8419.KLSE Pansar Bhd
- Market cap
- MYR 306M
- P/E
- 11.0x
- P/B
- 0.84x
- ROE
- 9.3%
- Dividend yield
- 2.10%
- Fundamental score
- 2.5/5
Ratios use the latest price and the current fiscal year annualized from 1 quarter up to Jun 2026.
Is 8419.KLSE undervalued?
Graham number8419.KLSE trades 36.1% 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?
Pansar Bhd fundamental analysis
12 of 22 checks passedROE 0/2
Low return on equity (9.3%), below 10%.
ROA 1/1
Return on assets (4.5%) is above the industry median (1.8%).
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 (-34.1%) is not above the 5-year average (7.6% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-34.1%) is below the industry median (43.3%).
Revenue Growth 2/2
Revenue grew 15.2% 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 8.2x against interest expense, well covered.
PE vs Market 1/1
PE (11.0x) is below the market median (11.4x).
PE vs Industry 0/1
PE (11.0x) is above the industry median (9.5x).
PBV 0/1
Price to book (0.8x) is above the industry median (0.4x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 9.2, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 1.45, above 1.
Dividend Yield 1/2
Dividend yield (2.1%) 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 5 years.
Dividend Growth 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 27.5%, 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 Pansar Bhd
Pansar Berhad sells and distributes construction and building materials in Malaysia and Singapore. It operates through Building and Construction Materials, Marine and Industrial, Agro Engineering, Electrical and Air-conditioning, Heavy Equipment, Mechanical and Electrical, and Construction and Infrastructure segments. It sells and distributes steel bars, cement, roofing materials, construction chemicals, and industrial materials; and supplies and distributes power generating…
Full company profilePansar 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.
Pansar 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 | 359M | 387M | 368M | 339M | 304M | 602M | 825M | 1.04B | 1.10B | 1.26B | 1.08B |
| Gross Profit | 49.2M | 50.1M | 46.5M | 49.9M | 41.8M | 64.3M | 89.0M | 110M | 125M | 125M | 132M |
| Operating Income | 9.41M | 11.8M | 11.0M | 9.65M | 12.8M | 5.36M | 22.7M | 34.7M | 51.7M | 35.2M | 44.0M |
| EBITDA | - | 14.3M | 13.5M | 16.5M | 17.4M | 23.2M | 39.5M | 58.1M | 63.8M | 57.0M | 66.1M |
| Net Income | 4.88M | 8.74M | 7.93M | 7.35M | 10.7M | 921K | 8.72M | 21.8M | 26.1M | 23.3M | 34.0M |
| EPS | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.00 | 0.02 | 0.05 | 0.05 | 0.03 | 0.05 |
| Balance Sheet | |||||||||||
| Total Assets | 238M | 277M | 256M | 263M | 372M | 601M | 706M | 743M | 809M | 754M | 749M |
| Total Liabilities | 72.1M | 95.0M | 80.8M | 85.3M | 68.4M | 299M | 398M | 417M | 463M | 396M | 383M |
| Shareholders' Equity | 166M | 182M | 175M | 178M | 304M | 301M | 309M | 326M | 346M | 358M | 366M |
| Cash & Short-term Investments | 39.3M | 50.6M | 42.7M | 47.0M | 163M | 41.5M | 23.5M | 36.6M | 71.5M | 39.3M | 13.3M |
| Total Debt | - | - | - | 14.8M | 8.78M | - | - | - | - | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 6.18M | -11.5M | 12.0M | 29.7M | 6.23M | -97.0M | -53.3M | 12.0M | 22.0M | 112M | -15.6M |
| Capital Expenditure | 450K | 1.80M | 3.08M | 2.38M | 2.02M | 9.10M | 11.0M | 3.69M | 6.52M | 3.69M | 6.27M |
| Free Cash Flow | - | -13.3M | 8.95M | 28.8M | 3.44M | -106M | -63.9M | 8.28M | 15.5M | 108M | -21.9M |
| Ratios | |||||||||||
| ROE | 2.9% | 4.8% | 4.5% | 4.1% | 3.5% | 0.3% | 2.8% | 6.7% | 7.5% | 6.5% | 9.3% |
| ROA | 2.1% | 3.2% | 3.1% | 2.8% | 2.9% | 0.2% | 1.2% | 2.9% | 3.2% | 3.1% | 4.5% |
| Net Profit Margin | 1.4% | 2.3% | 2.2% | 2.2% | 3.5% | 0.2% | 1.1% | 2.1% | 2.4% | 1.8% | 3.2% |
| Debt to Equity | - | - | - | 0.08x | 0.03x | - | - | - | - | - | - |
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.
