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
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 18.68% 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 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
BUY
RM 6.66
HOLD
RM 4.40
HOLD
RM 4.45
TRADING
RM 7.60
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 Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
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TOPGLOV recent daily traded volume is -12.8% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 211k daily | 184k 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.
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
US reviewing Top Glove submission
Top Glove: US Customs yet to lift withhold release order, pending review
Top Glove resolves 11 ILO indicators
Top Glove resolves all ILO indicators of forced labour
Top Glove resolves all 11 ILO forced labour indicators
Top Glove slashes Hong Kong stock offering to RM4.22bil
Top Glove downsizes HK IPO, to raise RM4.22bil
Top Glove, NTU sign MoU to attract more global talent
Top Glove making progress in rectifying labour issues
Top Glove says production hurt by US ban
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.