1. Malaysia Stocks

  2. •

    Consumer Defensive

  3. •

    Agricultural Farm Products
Kuala Lumpur Kepong Berhad

Kuala Lumpur Kepong Berhad

2445.KL
Kuala Lumpur Kepong BerhadMY flagMalaysian Stock Exchange
20.14
MYR
+0.64
- -
22.43BMarket Cap
Kuala Lumpur Kepong Berhad
2445.KL
(Malaysian Stock Exchange)

Recent

price

20.14

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
7.03
9.48
9.45
8.59
10.45
12.82
15.5
19.72
17.26
14.59
14.53
18.47
25.18
21.93
20.45
22.61
23.02
Revenue per Share
0.95
1.48
1.14
0.86
0.93
0.82
1.5
0.94
0.57
0.58
0.72
2.09
2.01
0.77
0.54
0.74
1
Basic EPS, GAAP
0.51
0.6
0.9
0.38
-0.01
-0.25
0.54
0.83
0.31
0.49
0.43
0.18
1.3
0.36
- -
0.24
0.64
Free Cash Flow per Basic Share
0.48
0.6
0.85
0.65
0.5
0.55
0.45
0.5
0.5
0.45
0.21
0.55
1
1
0.27
0.29
0.2
Dividend per Share
1
1
1
1
1
1
1
8
8.06
8.08
8.3
9.64
10.66
10.39
10.52
10.76
10.9
Book Value per Share
5.64
6.54
6.61
6.99
7.16
8.92
9.99
10.78
10.64
9.96
10.56
12.68
14.37
14.41
13.04
13.27
13.31
Tangible Book Value per Share
1,065
1,065
1,065
1,065
1,065
1,065
1,065
1,065
1,065
1,065
1,073
1,078
1,078
1,078
1,089
1,107
1,114
Basic Weighted Avg Shares
7,491
10,092
10,067
9,147
11,130
13,650
16,506
21,004
18,384
15,534
15,596
19,916
27,149
23,648
22,274
25,020
25,635
Sales/Revenue/Turnover
18.74
20.71
14.43
13.85
12.57
9.1
11.3
7.73
6.35
6.32
9.09
14.53
12.46
7.67
7.96
8.44
9.21
Operating Margin (%)
232
250
262
287
336
388
449
474
531
564
616
634
931
966
1,048
1,046
1,035
Depreciation Expense
1,012
1,571
1,211
918
992
870
1,592
1,005
609
618
773
2,258
2,166
834
591
817
1,119
Net Income, GAAP
22.82
20.29
21.22
19.4
21.63
22.08
1.7
26.43
33.22
21.02
27.72
17.62
24.26
14.02
37.63
35.68
29.74
Effective Tax Rate (%)
13.51
15.57
12.03
10.03
8.91
6.37
9.65
4.79
3.31
3.98
4.95
11.34
7.98
3.53
2.65
3.27
4.37
Profit Margin (%)
2,125
2,270
3,235
2,518
2,262
3,070
3,157
3,606
3,254
5,264
5,487
3,523
5,357
4,349
2,316
2,900
3,153
Working Capital
1,107
526
1,783
1,558
1,816
2,681
2,968
3,067
3,062
5,170
5,250
5,746
7,367
7,158
6,788
6,791
6,829
LT Debt
6,325
7,466
7,508
7,953
8,183
10,128
11,288
12,132
12,046
11,287
11,804
14,207
16,052
16,144
15,007
15,487
15,228
Total Equity
13.7
18.78
11.63
10.05
10.22
7.46
11.96
7.35
4.73
4.54
5.66
11.43
10.44
6
4.18
5
5.94
Return on Invested Capital (%)
32.33
46.89
32.36
24.05
23.78
16.93
24.59
9.71
4.35
4.19
4.46
11.02
8.94
3.59
2.44
3.33
5.02
Return on Capital (%)
94.83
147.2
113.46
85.97
92.9
81.49
149.15
20.97
7.12
7.18
8.82
23.39
19.79
7.35
5.22
7
9.39
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
ST Debt
5,263
5,949
5,476
LT Borrowings
6,449
6,443
6,443
LT Finance Leases
342
341
386
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,114
1,114
1,114
Market Capitalization
22,797
22,220
23,944

