Monday, April 26, 2021

Can-One Berhad CANONE Code 5105

Stock Name : CANONE
Code: 5105

Nature of Business: Tin cans, Jerry cans, Aluminums cans, Cartons, Edible oils, Beverages and Milk powder, Trading Division and Property Investment Holding.  

Low PE (there was one time
720 mil net earning in FY2019, this have caused PE to be low in stock screen, average net earning should be around 60-80 mil, revenue on increasing trend, however net profit seems lagging). The one time increase in revenue mainly due to consolidation of KJCF Group. 

Dividend - 1-2%

Net asset: Price below Net Asset
Debt to Equity: 0.96
Current Ratio: OK

Pseudo-DCF (10%, 10 years period): 4.99-13.18
Technical: 2.7-3
Overall: Amber

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