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Top Glove Corporation Bhd is a medical instruments & supplies business based in the US. Top Glove Corporation Bhd shares (TGLVY.US) 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 $11 billion.
|Latest market close||$N/A|
|52-week range||$1.6028 - $9.6437|
|50-day moving average||$6.3277|
|200-day moving average||$10.4624|
|Dividend yield||$0.021 (0.36%)|
|Earnings per share (TTM)||$0.172|
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 32x. In other words, Top Glove Corporation Bhd shares trade at around 32x recent earnings.
|Gross profit TTM||USD$2.9 billion|
|Return on assets TTM||39.6%|
|Return on equity TTM||86.34%|
|Market capitalisation||USD$11 billion|
TTM: trailing 12 months
Dividend payout ratio: 67.8% of net profits
Recently Top Glove Corporation Bhd has paid out, on average, around 67.8% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.6% 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 4.6% return on their shares, in the form of dividend payments. In Top Glove Corporation Bhd's case, that would currently equate to about $0.021 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 21 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 24 December 2020 (the "ex-dividend date").
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.
Over the last 12 months, Top Glove Corporation Bhd's shares have ranged in value from as little as $1.6028 up to $9.6437. 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 -0.2715. This would suggest that Top Glove Corporation Bhd's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Top Glove Corporation Bhd has bucked the trend.
Top Glove Corporation Bhd., an investment holding company, researches, develops, manufactures, and trades in gloves and rubber goods in Malaysia. The company offers medical examination, surgical, vinyl, and nitrile gloves; concentrate latex, formers, chemicals and chemical compounds, rubber dental dams, exercise bands, condoms, and rubber related products; packaging materials, boxes, and cartons; and disposable and medical face masks, engineering parts and rubber glove machinery, functional fillers, healthcare products, and homecare and personal care products. It also provides property investment, consultancy services, and electrical engineering works; clinical and specialist medical services; advisory and management services; management services in plantation sector, and processing of plantation produce; general trading; and industrial forest plantation, as well as forestry and industry services. In addition, the company trades in gloves and healthcare related products; distributes medical gloves, medical devices, and other hospital related products; operates as a special purpose vehicle solely for issuance of Perpetual Sukuk; organizes in-house trainings and public trainings/programs; and establishes and maintains fitness related business, including healthcare, slimming centers, gymnasiums, and other related activities. Further, it generates and supplies energy and electricity using biomass technology; and offers E-commerce activities for glove trading and other healthcare products. The company also exports its products to 195 countries worldwide. Top Glove Corporation Bhd. was founded in 1991 and is headquartered in Shah Alam, Malaysia.
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