MBM Resources Berhad (KLSE:MBMR) - Stock Price, News & Analysis

MBMR Stock Overview

An investment holding company, engages in motor trading, auto parts manufacturing, and property development businesses primarily in Malaysia. More details

MBMR fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	5/6
Financial Health	6/6
Dividends	4/6

Rewards

Price-To-Earnings ratio (7.1x) is below the MY market (15.8x)

Earnings grew by 40% over the past year

Trading at good value compared to peers and industry

Risk Analysis

Earnings are forecast to decline by an average of 7.1% per year for the next 3 years

Dividend of 7% is not well covered by free cash flows

MBM Resources Berhad Competitors

Fiamma Holdings Berhad

KLSE:FIAMMA

RM 562.0m

Yoong Onn Corporation Berhad

KLSE:YOCB

RM 301.4m

FCW Holdings Berhad

KLSE:FCW

RM 365.0m

Marco Holdings Berhad

KLSE:MARCO

RM 152.9m

Price History & Performance

Summary of all time highs, changes and price drops for MBM Resources Berhad
Historical stock prices
Current Share Price	RM 6.29
52 Week High	RM 6.32
52 Week Low	RM 4.07
Beta	0.36
11 Month Change	3.97%
3 Month Change	9.01%
1 Year Change	46.28%
33 Year Change	98.42%
5 Year Change	59.64%
Change since IPO	193.72%

Recent updates

MBM Resources Berhad's (KLSE:MBMR) Shareholders Will Receive A Bigger Dividend Than Last Year

Jun 07

MBM Resources Berhad's (KLSE:MBMR) Upcoming Dividend Will Be Larger Than Last Year's

May 01

Earnings Beat: MBM Resources Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Mar 03

These 4 Measures Indicate That MBM Resources Berhad (KLSE:MBMR) Is Using Debt Safely

Aug 24

MBM Resources Berhad's (KLSE:MBMR) Upcoming Dividend Will Be Larger Than Last Year's

Feb 22

Forecast: Analysts Think MBM Resources Berhad's (KLSE:MBMR) Business Prospects Have Improved Drastically

Feb 21

MBM Resources Berhad's (KLSE:MBMR) Dividend Is Being Reduced To RM0.06

Jun 02

MBM Resources Berhad's (KLSE:MBMR) Shareholders Will Receive A Smaller Dividend Than Last Year

May 01

MBM Resources Berhad (KLSE:MBMR) Has Re-Affirmed Its Dividend Of RM0.05

Aug 27

MBM Resources Berhad (KLSE:MBMR) Is Doing The Right Things To Multiply Its Share Price

May 24

Does MBM Resources Berhad (KLSE:MBMR) Have A Healthy Balance Sheet?

May 05

MBM Resources Berhad (KLSE:MBMR) Shares Could Be 31% Above Their Intrinsic Value Estimate

Apr 10

Should You Buy MBM Resources Berhad (KLSE:MBMR) For Its Dividend?

Mar 24

Three Days Left Until MBM Resources Berhad (KLSE:MBMR) Trades Ex-Dividend

Mar 06

MBM Resources Berhad Just Beat EPS By 8.3%: Here's What Analysts Think Will Happen Next

Feb 27

Shareholder Returns

	MBMR	MY Retail Distributors	MY Market
7D	2.1%	1.2%	-0.2%
1Y	46.3%	28.4%	9.7%

Return vs Industry: MBMR exceeded the MY Retail Distributors industry which returned 28.4% over the past year.

Return vs Market: MBMR exceeded the MY Market which returned 9.7% over the past year.

Price Volatility

Is MBMR's price volatile compared to industry and market?
MBMR volatility
MBMR Average Weekly Movement	2.8%
Retail Distributors Industry Average Movement	5.5%
Market Average Movement	5.0%
10% most volatile stocks in MY Market	10.1%
10% least volatile stocks in MY Market	2.5%

Stable Share Price: MBMR has not had significant price volatility in the past 3 months compared to the MY market.

Volatility Over Time: MBMR's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1994	2,180	Rizal Bin Mohd Zin	www.mbmr.com.my

MBM Resources Berhad, an investment holding company, engages in motor trading, auto parts manufacturing, and property development businesses primarily in Malaysia. It markets and distributes motor vehicles and spare parts; and offers related ancillary services. The company manufactures and sells automotive parts and components, such as steel and alloy wheels, and discs; safety restraint products, including wheels, airbags, seatbelts, and steering wheels; noise, vibration, and harshness products; and heat reduction materials and insulator parts.

MBM Resources Berhad Fundamentals Summary

How do MBM Resources Berhad's earnings and revenue compare to its market cap?
MBMR fundamental statistics
Market cap	RM 2.47b
Earnings (TTM)	RM 347.23m
Revenue (TTM)	RM 2.51b

7.1x

P/E Ratio

1.0x

P/S Ratio

Is MBMR overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MBMR income statement (TTM)
Revenue	RM 2.51b
Cost of Revenue	RM 2.30b
Gross Profit	RM 209.73m
Other Expenses	-RM 137.50m
Earnings	RM 347.23m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.89
Gross Margin	8.37%
Net Profit Margin	13.85%
Debt/Equity Ratio	0.8%

How did MBMR perform over the long term?

