I-Berhad, an investment holding company, engages in the property investment and development activities primarily in Malaysia.
Flawless balance sheet, undervalued and pays a dividend.
Share Price & News
How has I-Berhad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: IBHD's share price has been volatile over the past 3 months.
7 Day Return
MY Real Estate
1 Year Return
MY Real Estate
Return vs Industry: IBHD underperformed the MY Real Estate industry which returned -21.1% over the past year.
Return vs Market: IBHD underperformed the MY Market which returned -9.5% over the past year.
Price Volatility Vs. Market
How volatile is I-Berhad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
3 days ago | Simply Wall StDid You Manage To Avoid I-Berhad's (KLSE:IBHD) Painful 66% Share Price Drop?
3 weeks ago | Simply Wall StIs I-Berhad (KLSE:IBHD) A Good Dividend Stock?
1 month ago | Simply Wall StHere's How P/E Ratios Can Help Us Understand I-Berhad (KLSE:IBHD)
Is I-Berhad undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: IBHD (MYR0.21) is trading below our estimate of fair value (MYR0.21)
Significantly Below Fair Value: IBHD is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: IBHD is good value based on its PE Ratio (7.6x) compared to the Real Estate industry average (10x).
PE vs Market: IBHD is good value based on its PE Ratio (7.6x) compared to the MY market (14.2x).
Price to Earnings Growth Ratio
PEG Ratio: IBHD is good value based on its PEG Ratio (0.4x)
Price to Book Ratio
PB vs Industry: IBHD is good value based on its PB Ratio (0.2x) compared to the MY Real Estate industry average (0.4x).
How is I-Berhad forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: IBHD's forecast earnings growth (18.5% per year) is above the savings rate (3.4%).
Earnings vs Market: IBHD's earnings (18.5% per year) are forecast to grow faster than the MY market (10.3% per year).
High Growth Earnings: IBHD's earnings are forecast to grow, but not significantly.
Revenue vs Market: IBHD's revenue (23% per year) is forecast to grow faster than the MY market (5.6% per year).
High Growth Revenue: IBHD's revenue (23% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: IBHD's Return on Equity is forecast to be low in 3 years time (4.1%).
How has I-Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: IBHD has high quality earnings.
Growing Profit Margin: IBHD's current net profit margins (16.5%) are higher than last year (13.9%).
Past Earnings Growth Analysis
Earnings Trend: IBHD's earnings have declined by -2.9% per year over the past 5 years.
Accelerating Growth: IBHD's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: IBHD had negative earnings growth (-56.1%) over the past year, making it difficult to compare to the Real Estate industry average (3.3%).
Return on Equity
High ROE: IBHD's Return on Equity (2.9%) is considered low.
Return on Assets
Return on Capital Employed
How is I-Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: IBHD's short term assets (MYR929.3M) exceed its short term liabilities (MYR526.8M).
Long Term Liabilities: IBHD's short term assets (MYR929.3M) exceed its long term liabilities (MYR221.1M).
Debt to Equity History and Analysis
Debt Level: IBHD's debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: IBHD's debt to equity ratio has reduced from 39.7% to 25.5% over the past 5 years.
Debt Coverage: IBHD's debt is well covered by operating cash flow (33.1%).
Interest Coverage: IBHD earns more interest than it pays, so coverage of interest payments is not a concern.
Inventory Level: IBHD has a high level of physical assets or inventory.
Debt Coverage by Assets: IBHD's debt is covered by short term assets (assets are 3.7x debt).
What is I-Berhad's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: IBHD's dividend (8.54%) is higher than the bottom 25% of dividend payers in the MY market (2.04%).
High Dividend: IBHD's dividend (8.54%) is in the top 25% of dividend payers in the MY market (5%)
Stability and Growth of Payments
Stable Dividend: IBHD's dividend payments have been volatile in the past 10 years.
Growing Dividend: IBHD's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (65.2%), IBHD's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: IBHD's dividends in 3 years are forecast to be well covered by earnings (34.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Siew Thuan Tey (65yo)
Y. Bhg. Puan Sri Siew Thuan Tey is the Chief Executive Officer of I-Berhad since January 1, 2020. She served as Chief Executive Officer of I-Berhad from February 27, 2008 to February 10, 2009. Y. Bhg. Dati ...
|CEO & Executive Director||0.08yrs||RM110.00k||0.17% MYR367.7k|
|General Manager of Finance & Accounting||6.7yrs||no data||no data|
|Deputy Chief Executive Officer||14.3yrs||no data||no data|
|Head of Leisure Park||3.8yrs||no data||no data|
|Head of Corporate Planning||1.8yrs||no data||no data|
|Company Secretary||0yrs||no data||no data|
Experienced Management: IBHD's management team is considered experienced (3.8 years average tenure).
|CEO & Executive Director||0.08yrs||RM110.00k||0.17% MYR367.7k|
|Independent & Non-Executive Director||0yrs||no data||no data|
|Non-Executive Deputy Chairman||0yrs||RM110.00k||no data|
|Founder & Non-Executive Chairman||9.6yrs||RM110.00k||0.23% MYR506.5k|
|Independent Non-Executive Director||6.6yrs||RM36.00k||no data|
Experienced Board: IBHD's board of directors are considered experienced (9.6 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
I-Berhad's company bio, employee growth, exchange listings and data sources
- Name: I-Berhad
- Ticker: IBHD
- Exchange: KLSE
- Industry: Diversified Real Estate Activities
- Sector: Real Estate
- Market Cap: RM217.569m
- Shares outstanding: 1.06b
- Website: https://www.i-bhd.com
- Persiaran Multimedia
- Shah Alam
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|IBHD||KLSE (Bursa Malaysia)||Yes||Ordinary Shares||MY||MYR||Jan 1992|
|IBHD-PA||KLSE (Bursa Malaysia)||RCPS 27/11/22 MYR0.19||MY||MYR||Dec 2019|
I-Berhad, an investment holding company, engages in the property investment and development activities primarily in Malaysia. The company operates through Property Development, Property Investment, and Leisure segments. It develops and sells residential and commercial properties; contracts for construction works; owns land and property; and manages complexes and other properties. The company also develops and manages i-City, Shah Alam as a MSC Malaysia Cybercentre; operates as an advertising agent, advertiser, and advertising contractor; manages network and telephony services; and owns, markets, and manages events, leisure, hotel, and other tourism related activities. In addition, it operates as a travel agent. The company was formerly known as Sanyo Industries (Malaysia) Sdn Bhd and changed its name to I-Berhad in 1999. I-Berhad is based in Shah Alam, Malaysia. I-Berhad is a subsidiary of Sumurwang Sdn. Bhd.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/26 14:56|
|End of Day Share Price||2020/02/26 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.