ARMADA (5210) : ARMADA – Fundamental Analysis (30 Dec 2014)
ARMADA Analysis:-
Excel – http://1drv.ms/1Bfgpl4
Notes – http://tinyurl.com/ljr9qlb
My View:-
Valuation
Absolute EY%
Trailing:
FY13 (EPS: 0.076) – Fair value 2.34 (Fair Value Uncertainty: LOW)
R4Q (EPS: 0.076) – Fair value 2.34 (Fair Value Uncertainty: LOW)
Forward:
FY14 (EPS: 0.077) – Fair value 2.37 (Fair Value Uncertainty: LOW)
FY15 (EPS: 0.089) – Fair value 2.72 (Fair Value Uncertainty: LOW)
EPS applied to reach the current stock price (1.15): 0.037
Absolute PE
FY13 (EPS: 0.076) – Fair value 0.55 (Fair Value Uncertainty: EXTREME)
R4Q (EPS: 0.076) – Fair value 0.55 (Fair Value Uncertainty: EXTREME)
I am not comfortable with financial positions of ARMADA despite increasing revenue and PATAMI. Besides, its net profit declined YoY for 4 consecutive quarters.
Risks/Challenges (listed in my notes) are above my risk appetite.
Latest Financial – Q3 2014 Financial Report (20 Nov 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1800437
At the time of writing, I did not own shares of ARMADA.
http://lcchong.wordpress.com
ARMADA Analysis:-
Excel – http://1drv.ms/1Bfgpl4
Notes – http://tinyurl.com/ljr9qlb
My View:-
Valuation
Absolute EY%
Trailing:
FY13 (EPS: 0.076) – Fair value 2.34 (Fair Value Uncertainty: LOW)
R4Q (EPS: 0.076) – Fair value 2.34 (Fair Value Uncertainty: LOW)
Forward:
FY14 (EPS: 0.077) – Fair value 2.37 (Fair Value Uncertainty: LOW)
FY15 (EPS: 0.089) – Fair value 2.72 (Fair Value Uncertainty: LOW)
EPS applied to reach the current stock price (1.15): 0.037
Absolute PE
FY13 (EPS: 0.076) – Fair value 0.55 (Fair Value Uncertainty: EXTREME)
R4Q (EPS: 0.076) – Fair value 0.55 (Fair Value Uncertainty: EXTREME)
I am not comfortable with financial positions of ARMADA despite increasing revenue and PATAMI. Besides, its net profit declined YoY for 4 consecutive quarters.
Risks/Challenges (listed in my notes) are above my risk appetite.
Latest Financial – Q3 2014 Financial Report (20 Nov 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1800437
At the time of writing, I did not own shares of ARMADA.
http://lcchong.wordpress.com