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Healthcare Services & Equip. / Healthcare Equip. & Supplies / Medical Equip. & Supplies DETAILED STOCK REPORT
Report Date: 26 April 2020
Last Close Avg Daily Vol 52-Week High Trailing PE Annual Div ROE LTG Forecast 1-Mo Return
0.92 (MYR) 4.5M 0.98 6.3 -- 36.4% -- 190.5%
24 April 2020 Market Cap 52-Week Low Forward PE Dividend Yield Annual Rev Inst Own 3-Mo Return
MALAYSIA Exchange
140M 0.28 -- -- 39M 4.7% 51.2%
AVERAGE SCORE
POSITIVE OUTLOOK: ADVENTA's current Score Averages
score of 8 places it among the top quartile of Healthcare Equip. & Supplies Group: 6.5 Small Market Cap: 5.2
stocks scored. Healthcare Services & Equip. Sector: 6.1 FBM KLCI Index: 6.1
Average Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive ADVENTA 7 8 7 8 8
KOSSAN 7 5 7 7 8
Neutral SUPERMX 5 6 6 6 6
COMFORT 7 7 5 6 5
Negative
CAREPLS 4 5 3 4 4
APR-2017 APR-2018 APR-2019 APR-2020
BUSINESS SUMMARY
Adventa Berhad is a Malaysia-based investment holding company. The Company's segments are healthcare products, sterilisation provider, home
dialysis products and services, and corporate. The healthcare products segment is a manufacturer, distributor and trader of healthcare products. The
sterilisation provider segment is engaged in the provision of industrial and commercial sterilization services, warehousing and handling services. The
home dialysis products and services segment is engaged in the provision of home dialysis products for the treatment of end stage renal disease and its
related services. The corporate segment is involved in group-level corporate services, treasury functions and provision of management services to
subsidiaries. The Company's subsidiaries include Sun Healthcare (M) Sdn. Bhd., Electron Beam Sdn. Bhd., Luxencia (M) Sdn. Bhd., and PTM
Progress Trading & Marketing Sdn. Bhd.
Page 1 of 11
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ADVENTA (ADVENTA-KU)
Healthcare Services & Equip. / Healthcare Equip. & Supplies / Medical Equip. & Supplies DETAILED STOCK REPORT
Report Date: 26 April 2020
INDICATOR COMPONENTS
The AVERAGE SCORE combines the quantitative analysis of five widely-used investment decision making tools: Earnings,
Fundamental, Relative Valuation, Risk, and Price Momentum. A simple average of the underlying component ratings is normally
distributed to rank stocks on a 1-10 scale (10 being awarded to the most favorable). These factors may be evaluated differently using
alternative methodologies and the importance of individual factors varies across industries, market capitalization and investment styles.
Additional criteria should always by used to evaluate a stock.
PEER COMPANIES
IHH IHH Healthcare SUPERMX Supermax Corp
HARTA Hartalega Holdings TMCLIFE Tmc Life Sciences Berhad
TOPGLOV Top Glove Corp COMFORT Comfort Gloves
KOSSAN Kossan Rubber Industries CAREPLS Careplus Group
KPJ KPJ Healthcare LKL LKL International
Page 2 of 11
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ADVENTA (ADVENTA-KU)
Healthcare Services & Equip. / Healthcare Equip. & Supplies / Medical Equip. & Supplies DETAILED STOCK REPORT
Report Date: 26 April 2020
This company does not currently meet the data Earnings Score Averages
requirements to calculate a score for this Healthcare Equip. & Supplies Group: 7.8 Small Market Cap: 5.1
component. Healthcare Services & Equip. Sector: 6.4 FBM KLCI Index: 6.2
Earnings Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive KOSSAN 4 2 6 7 8
SUPERMX 4 3 4 4 4
Neutral COMFORT 4 3 4 3 3
ADVENTA NR NR NR NR NR
Negative
CAREPLS NR NR NR NR NR
APR-2017 APR-2018 APR-2019 APR-2020
EARNINGS INDICATORS
Earnings Surprises Estimate Revisions Recommendation Changes
(33.3% weight) (33.3% weight) (33.3% weight)
KOSSAN
COMFORT KOSSAN
SUPERMX SUPERMX
COMFORT
SUPERMX
KOSSAN
Page 3 of 11
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ADVENTA (ADVENTA-KU)
Healthcare Services & Equip. / Healthcare Equip. & Supplies / Medical Equip. & Supplies DETAILED STOCK REPORT
Report Date: 26 April 2020
NA NA NA NA
EARNINGS SURPRISES
Comparing a company's actual earnings to the mean expectation of Surprise Detail (Last 6 Periods)
analysts results in a difference referred to as a 'positive' or 'negative'
surprise. Research has shown that when a company reports a Surprise Announce Period End Actual Mean Surprise
surprise, it is often followed by more of the same surprise type. Type Date Date EPS EPS (%)
Surprise Summary (Last 12 Quarters)
Surprise Type Amount Percent There are no earnings surprises during this time period.
