5246.KLSE Westports Holdings Bhd
- Market cap
- MYR 23.8B
- P/E
- 18.2x
- P/B
- 5.34x
- ROE
- 30.9%
- Dividend yield
- 2.72%
- Fundamental score
- 3.2/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Sep 2026.
Is 5246.KLSE undervalued?
Graham number5246.KLSE trades 107.7% above 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?
Westports Holdings Bhd fundamental analysis
15 of 22 checks passedROE 2/2
High return on equity (30.9%), above 20%.
ROA 1/1
Return on assets (14.5%) is above the industry median (5.5%).
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 1/1
Last year's EPS growth (11.1%) is above the 5-year average (8.8% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (11.1%) is above the industry median (-20.6%).
Revenue Growth 2/2
Revenue grew 14.7% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 0/1
Current assets do not cover long-term liabilities.
Debt to Equity 1/2
Moderate debt to equity (77.4%), up to 100%.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 1/1
EBIT is 16.4x against interest expense, well covered.
PE vs Market 0/1
PE (18.2x) is above the market median (11.4x).
PE vs Industry 0/1
PE (18.2x) is above the industry median (10.5x).
PBV 0/1
Price to book (5.3x) is above the industry median (0.7x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 97.0, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 2.07, above 1.
Dividend Yield 1/2
Dividend yield (2.7%) is above the bottom 25% of dividend payers in the market.
Dividend Stability 1/2
Dividends paid without a cut of more than 10% for 6 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 64.8%, 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 Westports Holdings Bhd
Westports Holdings Berhad, an investment holding company, develops and manages ports. The company operates a port under the Westports name in Port Klang, Malaysia. Its port offers container cargo services; conventional services, including dry bulk, break bulk, liquid bulk, cement cargo, and roll-on-roll-off services; and marine services. The company also constructs and operates the terminal facilities; offers container-related terminal handling services to shipping lines and…
Full company profileWestports Holdings Bhd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Sep 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Westports Holdings Bhd annual financial statements (MYR; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 2.04B | 2.09B | 1.61B | 1.78B | 1.97B | 2.02B | 2.07B | 2.15B | 2.34B | 3.12B | 3.78B |
| Gross Profit | 991M | 926M | 954M | 1.11B | 1.16B | 1.23B | 1.19B | 1.24B | 1.44B | 1.70B | 2.21B |
| Operating Income | 819M | 745M | 782M | 849M | 930M | 1.10B | 950M | 1.04B | 1.19B | 1.66B | 2.16B |
| EBITDA | 997M | 942M | 1.01B | 1.12B | 1.21B | 1.37B | 1.27B | 1.32B | 1.47B | 1.70B | 2.46B |
| Net Income | 637M | 652M | 533M | 591M | 654M | 808M | 700M | 779M | 898M | 998M | 1.37B |
| EPS | 0.19 | 0.19 | 0.16 | 0.17 | 0.19 | 0.24 | 0.21 | 0.23 | 0.26 | 0.29 | 0.40 |
| Balance Sheet | |||||||||||
| Total Assets | 4.35B | 5.08B | 5.09B | 5.13B | 5.26B | 5.42B | 5.28B | 5.34B | 7.78B | 8.89B | 9.47B |
| Total Liabilities | 2.28B | 2.81B | 2.67B | 2.57B | 2.43B | 2.29B | 2.01B | 1.82B | 3.96B | 4.72B | 5.03B |
| Shareholders' Equity | 2.07B | 2.27B | 2.42B | 2.56B | 2.83B | 3.13B | 3.27B | 3.52B | 3.82B | 4.17B | 4.44B |
| Cash & Short-term Investments | 388M | 524M | 407M | 657M | 739M | 665M | 511M | 535M | 729M | 832M | 953M |
| Total Debt | 1.18B | 1.53B | 1.50B | 1.46B | 1.37B | 1.22B | 1.04B | 918M | 1.16B | 1.05B | 3.44B |
| Cash Flow | |||||||||||
| Operating Cash Flow | 939M | 1.09B | 588M | 960M | 1.02B | 1.10B | 899M | 995M | 1.29B | 1.49B | 1.96B |
| Capital Expenditure | 491M | 812M | 210M | 80.7M | 323M | 371M | 246M | 227M | 99.8M | 121M | 160M |
| Free Cash Flow | 448M | 273M | 378M | 879M | 702M | 730M | 653M | 768M | 1.21B | 1.37B | 1.80B |
| Ratios | |||||||||||
| ROE | 30.8% | 28.6% | 22.1% | 23.1% | 23.1% | 25.8% | 21.4% | 22.1% | 23.5% | 23.9% | 30.9% |
| ROA | 14.6% | 12.8% | 10.5% | 11.5% | 12.4% | 14.9% | 13.2% | 14.6% | 11.5% | 11.2% | 14.5% |
| Net Profit Margin | 31.3% | 31.2% | 33.0% | 33.1% | 33.1% | 40.0% | 33.8% | 36.2% | 38.3% | 31.9% | 36.4% |
| Debt to Equity | 0.57x | 0.67x | 0.62x | 0.57x | 0.48x | 0.39x | 0.32x | 0.26x | 0.30x | 0.25x | 0.77x |
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.
