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Market Cap

RM619.8m

Last Updated

2021/09/19 11:01 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Exceptional growth potential with flawless balance sheet.


Similar Companies

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.


Market Performance


7 Day Return

8.2%

ELSOFT

3.3%

MY Semiconductor

-1.0%

MY Market


1 Year Return

44.9%

ELSOFT

105.1%

MY Semiconductor

5.9%

MY Market

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.


Shareholder returns

ELSOFTIndustryMarket
7 Day8.2%3.3%-1.0%
30 Day8.9%4.4%2.6%
90 Day26.0%20.7%0.03%
1 Year46.8%44.9%106.6%105.1%10.0%5.9%
3 Year-31.2%-36.7%186.3%173.1%1.1%-8.5%
5 Year116.8%83.0%518.2%455.2%11.7%-7.1%

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

Valuation

Is Elsoft Research Berhad undervalued compared to its fair value and its price relative to the market?

348.48x

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).


Future Growth

How is Elsoft Research Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

68.6%

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%)


Past Performance

How has Elsoft Research Berhad performed over the past 5 years?

-28.7%

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.


Financial Health

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.


Balance Sheet


Dividend

What is Elsoft Research Berhad current dividend yield, its reliability and sustainability?

1.09%

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).


Next Steps

Management

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

12.9yrs

Average management tenure


CEO

Cheik Eaik Tan (56 yo)

16.33yrs

Tenure

RM282,498

Compensation

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.


Leadership Team

Experienced Management: ELSOFT's management team is seasoned and experienced (12.9 years average tenure).


Board Members

Experienced Board: ELSOFT's board of directors are seasoned and experienced ( 16.3 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

Elsoft Research Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • 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


Location

  • Elsoft Research Berhad
  • Lintang Bayan Lepas 9
  • Plot 85B
  • Bayan Lepas
  • Pulau Pinang
  • 11900
  • Malaysia

Listings


Biography

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 11:01
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.