Current Price Status
Stock is Trading within Range
Stock is trading within the fundamental outlook of the company and the industry average performance. Market is currently pricing of annual earning growth better than the industry average.
Company is in Positive Earning
- TEXCYCL current price is 1.2% 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
UnderperformedTEXCYCL past 5-day return lagged behind the Environmental Services industry average return by 1.63%
Below 30-Day AverageCurrent price RM0.415 is below 30-day average RM0.42 by 1.2%
|Return (%)||TEXCYCL||Environmental Services|
Bank Analyst Price Targets
Revenue & Earning Growth Analysis
Recent Positive Revenue Growth
TEXCYCL managed to achieve better revenue growth for past 2 quarters by average +17%.
Unstable Profit Growth
TEXCYCL has been experiencing substantial ups and downs on profit growth.
Past Quarter Reports
|Quarter Date||Revenue (RM)||(%)||EPS (RM)||(%)|
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 RM40k 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.
TEXCYCL recent daily traded volume is -33.33% lower than past month average.
|Past 30-Day||Past 5-Day|
|3k daily||2k daily|
Price History Chart
Past 30-day Average Price: RM0.42
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
TEX CYCLE TECHNOLOGY (M) BHD
Tex Cycle Technology (M) Bhd. is an investment holding company, which engages in the environmentally friendly waste management business, which provides professional services preferred by companies from the various industries, mainly of the Electronics, Engineering, Automobile, Oil & Gas and Printing. It operates through the following segments: Investment Holding; Recovery and Recycling Services; Manufacturing; Trading; and Others. The Investment Holding segment represents investment activities in investment property and unquoted securities held by the group on a long-term basis. The Recovery and Recycling Services segment provides waste recovery and recycling services; and rental of recycled products. The Manufacturing segment manufactures and markets chemical products. The Trading segment sells chemicals and other products. The Others segment focuses on rental of investment property. The company was founded on February 17, 2004 and is headquartered in Port Klang, Malaysia.