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Freight Management Holdings Bhd

Market Cap

RM388.1m

Last Updated

2021/04/11 11:05 UTC

Data Sources

Company Financials +

Executive Summary

Freight Management Holdings Bhd provides international multimodal freight services in Malaysia, Australia, Indonesia, Thailand, the United Arab Emirates, Vietnam, India, Sri Lanka, the United States, the Philippines, and Singapore. More Details


Snowflake Analysis

Flawless balance sheet with proven track record and pays a dividend.


Similar Companies

Share Price & News

How has Freight Management Holdings Bhd's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: FREIGHT is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 12% a week.

Volatility Over Time: FREIGHT's weekly volatility (12%) has been stable over the past year, but is still higher than 75% of MY stocks.


Market Performance


7 Day Return

1.5%

FREIGHT

2.8%

MY Shipping

1.3%

MY Market


1 Year Return

208.9%

FREIGHT

-5.2%

MY Shipping

28.1%

MY Market

Return vs Industry: FREIGHT exceeded the MY Shipping industry which returned -5.2% over the past year.

Return vs Market: FREIGHT exceeded the MY Market which returned 28.1% over the past year.


Shareholder returns

FREIGHTIndustryMarket
7 Day1.5%2.8%1.3%
30 Day18.8%1.3%0.5%
90 Day68.5%5.5%3.6%
1 Year229.4%208.9%-0.9%-5.2%31.9%28.1%
3 Year118.5%84.5%13.8%-0.05%0.4%-8.9%
5 Year109.1%62.9%-4.8%-23.2%13.2%-6.1%

Long-Term Price Volatility Vs. Market

How volatile is Freight Management Holdings Bhd's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Freight Management Holdings Bhd undervalued compared to its fair value and its price relative to the market?

24.98x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: FREIGHT (MYR1.39) is trading above our estimate of fair value (MYR1.36)

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


Price To Earnings Ratio

PE vs Industry: FREIGHT is poor value based on its PE Ratio (25x) compared to the XA Shipping industry average (13.1x).

PE vs Market: FREIGHT is poor value based on its PE Ratio (25x) compared to the MY market (20.4x).


Price to Earnings Growth Ratio

PEG Ratio: FREIGHT is poor value based on its PEG Ratio (1.2x)


Price to Book Ratio

PB vs Industry: FREIGHT is overvalued based on its PB Ratio (1.3x) compared to the MY Shipping industry average (1x).


Future Growth

How is Freight Management Holdings Bhd forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

21.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: FREIGHT's forecast earnings growth (21.3% per year) is above the savings rate (3.7%).

Earnings vs Market: FREIGHT's earnings (21.3% per year) are forecast to grow faster than the MY market (16.5% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: FREIGHT's revenue (4.5% per year) is forecast to grow slower than the MY market (7.5% per year).

High Growth Revenue: FREIGHT's revenue (4.5% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: FREIGHT's Return on Equity is forecast to be low in 3 years time (9.3%).


Past Performance

How has Freight Management Holdings Bhd performed over the past 5 years?

-11.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FREIGHT has high quality earnings.

Growing Profit Margin: FREIGHT's current net profit margins (2.7%) are higher than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: FREIGHT's earnings have declined by 11% per year over the past 5 years.

Accelerating Growth: FREIGHT's earnings growth over the past year (21.5%) exceeds its 5-year average (-11% per year).

Earnings vs Industry: FREIGHT earnings growth over the past year (21.5%) exceeded the Shipping industry 1.3%.


Return on Equity

High ROE: FREIGHT's Return on Equity (5.4%) is considered low.


Financial Health

How is Freight Management Holdings Bhd's financial position?


Financial Position Analysis

Short Term Liabilities: FREIGHT's short term assets (MYR214.4M) exceed its short term liabilities (MYR103.8M).

Long Term Liabilities: FREIGHT's short term assets (MYR214.4M) exceed its long term liabilities (MYR88.9M).


Debt to Equity History and Analysis

Debt Level: FREIGHT's debt to equity ratio (19.4%) is considered satisfactory.

Reducing Debt: FREIGHT's debt to equity ratio has reduced from 39.1% to 19.4% over the past 5 years.

Debt Coverage: FREIGHT's debt is well covered by operating cash flow (67.1%).

Interest Coverage: FREIGHT's interest payments on its debt are well covered by EBIT (6.4x coverage).


Balance Sheet


Dividend

What is Freight Management Holdings Bhd current dividend yield, its reliability and sustainability?

2.88%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: FREIGHT's dividend (2.88%) is higher than the bottom 25% of dividend payers in the MY market (1.3%).

High Dividend: FREIGHT's dividend (2.88%) is low compared to the top 25% of dividend payers in the MY market (3.98%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (71.9%), FREIGHT's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: FREIGHT's dividends in 3 years are forecast to be covered by earnings (63.2% payout ratio).


Next Steps

Management

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

4.4yrs

Average management tenure


CEO

Chong Chew (59 yo)

no data

Tenure

RM59,000

Compensation

Mr. Chew Chong Keat is a Co-founder of Freight Management Holdings Bhd and serves as its Group Managing Director. Mr. Chew was instrumental in expanding Freight Management Holdings from a small sea freight...


Leadership Team

Experienced Management: FREIGHT's management team is considered experienced (4.4 years average tenure).


Board Members

Experienced Board: FREIGHT's board of directors are considered experienced (8.8 years average tenure).


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

Freight Management Holdings Bhd's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Freight Management Holdings Bhd
  • Ticker: FREIGHT
  • Exchange: KLSE
  • Founded: 1988
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: RM388.119m
  • Shares outstanding: 279.22m
  • Website: https://www.fmgloballogistics.com

Number of Employees


Location

  • Freight Management Holdings Bhd
  • Wisma Freight Management
  • Lot 37, Lebuh Sultan Mohamed 1
  • Port Klang
  • Selangor
  • 42000
  • Malaysia

Listings


Biography

Freight Management Holdings Bhd provides international multimodal freight services in Malaysia, Australia, Indonesia, Thailand, the United Arab Emirates, Vietnam, India, Sri Lanka, the United States, the P...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/11 11:05
End of Day Share Price2021/04/09 00:00
Earnings2020/12/31
Annual Earnings2020/06/30


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.