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VSTECS Berhad KLSE:VSTECS Stock Report

Last Price


Market Cap







27 Jun, 2022


Company Financials
VSTECS fundamental analysis
Snowflake Score
Future Growth0/6
Past Performance3/6
Financial Health4/6

VSTECS Stock Overview

VSTECS Berhad, an investment holding company, operates as a distribution hub for information and communications technology (ICT) products.

VSTECS Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for VSTECS Berhad
Historical stock prices
Current Share PriceRM1.03
52 Week HighRM1.50
52 Week LowRM0.98
1 Month Change-8.85%
3 Month Change-11.97%
1 Year Change-21.67%
3 Year Change101.96%
5 Year Change40.14%
Change since IPO117.61%

Recent News & Updates

Apr 19
VSTECS Berhad (KLSE:VSTECS) Has Affirmed Its Dividend Of RM0.042

VSTECS Berhad (KLSE:VSTECS) Has Affirmed Its Dividend Of RM0.042

The board of VSTECS Berhad ( KLSE:VSTECS ) has announced that it will pay a dividend on the 11th of May, with investors...

Mar 10
VSTECS Berhad (KLSE:VSTECS) Will Pay A Dividend Of RM0.042

VSTECS Berhad (KLSE:VSTECS) Will Pay A Dividend Of RM0.042

VSTECS Berhad ( KLSE:VSTECS ) has announced that it will pay a dividend of RM0.042 per share on the 11th of May. Based...

Shareholder Returns

VSTECSMY ElectronicMY Market

Return vs Industry: VSTECS exceeded the MY Electronic industry which returned -33.9% over the past year.

Return vs Market: VSTECS underperformed the MY Market which returned -8.7% over the past year.

Price Volatility

Is VSTECS's price volatile compared to industry and market?
VSTECS volatility
VSTECS Average Weekly Movement3.4%
Electronic Industry Average Movement6.2%
Market Average Movement5.5%
10% most volatile stocks in MY Market11.5%
10% least volatile stocks in MY Market2.9%

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

Volatility Over Time: VSTECS's weekly volatility (3%) has been stable over the past year.

About the Company

1985394Jan Soong

VSTECS Berhad, an investment holding company, operates as a distribution hub for information and communications technology (ICT) products. The company operates through three segments: ICT Distribution, Enterprise Systems, and ICT Services. It distributes notebooks, personal computers, smartphones, tablets, printers, network and communication infrastructure, servers, and enterprise software.

VSTECS Berhad Fundamentals Summary

How do VSTECS Berhad's earnings and revenue compare to its market cap?
VSTECS fundamental statistics
Market CapRM367.25m
Earnings (TTM)RM54.14m
Revenue (TTM)RM2.60b


P/E Ratio


P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
VSTECS income statement (TTM)
Cost of RevenueRM2.46b
Gross ProfitRM139.36m
Other ExpensesRM85.22m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date


Earnings per share (EPS)0.15
Gross Margin5.36%
Net Profit Margin2.08%
Debt/Equity Ratio0.7%

How did VSTECS perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


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

Valuation Score


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

  • PEG Ratio

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

VSTECS 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/Revenue0.1x
Enterprise Value/EBITDA4.6x
PEG Ration/a

Price to Earnings Ratio vs Peers

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

VSTECS PE Ratio vs Peers
The above table shows the PE ratio for VSTECS vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average25.8x
VC Vortex Consolidated Berhad
RGTECH Radiant Globaltech Berhad
CNERGEN Cnergenz Berhad
AMTEL Amtel Holdings Berhad

Price-To-Earnings vs Peers: VSTECS is good value based on its Price-To-Earnings Ratio (6.8x) compared to the peer average (25.8x).

Price to Earnings Ratio vs Industry

How does VSTECS's PE Ratio compare vs other companies in the Asian Electronic Industry?

Price-To-Earnings vs Industry: VSTECS is good value based on its Price-To-Earnings Ratio (6.8x) compared to the MY Electronic industry average (18.8x)

Price to Earnings Ratio vs Fair Ratio

What is VSTECS'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.

VSTECS PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio6.8x
Fair PE Ration/a

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

Share Price vs Fair Value

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

Below Fair Value: VSTECS (MYR1.03) is trading above our estimate of fair value (MYR0.76)

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

Price to Earnings Growth Ratio

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

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Future Growth

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

Future Growth Score


Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


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 VSTECS 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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  • Examine VSTECS Berhad's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.

Past Performance

How has VSTECS Berhad performed over the past 5 years?

Past Performance Score


Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

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

Growing Profit Margin: VSTECS's current net profit margins (2.1%) are higher than last year (1.8%).

Past Earnings Growth Analysis

Earnings Trend: VSTECS's earnings have grown by 15.7% per year over the past 5 years.

Accelerating Growth: VSTECS's earnings growth over the past year (26.7%) exceeds its 5-year average (15.7% per year).

Earnings vs Industry: VSTECS earnings growth over the past year (26.7%) underperformed the Electronic industry 26.7%.

Return on Equity

High ROE: VSTECS's Return on Equity (14%) is considered low.

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Financial Health

How is VSTECS Berhad's financial position?

Financial Health Score


Financial Health Score 4/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: VSTECS's short term assets (MYR617.5M) exceed its short term liabilities (MYR275.2M).

Long Term Liabilities: VSTECS's short term assets (MYR617.5M) exceed its long term liabilities (MYR1.6M).

Debt to Equity History and Analysis

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

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

Debt Coverage: VSTECS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: VSTECS earns more interest than it pays, so coverage of interest payments is not a concern.

Balance Sheet

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

Dividend Score


Dividend Score 4/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: VSTECS's dividend (5.05%) is higher than the bottom 25% of dividend payers in the MY market (2.15%).

High Dividend: VSTECS's dividend (5.05%) is in the top 25% of dividend payers in the MY market (4.94%)

Stability and Growth of Payments

Stable Dividend: VSTECS's dividend payments have been volatile in the past 10 years.

Growing Dividend: VSTECS's dividend payments have increased over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (34.3%), VSTECS's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: VSTECS is paying a dividend but the company has no free cash flows.

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


Average management tenure


Jan Soong (58 yo)





Mr. Jan Hsung Soong serves as Chief Executive Officer at VSTECS Berhad (formerly known as ECS ICT Berhad) since January 1, 2015. Mr. Jan served as Deputy Chief Executive Officer of VSTECS Berhad (formerly...

Leadership Team

Experienced Management: VSTECS's management team is seasoned and experienced (6.2 years average tenure).

Board Members

Experienced Board: VSTECS's board of directors are not considered experienced ( 2.4 years average tenure), which suggests a new board.


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 not been meaningfully diluted in the past year.

Top Shareholders

Company Information

VSTECS Berhad's employee growth, exchange listings and data sources

Key Information

  • Name: VSTECS Berhad
  • Ticker: VSTECS
  • Exchange: KLSE
  • Founded: 1985
  • Industry: Technology Distributors
  • Sector: Tech
  • Implied Market Cap: RM367.252m
  • Shares outstanding: 356.56m
  • Website:

Number of Employees


  • VSTECS Berhad
  • Jalan Teknologi 3/5
  • Lot 3
  • Petaling Jaya
  • Selangor
  • 47810
  • Malaysia


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Annual Earnings2021/12/31

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.