7113 TOPGLOV | Malaysia

TOP GLOVE CORPORATION BHD

RM 3.8 on: 2021-08-04

-0.52% Past 1-day return
-4.28% Past 5-day return

Bluechip Strong Profit Growth Strong Revenue Growth Covid19 Upside Face Mask Glove KLCI Component Medical Services


Price/Valuation Analysis
Current Price Status
  • Stock in Weak Growth Expectation

    Stock is currently in distressed situation that the market is pricing a worse than industry average negative annual earning growth.

    Stock in this situation can be good bargain if the stock beats the weak growth expectation or it can be long-term downtrend if the weak earning growth remains for a while.

  • Company is in Positive Earning
Fair Value
  • TOPGLOV current price is 18.68% 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
  • Underperformed
    TOPGLOV past 5-day return lagged behind the Medical Services industry average return by 2.34%
  • Below 30-Day Average
    Current price RM3.8 is below 30-day average RM4.02 by 5.8%

Return (%) TOPGLOV Medical Services
1-Day-0.52% -0.4%
5-Day-4.28% -1.94%
30-Day-14.61% -4.34%
Bank Analyst Price Targets
HLG
BUY
RM 6.66
PUBLIC
HOLD
RM 4.40
AmInvest
HOLD
RM 4.45
BUY
TRADING
RM 7.60
Revenue & Earning Growth Analysis
  • Strong Positive Revenue Growth

    TOPGLOV has been achieving revenue growth for past 5 quarters by average +38%.

  • Strong Positive Profit Growth

    TOPGLOV has been achieving EPS growth for past 5 quarters by average +66%.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2021-02-28 5,365,482k +13% 0.3577 +21%
2020-11-30 4,759,253k +53% 0.2964 +86%
2020-08-31 3,109,116k +84% 0.1595 +17%
2020-05-31 1,688,324k +37% 0.1359 +201%
2020-02-29 1,229,777k +2% 0.0452 +4%
Volume Trend Analysis
  • Recent Volume is Decreasing

    Decreasing trading volume tends to keep stock price range bound in near term.

  • TOPGLOV recent daily traded volume is -12.8% lower than past month average.

Past 30-Day Past 5-Day
211k daily184k daily
Financials
Price History Chart
Past 30-day Average Price: RM4.02
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
TOP GLOVE CORPORATION BHD

Top Glove Corp. Bhd. is an investment holding company, which engages in the manufacture and trading of rubber gloves. The company offers latex, nitrile, vinyl, surgical, household, cleanroom, cast polyethylene, industrial high risk, and thermoplastic elastomer gloves. It operates through the following geographical segments: Malaysia, Thailand, China, British Virgin Islands, and Others. The company was founded by Wee Chai Lim and Siew Bee Tong on July 9, 1991 and is headquartered in Shah Alam, Malaysia.