company background image
MLAB

Mlabs Systems Berhad KLSE:MLAB Stock Report

Last Price

RM0.025

Market Cap

RM36.2m

7D

0%

1Y

-44.4%

Updated

06 Aug, 2022

Data

Company Financials
MLAB fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance0/6
Financial Health5/6
Dividends0/6

MLAB Stock Overview

Mlabs Systems Berhad, an investment holding company, researches, develops, assembles, and trades in multimedia video conferencing systems and equipment primarily in Malaysia.

Mlabs Systems Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mlabs Systems Berhad
Historical stock prices
Current Share PriceRM0.025
52 Week HighRM0.05
52 Week LowRM0.02
Beta0.73
1 Month Change25.00%
3 Month Change-16.67%
1 Year Change-44.44%
3 Year Change-93.75%
5 Year Change-98.53%
Change since IPO-99.37%

Recent News & Updates

Shareholder Returns

MLABMY CommunicationsMY Market
7D0%-4.5%0.5%
1Y-44.4%-44.8%-3.1%

Return vs Industry: MLAB matched the MY Communications industry which returned -44.8% over the past year.

Return vs Market: MLAB underperformed the MY Market which returned -3.1% over the past year.

Price Volatility

Is MLAB's price volatile compared to industry and market?
MLAB volatility
MLAB Average Weekly Movement31.3%
Communications Industry Average Movement6.4%
Market Average Movement5.5%
10% most volatile stocks in MY Market11.5%
10% least volatile stocks in MY Market2.8%

Stable Share Price: MLAB is more volatile than 90% of MY stocks over the past 3 months, typically moving +/- 31% a week.

Volatility Over Time: MLAB's weekly volatility has increased from 23% to 31% over the past year.

About the Company

FoundedEmployeesCEOWebsite
199757Kiat Huihttps://www.mlabs.com

Mlabs Systems Berhad, an investment holding company, researches, develops, assembles, and trades in multimedia video conferencing systems and equipment primarily in Malaysia. It operates in three segments: Research and Development, and Assembling; Trading; and Film Production. The company provides software development and engineering; financial technology legal consultation; and digital crypto currency market analysis services, as well as distributes and supplies alcoholic beverages.

Mlabs Systems Berhad Fundamentals Summary

How do Mlabs Systems Berhad's earnings and revenue compare to its market cap?
MLAB fundamental statistics
Market CapRM36.24m
Earnings (TTM)-RM8.39m
Revenue (TTM)n/a

-6.3x

P/S Ratio

-4.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MLAB income statement (TTM)
Revenue-RM5.77m
Cost of Revenue-RM8.19m
Gross ProfitRM2.42m
Other ExpensesRM10.81m
Earnings-RM8.39m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.0058
Gross Margin-42.01%
Net Profit Margin145.53%
Debt/Equity Ratio0.6%

How did MLAB perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

MLAB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Book Ratio vs Peers

How does MLAB's PB Ratio compare to its peers?

MLAB PB Ratio vs Peers
The above table shows the PB ratio for MLAB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPBEstimated GrowthMarket Cap
Peer Average1.4x
GPACKET Green Packet Berhad
1xn/aRM79.8m
SMTRACK SMTrack Berhad
0.8xn/aRM36.9m
UCREST UCrest Berhad
2.3xn/aRM59.1m
OPCOM Opcom Holdings Berhad
1.5xn/aRM241.4m
MLAB Mlabs Systems Berhad
0.3xn/aRM36.2m

Price-To-Book vs Peers: MLAB is good value based on its Price-To-Book Ratio (0.3x) compared to the peer average (1.4x).


Price to Earnings Ratio vs Industry

How does MLAB's PE Ratio compare vs other companies in the Asian Communications Industry?

Price-To-Book vs Industry: MLAB is good value based on its Price-To-Book Ratio (0.3x) compared to the MY Communications industry average (1x)


Price to Book Ratio vs Fair Ratio

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

MLAB PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio0.3x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate MLAB's Price-To-Book Fair Ratio for valuation analysis.


Share Price vs Fair Value

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

Below Fair Value: Insufficient data to calculate MLAB's fair value for valuation analysis.

Significantly Below Fair Value: Insufficient data to calculate MLAB's fair value for valuation analysis.


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.


Discover undervalued companies

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


26.8%

Forecasted Tech 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 Mlabs Systems 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.


Discover growth companies

Past Performance

How has Mlabs Systems Berhad performed over the past 5 years?

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-42.3%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MLAB is currently unprofitable.

Growing Profit Margin: MLAB is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: MLAB is unprofitable, and losses have increased over the past 5 years at a rate of 42.3% per year.

Accelerating Growth: Unable to compare MLAB's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: MLAB is unprofitable, making it difficult to compare its past year earnings growth to the Communications industry (10.3%).


Return on Equity

High ROE: MLAB has a negative Return on Equity (-6.69%), as it is currently unprofitable.


Discover strong past performing companies

Financial Health

How is Mlabs Systems Berhad's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: MLAB's short term assets (MYR85.5M) exceed its short term liabilities (MYR12.9M).

Long Term Liabilities: MLAB's short term assets (MYR85.5M) exceed its long term liabilities (MYR167.0K).


Debt to Equity History and Analysis

Debt Level: MLAB has more cash than its total debt.

Reducing Debt: Insufficient data to determine if MLAB's debt to equity ratio has reduced over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: MLAB has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: MLAB has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 20.9% each year


Discover healthy companies

Dividend

What is Mlabs Systems Berhad current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MLAB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MLAB's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if MLAB's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MLAB's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MLAB has not reported any payouts.


Discover strong dividend paying companies

Management

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

2.7yrs

Average management tenure


CEO

Kiat Hui (49 yo)

0.83

Tenure

Mr. Kiat Bin Hui serves as Chief Executive Officer at Mlabs Systems Berhad since October 1, 2021. He has IT experience having worked at IBM Malaysia, Microsoft Malaysia and Dell Malaysia. He was based in C...


Leadership Team

Experienced Management: MLAB's management team is considered experienced (2.7 years average tenure).


Board Members

Experienced Board: MLAB's board of directors are seasoned and experienced ( 12.7 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 20%.


Top Shareholders

Company Information

Mlabs Systems Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Mlabs Systems Berhad
  • Ticker: MLAB
  • Exchange: KLSE
  • Founded: 1997
  • Industry: Communications Equipment
  • Sector: Tech
  • Implied Market Cap: RM36.235m
  • Shares outstanding: 1.45b
  • Website: https://www.mlabs.com

Number of Employees


Location

  • Mlabs Systems Berhad
  • Menara Lien Hoe
  • Lot 10.3, 10th Floor
  • Petaling Jaya
  • Selangor
  • 47410
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/06 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/03/31
Annual Earnings2021/06/30


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.