company background image
PTRA

Perak Transit BerhadKLSE:PTRANS Stock Report

Market Cap

RM403.1m

7D

-2.3%

1Y

-25.7%

Updated

23 Sep, 2021

Data

Company Financials +
PTRANS fundamental analysis
Snowflake Score
Valuation3/6
Future Growth1/6
Past Performance5/6
Financial Health4/6
Dividends4/6

PTRANS Overview

Perak Transit Berhad, an investment holding company, develops and operates an integrated public transportation terminals in Malaysia.

Price History & Performance

Summary of all time highs, changes and price drops for Perak Transit Berhad
Historical stock prices
Current Share PriceRM0.64
52 Week HighRM0.55
52 Week LowRM0.93
Beta1.3
1 Month Change4.96%
3 Month Change-2.31%
1 Year Change-25.73%
3 Year Change-28.25%
5 Year Changen/a
Change since IPO10.87%

Recent News & Updates

Shareholder Returns

PTRANSMY TransportationMY Market
7D-2.3%-4.0%-0.7%
1Y-25.7%25.6%6.2%

Return vs Industry: PTRANS underperformed the MY Transportation industry which returned 28.6% over the past year.

Return vs Market: PTRANS underperformed the MY Market which returned 6.1% over the past year.

Price Volatility

Is PTRANS's price volatile compared to industry and market?
PTRANS volatility
PTRANS Beta1.3
Industry Beta2.01
Market Beta1

Stable Share Price: PTRANS is not significantly more volatile than the rest of MY stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PTRANS's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2006298Kong Cheonghttps://www.peraktransit.com.my

Perak Transit Berhad, an investment holding company, develops and operates an integrated public transportation terminals in Malaysia. It operates Terminal Meru Raya and Terminal Kampar Putra Sentral, an integrated public transportation terminals; operates stage and express buses, as well as provides bus charter and advertising services; and provides transportation services. The company also operates petrol stations in Ipoh, Lahat, and Kuala Kangsar, Perak; provides management services for bus operations; and offers human resource management services, as well as engages in mining management operations.

Perak Transit Berhad Fundamentals Summary

How do Perak Transit Berhad's earnings and revenue compare to its market cap?
PTRANS fundamental statistics
Market CapRM403.06m
Earnings (TTM)RM52.01m
Revenue (TTM)RM140.67m

7.7x

P/E Ratio

2.9x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PTRANS income statement (TTM)
RevenueRM140.67m
Cost of RevenueRM36.49m
Gross ProfitRM104.18m
ExpensesRM52.17m
EarningsRM52.01m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)0.085
Gross Margin74.06%
Net Profit Margin36.97%
Debt/Equity Ratio42.6%

How did PTRANS perform over the long term?

See historical performance and comparison

Dividends

5.0%

Current Dividend Yield

28%

Payout Ratio

Does PTRANS pay a reliable dividends?

See PTRANS dividend history and benchmarks
When do you need to buy PTRANS by to receive an upcoming dividend?
Perak Transit Berhad dividend dates
Ex Dividend DateOct 29 2021
Dividend Pay DateNov 18 2021
Days until Ex dividend35 days
Days until Dividend pay date55 days

Does PTRANS pay a reliable dividends?

See PTRANS dividend history and benchmarks

Valuation

Is Perak Transit Berhad undervalued compared to its fair value and its price relative to the market?

7.75x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: PTRANS (MYR0.64) is trading above our estimate of fair value (MYR0.46)

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


Price To Earnings Ratio

PE vs Industry: PTRANS is good value based on its PE Ratio (7.7x) compared to the Asian Transportation industry average (15.9x).

PE vs Market: PTRANS is good value based on its PE Ratio (7.7x) compared to the MY market (16.1x).


Price to Earnings Growth Ratio

PEG Ratio: PTRANS is poor value based on its PEG Ratio (1.8x)


Price to Book Ratio

PB vs Industry: PTRANS is good value based on its PB Ratio (0.8x) compared to the MY Transportation industry average (1.3x).


