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LAGE

Lagenda Properties Berhad KLSE:LAGENDA Stock Report

Last Price

RM1.30

Market Cap

RM1.1b

7D

0.8%

1Y

2.4%

Updated

01 Jul, 2022

Data

Company Financials +
LAGENDA fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance4/6
Financial Health6/6
Dividends4/6

LAGENDA Stock Overview

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

Lagenda Properties Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lagenda Properties Berhad
Historical stock prices
Current Share PriceRM1.30
52 Week HighRM1.65
52 Week LowRM1.21
Beta0.85
1 Month Change-5.80%
3 Month Change-10.35%
1 Year Change2.36%
3 Year Change73.33%
5 Year Change73.33%
Change since IPO-95.77%

Recent News & Updates

Shareholder Returns

LAGENDAMY Real EstateMY Market
7D0.8%0.8%0.9%
1Y2.4%-10.0%-7.1%

Return vs Industry: LAGENDA exceeded the MY Real Estate industry which returned -10% over the past year.

Return vs Market: LAGENDA exceeded the MY Market which returned -7.1% over the past year.

Price Volatility

Is LAGENDA's price volatile compared to industry and market?
LAGENDA volatility
LAGENDA Average Weekly Movement4.0%
Real Estate Industry Average Movement5.2%
Market Average Movement5.5%
10% most volatile stocks in MY Market11.4%
10% least volatile stocks in MY Market2.8%

Stable Share Price: LAGENDA is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: LAGENDA's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2001260Jimmy Dohhttps://www.lagendaproperties.com

Lagenda Properties Berhad, an investment holding company, engages in the property development business in Malaysia. It is also involved in building construction; and trading of building materials and hardware products. The company was formerly known as D.B.E.

Lagenda Properties Berhad Fundamentals Summary

How do Lagenda Properties Berhad's earnings and revenue compare to its market cap?
LAGENDA fundamental statistics
Market CapRM1.06b
Earnings (TTM)RM192.92m
Revenue (TTM)RM799.63m

5.6x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LAGENDA income statement (TTM)
RevenueRM799.63m
Cost of RevenueRM481.41m
Gross ProfitRM318.22m
Other ExpensesRM125.30m
EarningsRM192.92m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.23
Gross Margin39.80%
Net Profit Margin24.13%
Debt/Equity Ratio25.8%

How did LAGENDA perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

28%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is LAGENDA undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for LAGENDA?

Other financial metrics that can be useful for relative valuation.

LAGENDA key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue1.4x
Enterprise Value/EBITDA4x
PEG Ratio0.3x

Price to Earnings Ratio vs Peers

How does LAGENDA's PE Ratio compare to its peers?

LAGENDA PE Ratio vs Peers
The above table shows the PE ratio for LAGENDA vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average7.9x
MAHSING Mah Sing Group Berhad
13.1x9.9%RM1.4b
LBS LBS Bina Group Berhad
8x1.5%RM655.0m
OSK OSK Holdings Berhad
4.9x13.1%RM1.8b
TAMBUN Tambun Indah Land Berhad
5.4x2.2%RM362.4m
LAGENDA Lagenda Properties Berhad
5.6x16.7%RM1.1b

Price-To-Earnings vs Peers: LAGENDA is good value based on its Price-To-Earnings Ratio (5.6x) compared to the peer average (7.8x).


Price to Earnings Ratio vs Industry

How does LAGENDA's PE Ratio compare vs other companies in the MY Real Estate Industry?

Price-To-Earnings vs Industry: LAGENDA is good value based on its Price-To-Earnings Ratio (5.6x) compared to the MY Real Estate industry average (13.3x)


Price to Earnings Ratio vs Fair Ratio

What is LAGENDA's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

LAGENDA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio5.6x
Fair PE Ratio16.9x

Price-To-Earnings vs Fair Ratio: LAGENDA is good value based on its Price-To-Earnings Ratio (5.6x) compared to the estimated Fair Price-To-Earnings Ratio (16.9x).


Share Price vs Fair Value

What is the Fair Price of LAGENDA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: LAGENDA (MYR1.3) is trading above our estimate of fair value (MYR1.19)

Significantly Below Fair Value: LAGENDA is trading above our estimate of fair value.


