| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 0/6 |
| Past Performance | 0/6 |
| Financial Health | 1/6 |
| Dividends | 0/6 |
TROP Stock Overview
Tropicana Corporation Berhad engages in the property and resort development, and property investment businesses in Malaysia.
Tropicana Corporation Berhad Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | RM0.95 |
| 52 Week High | RM1.19 |
| 52 Week Low | RM0.85 |
| Beta | 0.19 |
| 1 Month Change | -2.56% |
| 3 Month Change | -5.94% |
| 1 Year Change | 9.20% |
| 3 Year Change | 11.77% |
| 5 Year Change | -1.55% |
| Change since IPO | -28.03% |
Recent News & Updates
Tropicana Corporation Berhad (KLSE:TROP) Seems To Be Using A Lot Of Debt
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Shareholder Returns
| TROP | MY Real Estate | MY Market | |
|---|---|---|---|
| 7D | -2.6% | 0.1% | -0.9% |
| 1Y | 9.2% | -11.0% | -7.7% |
Return vs Industry: TROP exceeded the MY Real Estate industry which returned -12.7% over the past year.
Return vs Market: TROP exceeded the MY Market which returned -8.7% over the past year.
Price Volatility
| TROP volatility | |
|---|---|
| TROP Average Weekly Movement | 1.9% |
| Real Estate Industry Average Movement | 5.2% |
| Market Average Movement | 5.6% |
| 10% most volatile stocks in MY Market | 11.4% |
| 10% least volatile stocks in MY Market | 2.8% |
Stable Share Price: TROP is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 2% a week.
Volatility Over Time: TROP's weekly volatility (2%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1979 | 834 | Kah Choy | https://www.tropicanacorp.com.my |
Tropicana Corporation Berhad engages in the property and resort development, and property investment businesses in Malaysia. It operates through three segments: Property Development and Property Management; Property Investment, Recreation and Resort; and Investment Holding and Others. The company develops residential and commercial properties; operates and manages hotels, resorts, golf courses, club houses, and restaurants; invests in commercial and other properties; provides landscape services; and engages in the management and operation of private schools.
Tropicana Corporation Berhad Fundamentals Summary
| TROP fundamental statistics | |
|---|---|
| Market Cap | RM1.66b |
| Earnings (TTM) | -RM87.91m |
| Revenue (TTM) | RM858.78m |
1.9x
P/S Ratio-18.9x
P/E RatioIs TROP overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| TROP income statement (TTM) | |
|---|---|
| Revenue | RM858.78m |
| Cost of Revenue | RM491.54m |
| Gross Profit | RM367.24m |
| Other Expenses | RM455.15m |
| Earnings | -RM87.91m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | -0.05 |
| Gross Margin | 42.76% |
| Net Profit Margin | -10.24% |
| Debt/Equity Ratio | 68.2% |
How did TROP perform over the long term?
See historical performance and comparisonValuation
Is TROP undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
1/6Valuation Score 1/6
Price-To-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales 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 TROP?
Other financial metrics that can be useful for relative valuation.
| What is TROP's n/a Ratio? | |
|---|---|
| n/a Ratio | 0x |
| n/a | n/a |
| Market Cap | RM1.66b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 7.9x |
| Enterprise Value/EBITDA | 208.9x |
| PEG Ratio | n/a |
Price to Sales Ratio vs Peers
How does TROP's PS Ratio compare to its peers?
| TROP PS Ratio vs Peers |
|---|
| Company | PS | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 3.1x | ||
YNHPROP YNH Property Bhd | 7.7x | n/a | RM1.8b |
OSK OSK Holdings Berhad | 1.6x | 8.2% | RM1.8b |
MAHSING Mah Sing Group Berhad | 0.8x | 9.2% | RM1.4b |
MATRIX Matrix Concepts Holdings Berhad | 2.2x | 11.6% | RM1.9b |
TROP Tropicana Corporation Berhad | 1.9x | n/a | RM1.7b |
Price-To-Sales vs Peers: TROP is good value based on its Price-To-Sales Ratio (1.9x) compared to the peer average (3.1x).
