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Luxchem Corporation Berhad

KLSE:LUXCHEM
Snowflake Description

Flawless balance sheet average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
LUXCHEM
KLSE
MYR511M
Market Cap
  1. Home
  2. MY
  3. Capital Goods
Company description

Luxchem Corporation Berhad, an investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia. The last earnings update was 96 days ago. More info.


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LUXCHEM Share Price and Events
7 Day Returns
21.3%
KLSE:LUXCHEM
-1%
MY Trade Distributors
-0.8%
MY Market
1 Year Returns
4.6%
KLSE:LUXCHEM
-13.8%
MY Trade Distributors
-3.6%
MY Market
LUXCHEM Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Luxchem Corporation Berhad (LUXCHEM) 21.3% 18.8% 15.2% 4.6% 12.5% 87.9%
MY Trade Distributors -1% -1.9% 0.8% -13.8% -24.4% -29.7%
MY Market -0.8% -1.5% 0.8% -3.6% -8.9% -13%
1 Year Return vs Industry and Market
  • LUXCHEM outperformed the Trade Distributors industry which returned -13.8% over the past year.
  • LUXCHEM outperformed the Market in Malaysia which returned -3.6% over the past year.
Price Volatility
LUXCHEM
Industry
5yr Volatility vs Market

LUXCHEM Value

 Is Luxchem Corporation Berhad undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Luxchem Corporation Berhad to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Luxchem Corporation Berhad.

KLSE:LUXCHEM Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 10.5%
Perpetual Growth Rate 10-Year MY Government Bond Rate 3.4%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for KLSE:LUXCHEM
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year MY Govt Bond Rate 3.4%
Equity Risk Premium S&P Global 7%
Trade Distributors Unlevered Beta Simply Wall St/ S&P Global 0.94
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.936 (1 + (1- 24%) (12.49%))
1.017
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.02
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.42% + (1.017 * 6.96%)
10.5%

Discounted Cash Flow Calculation for KLSE:LUXCHEM using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Luxchem Corporation Berhad is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

KLSE:LUXCHEM DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (MYR, Millions) Source Present Value
Discounted (@ 10.5%)
2020 99.37 Est @ 83.06% 89.93
2021 158.16 Est @ 59.17% 129.54
2022 225.29 Est @ 42.44% 166.99
2023 294.54 Est @ 30.74% 197.57
2024 360.93 Est @ 22.54% 219.11
2025 421.59 Est @ 16.8% 231.61
2026 475.50 Est @ 12.79% 236.42
2027 522.95 Est @ 9.98% 235.31
2028 564.85 Est @ 8.01% 230.01
2029 602.32 Est @ 6.63% 221.97
Present value of next 10 years cash flows MYR1,958.00
KLSE:LUXCHEM DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= MYR602.32 × (1 + 3.42%) ÷ (10.5% – 3.42%)
MYR8,801.05
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= MYR8,801.05 ÷ (1 + 10.5%)10
MYR3,243.40
KLSE:LUXCHEM Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= MYR1,958.00 + MYR3,243.40
MYR5,201.40
Equity Value per Share
(MYR)
= Total value / Shares Outstanding
= MYR5,201.40 / 895.81
MYR5.81
KLSE:LUXCHEM Discount to Share Price
Calculation Result
Value per share (MYR) From above. MYR5.81
Current discount Discount to share price of MYR0.57
= -1 x (MYR0.57 - MYR5.81) / MYR5.81
90.2%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Luxchem Corporation Berhad is available for.
Intrinsic value
>50%
Share price is MYR0.57 vs Future cash flow value of MYR5.81
Current Discount Checks
For Luxchem Corporation Berhad to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Luxchem Corporation Berhad's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Luxchem Corporation Berhad's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Luxchem Corporation Berhad's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Luxchem Corporation Berhad's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
KLSE:LUXCHEM PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in MYR MYR0.04
KLSE:LUXCHEM Share Price ** KLSE (2020-01-28) in MYR MYR0.57
Malaysia Trade Distributors Industry PE Ratio Median Figure of 18 Publicly-Listed Trade Distributors Companies 11.62x
Malaysia Market PE Ratio Median Figure of 589 Publicly-Listed Companies 14.77x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Luxchem Corporation Berhad.

