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SCOP

Scope Industries BerhadKLSE:SCOPE Stock Report

Last Price

RM0.24

Market Cap

RM282.6m

7D

-7.5%

1Y

-12.5%

Updated

21 Jan, 2022

Data

Company Financials
SCOPE fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

SCOPE Stock Overview

Scope Industries Berhad, an investment holding company, manufactures and assembles electrical and electronics components and products in Malaysia, Taiwan, Hong Kong, Singapore, and Europe.

Price History & Performance

Summary of all time highs, changes and price drops for Scope Industries Berhad
Historical stock prices
Current Share PriceRM0.24
52 Week HighRM0.47
52 Week LowRM0.20
Beta1.18
1 Month Change-5.77%
3 Month Change-30.99%
1 Year Change-12.50%
3 Year Change88.46%
5 Year Change58.07%
Change since IPO-27.94%

Recent News & Updates

Shareholder Returns

SCOPEMY ElectronicMY Market
7D-7.5%-4.0%-1.7%
1Y-12.5%-17.7%-4.4%

Return vs Industry: SCOPE exceeded the MY Electronic industry which returned -16.6% over the past year.

Return vs Market: SCOPE underperformed the MY Market which returned -4.1% over the past year.

Price Volatility

Is SCOPE's price volatile compared to industry and market?
SCOPE volatility
SCOPE Average Weekly Movement8.9%
Electronic Industry Average Movement8.2%
Market Average Movement5.5%
10% most volatile stocks in MY Market12.4%
10% least volatile stocks in MY Market2.7%

Stable Share Price: SCOPE is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: SCOPE's weekly volatility (9%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
1991n/aChiow Limhttps://www.scope.com.my

Scope Industries Berhad, an investment holding company, manufactures and assembles electrical and electronics components and products in Malaysia, Taiwan, Hong Kong, Singapore, and Europe. The company operates through Manufacturing, Plantation, Trading, and Investment Holding segments. It offers printed circuit board assembly products for original equipment manufacturers and multinational companies.

Scope Industries Berhad Fundamentals Summary

How do Scope Industries Berhad's earnings and revenue compare to its market cap?
SCOPE fundamental statistics
Market CapRM282.65m
Earnings (TTM)RM6.67m
Revenue (TTM)RM121.27m

42.4x

P/E Ratio

2.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SCOPE income statement (TTM)
RevenueRM121.27m
Cost of RevenueRM107.42m
Gross ProfitRM13.84m
ExpensesRM7.17m
EarningsRM6.67m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.0058
Gross Margin11.42%
Net Profit Margin5.50%
Debt/Equity Ratio0%

How did SCOPE perform over the long term?

See historical performance and comparison

Valuation

Is Scope Industries Berhad undervalued compared to its fair value and its price relative to the market?

42.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate SCOPE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate SCOPE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: SCOPE is poor value based on its PE Ratio (42.4x) compared to the MY Electronic industry average (25.3x).

PE vs Market: SCOPE is poor value based on its PE Ratio (42.4x) compared to the MY market (15.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate SCOPE's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: SCOPE is overvalued based on its PB Ratio (1.5x) compared to the MY Electronic industry average (1.2x).


Future Growth

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

12.2%

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 Scope Industries 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.


Past Performance

How has Scope Industries Berhad performed over the past 5 years?

-48.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SCOPE has a high level of non-cash earnings.

Growing Profit Margin: SCOPE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: SCOPE has become profitable over the past 5 years, growing earnings by -48.4% per year.

Accelerating Growth: SCOPE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SCOPE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Electronic industry (41%).


Return on Equity

High ROE: SCOPE's Return on Equity (3.9%) is considered low.


Financial Health

How is Scope Industries Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: SCOPE's short term assets (MYR91.6M) exceed its short term liabilities (MYR5.3M).

Long Term Liabilities: SCOPE's short term assets (MYR91.6M) exceed its long term liabilities (MYR14.9M).


Debt to Equity History and Analysis

Debt Level: SCOPE is debt free.

Reducing Debt: SCOPE currently has no debt however we can't compare to 5 years ago as we have no data for that period.

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

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


Balance Sheet


Dividend

What is Scope Industries Berhad current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: SCOPE is not paying a notable dividend for the MY market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of SCOPE's dividend in 3 years as they are not forecast to pay a notable one for the MY market.


Next Steps

Management

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

6.8yrs

Average management tenure


CEO

Chiow Lim (58 yo)

18.5yrs

Tenure

RM38,000

Compensation

Mr. Chiow Hoo Lim has been the Managing Director of Scope Industries Berhad since July 15, 2003. Mr. Lim is the Founder of the Group. He started his career as a Treasurer at Hup Hin Chan Rice Mill Sdn.Bhd...


Leadership Team

Experienced Management: SCOPE's management team is seasoned and experienced (6.8 years average tenure).


Board Members

Experienced Board: SCOPE's board of directors are not considered experienced ( 0.4 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 diluted in the past year, with total shares outstanding growing by 50%.


Top Shareholders

Company Information

Scope Industries Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Scope Industries Berhad
  • Ticker: SCOPE
  • Exchange: KLSE
  • Founded: 1991
  • Industry: Electronic Components
  • Sector: Tech
  • Implied Market Cap: RM282.650m
  • Shares outstanding: 1.15b
  • Website: https://www.scope.com.my

Location

  • Scope Industries Berhad
  • Jalan Perusahaan 2
  • Lot 6181
  • Parit Buntar
  • Perak
  • 34200
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 15:42
End of Day Share Price2022/01/21 00:00
Earnings2021/09/30
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.