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AEON Credit Service (M) Berhad

KLSE:AEONCR
Snowflake Description

Undervalued average dividend payer.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
AEONCR
KLSE
MYR2B
Market Cap
  1. Home
  2. MY
  3. Diversified Financials
Company description

AEON Credit Service (M) Berhad engages in the consumer finance business in Malaysia. The last earnings update was 107 days ago. More info.


Add to Portfolio Compare Print
  • AEON Credit Service (M) Berhad has significant price volatility in the past 3 months.
AEONCR Share Price and Events
7 Day Returns
2.5%
KLSE:AEONCR
-10%
Asia Consumer Finance
-0.3%
MY Market
1 Year Returns
-48.5%
KLSE:AEONCR
-33.4%
Asia Consumer Finance
-21.9%
MY Market
AEONCR Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
AEON Credit Service (M) Berhad (AEONCR) 2.5% -36.5% -37.9% -48.5% -17.4% -3.7%
Asia Consumer Finance -10% -36.5% -38.4% -33.4% -17.8% -9.1%
MY Market -0.3% -13.8% -21.3% -21.9% -30% -31.8%
1 Year Return vs Industry and Market
  • AEONCR underperformed the Consumer Finance industry which returned -33.4% over the past year.
  • AEONCR underperformed the Market in Malaysia which returned -21.9% over the past year.
Price Volatility
AEONCR
Industry
5yr Volatility vs Market

AEONCR Value

 Is AEON Credit Service (M) 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 AEON Credit Service (M) 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 AEON Credit Service (M) Berhad.

KLSE:AEONCR Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Weighted future Return on Equity estimates from 5 analysts.
= Stable Book Value * Return on Equity
= MYR8.15 * 18.6%
MYR1.51
Book Value of Equity per Share Weighted future Book Value estimates from 6 analysts. MYR8.15
Discount Rate (Cost of Equity) See below 11.6%
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:AEONCR
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year MY Govt Bond Rate 3.4%
Equity Risk Premium S&P Global 7%
Consumer Finance Unlevered Beta Simply Wall St/ S&P Global 0.55
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.547 (1 + (1- 24%) (358.3%))
1.181
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.18
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 3.42% + (1.181 * 6.96%)
11.64%

Discounted Cash Flow Calculation for KLSE:AEONCR using Excess Returns Model Model

The calculations below outline how an intrinsic value for AEON Credit Service (M) Berhad is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

KLSE:AEONCR Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (18.6% – 11.64%) * MYR8.15)
MYR0.56
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= MYR0.56 / (11.64% - 3.42%)
MYR6.86
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= MYR8.15 + MYR6.86
MYR15.01
KLSE:AEONCR Discount to Share Price
Calculation Result
Value per share (MYR) From above. MYR15.01
Current discount Discount to share price of MYR8.69
= -1 x (MYR8.69 - MYR15.01) / MYR15.01
42.1%

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

Current Discount
Amount off the current price AEON Credit Service (M) Berhad is available for.
Intrinsic value
42%
Share price is MYR8.69 vs Future cash flow value of MYR15.01
Current Discount Checks
For AEON Credit Service (M) Berhad to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • AEON Credit Service (M) Berhad's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • AEON Credit Service (M) 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 AEON Credit Service (M) Berhad's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are AEON Credit Service (M) Berhad's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
KLSE:AEONCR PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-11-30) in MYR MYR1.09
KLSE:AEONCR Share Price ** KLSE (2020-04-03) in MYR MYR8.69
Asia Consumer Finance Industry PE Ratio Median Figure of 183 Publicly-Listed Consumer Finance Companies 7.97x
Malaysia Market PE Ratio Median Figure of 608 Publicly-Listed Companies 11.11x

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

** Primary Listing of AEON Credit Service (M) Berhad.

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

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

= 8.69 ÷ 1.09

7.96x

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

  • AEON Credit Service (M) Berhad is good value based on earnings compared to the Asia Consumer Finance industry average.
  • AEON Credit Service (M) Berhad is good value based on earnings compared to the Malaysia market.
Price based on expected Growth
Does AEON Credit Service (M) Berhad's expected growth come at a high price?
Raw Data
KLSE:AEONCR PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 7.96x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts
14.8%per year
Asia Consumer Finance Industry PEG Ratio Median Figure of 29 Publicly-Listed Consumer Finance Companies 0.54x
Malaysia Market PEG Ratio Median Figure of 260 Publicly-Listed Companies 1.04x

*Line of best fit is calculated by linear regression .

