DOMINAN (7169) - Stocks With Momentum: Dominant
March 17, 2015 : 10:30 AM MYT
Dominant Enterprise Bhd (+ve)
DOMINANT (Fundamental: 1.1/3, Valuation: 2.4/3) is involved in the manufacturing and distribution of engineered wood mouldings and laminated wood panel products.
Its share price closed 1.59% higher at RM1.28 yesterday, flirting with the previous high of RM1.30 which was reached in March and September last year, on sharply higher volume.
Between FYMar2010 and FYMar2014, Dominant’s revenue grew at a CAGR of 11.4% from RM309.8 million to RM477.7 million, lifted, primarily by domestic sales — which increased 12.5% annually, while export was up 5.9% per annum over the same period.
For 9MFY2015, Dominant recorded an increase in pre-tax profit of 21.2% y-y to RM16.7 million. This was mainly attributed to the company’s expanded market share and new products.
The stock currently trades at a low trailing 12-month P/E of 7.03 times and 0.83 times book value. By comparison, peer, HeveaBoard Berhad trades at trailing 12-month P/E of 9.41 times and 1.06 time book.
http://www.theedgemarkets.com
March 17, 2015 : 10:30 AM MYT
Dominant Enterprise Bhd (+ve)
DOMINANT (Fundamental: 1.1/3, Valuation: 2.4/3) is involved in the manufacturing and distribution of engineered wood mouldings and laminated wood panel products.
Its share price closed 1.59% higher at RM1.28 yesterday, flirting with the previous high of RM1.30 which was reached in March and September last year, on sharply higher volume.
Between FYMar2010 and FYMar2014, Dominant’s revenue grew at a CAGR of 11.4% from RM309.8 million to RM477.7 million, lifted, primarily by domestic sales — which increased 12.5% annually, while export was up 5.9% per annum over the same period.
For 9MFY2015, Dominant recorded an increase in pre-tax profit of 21.2% y-y to RM16.7 million. This was mainly attributed to the company’s expanded market share and new products.
The stock currently trades at a low trailing 12-month P/E of 7.03 times and 0.83 times book value. By comparison, peer, HeveaBoard Berhad trades at trailing 12-month P/E of 9.41 times and 1.06 time book.
http://www.theedgemarkets.com
