How does NE's PE Ratio compare to its peers?

NE is good value based on its Price-To-Earnings Ratio (32x) compared to the peer average (38.9x).

How does NE's PE Ratio compare vs other companies in the MY Electronic Industry?

NE is expensive based on its Price-To-Earnings Ratio (32x) compared to the MY Electronic industry average (27.3x).

What is NE'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.

Insufficient data to calculate NE's Price-To-Earnings Fair Ratio for valuation analysis.

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

NE (MYR0.6) is trading above our estimate of [[fair value]] (MYR0.13)

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

Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine [[statistical confidence]] in agreement.

NE Stock Overview

An investment holding company, manufactures and sells precision engineering components. More details

NE fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	4/6
Past Performance	1/6
Financial Health	5/6
Dividends	0/6

Rewards

Earnings are forecast to grow 31.42% per year

Risk Analysis

Volatile share price over the past 3 months compared to the MY market

Does not have a meaningful market cap (MYR440M)

My Notes

Capture your thoughts, links and company narrative

Northeast Group Berhad Competitors

Notion VTec Berhad

KLSE:NOTION

RM 708.6m

SKP Resources Bhd

KLSE:SKPRES

RM 1.9b

Waja Konsortium Berhad

KLSE:WAJA

RM 61.3m

QES Group Berhad

KLSE:QES

RM 496.3m

Price History & Performance

Summary of share price highs, lows and changes for Northeast Group Berhad
Historical stock prices
Current Share Price	RM 0.59
52 Week High	RM 0.74
52 Week Low	RM 0.47
Beta	0
1 Month Change	-5.56%
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	17.82%

Recent updates

Shareholder Returns

	NE	MY Electronic	MY Market
7D	-0.8%	3.6%	2.4%
1Y	n/a	40.9%	12.7%

Return vs Industry: Insufficient data to determine how NE performed against the MY Electronic industry.

Return vs Market: Insufficient data to determine how NE performed against the MY Market.

Price Volatility

Is NE's price volatile compared to industry and market?
NE volatility
NE Average Weekly Movement	8.8%
Electronic Industry Average Movement	7.2%
Market Average Movement	4.8%
10% most volatile stocks in MY Market	10.6%
10% least volatile stocks in MY Market	2.5%

Stable Share Price: NE's share price has been volatile over the past 3 months compared to the MY market.

Volatility Over Time: Insufficient data to determine NE's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2004	127	Chay Ng	www.northeast.my

Northeast Group Berhad, an investment holding company, manufactures and sells precision engineering components. The company offers photonics housings, electrical and electronics casings, ultrasonic cleaning machine components, surface-mount technology pallets, microwave antennas and heat sink, radiofrequency microwave filters, photodiodes, and optoelectronics housings. It serves the photonics, electrical and electronics, semiconductor, telecommunication, and optoelectronics industries in Malaysia, Other Asian countries, North America, South America, Europe, and Oceania.

Northeast Group Berhad Fundamentals Summary

How do Northeast Group Berhad's earnings and revenue compare to its market cap?
NE fundamental statistics
Market cap	RM 440.30m
Earnings (TTM)	RM 13.74m
Revenue (TTM)	RM 90.14m

32.0x

P/E Ratio

4.9x

P/S Ratio

Is NE overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NE income statement (TTM)
Revenue	RM 90.14m
Cost of Revenue	RM 55.45m
Gross Profit	RM 34.69m
Other Expenses	RM 20.95m
Earnings	RM 13.74m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	0.019
Gross Margin	38.48%
Net Profit Margin	15.25%
Debt/Equity Ratio	22.7%

How did NE perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/30 02:57
End of Day Share Price	2024/12/30 00:00
Earnings	2024/09/30
Annual Earnings	2024/09/30

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Northeast Group Berhad is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Siao Lee	Public Investment Bank Berhad
Chee-Wai Chong	UOB Kay Hian Research Pte Ltd

Northeast Group Berhad KLSE:NE Stock Report