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Yahoo
3 days ago
- Business
- Yahoo
Hibiscus Petroleum Berhad (KLSE:HIBISCS) Pays A RM00.01 Dividend In Just Four Days
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Hibiscus Petroleum Berhad (KLSE:HIBISCS) is about to go ex-dividend in just four days. The ex-dividend date is usually set to be two business days before the record date, which is the cut-off date on which you must be present on the company's books as a shareholder in order to receive the dividend. The ex-dividend date is important as the process of settlement involves at least two full business days. So if you miss that date, you would not show up on the company's books on the record date. This means that investors who purchase Hibiscus Petroleum Berhad's shares on or after the 18th of June will not receive the dividend, which will be paid on the 18th of July. The company's next dividend payment will be RM00.01 per share, on the back of last year when the company paid a total of RM0.08 to shareholders. Last year's total dividend payments show that Hibiscus Petroleum Berhad has a trailing yield of 4.8% on the current share price of RM01.66. We love seeing companies pay a dividend, but it's also important to be sure that laying the golden eggs isn't going to kill our golden goose! So we need to investigate whether Hibiscus Petroleum Berhad can afford its dividend, and if the dividend could grow. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. That's why it's good to see Hibiscus Petroleum Berhad paying out a modest 39% of its earnings. A useful secondary check can be to evaluate whether Hibiscus Petroleum Berhad generated enough free cash flow to afford its dividend. The good news is it paid out just 6.6% of its free cash flow in the last year. It's positive to see that Hibiscus Petroleum Berhad's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. View our latest analysis for Hibiscus Petroleum Berhad Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Businesses with shrinking earnings are tricky from a dividend perspective. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. With that in mind, we're discomforted by Hibiscus Petroleum Berhad's 11% per annum decline in earnings in the past five years. Such a sharp decline casts doubt on the future sustainability of the dividend. Another key way to measure a company's dividend prospects is by measuring its historical rate of dividend growth. Hibiscus Petroleum Berhad has delivered an average of 34% per year annual increase in its dividend, based on the past four years of dividend payments. Has Hibiscus Petroleum Berhad got what it takes to maintain its dividend payments? Hibiscus Petroleum Berhad has comfortably low cash and profit payout ratios, which may mean the dividend is sustainable even in the face of a sharp decline in earnings per share. Still, we consider declining earnings to be a warning sign. While it does have some good things going for it, we're a bit ambivalent and it would take more to convince us of Hibiscus Petroleum Berhad's dividend merits. In light of that, while Hibiscus Petroleum Berhad has an appealing dividend, it's worth knowing the risks involved with this stock. Our analysis shows 2 warning signs for Hibiscus Petroleum Berhad and you should be aware of these before buying any shares. A common investing mistake is buying the first interesting stock you see. Here you can find a full list of high-yield dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-04-2025
- Business
- Yahoo
Estimating The Intrinsic Value Of Techna-X Berhad (KLSE:TECHNAX)
Techna-X Berhad's estimated fair value is RM0.086 based on 2 Stage Free Cash Flow to Equity Techna-X Berhad's RM0.08 share price indicates it is trading at similar levels as its fair value estimate Industry average discount to fair value of 5.4% suggests Techna-X Berhad's peers are currently trading at a lower discount Today we will run through one way of estimating the intrinsic value of Techna-X Berhad (KLSE:TECHNAX) by taking the expected future cash flows and discounting them to their present value. We will use the Discounted Cash Flow (DCF) model on this occasion. It may sound complicated, but actually it is quite simple! We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. If you still have some burning questions about this type of valuation, take a look at the Simply Wall St analysis model. Our free stock report includes 3 warning signs investors should be aware of before investing in Techna-X Berhad. Read for free now. We are going to use a two-stage DCF model, which, as the name states, takes into account two stages of growth. The first stage is generally a higher growth period which levels off heading towards the terminal value, captured in the second 'steady growth' period. To start off with, we need to estimate the next ten years of cash flows. Seeing as no analyst estimates of free cash flow are available to us, we have extrapolate the previous free cash flow (FCF) from the company's last reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (MYR, Millions) RM4.99m RM3.37m RM2.64m RM2.27m RM2.07m RM1.97m RM1.92m RM1.91m RM1.92m RM1.95m Growth Rate Estimate Source Est @ -47.86% Est @ -32.42% Est @ -21.61% Est @ -14.05% Est @ -8.75% Est @ -5.05% Est @ -2.45% Est @ -0.64% Est @ 0.63% Est @ 1.52% Present Value (MYR, Millions) Discounted @ 13% RM4.4 RM2.6 RM1.8 RM1.4 RM1.1 RM0.9 RM0.8 RM0.7 RM0.6 RM0.6 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = RM15m We now need to calculate the Terminal Value, which accounts for all the future cash flows after this ten year period. For a number of reasons a very conservative growth rate is used that cannot exceed that of a country's GDP growth. In this case we have used the 5-year average of the 10-year government bond yield (3.6%) to estimate future growth. In the same way as with the 10-year 'growth' period, we discount future cash flows to today's value, using a cost of equity of 13%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = RM1.9m× (1 + 3.6%) ÷ (13%– 3.6%) = RM21m Present Value of Terminal Value (PVTV)= TV / (1 + r)10= RM21m÷ ( 1 + 13%)10= RM6.1m The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is RM21m. To get the intrinsic value per share, we divide this by the total number of shares outstanding. Compared to the current share price of RM0.08, the company appears about fair value at a 7.0% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. Part of investing is coming up with your own evaluation of a company's future performance, so try the calculation yourself and check your own assumptions. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Techna-X Berhad as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 13%, which is based on a levered beta of 1.618. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. Check out our latest analysis for Techna-X Berhad Valuation is only one side of the coin in terms of building your investment thesis, and it is only one of many factors that you need to assess for a company. The DCF model is not a perfect stock valuation tool. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. If a company grows at a different rate, or if its cost of equity or risk free rate changes sharply, the output can look very different. For Techna-X Berhad, there are three additional elements you should consider: Risks: Case in point, we've spotted 3 warning signs for Techna-X Berhad you should be aware of, and 2 of them are concerning. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! Other Environmentally-Friendly Companies: Concerned about the environment and think consumers will buy eco-friendly products more and more? Browse through our interactive list of companies that are thinking about a greener future to discover some stocks you may not have thought of! PS. The Simply Wall St app conducts a discounted cash flow valuation for every stock on the KLSE every day. If you want to find the calculation for other stocks just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
23-03-2025
- Business
- Yahoo
Sports Toto Berhad (KLSE:SPTOTO) Stock Goes Ex-Dividend In Just Three Days
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Sports Toto Berhad (KLSE:SPTOTO) is about to trade ex-dividend in the next three days. Typically, the ex-dividend date is two business days before the record date, which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is important as the process of settlement involves at least two full business days. So if you miss that date, you would not show up on the company's books on the record date. Thus, you can purchase Sports Toto Berhad's shares before the 27th of March in order to receive the dividend, which the company will pay on the 18th of April. The company's next dividend payment will be RM00.02 per share. Last year, in total, the company distributed RM0.08 to shareholders. Based on the last year's worth of payments, Sports Toto Berhad has a trailing yield of 5.7% on the current stock price of RM01.41. Dividends are a major contributor to investment returns for long term holders, but only if the dividend continues to be paid. We need to see whether the dividend is covered by earnings and if it's growing. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. Sports Toto Berhad paid out more than half (54%) of its earnings last year, which is a regular payout ratio for most companies. Yet cash flows are even more important than profits for assessing a dividend, so we need to see if the company generated enough cash to pay its distribution. Fortunately, it paid out only 26% of its free cash flow in the past year. It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. View our latest analysis for Sports Toto Berhad Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Companies that aren't growing their earnings can still be valuable, but it is even more important to assess the sustainability of the dividend if it looks like the company will struggle to grow. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. With that in mind, we're not enthused to see that Sports Toto Berhad's earnings per share have remained effectively flat over the past five years. We'd take that over an earnings decline any day, but in the long run, the best dividend stocks all grow their earnings per share. The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Sports Toto Berhad's dividend payments per share have declined at 7.3% per year on average over the past 10 years, which is uninspiring. Is Sports Toto Berhad worth buying for its dividend? The payout ratios appear reasonably conservative, which implies the dividend may be somewhat sustainable. Still, with earnings basically flat, Sports Toto Berhad doesn't stand out from a dividend perspective. In summary, while it has some positive characteristics, we're not inclined to race out and buy Sports Toto Berhad today. However if you're still interested in Sports Toto Berhad as a potential investment, you should definitely consider some of the risks involved with Sports Toto Berhad. Case in point: We've spotted 2 warning signs for Sports Toto Berhad you should be aware of. Generally, we wouldn't recommend just buying the first dividend stock you see. Here's a curated list of interesting stocks that are strong dividend payers. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
14-03-2025
- Business
- Yahoo
Here's What We Like About Able Global Berhad's (KLSE:ABLEGLOB) Upcoming Dividend
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be intrigued to know that Able Global Berhad (KLSE:ABLEGLOB) is about to go ex-dividend in just 4 days. The ex-dividend date is two business days before a company's record date in most cases, which is the date on which the company determines which shareholders are entitled to receive a dividend. It is important to be aware of the ex-dividend date because any trade on the stock needs to have been settled on or before the record date. Therefore, if you purchase Able Global Berhad's shares on or after the 19th of March, you won't be eligible to receive the dividend, when it is paid on the 3rd of April. The company's next dividend payment will be RM00.015 per share, and in the last 12 months, the company paid a total of RM0.08 per share. Looking at the last 12 months of distributions, Able Global Berhad has a trailing yield of approximately 5.2% on its current stock price of RM01.44. Dividends are an important source of income to many shareholders, but the health of the business is crucial to maintaining those dividends. That's why we should always check whether the dividend payments appear sustainable, and if the company is growing. Check out our latest analysis for Able Global Berhad Dividends are typically paid from company earnings. If a company pays more in dividends than it earned in profit, then the dividend could be unsustainable. Fortunately Able Global Berhad's payout ratio is modest, at just 33% of profit. A useful secondary check can be to evaluate whether Able Global Berhad generated enough free cash flow to afford its dividend. Fortunately, it paid out only 29% of its free cash flow in the past year. It's encouraging to see that the dividend is covered by both profit and cash flow. This generally suggests the dividend is sustainable, as long as earnings don't drop precipitously. Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Stocks in companies that generate sustainable earnings growth often make the best dividend prospects, as it is easier to lift the dividend when earnings are rising. If earnings fall far enough, the company could be forced to cut its dividend. With that in mind, we're encouraged by the steady growth at Able Global Berhad, with earnings per share up 8.0% on average over the last five years. Management have been reinvested more than half of the company's earnings within the business, and the company has been able to grow earnings with this retained capital. We think this is generally an attractive combination, as dividends can grow through a combination of earnings growth and or a higher payout ratio over time. Many investors will assess a company's dividend performance by evaluating how much the dividend payments have changed over time. In the last 10 years, Able Global Berhad has lifted its dividend by approximately 17% a year on average. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders. Has Able Global Berhad got what it takes to maintain its dividend payments? Earnings per share have been growing moderately, and Able Global Berhad is paying out less than half its earnings and cash flow as dividends, which is an attractive combination as it suggests the company is investing in growth. We would prefer to see earnings growing faster, but the best dividend stocks over the long term typically combine significant earnings per share growth with a low payout ratio, and Able Global Berhad is halfway there. There's a lot to like about Able Global Berhad, and we would prioritise taking a closer look at it. With that in mind, a critical part of thorough stock research is being aware of any risks that stock currently faces. Every company has risks, and we've spotted 2 warning signs for Able Global Berhad you should know about. If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
09-03-2025
- Business
- Yahoo
There's A Lot To Like About Keyfield International Berhad's (KLSE:KEYFIELD) Upcoming RM00.03 Dividend
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Keyfield International Berhad (KLSE:KEYFIELD) is about to trade ex-dividend in the next three days. The ex-dividend date generally occurs two days before the record date, which is the day on which shareholders need to be on the company's books in order to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade can take two business days or more to settle. Meaning, you will need to purchase Keyfield International Berhad's shares before the 13th of March to receive the dividend, which will be paid on the 28th of March. The company's next dividend payment will be RM00.03 per share. Last year, in total, the company distributed RM0.08 to shareholders. Calculating the last year's worth of payments shows that Keyfield International Berhad has a trailing yield of 5.7% on the current share price of RM01.92. If you buy this business for its dividend, you should have an idea of whether Keyfield International Berhad's dividend is reliable and sustainable. So we need to investigate whether Keyfield International Berhad can afford its dividend, and if the dividend could grow. See our latest analysis for Keyfield International Berhad If a company pays out more in dividends than it earned, then the dividend might become unsustainable - hardly an ideal situation. Keyfield International Berhad paid out a comfortable 35% of its profit last year. Yet cash flow is typically more important than profit for assessing dividend sustainability, so we should always check if the company generated enough cash to afford its dividend. Dividends consumed 52% of the company's free cash flow last year, which is within a normal range for most dividend-paying organisations. It's positive to see that Keyfield International Berhad's dividend is covered by both profits and cash flow, since this is generally a sign that the dividend is sustainable, and a lower payout ratio usually suggests a greater margin of safety before the dividend gets cut. Click here to see the company's payout ratio, plus analyst estimates of its future dividends. Companies with consistently growing earnings per share generally make the best dividend stocks, as they usually find it easier to grow dividends per share. Investors love dividends, so if earnings fall and the dividend is reduced, expect a stock to be sold off heavily at the same time. It's encouraging to see Keyfield International Berhad has grown its earnings rapidly, up 60% a year for the past five years. We'd also point out that Keyfield International Berhad issued a meaningful number of new shares in the past year. It's hard to grow dividends per share when a company keeps creating new shares. Unfortunately Keyfield International Berhad has only been paying a dividend for a year or so, so there's not much of a history to draw insight from. Is Keyfield International Berhad worth buying for its dividend? Earnings per share have grown at a nice rate in recent times and over the last year, Keyfield International Berhad paid out less than half its earnings and a bit over half its free cash flow. It's a promising combination that should mark this company worthy of closer attention. Wondering what the future holds for Keyfield International Berhad? See what the two analysts we track are forecasting, with this visualisation of its historical and future estimated earnings and cash flow If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
