7113 TOPGLOV | Malaysia

TOP GLOVE CORPORATION BHD

RM 6.52 on: 2021-01-25

+4.32% Past 1-day return
+6.36% 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 is Under Pressure

    Market is pricing a weaker earning growth potential than the industry average.

    Undervalued stock can be true bargain buy if the stock is believed to be only under pressured for a short-term weak earning growth.

  • Company is in Positive Earning
Fair Value
  • TOPGLOV current price is 50.46% 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
  • Outperformed
    TOPGLOV past 5-day return perform better than Medical Services industry average return by 3.59%
  • Above 30-Day Average
    Current price RM6.52 is above than 30-day average RM6.31 by 3.3%

Return (%) TOPGLOV Medical Services
1-Day+4.32% +1.6%
5-Day+6.36% +2.77%
30-Day+1.72% +3.5%
Bank Analyst Price Targets
RHB-OSK
BUY
RM 8.45
JP
SELL
RM 3.50
CIMB
BUY
RM 8.90
HLG
BUY
RM 10.54
BUY
TRADING
RM 7.30
KENANGA
BUY
RM 10.68
Revenue & Earning Growth Analysis
  • Strong Positive Revenue Growth

    TOPGLOV has been achieving revenue growth for past 5 quarters by average +36%.

  • Strong Positive Profit Growth

    TOPGLOV has been achieving EPS growth for past 5 quarters by average +69%.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
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%
2019-11-30 1,209,100k +2% 0.0436 +39%
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 -31.93% lower than past month average.

Past 30-Day Past 5-Day
523k daily356k daily
Financials
Price History Chart
Past 30-day Average Price: RM6.31
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.