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Average Score: TMC Life Sciences Berhad (Tmclife-Ku)
Average Score: TMC Life Sciences Berhad (Tmclife-Ku)
Healthcare Services & Equip. / Health Providers & Svcs. / Health Facilities & Svcs. DETAILED STOCK REPORT
Report Date: 2021-Aug-25
Last Close Avg Daily Vol 52-Week High Trailing PE Annual Div ROE LTG Forecast 1-Mo Return
0.61 (MYR) 254,206 0.82 55.1 -- 2.1% -- -0.8%
2021 August 24 Market Cap 52-Week Low Forward PE Dividend Yield Annual Rev Inst Own 3-Mo Return
MALAYSIA Exchange
1.0B 0.47 -- 0.3% 184M 0.2% -4.7%
AVERAGE SCORE
NEUTRAL OUTLOOK: TMCLIFE's current score Score Averages
is relatively in-line with the market. Health Providers & Svcs. Group: 5.3 Mid Market Cap: 6.2
Healthcare Services & Equip. Sector: 5.4 FBM KLCI Index: 6.6
Average Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive IHH 6 6 6 8 7
TDM 3 4 4 5 6
Neutral KPJ 6 5 4 4 4
TMCLIFE 7 4 5 5 4
Negative
2018-08 2019-08 2020-08 2021-08
BUSINESS SUMMARY
TMC Life Sciences Berhad is a Malaysia-based investment holding company. The Company operates in the healthcare sector. The Company, through
its subsidiaries, provides multi-disciplinary tertiary healthcare services. The Company's subsidiaries include IVF Technologies Malaysia Sdn. Bhd.,
which is engaged in the provision of fertility services and operation of women's clinic; TMC Biotech Sdn. Bhd., which is engaged in provision of fertility
consultancy, laboratory and embryology services and research and development; TMC Lifestyle Sdn. Bhd., which is engaged in development,
marketing and management of healthcare programs; TMC Properties Sdn. Bhd., which is involved in property investment; TMC Care Sdn. Bhd., which
is engaged in the provision of pharmacy services and products; TMC Women's specialist Holdings Sdn. Bhd., which operates specialist holdings fertility
centers, and PT Tropicana Healthcare Indonesia, which is engaged in marketing and promoting of healthcare products.
Page 1 of 11
© 2021 Refinitiv. All rights reserved.
TMC LIFE SCIENCES BERHAD (TMCLIFE-KU)
Healthcare Services & Equip. / Health Providers & Svcs. / Health Facilities & Svcs. DETAILED STOCK REPORT
Report Date: 2021-Aug-25
INDICATOR COMPONENTS
The AVERAGE SCORE combines the quantitative analysis of five widely-used investment decision making tools: Earnings,
Fundamental, Relative Valuation, Risk, and Price Momentum. A simple average of the underlying component ratings is normally
distributed to rank stocks on a 1-10 scale (10 being awarded to the most favorable). These factors may be evaluated differently using
alternative methodologies and the importance of individual factors varies across industries, market capitalization and investment styles.
Additional criteria should always by used to evaluate a stock.
PEER COMPANIES
IHH IHH Healthcare SMILE Smile-Link Healthcare Global
KPJ KPJ Healthcare TDM TDM
LYC LYC Healthcare TOPGLOV Top Glove Corp
MGRC Malaysian Genomics Resource UCREST UCrest
OPTIMAX Optimax Holdings
Page 2 of 11
© 2021 Refinitiv. All rights reserved.
TMC LIFE SCIENCES BERHAD (TMCLIFE-KU)
Healthcare Services & Equip. / Health Providers & Svcs. / Health Facilities & Svcs. DETAILED STOCK REPORT
Report Date: 2021-Aug-25
This company does not currently meet the data Earnings Score Averages
requirements to calculate a score for this Health Providers & Svcs. Group: 4.0 Mid Market Cap: 5.5
component. Healthcare Services & Equip. Sector: 3.6 FBM KLCI Index: 5.8
Earnings Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive IHH 9 9 4 7 7
KPJ 1 2 1 1 1
Neutral TDM NR NR NR NR NR
TMCLIFE NR NR NR NR NR
Negative
2018-08 2019-08 2020-08 2021-08
EARNINGS INDICATORS
Earnings Surprises Estimate Revisions Recommendation Changes
(33.3% weight) (33.3% weight) (33.3% weight)
IHH
IHH
IHH
KPJ
KPJ KPJ
Page 3 of 11
© 2021 Refinitiv. All rights reserved.
