Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 36.59% 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
- ICONIC current price is 10% 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
UnderperformedICONIC past 5-day return lagged behind the Consumer Services industry average return by 0.12%
Below 30-Day AverageCurrent price RM0.44 is below 30-day average RM0.45 by 2.3%
|Return (%)||ICONIC||Consumer Services|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Recent Positive Revenue Growth
ICONIC managed to achieve better revenue growth for past 2 quarters by average +94%.
Unstable Profit Growth
ICONIC 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 Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
ICONIC recent daily traded volume is -41.18% lower than past month average.
|Past 30-Day||Past 5-Day|
|17k daily||10k daily|
Price History Chart
Past 30-day Average Price: RM0.45
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Market News & Investor Opinions
Stock Company Profile
ICONIC WORLDWIDE BERHAD
Iconic Worldwide Bhd. is an investment company, which engages in the provision of travel and tourism, property development, and general trading and other services. It operates through the Tourism and Others segments. The Tourism segment involves in the provision of inbound and outbound tours and ticketing services, transportation services, hospitality services and trading of souvenirs, pewterware, local cottage industry products, and other tourism related products. The Others segment comprises investment holding, trading, warehousing, mobile crane services, timber log trading, sawmilling, and manufacturing of downstream timber products. The company was founded on February 11, 1969 and is headquartered in Prai, Malaysia.