Greatech Technology Berhad, an investment holding company, manufactures and sells automated equipment primarily in Malaysia.
Price History & Performance
|Historical stock prices|
|Current Share Price||RM7.50|
|52 Week High||RM3.00|
|52 Week Low||RM7.60|
|1 Month Change||8.54%|
|3 Month Change||36.36%|
|1 Year Change||138.10%|
|3 Year Change||n/a|
|5 Year Change||n/a|
|Change since IPO||1,927.03%|
Recent News & Updates
|GREATEC||MY Semiconductor||MY Market|
Return vs Industry: GREATEC exceeded the MY Semiconductor industry which returned 112% over the past year.
Return vs Market: GREATEC exceeded the MY Market which returned 6.2% over the past year.
Stable Share Price: GREATEC is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GREATEC's weekly volatility (4%) has been stable over the past year.
About the Company
Greatech Technology Berhad, an investment holding company, manufactures and sells automated equipment primarily in Malaysia. The company offers production line systems and single automated equipment. It provides automated equipment for photovoltaics and thin-film module technology in solar industry; mobile devices for engineering, manufacturing, and integration of automated and custom process solutions; semiconductors; and glass substrates.
Greatech Technology Berhad Fundamentals Summary
|GREATEC fundamental statistics|
Is GREATEC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GREATEC income statement (TTM)|
|Cost of Revenue||RM214.27m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.11|
|Net Profit Margin||35.65%|
How did GREATEC perform over the long term?See historical performance and comparison
Is Greatech Technology 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: GREATEC (MYR7.5) is trading above our estimate of fair value (MYR3.08)
Significantly Below Fair Value: GREATEC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: GREATEC is poor value based on its PE Ratio (68.7x) compared to the MY Semiconductor industry average (66.7x).
PE vs Market: GREATEC is poor value based on its PE Ratio (68.7x) compared to the MY market (16.3x).
Price to Earnings Growth Ratio
PEG Ratio: GREATEC is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: GREATEC is overvalued based on its PB Ratio (25.1x) compared to the MY Semiconductor industry average (5x).
How is Greatech Technology Berhad forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: GREATEC's forecast earnings growth (25.2% per year) is above the savings rate (3.6%).
Earnings vs Market: GREATEC's earnings (25.2% per year) are forecast to grow faster than the MY market (10.8% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: GREATEC's revenue (25.1% per year) is forecast to grow faster than the MY market (6.6% per year).
High Growth Revenue: GREATEC's revenue (25.1% per year) is forecast to grow faster than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: GREATEC's Return on Equity is forecast to be high in 3 years time (36.5%)
How has Greatech Technology Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GREATEC has high quality earnings.
Growing Profit Margin: GREATEC's current net profit margins (35.6%) are higher than last year (30.2%).
Past Earnings Growth Analysis
Earnings Trend: GREATEC's earnings have grown significantly by 39.6% per year over the past 5 years.
Accelerating Growth: GREATEC's earnings growth over the past year (110.2%) exceeds its 5-year average (39.6% per year).
Earnings vs Industry: GREATEC earnings growth over the past year (110.2%) exceeded the Semiconductor industry 83.3%.
Return on Equity
High ROE: GREATEC's Return on Equity (36.6%) is considered high.
How is Greatech Technology Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: GREATEC's short term assets (MYR482.3M) exceed its short term liabilities (MYR189.4M).
Long Term Liabilities: GREATEC's short term assets (MYR482.3M) exceed its long term liabilities (MYR25.6M).
Debt to Equity History and Analysis
Debt Level: GREATEC's debt to equity ratio (4.4%) is considered satisfactory.
Reducing Debt: GREATEC's debt to equity ratio has reduced from 28.7% to 4.4% over the past 5 years.
Debt Coverage: GREATEC's debt is well covered by operating cash flow (1487.1%).
Interest Coverage: GREATEC earns more interest than it pays, so coverage of interest payments is not a concern.
What is Greatech Technology Berhad current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate GREATEC's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate GREATEC's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if GREATEC's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if GREATEC's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of GREATEC's dividend in 3 years as they are not forecast to pay a notable one for the MY market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Eng Tan (50 yo)
Mr. Eng Kee Tan has been the Chief Executive Officer and Executive Director at Greatech Technology Berhad since May 14, 2018. Mr. Tan is one of Greatech's founding shareholders since the incorporation of G...
CEO Compensation Analysis
Compensation vs Market: Eng's total compensation ($USD14.34K) is below average for companies of similar size in the MY market ($USD516.45K).
Compensation vs Earnings: Eng's compensation has increased by more than 20% in the past year.
Experienced Management: GREATEC's management team is considered experienced (3.3 years average tenure).
Experienced Board: GREATEC's board of directors are considered experienced (3.1 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.
Greatech Technology Berhad's employee growth, exchange listings and data sources
- Name: Greatech Technology Berhad
- Ticker: GREATEC
- Exchange: KLSE
- Founded: 1997
- Industry: Semiconductor Equipment
- Sector: Semiconductors
- Market Cap: RM9.390b
- Shares outstanding: 1.25b
- Website: https://greatech-group.com
Number of Employees
- Greatech Technology Berhad
- Plot 287A
- Lengkok Kampung Jawa Satu
- Bayan Lepas
- Pulau Pinang
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/24 15:44|
|End of Day Share Price||2021/09/24 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.