Elsoft Research Berhad, together with its subsidiaries, engages in the research, design, development, and manufacture of automated test equipment, burn-in systems and application specific embedded control systems for semiconductor and optoelectronic industries. More Details
Exceptional growth potential with flawless balance sheet.
Share Price & News
How has Elsoft Research Berhad's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ELSOFT is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 6% a week.
Volatility Over Time: ELSOFT's weekly volatility (6%) has been stable over the past year.
7 Day Return
1 Year Return
Return vs Industry: ELSOFT underperformed the MY Semiconductor industry which returned 105.1% over the past year.
Return vs Market: ELSOFT exceeded the MY Market which returned 5.9% over the past year.
Long-Term Price Volatility Vs. Market
How volatile is Elsoft Research Berhad's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 month ago | Simply Wall StWhat Is The Ownership Structure Like For Elsoft Research Berhad (KLSE:ELSOFT)?
7 months ago | Simply Wall StElsoft Research Berhad (KLSE:ELSOFT) Has Gifted Shareholders With A Fantastic 107% Total Return On Their Investment
7 months ago | Simply Wall StIs Elsoft Research Berhad (KLSE:ELSOFT) Likely To Turn Things Around?
Is Elsoft Research Berhad undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ELSOFT (MYR0.92) is trading above our estimate of fair value (MYR0.1)
Significantly Below Fair Value: ELSOFT is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ELSOFT is poor value based on its PE Ratio (348.5x) compared to the MY Semiconductor industry average (64.4x).
PE vs Market: ELSOFT is poor value based on its PE Ratio (348.5x) compared to the MY market (16.4x).
Price to Earnings Growth Ratio
PEG Ratio: ELSOFT is poor value based on its PEG Ratio (5.1x)
Price to Book Ratio
PB vs Industry: ELSOFT is overvalued based on its PB Ratio (6.1x) compared to the MY Semiconductor industry average (5.1x).
How is Elsoft Research Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ELSOFT's forecast earnings growth (68.6% per year) is above the savings rate (3.6%).
Earnings vs Market: ELSOFT's earnings (68.6% per year) are forecast to grow faster than the MY market (10.2% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: ELSOFT's revenue (43.8% per year) is forecast to grow faster than the MY market (6.4% per year).
High Growth Revenue: ELSOFT's revenue (43.8% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ELSOFT's Return on Equity is forecast to be high in 3 years time (20.4%)
How has Elsoft Research Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ELSOFT has a large one-off loss of MYR904.6K impacting its June 30 2021 financial results.
Growing Profit Margin: ELSOFT's current net profit margins (9.4%) are lower than last year (36.2%).
Past Earnings Growth Analysis
Earnings Trend: ELSOFT's earnings have declined by 28.7% per year over the past 5 years.
Accelerating Growth: ELSOFT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: ELSOFT had negative earnings growth (-74.9%) over the past year, making it difficult to compare to the Semiconductor industry average (68.1%).
Return on Equity
High ROE: ELSOFT's Return on Equity (1.8%) is considered low.
How is Elsoft Research Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: ELSOFT's short term assets (MYR75.8M) exceed its short term liabilities (MYR6.1M).
Long Term Liabilities: ELSOFT's short term assets (MYR75.8M) exceed its long term liabilities (MYR898.0K).
Debt to Equity History and Analysis
Debt Level: ELSOFT is debt free.
Reducing Debt: ELSOFT has not had any debt for past 5 years.
Debt Coverage: ELSOFT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ELSOFT has no debt, therefore coverage of interest payments is not a concern.
What is Elsoft Research Berhad current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ELSOFT's dividend (1.09%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.54%).
High Dividend: ELSOFT's dividend (1.09%) is low compared to the top 25% of dividend payers in the MY market (4.16%).
Stability and Growth of Payments
Stable Dividend: ELSOFT's dividend payments have been volatile in the past 10 years.
Growing Dividend: ELSOFT's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (377.6%), ELSOFT's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ELSOFT's dividends in 3 years are forecast to be well covered by earnings (50% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Cheik Eaik Tan (56 yo)
Mr. Cheik Eaik Tan has been the Chief Executive Officer of Elsoft Research Bhd since May 2005. Mr. Tan specialises in the areas of test metrology and embedded application system design. He joined Hewlett P...
CEO Compensation Analysis
Compensation vs Market: Cheik Eaik's total compensation ($USD67.72K) is below average for companies of similar size in the MY market ($USD123.70K).
Compensation vs Earnings: Cheik Eaik's compensation has been consistent with company performance over the past year.
Experienced Management: ELSOFT's management team is seasoned and experienced (12.9 years average tenure).
Experienced Board: ELSOFT's board of directors are seasoned and experienced ( 16.3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Elsoft Research Berhad's company bio, employee growth, exchange listings and data sources
- Name: Elsoft Research Berhad
- Ticker: ELSOFT
- Exchange: KLSE
- Founded: 1996
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: RM619.784m
- Shares outstanding: 673.68m
- Website: https://www.elsoftresearch.com
Number of Employees
- Elsoft Research Berhad
- Lintang Bayan Lepas 9
- Plot 85B
- Bayan Lepas
- Pulau Pinang
Elsoft Research Berhad, together with its subsidiaries, engages in the research, design, development, and manufacture of automated test equipment, burn-in systems and application specific embedded control...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/19 11:01|
|End of Day Share Price||2021/09/17 00:00|
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.