7113 TOPGLOV | Malaysia
TOP GLOVE CORPORATION BHD
RM 5.13 on: 2021-04-14
+0.98% Past 1-day return
-5% Past 5-day return
Price/Valuation Analysis
Current Price Status
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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 65.11% below OneDelta estimated fair value.
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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
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Underperformed
TOPGLOV past 5-day return lagged behind the Medical Services industry average return by 1.6% -
Above 30-Day Average
Current price RM5.13 is above than 30-day average RM5.09 by 0.8%
| Return (%) | TOPGLOV | Medical Services |
|---|---|---|
| 1-Day | +0.98% | +1.36% |
| 5-Day | -5% | -3.4% |
| 30-Day | +3.43% | -1.38% |
Bank Analyst Price Targets
BUY
RM 6.80
BUY
RM 7.00
TRADING
RM 7.60
HOLD
RM 5.46
HOLD
RM 6.30
Revenue & Earning Growth Analysis
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Strong Positive Revenue Growth
TOPGLOV has been achieving revenue growth for past 5 quarters by average +38%.
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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
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Recent Volume is Increasing
Surge in trading volume tends to bring more price volatility in near term.
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TOPGLOV recent daily traded volume is 11.68% higher than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 291k daily | 325k daily |
Financials
Price History Chart
Past 30-day Average Price: RM5.09
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Bluechip
Strong Profit Growth
Stocks that achieved more than two quarters of consecutive earning per share growth
Strong Revenue Growth
Stocks that achieved more than two quarters of consecutive revenue growth
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
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Covid19 Upside
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Face Mask
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Glove
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KLCI Component
FTSE Bursa Malaysia KLCI is composed of the 30 largest companies on the Bursa Malaysia by market capitalisation.
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Medical Services
Market News & Investor Opinions
Top Glove making progress in rectifying labour issues
Top Glove says production hurt by US ban
US CBP requests additional rectification, verification work from Top Glove
US CBP tells Top Glove to do more to rectify labour issues
Top Glove clarifies no new issue on forced labour discovered
No new additional issue on forced labour discovered, says Top Glove
Top Glove and peers rebound after three-day selldown
Top Glove to work with CBP to resolve labour issues
Top Glove dips to 10-month low, over RM5b market cap lost since Monday
MITI to look into forced labour allegation against Top Glove
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.