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
Price/Valuation Analysis
Current Price Status
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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
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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
BUY
RM 8.45
SELL
RM 3.50
BUY
RM 8.90
BUY
RM 10.54
TRADING
RM 7.30
BUY
RM 10.68
Revenue & Earning Growth Analysis
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Strong Positive Revenue Growth
TOPGLOV has been achieving revenue growth for past 5 quarters by average +36%.
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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
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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 -31.93% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 523k daily | 356k 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.
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 has 9,000 vacancies for Malaysians
Top Glove to offer 9,000 jobs to Malaysians in 2021
Top Glove launches recruitment drive for 9,000 employees
Top Glove reports Covid-19 outbreak at four factories
Top Glove says employees in four factories test positive for Covid-19
Downside risk for glove stocks limited
Top Glove defends board after BlackRock criticism
EPF ceases to be substantial shareholder in Top Glove
EPF ceases to be a substantial shareholder of Top Glove after three months
BlackRock voted against re-election of Top Glove directors
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.