7115.KLSE SKB Shutters Corporation Bhd
- Market cap
- MYR 172M
- P/E
- 5.5x
- P/B
- 0.89x
- ROE
- 15.9%
- Dividend yield
- 2.83%
- Fundamental score
- 3.2/5
Ratios use the latest price and the fiscal year ending Jun 2026.
Is 7115.KLSE undervalued?
Graham number7115.KLSE trades 53.2% 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?
SKB Shutters Corporation Bhd fundamental analysis
17 of 22 checks passedROE 1/2
Moderate return on equity (15.9%), between 10% and 20%.
ROA 1/1
Return on assets (8.6%) is above the industry median (4.2%).
Profit Consistency 2/2
Profitable for 6 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 (18.9%) is not above the 5-year average (32.9% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (18.9%) is above the industry median (1.5%).
Revenue Growth 0/2
Revenue did not grow over the past 3 years or is not reported.
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 1/2
Moderate debt to equity (46.6%), up to 100%.
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 18.5x against interest expense, well covered.
PE vs Market 1/1
PE (5.5x) is below the market median (11.4x).
PE vs Industry 1/1
PE (5.5x) is below the industry median (9.9x).
PBV 0/1
Price to book (0.9x) is above the industry median (0.7x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 4.9, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.17, growth is cheap.
Dividend Yield 1/2
Dividend yield (2.8%) is above the bottom 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 15.9%, 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 SKB Shutters Corporation Bhd
SKB Shutters Corporation Berhad, an investment holding company, engages in the manufacture, sale, and trade of roller shutters, racking systems, storage systems, and related steel products in Malaysia, rest of Asia, Oceania, the Middle East, and internationally. It offers aluminum, double-wall, fire resistance, and lightweight greaseless roller shutters; automatic reset for fire shutters; motorized shutters DC motor; motorized shutters safety beam sensors; powerless auto lif…
Full company profileSKB Shutters Corporation Bhd financial statements
SKB Shutters Corporation 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 | 69.1M | 65.2M | 65.6M | 66.6M | 64.4M | 74.5M | 112M | 116M | 138M | - |
| Gross Profit | 17.8M | 16.3M | 16.1M | 12.4M | 14.0M | 18.2M | 34.3M | 41.1M | 54.1M | - |
| Operating Income | 6.12M | 6.23M | 6.43M | 2.51M | 7.48M | 13.8M | 20.2M | 23.5M | 35.3M | 41.4M |
| EBITDA | 9.89M | 10.5M | 10.7M | 6.72M | 11.7M | 18.2M | 24.8M | 29.4M | 42.1M | 48.6M |
| Net Income | 2.12M | 1.97M | 3.18M | -959K | 5.02M | 9.60M | 15.0M | 16.4M | 25.8M | 30.7M |
| EPS | 0.02 | 0.02 | 0.03 | -0.01 | 0.04 | 0.07 | 0.11 | 0.12 | 0.13 | 0.16 |
| Balance Sheet | ||||||||||
| Total Assets | 175M | 157M | 163M | 159M | 166M | 179M | 227M | 248M | 311M | 358M |
| Total Liabilities | 97.1M | 77.9M | 79.9M | 77.1M | 75.0M | 78.8M | 112M | 116M | 133M | 164M |
| Shareholders' Equity | 77.5M | 79.5M | 82.7M | 81.7M | 91.1M | 101M | 116M | 132M | 178M | 193M |
| Cash & Short-term Investments | 11.4M | 7.87M | 5.19M | 7.11M | 17.8M | 16.8M | 24.3M | 43.4M | 75.3M | 20.1M |
| Total Debt | 61.2M | 53.9M | 53.1M | 54.5M | 49.5M | - | - | - | - | - |
| Cash Flow | ||||||||||
| Operating Cash Flow | 11.5M | 10.1M | 3.34M | 5.95M | 14.9M | 2.10M | 18.9M | 21.3M | 30.6M | 19.3M |
| Capital Expenditure | 47.4M | 1.84M | 794K | 1.05M | 1.17M | 3.17M | 37.2M | 720K | 17.2M | 40.8M |
| Free Cash Flow | -36.0M | 8.23M | 2.55M | 4.90M | 13.7M | -1.07M | -18.6M | 19.2M | 12.0M | -21.5M |
| Ratios | ||||||||||
| ROE | 2.7% | 2.5% | 3.8% | -1.2% | 5.5% | 9.5% | 13.0% | 12.4% | 14.5% | 15.9% |
| ROA | 1.2% | 1.3% | 2.0% | -0.6% | 3.0% | 5.3% | 6.6% | 6.6% | 8.3% | 8.6% |
| Net Profit Margin | 3.1% | 3.0% | 4.8% | -1.4% | 7.8% | 12.9% | 13.4% | 14.1% | 18.7% | - |
| Debt to Equity | 0.79x | 0.68x | 0.64x | 0.67x | 0.54x | - | - | - | - | - |
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.
