0106.KLSE Openmove AI Berhad
- Market cap
- MYR 62.4M
- P/E
- 7.2x
- P/B
- 1.05x
- ROE
- 10.5%
- Dividend yield
- 12.50%
- Fundamental score
- 2.9/5
Ratios use the latest price and the fiscal year ending Jun 2026.
Is 0106.KLSE undervalued?
Graham number0106.KLSE trades 41.9% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Openmove AI Berhad fundamental analysis
13 of 22 checks passedROE 1/2
Moderate return on equity (10.5%), between 10% and 20%.
ROA 1/1
Return on assets (8.3%) is above the industry median (1.1%).
Profit Consistency 2/2
Profitable for 10 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (-66.8%) is not above the 5-year average (-10.9% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-66.8%) is below the industry median (13.6%).
Revenue Growth 1/2
Revenue grew 7.8% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 0/2
Debt to equity cannot be calculated: debt is not reported or equity is negative.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 0/1
Debt is not reported.
Interest Coverage 1/1
EBIT is 31.5x against interest expense, well covered.
PE vs Market 1/1
PE (7.2x) is below the market median (11.4x).
PE vs Industry 1/1
PE (7.2x) is below the industry median (14.7x).
PBV 0/1
Price to book (1.1x) is above the industry median (0.9x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 7.6, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 2/2
Dividend yield (12.5%) is in the top 25% of dividend payers in the market.
Dividend Stability 2/2
Dividends paid without a cut of more than 10% for 11 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 0/1
Payout ratio is 141.0%, above 90% of earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
About Openmove AI Berhad
OpenMove AI Berhad, an investment holding company, provides software solutions and related services for the general insurance, Takaful, unit trust, and financial services industries in Malaysia, Hong Kong, China, and internationally. The company offers e-Cover, an online transaction portal; Agency Portal, a web based mobile responsive portal which provides comprehensive digital solution; and Integrated Insurance Management System, a customer-centric solution that covers vari…
Full company profileOpenmove AI Berhad financial statements
Openmove AI Berhad annual financial statements (MYR; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 18.8M | 20.6M | 21.8M | 22.7M | 25.5M | 25.2M | 26.2M | 27.3M | 48.3M | 34.2M |
| Gross Profit | 13.9M | 15.0M | 16.1M | 16.3M | 18.6M | 18.3M | 19.1M | 20.1M | 34.2M | 22.9M |
| Operating Income | 8.84M | 9.84M | 10.3M | 10.5M | 12.9M | 12.8M | 12.4M | 14.5M | 21.4M | 8.39M |
| EBITDA | - | 10.7M | 10.2M | 11.0M | 12.9M | 13.4M | 13.6M | 15.6M | - | 11.8M |
| Net Income | 6.86M | 7.55M | 7.86M | 7.89M | 9.52M | 9.89M | 9.10M | 11.0M | 16.6M | 5.53M |
| EPS | 0.04 | 0.04 | 0.04 | 0.04 | 0.05 | 0.06 | 0.05 | 0.06 | 0.10 | 0.03 |
| Balance Sheet | ||||||||||
| Total Assets | 36.1M | 37.2M | 39.1M | 41.7M | 45.1M | 49.1M | 49.6M | 54.8M | 72.5M | 66.5M |
| Total Liabilities | 3.90M | 3.18M | 3.00M | 4.39M | 4.43M | 4.50M | 4.96M | 5.26M | 15.5M | 14.0M |
| Shareholders' Equity | 32.2M | 34.0M | 36.1M | 37.3M | 40.7M | 44.6M | 44.6M | 49.6M | 57.1M | 52.5M |
| Cash & Short-term Investments | 26.0M | 28.0M | 30.4M | 29.4M | 14.3M | 26.0M | 26.9M | 27.5M | 34.0M | 6.82M |
| Cash Flow | ||||||||||
| Operating Cash Flow | 9.50M | 7.14M | 7.85M | 6.02M | 8.73M | 14.7M | 7.36M | 12.1M | 19.0M | 8.34M |
| Capital Expenditure | 275K | 201K | 257K | 1.00M | 326K | 2.06M | 1.15M | 494K | 8.15M | 1.84M |
| Free Cash Flow | - | 6.92M | 7.57M | 4.86M | 8.40M | 12.7M | 6.20M | 11.7M | - | 6.50M |
| Ratios | ||||||||||
