MYEG Stock Overview
My E.G. Services Berhad, an investment holding company, develops and implements electronic government services project, and provides other related services in Malaysia and internationally.
Price History & Performance
|Historical stock prices|
|Current Share Price||RM0.96|
|52 Week High||RM1.15|
|52 Week Low||RM0.78|
|1 Month Change||-7.21%|
|3 Month Change||-7.21%|
|1 Year Change||-1.03%|
|3 Year Change||93.00%|
|5 Year Change||21.38%|
|Change since IPO||3,199.37%|
Recent News & Updates
These 4 Measures Indicate That My E.G. Services Berhad (KLSE:MYEG) Is Using Debt Reasonably Well
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Capital Allocation Trends At My E.G. Services Berhad (KLSE:MYEG) Aren't Ideal
Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
At RM1.06, Is It Time To Put My E.G. Services Berhad (KLSE:MYEG) On Your Watch List?
My E.G. Services Berhad ( KLSE:MYEG ), might not be a large cap stock, but it led the KLSE gainers with a relatively...
|MYEG||MY IT||MY Market|
Return vs Industry: MYEG underperformed the MY IT industry which returned 5.7% over the past year.
Return vs Market: MYEG exceeded the MY Market which returned -4.5% over the past year.
|MYEG Average Weekly Movement||4.4%|
|IT Industry Average Movement||6.7%|
|Market Average Movement||5.4%|
|10% most volatile stocks in MY Market||12.6%|
|10% least volatile stocks in MY Market||2.7%|
Stable Share Price: MYEG is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: MYEG's weekly volatility (4%) has been stable over the past year.
About the Company
My E.G. Services Berhad, an investment holding company, develops and implements electronic government services project, and provides other related services in Malaysia and internationally. The company also offers software solutions and maintenance services; auto insurance intermediary and other related ancillary services; management and consultancy services; advertisement services; electronic commerce services; and foreign worker recruitment and placement services. It operates and manages automotive classified web portal and other value added services for the automotive classified web portal; undertakes finance leasing and other credit granting activities; and provides and operates an electronic payment and remittance platform for the issuance, transfer, clearance, and settlement of electronic money, and various other related ancillary products and services.
My E.G. Services Berhad Fundamentals Summary
|MYEG fundamental statistics|
Is MYEG overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|MYEG income statement (TTM)|
|Cost of Revenue||RM219.90m|
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
|Earnings per share (EPS)||0.042|
|Net Profit Margin||48.79%|
How did MYEG perform over the long term?See historical performance and comparison
1.0%Current Dividend Yield
Is My E.G. Services Berhad undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: MYEG (MYR0.97) is trading below our estimate of fair value (MYR1.51)
Significantly Below Fair Value: MYEG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: MYEG is good value based on its PE Ratio (22.9x) compared to the MY IT industry average (30.1x).
PE vs Market: MYEG is poor value based on its PE Ratio (22.9x) compared to the MY market (15.4x).
Price to Earnings Growth Ratio
PEG Ratio: MYEG is poor value based on its PEG Ratio (1.8x)
Price to Book Ratio
PB vs Industry: MYEG is overvalued based on its PB Ratio (5.5x) compared to the MY IT industry average (1.9x).
How is My E.G. Services Berhad forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: MYEG's forecast earnings growth (12.8% per year) is above the savings rate (3.6%).
Earnings vs Market: MYEG's earnings (12.8% per year) are forecast to grow faster than the MY market (12.3% per year).
High Growth Earnings: MYEG's earnings are forecast to grow, but not significantly.
Revenue vs Market: MYEG's revenue (13.8% per year) is forecast to grow faster than the MY market (7% per year).
High Growth Revenue: MYEG's revenue (13.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: MYEG's Return on Equity is forecast to be high in 3 years time (23.2%)
How has My E.G. Services Berhad performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: MYEG has a high level of non-cash earnings.
Growing Profit Margin: MYEG's current net profit margins (48.8%) are lower than last year (50.7%).
Past Earnings Growth Analysis
Earnings Trend: MYEG's earnings have grown by 11.5% per year over the past 5 years.
Accelerating Growth: MYEG's earnings growth over the past year (18.8%) exceeds its 5-year average (11.5% per year).
Earnings vs Industry: MYEG earnings growth over the past year (18.8%) underperformed the IT industry 43.2%.
Return on Equity
High ROE: MYEG's Return on Equity (24.2%) is considered high.
How is My E.G. Services Berhad's financial position?
Financial Position Analysis
Short Term Liabilities: MYEG's short term assets (MYR663.7M) exceed its short term liabilities (MYR214.4M).
Long Term Liabilities: MYEG's short term assets (MYR663.7M) exceed its long term liabilities (MYR106.4M).
Debt to Equity History and Analysis
Debt Level: MYEG has more cash than its total debt.
Reducing Debt: MYEG's debt to equity ratio has reduced from 22.1% to 11.4% over the past 5 years.
Debt Coverage: MYEG's debt is well covered by operating cash flow (187.7%).
Interest Coverage: MYEG's interest payments on its debt are well covered by EBIT (67.8x coverage).
What is My E.G. Services Berhad current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: MYEG's dividend (1.02%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.69%).
High Dividend: MYEG's dividend (1.02%) is low compared to the top 25% of dividend payers in the MY market (4.52%).
Stability and Growth of Payments
Stable Dividend: MYEG's dividends per share have been stable in the past 10 years.
Growing Dividend: MYEG's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (25.3%), MYEG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: MYEG's dividends in 3 years are forecast to be well covered by earnings (30.5% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Thean Wong (50 yo)
Mr. Thean Soon Wong co-founded My E.G. Services Berhad in 2000 and has been its Group Managing Director since March 6, 2000. Mr. Soon is responsible for formulating and implementing business policies and c...
Experienced Management: MYEG's management team is seasoned and experienced (9.9 years average tenure).
Experienced Board: MYEG's board of directors are considered experienced (3.5 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 been diluted in the past year, with total shares outstanding growing by 2.4%.
My E.G. Services Berhad's employee growth, exchange listings and data sources
- Name: My E.G. Services Berhad
- Ticker: MYEG
- Exchange: KLSE
- Founded: 2000
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Implied Market Cap: RM6.990b
- Shares outstanding: 7.40b
- Website: https://www.myeg.com.my
Number of Employees
- My E.G. Services Berhad
- MYEG Tower
- Level 43A
- Petaling Jaya
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/01/20 11:02|
|End of Day Share Price||2022/01/20 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.