TMC LIFE SCIENCES BERHAD (TMCLIFE-KU)
Healthcare Services & Equip. / Health Providers & Svcs. / Health Facilities & Svcs. DETAILED STOCK REPORT
Report Date: 2021-Aug-25
NA NA NA NA
EARNINGS SURPRISES
Comparing a company's actual earnings to the mean expectation of Surprise Detail (Last 6 Periods)
analysts results in a difference referred to as a 'positive' or 'negative'
surprise. Research has shown that when a company reports a Surprise Announce Period End Actual Mean Surprise
surprise, it is often followed by more of the same surprise type. Type Date Date EPS EPS (%)
Surprise Summary (Last 12 Quarters)
Surprise Type Amount Percent There are no earnings surprises during this time period.
Positive Quarters (> 2%) 0 --
Negative Quarters (< -2%) 0 --
In-Line Quarters (within 2%) 0 --
ANNUAL REVENUE
A pattern of increasing sales in Actuals Estimates
conjunction with a rising EPS may
influence a buy recommendation, while NA NA
flat or falling sales and faltering
earnings may explain a sell Mean -- --
recommendation. A rising EPS with flat Annual revenue data is not available High -- --
or falling sales may result from
increased cost efficiency and margins, Low -- --
rather than market expansion. This Forecasted Growth -- --
chart shows the sales forecast trend of # of Analysts -- --
all analysts and the highest and lowest
projections for the current and next NA NA NA NA
fiscal year.
Page 4 of 11
© 2021 Refinitiv. All rights reserved.
TMC LIFE SCIENCES BERHAD (TMCLIFE-KU)
Healthcare Services & Equip. / Health Providers & Svcs. / Health Facilities & Svcs. DETAILED STOCK REPORT
Report Date: 2021-Aug-25
FUNDAMENTAL
NEUTRAL OUTLOOK: Fundamentals relatively Fundamental Score Averages
in-line with the market. Health Providers & Svcs. Group: 5.5 Mid Market Cap: 6.2
Healthcare Services & Equip. Sector: 6.7 FBM KLCI Index: 6.0
Q3 Q4 Q1 Q2
Fundamental Score Trend Peers 2020 2020 2021 2021 Current 3Y Trend
IHH 6 8 NR NR 5
Positive
TDM 5 2 NR NR 5
Neutral TMCLIFE 3 7 7 5 4
Negative KPJ 3 4 NR NR 3
Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
2019 2020
FUNDAMENTAL INDICATORS
Profitability Debt Earnings Quality Dividend
(25% weight) (25% weight) (25% weight) (25% weight)
TDM
IHH
IHH
IHH
KPJ KPJ
TDM TMCLIF…
TMCLIF… TMCLIF…
KPJ
TDM
IHH
TMCLIF… TDM
KPJ
Revenue Growth -5.6% Current Ratio 2.6 Oper. Cash Yield 13.5% Dividend Growth -16.9%
For year over year For interim period For latest 12 months For year over year
ending 2020-06 ending 2021-03 ending 2020-06 ending 2020-06
Gross Margin 9.0% Debt-to-Capital 10.1% Accruals 14.7% Dividend Payout 18.4%
For latest 12 months For annual period For latest 12 months For latest 12 months
ending 2020-06 ending 2020-06 ending 2020-06 ending 2020-06
Return On Equity 2.1% Interest Funding 0.7% Days Sales In Inv. 26.2 Dividend Coverage 6.0
For interim period For interim period For annual period For annual period
ending 2020-06 ending 2020-09 ending 2020-06 ending 2020-06
Net Margin 8.7% Interest Coverage 30.1 Days Sales In Rec. 71.3 Current Div. Yield 0.3%
For latest 12 months For interim period For annual period For latest 12 months
ending 2020-06 ending 2021-03 ending 2020-06 ending 2021-08
HIGHLIGHTS
- The Fundamental Rating for Tmc Life Sciences Berhad declined - TMCLIFE's operating cash yield of 13.5% is substantially below the
significantly over the last quarter from 7 to 4. The average Health Providers & Svcs. industry group average of 158.6%.
Fundamental Rating for its Health Providers & Svcs. industry group is - Of the 9 firms within the Health Providers & Svcs. industry group, Tmc
5.4 and the FTSE BURSA MALAYSIA COMPOSITE index average is Life Sciences Berhad is among 5 companies that pay a dividend. The
6.0. stock's dividend yield is currently 0.3%.