KLSE:LUXCHEM PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= KLSE:LUXCHEM Share Price ÷ EPS (both in MYR)

= 0.57 ÷ 0.04

13.58x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Luxchem Corporation Berhad is overvalued based on earnings compared to the MY Trade Distributors industry average.
  • Luxchem Corporation Berhad is good value based on earnings compared to the Malaysia market.
Price based on expected Growth
Does Luxchem Corporation Berhad's expected growth come at a high price?
Raw Data
KLSE:LUXCHEM PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 13.58x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
7%per year
Asia Trade Distributors Industry PEG Ratio Median Figure of 46 Publicly-Listed Trade Distributors Companies 1.65x
Malaysia Market PEG Ratio Median Figure of 257 Publicly-Listed Companies 1.43x

*Line of best fit is calculated by linear regression .

KLSE:LUXCHEM PEG (Price to Earnings to Growth) Ratio Calculation
Calculation Outcome
PEG Ratio

= PE Ratio ÷ Net Income Annual Growth Rate

= 13.58x ÷ 7%

1.94x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Luxchem Corporation Berhad is poor value based on expected growth next year.
Price based on value of assets
What value do investors place on Luxchem Corporation Berhad's assets?
Raw Data
KLSE:LUXCHEM PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in MYR MYR0.34
KLSE:LUXCHEM Share Price * KLSE (2020-01-28) in MYR MYR0.57
Malaysia Trade Distributors Industry PB Ratio Median Figure of 25 Publicly-Listed Trade Distributors Companies 0.69x
Malaysia Market PB Ratio Median Figure of 918 Publicly-Listed Companies 0.77x
KLSE:LUXCHEM PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= KLSE:LUXCHEM Share Price ÷ Book Value per Share (both in MYR)

= 0.57 ÷ 0.34

1.67x

* Primary Listing of Luxchem Corporation Berhad.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Luxchem Corporation Berhad is overvalued based on assets compared to the MY Trade Distributors industry average.
X
Value checks
We assess Luxchem Corporation Berhad's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Trade Distributors industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Trade Distributors industry average (and greater than 0)? (1 check)
  5. Luxchem Corporation Berhad has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

LUXCHEM Future Performance

 How is Luxchem Corporation Berhad expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
7%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Luxchem Corporation Berhad expected to grow at an attractive rate?
  • Luxchem Corporation Berhad's earnings growth is expected to exceed the low risk savings rate of 3.4%.
Growth vs Market Checks
  • Luxchem Corporation Berhad's earnings growth is positive but not above the Malaysia market average.
  • Luxchem Corporation Berhad's revenue growth is positive but not above the Malaysia market average.
Annual Growth Rates Comparison
Raw Data
KLSE:LUXCHEM Future Growth Rates Data Sources
Data Point Source Value (per year)
KLSE:LUXCHEM Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts 7%
KLSE:LUXCHEM Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 4.7%
Asia Trade Distributors Industry Earnings Growth Rate Market Cap Weighted Average 5.7%
Malaysia Trade Distributors Industry Revenue Growth Rate Market Cap Weighted Average 4.6%
Malaysia Market Earnings Growth Rate Market Cap Weighted Average 11.3%
Malaysia Market Revenue Growth Rate Market Cap Weighted Average 5.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
KLSE:LUXCHEM Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in MYR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
KLSE:LUXCHEM Future Estimates Data
Date (Data in MYR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-12-31 875 47 43 2
2020-12-31 825 43 39 2
2020-01-28
2019-12-31 799 55 38 2
KLSE:LUXCHEM Past Financials Data
Date (Data in MYR Millions) Revenue Cash Flow Net Income *
2019-09-30 785 62 37
2019-06-30 809 38 38
2019-03-31 820 44 38
2018-12-31 814 14 38
2018-09-30 805 20 39
2018-06-30 781 44 38
2018-03-31 785 20 37
2017-12-31 807 24 41
2017-09-30 796 3 45
2017-06-30 787 -5 46
2017-03-31 760 21 50
2016-12-31 702 41 43

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Luxchem Corporation Berhad's earnings are expected to grow by 7% yearly, however this is not considered high growth (20% yearly).
  • Luxchem Corporation Berhad's revenue is expected to grow by 4.7% yearly, however this is not considered high growth (20% yearly).
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
KLSE:LUXCHEM Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Luxchem Corporation Berhad Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KLSE:LUXCHEM Future Estimates Data
Date (Data in MYR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-12-31 0.05 0.05 0.05 2.00
2020-12-31 0.05 0.05 0.04 2.00
2020-01-28
2019-12-31 0.04 0.04 0.04 2.00
KLSE:LUXCHEM Past Financials Data
Date (Data in MYR Millions) EPS *
2019-09-30 0.04
2019-06-30 0.04
2019-03-31 0.04
2018-12-31 0.04
2018-09-30 0.05
2018-06-30 0.04
2018-03-31 0.04
2017-12-31 0.05
2017-09-30 0.05
2017-06-30 0.06
2017-03-31 0.06
2016-12-31 0.05

