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ASIA

Asia Brands Berhad KLSE:ASIABRN Stock Report

Last Price

RM0.54

Market Cap

RM125.6m

7D

0%

1Y

-20.0%

Updated

17 May, 2022

Data

Company Financials
ASIABRN fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends2/6

ASIABRN Stock Overview

Asia Brands Berhad, an investment holding company, wholesales, retails, and distributes ready-made casual wear, baby and children wear, lingerie and ladies wear, and related accessories primarily in Malaysia.

Asia Brands Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Asia Brands Berhad
Historical stock prices
Current Share PriceRM0.54
52 Week HighRM0.75
52 Week LowRM0.43
Beta0.70
1 Month Change-5.26%
3 Month Change4.85%
1 Year Change-20.00%
3 Year Change12.50%
5 Year Change-41.62%
Change since IPO-91.71%

Recent News & Updates

Apr 04
Is Asia Brands Berhad (KLSE:ASIABRN) A Risky Investment?

Is Asia Brands Berhad (KLSE:ASIABRN) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...

Feb 09
Returns Are Gaining Momentum At Asia Brands Berhad (KLSE:ASIABRN)

Returns Are Gaining Momentum At Asia Brands Berhad (KLSE:ASIABRN)

If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...

Nov 29
Is Asia Brands Berhad (KLSE:ASIABRN) Using Too Much Debt?

Is Asia Brands Berhad (KLSE:ASIABRN) Using Too Much Debt?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...

Shareholder Returns

ASIABRNMY Retail DistributorsMY Market
7D0%1.1%-0.5%
1Y-20.0%-3.3%-3.4%

Return vs Industry: ASIABRN underperformed the MY Retail Distributors industry which returned -3.3% over the past year.

Return vs Market: ASIABRN underperformed the MY Market which returned -3.4% over the past year.

Price Volatility

Is ASIABRN's price volatile compared to industry and market?
ASIABRN volatility
ASIABRN Average Weekly Movement14.7%
Retail Distributors Industry Average Movement6.1%
Market Average Movement6.0%
10% most volatile stocks in MY Market11.8%
10% least volatile stocks in MY Market3.2%

Stable Share Price: ASIABRN is more volatile than 90% of MY stocks over the past 3 months, typically moving +/- 15% a week.

Volatility Over Time: ASIABRN's weekly volatility (15%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
1975n/aYean Fung Leehttps://www.asiabrands.com.my

Asia Brands Berhad, an investment holding company, wholesales, retails, and distributes ready-made casual wear, baby and children wear, lingerie and ladies wear, and related accessories primarily in Malaysia. It offers a range of baby products, including fashion-wear, feeding equipment, toiletries, diapers, accessories, strollers, playpens, bottle brushes, teats, car and booster seats, high-chairs, travel systems, bath and hooded towels, and wipes under the Anakku, Disney Baby, First Care, MiniCare, and Hello Kitty brands; and innerwear products, such as brassieres, panties, corsets, girdles, camisoles, bodysuits, crop tops, boxer shorts, and sleepwear lingerie under the Audrey, Cottonshop, Kawaii, and Lilian brands. The company also provides share services, such as finance, human resources, IT, administrative, and others; and sub-licensing services.

Asia Brands Berhad Fundamentals Summary

How do Asia Brands Berhad's earnings and revenue compare to its market cap?
ASIABRN fundamental statistics
Market CapRM125.63m
Earnings (TTM)RM14.49m
Revenue (TTM)RM170.06m

8.7x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ASIABRN income statement (TTM)
RevenueRM170.06m
Cost of RevenueRM75.75m
Gross ProfitRM94.31m
Other ExpensesRM79.82m
EarningsRM14.49m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.062
Gross Margin55.46%
Net Profit Margin8.52%
Debt/Equity Ratio14.7%

How did ASIABRN perform over the long term?

