Comfort Gloves Berhad Logo

Comfort Gloves Berhad

2127.KL

(1.2)
Stock Price

0,40 MYR

-6.24% ROA

-4.28% ROE

-4.78x PER

Market Cap.

293.123.709,00 MYR

4.44% DER

0% Yield

-11.3% NPM

Comfort Gloves Berhad Stock Analysis

Comfort Gloves Berhad Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Comfort Gloves Berhad Fundamental Stock Analysis
# Analysis Rating
1 PBV

The stock's low PBV ratio (0.26x) suggests it's undervalued, making it an attractive opportunity for investors.

2 DER

The stock has a low debt to equity ratio (6%), which means it has a small amount of debt compared to the ownership it holds

3 Graham Number

The Graham number of this company suggests that its stock price may be undervalued, indicating a potentially attractive investment opportunity.

4 ROE

The stock's ROE indicates a negative return (-7.8%) on shareholders' equity, suggesting poor financial performance.

5 ROA

The stock's ROA (-7.14%) indicates that it's not effectively utilizing its assets to generate profits, making it a less favorable option to invest and earn consistent returns.

6 Revenue Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

7 Net Profit Growth

Despite the passage of five years, this company's net profit has not shown any improvement, highlighting a lack of growth and making it a less appealing investment prospect.

8 Assets Growth

Company's revenue has stayed stagnant, showing no signs of improvement and making it a less favorable choice.

9 Dividend Growth

The company's dividend growth has been flat for the past three years, raising concerns for potential investors seeking reliable returns.

10 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

11 Buffet Intrinsic Value

The company's stock shows signs of being overvalued (-6) according to Warren Buffett's formula, indicating a potential downside as its market price exceeds its estimated intrinsic value.

