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MBMR

MBM Resources Berhad KLSE:MBMR Stock Report

Last Price

RM3.18

Market Cap

RM1.2b

7D

-0.6%

1Y

-1.9%

Updated

19 May, 2022

Data

Company Financials +
MBMR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth2/6
Past Performance3/6
Financial Health6/6
Dividends4/6

MBMR Stock Overview

MBM Resources Berhad, an investment holding company, engages in motor trading, auto parts manufacturing, and property development businesses primarily in Malaysia.

MBM Resources Berhad Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for MBM Resources Berhad
Historical stock prices
Current Share PriceRM3.18
52 Week HighRM3.40
52 Week LowRM3.01
Beta0.54
1 Month Change-3.64%
3 Month Change2.25%
1 Year Change-1.85%
3 Year Change13.57%
5 Year Change30.86%
Change since IPO48.49%

Recent News & Updates

May 01
MBM Resources Berhad's (KLSE:MBMR) Shareholders Will Receive A Smaller Dividend Than Last Year

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

MBM Resources Berhad ( KLSE:MBMR ) is reducing its dividend to RM0.06 on the 30th of June. The yield is still above the...

Shareholder Returns

MBMRMY Retail DistributorsMY Market
7D-0.6%0.04%0.08%
1Y-1.9%-3.0%-2.8%

Return vs Industry: MBMR exceeded the MY Retail Distributors industry which returned -3% over the past year.

Return vs Market: MBMR matched the MY Market which returned -2.8% over the past year.

Price Volatility

Is MBMR's price volatile compared to industry and market?
MBMR volatility
MBMR Average Weekly Movement3.5%
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: MBMR is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MBMR's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994n/aMuhammad Fateh Bin Abdullahhttps://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, as well as offers related ancillary services. The company also 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, as well as provides tire assembly services.

MBM Resources Berhad Fundamentals Summary

How do MBM Resources Berhad's earnings and revenue compare to its market cap?
MBMR fundamental statistics
Market CapRM1.24b
Earnings (TTM)RM171.38m
Revenue (TTM)RM1.53b

7.3x

P/E Ratio

0.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MBMR income statement (TTM)
RevenueRM1.53b
Cost of RevenueRM1.39b
Gross ProfitRM136.39m
Other Expenses-RM34.99m
EarningsRM171.38m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.44
Gross Margin8.92%
Net Profit Margin11.21%
Debt/Equity Ratio1.1%

How did MBMR perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

36%

Payout Ratio

Does MBMR pay a reliable dividends?

See MBMR dividend history and benchmarks
When do you need to buy MBMR by to receive an upcoming dividend?
MBM Resources Berhad dividend dates
Ex Dividend DateJun 15 2022
Dividend Pay DateJun 30 2022
Days until Ex dividend26 days
Days until Dividend pay date41 days

Does MBMR pay a reliable dividends?

See MBMR dividend history and benchmarks

Valuation

Is MBM Resources 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


18.8%

Undervalued compared to fair value

Share Price vs. Fair Value

Below Fair Value: MBMR (MYR3.18) is trading below our estimate of fair value (MYR3.92)

Significantly Below Fair Value: MBMR is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: MBMR is good value based on its PE Ratio (7.3x) compared to the MY Retail Distributors industry average (9.6x).

PE vs Market: MBMR is good value based on its PE Ratio (7.3x) compared to the MY market (15.4x).


Price to Earnings Growth Ratio

PEG Ratio: MBMR is good value based on its PEG Ratio (0.8x)


Price to Book Ratio

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


Future Growth

How is MBM Resources Berhad forecast to perform in the next 1 to 3 years based on estimates from 8 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


9.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: MBMR's forecast earnings growth (9.5% per year) is above the savings rate (3.6%).

Earnings vs Market: MBMR's earnings (9.5% per year) are forecast to grow slower than the MY market (10.9% per year).

High Growth Earnings: MBMR's earnings are forecast to grow, but not significantly.

Revenue vs Market: MBMR's revenue (9.4% per year) is forecast to grow faster than the MY market (6.7% per year).

High Growth Revenue: MBMR's revenue (9.4% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: MBMR's Return on Equity is forecast to be low in 3 years time (10.2%).


Past Performance

How has MBM Resources Berhad performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


30.4%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MBMR has high quality earnings.

Growing Profit Margin: MBMR's current net profit margins (11.2%) are higher than last year (9.3%).


Past Earnings Growth Analysis

Earnings Trend: MBMR's earnings have grown significantly by 30.4% per year over the past 5 years.

Accelerating Growth: MBMR's earnings growth over the past year (2.7%) is below its 5-year average (30.4% per year).

Earnings vs Industry: MBMR earnings growth over the past year (2.7%) underperformed the Retail Distributors industry 13%.


Return on Equity

High ROE: MBMR's Return on Equity (8.9%) is considered low.


Financial Health

How is MBM Resources 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: MBMR's short term assets (MYR551.2M) exceed its short term liabilities (MYR164.4M).

Long Term Liabilities: MBMR's short term assets (MYR551.2M) exceed its long term liabilities (MYR8.4M).


Debt to Equity History and Analysis

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

Reducing Debt: MBMR's debt to equity ratio has reduced from 19.7% to 1.1% over the past 5 years.

Debt Coverage: MBMR's debt is well covered by operating cash flow (40%).

Interest Coverage: MBMR earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is MBM Resources Berhad current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


5.03%

Current Dividend Yield

Upcoming Dividend Payment

TodayMay 19 2022Ex Dividend DateJun 15 2022Dividend Pay DateJun 30 202215 days from Ex DividendBuy in the next 26 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: MBMR's dividend (5.03%) is higher than the bottom 25% of dividend payers in the MY market (1.85%).

High Dividend: MBMR's dividend (5.03%) is in the top 25% of dividend payers in the MY market (4.61%)


Stability and Growth of Payments

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

Growing Dividend: MBMR's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (36.5%), MBMR's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its high cash payout ratio (16903.2%), MBMR's dividend payments are not well covered by cash flows.


Discover strong dividend paying companies

Management

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

5.8yrs

Average management tenure


CEO

Muhammad Fateh Bin Abdullah (51 yo)

1.25yrs

Tenure

Mr. Muhammad Fateh Teh Bin Abdullah serves as President and Chief Executive Officer at MBM Resources Berhad since February 08, 2021. He served as Head of Automotive Distribution at DRB-HICOM Bhd. since 201...


Leadership Team

Experienced Management: MBMR's management team is seasoned and experienced (5.8 years average tenure).


Board Members

Experienced Board: MBMR's board of directors are considered experienced (3.8 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

MBM Resources Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: MBM Resources Berhad
  • Ticker: MBMR
  • Exchange: KLSE
  • Founded: 1994
  • Industry: Distributors
  • Sector: Retail
  • Implied Market Cap: RM1.243b
  • Shares outstanding: 390.89m
  • Website: https://www.mbmr.com.my

Location

  • MBM Resources Berhad
  • No. 23-01, Menara MBMR
  • Level 23
  • Kuala Lumpur
  • Wilayah Persekutuan
  • 58000
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/05/19 00:00
End of Day Share Price2022/05/19 00:00
Earnings2021/12/31
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.