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Average Score: Apollo Food Holdings (Apollo-Ku)
Average Score: Apollo Food Holdings (Apollo-Ku)
Average Score: Apollo Food Holdings (Apollo-Ku)
Food & Beverages / Food & Tobacco / Food Processing 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
4.04 (MYR) 39,416 4.49 18.4 0.30 7.2% -- 2.5%
2021 August 25 Market Cap 52-Week Low Forward PE Dividend Yield Annual Rev Inst Own 3-Mo Return
MALAYSIA Exchange
314M 3.68 -- 7.5% 190M 1.2% 7.4%
AVERAGE SCORE
POSITIVE OUTLOOK: APOLLO is currently Score Averages
among an exclusive group of 54 stocks awarded Food & Tobacco Group: 6.3 Small Market Cap: 5.2
our highest score of 10. Food & Beverages Sector: 6.2 FBM KLCI Index: 6.6
Average Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive APOLLO 6 9 10 10 10
COCOLND 8 6 8 7 8
Neutral CAB 5 6 6 8 7
KAWAN 6 6 7 8 7
Negative
HBGLOB 4 4 5 4 1
2018-08 2019-08 2020-08 2021-08
BUSINESS SUMMARY
Apollo Food Holdings Berhad is a holding company, which is engaged in the provision of management services to subsidiaries. It operates in two
segments: Investment holding, and manufacturing, marketing and distribution, which is engaged in manufacturing, marketing and distributing in
compound chocolates, chocolate confectionery products and cakes. It offers products in two categories: Chocolate Wafer products, and Layer cake,
Chocolate Layer Cake and Swiss roll products. It distributes its products in Malaysia and other overseas market, including Singapore, Indonesia,
Thailand, Philippines, Vietnam, China, Hong Kong, Taiwan, Japan, India, Middle East, Mauritius and Maldives. Its subsidiaries include Apollo Food
Industries (M) Sdn. Bhd., which is engaged in manufacture and trading in compound chocolates, chocolate confectionery products and cakes, and Hap
Huat Food Industries Sdn. Bhd., which is an investment holding company. Its ultimate holding company is Keynote Capital Sdn. Bhd.
Page 1 of 11
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APOLLO FOOD HOLDINGS (APOLLO-KU)
Food & Beverages / Food & Tobacco / Food Processing 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
CAB CAB Cakaran Corp MSM MSM Malaysia Holdings
CNH Citra Nusa Holdings OCB OCB
COCOLND Cocoaland Holdings PPB PPB Group
HBGLOB HB Global REX Rex Industry
KAWAN Kawan Food SUNZEN Sunzen Biotech
Page 2 of 11
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APOLLO FOOD HOLDINGS (APOLLO-KU)
Food & Beverages / Food & Tobacco / Food Processing 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 Food & Tobacco Group: 5.7 Small Market Cap: 5.2
component. Food & Beverages Sector: 5.5 FBM KLCI Index: 5.8
Earnings Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive COCOLND 9 7 7 7 7
KAWAN 2 3 6 7 7
Neutral APOLLO NR NR NR NR NR
CAB NR NR NR NR NR
Negative
HBGLOB NR NR NR NR NR
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)
KAWAN
COCOLND
COCOLND
KAWAN
KAWAN
Page 3 of 11
© 2021 Refinitiv. All rights reserved.