- The company's net margin has been higher than its industry group
average for each of the past five years.
- The company's current ratio has been higher than its industry group
average for each of the past five years.
Page 5 of 11
© 2021 Refinitiv. All rights reserved.
TMC LIFE SCIENCES BERHAD (TMCLIFE-KU)
Healthcare Services & Equip. / Health Providers & Svcs. / Health Facilities & Svcs. DETAILED STOCK REPORT
Report Date: 2021-Aug-25
RELATIVE VALUATION
NEGATIVE OUTLOOK: Multiples significantly Relative Valuation Score Averages
above the market or the stock's historic norms. Health Providers & Svcs. Group: 2.6 Mid Market Cap: 4.9
Healthcare Services & Equip. Sector: 5.0 FBM KLCI Index: 4.0
Relative Valuation Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive TDM NR NR NR 7 7
IHH 1 1 1 2 2
Neutral KPJ 4 3 2 2 2
TMCLIFE 3 3 4 2 2
Negative
2018-08 2019-08 2020-08 2021-08
TDM
KPJ
IHH
IHH IHH
TMCLIFE
TMCLIFE KPJ
KPJ
TDM TDM
TMCLIFE
HIGHLIGHTS
- Tmc Life Sciences Berhad currently has a Relative Valuation Rating of - TMCLIFE's 5.7 Price to Sales multiple is currently at the low end of its
2 which is significantly below the FTSE BURSA MALAYSIA 5-year range (lowest 5.7 to highest 14.0).
COMPOSITE index average rating of 4.0. - TMCLIFE's Trailing P/E of 55.1 represents a 18% Discount to its 5-
- TMCLIFE is currently valued at a premium to the FTSE BURSA year average of 67.4.
MALAYSIA COMPOSITE index based on both Price to Sales ratio and
Trailing P/E.
Page 6 of 11
© 2021 Refinitiv. All rights reserved.
TMC LIFE SCIENCES BERHAD (TMCLIFE-KU)
Healthcare Services & Equip. / Health Providers & Svcs. / Health Facilities & Svcs. DETAILED STOCK REPORT
Report Date: 2021-Aug-25
Page 7 of 11
© 2021 Refinitiv. All rights reserved.
TMC LIFE SCIENCES BERHAD (TMCLIFE-KU)
Healthcare Services & Equip. / Health Providers & Svcs. / Health Facilities & Svcs. DETAILED STOCK REPORT
Report Date: 2021-Aug-25
RISK
POSITIVE OUTLOOK: Consistent return Risk Score Averages
patterns (low volatility). Health Providers & Svcs. Group: 6.8 Mid Market Cap: 7.4
Healthcare Services & Equip. Sector: 5.3 FBM KLCI Index: 9.0
Risk Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive IHH 10 9 10 10 10
TMCLIFE 9 9 9 10 10
Neutral KPJ 9 8 8 8 8
TDM 3 4 5 6 7
Negative
2018-08 2019-08 2020-08 2021-08
RISK INDICATORS
Magnitude of Returns Volatility Beta (1-year) Correlation
(25% weight) (25% weight) (25% weight) (25% weight)
IHH IHH
IHH
KPJ KPJ TMCLIF…
TDM
TMCLIF… TMCLIF…
IHH
TDM TDM KPJ TMCLIF…
TDM
KPJ
Daily Returns (Last 90 Days) Standard Deviation Beta vs. FBM KLCI -0.02 Correlation vs. FBM KLCI
Best 6.9% Last 90 Days 2.06 Positive Days Only -0.28 Last 90 Days 23%
Worst -6.3% Last 60 Months 6.93 Negative Days Only 0.18 Last 60 Months 45%
Monthly Returns (Last 60 Months) Intra-Day Swing (Last 90 Days) Beta vs. Group 0.42 Correlation vs. Group
Best 22.9% Average 2.8% Positive Days Only 0.22 Last 90 Days 36%
Worst -27.6% Largest 7.5% Negative Days Only 0.88 Last 60 Months 60%
Page 8 of 11
© 2021 Refinitiv. All rights reserved.
