2062.KLSE Harbour Link Group Bhd
- Market cap
- MYR 490M
- P/E
- 5.3x
- P/B
- 0.50x
- ROE
- 9.6%
- Dividend yield
- 9.27%
- Fundamental score
- 3.4/5
Ratios use the latest price and the fiscal year ending Jun 2026.
Is 2062.KLSE undervalued?
Graham number2062.KLSE trades 65.5% 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?
Harbour Link Group Bhd fundamental analysis
16 of 22 checks passedROE 0/2
Low return on equity (9.6%), below 10%.
ROA 1/1
Return on assets (6.5%) is above the industry median (1.4%).
Profit Consistency 2/2
Profitable for 10 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (-21.4%) is not above the 5-year average (8.9% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-21.4%) is below the industry median (-3.3%).
Revenue Growth 0/2
Revenue shrank 1.5% 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 2/2
Low debt to equity (0.4%), 40% or less.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 1/1
EBIT is 29.5x against interest expense, well covered.
PE vs Market 1/1
PE (5.3x) is below the market median (11.4x).
PE vs Industry 1/1
PE (5.3x) is below the industry median (9.8x).
PBV 0/1
Price to book (0.5x) is above the industry median (0.5x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 2.7, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.60, growth is cheap.
Dividend Yield 2/2
Dividend yield (9.3%) is in the top 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 49.0%, covered by 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 Harbour Link Group Bhd
Harbour-Link Group Berhad, an investment holding company, engages in management services in Malaysia, Hong Kong, China, Singapore, and Brunei. It operates through six segments: Investment holding, Shipping and Marine Services, Integrated Logistics, Machineries Trading, Engineering Works, and Property Development. The company provides container shipping liner services, tugboats and barges, as well as ship agency and management services; multimodal transportation; transport ve…
Full company profileHarbour Link Group Bhd financial statements
Harbour Link Group Bhd annual financial statements (MYR; K = thousand, M = million, B = billion, T = trillion)
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | ||||||||||
| Revenue | 526M | 647M | 594M | 617M | 609M | 908M | 1.01B | 942M | 1.03B | 961M |
| Gross Profit | 77.7M | 97.0M | 83.0M | 103M | 136M | 256M | 260M | 190M | 222M | 209M |
| Operating Income | 50.4M | 61.6M | 44.8M | 40.1M | 88.6M | 205M | 195M | 128M | 160M | 119M |
| EBITDA | 75.5M | 87.9M | 70.2M | 71.8M | 117M | 236M | 240M | 174M | 216M | 208M |
| Net Income | 28.6M | 35.9M | 25.0M | 25.9M | 60.6M | 150M | 148M | 86.2M | 118M | 92.7M |
| EPS | 0.07 | 0.09 | 0.06 | 0.06 | 0.15 | 0.38 | 0.37 | 0.22 | 0.30 | 0.23 |
| Balance Sheet | ||||||||||
| Total Assets | 607M | 631M | 651M | 674M | 733M | 962M | 1.09B | 1.17B | 1.29B | 1.43B |
| Total Liabilities | 260M | 255M | 253M | 254M | 258M | 346M | 345M | 360M | 394M | 324M |
| Shareholders' Equity | 347M | 376M | 398M | 419M | 475M | 616M | 743M | 806M | 898M | 961M |
| Cash & Short-term Investments | 118M | 146M | 123M | 160M | 202M | 304M | 423M | 399M | 439M | 341M |
| Total Debt | 67.2M | 64.8M | 64.5M | 76.0M | 48.6M | - | - | - | - | - |
| Cash Flow | ||||||||||
| Operating Cash Flow | 44.7M | 65.6M | 27.9M | 79.1M | 93.2M | 212M | 209M | 122M | 132M | 160M |
| Capital Expenditure | 25.9M | 22.6M | 62.1M | 22.9M | 17.3M | 67.9M | 56.0M | 108M | 49.1M | 101M |
| Free Cash Flow | 18.8M | 43.0M | -34.2M | 56.2M | 75.9M | 144M | 159M | 14.0M | 52.8M | 59.2M |
| Ratios | ||||||||||
| ROE | 8.2% | 9.5% | 6.3% | 6.2% | 12.7% | 24.3% | 19.9% | 10.7% | 13.1% | 9.6% |
| ROA | 4.7% | 5.7% | 3.8% | 3.8% | 8.3% | 15.6% | 13.6% | 7.4% | 9.1% | 6.5% |
| Net Profit Margin | 5.4% | 5.6% | 4.2% | 4.2% | 9.9% | 16.5% | 14.7% | 9.2% | 11.4% | 9.6% |
| Debt to Equity | 0.19x | 0.17x | 0.16x | 0.18x | 0.10x | - | - | - | - | - |
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.
