7231.KLSE Wellcall Holdings Bhd
- Market cap
- MYR 558M
- P/E
- 14.0x
- P/B
- 3.78x
- ROE
- 22.2%
- Dividend yield
- 6.96%
- Fundamental score
- 2.7/5
Ratios use the latest price and the current fiscal year annualized from 3 quarters up to Jun 2026.
Is 7231.KLSE undervalued?
Graham number7231.KLSE trades 53.4% 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?
Wellcall Holdings Bhd fundamental analysis
12 of 22 checks passedROE 2/2
High return on equity (22.2%), above 20%.
ROA 1/1
Return on assets (19.3%) is above the industry median (2.1%).
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 0/1
Last year's EPS growth (-0.7%) is not above the 5-year average (9.7% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (-0.7%) is above the industry median (-10.8%).
Revenue Growth 1/2
Revenue grew 1.4% 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 0/2
Debt to equity cannot be calculated: debt is not reported or equity is negative.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 0/1
Debt is not reported.
Interest Coverage 1/1
EBIT is 285.1x against interest expense, well covered.
PE vs Market 0/1
PE (14.0x) is above the market median (11.4x).
PE vs Industry 0/1
PE (14.0x) is above the industry median (12.3x).
PBV 0/1
Price to book (3.8x) is above the industry median (0.5x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 52.9, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 1.45, above 1.
Dividend Yield 2/2
Dividend yield (7.0%) is in the top 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 83.4%, 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 Wellcall Holdings Bhd
Wellcall Holdings Berhad, an investment holding company, engages in the manufacturing and sales of rubber hose and related products. It offers fire fighting, lay flat water discharge, washdown, water discharge, water, and water suction and discharge hoses; air, compressed air, and hot air hoses; and dock, fuel/oil discharge, fuel/oil, fuel/oil suction and discharge, low pressure textile braided, low temperature tank truck, oil return, and tank truck hoses. In addition, the c…
Full company profileWellcall Holdings Bhd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 3 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Wellcall 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 | 134M | 159M | 171M | 170M | 135M | 157M | 177M | 217M | 209M | 184M | 169M |
| Gross Profit | 51.5M | 59.0M | 55.1M | 61.9M | 51.2M | 56.6M | 56.4M | 86.1M | 82.6M | 72.1M | 62.8M |
| Operating Income | 40.7M | 48.8M | 43.5M | 46.9M | 39.3M | 46.9M | 45.6M | 72.8M | 64.4M | 55.8M | 47.1M |
| EBITDA | - | 54.5M | 49.0M | 55.0M | 44.6M | 51.6M | 50.0M | 79.6M | 65.1M | 61.7M | 51.8M |
| Net Income | 31.3M | 36.5M | 31.6M | 36.8M | 29.4M | 34.2M | 33.3M | 55.3M | 46.9M | 46.6M | 32.7M |
| EPS | 0.06 | 0.07 | 0.06 | 0.07 | 0.06 | 0.07 | 0.07 | 0.11 | 0.09 | 0.09 | 0.07 |
| Balance Sheet | |||||||||||
| Total Assets | 134M | 129M | 131M | 138M | 145M | 156M | 159M | 175M | 175M | 173M | 170M |
| Total Liabilities | 35.9M | 25.3M | 23.1M | 16.5M | 24.2M | 28.8M | 34.8M | 35.3M | 31.8M | 22.5M | 22.1M |
| Shareholders' Equity | 97.9M | 104M | 107M | 116M | 121M | 127M | 125M | 140M | 143M | 151M | 148M |
| Cash & Short-term Investments | 36.8M | 39.2M | 37.3M | 52.8M | 56.1M | 46.9M | 47.8M | 60.0M | 69.2M | 44.1M | 38.5M |
| Total Debt | 13.7M | 5.79M | - | - | - | - | - | - | - | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 37.7M | 44.2M | 40.9M | 49.0M | 38.0M | 33.6M | 34.5M | 56.8M | 51.6M | 51.2M | 33.6M |
| Capital Expenditure | 7.43M | 1.01M | 6.76M | 6.20M | 1.67M | 111K | 479K | 4.43M | 10.6M | 5.33M | 2.37M |
| Free Cash Flow | - | 43.2M | 34.2M | 42.8M | 36.3M | 33.5M | 34.1M | 52.0M | 41.0M | 45.8M | 31.3M |
| Ratios | |||||||||||
| ROE | 32.0% | 35.1% | 29.4% | 31.6% | 24.3% | 26.9% | 26.7% | 39.5% | 32.8% | 30.9% | 22.2% |
| ROA | 23.4% | 28.3% | 24.2% | 26.6% | 20.2% | 21.9% | 20.9% | 31.5% | 26.8% | 26.9% | 19.3% |
| Net Profit Margin | 23.3% | 22.9% | 18.5% | 21.6% | 21.8% | 21.8% | 18.8% | 25.5% | 22.4% | 25.3% | 19.3% |
| Debt to Equity | 0.14x | 0.06x | - | - | - | - | - | - | - | - | - |
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.
