Latest news with #PGFCapitalBerhad
The Sun
3 days ago
- Business
- The Sun
PGF Capital kicks off new financial year with 11.9% y-o-y growth in net profit to RM7.5m for 1QFY26
PENANG: Main Market-listed insulation producer in Southeast Asia, PGF Capital Berhad, began the new financial year with a revenue of RM40.6 million in its first quarter (1QFY26) results for the financial year ended Feb 28, 2026 (FY26) compared to RM40.5 million in 1QFY25. While revenue improved moderately, profit after tax rose 11.9% year-on-year (YoY) to RM7.5 million from RM6.7 million over the same quarter last year. The improvement in bottom line performance was largely attributable to thesustained demand of the Insulation and Related Products (Insulation segment) from the Oceania market and the Group's emphasis on cost efficiency, which contributed to lower operating expenses. This was partially offset by a mark-to-market unrealised loss of RM0.6 million on a cross-currency swap facilities (MTM Unrealised Loss) in the current quarter. In 1QFY26, the Group in a statement today said revenue composition remained consistent, with the Insulation segment accounting for 99.7% of the total revenue. The remaining contribution came from property development, investment holding, and other segments. 'We are pleased to begin the new financial year with a solid set of performance, led by thecontinued strength of our Insulation segment,' said executive director and Group CEO Fong Wern Sheng. 'We continue to observe healthy demand in the Oceania market, particularly in Australia, supported by clear policy direction, including updated building codes and the national target of delivering 1.2 million new homes by 2029. The recently announced Victorian Energy Upgrades programme, which offers 50% costreductions for ceiling insulation, adds further optimism as we look toward 2026.' While the Group achieved YoY growth, he added, performance for the quarter was partially impacted by the recent gas pipeline incident in Putra Heights, Selangor, which temporarily disrupted their production activities and export sales. Separately, he said, their new mineral wool sandwich panels have been certified by Standards and Industrial Research Institute of Malaysia and are now pending approval from the Fire Department of Malaysia. 'The Group's capacity expansion is progressing as planned, with the construction of its new 40,000 metric-tonne plant (New Plant) in Kulim East Industrial Park, Kedah, proceeding on schedule. Commercial operations are targeted to begin in the first half of 2026. In support of this investment, the project has received approval for the Northern Corridor Economic Region (NCER) Tax Incentive Package, granting a five plus five years corporate tax holiday. This incentive is expected to enhance the Group's financial performance in the coming years,' said Fong. Meanwhile, on the topic of reciprocal tariffs by the United States (US), Fong expressed that PGF Capital does not anticipate significant impact on its revenue or purchases, given that export activities are predominantly concentrated in the Oceania region, which contributes over 70.0% of total export volume, with another 20.0% coming from domestic sales. The Group has no direct export activities to the US. As for the property development segment, PGF Capital's efforts to activate its landbank in Tanjong Malim, Perak, have taken a step forward with the receipt of conditional Planning Approval (Kebenaran Merancang) for the Phase 1 development. The project, undertaken via a land sale arrangement with Malvest Properties Sdn Bhd (Malvest) will consist of 1,808 residential and commercial units. It forms part of the broader initiative to support the government's vision of transforming Proton City into an Automotive High-Tech Valley. The Group is currently addressing the infrastructure conditions imposed to facilitate the commencement of the project. PGF Capital maintained a solid financial position in the first quarter of 2026, with a net gearing ratio of 0.15 times and net assets per share of RM1.39. The Group also generated a healthy net operating cash flow of RM3.4 million during the quarter, reflecting continued strength in its core operations.
