7200.KLSE Tek Seng Holdings Bhd
- Market cap
- MYR 93.7M
- P/E
- 6.5x
- P/B
- 0.37x
- ROE
- 6.7%
- Dividend yield
- 3.85%
- Fundamental score
- 2.9/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is 7200.KLSE undervalued?
Graham numberThe Graham number of Tek Seng Holdings Bhd cannot be estimated reliably (the estimate is too far from the market price).
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?
Tek Seng Holdings Bhd fundamental analysis
14 of 22 checks passedROE 0/2
Low return on equity (6.7%), below 10%.
ROA 1/1
Return on assets (4.9%) is above the industry median (1.4%).
Profit Consistency 2/2
Profitable for 6 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 1/1
Last year's EPS growth (28.0%) is above the 5-year average (-17.0% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (28.0%) is below the industry median (36.9%).
Revenue Growth 0/2
Revenue shrank 5.8% 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 (3.9%), 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 90.0x against interest expense, well covered.
PE vs Market 1/1
PE (6.5x) is below the market median (11.4x).
PE vs Industry 0/1
PE (6.5x) is above the industry median (5.4x).
PBV 1/1
Price to book (0.4x) is below the industry median (0.5x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 2.4, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 1/2
Dividend yield (3.8%) 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 33.3%, 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 Tek Seng Holdings Bhd
Tek Seng Holdings Berhad, an investment holding company, manufactures and trades in polyvinyl chloride (PVC) related products and polypropylene (PP) non-woven products. It operates through three segments: Polyvinyl Chloride, Photovoltaic Solar, and Property Investment. The company offers PVC flooring, foam sheeting, sheeting, table cloth, car mat, leather, and tarpaulin products for various industries, including households, medical, stationery, bedding and mattress, automoti…
Full company profileTek Seng 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.
Tek Seng 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 | 437M | 286M | 184M | 173M | 191M | 181M | 183M | 153M | 157M | 152M | 142M |
| Gross Profit | 157M | 86.3M | 46.0M | 64.1M | 82.4M | 71.8M | 71.5M | 65.3M | 63.0M | 38.0M | 45.8M |
| Operating Income | 49.6M | 45.9M | -111M | -38.2M | 35.4M | 25.6M | 15.1M | 11.6M | 13.9M | 16.3M | 21.9M |
| EBITDA | - | 79.2M | -86.6M | -24.9M | 43.2M | 36.1M | 23.6M | 19.2M | 20.9M | 23.7M | 32.3M |
| Net Income | 31.2M | 23.3M | -48.7M | -16.3M | 27.4M | 18.5M | 10.2M | 6.63M | 8.45M | 10.8M | 16.9M |
| EPS | 0.09 | 0.07 | -0.14 | -0.05 | 0.08 | 0.05 | 0.03 | 0.02 | 0.02 | 0.03 | 0.05 |
| Balance Sheet | |||||||||||
| Total Assets | 544M | 436M | 309M | 280M | 308M | 312M | 317M | 328M | 340M | 341M | 341M |
| Total Liabilities | 308M | 180M | 105M | 93.6M | 92.5M | 91.8M | 90.0M | 94.7M | 99.7M | 48.6M | 44.9M |
| Shareholders' Equity | 236M | 256M | 204M | 187M | 215M | 220M | 227M | 233M | 240M | 248M | 251M |
| Cash & Short-term Investments | 4.81M | 10.3M | 4.26M | 36.1M | 63.3M | 47.1M | 54.6M | 32.3M | 31.6M | 30.0M | 15.8M |
| Total Debt | - | - | - | 20.3M | 20.1M | - | - | - | - | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 95.6M | 25.5M | -149K | 21.6M | 34.3M | 26.3M | 20.2M | 25.7M | 15.3M | 30.3M | 24.4M |
| Capital Expenditure | 89.6M | 4.34M | 2.24M | 4.51M | 5.93M | 2.15M | 2.42M | 757K | 1.27M | 3.89M | 134K |
| Free Cash Flow | - | 21.1M | -2.39M | 17.1M | 28.4M | -2.82M | 17.8M | 25.0M | 14.0M | 26.4M | 24.3M |
| Ratios | |||||||||||
| ROE | 13.2% | 9.1% | -23.9% | -8.7% | 12.7% | 8.4% | 4.5% | 2.8% | 3.5% | 4.4% | 6.7% |
| ROA | 5.7% | 5.3% | -15.8% | -5.8% | 8.9% | 5.9% | 3.2% | 2.0% | 2.5% | 3.2% | 4.9% |
| Net Profit Margin | 7.1% | 8.2% | -26.5% | -9.4% | 14.3% | 10.2% | 5.6% | 4.3% | 5.4% | 7.1% | 11.9% |
| Debt to Equity | - | - | - | 0.11x | 0.09x | - | - | - | - | - | - |
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.