Positive Quarters (> 2%) 0 --
Negative Quarters (< -2%) 0 --
In-Line Quarters (within 2%) 0 --
ANNUAL REVENUE
A pattern of increasing sales in Actuals Estimates
conjunction with a rising EPS may
influence a buy recommendation, while NA NA
flat or falling sales and faltering
earnings may explain a sell Mean -- --
recommendation. A rising EPS with flat Annual revenue data is not available High -- --
or falling sales may result from
increased cost efficiency and margins, Low -- --
rather than market expansion. This Forecasted Growth -- --
chart shows the sales forecast trend of # of Analysts -- --
all analysts and the highest and lowest
projections for the current and next NA NA NA NA
fiscal year.
Page 4 of 11
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ADVENTA (ADVENTA-KU)
Healthcare Services & Equip. / Healthcare Equip. & Supplies / Medical Equip. & Supplies DETAILED STOCK REPORT
Report Date: 26 April 2020
FUNDAMENTAL
NEUTRAL OUTLOOK: Fundamentals relatively Fundamental Score Averages
in-line with the market. Healthcare Equip. & Supplies Group: 4.8 Small Market Cap: 5.3
Healthcare Services & Equip. Sector: 5.5 FBM KLCI Index: 5.8
Q2 Q3 Q4 Q1
Fundamental Score Trend Peers 2019 2019 2019 2020 Current 3Y Trend
SUPERMX 9 8 6 NR 9
Positive
KOSSAN 7 6 6 NR 7
Neutral ADVENTA 4 9 8 NR 6
Negative COMFORT 6 6 6 NR 5
Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 CAREPLS 3 3 3 NR 3
2017 2018 2019
FUNDAMENTAL INDICATORS
Profitability Debt Earnings Quality Dividend
(25% weight) (25% weight) (25% weight) (25% weight)
COMFO…
ADVEN… CAREP…
SUPER…
ADVEN…
SUPER…
COMFO… KOSSA…
KOSSA… KOSSA…
KOSSA… SUPER…
ADVEN…
SUPER…
COMFO…
CAREP… COMFO…
CAREP…
ADVEN…
CAREP…
Revenue Growth -24.4% Current Ratio 2.6 Oper. Cash Yield -110.1% Dividend Growth --
For year over year For interim period For latest 12 months For year over year
ending 12-2019 ending 12-2019 ending 12-2019 ending --
Gross Margin -19.6% Debt-to-Capital 6.0% Accruals -60.1% Dividend Payout --
For latest 12 months For annual period For latest 12 months For latest 12 months
ending 12-2019 ending 12-2019 ending 12-2019 ending --
Return On Equity 36.4% Interest Funding -161.4% Days Sales In Inv. 111.2 Dividend Coverage --
For interim period For interim period For annual period For annual period
ending 12-2019 ending 12-2019 ending 12-2019 ending --
Net Margin 56.9% Interest Coverage -10.5 Days Sales In Rec. 191.0 Current Div. Yield --
For latest 12 months For interim period For annual period For latest 12 months
ending 12-2019 ending 12-2019 ending 12-2019 ending --
HIGHLIGHTS
- The Fundamental Rating for Adventa declined significantly over the - The days sales in receivables for ADVENTA is the highest within its
last quarter from a bullish 9 to a relatively neutral 6. The average Healthcare Equip. & Supplies industry group.
Fundamental Rating for its Healthcare Equip. & Supplies industry - Adventa does not currently pay a dividend. Of 8 firms within the
group is 5.2 and the FTSE BURSA MALAYSIA COMPOSITE index Healthcare Equip. & Supplies industry group, it is among the 3
average is 5.9. companies without a dividend.
- The net margin of 56.9% for ADVENTA is the highest within its
Healthcare Equip. & Supplies industry group.
- The interest funding for ADVENTA is the lowest within its Healthcare
Equip. & Supplies industry group.