Price to Earnings Growth Ratio

PEG Ratio: LAGENDA is good value based on its PEG Ratio (0.3x)


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Future Growth

How is Lagenda Properties Berhad forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.7%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LAGENDA's forecast earnings growth (16.7% per year) is above the savings rate (3.6%).

Earnings vs Market: LAGENDA's earnings (16.7% per year) are forecast to grow faster than the MY market (10% per year).

High Growth Earnings: LAGENDA's earnings are forecast to grow, but not significantly.

Revenue vs Market: LAGENDA's revenue (16.6% per year) is forecast to grow faster than the MY market (5.2% per year).

High Growth Revenue: LAGENDA's revenue (16.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LAGENDA's Return on Equity is forecast to be high in 3 years time (21.1%)


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Past Performance

How has Lagenda Properties Berhad performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


64.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LAGENDA has high quality earnings.

Growing Profit Margin: LAGENDA's current net profit margins (24.1%) are higher than last year (21.4%).


Past Earnings Growth Analysis

Earnings Trend: LAGENDA has become profitable over the past 5 years, growing earnings by 64.7% per year.

Accelerating Growth: LAGENDA's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LAGENDA had negative earnings growth (-0.4%) over the past year, making it difficult to compare to the Real Estate industry average (-0.5%).


Return on Equity

High ROE: LAGENDA's Return on Equity (21.1%) is considered high.


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Financial Health

How is Lagenda Properties Berhad's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LAGENDA's short term assets (MYR1.4B) exceed its short term liabilities (MYR486.4M).

Long Term Liabilities: LAGENDA's short term assets (MYR1.4B) exceed its long term liabilities (MYR161.3M).


Debt to Equity History and Analysis

Debt Level: LAGENDA's net debt to equity ratio (4.5%) is considered satisfactory.

Reducing Debt: LAGENDA's debt to equity ratio has reduced from 30.8% to 25.8% over the past 5 years.

Debt Coverage: LAGENDA's debt is well covered by operating cash flow (42%).

Interest Coverage: LAGENDA's interest payments on its debt are well covered by EBIT (22x coverage).


Balance Sheet


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Dividend

What is Lagenda Properties Berhad current dividend yield, its reliability and sustainability?

Dividend Score

4/6

Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.38%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: LAGENDA's dividend (5.38%) is higher than the bottom 25% of dividend payers in the MY market (2.08%).

High Dividend: LAGENDA's dividend (5.38%) is in the top 25% of dividend payers in the MY market (4.91%)


Stability and Growth of Payments

Stable Dividend: Too early to tell whether LAGENDA's dividend payments have been stable as they only just started paying a dividend.

Growing Dividend: Too early to tell if LAGENDA's dividend payments are increasing as they only just started paying a dividend.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (27.8%), LAGENDA's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (60.6%), LAGENDA's dividend payments are covered by cash flows.


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Management

How experienced are the management team and are they aligned to shareholders interests?

2.1yrs

Average management tenure


CEO

Jimmy Doh (42 yo)

2.42yrs

Tenure

RM1,319,424

Compensation

Mr. Jee Ming Doh, also known as Jimmy, has been Group Managing Director of Lagenda Properties Berhad (formerly known as D.B.E. Gurney Resources Berhad) since January 1, 2020. Mr. Doh has been a Non-Indepen...


CEO Compensation Analysis

Compensation vs Market: Jimmy's total compensation ($USD299.46K) is above average for companies of similar size in the MY market ($USD183.14K).

Compensation vs Earnings: Jimmy's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

Experienced Management: LAGENDA's management team is considered experienced (2.1 years average tenure).


Board Members

Experienced Board: LAGENDA's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.


Ownership

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.


Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 2.3%.


Top Shareholders

Company Information

Lagenda Properties Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Lagenda Properties Berhad
  • Ticker: LAGENDA
  • Exchange: KLSE
  • Founded: 2001
  • Industry: Real Estate Development
  • Sector: Real Estate
  • Implied Market Cap: RM1.063b
  • Shares outstanding: 837.33m
  • Website: https://www.lagendaproperties.com

Number of Employees


Location

  • Lagenda Properties Berhad
  • No. 131, Persiaran PM2/1
  • Level 4
  • Seri Manjung
  • Perak
  • 32040
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/07/01 00:00
End of Day Share Price2022/07/01 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.