TMC LIFE SCIENCES BERHAD (TMCLIFE-KU)
Healthcare Services & Equip. / Health Providers & Svcs. / Health Facilities & Svcs. DETAILED STOCK REPORT
Report Date: 2021-Aug-25
Price Momentum Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive KPJ 9 8 8 10 10
IHH 3 5 9 9 9
Neutral TDM 6 6 3 4 5
TMCLIFE 9 2 3 4 3
Negative
2018-08 2019-08 2020-08 2021-08
IHH
TMCLIFE
KPJ
KPJ
TDM IHH
TDM
TMCLIFE
Relative Strength Indicator (Scale from 1 to 100) Average Monthly Return (Last 10 Years)
TMCLIFE Industry Avg Aug Sep Oct
Last 1 Month 48 53 Company Avg -3.0% 6.3% 1.4%
Last 3 Months 47 52 Industry Avg 0.4% 0.3% 3.2%
Last 6 Months 48 52 Industry Rank 11 of 49 27 of 50 16 of 50
PRICE PERFORMANCE
Daily close prices are used to calculate the TMCLIFE TMCLIFE FBM KLCI
performance of the stock as compared to a
FBM KLCI Close Price (2021-08-24) 0.61 1,553
relevant index over five time periods.
52-Week High 0.82 1,685
0%
1-Week 52-Week Low 0.47 1,461
2%
Page 9 of 11
© 2021 Refinitiv. All rights reserved.
TMC LIFE SCIENCES BERHAD (TMCLIFE-KU)
Healthcare Services & Equip. / Health Providers & Svcs. / Health Facilities & Svcs. DETAILED STOCK REPORT
Report Date: 2021-Aug-25
Page 10 of 11
© 2021 Refinitiv. All rights reserved.
TMC LIFE SCIENCES BERHAD (TMCLIFE-KU)
Healthcare Services & Equip. / Health Providers & Svcs. / Health Facilities & Svcs. DETAILED STOCK REPORT
Report Date: 2021-Aug-25
Valuation Averages
Negative values are excluded when calculating the averages. A maximum value of
100 is placed on Trailing P/E and Forward P/E, a maximum value of 5 is placed on
Forward PEG, and a maximum value of 20 is placed on Price to Sales when
calculating the averages. Higher values are rounded down to the maximum for the
averages.
Valuation Multiples
The valuation multiples provide the Trailing P/E, Forward P/E, Forward PEG, and
Price to Sales for the company and the S&P 500 index average. In addition, a
comparison of the current company’s values to its 5-year average and an industry
average are presented. A discount occurs when the company’s ratio is valued
more favorably (lower) than that to which it is compared.
Risk
The Risk Rating displays stocks on a scale of 1 to 10 with 10 being awarded to the
least risky stocks. It is derived by looking at a series of long-term (5-year) and
short-term (90-day) stock performance measures including volatility, magnitude of
returns, beta, and correlation. Each factor is equally weighted. Then, equal deciles
are used to rank each stock across the market. A stock needs to have at least two
of the four risk factors in order to receive a score.
● Magnitude of Returns – The best / worst daily returns in the past 90 days and the
best / worst monthly returns in the past 60 months.
● Volatility – The standard deviation of the stock price over the last 90 days and
last 60 months, along with the average and largest intra-day stock swing.
● Beta – Measures the tendency of a security’s returns to respond to swings in the
market, based on the beta of the company versus the relevant index.
● Correlation – Determines how closely the returns of the stock and the relevant
index move together, measured over the last 90 days and last 60 months.
Risk Analysis
Price analysis for the company and the relevant index is provided over two time
periods. Daily analysis is provided for the last 90 days, whereas monthly statistics
are used for the last 60 months.
Price Momentum
The Price Momentum Rating is based on a combination of two technical
performance factors: relative strength (70% weight) and seasonality (30% weight).
After the weightings are considered to combine individual factors, equal deciles are
used to rank each stock across the market on a scale of 1 to 10, with 10 being most
favorable. A stock needs to have data for the relative strength factor in order to
receive a score.
● Relative Strength – The relative strength of the company for the last 1 month, 3
months, and 6 months on a scale of 1 to 100.
● Seasonality – The average monthly return (price performance) for the current
month and next 2 months for the company and industry, over the past 10 years.
A lower industry rank indicates a higher return.
Price Performance
Daily close prices are used to calculate the price performance of the stock. The
performance of the relevant index is also displayed as a means of comparison.
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taken in reliance on such content.
The content in this Refinitiv report does not constitute investment advice or a
recommendation to buy or sell securities of any kind. Past performance is not a
guarantee of future results. Investors should consider this report as only a single
factor when making an investment decision.
Page 11 of 11
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