Snowflake Score | |
---|---|
Valuation | 3/6 |
Future Growth | 2/6 |
Past Performance | 2/6 |
Financial Health | 6/6 |
Dividends | 3/6 |
N2N Stock Overview
N2N Connect Berhad, an investment holding company, engages in the research and development of software packages in Malaysia, Hong Kong, and internationally.
N2N Connect Berhad Competitors
Price History & Performance
Historical stock prices | |
---|---|
Current Share Price | RM0.46 |
52 Week High | RM0.82 |
52 Week Low | RM0.46 |
Beta | 0.81 |
1 Month Change | -14.82% |
3 Month Change | -15.60% |
1 Year Change | -42.14% |
3 Year Change | -42.14% |
5 Year Change | -37.84% |
Change since IPO | 119.05% |
Recent News & Updates
Shareholder Returns
N2N | MY Software | MY Market | |
---|---|---|---|
7D | -1.1% | 0.3% | 0.5% |
1Y | -42.1% | -37.3% | -7.1% |
Return vs Industry: N2N underperformed the MY Software industry which returned -34.3% over the past year.
Return vs Market: N2N underperformed the MY Market which returned -7.1% over the past year.
Price Volatility
N2N volatility | |
---|---|
N2N Average Weekly Movement | 3.7% |
Software Industry Average Movement | 7.1% |
Market Average Movement | 5.5% |
10% most volatile stocks in MY Market | 11.2% |
10% least volatile stocks in MY Market | 2.8% |
Stable Share Price: N2N is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: N2N's weekly volatility (4%) has been stable over the past year.
About the Company
Founded | Employees | CEO | Website |
---|---|---|---|
2000 | 200 | Andrew Tiang | https://www.n2nconnect.com |
N2N Connect Berhad, an investment holding company, engages in the research and development of software packages in Malaysia, Hong Kong, and internationally. The company provides design, programming, consultancy, sales, marketing, and related services. It offers infrastructure for hosting, data processing, and related services; professional training for remisiers and related fields; hosting and managed network services; webpage and server design services; information technology systems and solutions; and wealth and asset management solutions, as well as manages investment properties.
N2N Connect Berhad Fundamentals Summary
N2N fundamental statistics | |
---|---|
Market Cap | RM259.56m |
Earnings (TTM) | RM18.16m |
Revenue (TTM) | RM112.08m |
14.1x
P/E Ratio2.3x
P/S RatioIs N2N overvalued?
See Fair Value and valuation analysisEarnings & Revenue
N2N income statement (TTM) | |
---|---|
Revenue | RM112.08m |
Cost of Revenue | RM45.67m |
Gross Profit | RM66.40m |
Other Expenses | RM48.24m |
Earnings | RM18.16m |
Last Reported Earnings
Mar 31, 2022
Next Earnings Date
n/a
Earnings per share (EPS) | 0.033 |
Gross Margin | 59.25% |
Net Profit Margin | 16.20% |
Debt/Equity Ratio | 0% |
How did N2N perform over the long term?
See historical performance and comparisonDividends
4.3%
Current Dividend Yield61%
Payout RatioValuation
Is N2N undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
3/6Valuation Score 3/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
PEG Ratio
Key Valuation Metric
Which metric is best to use when looking at relative valuation for N2N?
Other financial metrics that can be useful for relative valuation.
What is N2N's n/a Ratio? | |
---|---|
n/a Ratio | 0x |
n/a | n/a |
Market Cap | RM259.56m |
Key Statistics | |
---|---|
Enterprise Value/Revenue | 1.1x |
Enterprise Value/EBITDA | 5x |
PEG Ratio | 1.1x |
Price to Earnings Ratio vs Peers
How does N2N's PE Ratio compare to its peers?
N2N PE Ratio vs Peers |
---|
Company | PE | Estimated Growth | Market Cap |
---|---|---|---|
Peer Average | 19.6x | ||
EFORCE Excel Force MSC Berhad | 22x | n/a | RM240.5m |
IFCAMSC IFCA MSC Berhad | 24x | n/a | RM178.9m |
CENSOF Censof Holdings Berhad | 9x | n/a | RM165.7m |
MICROLN Microlink Solutions Berhad | 23.6x | n/a | RM619.6m |
N2N N2N Connect Berhad | 14.1x | 12.7% | RM259.6m |
Price-To-Earnings vs Peers: N2N is good value based on its Price-To-Earnings Ratio (14.1x) compared to the peer average (19.6x).
Price to Earnings Ratio vs Industry
How does N2N's PE Ratio compare vs other companies in the Asian Software Industry?
