OTCPK:GEBH.F

Stock Analysis Report

Executive Summary

Genting Berhad, an investment holding company, engages in leisure and hospitality, oil palm plantations, power generation, oil and gas, property development, life sciences, and biotechnology businesses in Malaysia and internationally.


Snowflake Analysis

Solid track record with adequate balance sheet and pays a dividend.


Similar Companies

Share Price & News

How has Genting Berhad's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: GEBH.F has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

n/a

GEBH.F

0.09%

US Hospitality

0.06%

US Market


1 Year Return

n/a

GEBH.F

6.0%

US Hospitality

19.3%

US Market

Return vs Industry: Insufficient data to determine how GEBH.F performed against the US Hospitality industry.

Return vs Market: Insufficient data to determine how GEBH.F performed against the US Market.


Shareholder returns

GEBH.FIndustryMarket
7 Dayn/a0.09%0.06%
30 Dayn/a-1.3%1.7%
90 Dayn/a6.6%9.0%
1 Yearn/a8.7%6.0%21.8%19.3%
3 Yearn/a36.2%27.1%49.5%39.9%
5 Yearn/a48.1%32.4%73.1%54.1%

Price Volatility Vs. Market

How volatile is Genting Berhad's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

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

9.89x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: GEBH.F is good value based on its PE Ratio (9.9x) compared to the Hospitality industry average (23.6x).

PE vs Market: GEBH.F is good value based on its PE Ratio (9.9x) compared to the US market (18.5x).


Price to Earnings Growth Ratio

PEG Ratio: GEBH.F is poor value based on its PEG Ratio (2.5x)


Price to Book Ratio

PB vs Industry: GEBH.F is good value based on its PB Ratio (0.6x) compared to the US Hospitality industry average (2.2x).


Next Steps

Future Growth

How is Genting Berhad forecast to perform in the next 1 to 3 years based on estimates from 16 analysts?

3.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: GEBH.F's forecast earnings growth (3.9% per year) is above the savings rate (1.7%).

Earnings vs Market: GEBH.F's earnings (3.9% per year) are forecast to grow slower than the US market (14.2% per year).

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

Revenue vs Market: GEBH.F's revenue (5.8% per year) is forecast to grow slower than the US market (7.6% per year).

High Growth Revenue: GEBH.F's revenue (5.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: GEBH.F's Return on Equity is forecast to be low in 3 years time (5.9%).


Next Steps

Past Performance

How has Genting Berhad performed over the past 5 years?

1.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: GEBH.F has high quality earnings.

Growing Profit Margin: GEBH.F's current net profit margins (9.8%) are higher than last year (4.1%).


Past Earnings Growth Analysis

Earnings Trend: GEBH.F's earnings have grown by 1.9% per year over the past 5 years.

Accelerating Growth: GEBH.F's earnings growth over the past year (151.9%) exceeds its 5-year average (1.9% per year).

Earnings vs Industry: GEBH.F earnings growth over the past year (151.9%) exceeded the Hospitality industry -9.4%.


Return on Equity

High ROE: GEBH.F's Return on Equity (6.8%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Genting Berhad's financial position?


Financial Position Analysis

Short Term Liabilities: GEBH.F's short term assets (MYR37.9B) exceed its short term liabilities (MYR11.2B).

Long Term Liabilities: GEBH.F's short term assets (MYR37.9B) exceed its long term liabilities (MYR32.7B).


Debt to Equity History and Analysis

Debt Level: GEBH.F's debt to equity ratio (56.9%) is considered high.

Reducing Debt: GEBH.F's debt to equity ratio has increased from 23.8% to 56.9% over the past 5 years.

Debt Coverage: GEBH.F's debt is well covered by operating cash flow (21%).

Interest Coverage: GEBH.F's interest payments on its debt are well covered by EBIT (123.6x coverage).


Balance Sheet

Inventory Level: GEBH.F has a high level of physical assets or inventory.

Debt Coverage by Assets: GEBH.F's debt is covered by short term assets (assets are 1.1x debt).


Next Steps

Dividend

What is Genting Berhad's current dividend yield, its reliability and sustainability?

3.58%

Current Dividend Yield


Dividend Yield vs Market

company3.6%marketbottom25%1.4%markettop25%3.7%industryaverage3.1%forecastin3Years2.9%

Current dividend yield vs market & industry

Notable Dividend: GEBH.F's dividend (3.58%) is higher than the bottom 25% of dividend payers in the US market (1.44%).

High Dividend: GEBH.F's dividend (3.58%) is low compared to the top 25% of dividend payers in the US market (3.71%).


