8702 TEXCHEM | Malaysia

TEXCHEM RESOURCES BHD

RM 1.06 on: 2021-04-16

-4.5% Past 1-day return
+9.84% Past 5-day return

Wholesale Distributors


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 194.75% 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
  • TEXCHEM current price is 96.3% 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
    TEXCHEM past 5-day return perform better than Wholesale Distributors industry average return by 9.72%
  • Above 30-Day Average
    Current price RM1.06 is above than 30-day average RM0.85 by 24.7%

Return (%) TEXCHEM Wholesale Distributors
1-Day-4.5% +0.09%
5-Day+9.84% +0.12%
30-Day+46.21% +9.88%
Bank Analyst Price Targets
AmInvest
BUY
RM 0.67
Revenue & Earning Growth Analysis
  • Cyclical Revenue Growth

    TEXCHEM recorded various revenue growth in different quarters with no clear growth direction.

  • Unstable Profit Growth

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


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-12-31 270,254k -6% 0.0792 +31%
2020-09-30 287,564k +38% 0.0604 0%
2020-06-30 208,233k -17% -0.1034 0%
2020-03-31 251,697k -13% -0.0575 0%
2019-12-31 290,042k +2% -0.0072 0%
Volume Trend Analysis
  • Recent Volume is Increasing

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

  • TEXCHEM recent daily traded volume is 76.19% higher than past month average.

Past 30-Day Past 5-Day
21k daily37k daily
Financials
Price History Chart
Past 30-day Average Price: RM0.85
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
TEXCHEM RESOURCES BHD

Texchem Resources Bhd. operates as an investment holding company, which engages in the trading of dyestuffs, textile auxiliaries, and chemicals. It operates through the following segments: Industrial, Restaurant, Polymer Engineering, Food, and Venture Business. The company was founded on August 29, 1973 and is headquartered in Penang, Malaysia.