| ROE | 21.3% | 22.2% | 21.8% | 21.1% | 23.4% | 22.2% | 20.4% | 22.2% | 29.1% | 10.5% |
| ROA | 19.0% | 20.3% | 20.1% | 18.9% | 21.1% | 20.1% | 18.4% | 20.1% | 22.9% | 8.3% |
| Net Profit Margin | 36.4% | 36.7% | 36.0% | 34.7% | 37.3% | 39.2% | 34.7% | 40.3% | 34.4% | 16.2% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
Openmove AI Berhad dividends
- Dividend yield
- 12.50%
- Forward dividend
- -
- Payout ratio
- 141.0%
- Ex-dividend date
- Jun 9, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2026 | MYR 7.79M | 0.04 | 141.0% |
| 2025 | MYR 8.66M | 0.05 | 52.1% |
| 2023 | MYR 6.93M | 0.04 | 62.9% |
| 2022 | MYR 6.97M | 0.04 | 76.6% |
| 2021 | MYR 6.97M | 0.04 | 70.4% |
| 2020 | MYR 5.28M | 0.03 | 55.5% |
| 2019 | MYR 5.33M | 0.03 | 67.6% |
| 2018 | MYR 5.36M | 0.03 | 68.2% |
| 2017 | MYR 5.37M | 0.03 | 71.1% |
| 2016 | MYR 3.59M | 0.02 | 52.3% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 4:3 on Jul 3, 2006.
Who owns Openmove AI Berhad
- Insiders 73.07%
- Institutions 0.00%
- Public & others 26.93%
- Shares outstanding 173M
- Free float 36.5M
Openmove AI Berhad company profile
- Company name
- Openmove AI Berhad
- Ticker
- 0106.KLSE
- ISIN
- MYQ0106OO003
- Exchange
- Kuala Lumpur Exchange
- Sector
- Technology
- Industry
- IT Services
- Employees
- 87
- Fiscal year end
- June
- Address
- Unit 3-01 to 3-07, Level 3, Petaling Jaya, Malaysia, 47800
- Phone
- 60 3 7495 0000
- Website
- rexit.com
About Openmove AI Berhad
OpenMove AI Berhad, an investment holding company, provides software solutions and related services for the general insurance, Takaful, unit trust, and financial services industries in Malaysia, Hong Kong, China, and internationally. The company offers e-Cover, an online transaction portal; Agency Portal, a web based mobile responsive portal which provides comprehensive digital solution; and Integrated Insurance Management System, a customer-centric solution that covers various key operational functions, such as product development, marketing, intermediary management, underwriting, policy management, reinsurance, claims, and payments and accounts. It also provides Electronic Pilihan Pelaburan Ahli system, an online system for the submission of investment and redemption applications, which are settled electronically using the Employees Provident Fund member's contributions. In addition, the company offers takaful solutions, a customer-centric e-cover online transaction portal that offered as a software as a service solution; InfoGuardian, an integrated workflow, case management, and document management system for financial institutions, legal firms, and property valuer firms solutions. Further, the company engages in the research, design, development, and sale of application software solutions, as well as related products and services; offers software technical and consultancy services. Additionally, it provides shared and outsourcing services to insurance companies outside Malaysia, as well as eINSURANS gateway between the insurance companies in Malaysia and the JPJ. The company was formerly known as Rexit Berhad and changed its name to OpenMove AI Berhad in January 2026. The company was founded in 1998 and is based in Petaling Jaya, Malaysia.
Openmove AI Berhad management
9- Mr. Tack Heng WongExecutive Director · born 1972
- Mr. Kee Seng LimGroup Chief Executive Officer · born 1965
- Mr. Yong Qun YongChief Financial Officer · born 1983
- Mr. Tin Heng TongChief Application Officer · born 1970
- Mr. Choon Teng LeeBusiness Chief Executive Officer · born 1981
- Mr. Tze Kok HewChief Strategy Officer · born 1977
- Ms. Mee Kiat WongCompany Secretary
- Ms. Li Heong Lim MAICSACompany Secretary
- Ms. Yen Teng LimJoint Secretary