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Luxchem Corporation Berhad is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess Luxchem Corporation Berhad's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Malaysia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Luxchem Corporation Berhad has a total score of 1/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

LUXCHEM Past Performance

  How has Luxchem Corporation Berhad performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Luxchem Corporation Berhad's growth in the last year to its industry (Trade Distributors).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Luxchem Corporation Berhad's year on year earnings growth rate has been positive over the past 5 years.
  • Luxchem Corporation Berhad's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • Luxchem Corporation Berhad's 1-year earnings growth is negative, it can't be compared to the MY Trade Distributors industry average.
Earnings and Revenue History
Luxchem Corporation Berhad's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Luxchem Corporation Berhad Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KLSE:LUXCHEM Past Revenue, Cash Flow and Net Income Data
Date (Data in MYR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 784.57 36.65 27.54
2019-06-30 809.36 37.91 28.81
2019-03-31 819.88 37.76 28.52
2018-12-31 814.09 37.79 29.07
2018-09-30 805.07 38.70 29.81
2018-06-30 781.03 37.85 30.14
2018-03-31 785.23 36.76 30.37
2017-12-31 806.71 40.74 29.96
2017-09-30 795.85 44.76 27.11
2017-06-30 786.98 45.73 25.29
2017-03-31 759.71 50.11 23.43
2016-12-31 701.55 43.50 26.28
2016-09-30 699.19 45.36 21.56
2016-06-30 689.00 48.41 20.88
2016-03-31 674.18 45.19 20.97
2015-12-31 686.75 39.74 24.55
2015-09-30 649.86 30.65 29.01
2015-06-30 640.14 23.62 27.32
2015-03-31 632.60 18.56 26.76
2014-12-31 603.52 21.96 17.60
2014-09-30 585.26 21.55 16.59
2014-06-30 548.11 19.86 17.26
2014-03-31 527.54 20.10 17.08
2013-12-31 524.94 19.65 16.62
2013-09-30 517.95 19.75 16.84
2013-06-30 507.69 19.50 15.73
2013-03-31 508.71 20.19 15.32

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Luxchem Corporation Berhad has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Luxchem Corporation Berhad used its assets more efficiently than the MY Trade Distributors industry average last year based on Return on Assets.
  • Luxchem Corporation Berhad's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Luxchem Corporation Berhad's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Trade Distributors industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Luxchem Corporation Berhad has a total score of 2/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

LUXCHEM Health

 How is Luxchem Corporation Berhad's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Luxchem Corporation Berhad's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Luxchem Corporation Berhad is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Luxchem Corporation Berhad's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Luxchem Corporation Berhad's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 4.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Luxchem Corporation Berhad Company Filings, last reported 3 months ago.

KLSE:LUXCHEM Past Debt and Equity Data
Date (Data in MYR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 298.61 62.88 117.97
2019-06-30 295.21 79.02 112.57
2019-03-31 294.20 82.37 116.16
2018-12-31 283.30 86.61 107.68
2018-09-30 274.04 83.27 99.21
2018-06-30 271.02 81.26 101.68
2018-03-31 271.51 91.45 106.09
2017-12-31 260.48 77.45 109.09
2017-09-30 250.29 78.42 94.59
2017-06-30 245.47 85.74 82.90
2017-03-31 245.74 98.33 114.53
2016-12-31 231.11 55.65 88.49
2016-09-30 216.94 60.14 97.85
2016-06-30 212.07 73.55 100.95
2016-03-31 199.34 59.34 115.69
2015-12-31 190.99 61.73 113.25
2015-09-30 179.40 54.51 106.75
2015-06-30 170.26 60.53 86.81
2015-03-31 166.28 62.06 94.13
2014-12-31 156.25 54.95 74.16
2014-09-30 150.11 76.98 76.24
2014-06-30 148.02 87.61 82.31
2014-03-31 149.92 93.24 99.70
2013-12-31 144.87 73.24 86.38
2013-09-30 138.86 69.63 81.77
2013-06-30 138.57 65.47 73.42
2013-03-31 140.66 86.55 90.58
  • Luxchem Corporation Berhad's level of debt (21.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (51.1% vs 21.1% today).
  • Debt is well covered by operating cash flow (98.8%, greater than 20% of total debt).
  • Interest payments on debt are well covered by earnings (EBIT is 9.8x coverage).
X
Financial health checks
We assess Luxchem Corporation Berhad's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Luxchem Corporation Berhad has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