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'26
Mar'26
Total Current Assets
10,633
11,868
11,424
Cash, Cash Equivalents & STI
2,492
2,469
2,162
Accounts Receivable, Net
2,441
4,200
4,358
Inventories
4,344
4,915
4,670
Total Current Liabilities
7,732
8,929
8,271
Payables & Accruals
- -
- -
- -
ST Debt
5,263
5,949
5,476
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.66%
6.01%
3.2%
Free Cash Flow
666.13%
1,388.95%
6,538.46%
Net Income, GAAP
16.91%
27.16%
38.3%
Sales/Revenue/Turnover
7.82%
11.53%
12.33%
Total Cash Common Dividend
- -
35.78%
9.96%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,636
5,455
5,503
5,679
22,274
2025
5,945
6,337
6,432
6,304
25,020
2026
6,348
6,550
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.21
0.11
0.22
0.01
0.54
2025
0.2
0.14
0.31
0.09
0.74
2026
0.34
0.26
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
0.2
0.27
2025
- -
- -
- -
0.2
0.29
2026
- -
- -
- -
- -
- -
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Business
Kuala Lumpur Kepong Berhad stands as a multifaceted Malaysian enterprise, primarily engaged across the plantation, manufacturing, and property development sectors. Established in 1906, the company operates through distinct divisions including Plantations, Manufacturing, Property Development, Investment Holding, and other ancillary ventures. The Plantation division remains foundational, overseeing the cultivation and processing of oil palm and natural rubber. This core segment is responsible for the extraction of crude palm oil and the production of rubber, with an extensive land bank spanning approximately 300,000 hectares across Malaysia, Indonesia, and Liberia. Its Manufacturing arm, operating under KLK OLEO, represents a significant vertically integrated resource-based operation. This division produces a wide array of oleochemicals, derivatives, and specialty chemicals. Products include fatty acids, glycerine, fatty alcohols, fatty esters, methyl ester sulphonates, various surfactants, phytonutrients, industrial amides, and specialized chemicals for paper, detergents, cosmetics, and basic organic applications derived from agricultural raw materials. Additionally, the manufacturing portfolio extends to rubber gloves, parquet flooring, pharmaceutical intermediates, fine chemicals, and bulk liquid storage and distribution. These offerings cater to diverse markets such as beauty and personal care, home care, life sciences, food and nutrition, lubricants, and polymers. Manufacturing facilities are strategically located in Malaysia, Indonesia, China, and across Europe, including Germany, the Netherlands, Belgium, Italy, and Switzerland. Through KLK Land, the Property Development division concentrates on creating residential and commercial properties, including integrated townships like Bandar Seri Coalfields and Caledonia in Malaysia. The company also maintains an Investment Holding segment involved in financial placements and corporate investments, while its 'Others' category encompasses farming and management services, agronomic research, biogas power plant operations, holiday bungalow management, and specific logistics for palm products. Recent strategic developments include a joint venture with AAK in October 2025 to establish a specialty oils and fats refinery in Pasir Gudang. In September 2024, KLK forged a partnership with AME Elite Consortium for industrial property development in Selangor and formalized a joint venture with Alami Commodities for palm oil and specialty fats manufacturing, sales, and marketing, with a new refinery and packaging plant slated for commissioning in 2025. December 2023 saw the acquisition of controlling stakes in two Indonesian palm oil companies, enhancing the plantation land bank and securing feedstock for future refining capabilities in East Kalimantan. Earlier in April 2023, KLK OLEO expanded its European presence by acquiring a controlling interest in Temix Oleo SpA, a producer of esters for industrial applications. Headquartered in Ipoh, Perak, Malaysia, Kuala Lumpur Kepong Berhad emphasizes sustainable practices and a vertically integrated business model to mitigate market volatility and foster long-term value across its global operations.