Professional Documents
Culture Documents
Indust. & Commercial Svcs. / Prof. & Commercial Svcs. / Environmental Svcs. & Equip. DETAILED STOCK REPORT
Report Date: 2021-Nov-21
Last Close Avg Daily Vol 52-Week High Trailing PE Annual Div ROE LTG Forecast 1-Mo Return
0.45 (MYR) 2.4M 0.58 20.0 -- 5.2% -- 0.0%
2021 November 19 Market Cap 52-Week Low Forward PE Dividend Yield Annual Rev Inst Own 3-Mo Return
MALAYSIA Exchange
114M 0.40 -- -- 27M 0.0% -11.9%
AVERAGE SCORE
NEUTRAL OUTLOOK: TEXCYCL's current Score Averages
score is relatively in-line with the market. Prof. & Commercial Svcs. Group: 5.3 Small Market Cap: 5.2
Indust. & Commercial Svcs. Sector: 5.1 FBM KLCI Index: 6.4
Average Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive HHHCORP 4 7 7 7 8
JAG 5 6 6 8 8
Neutral CYPARK 6 6 6 6 6
TEXCYCL 6 5 5 6 5
Negative
BTECH 5 2 3 2 2
2018-11 2019-11 2020-11 2021-11
BUSINESS SUMMARY
Tex Cycle Technology (M) Berhad is Malaysia-based investment holding Company. The Company is engaged in a waste management business. The
Company's segments include Investment holding, which includes Investment activities in investment property and unquoted securities held by the
Company on a long-term basis; Recovery and recycling services, which includes the provision of waste recovery and recycling services, and rental of
recycled products; Manufacturing, which includes manufacturing and marketing of chemical products; Trading, which includes trading of chemicals and
other products, and Others, which includes rental of investment property. The Company also supplies specialized products for the defense industry,
and endow chemical products for related industries. It offers professional services preferred by companies from the various industries, which include
electronics, engineering, automobile, oil and gas, and printing industries.
Page 1 of 11
© 2021 Refinitiv. All rights reserved.
TEX CYCLE TECHNOLOGY (M) (TEXCYCL-KU)
Indust. & Commercial Svcs. / Prof. & Commercial Svcs. / Environmental Svcs. & Equip. DETAILED STOCK REPORT
Report Date: 2021-Nov-21
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
BTECH Brite Tech JAG JAG
CFM Computer Forms (Malaysia) JCBNEXT JcbNext
CYPARK Cypark Resources PICORP Progressive Impact Corp
EFFICEN Efficient E-Solutions RAMSSOL Ramssol Group
HHHCORP Hiap Huat Holdings TIENWAH Tien Wah Press Holdings
Page 2 of 11
© 2021 Refinitiv. All rights reserved.
TEX CYCLE TECHNOLOGY (M) (TEXCYCL-KU)
Indust. & Commercial Svcs. / Prof. & Commercial Svcs. / Environmental Svcs. & Equip. DETAILED STOCK REPORT
Report Date: 2021-Nov-21
This company does not currently meet the data Earnings Score Averages
requirements to calculate a score for this Prof. & Commercial Svcs. Group: 5.6 Small Market Cap: 5.3
component. Indust. & Commercial Svcs. Sector: 5.3 FBM KLCI Index: 5.6
Earnings Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive CYPARK 10 9 9 9 9
BTECH NR NR NR NR NR
Neutral HHHCORP NR NR NR NR NR
JAG NR NR NR NR NR
Negative
TEXCYCL NR NR NR NR NR
2018-11 2019-11 2020-11 2021-11
EARNINGS INDICATORS
Earnings Surprises Estimate Revisions Recommendation Changes
(33.3% weight) (33.3% weight) (33.3% weight)
CYPARK
CYPARK
Page 3 of 11
© 2021 Refinitiv. All rights reserved.
TEX CYCLE TECHNOLOGY (M) (TEXCYCL-KU)
Indust. & Commercial Svcs. / Prof. & Commercial Svcs. / Environmental Svcs. & Equip. DETAILED STOCK REPORT
Report Date: 2021-Nov-21
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
© 2021 Refinitiv. All rights reserved.
