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HARB

Harbour-Link Group BerhadKLSE:HARBOUR Stock Report

Market Cap

RM589.9m

7D

-5.7%

1Y

225.3%

Updated

19 Oct, 2021

Data

Company Financials
HARBOUR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends0/6

HARBOUR Overview

Harbour-Link Group Berhad, an investment holding company, operates in the shipping, logistics, engineering, and construction industries in Malaysia, Singapore and internationally.

Harbour-Link Group Berhad Competitors

Freight Management Holdings Bhd

KLSE:FREIGHT

RM524.9m

TASCO Berhad

KLSE:TASCO

RM1.0b

CJ Century Logistics Holdings Berhad

KLSE:CJCEN

RM314.0m

Complete Logistic Services Berhad

KLSE:COMPLET

RM240.0m

Price History & Performance

Summary of all time highs, changes and price drops for Harbour-Link Group Berhad
Historical stock prices
Current Share PriceRM1.48
52 Week HighRM0.46
52 Week LowRM1.73
Beta0.64
1 Month Change46.54%
3 Month Change53.37%
1 Year Change225.27%
3 Year Change112.95%
5 Year Change57.45%
Change since IPO58.06%

Recent News & Updates

Sep 29
Harbour-Link Group Berhad (KLSE:HARBOUR) Seems To Use Debt Rather Sparingly

Harbour-Link Group Berhad (KLSE:HARBOUR) Seems To Use Debt Rather Sparingly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Jul 12
Harbour-Link Group Berhad (KLSE:HARBOUR) Will Want To Turn Around Its Return Trends

Harbour-Link Group Berhad (KLSE:HARBOUR) Will Want To Turn Around Its Return Trends

To find a multi-bagger stock, what are the underlying trends we should look for in a business? One common approach is...

Shareholder Returns

HARBOURMY ShippingMY Market
7D-5.7%3.4%1.3%
1Y225.3%15.6%8.7%

Return vs Industry: HARBOUR exceeded the MY Shipping industry which returned 14.1% over the past year.

Return vs Market: HARBOUR exceeded the MY Market which returned 8.2% over the past year.

Price Volatility

Is HARBOUR's price volatile compared to industry and market?
HARBOUR volatility
HARBOUR Beta0.64
Industry Beta0.32
Market Beta1

Stable Share Price: HARBOUR is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: HARBOUR's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of MY stocks.

About the Company

FoundedEmployeesCEOWebsite
19751,461Francis Yonghttps://www.harbour.com.my

Harbour-Link Group Berhad, an investment holding company, operates in the shipping, logistics, engineering, and construction industries in Malaysia, Singapore and internationally. The company operates through five segments: Investment holding, Shipping and Marine Services, Integrated Logistic, Engineering Works, and Property Development. Its integrated logistics services comprise land transportation and handling, freight forwarding, warehousing, and stevedoring; and equipment leasing and rental services for trucks, trailers, prime movers, forklifts, skymasters, cranes, tractors, and rollers.

Harbour-Link Group Berhad Fundamentals Summary

How do Harbour-Link Group Berhad's earnings and revenue compare to its market cap?
HARBOUR fundamental statistics
Market CapRM589.89m
Earnings (TTM)RM61.48m
Revenue (TTM)RM626.19m

9.6x

P/E Ratio

0.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
HARBOUR income statement (TTM)
RevenueRM626.19m
Cost of RevenueRM489.29m
Gross ProfitRM136.91m
ExpensesRM75.43m
EarningsRM61.48m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.15
Gross Margin21.86%
Net Profit Margin9.82%
Debt/Equity Ratio5.9%

How did HARBOUR perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

6%

Payout Ratio

Valuation

Is Harbour-Link Group 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: HARBOUR (MYR1.48) is trading below our estimate of fair value (MYR3.97)

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


Price To Earnings Ratio

PE vs Industry: HARBOUR is good value based on its PE Ratio (9.6x) compared to the MY Shipping industry average (18x).

PE vs Market: HARBOUR is good value based on its PE Ratio (9.6x) compared to the MY market (16.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: HARBOUR is overvalued based on its PB Ratio (1.2x) compared to the MY Shipping industry average (1.1x).


Future Growth

How is Harbour-Link Group Berhad forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

-20.7%

Forecasted Transportation 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 Harbour-Link Group 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 Harbour-Link Group Berhad performed over the past 5 years?

-6.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: HARBOUR has high quality earnings.

Growing Profit Margin: HARBOUR's current net profit margins (9.8%) are higher than last year (4.2%).


Past Earnings Growth Analysis

Earnings Trend: HARBOUR's earnings have declined by 6.5% per year over the past 5 years.

Accelerating Growth: HARBOUR's earnings growth over the past year (137.2%) exceeds its 5-year average (-6.5% per year).

Earnings vs Industry: HARBOUR earnings growth over the past year (137.2%) exceeded the Shipping industry 51.1%.


Return on Equity

High ROE: HARBOUR's Return on Equity (13.9%) is considered low.


Financial Health

How is Harbour-Link Group Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: HARBOUR's short term assets (MYR414.6M) exceed its short term liabilities (MYR133.7M).

Long Term Liabilities: HARBOUR's short term assets (MYR414.6M) exceed its long term liabilities (MYR53.4M).


Debt to Equity History and Analysis

Debt Level: HARBOUR's debt to equity ratio (5.9%) is considered satisfactory.

Reducing Debt: HARBOUR's debt to equity ratio has reduced from 20.3% to 5.9% over the past 5 years.

Debt Coverage: HARBOUR's debt is well covered by operating cash flow (275.5%).

Interest Coverage: HARBOUR's interest payments on its debt are well covered by EBIT (22.7x coverage).


Balance Sheet


Dividend

What is Harbour-Link Group Berhad current dividend yield, its reliability and sustainability?

0.67%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: HARBOUR's dividend (0.68%) isn’t notable compared to the bottom 25% of dividend payers in the MY market (1.49%).

High Dividend: HARBOUR's dividend (0.68%) is low compared to the top 25% of dividend payers in the MY market (4.12%).


Stability and Growth of Payments

Stable Dividend: HARBOUR is not paying a notable dividend for the MY market, therefore no need to check if payments are stable.

Growing Dividend: HARBOUR is not paying a notable dividend for the MY market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

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


Future Payout to Shareholders

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

7.2yrs

Average board tenure


CEO

Francis Yong (69 yo)

no data

Tenure

Mr. Piaw Soon Yong, also known as Francis, is Founder member of the Harbour Group. Mr. Yong serves as the Chairman and Managing Director of Harbour-Link Group Berhad. Mr. Yong is responsible for Harbour-Li...


Board Members

Experienced Board: HARBOUR's board of directors are considered experienced (7.2 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

Harbour-Link Group Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Harbour-Link Group Berhad
  • Ticker: HARBOUR
  • Exchange: KLSE
  • Founded: 1975
  • Industry: Marine
  • Sector: Transportation
  • Market Cap: RM589.894m
  • Shares outstanding: 398.58m
  • Website: https://www.harbour.com.my

Number of Employees


Location

  • Harbour-Link Group Berhad
  • Wisma Harbour
  • Parkcity Commerce Square
  • Bintulu
  • Sarawak
  • 97000
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/19 11:04
End of Day Share Price2021/10/18 00:00
Earnings2021/06/30
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.