5087 MYCRON | Malaysia

MYCRON STEEL BHD

RM 0.555 on: 2021-08-04

-0.89% Past 1-day return
-4.31% Past 5-day return

Steel


Price/Valuation Analysis
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
Fair Value
  • MYCRON current price is 63.96% 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
  • Underperformed
    MYCRON past 5-day return lagged behind the Steel industry average return by 3.52%
  • Below 30-Day Average
    Current price RM0.555 is below 30-day average RM0.59 by 6.3%

Return (%) MYCRON Steel
1-Day-0.89% -0.41%
5-Day-4.31% -0.79%
30-Day-15.91% -8.92%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Recent Positive Revenue Growth

    MYCRON managed to achieve better revenue growth for past 2 quarters by average +47%.

  • Potential Better Profit Growth

    MYCRON posted a better profit growth than average in the recent quarter.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-12-31 195,831k +26% 0.0456 +283%
2020-09-30 156,004k +69% 0.0119 0%
2020-06-30 92,221k -37% -0.0134 0%
2020-03-31 145,938k -16% -0.0107 0%
2019-12-31 173,979k -5% -0.0095 0%
Volume Trend Analysis
  • Recent Volume is Decreasing

    Decreasing trading volume tends to keep stock price range bound in near term.

  • Low Volume/Liquidity Stock

    Only RM74k 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.

  • MYCRON recent daily traded volume is -50% lower than past month average.

Past 30-Day Past 5-Day
4k daily2k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.59
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
Stock Company Profile
MYCRON STEEL BHD

Mycron Steel Bhd. is an investment holding company, which engages in the manufacturing and trading of steel products. It operates through the following segments: Cold Rolled Coil, Steel Tube, and Others. The Cold Rolled segment manufactures and distributes cold rolled coils. The Steel Tube segment produces and sells steel pipes and tubes. The Others segment pertains to investment holding and trading firms. The company was founded on July 24, 2003 and is headquartered in Shah Alam, Malaysia.