JHM Consolidation Berhad

KLSE:JHM Stock Report

Market Cap: RM 269.7m

JHM Consolidation Berhad Valuation

Is JHM undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of JHM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: JHM (MYR0.45) is trading above our estimate of fair value (MYR0.13)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for JHM?

Key metric: As JHM is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for JHM. This is calculated by dividing JHM's market cap by their current revenue.
What is JHM's PS Ratio?
PS Ratio1.5x
SalesRM 185.85m
Market CapRM 269.67m

Price to Sales Ratio vs Peers

How does JHM's PS Ratio compare to its peers?

The above table shows the PS ratio for JHM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.2x
NE Northeast Group Berhad
5x16.8%RM 447.7m
SCOPE Scope Industries Berhad
0.9xn/aRM 115.4m
NOTION Notion VTec Berhad
1.4x8.5%RM 671.8m
AMLEX Amlex Holdings Berhad
1.5xn/aRM 85.8m
JHM JHM Consolidation Berhad
1.5x29.3%RM 269.7m

Price-To-Sales vs Peers: JHM is good value based on its Price-To-Sales Ratio (1.5x) compared to the peer average (2.2x).

Price to Sales Ratio vs Industry

How does JHM's PS Ratio compare vs other companies in the MY Electronic Industry?

1 CompanyPrice / SalesEstimated GrowthMarket Cap
AEM AE Multi Holdings Berhad
0.1xn/aUS$3.12m
No more companies available in this PS range
JHM 1.5xIndustry Avg. 1.0xNo. of Companies6PS00.81.62.43.24+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: JHM is expensive based on its Price-To-Sales Ratio (1.5x) compared to the MY Electronic industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is JHM's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

JHM PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.5x
Fair PS Ratio1x

Price-To-Sales vs Fair Ratio: JHM is expensive based on its Price-To-Sales Ratio (1.5x) compared to the estimated Fair Price-To-Sales Ratio (1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst JHM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 0.45
RM 0.49
+9.4%
17.9%RM 0.61RM 0.42n/a3
Dec ’25RM 0.36
RM 0.49
+33.3%
17.9%RM 0.61RM 0.42n/a3
Nov ’25RM 0.43
RM 0.64
+48.8%
17.5%RM 0.79RM 0.52n/a3
Oct ’25RM 0.49
RM 0.64
+30.6%
17.5%RM 0.79RM 0.52n/a3
Sep ’25RM 0.49
RM 0.67
+35.4%
16.8%RM 0.79RM 0.52n/a3
Aug ’25RM 0.61
RM 0.80
+30.1%
11.4%RM 0.92RM 0.70n/a3
Jul ’25RM 0.67
RM 0.80
+20.3%
11.4%RM 0.92RM 0.70n/a3
Jun ’25RM 0.62
RM 0.80
+29.0%
11.4%RM 0.92RM 0.70n/a3
May ’25RM 0.58
RM 0.82
+42.0%
11.1%RM 0.92RM 0.70n/a3
Apr ’25RM 0.56
RM 0.82
+47.0%
11.1%RM 0.92RM 0.70n/a3
Mar ’25RM 0.62
RM 0.82
+32.8%
11.1%RM 0.92RM 0.70n/a3
Feb ’25RM 0.69
RM 0.82
+19.3%
11.1%RM 0.92RM 0.70n/a3
Jan ’25RM 0.72
RM 0.82
+14.4%
11.1%RM 0.92RM 0.70n/a3
Dec ’24RM 0.72
RM 0.82
+14.4%
11.1%RM 0.92RM 0.70RM 0.363
Nov ’24RM 0.73
RM 0.87
+18.7%
13.9%RM 0.98RM 0.70RM 0.433
Oct ’24RM 0.78
RM 0.87
+11.1%
13.9%RM 0.98RM 0.70RM 0.493
Sep ’24RM 0.80
RM 0.87
+8.3%
13.9%RM 0.98RM 0.70RM 0.493
Aug ’24RM 0.79
RM 0.84
+7.0%
8.3%RM 0.92RM 0.75RM 0.613
Jul ’24RM 0.74
RM 0.84
+12.8%
8.3%RM 0.92RM 0.75RM 0.673
Jun ’24RM 0.75
RM 0.84
+12.0%
8.3%RM 0.92RM 0.75RM 0.623
May ’24RM 0.79
RM 0.92
+16.5%
10.7%RM 1.04RM 0.80RM 0.583
Apr ’24RM 0.84
RM 0.92
+9.5%
10.7%RM 1.04RM 0.80RM 0.563
Mar ’24RM 0.77
RM 0.86
+12.4%
7.0%RM 0.92RM 0.80RM 0.622

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 07:04
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

JHM Consolidation Berhad is covered by 6 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sze Zan ChanKenanga Research
Kai TanKenanga Research
null nullMercury Securities Sdn. Bhd