APOLLO FOOD HOLDINGS (APOLLO-KU)
Food & Beverages / Food & Tobacco / Food Processing 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
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APOLLO FOOD HOLDINGS (APOLLO-KU)
Food & Beverages / Food & Tobacco / Food Processing DETAILED STOCK REPORT
Report Date: 2021-Aug-25
FUNDAMENTAL
POSITIVE OUTLOOK: Strong fundamentals Fundamental Score Averages
such as high profit margins, low debt levels, or Food & Tobacco Group: 6.1 Small Market Cap: 5.3
growing dividends. Food & Beverages Sector: 6.1 FBM KLCI Index: 6.0
Q3 Q4 Q1 Q2
Fundamental Score Trend Peers 2020 2020 2021 2021 Current 3Y Trend
APOLLO 9 10 10 10 10
Positive
KAWAN 9 10 NR NR 9
Neutral COCOLND 7 6 NR NR 6
Negative HBGLOB 1 1 NR NR 4
Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 CAB 4 4 3 3 2
2019 2020
FUNDAMENTAL INDICATORS
Profitability Debt Earnings Quality Dividend
(25% weight) (25% weight) (25% weight) (25% weight)
APOLL…
KAWAN COCOL… CAB
KAWAN
APOLL…
APOLL…
APOLL… HBGLO…
HBGLO… KAWAN
COCOL… KAWAN
CAB
COCOL…
CAB
CAB COCOL…
HBGLO…
HBGLO…
Revenue Growth 8.8% Current Ratio 11.1 Oper. Cash Yield 41.5% Dividend Growth 75.0%
For year over year For interim period For latest 12 months For year over year
ending 2021-04 ending 2021-04 ending 2021-04 ending 2021-04
Gross Margin 23.4% Debt-to-Capital 0.0% Accruals -1.1% Dividend Payout 91.8%
For latest 12 months For annual period For latest 12 months For latest 12 months
ending 2021-04 ending 2021-04 ending 2021-04 ending 2019-04
Return On Equity 7.2% Interest Funding -- Days Sales In Inv. 40.9 Dividend Coverage 1.0
For interim period For interim period For annual period For annual period
ending 2021-04 ending -- ending 2021-04 ending 2021-04
Net Margin 9.1% Interest Coverage -- Days Sales In Rec. 48.1 Current Div. Yield 7.5%
For latest 12 months For interim period For annual period For latest 12 months
ending 2021-04 ending -- ending 2021-04 ending 2021-08
HIGHLIGHTS
- Apollo Food Holdings currently has a Fundamental Rating of 10, which - The company's days sales in receivables has been higher than its
is significantly more bullish than the Food & Tobacco industry group industry group average for each of the past five years.
average of 6.1. - Of the 77 firms within the Food & Tobacco industry group, Apollo Food
- The company's net margin has been higher than its industry group Holdings is among 47 companies that pay a dividend. The stock's
average for each of the past five years. dividend yield is currently 7.5%.
- Of the 77 firms within the Food & Tobacco industry group that have
reported debt-to-capital, Apollo Food Holdings is among 38 firms
whose balance sheet is free of long-term debt.
Page 5 of 11
© 2021 Refinitiv. All rights reserved.
APOLLO FOOD HOLDINGS (APOLLO-KU)
Food & Beverages / Food & Tobacco / Food Processing DETAILED STOCK REPORT
Report Date: 2021-Aug-25
RELATIVE VALUATION
NEUTRAL OUTLOOK: Multiples relatively in-line Relative Valuation Score Averages
with the market. Food & Tobacco Group: 5.6 Small Market Cap: 5.7
Food & Beverages Sector: 5.4 FBM KLCI Index: 4.0
Relative Valuation Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive CAB 2 3 4 9 9
APOLLO 5 5 4 5 5
Neutral KAWAN 5 4 4 4 5
HBGLOB 7 NR NR 4 4
Negative
COCOLND 6 3 2 3 3
2018-08 2019-08 2020-08 2021-08
CAB
APOLLO
APOLLO
KAWAN
COCOLND KAWAN
CAB
KAWAN
COCOLND
HBGLOB COCOLND
HBGLOB APOLLO
CAB
HBGLOB
HIGHLIGHTS
- APOLLO's Price to Sales ratio of 1.7 represents a 6% Discount to its - APOLLO's Trailing P/E of 18.4 represents a 16% Discount to its 5-year
5-year average of 1.8. average of 22.0.