The Sun
3 days ago
- Business
- The Sun
PGF Capital kicks off new financial year with 11.9% y-o-y growth net profit to RM7.5m for 1QFY26
PENANG: Main Market-listed insulation producer in Southeast Asia, PGF Capital Berhad, began the new financial year with a revenue of RM40.6 million in its first quarter (1QFY26) results for the financial year ended Feb 28, 2026 (FY26) compared to RM40.5 million in 1QFY25. While revenue improved moderately, profit after tax rose 11.9% year-on-year (YoY) to RM7.5 million from RM6.7 million over the same quarter last year. The improvement in bottom line performance was largely attributable to thesustained demand of the Insulation and Related Products (Insulation segment) from the Oceania market and the Group's emphasis on cost efficiency, which contributed to lower operating expenses. This was partially offset by a mark-to-market unrealised loss of RM0.6 million on a cross-currency swap facilities (MTM Unrealised Loss) in the current quarter. In 1QFY26, the Group in a statement today said revenue composition remained consistent, with the Insulation segment accounting for 99.7% of the total revenue. The remaining contribution came from property development, investment holding, and other segments. 'We are pleased to begin the new financial year with a solid set of performance, led by thecontinued strength of our Insulation segment,' said executive director and Group CEO Fong Wern Sheng. 'We continue to observe healthy demand in the Oceania market, particularly in Australia, supported by clear policy direction, including updated building codes and the national target of delivering 1.2 million new homes by 2029. The recently announced Victorian Energy Upgrades programme, which offers 50% costreductions for ceiling insulation, adds further optimism as we look toward 2026.' While the Group achieved YoY growth, he added, performance for the quarter was partially impacted by the recent gas pipeline incident in Putra Heights, Selangor, which temporarily disrupted their production activities and export sales. Separately, he said, their new mineral wool sandwich panels have been certified by Standards and Industrial Research Institute of Malaysia and are now pending approval from the Fire Department of Malaysia. 'The Group's capacity expansion is progressing as planned, with the construction of its new 40,000 metric-tonne plant (New Plant) in Kulim East Industrial Park, Kedah, proceeding on schedule. Commercial operations are targeted to begin in the first half of 2026. In support of this investment, the project has received approval for the Northern Corridor Economic Region (NCER) Tax Incentive Package, granting a five plus five years corporate tax holiday. This incentive is expected to enhance the Group's financial performance in the coming years,' said Fong. Meanwhile, on the topic of reciprocal tariffs by the United States (US), Fong expressed that PGF Capital does not anticipate significant impact on its revenue or purchases, given that export activities are predominantly concentrated in the Oceania region, which contributes over 70.0% of total export volume, with another 20.0% coming from domestic sales. The Group has no direct export activities to the US. As for the property development segment, PGF Capital's efforts to activate its landbank in Tanjong Malim, Perak, have taken a step forward with the receipt of conditional Planning Approval (Kebenaran Merancang) for the Phase 1 development. The project, undertaken via a land sale arrangement with Malvest Properties Sdn Bhd (Malvest) will consist of 1,808 residential and commercial units. It forms part of the broader initiative to support the government's vision of transforming Proton City into an Automotive High-Tech Valley. The Group is currently addressing the infrastructure conditions imposed to facilitate the commencement of the project. PGF Capital maintained a solid financial position in the first quarter of 2026, with a net gearing ratio of 0.15 times and net assets per share of RM1.39. The Group also generated a healthy net operating cash flow of RM3.4 million during the quarter, reflecting continued strength in its core operations.
Yahoo
30-04-2025
- Business
- Yahoo
PGF Capital Berhad Full Year 2025 Earnings: EPS: RM0.18 (vs RM0.064 in FY 2024)
Revenue: RM155.0m (up 19% from FY 2024). Net income: RM33.9m (up 225% from FY 2024). Profit margin: 22% (up from 8.0% in FY 2024). The increase in margin was driven by higher revenue. EPS: RM0.18 (up from RM0.064 in FY 2024). Our free stock report includes 3 warning signs investors should be aware of before investing in PGF Capital Berhad. Read for free now. All figures shown in the chart above are for the trailing 12 month (TTM) period Looking ahead, revenue is forecast to grow 48% p.a. on average during the next 2 years, compared to a 7.0% growth forecast for the Building industry in Asia. Performance of the market in Malaysia. The company's shares are up 17% from a week ago. We should say that we've discovered 3 warning signs for PGF Capital Berhad (1 makes us a bit uncomfortable!) that you should be aware of before investing here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
22-03-2025
- Business
- Yahoo
PGF Capital Berhad (KLSE:PGF) Stock's Been Sliding But Fundamentals Look Decent: Will The Market Correct The Share Price In The Future?