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

= PE Ratio ÷ Net Income Annual Growth Rate

= 7.96x ÷ 14.8%

0.54x

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

  • AEON Credit Service (M) Berhad is good value based on expected growth next year.
Price based on value of assets
What value do investors place on AEON Credit Service (M) Berhad's assets?
Raw Data
KLSE:AEONCR PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-11-30) in MYR MYR7.34
KLSE:AEONCR Share Price * KLSE (2020-04-03) in MYR MYR8.69
Asia Consumer Finance Industry PB Ratio Median Figure of 232 Publicly-Listed Consumer Finance Companies 0.6x
Malaysia Market PB Ratio Median Figure of 926 Publicly-Listed Companies 0.55x
KLSE:AEONCR PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

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

= 8.69 ÷ 7.34

1.18x

* Primary Listing of AEON Credit Service (M) Berhad.

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

  • AEON Credit Service (M) Berhad is overvalued based on assets compared to the Asia Consumer Finance industry average.
X
Value checks
We assess AEON Credit Service (M) 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 Consumer Finance 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 Consumer Finance industry average (and greater than 0)? (1 check)
  5. AEON Credit Service (M) Berhad has a total score of 5/6, 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.

AEONCR Future Performance

 How is AEON Credit Service (M) Berhad expected to perform in the next 1 to 3 years based on estimates from 6 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
14.8%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is AEON Credit Service (M) Berhad expected to grow at an attractive rate?
  • AEON Credit Service (M) Berhad's earnings growth is expected to exceed the low risk savings rate of 3.4%.
Growth vs Market Checks
  • AEON Credit Service (M) Berhad's earnings growth is expected to exceed the Malaysia market average.
  • AEON Credit Service (M) Berhad's revenue growth is expected to exceed the Malaysia market average.
Annual Growth Rates Comparison
Raw Data
KLSE:AEONCR Future Growth Rates Data Sources
Data Point Source Value (per year)
KLSE:AEONCR Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 6 Analysts 14.8%
KLSE:AEONCR Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 6 Analysts 13.5%
Asia Consumer Finance Industry Earnings Growth Rate Market Cap Weighted Average 18.5%
Asia Consumer Finance Industry Revenue Growth Rate Market Cap Weighted Average 17.7%
Malaysia Market Earnings Growth Rate Market Cap Weighted Average 9.7%
Malaysia Market Revenue Growth Rate Market Cap Weighted Average 4.9%

*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:AEONCR Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below
All numbers in MYR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
KLSE:AEONCR Future Estimates Data
Date (Data in MYR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2022-02-28 1,961 388 3
2021-02-28 1,783 -558 347 3
2020-04-04
2020-02-29 1,602 -1,630 292 3
KLSE:AEONCR Past Financials Data
Date (Data in MYR Millions) Revenue Cash Flow Net Income *
2019-11-30 1,268 -942 279
2019-08-31 1,232 -1,032 292
2019-05-31 1,179 -969 329
2019-02-28 1,143 -739 341
2018-11-30 1,065 -507 336
2018-08-31 1,035 -256 319
2018-05-31 1,018 -122 310
2018-02-28 997 -167 286
2017-11-30 993 -152 284
2017-08-31 968 -307 281
2017-05-31 934 -421 264
2017-02-28 902 -531 251

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • AEON Credit Service (M) Berhad's earnings are expected to grow by 14.8% yearly, however this is not considered high growth (20% yearly).
  • AEON Credit Service (M) Berhad's revenue is expected to grow by 13.5% 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:AEONCR Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 6 Analyst Estimates (S&P Global) See Below

All data from AEON Credit Service (M) Berhad Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KLSE:AEONCR Future Estimates Data
Date (Data in MYR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2022-02-28 1.56 1.73 1.32 4.00
2021-02-28 1.38 1.53 1.21 5.00
2020-04-04
2020-02-29 1.16 1.26 1.04 5.00
KLSE:AEONCR Past Financials Data
Date (Data in MYR Millions) EPS *
2019-11-30 1.09
2019-08-31 1.14
2019-05-31 1.29
2019-02-28 1.34
2018-11-30 1.31
2018-08-31 1.53
2018-05-31 1.50
2018-02-28 1.39
2017-11-30 1.14
2017-08-31 1.01
2017-05-31 1.03
2017-02-28 1.01

*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.
  • AEON Credit Service (M) Berhad is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess AEON Credit Service (M) 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 Asia 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.
AEON Credit Service (M) Berhad has a total score of 3/6, 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.

