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JOE

Joe Holding Berhad KLSE:JOE Stock Report

Last Price

RM0.04

Market Cap

RM107.1m

7D

14.3%

1Y

-11.1%

Updated

18 May, 2022

Data

Company Financials
JOE fundamental analysis
Snowflake Score
Valuation1/6
Future Growth0/6
Past Performance0/6
Financial Health6/6
Dividends0/6

JOE Stock Overview

Joe Holding Berhad, an investment holding company, manufactures, assembles, and sells automotive batteries and components in Malaysia, Papua New Guinea, and Nigeria.

Joe Holding Berhad Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for Joe Holding Berhad
Historical stock prices
Current Share PriceRM0.04
52 Week HighRM0.055
52 Week LowRM0.025
Beta0.15
1 Month Change14.29%
3 Month Change33.33%
1 Year Change-11.11%
3 Year Change-69.23%
5 Year Change-63.64%
Change since IPO-84.91%

Recent News & Updates

May 05
Joe Holding Berhad (KLSE:JOE) Is In A Good Position To Deliver On Growth Plans

Joe Holding Berhad (KLSE:JOE) Is In A Good Position To Deliver On Growth Plans

We can readily understand why investors are attracted to unprofitable companies. For example, although...

Jan 20
We're Keeping An Eye On Joe Holding Berhad's (KLSE:JOE) Cash Burn Rate

We're Keeping An Eye On Joe Holding Berhad's (KLSE:JOE) Cash Burn Rate

Just because a business does not make any money, does not mean that the stock will go down. For example, although...

Oct 07
There Are Some Reasons To Suggest That Joe Holding Berhad's (KLSE:JOE) Earnings A Poor Reflection Of Profitability

There Are Some Reasons To Suggest That Joe Holding Berhad's (KLSE:JOE) Earnings A Poor Reflection Of Profitability

Joe Holding Berhad ( KLSE:JOE ) posted some decent earnings, but shareholders didn't react strongly. We think that they...

Sep 14
Is Joe Holding Berhad (KLSE:JOE) In A Good Position To Deliver On Growth Plans?

Is Joe Holding Berhad (KLSE:JOE) In A Good Position To Deliver On Growth Plans?

Just because a business does not make any money, does not mean that the stock will go down. For example, biotech and...

Shareholder Returns

JOEMY Retail DistributorsMY Market
7D14.3%0.8%-0.2%
1Y-11.1%-2.9%-3.5%

Return vs Industry: JOE underperformed the MY Retail Distributors industry which returned -2.9% over the past year.

Return vs Market: JOE underperformed the MY Market which returned -3.5% over the past year.

Price Volatility

Is JOE's price volatile compared to industry and market?
JOE volatility
JOE Average Weekly Movement23.2%
Retail Distributors Industry Average Movement6.0%
Market Average Movement6.0%
10% most volatile stocks in MY Market11.9%
10% least volatile stocks in MY Market3.1%

Stable Share Price: JOE is more volatile than 90% of MY stocks over the past 3 months, typically moving +/- 23% a week.

Volatility Over Time: JOE's weekly volatility (23%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
1968n/an/ahttps://www.gp-products.com

Joe Holding Berhad, an investment holding company, manufactures, assembles, and sells automotive batteries and components in Malaysia, Papua New Guinea, and Nigeria. The company also provides valve regulated/sealed lead acid and motorcycle batteries, automotive lubricants, and engine oil, as well as warehouse storage service. It markets its products under the GP brand.

Joe Holding Berhad Fundamentals Summary

How do Joe Holding Berhad's earnings and revenue compare to its market cap?
JOE fundamental statistics
Market CapRM107.07m
Earnings (TTM)-RM26.87m
Revenue (TTM)RM18.99m

6.5x

P/S Ratio

-4.6x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
JOE income statement (TTM)
RevenueRM18.99m
Cost of RevenueRM15.46m
Gross ProfitRM3.52m
Other ExpensesRM30.40m
Earnings-RM26.87m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.0088
Gross Margin18.55%
Net Profit Margin-141.55%
Debt/Equity Ratio0.0%

How did JOE perform over the long term?

See historical performance and comparison

Valuation

Is Joe Holding 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


0.54x

Price to Book (PB) ratio

Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate JOE's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate JOE's fair value for valuation analysis.


Price To Earnings Ratio

PE vs Industry: JOE is unprofitable, so we can't compare its PE Ratio to the MY Retail Distributors industry average.

PE vs Market: JOE is unprofitable, so we can't compare its PE Ratio to the MY market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: JOE is good value based on its PB Ratio (0.5x) compared to the MY Retail Distributors industry average (0.7x).


Future Growth

How is Joe Holding 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


1.1%

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 Joe Holding 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 Joe Holding Berhad performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-75.7%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: JOE is currently unprofitable.

Growing Profit Margin: JOE is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: JOE is unprofitable, and losses have increased over the past 5 years at a rate of 75.7% per year.

Accelerating Growth: Unable to compare JOE's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: JOE is unprofitable, making it difficult to compare its past year earnings growth to the Retail Distributors industry (13%).


Return on Equity

High ROE: JOE has a negative Return on Equity (-11.53%), as it is currently unprofitable.


Financial Health

How is Joe Holding Berhad's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: JOE's short term assets (MYR175.6M) exceed its short term liabilities (MYR11.0M).

Long Term Liabilities: JOE's short term assets (MYR175.6M) exceed its long term liabilities (MYR4.2M).


Debt to Equity History and Analysis

Debt Level: JOE is debt free.

Reducing Debt: JOE had no debt 5 years ago.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: JOE has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: JOE has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 53.1% each year.


Dividend

What is Joe Holding 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 JOE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

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

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


Earnings Payout to Shareholders

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


Cash Payout to Shareholders

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


Next Steps

Management

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

1.8yrs

Average management tenure


CEO

Joe Holding Berhad has no CEO, or we have no data on them.


Leadership Team

Experienced Management: JOE's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: JOE'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 substantially diluted in the past year, with total shares outstanding growing by 100%.


Top Shareholders

Company Information

Joe Holding Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Joe Holding Berhad
  • Ticker: JOE
  • Exchange: KLSE
  • Founded: 1968
  • Industry: Distributors
  • Sector: Retail
  • Implied Market Cap: RM107.069m
  • Shares outstanding: 3.06b
  • Website: https://www.gp-products.com

Number of Employees


Location

  • Joe Holding Berhad
  • Lot 5031-5032
  • Jalan Teratai
  • Klang
  • Selangor
  • 41050
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/18 00:00
End of Day Share Price2022/05/18 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.