Detailed analysis of QL Resources Berhad (KLSE: QL):
Stock Performance
- Current Price: MYR 4.70 (as of October 04, 2024)
- 52-Week Range: MYR 3.56 – MYR 4.78
- Market Cap: MYR 16.79 billion
- PE Ratio: 37.10 (trailing) and 36.14 (forward)
Financials
- Revenue: MYR 6.67 billion (trailing twelve months)
- Net Income: MYR 452.47 million
- EPS: MYR 0.12
- Dividend: MYR 0.04 per share (yield of 0.94%)
Valuation Metrics
- Price-to-Book Ratio: 5.63
- Price-to-Sales Ratio: 2.56
- PEG Ratio: 4.65
Financial Health
- Current Ratio: 1.34
- Debt-to-Equity Ratio: 36.99%
- Return on Equity (ROE): 15.41%
- Return on Assets (ROA): 7.95%
Key Insights
- Overbought Territory: The Relative Strength Index (RSI) suggests the stock is in overbought territory
- Dividend History: QL Resources has maintained dividend payments for 24 consecutive years
- Debt Level: Operates with a moderate level of debt
Analyst Predictions
- Analysts predict the company will continue to be profitable this year
Conclusion
QL Resources Berhad is a prominent player in the food products industry with a stable financial performance and a history of consistent dividend payments. However, the stock is currently trading at a high P/E ratio and is in overbought territory, indicating potential caution for new investors.