REXIT Stock Overview
Rexit Berhad, an investment holding company, provides information technology solutions and related services for the general insurance and financial services industries in Malaysia, Hong Kong, China, and internationally.
Rexit Berhad Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||RM0.77|
|52 Week High||RM1.01|
|52 Week Low||RM0.73|
|1 Month Change||1.32%|
|3 Month Change||0%|
|1 Year Change||-22.22%|
|3 Year Change||20.31%|
|5 Year Change||-4.94%|
|Change since IPO||133.33%|
Recent News & Updates
|REXIT||MY Software||MY Market|
Return vs Industry: REXIT exceeded the MY Software industry which returned -37.5% over the past year.
Return vs Market: REXIT underperformed the MY Market which returned -10.2% over the past year.
|REXIT Average Weekly Movement||3.6%|
|Software Industry Average Movement||5.8%|
|Market Average Movement||5.2%|
|10% most volatile stocks in MY Market||11.3%|
|10% least volatile stocks in MY Market||2.4%|
Stable Share Price: REXIT is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: REXIT's weekly volatility (4%) has been stable over the past year.
About the Company
Rexit Berhad, an investment holding company, provides information technology solutions and related services for the general insurance and financial services industries in Malaysia, Hong Kong, China, and internationally. It offers e-Cover, an online insurance transaction portal; and Integrated Insurance Management System, a customer-centric solution, such as product development, marketing, intermediary management, underwriting, policy management, reinsurance, claims, and payments and accounts. The company also provides Electronic Pilihan Pelaburan Ahli system, an industry platform for the submission of unit trust investment and redemption applications, which are settled electronically using the Employees Provident Fund member’s contributions.
Rexit Berhad Fundamentals Summary
|REXIT fundamental statistics|
Is REXIT overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|REXIT income statement (TTM)|
|Cost of Revenue||RM7.06m|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.055|
|Net Profit Margin||37.99%|
How did REXIT perform over the long term?See historical performance and comparison
5.2%Current Dividend Yield
Is REXIT undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation 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
Key Valuation Metric
Which metric is best to use when looking at relative valuation for REXIT?
Other financial metrics that can be useful for relative valuation.
|What is REXIT's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does REXIT's PE Ratio compare to its peers?
|REXIT PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
WILLOW Willowglen MSC Berhad
KRONO Kronologi Asia Berhad
IFCAMSC IFCA MSC Berhad
CENSOF Censof Holdings Berhad
REXIT Rexit Berhad
Price-To-Earnings vs Peers: REXIT is good value based on its Price-To-Earnings Ratio (14.1x) compared to the peer average (33.5x).
Price to Earnings Ratio vs Industry
How does REXIT's PE Ratio compare vs other companies in the Asian Software Industry?
Price-To-Earnings vs Industry: REXIT is good value based on its Price-To-Earnings Ratio (14.1x) compared to the Asian Software industry average (29.1x)
Price to Earnings Ratio vs Fair Ratio
What is REXIT'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.
|Current PE Ratio||14.1x|
|Fair PE Ratio||22.9x|
Price-To-Earnings vs Fair Ratio: REXIT is good value based on its Price-To-Earnings Ratio (14.1x) compared to the estimated Fair Price-To-Earnings Ratio (22.9x).
Share Price vs Fair Value
What is the Fair Price of REXIT when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: REXIT (MYR0.77) is trading above our estimate of fair value (MYR0.74)
Significantly Below Fair Value: REXIT is trading above our estimate of fair value.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Insufficient data to show price forecast.
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How is Rexit Berhad forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Future Growth Score3/6
Future Growth Score 3/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: REXIT's forecast earnings growth (7.7% per year) is above the savings rate (3.6%).
Earnings vs Market: REXIT's earnings (7.7% per year) are forecast to grow slower than the MY market (9.6% per year).
High Growth Earnings: REXIT's earnings are forecast to grow, but not significantly.
Revenue vs Market: REXIT's revenue (7.3% per year) is forecast to grow faster than the MY market (4.7% per year).
High Growth Revenue: REXIT's revenue (7.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: REXIT's Return on Equity is forecast to be high in 3 years time (21.8%)
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How has Rexit Berhad performed over the past 5 years?
Past Performance Score2/6
Past Performance Score 2/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: REXIT has a high level of non-cash earnings.
Growing Profit Margin: REXIT's current net profit margins (38%) are lower than last year (39.2%).
Past Earnings Growth Analysis
Earnings Trend: REXIT's earnings have grown by 6.6% per year over the past 5 years.
Accelerating Growth: REXIT's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: REXIT had negative earnings growth (-4.5%) over the past year, making it difficult to compare to the Software industry average (-14.4%).
Return on Equity
High ROE: REXIT's Return on Equity (21%) is considered high.
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How is Rexit Berhad's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: REXIT's short term assets (MYR32.9M) exceed its short term liabilities (MYR4.8M).
Long Term Liabilities: REXIT's short term assets (MYR32.9M) exceed its long term liabilities (MYR181.0K).
Debt to Equity History and Analysis
Debt Level: REXIT is debt free.
Reducing Debt: REXIT has not had any debt for past 5 years.
Debt Coverage: REXIT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: REXIT has no debt, therefore coverage of interest payments is not a concern.
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What is Rexit Berhad current dividend yield, its reliability and sustainability?
Dividend Score 4/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: REXIT's dividend (5.19%) is higher than the bottom 25% of dividend payers in the MY market (2.05%).
High Dividend: REXIT's dividend (5.19%) is in the top 25% of dividend payers in the MY market (5.08%)
Stability and Growth of Payments
Stable Dividend: REXIT's dividend payments have been volatile in the past 10 years.
Growing Dividend: REXIT's dividend payments have increased over the past 10 years.
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (73.7%), REXIT's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its high cash payout ratio (139.5%), REXIT's dividend payments are not well covered by cash flows.
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How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Hon Chung (61 yo)
Mr. Hon Cheong Chung has been the Chief Executive Officer of Rexit Berhad since 2005. Mr. Chung has been the Managing Director and Co-Founder of E-Resources.com Sdn. Bhd.since 2001. He has been Consultant...
Experienced Board: REXIT's board of directors are seasoned and experienced ( 14.9 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.
|Ownership||Name||Shares||Current Value||Change %||Portfolio %|
Rexit Berhad's employee growth, exchange listings and data sources
- Name: Rexit Berhad
- Ticker: REXIT
- Exchange: KLSE
- Founded: 1998
- Industry: Systems Software
- Sector: Software
- Implied Market Cap: RM133.376m
- Shares outstanding: 173.22m
- Website: https://www.rexit.com
- Rexit Berhad
- 42, Jalan BM 1/2
- Taman Bukit Mayang Emas
- Petaling Jaya
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|REXIT||KLSE (Bursa Malaysia)||Yes||Ordinary Shares||MY||MYR||Nov 2005|
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/09/24 00:00|
|End of Day Share Price||2022/09/23 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.