Comfort Gloves Berhad Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Comfort Gloves Berhad Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Comfort Gloves Berhad Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Comfort Gloves Berhad Revenue
Year Revenue Growth
2005 91.304.680
2006 104.975.807 13.02%
2007 101.393.036 -3.53%
2008 136.418.429 25.67%
2009 147.086.978 7.25%
2010 139.540.722 -5.41%
2011 117.806.161 -18.45%
2012 125.409.042 6.06%
2013 134.698.212 6.9%
2014 155.216.603 13.22%
2015 229.838.180 32.47%
2016 262.987.738 12.6%
2017 421.175.627 37.56%
2018 474.033.018 11.15%
2019 510.737.818 7.19%
2020 946.447.305 46.04%
2021 1.390.655.377 31.94%
2022 606.680.209 -129.22%
2023 289.796.000 -109.35%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Comfort Gloves Berhad Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Comfort Gloves Berhad General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 6.356.781
2006 5.998.831 -5.97%
2007 15.861.477 62.18%
2008 5.741.051 -176.28%
2009 7.196.095 20.22%
2010 42.382.235 83.02%
2011 10.999.401 -285.31%
2012 9.599.108 -14.59%
2013 44.761.783 78.56%
2014 6.739.938 -564.13%
2015 9.345.713 27.88%
2016 23.755.869 60.66%
2017 15.182.010 -56.47%
2018 12.555.691 -20.92%
2019 13.526.439 7.18%
2020 33.432.948 59.54%
2021 132.373.105 74.74%
2022 41.596.568 -218.23%
2023 16.124.000 -157.98%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Comfort Gloves Berhad EBITDA
Year EBITDA Growth
2005 6.475.085
2006 377.755 -1614.1%
2007 -10.828.450 103.49%
2008 4.677.518 331.5%
2009 16.017.956 70.8%
2010 -27.120.728 159.06%
2011 -9.699.046 -179.62%
2012 -21.920.495 55.75%
2013 -35.930.547 38.99%
2014 8.987.275 499.79%
2015 28.719.630 68.71%
2016 22.023.204 -30.41%
2017 51.773.802 57.46%
2018 52.797.988 1.94%
2019 67.533.041 21.82%
2020 393.815.245 82.85%
2021 582.214.895 32.36%
2022 -15.933.174 3754.1%
2023 31.084.000 151.26%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Comfort Gloves Berhad Gross Profit
Year Gross Profit Growth
2005 8.640.823
2006 3.014.573 -186.64%
2007 1.249.639 -141.24%
2008 3.146.728 60.29%
2009 13.436.286 76.58%
2010 1.143.408 -1075.11%
2011 -8.260.767 113.84%
2012 -25.642.522 67.78%
2013 103.621 24846.45%
2014 9.841.890 98.95%
2015 33.870.945 70.94%
2016 38.721.750 12.53%
2017 58.517.075 33.83%
2018 57.137.228 -2.41%
2019 65.105.204 12.24%
2020 407.097.930 84.01%
2021 681.746.051 40.29%
2022 -17.881.359 3912.61%
2023 -3.504.000 -410.31%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Comfort Gloves Berhad Net Profit
Year Net Profit Growth
2005 140.301
2006 -5.631.060 102.49%
2007 -17.460.599 67.75%
2008 -4.959.836 -252.04%
2009 5.242.961 194.6%
2010 -37.965.850 113.81%
2011 -21.369.326 -77.67%
2012 -38.684.474 44.76%
2013 -19.265.958 -100.79%
2014 4.257.410 552.53%
2015 23.485.174 81.87%
2016 25.866.908 9.21%
2017 35.896.556 27.94%
2018 27.895.303 -28.68%
2019 33.182.135 15.93%
2020 280.223.228 88.16%
2021 421.519.097 33.52%
2022 -42.303.521 1096.42%
2023 -31.652.000 -33.65%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Comfort Gloves Berhad Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 1 0%
2022 0 0%
2023 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Comfort Gloves Berhad Free Cashflow
Year Free Cashflow Growth
2005 -25.690.535
2006 -14.044.751 -82.92%
2007 -15.986.465 12.15%
2008 -1.317.920 -1113.01%
2009 -4.516.237 70.82%
2010 -17.434.827 74.1%
2011 -18.337.349 4.92%
2012 12.407.016 247.8%
2013 -28.245.036 143.93%
2014 -19.430.720 -45.36%
2015 -23.825.647 18.45%
2016 -24.802.548 3.94%
2017 -5.649.982 -338.98%
2018 -52.978.391 89.34%
2019 23.415.261 326.26%
2020 133.619.609 82.48%
2021 238.806.231 44.05%
2022 -11.888.995 2108.63%
2023 19.861.000 159.86%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Comfort Gloves Berhad Operating Cashflow
Year Operating Cashflow Growth
2005 670.575
2006 -5.094.379 113.16%
2007 -9.285.059 45.13%
2008 6.374.049 245.67%
2009 406.245 -1469.02%
2010 -13.203.862 103.08%
2011 -8.204.690 -60.93%
2012 13.904.264 159.01%
2013 -6.921.083 300.9%
2014 -1.483.168 -366.64%
2015 8.388.273 117.68%
2016 22.719.543 63.08%
2017 29.309.931 22.49%
2018 10.734.435 -173.05%
2019 74.198.974 85.53%
2020 263.064.486 71.79%
2021 344.890.718 23.73%
2022 38.299.576 -800.51%
2023 23.173.000 -65.28%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Comfort Gloves Berhad Capital Expenditure
Year Capital Expenditure Growth
2005 26.361.110
2006 8.950.372 -194.53%
2007 6.701.406 -33.56%
2008 7.691.969 12.88%
2009 4.922.482 -56.26%
2010 4.230.965 -16.34%
2011 10.132.659 58.24%
2012 1.497.248 -576.75%
2013 21.323.953 92.98%
2014 17.947.552 -18.81%
2015 32.213.920 44.29%
2016 47.522.091 32.21%
2017 34.959.913 -35.93%
2018 63.712.826 45.13%
2019 50.783.713 -25.46%
2020 129.444.877 60.77%
2021 106.084.487 -22.02%
2022 50.188.571 -111.37%
2023 3.312.000 -1415.36%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Comfort Gloves Berhad Equity
Year Equity Growth
2005 93.411.120
2006 87.780.060 -6.41%
2007 70.216.604 -25.01%
2008 65.256.768 -7.6%
2009 70.499.729 7.44%
2010 103.559.880 31.92%
2011 82.190.554 -26%
2012 43.506.080 -88.92%
2013 36.311.367 -19.81%
2014 95.368.777 61.93%
2015 180.742.633 47.24%
2016 206.102.367 12.3%
2017 245.410.319 16.02%
2018 277.855.884 11.68%
2019 310.693.781 10.57%
2020 582.172.771 46.63%
2021 934.946.419 37.73%
2022 892.046.264 -4.81%
2023 850.667.000 -4.86%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Comfort Gloves Berhad Assets
Year Assets Growth
2005 148.987.208
2006 165.590.414 10.03%
2007 150.080.255 -10.33%
2008 158.674.556 5.42%
2009 172.526.934 8.03%
2010 199.078.177 13.34%
2011 177.996.300 -11.84%
2012 136.397.911 -30.5%
2013 108.817.665 -25.35%
2014 122.696.836 11.31%
2015 199.684.727 38.55%
2016 247.718.761 19.39%
2017 306.952.561 19.3%
2018 455.075.022 32.55%
2019 483.062.401 5.79%
2020 786.825.265 38.61%
2021 1.179.579.317 33.3%
2022 990.584.624 -19.08%
2023 942.007.000 -5.16%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Comfort Gloves Berhad Liabilities
Year Liabilities Growth
2005 55.576.088
2006 77.810.354 28.57%
2007 79.863.651 2.57%
2008 93.417.788 14.51%
2009 102.027.205 8.44%
2010 95.518.297 -6.81%
2011 95.805.746 0.3%
2012 92.891.831 -3.14%
2013 72.506.298 -28.12%
2014 27.328.059 -165.32%
2015 18.942.094 -44.27%
2016 41.616.394 54.48%
2017 61.542.242 32.38%
2018 177.219.138 65.27%
2019 172.368.620 -2.81%
2020 204.652.494 15.77%
2021 244.632.898 16.34%
2022 98.538.360 -148.26%
2023 91.340.000 -7.88%