Wellcall Holdings Bhd dividends
- Dividend yield
- 6.96%
- Forward dividend
- 0.06 MYR
- Payout ratio
- 83.4%
- Ex-dividend date
- Sep 14, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | MYR 38.8M | 0.08 | 83.4% |
| 2024 | MYR 43.8M | 0.09 | 93.4% |
| 2023 | MYR 39.8M | 0.08 | 72.1% |
| 2022 | MYR 35.9M | 0.07 | 107.7% |
| 2021 | MYR 27.9M | 0.06 | 81.6% |
| 2020 | MYR 24.9M | 0.05 | 84.8% |
| 2019 | MYR 27.9M | 0.06 | 75.8% |
| 2018 | MYR 27.9M | 0.06 | 88.1% |
| 2017 | MYR 30.6M | 0.06 | 84.0% |
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: 3:2 on Sep 11, 2017.
Who owns Wellcall Holdings Bhd
- Insiders 28.43%
- Institutions 18.00%
- Public & others 53.57%
- Shares outstanding 498M
- Free float 356M
Wellcall Holdings Bhd company profile
- Company name
- Wellcall Holdings Bhd
- Ticker
- 7231.KLSE
- ISIN
- MYL7231OO003
- Exchange
- Kuala Lumpur Exchange
- Sector
- Consumer Cyclical
- Industry
- Automobile Components
- Employees
- 384
- Fiscal year end
- September
- Address
- Plot 48, Jalan Johan 2/5, Pusing, Malaysia, 31550
- Phone
- 60 5 366 8805
- Website
- wellcallholdings.com
About Wellcall Holdings Bhd
Wellcall Holdings Berhad, an investment holding company, engages in the manufacturing and sales of rubber hose and related products. It offers fire fighting, lay flat water discharge, washdown, water discharge, water, and water suction and discharge hoses; air, compressed air, and hot air hoses; and dock, fuel/oil discharge, fuel/oil, fuel/oil suction and discharge, low pressure textile braided, low temperature tank truck, oil return, and tank truck hoses. In addition, the company provides LPG, single line welding, and twin line welding hoses; air brake, car heater, and radiator hoses; air seeder, bulk materials discharge, bulk materials suction and discharge, industrial vacuum, and sandblast hoses; chemical discharge, chemical suction and discharge, UHMWPE and XLPE chemical discharge, and UHMWPE and XLPE chemical suction and discharge; hoses for fatty and non-fatty foods; marine fuel and wet exhaust hoses; and freon gas, multipurpose, and protective cover hoses. Further, it is involved in property investment and other related activities. The company serves various markets, including air and water, oil, bulk material, welding, chemical, food grade, marine, automotive, and other markets. It operates in Malaysia, the Middle East, Europe, the United States of America/Canada, Australia/New Zealand, Asia, South America, and Africa. Wellcall Holdings Berhad was founded in 1995 and is based in Pusing, Malaysia.
Wellcall Holdings Bhd management
10- Mr. Huang Sha P.M.P.Group Non-Independent MD & Executive Director · born 1955
- Ms. Yu Fen HuangNon-Independent Executive Director · born 1980
- Ms. Lai Bee FooFinance Manager & Treasury · born 1972
- Ms. Phooi Fun ChoongManager of Administrative & Human Resources · born 1982
- Ms. Bee Leng TanMarketing Manager · born 1972
- Ms. Chin Shian CheeDeputy Financial Controller · born 1979
- Ms. Hassima Binti Mohamed SalehanActing Head of Logistic & Shipping Department · born 1981
- Mr. Tat Keong YuFinancial Controller · born 1978
- Ms. Zhi Xuan LimCompany Secretary
- Wai Yee YoongCompany Secretary