5278.KLSE Rhone Ma Holdings Bhd
- Market cap
- MYR 152M
- P/E
- 11.4x
- P/B
- 0.82x
- ROE
- 7.7%
- Dividend yield
- 3.67%
- Fundamental score
- 3.6/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is 5278.KLSE undervalued?
Graham number5278.KLSE trades 35.3% 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?
Rhone Ma Holdings Bhd fundamental analysis
18 of 22 checks passedROE 0/2
Low return on equity (7.7%), below 10%.
ROA 0/1
Return on assets (5.5%) is below 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 (15.6%) is above the 5-year average (12.1% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (15.6%) is below the industry median (15.6%).
Revenue Growth 1/2
Revenue grew 4.1% 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 (7.6%), 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 20.6x against interest expense, well covered.
PE vs Market 0/1
PE (11.4x) is above the market median (11.4x).
PE vs Industry 1/1
PE (11.4x) is below the industry median (16.6x).
PBV 1/1
Price to book (0.8x) is below the industry median (0.9x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 9.4, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.94, growth is cheap.
Dividend Yield 1/2
Dividend yield (3.7%) 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 39.3%, 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 Rhone Ma Holdings Bhd
Rhone Ma Holdings Berhad, an investment holding company, engages in the manufacture, trading, marketing, and distribution of biotechnology and animal health products primarily in Malaysia. The company operates through Animal Health Products and Food Equipment; Food Ingredients; and others segments. It offers diagnostic laboratory analysis and consultation services to veterinary, agriculture, and food industries; tests and diagnostics services for human healthcare; and veteri…
Full company profileRhone Ma Holdings Bhd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Rhone Ma 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 | 119M | 137M | 135M | 119M | 147M | 169M | 198M | 203M | 211M | 224M | 220M |
| Gross Profit | 35.4M | 39.6M | 36.8M | 34.8M | 41.0M | 51.2M | 53.9M | 54.1M | 59.5M | 70.0M | 70.0M |
| Operating Income | 13.5M | 17.4M | 14.3M | 12.3M | 12.9M | 19.1M | 20.7M | 19.9M | 20.4M | 23.1M | 23.4M |
| EBITDA | - | 18.9M | 15.4M | 13.9M | 15.1M | 22.5M | 24.1M | 23.9M | 24.2M | 26.3M | 24.7M |
| Net Income | 9.17M | 13.9M | 10.1M | 8.64M | 7.28M | 11.3M | 12.7M | 12.1M | 12.3M | 14.2M | 14.1M |
| EPS | 0.05 | 0.08 | 0.06 | 0.05 | 0.04 | 0.06 | 0.06 | 0.05 | 0.06 | 0.06 | 0.06 |
| Balance Sheet | |||||||||||
| Total Assets | 120M | 131M | 131M | 149M | 186M | 196M | 219M | 231M | 225M | 258M | 256M |
| Total Liabilities | 25.0M | 28.5M | 26.8M | 41.6M | 61.9M | 64.4M | 66.1M | 69.6M | 46.2M | 82.8M | 60.8M |
| Shareholders' Equity | 95.2M | 102M | 104M | 107M | 124M | 131M | 153M | 161M | 168M | 176M | 184M |
| Cash & Short-term Investments | 45.1M | 34.0M | 24.4M | 9.21M | 24.5M | 20.6M | 18.6M | 24.4M | 26.9M | 45.9M | 49.7M |
| Total Debt | 3.69M | 7.23M | 12.5M | 25.2M | 30.9M | - | - | - | - | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 6.94M | 4.53M | 6.93M | 7.42M | 16.9M | 11.2M | -3.58M | -8.03M | 18.4M | 41.2M | 19.4M |
| Capital Expenditure | 317K | 8.04M | 11.8M | 13.8M | 5.44M | 10.1M | 2.26M | 2.45M | 1.44M | 1.48M | 1.35M |
| Free Cash Flow | - | -3.51M | -4.91M | -8.05M | 11.5M | 1.04M | -6.35M | 5.51M | 17.0M | 39.7M | 18.0M |
| Ratios | |||||||||||
| ROE | 9.6% | 13.6% | 9.7% | 8.0% | 5.9% | 8.6% | 8.3% | 7.5% | 7.3% | 8.1% | 7.7% |
| ROA | 7.6% | 10.6% | 7.7% | 5.8% | 3.9% | 5.8% | 5.8% | 5.2% | 5.5% | 5.5% | 5.5% |
| Net Profit Margin | 7.7% | 10.1% | 7.4% | 7.3% | 5.0% | 6.7% | 6.4% | 6.0% | 5.8% | 6.3% | 6.4% |
| Debt to Equity | 0.04x | 0.07x | 0.12x | 0.23x | 0.25x | - | - | - | - | - | - |
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.