See historical performance and comparison

Dividends

1.9%

Current Dividend Yield

16%

Payout Ratio

Valuation

Is Asia Brands Berhad undervalued compared to its fair value and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


>50%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: ASIABRN (MYR0.54) is trading below our estimate of fair value (MYR2.59)

Significantly Below Fair Value: ASIABRN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: ASIABRN is good value based on its PE Ratio (8.7x) compared to the MY Retail Distributors industry average (9.7x).

PE vs Market: ASIABRN is good value based on its PE Ratio (8.7x) compared to the MY market (15.1x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate ASIABRN's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: ASIABRN's PB Ratio (0.6x) is in line with the MY Retail Distributors industry average.


Future Growth

How is Asia Brands Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


1.2%

Forecasted Retail 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 Asia Brands 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.


Past Performance

How has Asia Brands 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


68.8%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ASIABRN has high quality earnings.

Growing Profit Margin: ASIABRN's current net profit margins (8.5%) are higher than last year (7.6%).


Past Earnings Growth Analysis

Earnings Trend: ASIABRN has become profitable over the past 5 years, growing earnings by 68.8% per year.

Accelerating Growth: ASIABRN's earnings growth over the past year (16.5%) is below its 5-year average (68.8% per year).

Earnings vs Industry: ASIABRN earnings growth over the past year (16.5%) exceeded the Retail Distributors industry 13%.


Return on Equity

High ROE: ASIABRN's Return on Equity (6.5%) is considered low.


Financial Health

How is Asia Brands 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: ASIABRN's short term assets (MYR109.4M) exceed its short term liabilities (MYR45.8M).

Long Term Liabilities: ASIABRN's short term assets (MYR109.4M) exceed its long term liabilities (MYR26.2M).


Debt to Equity History and Analysis

Debt Level: ASIABRN's net debt to equity ratio (5.6%) is considered satisfactory.

Reducing Debt: ASIABRN's debt to equity ratio has reduced from 109.8% to 14.7% over the past 5 years.

Debt Coverage: ASIABRN's debt is well covered by operating cash flow (87.4%).

Interest Coverage: ASIABRN's interest payments on its debt are well covered by EBIT (9.4x coverage).


Balance Sheet


Dividend

What is Asia Brands Berhad current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


1.85%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ASIABRN's dividend (1.85%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.85%).

High Dividend: ASIABRN's dividend (1.85%) is low compared to the top 25% of dividend payers in the MY market (4.62%).


Stability and Growth of Payments

Stable Dividend: ASIABRN's dividend payments have been volatile in the past 10 years.

Growing Dividend: ASIABRN's dividend payments have fallen over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (16.1%), ASIABRN's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (8.5%), ASIABRN's dividend payments are thoroughly covered by cash flows.


Next Steps

Management

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

2.6yrs

Average management tenure


CEO

Yean Fung Lee (49 yo)

0.083

Tenure

Ms. Yean Fung Lee is Group Chief Executive Officer of Asia Brands Berhad since April 4, 2022. She had been Group Chief Operating Officer at Asia Brands Berhad since November 2014 until March 2022.Ms. Lee...


Leadership Team

Experienced Management: ASIABRN's management team is considered experienced (2.6 years average tenure).


Board Members

Experienced Board: ASIABRN's board of directors are seasoned and experienced ( 11.2 years average tenure).


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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Asia Brands Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Asia Brands Berhad
  • Ticker: ASIABRN
  • Exchange: KLSE
  • Founded: 1975
  • Industry: Distributors
  • Sector: Retail
  • Implied Market Cap: RM125.630m
  • Shares outstanding: 232.65m
  • Website: https://www.asiabrands.com.my

Location

  • Asia Brands Berhad
  • Lot 10449, Jalan Nenas
  • Batu 4½
  • Klang
  • Selangor
  • 41000
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/17 00:00
End of Day Share Price2022/05/17 00:00
Earnings2021/12/31
Annual Earnings2021/03/31


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.