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LITR

Lingkaran Trans Kota Holdings Berhad KLSE:LITRAK Stock Report

Last Price

RM4.97

Market Cap

RM2.7b

7D

0.6%

1Y

31.1%

Updated

03 Oct, 2022

Data

Company Financials +
LITRAK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth4/6
Past Performance1/6
Financial Health6/6
Dividends5/6

LITRAK Stock Overview

Lingkaran Trans Kota Holdings Berhad, an investment holding company, engages in the design, construction, operation, management, and maintenance of Lebuhraya Damansara- Puchong and Western Kuala Lumpur Traffic Dispersal Scheme highway in Malaysia.

Lingkaran Trans Kota Holdings Berhad Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Lingkaran Trans Kota Holdings Berhad
Historical stock prices
Current Share PriceRM4.97
52 Week HighRM4.97
52 Week LowRM3.55
Beta0.45
1 Month Change2.47%
3 Month Change3.76%
1 Year Change31.14%
3 Year Change12.44%
5 Year Change-13.26%
Change since IPO84.53%

Recent News & Updates

Apr 05
Lingkaran Trans Kota Holdings Berhad (KLSE:LITRAK) Has More To Do To Multiply In Value Going Forward

Lingkaran Trans Kota Holdings Berhad (KLSE:LITRAK) Has More To Do To Multiply In Value Going Forward

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. Ideally, a...

Shareholder Returns

LITRAKMY InfrastructureMY Market
7D0.6%-3.4%-2.0%
1Y31.1%-19.5%-11.6%

Return vs Industry: LITRAK exceeded the MY Infrastructure industry which returned -19.5% over the past year.

Return vs Market: LITRAK exceeded the MY Market which returned -11.6% over the past year.

Price Volatility

Is LITRAK's price volatile compared to industry and market?
LITRAK volatility
LITRAK Average Weekly Movement1.0%
Infrastructure Industry Average Movement2.7%
Market Average Movement5.3%
10% most volatile stocks in MY Market11.1%
10% least volatile stocks in MY Market2.5%

Stable Share Price: LITRAK is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: LITRAK's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/an/aSazally Bin Saidihttps://www.litrak.com.my

Lingkaran Trans Kota Holdings Berhad, an investment holding company, engages in the design, construction, operation, management, and maintenance of Lebuhraya Damansara- Puchong and Western Kuala Lumpur Traffic Dispersal Scheme highway in Malaysia. It operates toll plazas located at Penchala, Petaling Jaya, Puchong Barat, Puchong Selatan, Damansara, Pantai, and Bukit Kiara. The company is also involved in the rental of software and related equipment.

Lingkaran Trans Kota Holdings Berhad Fundamentals Summary

How do Lingkaran Trans Kota Holdings Berhad's earnings and revenue compare to its market cap?
LITRAK fundamental statistics
Market CapRM2.69b
Earnings (TTM)RM160.21m
Revenue (TTM)RM400.93m

16.8x

P/E Ratio

6.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LITRAK income statement (TTM)
RevenueRM400.93m
Cost of RevenueRM34.95m
Gross ProfitRM365.98m
Other ExpensesRM205.77m
EarningsRM160.21m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.30
Gross Margin91.28%
Net Profit Margin39.96%
Debt/Equity Ratio0.0%

How did LITRAK perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

50%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

LITRAK 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/Revenue6.6x
Enterprise Value/EBITDA9.4x
PEG Ratio1x

Price to Earnings Ratio vs Peers

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

LITRAK PE Ratio vs Peers
The above table shows the PE ratio for LITRAK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average19.1x
BIPORT Bintulu Port Holdings Berhad
6.3x-30.2%RM2.4b
WPRTS Westports Holdings Berhad
14.2x9.2%RM10.5b
SURIA Suria Capital Holdings Berhad
10.2x8.4%RM356.2m
HEXTECH Hextar Technologies Solutions Berhad
45.7xn/aRM591.8m
LITRAK Lingkaran Trans Kota Holdings Berhad
16.8x16.9%RM2.7b

Price-To-Earnings vs Peers: LITRAK is good value based on its Price-To-Earnings Ratio (16.8x) compared to the peer average (19.1x).