Future Growth

How is Perak Transit Berhad forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

4.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PTRANS's forecast earnings growth (4.3% per year) is above the savings rate (3.6%).

Earnings vs Market: PTRANS's earnings (4.3% per year) are forecast to grow slower than the MY market (10.6% per year).

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

Revenue vs Market: PTRANS's revenue (5.9% per year) is forecast to grow slower than the MY market (6.5% per year).

High Growth Revenue: PTRANS's revenue (5.9% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PTRANS's Return on Equity is forecast to be low in 3 years time (12.5%).


Past Performance

How has Perak Transit Berhad performed over the past 5 years?

14.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTRANS has high quality earnings.

Growing Profit Margin: PTRANS's current net profit margins (37%) are higher than last year (32.8%).


Past Earnings Growth Analysis

Earnings Trend: PTRANS's earnings have grown by 14.3% per year over the past 5 years.

Accelerating Growth: PTRANS's earnings growth over the past year (38.6%) exceeds its 5-year average (14.3% per year).

Earnings vs Industry: PTRANS earnings growth over the past year (38.6%) exceeded the Transportation industry 9.9%.


Return on Equity

High ROE: PTRANS's Return on Equity (10.7%) is considered low.


Financial Health

How is Perak Transit Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: PTRANS's short term assets (MYR66.7M) exceed its short term liabilities (MYR62.0M).

Long Term Liabilities: PTRANS's short term assets (MYR66.7M) do not cover its long term liabilities (MYR189.6M).


Debt to Equity History and Analysis

Debt Level: PTRANS's debt to equity ratio (42.6%) is considered high.

Reducing Debt: PTRANS's debt to equity ratio has reduced from 72.3% to 42.6% over the past 5 years.

Debt Coverage: PTRANS's debt is well covered by operating cash flow (39.1%).

Interest Coverage: PTRANS's interest payments on its debt are well covered by EBIT (8.4x coverage).


Balance Sheet


Dividend

What is Perak Transit Berhad current dividend yield, its reliability and sustainability?

5.04%

Current Dividend Yield


Upcoming Dividend Payment

TodaySep 24 2021Ex Dividend DateOct 29 2021Dividend Pay DateNov 18 202120 days from Ex DividendBuy in the next 35 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: PTRANS's dividend (5.04%) is higher than the bottom 25% of dividend payers in the MY market (1.55%).

High Dividend: PTRANS's dividend (5.04%) is in the top 25% of dividend payers in the MY market (4.23%)


Stability and Growth of Payments

Stable Dividend: PTRANS has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: PTRANS's dividend payments have increased, but the company has only paid a dividend for 5 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (27.5%), PTRANS's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: PTRANS's dividends in 3 years are forecast to be well covered by earnings (38.7% payout ratio).


Next Steps

Management

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

6.1yrs

Average board tenure


CEO

Kong Cheong (61 yo)

no data

Tenure

RM95,920

Compensation

Mr. Kong Fitt Cheong serves as Managing Director at Perak Transit Berhad and has been its Director since September 5, 2008. Mr. Cheong commenced his career as a supervisor in Choong Sam Tin Mine in 1980. I...


CEO Compensation Analysis

Compensation vs Market: Kong's total compensation ($USD22.88K) is below average for companies of similar size in the MY market ($USD124.87K).

Compensation vs Earnings: Kong's compensation has been consistent with company performance over the past year.


Board Members

Experienced Board: PTRANS's board of directors are considered experienced (6.1 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

Perak Transit Berhad's employee growth, exchange listings and data sources


Key Information

  • Name: Perak Transit Berhad
  • Ticker: PTRANS
  • Exchange: KLSE
  • Founded: 2006
  • Industry: Trucking
  • Sector: Transportation
  • Market Cap: RM403.056m
  • Shares outstanding: 634.73m
  • Website: https://www.peraktransit.com.my

Number of Employees


Location

  • Perak Transit Berhad
  • E-6-2A, SOHO Ipoh 2
  • Jalan Sultan Idris Shah
  • Ipoh
  • Perak
  • 30000
  • Malaysia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 16:05
End of Day Share Price2021/09/23 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.