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LITR

Lingkaran Trans Kota Holdings BerhadKLSE:LITRAK Stock Report

Market Cap

RM2.0b

7D

-0.5%

1Y

-7.3%

Updated

24 Sep, 2021

Data

Company Financials +
LITRAK fundamental analysis
Snowflake Score
Valuation5/6
Future Growth4/6
Past Performance3/6
Financial Health6/6
Dividends5/6

LITRAK Overview

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

Price History & Performance

Summary of all time highs, changes and price drops for Lingkaran Trans Kota Holdings Berhad
Historical stock prices
Current Share PriceRM3.69
52 Week HighRM3.60
52 Week LowRM4.23
Beta0.58
1 Month Change-0.54%
3 Month Change-1.07%
1 Year Change-7.29%
3 Year Change-19.08%
5 Year Change-36.38%
Change since IPO37.00%

Recent News & Updates

Shareholder Returns

LITRAKMY InfrastructureMY Market
7D-0.5%-0.8%-0.7%
1Y-7.3%27.6%6.2%

Return vs Industry: LITRAK underperformed the MY Infrastructure industry which returned 27.6% over the past year.

Return vs Market: LITRAK underperformed the MY Market which returned 6.2% over the past year.

Price Volatility

Is LITRAK's price volatile compared to industry and market?
LITRAK volatility
LITRAK Beta0.58
Industry Beta0.66
Market Beta1

Stable Share Price: LITRAK is less volatile than 75% of MY stocks over the past 3 months, typically moving +/- 2% a week.

Volatility Over Time: LITRAK's weekly volatility (2%) 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 highway in Malaysia. It operates toll plazas located at Penchala, Petaling Jaya, Puchong Barat, and Puchong Selatan. 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 CapRM1.97b
Earnings (TTM)RM216.49m
Revenue (TTM)RM413.17m

9.1x

P/E Ratio

4.8x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
LITRAK income statement (TTM)
RevenueRM413.17m
Cost of RevenueRM36.39m
Gross ProfitRM376.78m
ExpensesRM160.29m
EarningsRM216.49m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.41
Gross Margin91.19%
Net Profit Margin52.40%
Debt/Equity Ratio31.6%

How did LITRAK perform over the long term?

See historical performance and comparison

Dividends

5.4%

Current Dividend Yield

49%

Payout Ratio

Valuation

Is Lingkaran Trans Kota 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: LITRAK (MYR3.69) is trading below our estimate of fair value (MYR7.74)

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


Price To Earnings Ratio

PE vs Industry: LITRAK is good value based on its PE Ratio (9.1x) compared to the MY Infrastructure industry average (9.7x).

PE vs Market: LITRAK is good value based on its PE Ratio (9.1x) compared to the MY market (16.3x).


Price to Earnings Growth Ratio

PEG Ratio: LITRAK is good value based on its PEG Ratio (0.6x)


Price to Book Ratio

PB vs Industry: LITRAK is overvalued based on its PB Ratio (1.6x) compared to the MY Infrastructure industry average (1.5x).


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?

16.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: LITRAK's forecast earnings growth (16% per year) is above the savings rate (3.6%).

Earnings vs Market: LITRAK's earnings (16% per year) are forecast to grow faster than the MY market (10.8% per year).

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

Revenue vs Market: LITRAK's revenue (10.2% per year) is forecast to grow faster than the MY market (6.6% per year).

High Growth Revenue: LITRAK's revenue (10.2% 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 (20.9%)


Past Performance

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

1.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: LITRAK has high quality earnings.

Growing Profit Margin: LITRAK's current net profit margins (52.4%) are higher than last year (50.1%).


Past Earnings Growth Analysis

Earnings Trend: LITRAK's earnings have grown by 1.6% 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 (-2.2%) over the past year, making it difficult to compare to the Infrastructure industry average (10.3%).


Return on Equity

High ROE: LITRAK's Return on Equity (17.7%) is considered low.


Financial Health

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


Financial Position Analysis

Short Term Liabilities: LITRAK's short term assets (MYR554.2M) exceed its short term liabilities (MYR219.5M).

Long Term Liabilities: LITRAK's short term assets (MYR554.2M) exceed its long term liabilities (MYR402.7M).


Debt to Equity History and Analysis

Debt Level: LITRAK's debt to equity ratio (31.6%) is considered satisfactory.

Reducing Debt: LITRAK's debt to equity ratio has reduced from 181% to 31.6% over the past 5 years.

Debt Coverage: LITRAK's debt is well covered by operating cash flow (89.2%).

Interest Coverage: LITRAK's interest payments on its debt are well covered by EBIT (11.1x coverage).


Balance Sheet


Dividend

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

5.42%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: LITRAK's dividend (5.42%) is higher than the bottom 25% of dividend payers in the MY market (1.55%).

High Dividend: LITRAK's dividend (5.42%) is in the top 25% of dividend payers in the MY market (4.17%)


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.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (49.2%), LITRAK's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: LITRAK's dividends in 3 years are forecast to be well covered by earnings (47.9% payout ratio).


Next Steps

Management

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

12.1yrs

Average board tenure


CEO

Sazally Bin Saidi (57 yo)

16.17yrs

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 seasoned and experienced ( 12.1 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

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
  • Market Cap: RM1.966b
  • Shares outstanding: 532.87m
  • 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


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/24 15:31
End of Day Share Price2021/09/24 00:00
Earnings2021/06/30
Annual Earnings2021/03/31


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.