Stability and Growth of Payments

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

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


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.7%), GEBH.F's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: GEBH.F's dividends in 3 years are forecast to be well covered by earnings (25.6% payout ratio).


Next Steps

Management

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

9.3yrs

Average management tenure


CEO

Kok Thay Lim (67yo)

17.3yrs

Tenure

RM58,950,000

Compensation

Mr. Kok Thay Lim serves as a Deputy Chairman of the Board at Genting Plantations Berhad since January 1, 2019. He served as the Chief Executive Officer of Genting Plantations Berhad since February 28, 2008 ...


CEO Compensation Analysis

Compensation vs Market: Kok Thay's total compensation ($USD14.08M) is above average for companies of similar size in the US market ($USD6.36M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Kok Thay Lim
Chairman & CEO17.3yrsRM58.95m1.77% MYR88.7m
Keong Lim
Deputy CEO & Executive Director7.7yrsRM1.40mno data
Kong Tan
President12.6yrsno datano data
Yee Wong
Chief Financial Officer1.1yrsno datano data
Lee Goh
Senior Vice President of Legal0yrsno datano data
Robert Desalvio
President of Genting New York State0.2yrsno datano data
Bee Loh
Secretary11.8yrsno datano data
Tiong Ong
Chief Executive officer of Genting Energy Division0yrsno datano data

9.3yrs

Average Tenure

53yo

Average Age

Experienced Management: GEBH.F's management team is seasoned and experienced (9.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kok Thay Lim
Chairman & CEO17.3yrsRM58.95m1.77% MYR88.7m
Keong Lim
Deputy CEO & Executive Director7.7yrsRM1.40mno data
R. Thillainathan
Independent Non-Executive Director17.1yrsRM176.00k0.021% MYR1.0m
Swee Koid
Independent Non-Executive Director2.3yrsRM13.00kno data
Cheng Foong
Deputy Chairman1.1yrsRM120.00k0.00026% MYR13.0k
Manharlal Ratilal
Independent Non-Executive Director0.9yrsno datano data
Lip Ooi
Independent & Non-Executive Director0.9yrsno datano data

2.3yrs

Average Tenure

61yo

Average Age

Experienced Board: GEBH.F's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.


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

Genting Berhad's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Genting Berhad
  • Ticker: GEBH.F
  • Exchange: OTCPK
  • Founded: 1965
  • Industry: Casinos and Gaming
  • Sector: Consumer Services
  • Market Cap: RM20.986b
  • Listing Market Cap: RM5.014b
  • Shares outstanding: 3.85b
  • Website: https://www.genting.com

Number of Employees


Location

  • Genting Berhad
  • Wisma Genting
  • 24th Floor
  • Kuala Lumpur
  • 50250
  • Malaysia

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
GENTINGKLSE (Bursa Malaysia)YesOrdinary SharesMYMYRJan 1992
GEBH.FOTCPK (Pink Sheets LLC)YesOrdinary SharesUSUSDJan 1992
GEBH.YOTCPK (Pink Sheets LLC)SPONSORED ADRUSUSDMar 2000

Biography

Genting Berhad, an investment holding company, engages in leisure and hospitality, oil palm plantations, power generation, oil and gas, property development, life sciences, and biotechnology businesses in Malaysia and internationally. Its Leisure & Hospitality segment is involved in gaming, hotels, food and beverages, theme parks, retail, entertainment and attractions, and tours and travel related businesses; the development and operation of integrated resorts; and provision of other support services. The company’s Plantation segment engages in oil palm plantations, as well as palm oil milling and related activities. Its Power segment generates and supplies electric power. The company’s Property segment develops and invests in properties. Its Oil & Gas segment explores for, develops, and produces oil and gas. The company also offers offshore financing; advisory, technical, and administrative services to oil and gas companies; risk and insurance management consultancy services; issues private debt securities; and licenses intellectual property rights. In addition, it manufactures and sells biodiesel; and processes fresh fruit bunches. Further, the company provides project management, technical, and other management services; researches and develops technologies for genetic analysis and sequencing for oncology applications; and engages in rent-a-captive offshore insurance business. Additionally, it creates platform for early diagnosis and treatment of Alzheimer’s and other neurodegenerative diseases; and undertakes the collection, analysis, and testing of specimens, samples, and/or data for research and evaluation activities. It also engages in leasing of land rigs; provision of information technology services relating to the gaming and resort industry; and provision of international sales and marketing services, and corporate services. Genting Berhad was founded in 1965 and is headquartered in Kuala Lumpur, Malaysia. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/21 00:47
End of Day Share Price2020/01/21 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.