Tek Seng Holdings Bhd dividends
- Dividend yield
- 3.85%
- Forward dividend
- 0.02 MYR
- Payout ratio
- 33.3%
- Ex-dividend date
- Jun 29, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | MYR 3.61M | 0.01 | 33.3% |
| 2024 | MYR 1.80M | 0.00 | 21.3% |
| 2023 | - | - | - |
| 2022 | MYR 3.61M | 0.01 | 35.5% |
| 2021 | MYR 12.6M | 0.03 | 68.3% |
| 2020 | MYR 12.6M | 0.03 | 46.0% |
| 2019 | MYR 12.6M | 0.04 | - |
| 2018 | MYR 3.48M | 0.01 | - |
| 2017 | MYR 3.48M | 0.01 | 14.9% |
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: 5:4 on Aug 11, 2006.
Who owns Tek Seng Holdings Bhd
- Insiders 60.79%
- Institutions 0.00%
- Public & others 39.21%
- Shares outstanding 360M
- Free float 142M
Tek Seng Holdings Bhd company profile
- Company name
- Tek Seng Holdings Bhd
- Ticker
- 7200.KLSE
- ISIN
- MYL7200OO008
- Exchange
- Kuala Lumpur Exchange
- Sector
- Consumer Cyclical
- Industry
- Textiles, Apparel & Luxury Goods
- Fiscal year end
- December
- Address
- Jalan Perindustrian Bukit Minyak 7, Bukit Mertajam, Malaysia, 14000
- Phone
- 60 4 507 5808
- Website
- tekseng.com.my
About Tek Seng Holdings Bhd
Tek Seng Holdings Berhad, an investment holding company, manufactures and trades in polyvinyl chloride (PVC) related products and polypropylene (PP) non-woven products. It operates through three segments: Polyvinyl Chloride, Photovoltaic Solar, and Property Investment. The company offers PVC flooring, foam sheeting, sheeting, table cloth, car mat, leather, and tarpaulin products for various industries, including households, medical, stationery, bedding and mattress, automotive, etc.; PP non-woven fabrics for hygiene use in medical, and industrial and packaging industries; and cast polypropylene sheets that are used in stationery, healthcare, financial services, construction, food packaging, and other industrial sectors. It also researches, develops, manufactures, and trades in photovoltaic products, such as solar cells, panels, and modules, as well as PV systems; generates and supplies renewable energy; and rents properties. The company operates in Malaysia, Indonesia, Iraq, Yemen, Turkey, Somalia, the Philippines, Singapore, South Africa, Ivory Coast, the United Arab Emirates, Germany, and internationally. Tek Seng Holdings Berhad was incorporated in 2002 and is based in Bukit Mertajam, Malaysia.
Tek Seng Holdings Bhd management
7- Mr. Kok Beng LohExecutive Chairman · born 1966
- Mr. Kok Cheng LohMD & Executive Director · born 1967
- Mr. Eng Chun LohExecutive Director · born 1991
- Mr. Jia Wooi LohExecutive Director · born 1996
- Ms. Fong Lian LookAccountant · born 1977
- Mr. Peng Loon LeeCompany Secretary
- Ms. Chiew Keem P'Ng MAICSACompany Secretary