Price to Earnings Ratio vs Industry

How does LITRAK's PE Ratio compare vs other companies in the Asian Infrastructure Industry?

Price-To-Earnings vs Industry: LITRAK is expensive based on its Price-To-Earnings Ratio (16.8x) compared to the Asian Infrastructure industry average (11.9x)


Price to Earnings Ratio vs Fair Ratio

What is LITRAK'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.

LITRAK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.8x
Fair PE Ratio20.5x

Price-To-Earnings vs Fair Ratio: LITRAK is good value based on its Price-To-Earnings Ratio (16.8x) compared to the estimated Fair Price-To-Earnings Ratio (20.5x).


Share Price vs Fair Value

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

Below Fair Value: LITRAK (MYR4.97) is trading below our estimate of fair value (MYR12.71)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Lingkaran Trans Kota Holdings Berhad forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

4/6

Future Growth Score 4/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


16.9%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LITRAK's forecast earnings growth (16.9% per year) is above the savings rate (3.6%).

Earnings vs Market: LITRAK's earnings (16.9% per year) are forecast to grow faster than the MY market (9.6% per year).

High Growth Earnings: LITRAK's earnings are forecast to grow, but not significantly.

Revenue vs Market: LITRAK's revenue (5.1% per year) is forecast to grow faster than the MY market (4.8% per year).

High Growth Revenue: LITRAK's revenue (5.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: LITRAK's Return on Equity is forecast to be high in 3 years time (20.4%)


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Past Performance

How has Lingkaran Trans Kota Holdings Berhad performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-7.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: LITRAK has high quality earnings.

Growing Profit Margin: LITRAK's current net profit margins (40%) are lower than last year (53.6%).


Past Earnings Growth Analysis

Earnings Trend: LITRAK's earnings have declined by 7% per year over the past 5 years.

Accelerating Growth: LITRAK's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: LITRAK had negative earnings growth (-8.4%) over the past year, making it difficult to compare to the Infrastructure industry average (0.5%).


Return on Equity

High ROE: LITRAK's Return on Equity (12.4%) is considered low.


Discover strong past performing companies

Financial Health

How is Lingkaran Trans Kota Holdings Berhad's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: LITRAK's short term assets (MYR1.5B) exceed its short term liabilities (MYR416.7M).

Long Term Liabilities: LITRAK's short term assets (MYR1.5B) exceed its long term liabilities (MYR506.0K).


Debt to Equity History and Analysis

Debt Level: LITRAK is debt free.

Reducing Debt: LITRAK has no debt compared to 5 years ago when its debt to equity ratio was 144.7%.

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

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


Balance Sheet


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Dividend

What is Lingkaran Trans Kota Holdings Berhad current dividend yield, its reliability and sustainability?

Dividend Score

5/6

Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


6.04%

Current Dividend Yield

Dividend Yield vs Market

Lingkaran Trans Kota Holdings Berhad Dividend Yield vs Market
How does Lingkaran Trans Kota Holdings Berhad dividend yield compare to the market?
SegmentDividend Yield
Company (Lingkaran Trans Kota Holdings Berhad)6.0%
Market Bottom 25% (MY)2.1%
Market Top 25% (MY)5.3%
Industry Average (Infrastructure)4.4%
Analyst forecast in 3 Years (Lingkaran Trans Kota Holdings Berhad)5.0%

Notable Dividend: LITRAK's dividend (6.04%) is higher than the bottom 25% of dividend payers in the MY market (2.14%).