AEONCR Past Performance

  How has AEON Credit Service (M) 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 AEON Credit Service (M) Berhad's growth in the last year to its industry (Consumer Finance).
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.
  • AEON Credit Service (M) Berhad's year on year earnings growth rate has been positive over the past 5 years.
  • AEON Credit Service (M) Berhad's 1-year earnings growth is negative, it can't be compared to the 5-year average.
  • AEON Credit Service (M) Berhad's 1-year earnings growth is negative, it can't be compared to the Asia Consumer Finance industry average.
Earnings and Revenue History
AEON Credit Service (M) 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 AEON Credit Service (M) Berhad Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

KLSE:AEONCR Past Revenue, Cash Flow and Net Income Data
Date (Data in MYR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-11-30 1,268.09 278.69 224.01
2019-08-31 1,232.26 292.28 224.01
2019-05-31 1,178.53 328.79 224.01
2019-02-28 1,142.54 340.97 224.01
2018-11-30 1,064.67 335.70 198.93
2018-08-31 1,035.43 319.12 198.93
2018-05-31 1,017.96 309.86 198.93
2018-02-28 997.17 286.44 198.93
2017-11-30 993.09 284.21 183.17
2017-08-31 967.60 280.64 183.17
2017-05-31 933.61 264.43 183.17
2017-02-28 901.91 251.35 183.17
2016-11-30 877.41 239.40 158.18
2016-08-31 852.52 225.76 158.18
2016-05-31 821.98 219.06 158.18
2016-02-29 802.00 214.59 158.18
2015-05-31 757.66 208.09 150.42
2015-02-28 734.31 209.72 150.42
2014-11-20 689.17 195.91 130.55
2014-08-20 659.75 192.17 130.55
2014-05-20 622.73 190.29 130.55
2014-02-20 575.57 175.35 130.55
2013-11-20 528.59 166.54 91.09
2013-08-20 481.50 158.43 91.09
2013-05-20 440.55 147.38 91.09

*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.
  • AEON Credit Service (M) Berhad has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • AEON Credit Service (M) Berhad used its assets more efficiently than the Asia Consumer Finance industry average last year based on Return on Assets.
  • Unable to establish if AEON Credit Service (M) Berhad improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
X
Past performance checks
We assess AEON Credit Service (M) 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 Consumer Finance 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.
AEON Credit Service (M) 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.

AEONCR Health

 How is AEON Credit Service (M) 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 AEON Credit Service (M) Berhad's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • AEON Credit Service (M) Berhad is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • AEON Credit Service (M) Berhad's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of AEON Credit Service (M) 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.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 1.2x 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 AEON Credit Service (M) Berhad Company Filings, last reported 4 months ago.

KLSE:AEONCR Past Debt and Equity Data
Date (Data in MYR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-11-30 1,860.93 7,836.18 144.64
2019-08-31 1,853.93 7,447.85 125.55
2019-05-31 1,896.41 7,008.71 137.12
2019-02-28 1,874.98 6,538.74 96.33
2018-11-30 1,596.03 6,624.92 290.40
2018-08-31 1,668.80 6,090.89 299.08
2018-05-31 1,634.29 5,723.13 243.33
2018-02-28 1,857.50 5,669.21 319.65
2017-11-30 1,772.99 5,886.20 587.20
2017-08-31 1,322.87 6,058.41 505.63
2017-05-31 1,302.81 5,894.08 511.93
2017-02-28 1,230.99 5,878.52 659.94
2016-11-30 1,158.62 5,762.01 708.75
2016-08-31 1,130.09 5,229.64 424.39
2016-05-31 1,129.90 5,047.06 472.89
2016-02-29 1,060.82 4,908.18 545.47
2015-05-31 1,010.31 3,953.49 268.31
2015-02-28 955.71 3,821.67 261.59
2014-11-20 755.99 3,656.14 105.71
2014-08-20 761.31 3,303.62 16.72
2014-05-20 749.76 3,055.55 23.14
2014-02-20 645.56 2,954.36 65.41
2013-11-20 548.25 2,783.05 22.14
2013-08-20 479.57 2,546.72 55.46
2013-05-20 469.60 2,145.34 8.08
  • AEON Credit Service (M) Berhad's level of debt (421.1%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (472.3% vs 421.1% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on AEON Credit Service (M) Berhad's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess AEON Credit Service (M) 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. AEON Credit Service (M) Berhad has a total score of 3/6, 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.