Page 6 of 11
© 2021 Refinitiv. All rights reserved.
APOLLO FOOD HOLDINGS (APOLLO-KU)
Food & Beverages / Food & Tobacco / Food Processing DETAILED STOCK REPORT
Report Date: 2021-Aug-25
Page 7 of 11
© 2021 Refinitiv. All rights reserved.
APOLLO FOOD HOLDINGS (APOLLO-KU)
Food & Beverages / Food & Tobacco / Food Processing DETAILED STOCK REPORT
Report Date: 2021-Aug-25
RISK
POSITIVE OUTLOOK: Consistent return Risk Score Averages
patterns (low volatility). Food & Tobacco Group: 6.5 Small Market Cap: 4.9
Food & Beverages Sector: 6.7 FBM KLCI Index: 9.0
Risk Score Trend (4-Week Moving Avg) Peers -6M -3M -1M -1W Current 1Y Trend
Positive COCOLND 9 9 10 10 10
APOLLO 7 10 9 9 9
Neutral CAB 7 8 8 9 9
KAWAN 10 7 9 9 9
Negative
HBGLOB 1 1 2 2 1
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)
CAB
APOLL… APOLL…
KAWAN
COCOL… COCOL… COCOL…
APOLL…
KAWAN KAWAN
COCOL…
CAB
CAB CAB HBGLO…
KAWAN
Daily Returns (Last 90 Days) Standard Deviation Beta vs. FBM KLCI 0.04 Correlation vs. FBM KLCI
Best 4.6% Last 90 Days 0.74 Positive Days Only 0.06 Last 90 Days -7%
Worst -1.1% Last 60 Months 5.47 Negative Days Only -0.09 Last 60 Months 10%
Monthly Returns (Last 60 Months) Intra-Day Swing (Last 90 Days) Beta vs. Group 0.10 Correlation vs. Group
Best 15.2% Average 0.7% Positive Days Only 0.28 Last 90 Days -2%
Worst -15.6% Largest 3.6% Negative Days Only 0.05 Last 60 Months 42%
Page 8 of 11
© 2021 Refinitiv. All rights reserved.
APOLLO FOOD HOLDINGS (APOLLO-KU)
Food & Beverages / Food & Tobacco / Food Processing 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 APOLLO 1 6 10 9 9
COCOLND 2 5 7 5 7
Neutral CAB 7 10 9 7 5
HBGLOB 10 9 9 8 3
Negative
KAWAN 2 5 3 3 2
2018-08 2019-08 2020-08 2021-08
APOLLO
COCOLND APOLLO
CAB COCOLND
HBGLOB CAB
HBGLOB
KAWAN
KAWAN
Relative Strength Indicator (Scale from 1 to 100) Average Monthly Return (Last 10 Years)
APOLLO Industry Avg Aug Sep Oct
Last 1 Month 69 49 Company Avg -0.9% 0.2% 2.7%
Last 3 Months 60 50 Industry Avg -1.4% -0.7% 1.6%
Last 6 Months 54 50 Industry Rank 24 of 49 41 of 50 33 of 50
PRICE PERFORMANCE
Daily close prices are used to calculate the APOLLO APOLLO FBM KLCI
performance of the stock as compared to a
FBM KLCI Close Price (2021-08-25) 4.04 1,553
relevant index over five time periods.
52-Week High 4.49 1,685
2.5%
1-Week 52-Week Low 3.68 1,461
2%
Page 9 of 11
© 2021 Refinitiv. All rights reserved.
APOLLO FOOD HOLDINGS (APOLLO-KU)
Food & Beverages / Food & Tobacco / Food Processing DETAILED STOCK REPORT
Report Date: 2021-Aug-25
Page 10 of 11
© 2021 Refinitiv. All rights reserved.
APOLLO FOOD HOLDINGS (APOLLO-KU)
Food & Beverages / Food & Tobacco / Food Processing 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.
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