Page 5 of 11
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ADVENTA (ADVENTA-KU)
Healthcare Services & Equip. / Healthcare Equip. & Supplies / Medical Equip. & Supplies DETAILED STOCK REPORT
Report Date: 26 April 2020
RELATIVE VALUATION
POSITIVE OUTLOOK: Multiples significantly Relative Valuation Score Averages
below the market or the stock's historic norms. Healthcare Equip. & Supplies Group: 1.9 Small Market Cap: 5.9
Healthcare Services & Equip. Sector: 2.9 FBM KLCI Index: 2.6
Relative Valuation Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive ADVENTA NR 9 9 9 8
COMFORT 8 8 4 3 2
Neutral KOSSAN 2 1 1 1 1
SUPERMX 4 4 1 1 1
Negative
CAREPLS NR NR NR NR NR
APR-2017 APR-2018 APR-2019 APR-2020
ADVENTA
COMFORT
COMFORT COMFORT
KOSSAN
KOSSAN KOSSAN
SUPERMX
SUPERMX SUPERMX
HIGHLIGHTS
- Adventa currently has a Relative Valuation Rating of 8 which is - ADVENTA's 6.3 Trailing P/E is currently at the low end of its 5-year
significantly above the FTSE BURSA MALAYSIA COMPOSITE index range (lowest 2.2 to highest 100.0).
average rating of 2.8.
Page 6 of 11
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ADVENTA (ADVENTA-KU)
Healthcare Services & Equip. / Healthcare Equip. & Supplies / Medical Equip. & Supplies DETAILED STOCK REPORT
Report Date: 26 April 2020
Page 7 of 11
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ADVENTA (ADVENTA-KU)
Healthcare Services & Equip. / Healthcare Equip. & Supplies / Medical Equip. & Supplies DETAILED STOCK REPORT
Report Date: 26 April 2020
RISK
NEGATIVE OUTLOOK: Variable return patterns Risk Score Averages
(high volatility). Healthcare Equip. & Supplies Group: 5.1 Small Market Cap: 4.9
Healthcare Services & Equip. Sector: 5.7 FBM KLCI Index: 9.0
Risk Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive KOSSAN 8 8 7 7 7
COMFORT 8 6 6 6 6
Neutral SUPERMX 3 5 5 6 6
ADVENTA 3 4 3 3 3
Negative
CAREPLS 6 5 1 1 1
APR-2017 APR-2018 APR-2019 APR-2020
RISK INDICATORS
Magnitude of Returns Volatility Beta (1-year) Correlation
(25% weight) (25% weight) (25% weight) (25% weight)
ADVEN…
KOSSA… KOSSA…
SUPER…
COMFO… KOSSA…
COMFO…
SUPER… COMFO… COMFO…
SUPER…
ADVEN… CAREP…
ADVEN…
ADVEN… CAREP…
CAREP…
CAREP… KOSSA…
SUPER…
Daily Returns (Last 90 Days) Standard Deviation Beta vs. FBM KLCI 1.41 Correlation vs. FBM KLCI
Best 47.1% Last 90 Days 10.05 Positive Days Only 0.98 Last 90 Days 35%
Worst -15.9% Last 60 Months 10.84 Negative Days Only 2.78 Last 60 Months -3%
Monthly Returns (Last 60 Months) Intra-Day Swing (Last 90 Days) Beta vs. Group 1.91 Correlation vs. Group
Best 48.8% Average 8.8% Positive Days Only 1.85 Last 90 Days 92%
Worst -33.7% Largest 27.9% Negative Days Only 1.76 Last 60 Months 57%
Page 8 of 11
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ADVENTA (ADVENTA-KU)
Healthcare Services & Equip. / Healthcare Equip. & Supplies / Medical Equip. & Supplies DETAILED STOCK REPORT
Report Date: 26 April 2020
Price Momentum Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive ADVENTA 10 8 7 10 10
CAREPLS 7 9 9 10 10
Neutral COMFORT 5 8 8 10 10
KOSSAN 10 8 9 10 10
Negative
SUPERMX 6 8 9 10 10
APR-2017 APR-2018 APR-2019 APR-2020
ADVENTA
CAREPLS KOSSAN
COMFORT CAREPLS
KOSSAN SUPERMX
SUPERMX
ADVENTA
COMFORT
Relative Strength Indicator (Scale from 1 to 100) Average Monthly Return (Last 10 Years)
ADVENTA Industry Avg APR MAY JUN
Last 1 Month 71 69 Company Avg -1.7% 1.0% 0.5%
Last 3 Months 61 62 Industry Avg -1.7% 0.1% 4.1%
Last 6 Months 58 59 Industry Rank 47 of 49 18 of 50 2 of 49
PRICE PERFORMANCE
Daily close prices are used to calculate the ADVENTA ADVENTA FBM KLCI
performance of the stock as compared to a
FBM KLCI Close Price (24/04/20) 0.92 1,382
relevant index over five time periods.