Rhone Ma Holdings Bhd dividends
- Dividend yield
- 3.67%
- Forward dividend
- 0.03 MYR
- Payout ratio
- 39.3%
- Ex-dividend date
- Jun 25, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | MYR 5.56M | 0.03 | 39.3% |
| 2024 | MYR 5.53M | 0.03 | 44.9% |
| 2023 | MYR 4.42M | 0.02 | 36.6% |
| 2022 | MYR 4.43M | 0.02 | 34.7% |
| 2021 | MYR 4.02M | 0.02 | 35.7% |
| 2020 | MYR 2.01M | 0.01 | 27.6% |
| 2019 | MYR 5.48M | 0.03 | 63.4% |
| 2018 | MYR 8.30M | 0.05 | 82.5% |
| 2017 | MYR 6.64M | 0.04 | 47.8% |
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: 11:10 on Jan 3, 2019.
Who owns Rhone Ma Holdings Bhd
- Insiders 83.24%
- Institutions 0.00%
- Public & others 16.76%
- Shares outstanding 221M
- Free float 38.0M
Rhone Ma Holdings Bhd company profile
- Company name
- Rhone Ma Holdings Bhd
- Ticker
- 5278.KLSE
- ISIN
- MYL5278OO006
- Exchange
- Kuala Lumpur Exchange
- Sector
- Healthcare
- Industry
- Pharmaceuticals
- Fiscal year end
- December
- Address
- Lot 18A & 18B, Petaling Jaya, Malaysia, 46100
- Phone
- 60 3 7873 7355
- Website
- rhonema.com
About Rhone Ma Holdings Bhd
Rhone Ma Holdings Berhad, an investment holding company, engages in the manufacture, trading, marketing, and distribution of biotechnology and animal health products primarily in Malaysia. The company operates through Animal Health Products and Food Equipment; Food Ingredients; and others segments. It offers diagnostic laboratory analysis and consultation services to veterinary, agriculture, and food industries; tests and diagnostics services for human healthcare; and veterinary advisory services, as well as trades in animal health products. The company also undertakes research and development activities related to animal health, food safety, and agriculture; distributes human healthcare and related products; wholesales and distributes pharmaceutical and veterinary products, including animal feeds; and distributes and supplies food ingredients to manufacturers of food and beverage industries. In addition, the company involved in the raising, breeding, and production of semi-domesticated animals; provision of training and management services; and dairy farming business. Further, it engages in buying, selling, renting or leasing any land or building for business purpose. Rhone Ma Holdings Berhad was founded in 2000 and is headquartered in Petaling Jaya, Malaysia.
Rhone Ma Holdings Bhd management
6- Dr. Ban Keong LimGroup MD & Executive Director · born 1971
- Mr. Kam Weng FoongExecutive Director · born 1960
- Mr. Yan San ChanGroup Finance Director · born 1969
- Mr. Johan Bin Nasir YeoGroup General Manager of Operations · born 1989
- Madam Yit Chan Tai MAICSACompany Secretary
- Ms. Ai Ning Tan MAICSACompany Secretary · born 1972