0084 TECFAST | Malaysia

TECHFAST HOLDINGS BHD

RM 0.245 on: 2021-08-02

-5.77% Past 1-day return
-3.92% Past 5-day return

Manufacturing


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 104.46% 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
  • TECFAST current price is INF% 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
    TECFAST past 5-day return lagged behind the Manufacturing industry average return by 4.7%
  • Below 30-Day Average
    Current price RM0.245 is below 30-day average RM0.26 by 6.1%

Return (%) TECFAST Manufacturing
1-Day-5.77% -0.93%
5-Day-3.92% +0.78%
30-Day-15.52% -4.96%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Potential Better Revenue Growth

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

  • Unstable Profit Growth

    TECFAST has been experiencing substantial ups and downs on profit growth.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-12-31 12,464k +89% -0.0016 0%
2020-09-30 6,606k -9% 0.0037 -5%
2020-06-30 7,238k +6% 0.0039 +26%
2020-03-31 6,839k -12% 0.0031 -21%
2019-12-31 7,754k -6% 0.0039 -34%
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 RM197k 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.

  • TECFAST recent daily traded volume is -52% lower than past month average.

Past 30-Day Past 5-Day
25k daily12k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.26
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
TECHFAST HOLDINGS BHD

Techfast Holdings Bhd. engages in the manufacture and distribution of precision fasteners. It operates through the following segments: Manufacturing of self-clinching fasteners, electronic hardware and precision turned parts and Manufacturing of mould cleaning rubber sheets and LED epoxy encapsulant materials. The company was founded on April 5, 2004 and is headquartered in Shah Alam, Malaysia.