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How to buy Top Glove Corporation Bhd stock | $8.73
Own Top Glove Corporation Bhd stock in just a few minutes.
Top Glove Corporation Bhd is a medical instruments & supplies business based in the US. Top Glove Corporation Bhd shares (TGLVY) are listed on the PINK and all prices are listed in US Dollars. Top Glove Corporation Bhd employs 21,000 staff and has a market cap (total outstanding shares value) of USD$18.9 billion.
How to buy shares in Top Glove Corporation Bhd
- Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
- Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
- Search for Top Glove Corporation Bhd. Find the stock by name or ticker symbol: TGLVY. Research its history to confirm it's a solid investment against your financial goals.
- Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Top Glove Corporation Bhd reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
- Decide on how many to buy. At last close price of USD$8.73, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Top Glove Corporation Bhd, depending on your broker.
- Check in on your investment. Congratulations, you own a part of Top Glove Corporation Bhd. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.
What's in this guide?
- TGLVY shares summary
- Compare share dealing platforms
- Is TGLVY stock a buy or sell?
- Stock performance over time
- Are TGLVY shares over-valued?
- Top Glove Corporation Bhd's financials
- How volatile are TGLVY shares?
- Does Top Glove Corporation Bhd pay a dividend?
- Have TGLVY shares ever split?
- Other common questions
Top Glove Corporation Bhd share price
Use our graph to track the performance of TGLVY stocks over time.Top Glove Corporation Bhd shares at a glance
Information last updated 2020-10-20.
| Latest market close | USD$8.73 |
|---|---|
| 52-week range | USD$4.08 - USD$29.95 |
| 50-day moving average | USD$12.7924 |
| 200-day moving average | USD$14.912 |
| Wall St. target price | N/A |
| PE ratio | 108.1614 |
| Dividend yield | USD$0.06 (0.7%) |
| Earnings per share (TTM) | USD$0.172 |
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Top Glove Corporation Bhd price performance over time
Historical closes compared with the close of $8.73 from 2020-10-16
| 1 week (2021-01-05) | 54.23% |
|---|---|
| 1 month (2020-12-12) | N/A |
| 3 months (2020-10-16) | 8.73 |
| 6 months (2020-07-16) | -52.50% |
| 1 year (2020-01-12) | N/A |
|---|---|
| 2 years (2019-01-12) | N/A |
| 3 years (2018-01-12) | 0.34% |
| 5 years (2016-01-12) | N/A |
Is Top Glove Corporation Bhd under- or over-valued?
Valuing Top Glove Corporation Bhd stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Top Glove Corporation Bhd's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Top Glove Corporation Bhd's P/E ratio
Top Glove Corporation Bhd's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 108x. In other words, Top Glove Corporation Bhd shares trade at around 108x recent earnings.
Top Glove Corporation Bhd financials
| Gross profit TTM | USD$2.3 billion |
|---|---|
| Return on assets TTM | 20.51% |
| Return on equity TTM | 42.96% |
| Profit margin | 26.15% |
| Book value | $0.964 |
| Market capitalisation | USD$18.9 billion |
TTM: trailing 12 months
Top Glove Corporation Bhd share dividends
Dividend payout ratio: 55.43% of net profits
Recently Top Glove Corporation Bhd has paid out, on average, around 55.43% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0.7% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Top Glove Corporation Bhd shareholders could enjoy a 0.7% return on their shares, in the form of dividend payments. In Top Glove Corporation Bhd's case, that would currently equate to about $0.06 per share.
Top Glove Corporation Bhd's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Top Glove Corporation Bhd's most recent dividend payout was on 20 July 2020. The latest dividend was paid out to all shareholders who bought their shares by 24 June 2020 (the "ex-dividend date").
Have Top Glove Corporation Bhd's shares ever split?
Top Glove Corporation Bhd's shares were split on a 3:1 basis on 16 September 2020. So if you had owned 1 share the day before before the split, the next day you'd have owned 3 shares. This wouldn't directly have changed the overall worth of your Top Glove Corporation Bhd shares – just the quantity. However, indirectly, the new 66.7% lower share price could have impacted the market appetite for Top Glove Corporation Bhd shares which in turn could have impacted Top Glove Corporation Bhd's share price.
Top Glove Corporation Bhd share price volatility
Over the last 12 months, Top Glove Corporation Bhd's shares have ranged in value from as little as $4.08 up to $29.95. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (PINK average) beta is 1, while Top Glove Corporation Bhd's is 0.0381. This would suggest that Top Glove Corporation Bhd's shares are less volatile than average (for this exchange).
Top Glove Corporation Bhd overview
Top Glove Corporation Bhd., an investment holding company, researches, develops, manufactures, and trades in gloves in Malaysia. The company offers latex, nitrile, thermoplastic elastomer, vinyl, and polychloroprene and polyisoprene surgical gloves. It also produces and sells concentrate latex, formers, chemicals, chemical compounds, rubber dental dams, exercise bands, condoms, and rubber related products. In addition, the company is involved in the property investment; plantation of rubber tree; manufacturing and trading of healthcare products and services; operation of fitness center; and generation and supply of energy and electricity using biomass technology. Further, it provides management; printer and stationery; and clinical and medical services. The company also exports its products to 195 countries. Top Glove Corporation Bhd. was founded in 1991 and is based in Shah Alam, Malaysia.
Frequently asked questions
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