LUXCHEM Dividends

 What is Luxchem Corporation Berhad's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.95%
Current annual income from Luxchem Corporation Berhad dividends. Estimated to be 4.21% next year.
If you bought MYR2,000 of Luxchem Corporation Berhad shares you are expected to receive MYR79 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Luxchem Corporation Berhad's pays a higher dividend yield than the bottom 25% of dividend payers in Malaysia (1.9%).
  • Luxchem Corporation Berhad's dividend is below the markets top 25% of dividend payers in Malaysia (4.87%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
KLSE:LUXCHEM Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
Malaysia Trade Distributors Industry Average Dividend Yield Market Cap Weighted Average of 15 Stocks 3.7%
Malaysia Market Average Dividend Yield Market Cap Weighted Average of 467 Stocks 3.5%
Malaysia Minimum Threshold Dividend Yield 10th Percentile 1.2%
Malaysia Bottom 25% Dividend Yield 25th Percentile 1.9%
Malaysia Top 25% Dividend Yield 75th Percentile 4.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

KLSE:LUXCHEM Future Dividends Estimate Data
Date (Data in MYR) Dividend per Share (annual) Avg. No. Analysts
2021-12-31 0.03 2.00
2020-12-31 0.02 2.00
2020-01-28
2019-12-31 0.02 2.00
KLSE:LUXCHEM Past Annualized Dividends Data
Date (Data in MYR) Dividend per share (annual) Avg. Yield (%)
2019-04-04 0.023 4.521
2019-02-15 0.023 4.161
2018-07-26 0.025 4.272
2018-02-20 0.023 3.596
2017-07-26 0.023 3.027
2017-02-16 0.023 4.025
2016-04-06 0.022 4.111
2016-02-22 0.022 3.704
2015-04-30 0.015 3.369
2015-03-13 0.020 5.589
2015-02-18 0.015 4.869
2014-08-05 0.013 4.948
2014-03-14 0.013 5.500
2013-07-31 0.014 6.558
2013-03-15 0.014 6.647
2012-04-30 0.013 6.409
2011-04-28 0.017 9.444
2010-10-28 0.010 5.612
2010-07-29 0.010 5.426
2010-03-15 0.008 4.440
2009-10-30 0.007 3.819
2009-07-30 0.007 4.647
2009-05-21 0.008 6.972

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Luxchem Corporation Berhad's earnings are paid to the shareholders as a dividend.
  • Dividends paid are covered by earnings (1.9x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be covered by earnings (1.9x coverage).
X
Income/ dividend checks
We assess Luxchem Corporation Berhad's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Luxchem Corporation Berhad afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Luxchem Corporation Berhad has a total score of 4/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

LUXCHEM Management

 What is the CEO of Luxchem Corporation Berhad's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Ying Tang
COMPENSATION MYR1,506,993
AGE 67
CEO Bio

Mr. Ying See Tang is the Founder of Luxchem Corporation Bhd and serves as its Chief Executive Officer and Managing Director. Mr. Tang has approximately 32 years of experience in the industrial chemicals industry and is mainly responsible for the overall strategic business direction of Group. Mr. Tang joined a chemical trading company as a Sales Representative and was promoted to Senior Manager in 1983. In 1984, he left and established Lux Trading, a sole proprietorship, which business was taken over by LT in 1987. He has been a Director at Luxchem Corporation Bhd since September 4, 1991. Mr. Tang holds several directorships in a number of private limited companies. He holds a Bachelor of Science Degree majoring in Physics from Nanyang University, Singapore in 1975 and has been a member of the Malaysian Institute of Management since 1990.

CEO Compensation
  • Insufficient data for Ying to compare compensation growth.
  • Ying's remuneration is lower than average for companies of similar size in Malaysia.
Management Team Tenure

Average tenure and age of the Luxchem Corporation Berhad management team in years:

7.2
Average Tenure
56.5
Average Age
  • The average tenure for the Luxchem Corporation Berhad management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Ying Tang

TITLE
MD, CEO & Director
COMPENSATION
MYR2M
AGE
67

Moi Chen

TITLE
CFO, Company Secretary & Executive Director
COMPENSATION
MYR682K
AGE
56
TENURE
12 yrs

