Current Price Status
Stock in Weak Growth Expectation
Stock is currently in distressed situation that the market is pricing a worse than industry average negative annual earning growth.
Stock in this situation can be good bargain if the stock beats the weak growth expectation or it can be long-term downtrend if the weak earning growth remains for a while.
Company is in Positive Earning
- ENGTEX current price is 48.48% below 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
OutperformedENGTEX past 5-day return perform better than Wholesale Distributors industry average return by 1.15%
Above 30-Day AverageCurrent price RM0.66 is above than 30-day average RM0.64 by 3.1%
|Return (%)||ENGTEX||Wholesale Distributors|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Recent Positive Revenue Growth
ENGTEX managed to achieve better revenue growth for past 2 quarters by average +60%.
Unstable Profit Growth
ENGTEX 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.
Low Volume/Liquidity Stock
Only RM115k worth of stock was traded for this stock past month. Low liquidity stock is danger for price manipulation and more difficult to sell at market price.
ENGTEX recent daily traded volume is 83.33% higher than past month average.
|Past 30-Day||Past 5-Day|
|6k daily||11k daily|
Price History Chart
Past 30-day Average Price: RM0.64
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.
Stock Company Profile
ENGTEX GROUP BHD
Engtex Group Bhd. is an investment holding company. It operates through the following business segments: Wholesale and distribution, Manufacturing, Property Development and Hospitality. The Wholesale and distribution segment includes wholesale and distribution of pipes, valves, fittings, plumbing materials, steel related products, general hardware products, construction materials and engineering tools. The Manufacturing segment segments includes manufacturing and sale of steel and ductile iron pipes and fittings, valves, manhole covers, hydrants, industrial casting products, welded wire mesh, hard-drawn wire, bitumen products and other related products. The Property development segment includes property development activities. The Hospitality segment provides guests a comfortable and functional stay. The company was founded on December 31, 1983 and is headquartered in Sungai Buloh, Malaysia.