(10 years Historical Chart)
Company Background
The Supermax Group was founded by Dato' Seri Stanley Thai and his wife Datin Seri Cheryl Tan in 1987 as a trading business distributing latex gloves which were sourced from contract manufacturers. In 1989, they started their first manufacturing facility. Today, the Supermax Group is the world's second-largest rubber glove manufacturer. It produces more than 14 billions pieces of gloves per year, meeting approximately 11% of the world demand for latex examination gloves.
The Supermax Group has eight (8) manufacturing plants based in Malaysia. Supermax currently exports to over 145 countries worldwide in the regions of America, Europe, Middle East, Asia and the South Pacific.
As an own-brand manufacturer, Supermax has developed a range of brands, namely Supermax, Aurelia, Maxter, Medic-dent and Supergloves.
In the 1st quarter of 2010 ended March 31st, the Supermax Group recently reported a 161.2% rise in earnings, on the back of 14.2% rise in revenue from the corresponding quarter last year.
Fundamentals
ROE: 23.3%
Average EPS Growth Rate: 29.7%
D/E: 0.30
Average P/E: 10.9
Dividend Yield: 2%
Fair Value: RM 7.20
Current Price: RM 6.99
Recommendation: BUY
0 comments
Post a Comment