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CCB

Cycle & Carriage Bintang Berhad KLSE:CCB Stock Report

Last Price

RM2.42

Market Cap

RM243.8m

7D

-1.6%

1Y

-5.1%

Updated

15 May, 2022

Data

Company Financials
CCB fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

CCB Stock Overview

Cycle & Carriage Bintang Berhad, together with its subsidiaries, engages in retailing motor vehicles in Malaysia.

Cycle & Carriage Bintang Berhad Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Cycle & Carriage Bintang Berhad
Historical stock prices
Current Share PriceRM2.42
52 Week HighRM3.18
52 Week LowRM1.98
Beta0.60
1 Month Change-1.63%
3 Month Change18.63%
1 Year Change-5.10%
3 Year Change62.42%
5 Year Change-3.97%
Change since IPO-37.95%

Recent News & Updates

Shareholder Returns

CCBMY Specialty RetailMY Market
7D-1.6%0.2%-1.6%
1Y-5.1%-1.0%-4.2%

Return vs Industry: CCB underperformed the MY Specialty Retail industry which returned -1% over the past year.

Return vs Market: CCB matched the MY Market which returned -4.2% over the past year.

Price Volatility

Is CCB's price volatile compared to industry and market?
CCB volatility
CCB Average Weekly Movement5.4%
Specialty Retail Industry Average Movement4.9%
Market Average Movement6.0%
10% most volatile stocks in MY Market11.8%
10% least volatile stocks in MY Market3.1%

Stable Share Price: CCB is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CCB's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1899704Thomas Tokhttps://www.cyclecarriage.com.my

Cycle & Carriage Bintang Berhad, together with its subsidiaries, engages in retailing motor vehicles in Malaysia. It is involved in the retail and after-sales service of Mercedes-Benz passenger cars and commercial vehicles; sale of spare parts; service of vehicles; and rental of premises. The company also offers sales and after-sales services for FUSO trucks.

Cycle & Carriage Bintang Berhad Fundamentals Summary

How do Cycle & Carriage Bintang Berhad's earnings and revenue compare to its market cap?
CCB fundamental statistics
Market CapRM243.80m
Earnings (TTM)RM9.96m
Revenue (TTM)RM1.04b

24.5x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CCB income statement (TTM)
RevenueRM1.04b
Cost of RevenueRM889.71m
Gross ProfitRM145.58m
Other ExpensesRM135.62m
EarningsRM9.96m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.099
Gross Margin14.06%
Net Profit Margin0.96%
Debt/Equity Ratio32.2%

How did CCB perform over the long term?

See historical performance and comparison

Valuation

Is Cycle & Carriage Bintang Berhad undervalued compared to its fair value and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • PE vs Industry

  • PE vs Market

  • PEG Ratio

  • PB vs Industry


24.49x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: CCB (MYR2.42) is trading above our estimate of fair value (MYR0.95)

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


Price To Earnings Ratio

PE vs Industry: CCB's PE Ratio (24.5x) is in line with the MY Specialty Retail industry average.

PE vs Market: CCB is poor value based on its PE Ratio (24.5x) compared to the MY market (15.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CCB is good value based on its PB Ratio (1x) compared to the MY Specialty Retail industry average (1.8x).


Future Growth

How is Cycle & Carriage Bintang 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


20.1%

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 Cycle & Carriage Bintang 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 Cycle & Carriage Bintang 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


-16.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: CCB has high quality earnings.

Growing Profit Margin: CCB's current net profit margins (1%) are higher than last year (0.01%).


Past Earnings Growth Analysis

Earnings Trend: CCB's earnings have declined by 16% per year over the past 5 years.

Accelerating Growth: CCB's earnings growth over the past year (9956.6%) exceeds its 5-year average (-16% per year).

Earnings vs Industry: CCB earnings growth over the past year (9956.6%) exceeded the Specialty Retail industry 24.2%.


Return on Equity

High ROE: CCB's Return on Equity (4%) is considered low.


Financial Health

How is Cycle & Carriage Bintang 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: CCB's short term assets (MYR338.4M) exceed its short term liabilities (MYR283.6M).

Long Term Liabilities: CCB's short term assets (MYR338.4M) exceed its long term liabilities (MYR43.0M).


Debt to Equity History and Analysis

Debt Level: CCB has more cash than its total debt.

Reducing Debt: CCB's debt to equity ratio has reduced from 57.1% to 32.2% over the past 5 years.

Debt Coverage: CCB's debt is well covered by operating cash flow (102.6%).

Interest Coverage: CCB's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


Dividend

What is Cycle & Carriage Bintang Berhad current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend 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 CCB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate CCB'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 CCB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if CCB's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: CCB is not paying a notable dividend for the MY market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as CCB has not reported any payouts.


Next Steps

Management

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

1.2yrs

Average management tenure


CEO

Thomas Tok (49 yo)

0.25

Tenure

Mr. Chek Kuan Tok, also known as Thomas, serves as a Chief Executive Officer at Cycle & Carriage Bintang Berhad since February 1, 2022. He had been Head of Sales and General Manager of Cycle & Carriage Bin...


Leadership Team

Experienced Management: CCB's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: CCB's board of directors are not considered experienced ( 2.4 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Cycle & Carriage Bintang Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Cycle & Carriage Bintang Berhad
  • Ticker: CCB
  • Exchange: KLSE
  • Founded: 1899
  • Industry: Automotive Retail
  • Sector: Retail
  • Implied Market Cap: RM243.802m
  • Shares outstanding: 100.74m
  • Website: https://www.cyclecarriage.com.my

Number of Employees


Location

  • Cycle & Carriage Bintang Berhad
  • Jalan 51A/219
  • Lot 19
  • Petaling Jaya
  • Selangor
  • 46100
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/15 00:00
End of Day Share Price2022/05/13 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.