0138 MYEG | Malaysia

MY E.G. SERVICES BHD

RM 1.72 on: 2021-07-27

-2.27% Past 1-day return
+1.18% Past 5-day return

Midcap Strong Profit Growth Strong Revenue Growth Covid19 Upside Government Linked Companies Tech Boost Information Technology Services


Price/Valuation Analysis
Current Price Status
  • Stock is Under Pressure

    Market is pricing a weaker earning growth potential than the industry average.

    Undervalued stock can be true bargain buy if the stock is believed to be only under pressured for a short-term weak earning growth.

  • Company is in Positive Earning
Fair Value
  • MYEG current price is 26.16% 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
  • Outperformed
    MYEG past 5-day return perform better than Information Technology Services industry average return by 2.95%
  • Below 30-Day Average
    Current price RM1.72 is below 30-day average RM1.75 by 1.7%

Return (%) MYEG Information Technology Services
1-Day-2.27% -0.82%
5-Day+1.18% -1.77%
30-Day-10.42% -0.38%
Bank Analyst Price Targets
MACQUARIE
BUY
RM 2.43
AffinHwang
BUY
RM 2.70
BIMB
BUY
RM 3.00
MIDF
HOLD
RM 2.00
Revenue & Earning Growth Analysis
  • Strong Positive Revenue Growth

    MYEG has been achieving revenue growth for past 5 quarters by average +5%.

  • Strong Positive Profit Growth

    MYEG has been achieving EPS growth for past 3 quarters by average +9%.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-12-31 149,889k +10% 0.022 +10%
2020-09-30 136,096k +9% 0.02 +11%
2020-06-30 124,336k +2% 0.018 +6%
2020-03-31 121,741k +2% 0.017 -15%
2019-12-31 119,692k +0% 0.02 +18%
Volume Trend Analysis
  • Recent Volume is Decreasing

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

  • MYEG recent daily traded volume is -18.56% lower than past month average.

Past 30-Day Past 5-Day
97k daily79k daily
Financials
Price History Chart
Past 30-day Average Price: RM1.75
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.

Stock Company Profile
MY E.G. SERVICES BHD

My E.G. Services Bhd. is an investment holding company, which engages in the development and implementation of electronic government services project and provision of other related services. The company was founded by Thean Soon Wong on February 17, 2000 and is headquartered in Petaling Jaya, Malaysia.