0208 GREATEC | Malaysia
GREATECH TECHNOLOGY BERHAD
RM 6.89 on: 2021-10-15
-0.14% Past 1-day return
-1.29% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is Shooting to the Moon
Stock is over-priced on the upper end by the market with the expectation of annual earning growth at 57.47% to match current price.
Stock in booming mode can be traded very volatile, price can swing largely day-to-day. While having big upside potential, the downside risk can be huge if the stock is not meeting the market expectation. -
Company is in Positive Earning
Fair Value
- GREATEC current price is 16.78% 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
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Underperformed
GREATEC past 5-day return lagged behind the Wholesale Distributors industry average return by 3.77% -
Below 30-Day Average
Current price RM6.89 is below 30-day average RM7.03 by 2%
| Return (%) | GREATEC | Wholesale Distributors |
|---|---|---|
| 1-Day | -0.14% | +0.77% |
| 5-Day | -1.29% | +2.48% |
| 30-Day | -3.64% | +3.05% |
Bank Analyst Price Targets
BUY
RM 7.70
BUY
RM 8.70
Revenue & Earning Growth Analysis
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Strong Positive Revenue Growth
GREATEC has been achieving revenue growth for past 3 quarters by average +14%.
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Recent Positive Profit Growth
GREATEC managed to achieve better profit growth on the past 2 quarters by average +27%.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 76,347k | +1% | 0.0455 | +23% |
| 2020-09-30 | 75,820k | +35% | 0.0371 | +32% |
| 2020-06-30 | 56,222k | +7% | 0.0282 | -4% |
| 2020-03-31 | 52,738k | -10% | 0.0295 | +15% |
| 2019-12-31 | 58,515k | +23% | 0.0256 | +24% |
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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GREATEC recent daily traded volume is -40% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 25k daily | 15k daily |
Financials
Price History Chart
Past 30-day Average Price: RM7.03
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
Greatech Q1 net profit jumps 152% as EV business lifts profit margin
Greatech says 1Q profit jumped 152%, remains optimistic about 2021
Prospects underpinned by growing customer base
Greatech prospects underpinned by growing customer base
Greatech climbs on first US purchase order
Greatech secures first US order
Greatech clinches first US order
Greatech to centralise Kedah manufacturing operations in Penang
Greatech fourth-quarter earnings up 77%
Greatech posts 77% jump in Q4 net profit
Stock Company Profile
GREATECH TECHNOLOGY BERHAD
Greatech Technology Bhd. is an investment holding company, which provides management services. The firm engages in the manufacture and sale of automated equipment together with provision of parts and services. It operates through the following geographical segments: India, Ireland, Malaysia, PRC, Philippines, Switzerland, USA, and Vietnam. The company was founded on March 5, 2018 and is headquartered in Bayan Lepas, Malaysia.