8877 EKOVEST | Malaysia
EKOVEST BHD
RM 0.47 on: 2021-04-16
-1.05% Past 1-day return
-3.09% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 215.36% 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 not in Profit
Fair Value
- EKOVEST current price is 113.64% above OneDelta estimated fair value.
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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
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Underperformed
EKOVEST past 5-day return lagged behind the Engineering & Construction industry average return by 2.42% -
Below 30-Day Average
Current price RM0.47 is below 30-day average RM0.49 by 4.3%
| Return (%) | EKOVEST | Engineering & Construction |
|---|---|---|
| 1-Day | -1.05% | -0.08% |
| 5-Day | -3.09% | -0.67% |
| 30-Day | -3.09% | +0.07% |
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
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Recent Positive Revenue Growth
EKOVEST managed to achieve better revenue growth for past 2 quarters by average +39%.
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Unstable Profit Growth
EKOVEST has been experiencing substantial ups and downs on profit growth.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 358,948k | +14% | 0.0028 | -30% |
| 2020-09-30 | 313,768k | +63% | 0.004 | 0% |
| 2020-06-30 | 192,298k | -44% | -0.0203 | 0% |
| 2020-03-31 | 344,875k | -10% | 0.0032 | -71% |
| 2019-12-31 | 384,313k | +11% | 0.0109 | -54% |
Volume Trend Analysis
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Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
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EKOVEST recent daily traded volume is -42.86% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 147k daily | 84k daily |
Financials
Price History Chart
Past 30-day Average Price: RM0.49
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
Market News & Investor Opinions
Ekovest to acquire land in Pulai for RM944.62mil
Ekovest revives land purchase deal with IWH at lower price of RM945 million
Ekovest commits RM2.7bil investment to participate in Bandar Malaysia project
Ekovest back in the black thanks to resumption of business activities
Ekovest aims to transform into larger listed conglomerate
Ekovest given 30-day extension to finalise participation in IWC-CREC
Firm linked to MD raises stake in Ekovest via open-market share purchase
40% stake in IWH-CREC may cost Ekovest RM1.5b
Ekovest in exclusive talks to buy IWH's stake in Bandar Malaysia project
Ekovest to start exclusive talks to buy part of IWH's stake in Bandar Malaysia
Stock Company Profile
EKOVEST BHD
Ekovest Bhd. is an investment holding company, which engages in the provision of civil engineering and building works services. It operates through the following business segments: Construction Operations, Property Development, Toll Operations, and Others. The Construction Operations segment deals with the civil engineering, building works, project management services, and project coordinator. The Others segment comprises of investment holding, renewable energy activity, property investment, and sales of food and beverage. The company was founded by Kang Hoo Lim and Nang Seng Khoo on January 2, 1985 and is headquartered in Kuala Lumpur, Malaysia.