52-Week High 0.98 1,691
59.1%
1-Week 52-Week Low 0.28 1,220
-0.4%
190.5% - The Price Momentum Rating for Adventa is at its 3-year high of
1-Month
9.7% 10.
- On 24/04/20, ADVENTA closed at 0.92, 6.2% below its 52-
51.2%
3-Month week high and 226.8% above its 52-week low.
-12.3%
- ADVENTA shares are currently trading 68.2% above their 50-
69.3% day moving average of 0.54, and 72.3% above their 200-day
YTD moving average of 0.53.
-13%
182.2%
1-Year
-15.1%
Page 9 of 11
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ADVENTA (ADVENTA-KU)
Healthcare Services & Equip. / Healthcare Equip. & Supplies / Medical Equip. & Supplies DETAILED STOCK REPORT
Report Date: 26 April 2020
Page 10 of 11
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ADVENTA (ADVENTA-KU)
Healthcare Services & Equip. / Healthcare Equip. & Supplies / Medical Equip. & Supplies DETAILED STOCK REPORT
Report Date: 26 April 2020
Valuation Averages
Negative values are excluded when calculating the averages. A maximum value of
100 is placed on Trailing P/E and Forward P/E, a maximum value of 5 is placed on
Forward PEG, and a maximum value of 20 is placed on Price to Sales when
calculating the averages. Higher values are rounded down to the maximum for the
averages.
Valuation Multiples
The valuation multiples provide the Trailing P/E, Forward P/E, Forward PEG, and
Price to Sales for the company and the S&P 500 index average. In addition, a
comparison of the current company’s values to its 5-year average and an industry
average are presented. A discount occurs when the company’s ratio is valued
more favorably (lower) than that to which it is compared.
Risk
The Risk Rating displays stocks on a scale of 1 to 10 with 10 being awarded to the
least risky stocks. It is derived by looking at a series of long-term (5-year) and
short-term (90-day) stock performance measures including volatility, magnitude of
returns, beta, and correlation. Each factor is equally weighted. Then, equal deciles
are used to rank each stock across the market. A stock needs to have at least two
of the four risk factors in order to receive a score.
● Magnitude of Returns – The best / worst daily returns in the past 90 days and the
best / worst monthly returns in the past 60 months.
● Volatility – The standard deviation of the stock price over the last 90 days and
last 60 months, along with the average and largest intra-day stock swing.
● Beta – Measures the tendency of a security’s returns to respond to swings in the
market, based on the beta of the company versus the relevant index.
● Correlation – Determines how closely the returns of the stock and the relevant
index move together, measured over the last 90 days and last 60 months.
Risk Analysis
Price analysis for the company and the relevant index is provided over two time
periods. Daily analysis is provided for the last 90 days, whereas monthly statistics
are used for the last 60 months.
Price Momentum
The Price Momentum Rating is based on a combination of two technical
performance factors: relative strength (70% weight) and seasonality (30% weight).
After the weightings are considered to combine individual factors, equal deciles are
used to rank each stock across the market on a scale of 1 to 10, with 10 being most
favorable. A stock needs to have data for the relative strength factor in order to
receive a score.
● Relative Strength – The relative strength of the company for the last 1 month, 3
months, and 6 months on a scale of 1 to 100.
● Seasonality – The average monthly return (price performance) for the current
month and next 2 months for the company and industry, over the past 10 years.
A lower industry rank indicates a higher return.
Price Performance
Daily close prices are used to calculate the price performance of the stock. The
performance of the relevant index is also displayed as a means of comparison.
DISCLAIMER
© 2020 Refinitiv. Republication or redistribution of Refinitiv content, including by
framing or similar means, is prohibited without the prior written consent of Refinitiv.
All information in this report is assumed to be accurate to the best of our ability.
Refinitiv is not liable for any errors or delays in Refinitiv content, or for any actions
taken in reliance on such content.
The content in this Refinitiv report does not constitute investment advice or a
recommendation to buy or sell securities of any kind. Past performance is not a
guarantee of future results. Investors should consider this report as only a single
factor when making an investment decision.
Page 11 of 11
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