Magni-Tech Industries Berhad, an investment holding company, engages in the manufacture and sale of garments and packaging materials in Malaysia and Vietnam. The company manufactures and distributes corrugated cartons and flexible plastic packaging products, as well as management services. It serves food, beverages, healthcare, rubber based, consumer household, and electronic sub-sectors. Magni-Tech Industries Berhad was incorporated in 1997 and is based in Penang, Malaysia.
Research context
Magni-Tech Industries Berhad appears in PyInvesting’s Kuala Lumpur Stock catalogue. The price history above describes this recorded instrument; it does not by itself identify a company’s business or establish a continuous investment return.
- Currency
- MYR
- Sector
- Consumer Cyclical
- Industry
- Apparel Manufacturing
These are the latest stored catalogue classifications, not a historical classification snapshot. An issuer description, classification effective date or currency may be unavailable. Check the issuer’s own disclosures and the observation dates before using these fields for research.
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5 years, 6 months ago
Magni-Tech Industries Bhd is currently in a long term downtrend where the price is trading 1.0% 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.
Magni-Tech Industries Bhd's total revenue rose by 17.3% to $368M since the same quarter in the previous year.
Its net income has increased by 49.9% to $49M since the same quarter in the previous year.
Finally, its free cash flow fell by 122.4% to $-8M since the same quarter in the previous year.
Based on the above factors, Magni-Tech Industries Bhd gets an overall score of 3/5.