How does MERIDIAN's PS Ratio compare to its peers?

MERIDIAN is expensive based on its Price-To-Sales Ratio (4.2x) compared to the peer average (2x).

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

MERIDIAN is expensive based on its Price-To-Sales Ratio (4.2x) compared to the MY Real Estate industry average (1.9x).

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

Insufficient data to calculate MERIDIAN's Price-To-Sales Fair Ratio for valuation analysis.

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

MERIDIAN (MYR0.05) is trading below our estimate of [[fair value]] (MYR0.19)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Meridian Berhad (KLSE:MERIDIAN) - Stock Price, News & Analysis

MERIDIAN Stock Overview

An investment holding company, operates in the property development and investment businesses in Malaysia. More details

MERIDIAN fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	0/6
Financial Health	4/6
Dividends	0/6

Rewards

Trading at 73.4% below our estimate of its fair value

Earnings have grown 8.8% per year over the past 5 years

Risk Analysis

Does not have a meaningful market cap (MYR11M)

Makes less than USD$1m in revenue (MYR3M)

Highly volatile share price over the past 3 months compared to the MY market

Latest financial reports are more than 6 months old

Meridian Berhad Competitors

Jiankun International Berhad

KLSE:JIANKUN

RM 23.2m

Multi-Usage Holdings Berhad

KLSE:MUH

RM 22.6m

Farlim Group (Malaysia) Bhd

KLSE:FARLIM

RM 32.1m

Sentoria Group Berhad

KLSE:SNTORIA

RM 24.5m

Price History & Performance

Summary of all time highs, changes and price drops for Meridian Berhad
Historical stock prices
Current Share Price	RM 0.05
52 Week High	RM 0.12
52 Week Low	RM 0.03
Beta	1.25
11 Month Change	25.00%
3 Month Change	-16.67%
1 Year Change	-52.38%
33 Year Change	-91.38%
5 Year Change	-82.14%
Change since IPO	-98.28%

Is Meridian Berhad (KLSE:MERIDIAN) Weighed On By Its Debt Load?

May 24

Meridian Berhad (KLSE:MERIDIAN) Use Of Debt Could Be Considered Risky

Sep 25

Recent updates

If You Had Bought Meridian Berhad (KLSE:MERIDIAN) Stock A Year Ago, You Could Pocket A 620% Gain Today

Mar 19

Meridian Berhad (KLSE:MERIDIAN) Is Making Moderate Use Of Debt

Feb 02

Shareholder Returns

	MERIDIAN	MY Real Estate	MY Market
7D	-9.1%	1.1%	0.09%
1Y	-52.4%	25.1%	9.5%

Return vs Industry: MERIDIAN underperformed the MY Real Estate industry which returned 25.2% over the past year.

Return vs Market: MERIDIAN underperformed the MY Market which returned 9.5% over the past year.

Price Volatility

Is MERIDIAN's price volatile compared to industry and market?
MERIDIAN volatility
MERIDIAN Average Weekly Movement	38.4%
Real Estate Industry Average Movement	5.6%
Market Average Movement	5.1%
10% most volatile stocks in MY Market	10.4%
10% least volatile stocks in MY Market	2.5%

Stable Share Price: MERIDIAN's share price has been volatile over the past 3 months compared to the MY market.

Volatility Over Time: MERIDIAN's weekly volatility has increased from 24% to 38% over the past year.

About the Company

Founded	Employees	CEO	Website
1993	n/a	n/a	www.meridianbhd.com.my

Meridian Berhad, an investment holding company, operates in the property development and investment businesses in Malaysia. It operates through Property Development, Construction, Property Investment, and Others segments. The company develops residential and commercial properties, and agricultural lots; secures and carries construction contracts; and rents investment properties.

Meridian Berhad Fundamentals Summary

How do Meridian Berhad's earnings and revenue compare to its market cap?
MERIDIAN fundamental statistics
Market cap	RM 11.30m
Earnings (TTM)	-RM 12.19m
Revenue (TTM)	RM 2.68m

4.2x

P/S Ratio

-0.9x

P/E Ratio

Is MERIDIAN overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MERIDIAN income statement (TTM)
Revenue	RM 2.68m
Cost of Revenue	RM 5.91m
Gross Profit	-RM 3.23m
Other Expenses	RM 8.96m
Earnings	-RM 12.19m

Last Reported Earnings

Nov 30, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	-0.054
Gross Margin	-120.47%
Net Profit Margin	-454.90%
Debt/Equity Ratio	15.3%

How did MERIDIAN perform over the long term?