Westports Holdings Bhd dividends
- Dividend yield
- 2.72%
- Forward dividend
- 0.30 MYR
- Payout ratio
- 64.8%
- Ex-dividend date
- Aug 13, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | MYR 647M | 0.19 | 64.8% |
| 2024 | MYR 601M | 0.18 | 66.9% |
| 2023 | MYR 534M | 0.16 | 68.5% |
| 2022 | MYR 552M | 0.16 | 78.9% |
| 2021 | MYR 510M | 0.15 | 63.2% |
| 2020 | MYR 386M | 0.11 | 58.9% |
| 2019 | MYR 446M | 0.13 | 75.4% |
| 2018 | MYR 455M | 0.13 | 85.3% |
| 2017 | MYR 446M | 0.13 | 68.4% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Westports Holdings Bhd
- Insiders 69.15%
- Institutions 20.77%
- Public & others 10.08%
- Shares outstanding 3.45B
- Free float 1.07B
Westports Holdings Bhd company profile
- Company name
- Westports Holdings Bhd
- Ticker
- 5246.KLSE
- ISIN
- MYL5246OO003
- Exchange
- Kuala Lumpur Exchange
- Sector
- Industrials
- Industry
- Marine Transportation
- Employees
- 5,737
- Fiscal year end
- December
- Address
- Westports, Port Klang, Malaysia, 42009
- Phone
- 60 3 3169 4000
- Website
- westportsholdings.com
About Westports Holdings Bhd
Westports Holdings Berhad, an investment holding company, develops and manages ports. The company operates a port under the Westports name in Port Klang, Malaysia. Its port offers container cargo services; conventional services, including dry bulk, break bulk, liquid bulk, cement cargo, and roll-on-roll-off services; and marine services. The company also constructs and operates the terminal facilities; offers container-related terminal handling services to shipping lines and forwarders. Westports Holdings Berhad was incorporated in 1993 and is based in Port Klang, Malaysia.
Westports Holdings Bhd management
10- Mr. Ruben Emir Gnanalingam Bin AbdullahExecutive Chairman · born 1977
- Mr. Mun Tat Lee CPAGroup MD & Director · born 1971
- Mr. Vijaya Kumar PuspowanamChief Executive Officer · born 1976
- Mr. Megat Amirul Zameer Bin Megat AB.RahmanChief Financial Officer · born 1992
- Mr. Majdi Bin MohammadHead of Operation Department · born 1981
- Mr. Veeranaidu RamanduHead of Corporate Finance · born 1972
- Mr. Kong Meng ChangHead of Investor Relations · born 1969
- Syafinas Binti ShabudinHead of Legal, Claims & Insurance · born 1984
- Mr. Nanthakumar MurokanaGeneral Manager of Marketing & Conventional · born 1973
- Mr. Wardi Pamar Bin WahidHead of Human Resources · born 1977