Tomei Consolidated Berhad (KLSE:TOMEI) - Share price, News & Analysis

TOMEI fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	0/6
Past Performance	2/6
Financial Health	4/6
Dividends	3/6

TOMEI Stock Overview

Tomei Consolidated Berhad, an investment holding company, engages in the design, manufacture, wholesale, and retail of gold ornaments, jewelry, and diamonds in Malaysia.

Rewards

PE ratio (4.3x) is below the MY market (15.2x)

Earnings have grown 36.2% per year over the past 5 years

Risk Analysis

Debt is not well covered by operating cash flow

Unstable dividend track record

Does not have a meaningful market cap (MYR140M)

Tomei Consolidated Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Tomei Consolidated Berhad
Historical stock prices
Current Share Price	RM1.01
52 Week High	RM1.46
52 Week Low	RM0.85
Beta	1.6
1 Month Change	-12.17%
3 Month Change	-1.94%
1 Year Change	-19.20%
3 Year Change	124.44%
5 Year Change	68.33%
Change since IPO	0%

Shareholder Returns

	TOMEI	MY Specialty Retail	MY Market
7D	-1.9%	0.8%	0.08%
1Y	-19.2%	-3.7%	-2.8%

Return vs Industry: TOMEI underperformed the MY Specialty Retail industry which returned -5.3% over the past year.

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

Price Volatility

Is TOMEI's price volatile compared to industry and market?
TOMEI volatility
TOMEI Average Weekly Movement	8.1%
Specialty Retail Industry Average Movement	5.0%
Market Average Movement	6.0%
10% most volatile stocks in MY Market	11.9%
10% least volatile stocks in MY Market	3.1%

Stable Share Price: TOMEI is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: TOMEI's weekly volatility (8%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1968	800	Yih Pyng Ng	https://www.tomei.com.my

Tomei Consolidated Berhad, an investment holding company, engages in the design, manufacture, wholesale, and retail of gold ornaments, jewelry, and diamonds in Malaysia. It operates in two segments, Manufacturing and Wholesales, and Retail. The company offers gold and silver bars, rings, necklaces and pendants, bangles and bracelets, jade, pearls, earrings, and semi-finished jewelry, as well as trades in bullion and rents motor vehicles; and operates as a distributor for Xifu Jewellery, Batar Jewellery, and Prima Gold.

Tomei Consolidated Berhad Fundamentals Summary

How do Tomei Consolidated Berhad's earnings and revenue compare to its market cap?
TOMEI fundamental statistics
Market Cap	RM139.99m
Earnings (TTM)	RM32.77m
Revenue (TTM)	RM736.07m

4.3x

P/E Ratio

0.2x

P/S Ratio

Is TOMEI overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
TOMEI income statement (TTM)
Revenue	RM736.07m
Cost of Revenue	RM597.91m
Gross Profit	RM138.16m
Other Expenses	RM105.39m
Earnings	RM32.77m

Last Reported Earnings

Dec 31, 2021

Next Earnings Date

n/a

Earnings per share (EPS)	0.24
Gross Margin	18.77%
Net Profit Margin	4.45%
Debt/Equity Ratio	67.8%

How did TOMEI perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

13%

Payout Ratio

Does TOMEI pay a reliable dividends?

See TOMEI dividend history and benchmarks

When do you need to buy TOMEI by to receive an upcoming dividend?
Tomei Consolidated Berhad dividend dates
Ex Dividend Date	May 24 2022
Dividend Pay Date	Jun 09 2022
Days until Ex dividend	5 days
Days until Dividend pay date	21 days

Does TOMEI pay a reliable dividends?

See TOMEI dividend history and benchmarks

Valuation

Is Tomei Consolidated Berhad undervalued compared to its fair value and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

4.27x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: TOMEI (MYR1.01) is trading above our estimate of fair value (MYR0.43)

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

Price To Earnings Ratio

PE vs Industry: TOMEI is good value based on its PE Ratio (4.3x) compared to the MY Specialty Retail industry average (24.7x).

PE vs Market: TOMEI is good value based on its PE Ratio (4.3x) compared to the MY market (15.2x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: TOMEI is good value based on its PB Ratio (0.5x) compared to the MY Specialty Retail industry average (1.8x).

Future Growth

How is Tomei Consolidated 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

21.2%

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 Tomei Consolidated 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 Tomei Consolidated Berhad performed over the past 5 years?

Past Performance Score

2/6

Past Performance Score 2/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

36.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: TOMEI has high quality earnings.

Growing Profit Margin: TOMEI's current net profit margins (4.5%) are lower than last year (5.6%).

Past Earnings Growth Analysis

Earnings Trend: TOMEI's earnings have grown significantly by 36.2% per year over the past 5 years.

Accelerating Growth: TOMEI's earnings growth over the past year (5.1%) is below its 5-year average (36.2% per year).

Earnings vs Industry: TOMEI earnings growth over the past year (5.1%) underperformed the Specialty Retail industry 24.2%.

Return on Equity

High ROE: TOMEI's Return on Equity (12.2%) is considered low.

Financial Health

How is Tomei Consolidated Berhad's financial position?

Financial Health Score

4/6

Financial Health Score 4/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: TOMEI's short term assets (MYR482.2M) exceed its short term liabilities (MYR213.5M).

Long Term Liabilities: TOMEI's short term assets (MYR482.2M) exceed its long term liabilities (MYR29.8M).

Debt to Equity History and Analysis

Debt Level: TOMEI's net debt to equity ratio (52.9%) is considered high.

Reducing Debt: TOMEI's debt to equity ratio has reduced from 88.6% to 67.8% over the past 5 years.

Debt Coverage: TOMEI's debt is not well covered by operating cash flow (8.8%).

Interest Coverage: TOMEI's interest payments on its debt are well covered by EBIT (5.5x coverage).

Balance Sheet

Dividend

What is Tomei Consolidated Berhad current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

2.97%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: TOMEI's dividend (2.97%) is higher than the bottom 25% of dividend payers in the MY market (1.85%).

High Dividend: TOMEI's dividend (2.97%) is low compared to the top 25% of dividend payers in the MY market (4.6%).

Stability and Growth of Payments

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

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

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (12.7%), TOMEI's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its reasonably low cash payout ratio (32.5%), TOMEI's dividend payments are well covered by cash flows.

Next Steps

Explore strong dividend paying companies in the Retail industry.

Management

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

16.1yrs

Average board tenure

CEO

Yih Pyng Ng (49 yo)

16.08yrs

Tenure

RM10,800

Compensation

Mr. Yih Pyng Ng is Non-Independent Non-Executive Director at YX PRECIOUS METALS BHD since January 11, 2021. He has been Group Managing Director at Tomei Consolidated Berhad since April 21, 2006 and its sub...

Board Members

Experienced Board: TOMEI's board of directors are seasoned and experienced ( 16.1 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/18 00:00
End of Day Share Price	2022/05/18 00:00
Earnings	2021/12/31
Annual Earnings	2021/12/31