TEX CYCLE TECHNOLOGY (M) (TEXCYCL-KU)
Indust. & Commercial Svcs. / Prof. & Commercial Svcs. / Environmental Svcs. & Equip. DETAILED STOCK REPORT
Report Date: 2021-Nov-21
FUNDAMENTAL
POSITIVE OUTLOOK: Strong fundamentals Fundamental Score Averages
such as high profit margins, low debt levels, or Prof. & Commercial Svcs. Group: 6.0 Small Market Cap: 5.3
growing dividends. Indust. & Commercial Svcs. Sector: 4.9 FBM KLCI Index: 6.1
Q4 Q1 Q2 Q3
Fundamental Score Trend Peers 2020 2021 2021 2021 Current 3Y Trend
HHHCORP 8 NR NR NR 9
Positive
TEXCYCL 8 NR NR NR 9
Neutral BTECH 5 NR NR NR 6
Negative JAG 9 NR NR NR 6
Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 CYPARK 7 1 1 1 3
2019 2020 2021
FUNDAMENTAL INDICATORS
Profitability Debt Earnings Quality Dividend
(25% weight) (25% weight) (25% weight) (25% weight)
JAG
TEXCY… BTECH
BTECH CYPAR…
JAG HHHCO…
TEXCY…
CYPAR… TEXCY…
HHHCO…
HHHCO… JAG
BTECH
BTECH
CYPAR… TEXCY…
CYPAR…
JAG
HHHCO…
Revenue Growth 8.5% Current Ratio 12.2Oper. Cash Yield 56.3% Dividend Growth -100.0%
For year over year For interim period For latest 12 months For year over year
ending 2021-06 ending 2021-06 ending 2021-06 ending 2020-09
Gross Margin 64.4% Debt-to-Capital 5.5% Accruals -5.1% Dividend Payout --
For latest 12 months For annual period For latest 12 months For latest 12 months
ending 2021-06 ending 2020-12 ending 2020-12 ending --
Return On Equity 5.2% Interest Funding 0.1% Days Sales In Inv. 13.4 Dividend Coverage 6.5
For interim period For interim period For annual period For annual period
ending 2021-06 ending 2021-03 ending 2020-12 ending 2019-12
Net Margin 20.8% Interest Coverage 1355.0 Days Sales In Rec. 146.6 Current Div. Yield --
For latest 12 months For interim period For annual period For latest 12 months
ending 2021-06 ending 2021-06 ending 2020-12 ending --
HIGHLIGHTS
- Tex Cycle Technology (M) currently has a Fundamental Rating of 9, - The company's days sales in receivables has been higher than its
which is significantly more bullish than the Prof. & Commercial Svcs. industry group average for each of the past five years.
industry group average of 6.0. - The year-over-year dividend growth of -100.0% for TEXCYCL is the
- The company's gross margin has been higher than its industry group lowest within its Prof. & Commercial Svcs. industry group.
average for each of the past five years.
- The company's current ratio has been higher than its industry group
average for each of the past five years.
Page 5 of 11
© 2021 Refinitiv. All rights reserved.
TEX CYCLE TECHNOLOGY (M) (TEXCYCL-KU)
Indust. & Commercial Svcs. / Prof. & Commercial Svcs. / Environmental Svcs. & Equip. DETAILED STOCK REPORT
Report Date: 2021-Nov-21
RELATIVE VALUATION
NEGATIVE OUTLOOK: Multiples significantly Relative Valuation Score Averages
above the market or the stock's historic norms. Prof. & Commercial Svcs. Group: 4.3 Small Market Cap: 5.7
Indust. & Commercial Svcs. Sector: 5.8 FBM KLCI Index: 4.1
Relative Valuation Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive CYPARK 9 9 8 8 8
JAG 6 8 8 8 8
Neutral HHHCORP NR 5 5 6 6
BTECH 4 2 2 2 2
Negative
TEXCYCL 2 2 2 2 2
2018-11 2019-11 2020-11 2021-11
CYPARK CYPARK
JAG
JAG
HHHCORP
HHHCORP
TEXCYCL
CYPARK
BTECH
BTECH
TEXCYCL
BTECH
HHHCORP
JAG
TEXCYCL
HIGHLIGHTS
- Tex Cycle Technology (M) currently has a Relative Valuation Rating of - TEXCYCL's Trailing P/E of 20.0 represents a 9% Discount to its 5-
2 which is significantly below the FTSE BURSA MALAYSIA year average of 21.9.
COMPOSITE index average rating of 4.1.
- TEXCYCL's 4.2 Price to Sales multiple is currently at the low end of its
5-year range (lowest 3.9 to highest 8.1).
Page 6 of 11
© 2021 Refinitiv. All rights reserved.
