5087 MYCRON | Malaysia

MYCRON STEEL BHD

RM 0.52 on: 2021-01-28

0% Past 1-day return
-2.8% Past 5-day return

Steel


Price/Valuation Analysis
Current Price Status
  • Stock is in Momentum

    Stock is currently overvalued by the market with the expectation of annual earning growth at 279.69% 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
  • MYCRON current price is 173.68% 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
  • Underperformed
    MYCRON past 5-day return lagged behind the Steel industry average return by 0.71%
  • Below 30-Day Average
    Current price RM0.52 is below 30-day average RM0.54 by 3.8%

Return (%) MYCRON Steel
1-Day0% 0%
5-Day-2.8% -2.09%
30-Day+23.81% +7.12%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Potential Better Revenue Growth

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

  • Continued Losing Money

    MYCRON has been losing money in the 3 of the past 5 quarters.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
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%
2019-09-30 183,963k +21% 0.0013 0%
Volume Trend Analysis
  • Recent Volume is Decreasing

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

  • MYCRON recent daily traded volume is -62.96% lower than past month average.

Past 30-Day Past 5-Day
54k daily20k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.54
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.