Song Chin

TITLE
Executive Director
COMPENSATION
MYR189K
AGE
67

Annie Wong

TITLE
Company Secretary

Harn Ng

TITLE
Senior Manager of Finance & Company Secretary
TENURE
6.3 yrs

Kar Teoh

TITLE
Commercial Director of PVC Division & Director
AGE
57
TENURE
9.8 yrs

Chai Ng

TITLE
Commercial Director of Latex Division & Director
AGE
46
TENURE
3.8 yrs

Tee King Pang

TITLE
Senior Manager of FRP & Coating Division
TENURE
3.8 yrs

Shu Yau Lee

TITLE
Executive

Joseph Tjendra

TITLE
President Director of PT. Luxchem Indonesia
AGE
45
TENURE
8 yrs
Board of Directors Tenure

Average tenure and age of the Luxchem Corporation Berhad board of directors in years:

11.8
Average Tenure
67
Average Age
  • The average tenure for the Luxchem Corporation Berhad board of directors is over 10 years, this suggests they are a seasoned and experienced board.
Board of Directors

Mokhtar Bin Haji Samad

TITLE
Independent Non-Executive Chairman
COMPENSATION
MYR37K
AGE
71
TENURE
11.5 yrs

Ying Tang

TITLE
MD, CEO & Director
COMPENSATION
MYR2M
AGE
67
TENURE
28.3 yrs

Moi Chen

TITLE
CFO, Company Secretary & Executive Director
COMPENSATION
MYR682K
AGE
56
TENURE
12 yrs

Song Chin

TITLE
Executive Director
COMPENSATION
MYR189K
AGE
67
TENURE
28.3 yrs

Paul Chan

TITLE
Senior Independent Non-Executive Director
COMPENSATION
MYR39K
AGE
68
TENURE
11.2 yrs

Chun Au

TITLE
Independent Non-Executive Director
COMPENSATION
MYR41K
AGE
67
TENURE
11.7 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (MYR) Value (MYR)
X
Management checks
We assess Luxchem Corporation Berhad's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Luxchem Corporation Berhad has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

LUXCHEM News

Simply Wall St News

LUXCHEM Company Info

Description

Luxchem Corporation Berhad, an investment holding company, imports, exports, and distributes petrochemical and other related products in Malaysia. The company operates in two segments, Trading and Manufacturing. It supplies ceramic products; fiberglass reinforced plastic products; polymers and polyvinyl chloride (PVC) resins; raw latex materials, latex compounding ingredients, latex dipping process additives and processing aids, latex chemical dispersions, latex surfactants, dispersants, synthetic latex, and specialty chemicals; coating materials, such as resins, fillers, and additives to the paint and coating industries; PVC raw materials and chemical additives; and synthetic rubbers, rubber chemicals, rubber accelerators and antioxidants, insoluble sulphur, crosslinking peroxides, silica, carbon black, rubber processing oils, zinc oxides, precipitated calcium carbonate, factices, color pigments, and plasticizers. The company is involved in the manufacture and trading of unsaturated polyester resins (UPR) and related products under the POLYMAL brand. Its products also include laminating, casting, coating, anti-corrosion, and special resins; and gelcoats. The company’s UPR and related products are used in various consumer and industrial applications in electrical, housing, aircraft, sports, industrial equipment, construction, vessel, railcar, plywood, and automobile industries. It also exports its products to Indonesia, Vietnam, Thailand, Australia, Bangladesh, Cambodia, Singapore, British Virgin Islands, the Philippines, New Zealand, Japan, and internationally. The company was formerly known as Luxchem Corporation Sdn. Bhd. and changed its name to Luxchem Corporation Berhad in August 2007. The company was founded in 1984 and is headquartered in Petaling Jaya, Malaysia. Luxchem Corporation Berhad is a subsidiary of Chemplex Resources Sdn. Bhd.

Details
Name: Luxchem Corporation Berhad
LUXCHEM
Exchange: KLSE
Founded: 1984
MYR510,610,875
895,808,553
Website: http://www.luxchem.com.my
Address: Luxchem Corporation Berhad
No. 6, Jalan SS21/58,
Damansara Utama,
Petaling Jaya,
Selangor, 47400,
Malaysia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
KLSE LUXCHEM Ordinary Shares Bursa Malaysia MY MYR 27. Jun 2008
Number of employees
Current staff
Staff numbers
226
Luxchem Corporation Berhad employees.
Industry
Trading Companies and Distributors
Capital Goods
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/01/28 15:49
End of day share price update: 2020/01/28 00:00
Last estimates confirmation: 2019/12/09
Last earnings filing: 2019/10/24
Last earnings reported: 2019/09/30
Last annual earnings reported: 2018/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.