5165 HOKHENG | Malaysia
HOCK HENG STONE INDUSTRIES BHD
RM 0.58 on: 2020-09-04
0% Past 1-day return
-6.45% 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 257.78% 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
- HOKHENG current price is 480% 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
HOKHENG past 5-day return lagged behind the Construction Materials industry average return by 11.09% -
Above 30-Day Average
Current price RM0.58 is above than 30-day average RM0.49 by 18.4%
| Return (%) | HOKHENG | Construction Materials |
|---|---|---|
| 1-Day | 0% | -0.07% |
| 5-Day | -6.45% | +4.64% |
| 30-Day | +28.89% | +12.04% |
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
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Continued Drop in Revenue
HOKHENG has been dropping revenue for past 3 quarters by average -26%.
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Continued Losing Money
HOKHENG has been losing money in the 5 of the past 5 quarters.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-06-30 | 2,808k | -12% | -0.0033 | 0% |
| 2020-03-31 | 3,175k | -21% | -0.008 | 0% |
| 2019-12-31 | 4,014k | -47% | -0.0485 | 0% |
| 2019-09-30 | 7,555k | +19% | -0.0032 | 0% |
| 2019-06-30 | 6,371k | +3% | -0.011 | 0% |
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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HOKHENG recent daily traded volume is -6.45% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 31k daily | 29k 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.
Declining Revenue
Stocks that recorded more than two quarters of consecutive revenue decline
Losing Money
Stocks that has more than two consecutive money-losing quarters
Low Volume/Liquidity
Stocks that have little trading volume on usual market time
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
Stock Company Profile
HOCK HENG STONE INDUSTRIES BHD
Hock Heng Stone Industries Bhd. operates as an investment holding company, which engages in the manufacture, sale, distribution, and trade of dimension stones and related products. It operates through the following segments: Sales of Goods, Construction, and Development Properties. The Sales of Goods segment manufactures and sells dimension stones and related products. The Construction segment supplies and installs dimension stones and related products for projects secured. The Development Properties segment involves the development of properties. The company was founded on November 28, 2008 and is headquartered in Batu Berendam, Malaysia.