SKB Shutters Corporation Bhd dividends
- Dividend yield
- 2.83%
- Forward dividend
- 0.06 MYR
- Payout ratio
- 15.9%
- Ex-dividend date
- Jun 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2026 | MYR 4.86M | 0.03 | 15.9% |
| 2025 | MYR 7.78M | 0.04 | 30.2% |
| 2024 | - | - | - |
| 2023 | - | - | - |
| 2022 | - | - | - |
| 2021 | - | - | - |
| 2020 | - | - | - |
| 2019 | - | - | - |
| 2018 | - | - | - |
| 2017 | - | - | - |
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: 3:1 on Jan 3, 2022.
Who owns SKB Shutters Corporation Bhd
- Insiders 67.37%
- Institutions 6.12%
- Public & others 26.52%
- Shares outstanding 195M
- Free float 63.5M
SKB Shutters Corporation Bhd company profile
- Company name
- SKB Shutters Corporation Bhd
- Ticker
- 7115.KLSE
- ISIN
- MYL7115OO008
- Exchange
- Kuala Lumpur Exchange
- Sector
- Industrials
- Industry
- Machinery
- Employees
- 172
- Fiscal year end
- June
- Address
- Jalan Teknologi, Petaling Jaya, Malaysia, 47810
- Phone
- 60 3 6157 2277
- Website
- skb-shutters.com
About SKB Shutters Corporation Bhd
SKB Shutters Corporation Berhad, an investment holding company, engages in the manufacture, sale, and trade of roller shutters, racking systems, storage systems, and related steel products in Malaysia, rest of Asia, Oceania, the Middle East, and internationally. It offers aluminum, double-wall, fire resistance, and lightweight greaseless roller shutters; automatic reset for fire shutters; motorized shutters DC motor; motorized shutters safety beam sensors; powerless auto lift up safety; roller grille; roller shutter with swing doors; safety arrester brakes; back-up batteries; wireless remote controls; and heavy duty, insulated fire, horizontal fire-rated, lateral sliding pathwinder, outdoor heavy duty design, powerless fail-safe flood, roller grille and see-thru, security staircase, and transparent shutters. The company also provides fold up, spiral, safety and self-repairing PVC roll up, blast resistant steel, non-fire rated steel, and insulated fire-rated steel doors; and sanigate, a mobile disinfection chamber. In addition, it offers storage racking systems, including easy slide mobile racking, automated storage and retrieval, modular shelving, boltless racking, cantilever racking, longspan shelving, multi-tiers/raised storage, pallet flow rack, push back pallet racking, aisle pallet racking, drive-in pallet racking, double-deep pallet racking, speedrack/DIY shelving, and selective pallet racking systems, as well as integrated warehouse solutions. SKB Shutters Corporation Berhad was founded in 1957 and is headquartered in Petaling Jaya, Malaysia.
SKB Shutters Corporation Bhd management
6- Mr. Kheng Lee SinExecutive Chairman · born 1957
- Ms. Siew Huey SinCFO, Group MD & Executive Director · born 1982
- Ms. Lee Sin ChouExecutive Director · born 1959
- Mr. Ching San SinHead of Productivity & Quality of Roller Shutters and Executive Director · born 1968
- Ms. Tze Yi SinExecutive Director · born 1987
- Ms. Lee Phing Chin MAICSACompany Secretary