0216 SPRING | Malaysia


RM 0.23 on: 2021-12-03

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

Home Furnishings

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 39.22% 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
Fair Value
  • SPRING current price is 9.52% 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
  • Outperformed
    SPRING past 5-day return perform better than Home Furnishings industry average return by 1.39%
  • Below 30-Day Average
    Current price RM0.23 is below 30-day average RM0.25 by 8.7%

Return (%) SPRING Home Furnishings
1-Day0% 0%
5-Day0% -1.39%
30-Day-6.12% -8.14%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • High Volatile Revenue Growth

    SPRING experienced high unstable ups & downs on revenue growth for past 4 quarters with average 75% range on both sides.

  • Recent Positive Profit Growth

    SPRING managed to achieve better profit growth on the past 2 quarters by average +883%.

Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-12-31 15,335k -11% 0.0103 +41%
2020-09-30 17,303k +210% 0.0073 +1725%
2020-06-30 5,580k -66% 0.0004 -92%
2020-03-31 16,195k -6% 0.0049 +2%
2019-12-31 17,285k +5% 0.0048 -81%
Volume Trend Analysis
  • Recent Volume is Increasing

    Surge in trading volume tends to bring more price volatility in near term.

  • Low Volume/Liquidity Stock

    Only RM10k 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.

  • SPRING recent daily traded volume is 100% higher than past month average.

Past 30-Day Past 5-Day
1k daily2k daily
Price History Chart
Past 30-day Average Price: RM0.25
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

Spring Art Holdings Bhd. operates as an investment holding company. The firm manufactures ready-to-assemble furniture products. It also engages in the design, development, manufacture and sale of office furniture, bedroom furniture, living room furniture and all other types of furniture. The company was founded in 1996 and is headquartered in Muar, Malaysia.