AEONCR Dividends

 What is AEON Credit Service (M) 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
5.13%
Current annual income from AEON Credit Service (M) Berhad dividends. Estimated to be 5.6% next year.
If you bought MYR2,000 of AEON Credit Service (M) Berhad shares you are expected to receive MYR103 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?
  • AEON Credit Service (M) Berhad's pays a higher dividend yield than the bottom 25% of dividend payers in Malaysia (2.55%).
  • AEON Credit Service (M) Berhad's dividend is below the markets top 25% of dividend payers in Malaysia (6.67%).
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:AEONCR 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 6 Analyst Estimates (S&P Global) See Below
Asia Consumer Finance Industry Average Dividend Yield Market Cap Weighted Average of 100 Stocks 3%
Malaysia Market Average Dividend Yield Market Cap Weighted Average of 467 Stocks 4.2%
Malaysia Minimum Threshold Dividend Yield 10th Percentile 1.4%
Malaysia Bottom 25% Dividend Yield 25th Percentile 2.6%
Malaysia Top 25% Dividend Yield 75th Percentile 6.7%

Industry and Market average data is calculated daily.

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

KLSE:AEONCR Future Dividends Estimate Data
Date (Data in MYR) Dividend per Share (annual) Avg. No. Analysts
2022-02-28 0.51 5.00
2021-02-28 0.47 6.00
2020-04-04
2020-02-29 0.41 6.00
KLSE:AEONCR Past Annualized Dividends Data
Date (Data in MYR) Dividend per share (annual) Avg. Yield (%)
2019-09-26 0.446 3.354
2019-04-25 0.446 2.772
2018-10-04 0.423 2.636
2018-04-27 0.411 2.805
2017-10-05 0.536 4.021
2017-04-25 0.420 3.315
2016-05-27 0.396 4.065
2016-04-21 0.396 4.469
2015-12-22 0.398 5.067
2015-10-06 0.398 4.752
2015-05-25 0.395 4.401
2015-04-20 0.380 3.866
2014-12-16 0.365 4.323
2014-09-18 0.365 3.840
2014-04-16 0.320 3.015
2013-11-28 0.279 2.926
2013-04-18 0.237 2.169
2012-09-20 0.182 2.273
2012-04-19 0.167 2.700
2011-05-20 0.147 4.699
2010-09-21 0.131 6.091
2010-04-19 0.125 5.836
2009-09-17 0.117 5.248
2009-04-20 0.126 6.929

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 AEON Credit Service (M) Berhad's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.4x coverage).
Future Payout to shareholders
  • Dividends after 3 years are expected to be well covered by earnings (2.9x coverage).
X
Income/ dividend checks
We assess AEON Credit Service (M) Berhad's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.4%) - 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 AEON Credit Service (M) Berhad afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. AEON Credit Service (M) 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.

AEONCR Management

 What is the CEO of AEON Credit Service (M) 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
Yuro Kisaka
AGE 44
TENURE AS CEO 0.8 years
CEO Bio

Mr. Yuro Kisaka has been Managing Director and Director of Aeon Credit Service (M) Bhd since June 20, 2019. April 1997 - July 2001 Officer AEON Credit Service Co., Ltd. August 2001 - June 2003 Officer AEON Credit Service (Asia) Co., Ltd. July 2003 - August 2006 Assistant General Manager, Sales and Marketing Division AEON Credit Service (Asia) Co., Ltd. September 2006 - November 2007 Assistant General Manager, Internal Operation Division AEON Credit Service (Asia) Co., Ltd. December 2007 - February 2011 Senior Manager, Marketing Business, Credit Card Department AEON Credit Service (M) Berhad March 2011 - May 2011 Senior Manager, Credit Card Business and New Business Development Department AEON Credit Service (M) Berhad June 2012 - October 2012 Chief Representative, Myanmar Representative Office AEON Credit Service Co., Ltd. November 2012 - June 2019 Managing Director AEON Microfinance (Myanmar) Co., Ltd. Degree Law College of Law, Nihon University

CEO Compensation
  • Insufficient data for Yuro to compare compensation growth.
  • Insufficient data for Yuro to establish whether their remuneration is reasonable compared to companies of similar size in Malaysia.
Management Team Tenure

Average tenure and age of the AEON Credit Service (M) Berhad management team in years:

3.4
Average Tenure
45
Average Age
  • The tenure for the AEON Credit Service (M) Berhad management team is about average.
Management Team

Kit Lee

TITLE
Chief Financial Officer
COMPENSATION
MYR298K
AGE
50
TENURE
7 yrs

Tyan Lee

TITLE
COO, Head of the IT Division & Executive Director
COMPENSATION
MYR646K
AGE
45
TENURE
4 yrs

- Ajith

TITLE
Chief Strategy Officer & Chief Sales Officer
COMPENSATION
MYR241K
AGE
38

Yuro Kisaka

TITLE
MD & Director
AGE
44
TENURE
0.8 yrs

Faizul Hamzah

TITLE
General Manager of Public Relations Department
AGE
42

Shiro Ishida

TITLE
Chief Marketing Officer
AGE
45

Kiyoshi Wada

TITLE
Senior General Manager of Human Resource Management Division
AGE
59
TENURE
2.8 yrs