High Dividend: LITRAK's dividend (6.04%) is in the top 25% of dividend payers in the MY market (5.32%)


Stability and Growth of Payments

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

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


Earnings Payout to Shareholders

Earnings Coverage: With its reasonable payout ratio (50%), LITRAK's dividend payments are covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (59%), LITRAK's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

7.9yrs

Average board tenure


CEO

Sazally Bin Saidi (58 yo)

17.25yrs

Tenure

Encik Sazally Bin Saidi serves as the Chief Executive Officer of Lingkaran Trans Kota Holdings Bhd. Encik Bin Saidi served as a General Manager of Operations at Lingkaran Trans Kota Holdings Bhd. He joined...


Board Members

Experienced Board: LITRAK's board of directors are considered experienced (7.9 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

What is the ownership structure of LITRAK?
Owner TypeNumber of SharesOwnership Percentage
Private Companies328,4990.06%
Individual Insiders14,275,7442.6%
General Public69,523,75912.9%
Sovereign Wealth Funds110,955,05020.5%
Institutions115,379,26621.3%
Public Companies230,057,30042.6%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Top 25 shareholders own 87.1% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
42.56%
Gamuda Berhad
230,057,300MYR1.1b0%no data
20.53%
Permodalan Nasional Berhad
110,955,050MYR551.4m0%0.38%
6.21%
Employees Provident Fund of Malaysia
33,542,500MYR166.7m-18.57%0.11%
4.69%
Public Mutual Berhad
25,341,200MYR125.9m-2.87%0.83%
3.48%
Urusharta Jamaah Sdn Bhd
18,819,900MYR93.5m0.51%2.39%
2.8%
Eastspring Investments (Singapore) Limited
15,109,700MYR75.1m-12.35%0.08%
1.38%
Kumpulan Wang Persaraan
7,432,200MYR36.9m36.7%0.07%
0.99%
Khing Yii
5,353,922MYR26.6m0%no data
0.6%
Phillip Capital Management Sdn Bhd
3,221,100MYR16.0m0%23.05%
0.57%
Kian Aik Tan
3,094,300MYR15.4m0%no data
0.56%
Chin Ann Lim
3,000,000MYR14.9m0%no data
0.47%
Heng Goon
2,527,522MYR12.6m0%no data
0.37%
Bank Negara Malaysia National Trust Fund
1,995,500MYR9.9m-39.15%5.44%
0.36%
Lion Global Investors Limited
1,936,600MYR9.6m0%0.17%
0.35%
Dimensional Fund Advisors LP
1,899,155MYR9.4m-0.61%no data
0.34%
Lembaga Tabung Haji, Endowment Arm
1,835,800MYR9.1m29.89%0.09%
0.34%
UOB-OSK Asset Management Sdn. Bhd.
1,817,900MYR9.0m0%1.51%
0.16%
Schroder Investment Management Limited
867,300MYR4.3m0%no data
0.11%
State Street Global Advisors, Inc.
619,700MYR3.1m6.17%no data
0.061%
Irama Duta Sdn Bhd
328,499MYR1.6m0%no data
0.054%
Norges Bank Investment Management
293,811MYR1.5m0%no data
0.05%
Yusoff bin Daud
270,000MYR1.3m8%no data
0.036%
Principal Global Investors, LLC
193,200MYR960.2k0%no data
0.029%
Pacific Mutual Fund Bhd
156,600MYR778.3k0%0.52%
0.021%
Northern Trust Global Investments
113,400MYR563.6k0%no data

Company Information

Lingkaran Trans Kota Holdings Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Lingkaran Trans Kota Holdings Berhad
  • Ticker: LITRAK
  • Exchange: KLSE
  • Founded: NaN
  • Industry: Highways and Railtracks
  • Sector: Transportation
  • Implied Market Cap: RM2.686b
  • Shares outstanding: 540.52m
  • Website: https://www.litrak.com.my

Number of Employees


Location

  • Lingkaran Trans Kota Holdings Berhad
  • Kompleks Operasi LITRAK
  • 2nd Floor
  • Subang Jaya
  • Selangor
  • 47500
  • Malaysia


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LITRAKKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRDec 1996

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/10/03 00:00
End of Day Share Price2022/10/03 00:00
Earnings2022/06/30
Annual Earnings2022/03/31


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.