TEX CYCLE TECHNOLOGY (M) (TEXCYCL-KU)
Indust. & Commercial Svcs. / Prof. & Commercial Svcs. / Environmental Svcs. & Equip. DETAILED STOCK REPORT
Report Date: 2021-Nov-21
Page 7 of 11
© 2021 Refinitiv. All rights reserved.
TEX CYCLE TECHNOLOGY (M) (TEXCYCL-KU)
Indust. & Commercial Svcs. / Prof. & Commercial Svcs. / Environmental Svcs. & Equip. DETAILED STOCK REPORT
Report Date: 2021-Nov-21
RISK
NEUTRAL OUTLOOK: Moderate risk (medium Risk Score Averages
volatility). Prof. & Commercial Svcs. Group: 5.0 Small Market Cap: 4.9
Indust. & Commercial Svcs. Sector: 5.2 FBM KLCI Index: 8.7
Risk Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive HHHCORP 4 6 6 6 7
CYPARK 5 6 6 6 6
Neutral JAG 2 3 3 6 6
TEXCYCL 7 4 5 4 4
Negative
BTECH 6 4 3 3 3
2018-11 2019-11 2020-11 2021-11
RISK INDICATORS
Magnitude of Returns Volatility Beta (1-year) Correlation
(25% weight) (25% weight) (25% weight) (25% weight)
HHHCO… HHHCO…
JAG CYPAR…
TEXCY…
CYPAR…
CYPAR… BTECH
TEXCY…
HHHCO… JAG
BTECH
BTECH TEXCY…
JAG
JAG
CYPAR…
HHHCO… TEXCY…
BTECH
Daily Returns (Last 90 Days) Standard Deviation Beta vs. FBM KLCI 0.68 Correlation vs. FBM KLCI
Best 9.0% Last 90 Days 2.98 Positive Days Only 0.76 Last 90 Days 17%
Worst -6.9% Last 60 Months 9.81 Negative Days Only 0.65 Last 60 Months 27%
Monthly Returns (Last 60 Months) Intra-Day Swing (Last 90 Days) Beta vs. Group 0.61 Correlation vs. Group
Best 33.3% Average 3.4% Positive Days Only 0.57 Last 90 Days 24%
Worst -34.4% Largest 9.3% Negative Days Only 0.34 Last 60 Months 67%
Page 8 of 11
© 2021 Refinitiv. All rights reserved.
TEX CYCLE TECHNOLOGY (M) (TEXCYCL-KU)
Indust. & Commercial Svcs. / Prof. & Commercial Svcs. / Environmental Svcs. & Equip. DETAILED STOCK REPORT
Report Date: 2021-Nov-21
Price Momentum Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive JAG 9 6 7 10 9
HHHCORP 6 8 6 5 7
Neutral TEXCYCL 7 7 5 7 6
CYPARK 1 1 4 3 4
Negative
BTECH 5 2 4 2 2
2018-11 2019-11 2020-11 2021-11
HHHCORP
JAG
JAG
CYPARK
TEXCYCL
HHHCORP
CYPARK
TEXCYCL
BTECH BTECH
Relative Strength Indicator (Scale from 1 to 100) Average Monthly Return (Last 10 Years)
TEXCYCL Industry Avg Nov Dec Jan
Last 1 Month 47 46 Company Avg 2.2% -5.3% 1.1%
Last 3 Months 50 48 Industry Avg 1.7% 2.1% -0.3%
Last 6 Months 51 50 Industry Rank 11 of 51 14 of 50 47 of 51
PRICE PERFORMANCE
Daily close prices are used to calculate the TEXCYCL TEXCYCL FBM KLCI
performance of the stock as compared to a
FBM KLCI Close Price (2021-11-19) 0.45 1,526
relevant index over five time periods.
52-Week High 0.58 1,685
-5.3%
1-Week 52-Week Low 0.40 1,490
-0.4%
11.3%
1-Year
-3.7%
Page 9 of 11
© 2021 Refinitiv. All rights reserved.
TEX CYCLE TECHNOLOGY (M) (TEXCYCL-KU)
Indust. & Commercial Svcs. / Prof. & Commercial Svcs. / Environmental Svcs. & Equip. DETAILED STOCK REPORT
Report Date: 2021-Nov-21
Page 10 of 11
© 2021 Refinitiv. All rights reserved.
TEX CYCLE TECHNOLOGY (M) (TEXCYCL-KU)
Indust. & Commercial Svcs. / Prof. & Commercial Svcs. / Environmental Svcs. & Equip. DETAILED STOCK REPORT
Report Date: 2021-Nov-21
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
© 2021 Refinitiv. All rights reserved.