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Malaysia Airports Holdings Berhad

Market Cap

RM11.4b

Last Updated

2021/09/20 15:27 UTC

Data Sources

Company Financials +

Executive Summary

Malaysia Airports Holdings Berhad engages in the development, management, operation, and maintenance of airports. More Details


Snowflake Analysis

High growth potential and slightly overvalued.


Similar Companies

Share Price & News

How has Malaysia Airports Holdings Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: AIRPORT is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: AIRPORT's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

3.9%

AIRPORT

3.5%

MY Infrastructure

-1.0%

MY Market


1 Year Return

40.3%

AIRPORT

31.4%

MY Infrastructure

5.9%

MY Market

Return vs Industry: AIRPORT exceeded the MY Infrastructure industry which returned 31.4% over the past year.

Return vs Market: AIRPORT exceeded the MY Market which returned 5.9% over the past year.


Shareholder returns

AIRPORTIndustryMarket
7 Day3.9%3.5%-1.0%
30 Day17.9%7.6%2.6%
90 Day8.9%6.6%0.03%
1 Year40.3%40.3%35.1%31.4%10.0%5.9%
3 Year-19.9%-22.9%6.3%-1.8%1.1%-8.5%
5 Year10.4%3.5%3.2%-10.2%11.7%-7.1%

Long-Term Price Volatility Vs. Market

How volatile is Malaysia Airports Holdings Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Malaysia Airports Holdings Berhad undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: AIRPORT (MYR6.86) is trading below our estimate of fair value (MYR31.49)

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


Price To Earnings Ratio

PE vs Industry: AIRPORT is unprofitable, so we can't compare its PE Ratio to the MY Infrastructure industry average.

PE vs Market: AIRPORT is unprofitable, so we can't compare its PE Ratio to the MY market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: AIRPORT's PB Ratio (1.5x) is in line with the MY Infrastructure industry average.


Future Growth

How is Malaysia Airports Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 17 analysts?

94.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: AIRPORT is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.6%).

Earnings vs Market: AIRPORT is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: AIRPORT's is expected to become profitable in the next 3 years.

Revenue vs Market: AIRPORT's revenue (52.9% per year) is forecast to grow faster than the MY market (6.4% per year).

High Growth Revenue: AIRPORT's revenue (52.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: AIRPORT's Return on Equity is forecast to be low in 3 years time (2.4%).


Past Performance

How has Malaysia Airports Holdings Berhad performed over the past 5 years?

-43.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: AIRPORT is currently unprofitable.

Growing Profit Margin: AIRPORT is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: AIRPORT is unprofitable, and losses have increased over the past 5 years at a rate of 43.8% per year.

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

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


Return on Equity

High ROE: AIRPORT has a negative Return on Equity (-19.02%), as it is currently unprofitable.


Financial Health

How is Malaysia Airports Holdings Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: AIRPORT's short term assets (MYR2.1B) exceed its short term liabilities (MYR2.1B).

Long Term Liabilities: AIRPORT's short term assets (MYR2.1B) do not cover its long term liabilities (MYR10.2B).


Debt to Equity History and Analysis

Debt Level: AIRPORT's debt to equity ratio (61.4%) is considered high.

Reducing Debt: AIRPORT's debt to equity ratio has reduced from 67.5% to 61.4% over the past 5 years.

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

Interest Coverage: Insufficient data to determine if AIRPORT's interest payments on its debt are well covered by EBIT.


Balance Sheet


Dividend

What is Malaysia Airports Holdings Berhad current dividend yield, its reliability and sustainability?

0.69%

Forecast Dividend Yield


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of AIRPORT'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?

3.3yrs

Average management tenure


CEO

Mohd bin Mohd Salleh (46 yo)

1.67yrs

Tenure

Mr. Mohd Shukrie bin Mohd Salleh is a Director of GMR Hyderabad International Airport Limited since July 22, 2020. He is the Group Chief Executive Officer, Malaysia Airports Holdings Berhad (MAHB). He is a...


Leadership Team

Experienced Management: AIRPORT's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: AIRPORT's board of directors are not considered experienced ( 2.6 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Malaysia Airports Holdings Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Malaysia Airports Holdings Berhad
  • Ticker: AIRPORT
  • Exchange: KLSE
  • Founded: 1992
  • Industry: Airport Services
  • Sector: Transportation
  • Market Cap: RM11.382b
  • Shares outstanding: 1.66b
  • Website: https://www.malaysiaairports.com.my

Number of Employees


Location

  • Malaysia Airports Holdings Berhad
  • Malaysia Airports Corporate Office
  • Persiaran Korporat KLIA
  • Sepang
  • Selangor
  • 64000
  • Malaysia

Listings


Biography

Malaysia Airports Holdings Berhad engages in the development, management, operation, and maintenance of airports. The company operates in two segments, Airport Operations and Non-Airport Operations. The co...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 15:27
End of Day Share Price2021/09/20 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.