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OPCO

Opcom Holdings Berhad KLSE:OPCOM Stock Report

Last Price

RM0.86

Market Cap

RM241.4m

7D

-1.1%

1Y

60.2%

Updated

06 Aug, 2022

Data

Company Financials
OPCOM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

OPCOM Stock Overview

Opcom Holdings Berhad, an investment holding company, manufactures and sells fiber optic cables, systems, accessories, and thixotropic gel in Malaysia, the United Kingdom, China, the United States, and internationally.

Opcom Holdings Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Opcom Holdings Berhad
Historical stock prices
Current Share PriceRM0.86
52 Week HighRM1.79
52 Week LowRM0.51
Beta0.57
1 Month Change15.33%
3 Month Change-5.98%
1 Year Change60.19%
3 Year Change84.04%
5 Year Change49.14%
Change since IPO23.81%

Recent News & Updates

May 31
Opcom Holdings Berhad's (KLSE:OPCOM) Popularity With Investors Is Clear

Opcom Holdings Berhad's (KLSE:OPCOM) Popularity With Investors Is Clear

With a price-to-earnings (or "P/E") ratio of 58.4x Opcom Holdings Berhad ( KLSE:OPCOM ) may be sending very bearish...

Shareholder Returns

OPCOMMY CommunicationsMY Market
7D-1.1%-4.5%0.5%
1Y60.2%-44.8%-3.1%

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

Return vs Market: OPCOM exceeded the MY Market which returned -3.1% over the past year.

Price Volatility

Is OPCOM's price volatile compared to industry and market?
OPCOM volatility
OPCOM Average Weekly Movement7.3%
Communications Industry Average Movement6.4%
Market Average Movement5.6%
10% most volatile stocks in MY Market11.5%
10% least volatile stocks in MY Market2.8%

Stable Share Price: OPCOM is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: OPCOM's weekly volatility (7%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1994n/an/ahttps://www.opcom.com.my

Opcom Holdings Berhad, an investment holding company, manufactures and sells fiber optic cables, systems, accessories, and thixotropic gel in Malaysia, the United Kingdom, China, the United States, and internationally. The company operates through three segments: Manufacturing, Trading and Engineering Services, and Other Operations. It offers slotted core fiber optic cables, including UG, aerial, DB, and anti-rodent cables; loose tube cables, such as UG, aerial, DB, anti-rodent, and ADSS; and drop cables consisting of UG, aerial, and indoor cables.

Opcom Holdings Berhad Fundamentals Summary

How do Opcom Holdings Berhad's earnings and revenue compare to its market cap?
OPCOM fundamental statistics
Market CapRM241.41m
Earnings (TTM)RM3.95m
Revenue (TTM)RM87.17m

61.2x

P/E Ratio

2.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
OPCOM income statement (TTM)
RevenueRM87.17m
Cost of RevenueRM69.15m
Gross ProfitRM18.02m
Other ExpensesRM14.08m
EarningsRM3.95m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.014
Gross Margin20.68%
Net Profit Margin4.53%
Debt/Equity Ratio0%

How did OPCOM perform over the long term?

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

Valuation

Is OPCOM 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings 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 OPCOM?

Other financial metrics that can be useful for relative valuation.

OPCOM 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/Revenue1.8x
Enterprise Value/EBITDA23.5x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

OPCOM PE Ratio vs Peers
The above table shows the PE ratio for OPCOM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average24.3x
VC Vortex Consolidated Berhad
35.2xn/aRM197.9m
RGTECH Radiant Globaltech Berhad
29xn/aRM202.2m
VSTECS VSTECS Berhad
7xn/aRM377.9m
QES QES Group Berhad
26.2x18.6%RM492.1m
OPCOM Opcom Holdings Berhad
61.2xn/aRM241.4m

Price-To-Earnings vs Peers: OPCOM is expensive based on its Price-To-Earnings Ratio (61.2x) compared to the peer average (24.3x).


Price to Earnings Ratio vs Industry

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

Price-To-Earnings vs Industry: OPCOM is expensive based on its Price-To-Earnings Ratio (61.2x) compared to the Asian Communications industry average (28.4x)


Price to Earnings Ratio vs Fair Ratio

What is OPCOM'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.

OPCOM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio61.2x
Fair PE Ration/a

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


Share Price vs Fair Value

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

Below Fair Value: OPCOM (MYR0.87) is trading below our estimate of fair value (MYR4.34)

Significantly Below Fair Value: OPCOM is trading below fair value by more than 20%.


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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Future Growth

How is Opcom Holdings 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


27.2%

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 Opcom Holdings 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.


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Past Performance

How has Opcom Holdings Berhad performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-14.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: OPCOM has high quality earnings.

Growing Profit Margin: OPCOM's current net profit margins (4.5%) are higher than last year (3.9%).


Past Earnings Growth Analysis

Earnings Trend: OPCOM's earnings have declined by 14.2% per year over the past 5 years.

Accelerating Growth: OPCOM's earnings growth over the past year (52.5%) exceeds its 5-year average (-14.2% per year).

Earnings vs Industry: OPCOM earnings growth over the past year (52.5%) exceeded the Communications industry 10.3%.


Return on Equity

High ROE: OPCOM's Return on Equity (3.8%) is considered low.


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Financial Health

How is Opcom Holdings Berhad's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: OPCOM's short term assets (MYR126.0M) exceed its short term liabilities (MYR13.2M).

Long Term Liabilities: OPCOM's short term assets (MYR126.0M) exceed its long term liabilities (MYR734.0K).


Debt to Equity History and Analysis

Debt Level: OPCOM is debt free.

Reducing Debt: OPCOM has no debt compared to 5 years ago when its debt to equity ratio was 4%.

Debt Coverage: OPCOM has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: OPCOM has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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Dividend

What is Opcom Holdings 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 OPCOM's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate OPCOM'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 OPCOM's dividends per share have been stable in the past.

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


Earnings Payout to Shareholders

Earnings Coverage: OPCOM is not paying a notable dividend for the MY market.


Cash Payout to Shareholders

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


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Management

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

1.6yrs

Average management tenure


CEO

Opcom Holdings Berhad has no CEO, or we have no data on them.


Leadership Team

Experienced Management: OPCOM's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

Experienced Board: OPCOM's board of directors are not considered experienced ( 1.1 years average tenure), which suggests a new board.


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 substantially diluted in the past year, with total shares outstanding growing by 57.3%.


Top Shareholders

Company Information

Opcom Holdings Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Opcom Holdings Berhad
  • Ticker: OPCOM
  • Exchange: KLSE
  • Founded: 1994
  • Industry: Communications Equipment
  • Sector: Tech
  • Implied Market Cap: RM241.410m
  • Shares outstanding: 279.09m
  • Website: https://www.opcom.com.my

Location

  • Opcom Holdings Berhad
  • 11, Jalan Utas 15/7
  • Shah Alam
  • Selangor
  • 40200
  • 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 Earnings2022/03/31


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.