0089 TEXCYCL | Malaysia

TEX CYCLE TECHNOLOGY (M) BHD

RM 0.43 on: 2021-01-22

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

Environmental Services


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 49.66% 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
  • TEXCYCL current price is 13.16% 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
    TEXCYCL past 5-day return lagged behind the Environmental Services industry average return by 1.22%
  • Above 30-Day Average
    Current price RM0.43 is above than 30-day average RM0.42 by 2.4%

Return (%) TEXCYCL Environmental Services
1-Day+1.18% -1.12%
5-Day-2.27% -1.05%
30-Day+4.88% +1%
Bank Analyst Price Targets
No recent bank analyst price target available yet
Revenue & Earning Growth Analysis
  • Potential Better Revenue Growth

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

  • Potential Better Profit Growth

    TEXCYCL posted a better profit growth than average in the recent quarter.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-09-30 6,503k +29% 0.0063 +85%
2020-06-30 5,036k -7% 0.0034 0%
2020-03-31 5,424k -23% -0.0019 0%
2019-12-31 7,081k -5% -0.0015 0%
2019-09-30 7,449k -8% 0.0079 -11%
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 RM111k 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 12.5% higher than past month average.

Past 30-Day Past 5-Day
8k daily9k daily
Financials
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.

Market News & Investor Opinions
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.