Glomac Berhad (KLSE:GLOMAC) - Stock Price, News & Analysis

GLOMAC Stock Overview

Glomac Berhad, an investment holding company, engages in the property development business in Malaysia.

GLOMAC fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	2/6
Financial Health	5/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (13x) is below the MY market (16.1x)

Earnings are forecast to grow 29.47% per year

Risk Analysis

Profit margins (6.7%) are lower than last year (12%)

Unstable dividend track record

Does not have a meaningful market cap (MYR292M)

Glomac Berhad Competitors

Menang Corporation (M) Berhad

KLSE:MENANG

RM324.2m

DutaLand Berhad

KLSE:DUTALND

RM261.5m

M K Land Holdings Berhad

KLSE:MKLAND

RM259.0m

Selangor Dredging Berhad

KLSE:SDRED

RM253.5m

Price History & Performance

Summary of all time highs, changes and price drops for Glomac Berhad
Historical stock prices
Current Share Price	RM0.38
52 Week High	RM0.43
52 Week Low	RM0.29
Beta	0.26
1 Month Change	5.56%
3 Month Change	4.11%
1 Year Change	18.75%
3 Year Change	8.57%
5 Year Change	2.70%
Change since IPO	-23.46%

There May Be Some Bright Spots In Glomac Berhad's (KLSE:GLOMAC) Earnings

Apr 02

Glomac Berhad (KLSE:GLOMAC) Is Reducing Its Dividend To MYR0.0125

Dec 12

Time To Worry? Analysts Are Downgrading Their Glomac Berhad (KLSE:GLOMAC) Outlook

Dec 03

Recent updates

There May Be Some Bright Spots In Glomac Berhad's (KLSE:GLOMAC) Earnings

Apr 02

Glomac Berhad (KLSE:GLOMAC) Is Reducing Its Dividend To MYR0.0125

Dec 12

Time To Worry? Analysts Are Downgrading Their Glomac Berhad (KLSE:GLOMAC) Outlook

Dec 03

Bullish: Analysts Just Made A Significant Upgrade To Their Glomac Berhad (KLSE:GLOMAC) Forecasts

Jun 26

Glomac Berhad (KLSE:GLOMAC) Has Announced That It Will Be Increasing Its Dividend To MYR0.015

Oct 20

Glomac Berhad (KLSE:GLOMAC) Is Increasing Its Dividend To MYR0.015

Sep 02

Glomac Berhad (KLSE:GLOMAC) Will Pay A Larger Dividend Than Last Year At MYR0.015

Aug 19

Glomac Berhad (KLSE:GLOMAC) Has A Somewhat Strained Balance Sheet

May 25

Is Glomac Berhad (KLSE:GLOMAC) Using Too Much Debt?

Feb 24

Glomac Berhad (KLSE:GLOMAC) Share Prices Have Dropped 59% In The Last Five Years

Jan 17

Does Glomac Berhad's (KLSE:GLOMAC) Statutory Profit Adequately Reflect Its Underlying Profit?

Dec 22

Glomac Berhad (KLSE:GLOMAC) Has A Somewhat Strained Balance Sheet

Nov 26

Shareholder Returns

	GLOMAC	MY Real Estate	MY Market
7D	-6.2%	-5.6%	-1.2%
1Y	18.8%	39.0%	9.7%

Return vs Industry: GLOMAC underperformed the MY Real Estate industry which returned 39% over the past year.

Return vs Market: GLOMAC exceeded the MY Market which returned 9.7% over the past year.

Price Volatility

Is GLOMAC's price volatile compared to industry and market?
GLOMAC volatility
GLOMAC Average Weekly Movement	4.9%
Real Estate Industry Average Movement	5.6%
Market Average Movement	5.1%
10% most volatile stocks in MY Market	10.8%
10% least volatile stocks in MY Market	2.5%

Stable Share Price: GLOMAC has not had significant price volatility in the past 3 months.

Volatility Over Time: GLOMAC's weekly volatility (5%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1988	182	FD Iskandar Bin Mohamed Mansor	www.glomac.com.my

Glomac Berhad, an investment holding company, engages in the property development business in Malaysia. It operates in three segments: Property Development, Construction, and Property Investment. The company develops residential, commercial, and mixed development properties, as well as townships; invests in and sells land and buildings; and provides property management services.

Glomac Berhad Fundamentals Summary

How do Glomac Berhad's earnings and revenue compare to its market cap?
GLOMAC fundamental statistics
Market cap	RM291.65m
Earnings (TTM)	RM22.45m
Revenue (TTM)	RM336.35m

13.0x

P/E Ratio

0.9x

P/S Ratio

Is GLOMAC overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GLOMAC income statement (TTM)
Revenue	RM336.35m
Cost of Revenue	RM241.88m
Gross Profit	RM94.48m
Other Expenses	RM72.02m
Earnings	RM22.45m

Last Reported Earnings

Jan 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.029
Gross Margin	28.09%
Net Profit Margin	6.68%
Debt/Equity Ratio	33.0%

How did GLOMAC perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

43%

Payout Ratio

GLOMAC Stock Overview

Rewards

Risk Analysis

Glomac Berhad Competitors

KLSE:MENANG

RM324.2m

KLSE:DUTALND

RM261.5m

KLSE:MKLAND

RM259.0m

KLSE:SDRED

RM253.5m

Price History & Performance

Recent News & Updates

There May Be Some Bright Spots In Glomac Berhad's (KLSE:GLOMAC) Earnings

Consensus EPS estimates fall by 15%

Third quarter 2024 earnings released: EPS: RM0.005 (vs RM0.001 in 3Q 2023)

