VIS

Visdynamics Holdings BerhadKLSE:VIS Stock Report

Market Cap

RM171.8m

7D

-0.5%

1Y

91.3%

Updated

20 Sep, 2021

Data

Company Financials
VIS fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends2/6

VIS Overview

Visdynamics Holdings Berhad, an investment holding company, engages in the research, development, design, assembly, and final set-up/tuning of test/backend equipment in the automated test equipment industry for semiconductors.

Visdynamics Holdings Berhad Competitors

ViTrox Corporation Berhad

KLSE:VITROX

RM9.0b

Elsoft Research Berhad

KLSE:ELSOFT

RM586.1m

QES Group Berhad

KLSE:QES

RM625.6m

MMS Ventures Berhad

KLSE:MMSV

RM212.2m

Price History & Performance

Summary of all time highs, changes and price drops for Visdynamics Holdings Berhad
Historical stock prices
Current Share PriceRM0.98
52 Week HighRM0.41
52 Week LowRM1.74
Beta2.03
1 Month Change-6.19%
3 Month Change-27.57%
1 Year Change91.26%
3 Year Change39.72%
5 Year Change556.68%
Change since IPO150.43%

Recent News & Updates

Aug 02
Visdynamics Holdings Berhad (KLSE:VIS) Might Have The Makings Of A Multi-Bagger

Visdynamics Holdings Berhad (KLSE:VIS) Might Have The Makings Of A Multi-Bagger

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...

Apr 06
Statutory Profit Doesn't Reflect How Good Visdynamics Holdings Berhad's (KLSE:VIS) Earnings Are

Statutory Profit Doesn't Reflect How Good Visdynamics Holdings Berhad's (KLSE:VIS) Earnings Are

Even though Visdynamics Holdings Berhad's ( KLSE:VIS ) recent earnings release was robust, the market didn't seem to...

Shareholder Returns

VISMY SemiconductorMY Market
7D-0.5%3.3%-1.0%
1Y91.3%105.1%5.9%

Return vs Industry: VIS underperformed the MY Semiconductor industry which returned 105.1% over the past year.

Return vs Market: VIS exceeded the MY Market which returned 5.9% over the past year.

Price Volatility

Is VIS's price volatile compared to industry and market?
VIS volatility
VIS Beta2.03
Industry Beta1.13
Market Beta1

Stable Share Price: VIS is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: VIS's weekly volatility (10%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
2003n/aNgee Hoe Choyhttps://www.vis-dynamics.com

Visdynamics Holdings Berhad, an investment holding company, engages in the research, development, design, assembly, and final set-up/tuning of test/backend equipment in the automated test equipment industry for semiconductors. Its products include reel inspection and tray-tape systems; rotary gravity-feed electrical test, vision inspection, and taping system; gravity-feed electrical test, vision inspection, and taping system; G6-PLCC scanning system; vision inspection system; kits; universal gang picks; and tray based products. The company operates in Malaysia, South East Asia, North Asia, and the United States.

Visdynamics Holdings Berhad Fundamentals Summary

How do Visdynamics Holdings Berhad's earnings and revenue compare to its market cap?
VIS fundamental statistics
Market CapRM171.78m
Earnings (TTM)RM6.68m
Revenue (TTM)RM38.91m

25.7x

P/E Ratio

4.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VIS income statement (TTM)
RevenueRM38.91m
Cost of RevenueRM14.93m
Gross ProfitRM23.97m
ExpensesRM17.30m
EarningsRM6.68m

Last Reported Earnings

Apr 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.039
Gross Margin61.62%
Net Profit Margin17.16%
Debt/Equity Ratio5.6%

How did VIS perform over the long term?

See historical performance and comparison

Dividends

1.0%

Current Dividend Yield

26%

Payout Ratio

Valuation

Is Visdynamics Holdings Berhad undervalued compared to its fair value and its price relative to the market?

25.72x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: VIS (MYR0.99) is trading above our estimate of fair value (MYR0.44)

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


Price To Earnings Ratio

PE vs Industry: VIS is good value based on its PE Ratio (25.7x) compared to the MY Semiconductor industry average (64.4x).

PE vs Market: VIS is poor value based on its PE Ratio (25.7x) compared to the MY market (16.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: VIS is good value based on its PB Ratio (3.3x) compared to the MY Semiconductor industry average (5.1x).


Future Growth

How is Visdynamics Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

21.1%

Forecasted Semiconductors 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 Visdynamics Holdings 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 Visdynamics Holdings Berhad performed over the past 5 years?

4.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: VIS has high quality earnings.

Growing Profit Margin: VIS's current net profit margins (17.2%) are higher than last year (12.8%).


Past Earnings Growth Analysis

Earnings Trend: VIS has become profitable over the past 5 years, growing earnings by 4.9% per year.

Accelerating Growth: VIS's earnings growth over the past year (58.6%) exceeds its 5-year average (4.9% per year).

Earnings vs Industry: VIS earnings growth over the past year (58.6%) underperformed the Semiconductor industry 68.1%.


Return on Equity

High ROE: VIS's Return on Equity (12.9%) is considered low.


Financial Health

How is Visdynamics Holdings Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: VIS's short term assets (MYR48.2M) exceed its short term liabilities (MYR11.9M).

Long Term Liabilities: VIS's short term assets (MYR48.2M) exceed its long term liabilities (MYR32.0K).


Debt to Equity History and Analysis

Debt Level: VIS's debt to equity ratio (5.6%) is considered satisfactory.

Reducing Debt: VIS's debt to equity ratio has reduced from 14% to 5.6% over the past 5 years.

Debt Coverage: VIS's debt is well covered by operating cash flow (343.8%).

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


Balance Sheet


Dividend

What is Visdynamics Holdings Berhad current dividend yield, its reliability and sustainability?

1.02%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: VIS's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.54%).

High Dividend: VIS's dividend (1.02%) is low compared to the top 25% of dividend payers in the MY market (4.16%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (25.6%), VIS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

13.8yrs

Average board tenure


CEO

Ngee Hoe Choy (57 yo)

no data

Tenure

RM1,088,000

Compensation

Mr. Ngee Hoe Choy serves as the Chief Executive Officer of Visdynamics Holdings Berhad. Mr. Choy is one of the Founder members of Visdynamics Research Sdn Bhd (VRSB). He is the leader of the team of talent...


CEO Compensation Analysis

Compensation vs Market: Ngee Hoe's total compensation ($USD260.82K) is above average for companies of similar size in the MY market ($USD123.70K).

Compensation vs Earnings: Ngee Hoe's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: VIS's board of directors are seasoned and experienced ( 13.8 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 been diluted in the past year, with total shares outstanding growing by 2%.


Top Shareholders

Company Information

Visdynamics Holdings Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Visdynamics Holdings Berhad
  • Ticker: VIS
  • Exchange: KLSE
  • Founded: 2003
  • Industry: Semiconductor Equipment
  • Sector: Semiconductors
  • Market Cap: RM171.781m
  • Shares outstanding: 174.40m
  • Website: https://www.vis-dynamics.com

Location

  • Visdynamics Holdings Berhad
  • Lot 3844
  • Jalan TU 52
  • Ayer Keroh
  • Melaka
  • 75450
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 15:30
End of Day Share Price2021/09/20 00:00
Earnings2021/04/30
Annual Earnings2020/10/31


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.