Price-To-Earnings vs Industry: N2N is good value based on its Price-To-Earnings Ratio (14.1x) compared to the MY Software industry average (14.9x)
Price to Earnings Ratio vs Fair Ratio
What is N2N's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
Fair Ratio | |
---|---|
Current PE Ratio | 14.1x |
Fair PE Ratio | 25.6x |
Price-To-Earnings vs Fair Ratio: N2N is good value based on its Price-To-Earnings Ratio (14.1x) compared to the estimated Fair Price-To-Earnings Ratio (25.6x).
Share Price vs Fair Value
What is the Fair Price of N2N when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: N2N (MYR0.46) is trading above our estimate of fair value (MYR0.29)
Significantly Below Fair Value: N2N is trading above our estimate of fair value.
Price to Earnings Growth Ratio
PEG Ratio: N2N is poor value based on its PEG Ratio (1.1x)
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Future Growth
How is N2N Connect Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score
2/6Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE
12.7%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: N2N's forecast earnings growth (12.7% per year) is above the savings rate (3.6%).
Earnings vs Market: N2N's earnings (12.7% per year) are forecast to grow faster than the MY market (10% per year).
High Growth Earnings: N2N's earnings are forecast to grow, but not significantly.
Revenue vs Market: N2N's revenue (1.5% per year) is forecast to grow slower than the MY market (5.2% per year).
High Growth Revenue: N2N's revenue (1.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: N2N's Return on Equity is forecast to be low in 3 years time (6.9%).
Discover growth companies
Past Performance
How has N2N Connect Berhad performed over the past 5 years?
Past Performance Score
2/6Past Performance Score 2/6
Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE
6.0%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: N2N has high quality earnings.
Growing Profit Margin: N2N's current net profit margins (16.2%) are lower than last year (26.7%).
Past Earnings Growth Analysis
Earnings Trend: N2N's earnings have grown by 6% per year over the past 5 years.
Accelerating Growth: N2N's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: N2N had negative earnings growth (-41.6%) over the past year, making it difficult to compare to the Software industry average (-16.3%).
Return on Equity
High ROE: N2N's Return on Equity (6.2%) is considered low.
Discover strong past performing companies
Financial Health
How is N2N Connect Berhad's financial position?
Financial Health Score
6/6Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage
Financial Position Analysis
Short Term Liabilities: N2N's short term assets (MYR167.2M) exceed its short term liabilities (MYR21.7M).
Long Term Liabilities: N2N's short term assets (MYR167.2M) exceed its long term liabilities (MYR3.5M).
Debt to Equity History and Analysis
Debt Level: N2N is debt free.
Reducing Debt: N2N has no debt compared to 5 years ago when its debt to equity ratio was 46%.
Debt Coverage: N2N has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: N2N has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Dividend
What is N2N Connect Berhad current dividend yield, its reliability and sustainability?
Dividend Score
3/6Dividend Score 3/6
Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage
4.35%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: N2N's dividend (4.35%) is higher than the bottom 25% of dividend payers in the MY market (2.08%).
High Dividend: N2N's dividend (4.35%) is low compared to the top 25% of dividend payers in the MY market (4.91%).
Stability and Growth of Payments
Stable Dividend: N2N has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: N2N has only been paying a dividend for 8 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (61.5%), N2N's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (45.3%), N2N's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
Management
How experienced are the management team and are they aligned to shareholders interests?
3.9yrs
Average management tenure
CEO
Andrew Tiang (59 yo)
no data
Tenure
RM343,397
Compensation
Mr. Boon Hwa Tiang, also known as Andrew, is the Founder of N2N Connect Berhad and serves as its Managing Director. Mr. Tiang's main responsibilities include management of N2N Connect Berhad’s overall busi...
CEO Compensation Analysis
Compensation vs Market: Andrew's total compensation ($USD77.94K) is below average for companies of similar size in the MY market ($USD112.74K).
Compensation vs Earnings: Andrew's compensation has been consistent with company performance over the past year.
Leadership Team
Experienced Management: N2N's management team is considered experienced (3.9 years average tenure).
Board Members
Experienced Board: N2N's board of directors are considered experienced (4.4 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
N2N Connect Berhad's employee growth, exchange listings and data sources
Key Information
- Name: N2N Connect Berhad
- Ticker: N2N
- Exchange: KLSE
- Founded: 2000
- Industry: Application Software
- Sector: Software
- Implied Market Cap: RM259.565m
- Shares outstanding: 558.20m
- Website: https://www.n2nconnect.com
Number of Employees
Location
- N2N Connect Berhad
- Wisma N2N
- Level 9, Tower 2
- Kuala Lumpur
- Wilayah Persekutuan
- 59200
- Malaysia
Listings
Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2022/07/01 00:00 |
End of Day Share Price | 2022/07/01 00:00 |
Earnings | 2022/03/31 |
Annual Earnings | 2021/12/31 |
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.