Price to Earnings Ratio vs Industry
How does TROP's PE Ratio compare vs other companies in the MY Real Estate Industry?
Price-To-Sales vs Industry: TROP is expensive based on its Price-To-Sales Ratio (1.9x) compared to the MY Real Estate industry average (1.6x)
Price to Sales Ratio vs Fair Ratio
What is TROP'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.
| Fair Ratio | |
|---|---|
| Current PS Ratio | 1.9x |
| Fair PS Ratio | n/a |
Price-To-Sales vs Fair Ratio: Insufficient data to calculate TROP's Price-To-Sales Fair Ratio for valuation analysis.
Share Price vs Fair Value
What is the Fair Price of TROP when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: Insufficient data to calculate TROP's fair value for valuation analysis.
Significantly Below Fair Value: Insufficient data to calculate TROP's fair value for valuation analysis.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate TROP's PEG Ratio to determine if it is good value.
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Future Growth
How is Tropicana Corporation Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Future Growth Score
0/6Future Growth Score 0/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
11.9%
Forecasted Real Estate industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Tropicana Corporation Berhad has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
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- Take a look at our analysis of TROP’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
Past Performance
How has Tropicana Corporation Berhad performed over the past 5 years?
Past Performance Score
0/6Past Performance Score 0/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
-20.5%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TROP is currently unprofitable.
Growing Profit Margin: TROP is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: TROP is unprofitable, and losses have increased over the past 5 years at a rate of 20.5% per year.
Accelerating Growth: Unable to compare TROP's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: TROP is unprofitable, making it difficult to compare its past year earnings growth to the Real Estate industry (-0.5%).
Return on Equity
High ROE: TROP has a negative Return on Equity (-1.07%), as it is currently unprofitable.
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Financial Health
How is Tropicana Corporation Berhad's financial position?
Financial Health Score
1/6Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: TROP's short term assets (MYR2.2B) exceed its short term liabilities (MYR1.7B).
Long Term Liabilities: TROP's short term assets (MYR2.2B) do not cover its long term liabilities (MYR4.7B).
Debt to Equity History and Analysis
Debt Level: TROP's net debt to equity ratio (56.9%) is considered high.
Reducing Debt: TROP's debt to equity ratio has increased from 53.3% to 68.2% over the past 5 years.
Debt Coverage: TROP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if TROP's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Dividend
What is Tropicana Corporation Berhad current dividend yield, its reliability and sustainability?
Dividend Score
0/6Dividend Score 0/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TROP's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TROP's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TROP's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TROP's dividend payments have been increasing.
Earnings Payout to Shareholders
Earnings Coverage: TROP is not paying a notable dividend for the MY market.
Cash Payout to Shareholders
Cash Flow Coverage: Unable to calculate sustainability of dividends as TROP has not reported any payouts.
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Management
How experienced are the management team and are they aligned to shareholders interests?
2.9yrs
Average management tenure
CEO
Kah Choy (51 yo)
0.083
Tenure
Mr. Kah Yew Choy serves as Chief Executive Officer at Tropicana Corporation Berhad since May 2022. He had been Executive Vice President and Chief Financial Officer of S P Setia Berhad since April 1, 2016 u...
Leadership Team
Experienced Management: TROP's management team is considered experienced (2.9 years average tenure).
Board Members
Experienced Board: TROP's board of directors are not considered experienced ( 1.7 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 20.9%.
Top Shareholders
Company Information
Tropicana Corporation Berhad's employee growth, exchange listings and data sources
Key Information
- Name: Tropicana Corporation Berhad
- Ticker: TROP
- Exchange: KLSE
- Founded: 1979
- Industry: Real Estate Development
- Sector: Real Estate
- Implied Market Cap: RM1.665b
- Shares outstanding: 1.75b
- Website: https://www.tropicanacorp.com.my
Number of Employees
Location
- Tropicana Corporation Berhad
- Tropicana Gardens Office Tower
- Unit 1301, Level 13
- Petaling Jaya
- Selangor
- 47810
- Malaysia
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/06/27 00:00 |
| End of Day Share Price | 2022/06/27 00:00 |
| Earnings | 2022/03/31 |
| Annual Earnings | 2021/12/31 |
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.