See historical performance and comparison

Dividends

7.0%

Current Dividend Yield

30%

Payout Ratio

MBMR Stock Overview

Rewards

Risk Analysis

MBM Resources Berhad Competitors

KLSE:FIAMMA

RM 562.0m

KLSE:YOCB

RM 301.4m

KLSE:FCW

RM 365.0m

KLSE:MARCO

RM 152.9m

Price History & Performance

Recent News & Updates

MBM Resources Berhad Announces Resignation of WONG PEIR CHYUN as Company Secretary

Price target increased by 7.8% to RM5.61

Dividend of RM0.16 announced

Price target increased by 7.6% to RM5.51

Second quarter 2024 earnings released: EPS: RM0.17 (vs RM0.13 in 2Q 2023)

MBM Resources Berhad Declares Special Dividend for the Year Ending 31 December 2024, Payable on September 26, 2024

Recent updates

MBM Resources Berhad Announces Resignation of WONG PEIR CHYUN as Company Secretary

Price target increased by 7.8% to RM5.61

Dividend of RM0.16 announced

Price target increased by 7.6% to RM5.51

Second quarter 2024 earnings released: EPS: RM0.17 (vs RM0.13 in 2Q 2023)

MBM Resources Berhad Declares Special Dividend for the Year Ending 31 December 2024, Payable on September 26, 2024

Price target increased by 10% to RM5.07

MBM Resources Berhad's (KLSE:MBMR) Shareholders Will Receive A Bigger Dividend Than Last Year

Upcoming dividend of RM0.15 per share

MBM Resources Berhad Approves Single Tier Final Dividend for the Financial Year Ended 31 December 2023

Price target increased by 7.7% to RM4.73

MBM Resources Berhad's (KLSE:MBMR) Upcoming Dividend Will Be Larger Than Last Year's

MBM Resources Berhad, Annual General Meeting, May 30, 2024

Dividend increased to RM0.15

MBM Resources Berhad Proposes Final Dividend for the Financial Year Ended 31 December 2023

Earnings Beat: MBM Resources Berhad Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

Full year 2023 earnings released: EPS: RM0.86 (vs RM0.68 in FY 2022)

MBM Resources Berhad Announces Redesignation of Mr. Low Hin Choong from Executive Director to Non Independent and Non Executive Director

Upcoming dividend of RM0.13 per share at 12% yield

Third quarter 2023 earnings released: EPS: RM0.27 (vs RM0.15 in 3Q 2022)

Resources Berhad Announces Second Interim Dividend in Respect of the Financial Year Ending 31 December 2023, Payable on 22 December 2023

Upcoming dividend of RM0.26 per share at 13% yield

MBM Resources Berhad Announces the Establishment of Executive Committee

MBM Resources Berhad Announces Redesignation of Dato Zulfikri Bin Osman as Executive Director

These 4 Measures Indicate That MBM Resources Berhad (KLSE:MBMR) Is Using Debt Safely

MBM Resources Berhad Announces Special Dividend on Ordinary Share Tax Exempted Under the Single-Tier System in Respect of the Financial Year Ending 31 December 2023, Payable on September 22, 2023

Second quarter 2023 earnings released: EPS: RM0.13 (vs RM0.17 in 2Q 2022)

MBM Resources Berhad Announces Redesignation of Low Hin Choong from Non Executive Director to Executive Director

Upcoming dividend of RM0.06 per share at 11% yield

Mbm Resources Berhad Announces Redesignation of Nik Fazila Binti Nik Mohamed Shihabuddin from Independent and Non Executive Member of Audit Committee to Chairman of Audit Committee

MBM Resources Berhad Approves Single Tier Final Dividend for the Financial Year Ended 31 December 2022

Price target decreased by 8.0% to RM4.37

Full year 2022 earnings: EPS and revenues exceed analyst expectations

Upcoming dividend of RM0.21 per share at 9.5% yield

MBM Resources Berhad's (KLSE:MBMR) Upcoming Dividend Will Be Larger Than Last Year's

Price target increased by 8.6% to RM4.58

Forecast: Analysts Think MBM Resources Berhad's (KLSE:MBMR) Business Prospects Have Improved Drastically

Full year 2022 earnings: EPS and revenues exceed analyst expectations

MBM Resources Berhad Announces Redesignation of Encik Aqil Bin Ahmad Azizuddin from Non Independent and Non Executive Director to Non Independent and Non Executive Chairman

MBM Resources Berhad Appoints Dato Zulfikri Bin Osman as Non Independent and Non-Executive Director

Third quarter 2022 earnings released

Insufficient new directors

Upcoming dividend of RM0.16 per share

Mbm Resources Berhad Declares First Interim Single Tier Dividend for the Current Financial Year Ending 31 December 2022, Payable on September 30, 2022

Second quarter 2022 earnings released: EPS: RM0.17 (vs RM0.043 in 2Q 2021)

MBM Resources Berhad Appoints Ng Seng Kong as Non Independent and Non Executive Member of Audit Committee

Now 20% undervalued after recent price drop

Upcoming dividend of RM0.06 per share

MBM Resources Berhad's (KLSE:MBMR) Dividend Is Being Reduced To RM0.06

Mbm Resources Berhad Announces Retirement of Encik Muhammad Lukman Bin Musa @ Hussain as Non Independent and Non Executive Director

Insufficient new directors

Price target increased to RM4.29

MBM Resources Berhad, Annual General Meeting, Jun 01, 2022

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

MBM Resources Berhad's (KLSE:MBMR) Shareholders Will Receive A Smaller Dividend Than Last Year

MBM Resources Berhad Proposes Single Tier Final Dividend for the Financial Year Ended 31 December 2021

Upcoming dividend of RM0.15 per share

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Mbm Resources Berhad Declares Special Dividend for Financial Year Ended 31 December 2021, Payable on March 20, 2022