Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 34.69% to match current price.
Overvalued stock can be traded very volatile. If the earning growth momentum continue, overvalued stock can match into fair value, on the flip side, the downside risk can be huge if the stock is not meeting the market expectation.
Company is in Positive Earning
- EG current price is 8.65% above OneDelta estimated fair value.
The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.
Relative Price Performance
UnderperformedEG past 5-day return lagged behind the Electronics/Appliances industry average return by 2.43%
Above 30-Day AverageCurrent price RM0.565 is above than 30-day average RM0.56 by 0.9%
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Strong Positive Revenue Growth
EG has been achieving revenue growth for past 3 quarters by average +13%.
Unstable Profit Growth
EG has been experiencing substantial ups and downs on profit growth.
Past Quarter Reports
|Quarter Date||Revenue (RM)||(%)||EPS (RM)||(%)|
Volume Trend Analysis
Recent Volume is Increasing
Surge in trading volume tends to bring more price volatility in near term.
EG recent daily traded volume is 53.33% higher than past month average.
|Past 30-Day||Past 5-Day|
|15k daily||23k daily|
Price History Chart
Past 30-day Average Price: RM0.56
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stocks that achieved more than two quarters of consecutive revenue growth
Market News & Investor Opinions
Stock Company Profile
EG INDUSTRIES BHD
EG Industries Bhd. is an investment holding company, which engages in the provision of management services. It operates through the Electronic Manufacturing Services and Original Equipment Manufacturer/Original Design Manufacturer for Electronic and Electrical Products; and Other Non-reportable segments. The Other Non-reportable segment comprises operations related to investment holding and research and development. The company was founded on August 14, 1991 and is headquartered in Sungai Petani, Malaysia.