0010 IRIS | Malaysia
IRIS CORPORATION BHD
RM 0.33 on: 2021-04-16
-1.49% Past 1-day return
-2.94% 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 166.13% 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
- IRIS current price is 65% 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
IRIS past 5-day return lagged behind the Electronic Equipment industry average return by 1.98% -
Below 30-Day Average
Current price RM0.33 is below 30-day average RM0.34 by 3%
| Return (%) | IRIS | Electronic Equipment |
|---|---|---|
| 1-Day | -1.49% | -0.56% |
| 5-Day | -2.94% | -0.96% |
| 30-Day | +1.54% | +4.81% |
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
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Continued Drop in Revenue
IRIS has been dropping revenue for past 5 quarters by average -20%.
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Continued Losing Money
IRIS has been losing money in the 4 of the past 5 quarters.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 21,036k | -5% | -0.0002 | 0% |
| 2020-09-30 | 22,207k | -8% | -0.0008 | 0% |
| 2020-06-30 | 24,153k | -41% | -0.001 | 0% |
| 2020-03-31 | 41,153k | -6% | -0.0021 | 0% |
| 2019-12-31 | 43,719k | -39% | 0.0002 | -94% |
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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IRIS recent daily traded volume is -39.3% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 369k daily | 224k daily |
Financials
Price History Chart
Past 30-day Average Price: RM0.34
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
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
NIIS seen as game changer for Iris
Robin Tan sells 1.72% stake in Iris, remains second biggest shareholder
Iris slips 5.75%, most active on Bursa
Iris Corp secures RM1.16bil job
Iris bags RM1.16bil NIIS contract
Iris secures RM1.16b immigration system contract
Iris showing signs of attempting to stage a reversal, says RHB Retail Research
Iris corners US$27.5mil project in India
Iris Corp among most active in morning trade
Iris receives LOI to participate in India e-passport project
Stock Company Profile
IRIS CORPORATION BHD
IRIS Corp. Bhd. provides trusted identification products and solutions. It provide solutions for eID, ePassport, automated border control, multiple credential identity management ecosystems, and payment systems for financial and transportation industries. The company was founded by Say Jim Tan, Kwee Hiang Lee, and Hock Eng Yap on May 31, 1994 and is headquartered in Kuala Lumpur, Malaysia.