Krishnappan Singaram

TITLE
Head of Regulatory Affairs Office & Senior GM
COMPENSATION
MYR443K
AGE
52

Chee Phang

TITLE
Head of Internal Audit Group & GM
AGE
52
TENURE
2.8 yrs

Kean Tan

TITLE
Head of Credit Operation Group & GM
AGE
43
TENURE
21.1 yrs
Board of Directors Tenure

Average tenure and age of the AEON Credit Service (M) Berhad board of directors in years:

1.9
Average Tenure
64.5
Average Age
  • The average tenure for the AEON Credit Service (M) Berhad board of directors is less than 3 years, this suggests a new board.
Board of Directors

Eng Ng

TITLE
Chairman of the Board
COMPENSATION
MYR323K
AGE
66
TENURE
1.9 yrs

Tyan Lee

TITLE
COO, Head of the IT Division & Executive Director
COMPENSATION
MYR646K
AGE
45
TENURE
6.8 yrs

Yuro Kisaka

TITLE
MD & Director
AGE
44
TENURE
0.8 yrs

Tomokatsu Yoshitoshi

TITLE
Independent Non-Executive Director
COMPENSATION
MYR178K
AGE
67
TENURE
3.8 yrs

S. Moorthy

TITLE
Independent Non Executive Director
COMPENSATION
MYR190K
AGE
57
TENURE
2.1 yrs

Adinan Bin Maning

TITLE
Senior Independent Non-Executive Director
COMPENSATION
MYR121K
AGE
62
TENURE
1.3 yrs

Md Bin Ismaun

TITLE
Non Independent & Non Executive Director
COMPENSATION
MYR180K
AGE
71
TENURE
12.7 yrs

Pek Khoo

TITLE
Independent Non Executive Director
COMPENSATION
MYR118K
AGE
67
TENURE
1.8 yrs

Yasmin Binti Ahmad Merican

TITLE
Independent Non-Executive Director
COMPENSATION
MYR16K
AGE
68
TENURE
1.3 yrs

Rashidah Abu Bakar

TITLE
Independent Non-Executive Director
COMPENSATION
MYR16K
AGE
63
TENURE
1.3 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 AEON Credit Service (M) 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. AEON Credit Service (M) 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.

AEONCR News

Simply Wall St News

AEONCR Company Info

Description

AEON Credit Service (M) Berhad engages in the consumer finance business in Malaysia. It provides easy payment (EP) schemes and personal financing schemes based on Islamic principles; and issues credit cards. The company offers AEON credit cards, including AEON BiG Visa Classic, AEON BiG Visa Gold, AEON Gold Visa/MasterCard, AEON Classic Visa/MasterCard, AEON Platinum Visa, AEON Gold Visa/MasterCard, AEON Classic Visa/MasterCard, Motorcycle Association Affinity Gold Visa, Japan Club of Kuala Lumpur Credit, and Supplementary cards. It also provides prepaid cards, such as AEON Member PLUS Card (XPRESS+) and AEON Prepaid MasterCards; AEON Express cards; and Touch 'n Go Zing cards. In addition, the company offers personal financing products; Auto Financing HP-I, Motorcycle Financing HP-I, and Consumer Durable EP product financing services; small and medium enterprises equipment financing services; and insurance products. It has 6 regional offices, and 71 branches and service centers located in various shopping centers and towns, as well as a network of approximately 12,000 participating merchant outlets. The company was incorporated in 1996 and is headquartered in Kuala Lumpur, Malaysia. AEON Credit Service (M) Berhad is a subsidiary of AEON Financial Service Co., Ltd.

Details
Name: AEON Credit Service (M) Berhad
AEONCR
Exchange: KLSE
Founded: 1996
MYR2,203,829,266
253,605,209
Website: http://www.aeoncredit.com.my
Address: AEON Credit Service (M) Berhad
UOA Corporate Tower Avenue 10,
Level 18,
Kuala Lumpur,
59200,
Malaysia
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
KLSE AEONCR Ordinary Shares Bursa Malaysia MY MYR 12. Dec 2007
Number of employees
Current staff
Staff numbers
3,359
AEON Credit Service (M) Berhad employees.
Industry
Consumer Finance
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 17:01
End of day share price update: 2020/04/03 00:00
Last estimates confirmation: 2020/03/31
Last earnings filing: 2019/12/19
Last earnings reported: 2019/11/30
Last annual earnings reported: 2019/02/28


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.