With its stock down 13% over the past three months, it is easy to disregard PGF Capital Berhad (KLSE:PGF). However, stock prices are usually driven by a company's financials over the long term, which in this case look pretty respectable. Specifically, we decided to study PGF Capital Berhad's ROE in this article. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors' money. Simply put, it is used to assess the profitability of a company in relation to its equity capital. Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for PGF Capital Berhad is: 7.3% = RM18m ÷ RM249m (Based on the trailing twelve months to November 2024). The 'return' is the income the business earned over the last year. So, this means that for every MYR1 of its shareholder's investments, the company generates a profit of MYR0.07. View our latest analysis for PGF Capital Berhad We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. When you first look at it, PGF Capital Berhad's ROE doesn't look that attractive. However, its ROE is similar to the industry average of 6.9%, so we won't completely dismiss the company. Moreover, we are quite pleased to see that PGF Capital Berhad's net income grew significantly at a rate of 32% over the last five years. Given the slightly low ROE, it is likely that there could be some other aspects that are driving this growth. Such as - high earnings retention or an efficient management in place. We then compared PGF Capital Berhad's net income growth with the industry and we're pleased to see that the company's growth figure is higher when compared with the industry which has a growth rate of 10% in the same 5-year period. Earnings growth is an important metric to consider when valuing a stock. What investors need to determine next is if the expected earnings growth, or the lack of it, is already built into the share price. By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. One good indicator of expected earnings growth is the P/E ratio which determines the price the market is willing to pay for a stock based on its earnings prospects. So, you may want to check if PGF Capital Berhad is trading on a high P/E or a low P/E, relative to its industry. PGF Capital Berhad has a really low three-year median payout ratio of 19%, meaning that it has the remaining 81% left over to reinvest into its business. So it looks like PGF Capital Berhad is reinvesting profits heavily to grow its business, which shows in its earnings growth. Additionally, PGF Capital Berhad has paid dividends over a period of four years which means that the company is pretty serious about sharing its profits with shareholders. Overall, we feel that PGF Capital Berhad certainly does have some positive factors to consider. With a high rate of reinvestment, albeit at a low ROE, the company has managed to see a considerable growth in its earnings. While we won't completely dismiss the company, what we would do, is try to ascertain how risky the business is to make a more informed decision around the company. Our risks dashboard would have the 2 risks we have identified for PGF Capital Berhad. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
23-02-2025
- Business
- Yahoo
PGF Capital Berhad (KLSE:PGF) Is Experiencing Growth In Returns On Capital
There are a few key trends to look for if we want to identify the next multi-bagger. In a perfect world, we'd like to see a company investing more capital into its business and ideally the returns earned from that capital are also increasing. If you see this, it typically means it's a company with a great business model and plenty of profitable reinvestment opportunities. So when we looked at PGF Capital Berhad (KLSE:PGF) and its trend of ROCE, we really liked what we saw. For those that aren't sure what ROCE is, it measures the amount of pre-tax profits a company can generate from the capital employed in its business. To calculate this metric for PGF Capital Berhad, this is the formula: Return on Capital Employed = Earnings Before Interest and Tax (EBIT) ÷ (Total Assets - Current Liabilities) 0.091 = RM29m ÷ (RM351m - RM37m) (Based on the trailing twelve months to November 2024). Therefore, PGF Capital Berhad has an ROCE of 9.1%. In absolute terms, that's a low return, but it's much better than the Building industry average of 7.0%. View our latest analysis for PGF Capital Berhad In the above chart we have measured PGF Capital Berhad's prior ROCE against its prior performance, but the future is arguably more important. If you'd like, you can check out the forecasts from the analysts covering PGF Capital Berhad for free. While in absolute terms it isn't a high ROCE, it's promising to see that it has been moving in the right direction. Over the last five years, returns on capital employed have risen substantially to 9.1%. The company is effectively making more money per dollar of capital used, and it's worth noting that the amount of capital has increased too, by 47%. This can indicate that there's plenty of opportunities to invest capital internally and at ever higher rates, a combination that's common among multi-baggers. All in all, it's terrific to see that PGF Capital Berhad is reaping the rewards from prior investments and is growing its capital base. And with the stock having performed exceptionally well over the last five years, these patterns are being accounted for by investors. Therefore, we think it would be worth your time to check if these trends are going to continue. One more thing to note, we've identified 2 warning signs with PGF Capital Berhad and understanding these should be part of your investment process. While PGF Capital Berhad isn't earning the highest return, check out this free list of companies that are earning high returns on equity with solid balance sheets. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