Glomac Berhad (KLSE:GLOMAC) Is Reducing Its Dividend To MYR0.0125

Upcoming dividend of RM0.013 per share at 3.5% yield

Time To Worry? Analysts Are Downgrading Their Glomac Berhad (KLSE:GLOMAC) Outlook

Recent updates

There May Be Some Bright Spots In Glomac Berhad's (KLSE:GLOMAC) Earnings

Consensus EPS estimates fall by 15%

Third quarter 2024 earnings released: EPS: RM0.005 (vs RM0.001 in 3Q 2023)

Glomac Berhad (KLSE:GLOMAC) Is Reducing Its Dividend To MYR0.0125

Upcoming dividend of RM0.013 per share at 3.5% yield

Time To Worry? Analysts Are Downgrading Their Glomac Berhad (KLSE:GLOMAC) Outlook

Second quarter 2024 earnings released: EPS: RM0.001 (vs RM0.015 in 2Q 2023)

Glomac Berhad Provides Material Litigation Updates

Price target increased by 12% to RM0.44

Full year 2023 earnings: EPS and revenues exceed analyst expectations

Glomac Berhad (KLSE:GLOMAC) Is Paying Out Less In Dividends Than Last Year

Glomac Berhad, Annual General Meeting, Oct 25, 2023

Glomac Berhad's (KLSE:GLOMAC) Dividend Is Being Reduced To MYR0.0125

Does Glomac Berhad (KLSE:GLOMAC) Have A Healthy Balance Sheet?

Glomac Berhad (KLSE:GLOMAC) completed the acquisition of remaining 49% stake in Glomac Bina Sdn Bhd from Tan Sri Dato' Mohamed Mansor bin and Mohd Yasin Loh bin Abdullah for MYR 16.3 million.

Glomac Berhad Announces Cessation of Office of DATO' IKHWAN SALIM BIN DATO' HAJI SUJAK as Independent and Non Executive Member of Risk Committee

Bullish: Analysts Just Made A Significant Upgrade To Their Glomac Berhad (KLSE:GLOMAC) Forecasts

New minor risk - Profit margin trend

Glomac Berhad Recommends Final Dividend for the Financial Year Ended 30 April 2023

Full year 2023 earnings released: EPS: RM0.041 (vs RM0.049 in FY 2022)

Glomac Berhad Appoints Mohd Adzahar Bin Abdul Wahid as Independent and Non Executive Member of Risk Committee

Glomac Berhad Appoints Encik Mohd Adzahar Bin Abdul Wahid as Independent and Non Executive Director

Consensus EPS estimates fall by 23%

Third quarter 2023 earnings released: EPS: RM0.001 (vs RM0.011 in 3Q 2022)

Upcoming dividend of RM0.015 per share

Second quarter 2023 earnings released: EPS: RM0.015 (vs RM0.015 in 2Q 2022)

Glomac Berhad (KLSE:GLOMAC) Has Announced That It Will Be Increasing Its Dividend To MYR0.015

Glomac Berhad Announces Cessation of Datuk Ali Bin Abdul Kadir as Independent and Non Executive Member of Nomination Committee

Price target increased to RM0.42

Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind

Glomac Berhad (KLSE:GLOMAC) Is Increasing Its Dividend To MYR0.015

Glomac Berhad, Annual General Meeting, Oct 19, 2022

Glomac Berhad (KLSE:GLOMAC) Will Pay A Larger Dividend Than Last Year At MYR0.015

Glomac Berhad Announces Final Single-Tier Dividend for the Financial Year Ended 30 April 2022, Payable on 29 December 2022

Glomac Berhad Provides Material Litigation Update

Full year 2022 earnings: Revenues miss analyst expectations

Glomac Berhad Announces Appointment of Encik Mohd Razlan Bin Mohamed as Independent and Non Executive Member of Risk Committee

Glomac Berhad Appoints Encik Mohd Razlan Bin Mohamed as Independent and Non Executive Director

Price target decreased to RM0.38

Insufficient new directors

Price target decreased to RM0.38

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Glomac Berhad Announces Update on Material Litigation

Upcoming dividend of RM0.01 per share

Insufficient new directors

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

First quarter 2022 earnings released: EPS RM0.002 (vs RM0.004 in 1Q 2021)

Full year 2021 earnings released: EPS RM0.037 (vs RM0.016 in FY 2020)

Glomac Berhad (KLSE:GLOMAC) Has A Somewhat Strained Balance Sheet

Material Litigation Kuala Lumpur High Court Civil Suit No. Wa-22Ncvc-230-05/2020 Filed by Soon Hoe Chuan Against Glomac Berhad

Third quarter 2021 earnings released: EPS RM0.015 (vs RM0.016 in 3Q 2020)

New 90-day high: RM0.45

Joint Secretary has left the company

Glomac Berhad Announces Resignation of Ong Shaw Ching as Joint Secretary

Glomac Berhad Appoints Lilyrohayu Binti Ab. Hamid @ Kassim as Joint Secretary

Is Glomac Berhad (KLSE:GLOMAC) Using Too Much Debt?

Glomac Berhad (KLSE:GLOMAC) Share Prices Have Dropped 59% In The Last Five Years

Does Glomac Berhad's (KLSE:GLOMAC) Statutory Profit Adequately Reflect Its Underlying Profit?

New 90-day high: RM0.35