- Total Debt
- Short and long-term borrowings.
- 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.
- Debt to Equity
- Total debt divided by shareholders' equity.
Harbour Link Group Bhd dividends
- Dividend yield
- 9.27%
- Forward dividend
- 0.08 MYR
- Payout ratio
- 49.0%
- Ex-dividend date
- Mar 11, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2026 | MYR 45.4M | 0.11 | 49.0% |
| 2025 | MYR 23.9M | 0.06 | 20.3% |
| 2024 | MYR 23.9M | 0.06 | 27.7% |
| 2023 | MYR 26.9M | 0.07 | 18.2% |
| 2022 | MYR 9.96M | 0.03 | 6.7% |
| 2021 | MYR 3.99M | 0.01 | 6.6% |
| 2020 | MYR 4.00M | 0.01 | 15.4% |
| 2019 | MYR 4.00M | 0.01 | 16.0% |
| 2018 | MYR 6.01M | 0.02 | 16.7% |
| 2017 | MYR 8.01M | 0.02 | 28.0% |
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: 2:1 on Mar 29, 2016.
Who owns Harbour Link Group Bhd
- Insiders 82.19%
- Institutions 2.67%
- Public & others 15.15%
- Shares outstanding 399M
- Free float 69.5M
Harbour Link Group Bhd company profile
- Company name
- Harbour Link Group Bhd
- Ticker
- 2062.KLSE
- ISIN
- MYL2062OO007
- Exchange
- Kuala Lumpur Exchange
- Sector
- Industrials
- Industry
- Air Freight & Logistics
- Employees
- 1,976
- Fiscal year end
- June
- Address
- Wisma Harbour, Bintulu, Malaysia, 97000
- Phone
- 60 8 631 8998
- Website
- harbour.com.my
About Harbour Link Group Bhd
Harbour-Link Group Berhad, an investment holding company, engages in management services in Malaysia, Hong Kong, China, Singapore, and Brunei. It operates through six segments: Investment holding, Shipping and Marine Services, Integrated Logistics, Machineries Trading, Engineering Works, and Property Development. The company provides container shipping liner services, tugboats and barges, as well as ship agency and management services; multimodal transportation; transport vehicles, such as container trailers, prime movers, cargo lorries, and dump trucks; and cargo handling, shipping arrangements, engineered heavy transport solutions. It also operates in engineering and construction of petroleum and chemical storage tanks, marine terminals, and piping work. In addition, the company trades and sells machinery rentals; property development; consultancy and provision of engineering works; hiring and transportation; ancillary works; multidiscipline engineering; mechanical and engineering works construction and procurement; as well as ship owning and ship operator services. The company was founded in 1975 and is headquartered in Bintulu, Malaysia.
Harbour Link Group Bhd management
6- Mr. Piaw Soon YongExecutive Chairman & Group MD · born 1952
- Mr. Siong Seh WongCo-Founder & Executive Director · born 1962
- Mr. Guan Seng TohExecutive Director · born 1955
- Ms. Lee Hung ChanFinancial Controller · born 1971
- Ms. Seck Wah Lim MAICSACompany Secretary · born 1959
- Mr. Chi Hoe Tang MAICSACompany Secretary