Frontken Corp. Bhd.

Frontken Corp. Bhd.

MMYX:FRONTKN
5.07
MYR
-0.12
(-2.31%)
62.22P/E
Nov 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.13
0.2
0.18
0.17
0.19
0.21
0.22
0.23
0.29
0.33
0.32
0.36
0.38
0.32
Basic EPS, GAAP
- -
0.01
- -
0.01
0.02
0.03
0.04
0.05
0.07
0.08
0.07
0.09
0.1
0.08
Free Cash Flow per Basic Share
0.02
0.02
0.02
0.01
0.03
0.04
0.07
0.07
0.04
0.06
0.08
0.09
0.1
0.08
Dividend per Share
- -
- -
- -
- -
- -
- -
0.01
0.02
0.03
0.04
0.03
0.04
0.04
0.02
Book Value per Share
0.12
0.14
0.15
0.17
0.18
0.21
0.24
0.28
0.32
0.35
0.41
0.46
0.63
0.97
Tangible Book Value per Share
0.11
0.11
0.13
0.14
0.16
0.19
0.22
0.26
0.3
0.33
0.39
0.43
0.61
0.95
Basic Weighted Avg Shares
1,514
1,513
1,561
1,572
1,572
1,572
1,572
1,572
1,571
1,572
1,573
1,577
1,598
1,680
Sales/Revenue/Turnover
191
310
281
262
297
327
340
368
450
517
500
569
608
534
Operating Margin (%)
4.55
9.47
6.23
13.21
15.89
23.54
28.54
31.26
33.39
34.1
33.51
35
36.93
37.12
Depreciation Expense
19
18
18
17
18
17
18
18
18
18
20
21
21
16
Net Income, GAAP
-2
19
4
20
30
52
69
82
105
123
112
137
154
134
Effective Tax Rate (%)
92.14
17.6
40.57
18.17
21.1
24.62
22.89
22.7
23.78
22.67
25.57
23.86
24.68
25.44
Profit Margin (%)
-1.22
6.06
1.43
7.65
10.07
15.97
20.35
22.25
23.21
23.84
22.38
24.03
25.38
25.1
Working Capital
72
95
131
130
133
179
232
304
299
320
411
507
811
1,523
LT Debt
26
25
26
21
12
9
12
10
19
30
30
26
26
29
Total Equity
214
240
271
295
306
345
399
467
535
588
688
773
1,090
1,817
Return on Invested Capital (%)
0.26
9.15
3.49
8.8
11.05
16.28
18.84
19.3
21.37
21.99
17.76
19.35
17.1
10.66
Return on Capital (%)
-1.88
5.83
-0.2
4.3
7.24
13.73
16.74
17.03
18.39
18.72
14.74
16.17
14.63
8.92
Return on Common Equity (%)
-1.25
9.55
1.81
8.05
10.99
17.23
19.71
20.07
22.21
23.5
18.82
20.09
17.56
10.55

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
3
3
3
LT Borrowings
- -
- -
- -
LT Finance Leases
26
26
29
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,654
1,654
1,813
Market Capitalization
6,913
6,185
8,992

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
995
1,053
1,760
Cash, Cash Equivalents & STI
841
861
1,522
Accounts Receivable, Net
120
158
199
Inventories
22
22
24
Total Current Liabilities
184
213
237
Payables & Accruals
- -
- -
- -
ST Debt
3
3
3
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.28%
18.97%
41.02%
Free Cash Flow
32.59%
15.41%
12.94%
Net Income, GAAP
64.62%
14.24%
12.73%
Sales/Revenue/Turnover
8.36%
10.88%
6.77%
Total Cash Common Dividend
- -
25.21%
3.37%

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
141
135
144
149
569
2025
133
156
- -
157
608
2026
190
187
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.02
0.02
0.02
0.02
0.09
2025
0.02
0.02
- -
0.03
0.1
2026
0.03
0.03
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.02
- -
0.04
2025
- -
- -
- -
0.02
0.04
2026
- -
- -
- -
- -
- -

Company Description

CEO
Wai Pin Ng
Full Time Employees
1,430
Sector
Electronic technology
Industry
Semiconductors
Address
Uptown 5 Petaling Jaya SE Malaysia 47400
IPO Date
Jul 11, 2006
Business
Frontken Corporation Berhad (0128.KL) is a Malaysia-based investment holding company that provides precision cleaning, surface treatment, and mechanical engineering solutions to high-tech industries including semiconductors, oil and gas, power generation, marine, petrochemicals, and optoelectronics; its core services encompass advanced precision cleaning for semiconductor process chamber parts and thin-film transistor liquid crystal displays, thermal spray coating, cold build-up coating, plating and conversion coating, specialized welding, abrasive blasting, machining, grinding, refurbishment, maintenance, and servicing of high-speed rotating equipment such as compressors, gas turbines, and steam turbines, as well as Aqua-Chem freshwater generators featuring offshore MVC distillation, vacuum VC distillers, seawater plate distillers, and reverse osmosis systems. Founded in 1996 and headquartered in Petaling Jaya, Selangor, the company operates primarily in Asia Pacific markets spanning Singapore, Malaysia, Taiwan, Indonesia, Thailand, the Philippines, and beyond, with over 1,100 employees supporting OEMs and end-users through facilities equipped for R&D, surface analytics, and on-site project services. In recent developments, Frontken pursues US market entry through discussions for multiple acquisitions including a US$40-50 million dry-cleaning technology firm to complement its wet-cleaning capabilities and a larger private equity-owned entity exceeding RM1 billion, alongside planned expansions such as new facilities in Singapore for completion by mid-2026, minor renovations and optimizations in Taiwan plants targeted for first-half 2026 to meet AI-driven semiconductor demand, land acquisition near existing plants for capacity growth, and potential onshoring partnerships with OEMs.