Comfort Gloves Berhad Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
0.61
Net Income per Share
-0.1
Price to Earning Ratio
-4.78x
Price To Sales Ratio
0.82x
POCF Ratio
-232.23
PFCF Ratio
-16.83
Price to Book Ratio
0.33
EV to Sales
0.51
EV Over EBITDA
-4.56
EV to Operating CashFlow
-148.68
EV to FreeCashFlow
-10.33
Earnings Yield
-0.21
FreeCashFlow Yield
-0.06
Market Cap
0,29 Bil.
Enterprise Value
0,18 Bil.
Graham Number
1.83
Graham NetNet
0.35

Income Statement Metrics

Net Income per Share
-0.1
Income Quality
0.01
ROE
-0.07
Return On Assets
-0.04
Return On Capital Employed
-0.05
Net Income per EBT
0.77
EBT Per Ebit
1.06
Ebit per Revenue
-0.14
Effective Tax Rate
0.23

Margins

Sales, General, & Administrative to Revenue
0.07
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
-0.1
Operating Profit Margin
-0.14
Pretax Profit Margin
-0.15
Net Profit Margin
-0.11

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
-0
Free CashFlow per Share
-0.03
Capex to Operating CashFlow
13.39
Capex to Revenue
-0.05
Capex to Depreciation
-0.35
Return on Invested Capital
-0.07
Return on Tangible Assets
-0.06
Days Sales Outstanding
0
Days Payables Outstanding
38.06
Days of Inventory on Hand
65.59
Receivables Turnover
0
Payables Turnover
9.59
Inventory Turnover
5.56
Capex per Share
-0.03

Balance Sheet

Cash per Share
0,44
Book Value per Share
1,47
Tangible Book Value per Share
1.47
Shareholders Equity per Share
1.47
Interest Debt per Share
0.07
Debt to Equity
0.04
Debt to Assets
0.04
Net Debt to EBITDA
2.87
Current Ratio
6.25
Tangible Asset Value
0,85 Bil.
Net Current Asset Value
0,39 Bil.
Invested Capital
0.04
Working Capital
0,41 Bil.
Intangibles to Total Assets
0
Average Receivables
0,00 Bil.
Average Payables
0,04 Bil.
Average Inventory
76927000
Debt to Market Cap
0.13

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Comfort Gloves Berhad Dividends
Year Dividends Growth
2005 0
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%

Comfort Gloves Berhad Profile

About Comfort Gloves Berhad

Comfort Gloves Berhad, an investment holding company, manufactures and trades in latex gloves in Malaysia, the United States, Asia, Europe, Canada, and internationally. It operates through Manufacturing, Investment Holding, Trading, and Others segments. The company offers natural rubber, nitrile, and specialty gloves; and provides management services. It also exports its products. The company was formerly known as Integrated Rubber Corporation Berhad and changed its name to Comfort Gloves Berhad in August 2015. Comfort Gloves Berhad was incorporated in 1937 and is based in Taiping, Malaysia.

CEO
Mr. Joo Yong Lau
Employee
1.703
Address
Lot 821
Taiping, 34750

Comfort Gloves Berhad Executives & BODs

Comfort Gloves Berhad Executives & BODs
# Name Age
1 Ms. Eoi Leng Chan
Secretary
70
2 Ms. Kwai Yoong Chong
Joint Secretary
70
3 Mr. Eng Guang Lau
Executive Chairman
70
4 Mr. Joo Yong Lau
Group Chief Executive Officer & Executive Director
70
5 Mr. Joo Pern Lau
Executive Director
70
6 Mr. Wai Leong Leong
Vice President & Chief Financial Officer
70

Comfort Gloves Berhad Competitors