See historical performance and comparison

MERIDIAN Stock Overview

Rewards

Risk Analysis

Meridian Berhad Competitors

KLSE:JIANKUN

RM 23.2m

KLSE:MUH

RM 22.6m

KLSE:FARLIM

RM 32.1m

KLSE:SNTORIA

RM 24.5m

Price History & Performance

Recent News & Updates

New minor risk - Financial data availability

Is Meridian Berhad (KLSE:MERIDIAN) Weighed On By Its Debt Load?

Meridian Berhad, Annual General Meeting, May 06, 2024

Meridian Berhad Announces Resignation of Dato Yap Ting Hau as Executive Director

Full year 2023 earnings released: RM0.051 loss per share (vs RM0.059 loss in FY 2022)

Meridian Berhad (KLSE:MERIDIAN) Use Of Debt Could Be Considered Risky

Recent updates

New minor risk - Financial data availability

Is Meridian Berhad (KLSE:MERIDIAN) Weighed On By Its Debt Load?

Meridian Berhad, Annual General Meeting, May 06, 2024

Meridian Berhad Announces Resignation of Dato Yap Ting Hau as Executive Director

Full year 2023 earnings released: RM0.051 loss per share (vs RM0.059 loss in FY 2022)

Meridian Berhad (KLSE:MERIDIAN) Use Of Debt Could Be Considered Risky

Full year 2023 earnings released: RM0.058 loss per share (vs RM0.059 loss in FY 2022)

Sunita A/P Jeganathan entered into an agreement to acquire Nandex Land Sdn. Bhd. from Meridian Berhad (KLSE:MERIDIAN) for MYR 100.

Is Meridian Berhad (KLSE:MERIDIAN) Weighed On By Its Debt Load?

Third quarter 2023 earnings released: RM0.011 loss per share (vs RM0.046 loss in 3Q 2022)

High number of new and inexperienced directors

Second quarter 2023 earnings released: RM0.004 loss per share (vs RM0.016 loss in 2Q 2022)

First quarter 2023 earnings released: RM0.003 loss per share (vs RM0.002 loss in 1Q 2022)

Meridian Berhad, Annual General Meeting, Dec 16, 2022

Meridian Berhad Announces Redesignation of Mr. Ng Kok Hok

Full year 2022 earnings released: RM0.015 loss per share (vs RM0.015 loss in FY 2021)

Third quarter 2022 earnings released: RM0.011 loss per share (vs RM0.01 loss in 3Q 2021)

Is Meridian Berhad (KLSE:MERIDIAN) Using Debt In A Risky Way?

Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Meridian Berhad has completed a Follow-on Equity Offering in the amount of MYR 8.604736 million.

First quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Here's Why Meridian Berhad (KLSE:MERIDIAN) Can Afford Some Debt

Full year 2021 earnings released: RM0.015 loss per share (vs RM0.003 profit in FY 2020)

Third quarter 2021 earnings released: RM0.01 loss per share (vs RM0.019 loss in 3Q 2020)

Meridian Berhad has completed a Follow-on Equity Offering in the amount of MYR 48.894228 million.

If You Had Bought Meridian Berhad (KLSE:MERIDIAN) Stock A Year Ago, You Could Pocket A 620% Gain Today

Independent & Non Executive Director has left the company

Meridian Berhad (KLSE:MERIDIAN) Is Making Moderate Use Of Debt

Meridian Berhad Announces Redesignation of Chew Shin Yong, Mark from Independent and Non Executive Member of Remuneration Committee to Independent and Non Executive Chairman of Remuneration Committee

New 90-day high: RM0.46

Meridian Berhad Announces Resignation of Karlson Goh Kar Sheng as Independent and Non Executive Member of Remuneration Committee

Meridian Berhad Appoints Dato Tiong Kwing Hee as Non Independent and Non Executive, Non-Independent Director

New 90-day high: RM0.43

Meridian Berhad Appoints WOON SOON FAI as Independent and Non Executive Chairman of Audit Committee

First quarter 2021 earnings released: RM0.003 loss per share

Meridian Berhad Announces Resignation of BOH CHEAU LEANG as Independent and Non Executive Chairman of Audit Committee

Meridian Berhad Announces the Appointment of Tang Boon Koon as Executive Director

New 90-day high: RM0.35

New 90-day high - RM0.27

New 90-day high - RM0.21

Shareholder Returns

Price Volatility

About the Company

Meridian Berhad Fundamentals Summary

4.2x

-0.9x

Earnings & Revenue