• 😍 As low as RM0.73/day to unleash the full potential of your stock investment!!!
  • 😍 As low as RM0.73/day to unleash the full potential of your stock investment!!!
Subscribe Now
premium Subscription Plan
add free StockBiz
YouTube Video Tutorials
1
EMETALL (7217) : EONMETALL GROUP BERHAD
Sebie_Kelate
Member StarMember Star
Posts: 746
Joined: Dec 2016
26 Feb 2017, 09:11 AMPost #1

Sebie_Kelate
Member StarMember Star
Posts: 746
Joined: Dec 2016
14 Mar 2017, 08:34 PMPost #2

ONLINE coaching - Group Premium Student Mahersaham

Sebie_Kelate
Member StarMember Star
Posts: 746
Joined: Dec 2016
14 Mar 2017, 08:41 PMPost #3

ONLINE coaching - Group Premium Student Mahersaham

Sebie_Kelate
Member StarMember Star
Posts: 746
Joined: Dec 2016
05 May 2017, 07:47 AMPost #4

Sebie_Kelate
Member StarMember Star
Posts: 746
Joined: Dec 2016
17 May 2017, 01:23 PMPost #5

IVKLSE
Member Star
Posts: 172
Joined: Aug 2015
08 Apr 2020, 11:15 AMPost #6

Industry Comparision : Steel Products

  1. AISB
  2. ANNJOO
  3. ATTA
  4. CHOOBEE
  5. CSCSTEL
  6. DYNACIA
  7. EMETALL
  8. HIAPTEK
  9. KINSTEL
  10. LEONFB
  11. LIONIND
  12. MASTEEL
  13. MELEWAT
  14. MYCRON
  15. PANTECH
  16. PRESTAR
  17. SSTEEL
  18. WZSATU
  19. YKGI
  20. YLI
i4value
Member StarMember Star
Posts: 617
Joined: Aug 2020
20 May 2025, 07:09 AMPost #7

Eonmetall's  Pivot: Rebuilding After Revenue Declines

 

Eonmetall Group Berhad is a Malaysian-based industrial company specializing in flat steel products and industrial racking systems. The company is vertically integrated, encompassing machinery manufacturing, IT solutions, and renewable biomass ventures.

 

Six years ago, approximately 50% of Eonmetall's revenue was derived from exports. However, by 2024, this figure had declined to around 33%.

 

A significant factor contributing to this reduction was the imposition of U.S. anti-dumping duties on Eonmetall's boltless steel shelving units in 2023. This led to a 33% drop in revenue compared to 2022, with exports to the U.S. plummeting from 38% of total revenue in 2022 to just 3% in 2024.

 

In response to the loss of the U.S. market, Eonmetall focused on expanding its domestic sales. While this strategy helped mitigate some of the revenue loss, the company's total revenue in 2024 remained approximately 25% lower than in 2022.

 

Despite the revenue challenges, Eonmetall returned to profitability in 2024, achieving a marginal Return on Equity (ROE) of 0.7%. This marks a recovery from the losses experienced in 2023. To regain its pre-2023 average ROE of 8%, the company will likely need to rebuild its export markets and explore new international opportunities.

 

The market price of Eonmetall's stock has been declining over the past three years, reflecting the company's declining business performance during that period. However, this downturn may not fully account for the potential turnaround, as the stock is currently trading at approximately one-sixth of its book value.

 

Given the improving performance in 2024 and the company's return to profitability, it appears that the market may have overreacted, potentially presenting an undervaluation opportunity from an asset value perspective. You should not be surprise to see it falling into the Turnaround quadrant in the Fundamental Mapper

 

If you want to understand more about the impact of the steel price on other Bursa flat steel companies, join me this at this Thursday podcast

 

Date: 22 May 2025 (Thu)

Time: 8:30pm

Link: https://www.facebook.com/xifu.my

1

yeah doh drool lol mad notworthy question rant rolleyes sad shutup shy smile star sweat thumbup wub cry

Login Required
Login required to unlock information below.
Login Now | Free Registration

Close
New Feature
MS Academy
MS Support
Thanks for your interest to subscribe our plan.

Please feel free to contact us at 016-237 8521 if you have any question regarding to our subscription plan.
AI StockMaster. Beat The Market! Checking MS Signal
DETECT REAL-TIME STOCK MOVEMENT
X
(InvestorPro Plan Only)
Complimentary access on Premium Plan*
What is AI StockMaster?
Window Alert On-Screen Alert X
X