TOCE

Transocean Holdings BhdKLSE:TOCEAN Stock Report

Market Cap

RM186.3m

7D

5.9%

1Y

726.0%

Updated

16 Sep, 2021

Data

Company Financials
TOCEAN fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance0/6
Financial Health4/6
Dividends0/6

TOCEAN Overview

Transocean Holdings Bhd., an investment holding company, provides transport and logistic services under the Transocean brand in Malaysia and Singapore.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: TOCEAN is more volatile than 75% of MY stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: TOCEAN's weekly volatility has decreased from 19% to 10% over the past year, but is still higher than 75% of MY stocks.


Market Performance


7 Day Return

5.9%

TOCEAN

0.06%

MY Logistics

-0.9%

MY Market


1 Year Return

726.0%

TOCEAN

24.4%

MY Logistics

6.1%

MY Market

Return vs Industry: TOCEAN exceeded the MY Logistics industry which returned 24.4% over the past year.

Return vs Market: TOCEAN exceeded the MY Market which returned 6.1% over the past year.


Shareholder returns

TOCEANIndustryMarket
7 Day5.9%0.06%-0.9%
30 Day7.0%0.3%2.7%
90 Day-7.4%-8.5%-0.7%
1 Year726.0%726.0%25.1%24.4%10.2%6.1%
3 Year624.6%624.6%-30.7%-32.6%1.6%-8.0%
5 Year986.8%986.8%-34.4%-38.0%12.1%-6.8%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Transocean Holdings Bhd Fundamentals Summary

How do Transocean Holdings Bhd's earnings and revenue compare to its market cap?
TOCEAN fundamental statistics
Market CapRM186.26m
Earnings (TTM)-RM2.13m
Revenue (TTM)RM18.51m

10.1x

P/S Ratio

-87.4x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TOCEAN income statement (TTM)
RevenueRM18.51m
Cost of RevenueRM7.78m
Gross ProfitRM10.73m
ExpensesRM12.86m
Earnings-RM2.13m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)-0.049
Gross Margin57.98%
Net Profit Margin-11.51%
Debt/Equity Ratio1.0%

How did TOCEAN perform over the long term?

See historical performance and comparison

Valuation

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

4.86x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate TOCEAN's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate TOCEAN's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: TOCEAN is unprofitable, so we can't compare its PE Ratio to the MY Logistics industry average.

PE vs Market: TOCEAN is unprofitable, so we can't compare its PE Ratio to the MY market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: TOCEAN is overvalued based on its PB Ratio (4.9x) compared to the MY Logistics industry average (1.2x).


Future Growth

How is Transocean Holdings Bhd forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

27.4%

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 Transocean Holdings Bhd 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 Transocean Holdings Bhd performed over the past 5 years?

-52.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TOCEAN is currently unprofitable.

Growing Profit Margin: TOCEAN is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: TOCEAN is unprofitable, and losses have increased over the past 5 years at a rate of 52.6% per year.

Accelerating Growth: Unable to compare TOCEAN's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: TOCEAN is unprofitable, making it difficult to compare its past year earnings growth to the Logistics industry (11.5%).


Return on Equity

High ROE: TOCEAN has a negative Return on Equity (-5.56%), as it is currently unprofitable.


Financial Health

How is Transocean Holdings Bhd's financial position?


Financial Position Analysis

Short Term Liabilities: TOCEAN's short term assets (MYR11.3M) exceed its short term liabilities (MYR4.5M).

Long Term Liabilities: TOCEAN's short term assets (MYR11.3M) exceed its long term liabilities (MYR2.8M).


Debt to Equity History and Analysis

Debt Level: TOCEAN's debt to equity ratio (1%) is considered satisfactory.

Reducing Debt: TOCEAN's debt to equity ratio has reduced from 12.4% to 1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: TOCEAN has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: TOCEAN has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.4% each year.


Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate TOCEAN's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate TOCEAN's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if TOCEAN's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if TOCEAN's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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

1.2yrs

Average management tenure


CEO

Transocean Holdings Bhd has no CEO, or we have no data on them.


Leadership Team

Experienced Management: TOCEAN's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

Experienced Board: TOCEAN's board of directors are considered experienced (5.8 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 been diluted in the past year, with total shares outstanding growing by 10%.


Top Shareholders

Company Information

Transocean Holdings Bhd.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Transocean Holdings Bhd.
  • Ticker: TOCEAN
  • Exchange: KLSE
  • Founded: 1977
  • Industry: Air Freight and Logistics
  • Sector: Transportation
  • Market Cap: RM186.256m
  • Shares outstanding: 45.10m
  • Website: https://www.transocean.com.my

Location

  • Transocean Holdings Bhd.
  • Lot 2955, 2956 & 2957
  • Jalan Perusahaan Sungai Lokan 3
  • Butterworth
  • Pulau Pinang
  • 13400
  • Malaysia

Listings


Biography

Transocean Holdings Bhd., an investment holding company, provides transport and logistic services under the Transocean brand in Malaysia and Singapore. It operates through Logistics Solution, Tyre Products...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 11:01
End of Day Share Price2021/09/15 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.