8397.KLSE Tiong Nam Logistics Holdings Bhd
- Market cap
- MYR 411M
- P/E
- 9.8x
- P/B
- 0.37x
- ROE
- 4.8%
- Dividend yield
- -
- Fundamental score
- 1.6/5
Ratios use the latest price and the current fiscal year annualized from 1 quarter up to Jun 2026.
Is 8397.KLSE undervalued?
Graham number8397.KLSE trades 60.0% 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?
Tiong Nam Logistics Holdings Bhd fundamental analysis
8 of 22 checks passedROE 0/2
Low return on equity (4.8%), below 10%.
ROA 0/1
Return on assets (1.4%) is below the industry median (1.4%).
Profit Consistency 2/2
Profitable for 7 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 (-21.1%) is not above the 5-year average (23.7% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-21.1%) is below the industry median (-3.3%).
Revenue Growth 1/2
Revenue grew 9.9% a year over the past 3 years.
Short-term Liquidity 0/1
Current assets do not cover short-term liabilities.
Long-term Liabilities 0/1
Current assets do not cover long-term liabilities.
Debt to Equity 0/2
High debt to equity (132.0%), above 100%.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 0/1
Operating cash flow does not cover 20% of total debt.
Interest Coverage 0/1
EBIT is 2.3x against interest expense, below 5x.
PE vs Market 1/1
PE (9.8x) is below the market median (11.4x).
PE vs Industry 0/1
PE (9.8x) is above the industry median (9.8x).
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 = 3.6, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.41, growth is cheap.
Dividend Yield 0/2
No dividend paid in the last reported year.
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 0/1
No dividend, or no profit to pay it from.
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 Tiong Nam Logistics Holdings Bhd
Tiong Nam Logistics Holdings Berhad, an investment holding company, trades in diesel and petrol in Malaysia. It operates through Logistics and Warehousing Services, Investment, Property development, and Dormitory segments. The company provides container haulage; cross-border and heavy transportation services; trucking and crane services; integrated logistics services; logistics solutions comprising comprehensive warehouse facilities and management; and trucking services, inc…
Full company profileTiong Nam Logistics Holdings Bhd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 1 quarter up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Tiong Nam Logistics Holdings Bhd annual financial statements (MYR; K = thousand, M = million, B = billion, T = trillion)
| Item | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 573M | 648M | 590M | 604M | 602M | 690M | 726M | 759M | 857M | 964M | 1.07B |
| Gross Profit | 150M | 149M | 102M | 117M | 106M | 119M | 123M | 112M | 157M | 209M | 246M |
| Operating Income | 127M | 84.9M | 11.0M | 12.7M | 20.9M | 26.5M | 48.0M | 73.5M | 38.7M | 146M | 210M |
| EBITDA | - | 115M | 90.5M | 112M | 125M | 120M | 149M | 201M | 196M | 232M | 306M |
| Net Income | 81.5M | 28.1M | -1.40M | 688K | 11.4M | 5.20M | 27.9M | 57.3M | 42.6M | 33.7M | 53.6M |
| EPS | 0.19 | 0.06 | 0.00 | 0.00 | 0.02 | 0.01 | 0.05 | 0.11 | 0.08 | 0.06 | 0.10 |
| Balance Sheet | |||||||||||
| Total Assets | 1.64B | 1.79B | 1.86B | 1.95B | 2.12B | 2.10B | 2.60B | 2.99B | 3.36B | 3.63B | 3.70B |
| Total Liabilities | 991M | 1.10B | 1.17B | 1.26B | 1.33B | 1.32B | 1.71B | 2.04B | 2.29B | 2.52B | 2.57B |
| Shareholders' Equity | 649M | 693M | 689M | 688M | 792M | 789M | 890M | 949M | 1.07B | 1.10B | 1.11B |
| Cash & Short-term Investments | 51.8M | 33.8M | 26.8M | 21.8M | 73.5M | 41.9M | 26.1M | 24.8M | 8.75M | 15.7M | 11.2M |
| Total Debt | 693M | 781M | 831M | 1.01B | 1.06B | - | - | - | - | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 18.5M | 56.0M | 19.4M | 91.0M | 79.3M | 32.7M | 194M | 167M | 199M | 265M | 204M |
| Capital Expenditure | 163M | 118M | 92.0M | 58.3M | 50.3M | 66.9M | 108M | 295M | 204M | 123M | 52.2M |
| Free Cash Flow | - | -54.0M | -72.7M | 32.7M | 17.8M | -60.5M | 62.0M | -128M | 111M | 142M | 152M |
| Ratios | |||||||||||
| ROE | 12.6% | 4.1% | -0.2% | 0.1% | 1.4% | 0.7% | 3.1% | 6.0% | 4.0% | 3.1% | 4.8% |
| ROA | 5.0% | 1.6% | -0.1% | 0.0% | 0.5% | 0.2% | 1.1% | 1.9% | 1.3% | 0.9% | 1.4% |
| Net Profit Margin | 14.2% | 4.3% | -0.2% | 0.1% | 1.9% | 0.8% | 3.8% | 7.5% | 5.0% | 3.5% | 5.0% |
| Debt to Equity | 1.07x | 1.13x | 1.20x | 1.47x | 1.34x | - | - | - | - | - | - |
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.