Pansar Bhd dividends
- Dividend yield
- 2.10%
- Forward dividend
- -
- Payout ratio
- 27.5%
- Ex-dividend date
- Aug 27, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2026 | MYR 6.42M | 0.01 | 27.5% |
| 2025 | MYR 6.01M | 0.01 | 23.0% |
| 2024 | MYR 6.49M | 0.01 | 29.7% |
| 2023 | MYR 4.86M | 0.01 | 55.7% |
| 2022 | MYR 3.45M | 0.01 | 374.8% |
| 2021 | MYR 6.88M | 0.01 | 64.3% |
| 2020 | MYR 4.58M | 0.01 | 62.3% |
| 2019 | MYR 4.62M | 0.01 | 58.2% |
| 2018 | MYR 2.80M | 0.01 | 32.0% |
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 May 6, 2019.
Who owns Pansar Bhd
- Insiders 78.77%
- Institutions 2.98%
- Public & others 18.25%
- Shares outstanding 695M
- Free float 214M
Pansar Bhd company profile
- Company name
- Pansar Bhd
- Ticker
- 8419.KLSE
- ISIN
- MYL8419OO003
- Exchange
- Kuala Lumpur Exchange
- Sector
- Industrials
- Industry
- Industrial Conglomerates
- Employees
- 804
- Fiscal year end
- March
- Address
- Wisma Pansar, Sibu, Malaysia, 96007
- Phone
- 60 8 433 3366
- Website
- pansar.com.my
About Pansar Bhd
Pansar Berhad sells and distributes construction and building materials in Malaysia and Singapore. It operates through Building and Construction Materials, Marine and Industrial, Agro Engineering, Electrical and Air-conditioning, Heavy Equipment, Mechanical and Electrical, and Construction and Infrastructure segments. It sells and distributes steel bars, cement, roofing materials, construction chemicals, and industrial materials; and supplies and distributes power generating and water pressure systems, welding and pump sets, and air compressors for industrial sector; road compactors and mini excavators for construction sector; tractors, combine harvesters, and brush cutters for agriculture sector; and marine propulsion diesel engines, outboard motors, and marinized generators for marine sector. The company also supplies steel wire ropes, packaging systems, precision measuring instruments, and wood treatment chemicals for timber industry, as well as saw doctoring equipment, electric motors, grinders, cutters, and other upstream equipment and machinery. In addition, it sells and distributes lighting and air-conditioning systems; and provides office automation solutions, including photocopier, fax machines and key phones, and computers to networking, software, and work flow solutions. Further, it sells and distributes construction equipment, such as backhoe loaders, heavy and compact excavators, telehandlers, and related spare parts; designs, supplies, and installs air-conditioning and ventilation, plumbing, and fire protection systems; engages in building and infrastructure construction, including commercial and public service buildings, roads, highways, and bridges for infrastructure works; and property development. The company was formerly known as PWE Industries Berhad and changed its name to Pansar Berhad in October 2010. The company was founded in 1961 and is headquartered in Sibu, Malaysia. Pansar Berhad operates as a subsidiary of Pan Sarawak Holdings Sdn Bhd.
Pansar Bhd management
4- Mr. Hee TaiMD & Executive Director · born 1963
- Ms. Ai Cheng NgiamChief Financial Officer · born 1965
- Mr. Wei TaiChief Operating Officer · born 1984
- Ms. Suk Khim Kon FCISCompany Secretary