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1 Comment
Paramount Corporation Berhad is currently in a long term downtrend where the price is trading 4.3% below its 200 day moving average.
From a valuation standpoint, the stock is 86.0% cheaper than other stocks from the Other sector with a price to sales ratio of 0.9.
Paramount Corporation Berhad's total revenue sank by 70.4% to $64M since the same quarter in the previous year.
Its net income has dropped by 23.1% to $26M since the same quarter in the previous year.
Finally, its free cash flow fell by 42000.4% to $-109M since the same quarter in the previous year.
Based on the above factors, Paramount Corporation Berhad gets an overall score of 1/5.
| Sector | Real Estate |
|---|---|
| Industry | Real Estate - Development |
| Exchange | KLSE |
| CurrencyCode | MYR |
| ISIN | MYL1724OO003 |
| Market Cap | 629M |
|---|---|
| PE Ratio | 6.31 |
| Target Price | 1.56 |
| Beta | 0.11 |
| Dividend Yield | 11.% |
Paramount Corporation Berhad, an investment holding company, engages in the property development business in Malaysia. It operates in three segments: Property; Coworking; and Investment and Others. The Property segment develops and constructs residential and commercial properties; and invests in retail and car park properties. Its Coworking segment provides co-working spaces and incubator-related services under the Co-labs Coworking and Scalable brands. The Investment and Others segment invests in campus buildings. It also operates club houses, Dewakan fine-dining restaurant, Mercure Kuala Lumpur Glenmarie hotel, and car parks; and is involved in building and engineering contracting. In addition, the company offers hospitality-related, management, and treasury management services. The company was formerly known as Malaysia Rice Industries Berhad and changed its name to Paramount Corporation Berhad in 1980. Paramount Corporation Berhad was incorporated in 1969 and is based in Petaling Jaya, Malaysia.
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