Tiong Nam Logistics Holdings Bhd dividends
- Dividend yield
- -
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Aug 30, 2021
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2026 | - | - | - |
| 2025 | - | - | - |
| 2024 | - | - | - |
| 2023 | - | - | - |
| 2022 | MYR 5.14M | 0.01 | 98.8% |
| 2021 | MYR 5.14M | 0.01 | 45.3% |
| 2020 | MYR 5.14M | 0.01 | 747.1% |
| 2019 | - | - | - |
| 2018 | MYR 8.88M | 0.02 | 31.6% |
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: 41:40 on Nov 26, 2024.
Who owns Tiong Nam Logistics Holdings Bhd
- Insiders 68.07%
- Institutions 3.85%
- Public & others 28.08%
- Shares outstanding 527M
- Free float 182M
Tiong Nam Logistics Holdings Bhd company profile
- Company name
- Tiong Nam Logistics Holdings Bhd
- Ticker
- 8397.KLSE
- ISIN
- MYL8397OO001
- Exchange
- Kuala Lumpur Exchange
- Sector
- Industrials
- Industry
- Air Freight & Logistics
- Employees
- 1,592
- Fiscal year end
- March
- Address
- Jalan Kempas Baru, Johor Bahru, Malaysia, 81200
- Phone
- 60 7 232 1299
- Website
- tiongnam.com
About Tiong Nam Logistics Holdings Bhd
Tiong Nam Logistics Holdings Berhad, an investment holding company, trades in diesel and petrol in Malaysia. It operates through Logistics and Warehousing Services, Investment, Property development, and Dormitory segments. The company provides container haulage; cross-border and heavy transportation services; trucking and crane services; integrated logistics services; logistics solutions comprising comprehensive warehouse facilities and management; and trucking services, including general, cross-border, and heavy haulage, as well as air and sea freight forwarding, and last-mile delivery for e-commerce. It also offers warehousing, property investment, property development, courier transport, transportation, hostel management, and related services, as well as public bonded warehousing and distribution services. In addition, the company engages in leasing of trucks; administrative and commission agency activities; trading and distributing of food groceries; storage and management of empty containers; and acts as general sales agent for air, land, and sea logistics activities. Further, it develops industrial parks, commercial properties, and residential townships; sells canvas; purchases tyres and accessories; repairs and maintains lorries that include smash repairs; and rents warehouses and showrooms, offices, and service centres. The company serves domestic and multinational corporations in sectors, including fast-moving consumer goods, technology, electrical and electronics, automotive, logistics and transportation, and domestic appliances. Tiong Nam Logistics Holdings Berhad was founded in 1975 and is headquartered in Johor Bahru, Malaysia.
Tiong Nam Logistics Holdings Bhd management
8- Mr. Yoong Nyock OngMD & Non-Independent Executive Director · born 1953
- Mr. Tik Long LawCFO, Senior Financial Controller, Joint Company Secretary & Non-Independent Executive Director · born 1974
- Ms. Chu Voon OngCOO & Non-Independent Executive Director · born 1988
- Madam Kwee Lian YongNon-Independent Executive Director · born 1951
- Mr. Wei Kuan OngDeputy MD, Head of IT & Cost Management Dept & Non-Independent Director · born 1980
- Mr. Ching Woo OngHead of Group Internal Audit
- Ms. Santhi Saminathan MIAJoint Secretary
- Madam Yit Chan Tai MAICSACompany Secretary