PPB Group Bhd.

PPB Group Bhd.

MMYX:PPB
8.74
MYR
+0.14
(+1.63%)
17.67P/E
Dec 01Next 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
2.33
2.6
2.85
2.94
3.01
3.18
3.29
2.95
3.27
4.32
4.02
3.79
3.82
3.74
Basic EPS, GAAP
0.69
0.64
0.74
0.73
0.83
0.76
0.81
0.93
1.05
1.54
0.98
0.86
-1.92
-1.98
Free Cash Flow per Basic Share
0.01
0.03
0.12
0.16
-0.08
0.26
0.21
-0.09
-0.48
0.01
0.4
0.03
0.44
0.14
Dividend per Share
0.18
0.2
0.2
0.21
0.23
0.28
0.3
0.33
0.49
0.4
0.44
0.43
0.44
0.14
Book Value per Share
11
11.82
14
14.54
14.54
14.79
15.07
16.04
17.17
18.16
19.08
18.68
15.55
15.8
Tangible Book Value per Share
10.95
11.77
13.95
14.48
14.47
14.73
15.01
15.98
17.12
18.1
19.01
18.62
15.49
15.74
Basic Weighted Avg Shares
1,423
1,423
1,423
1,423
1,423
1,423
1,423
1,423
1,423
1,423
1,423
1,423
1,423
1,422
Sales/Revenue/Turnover
3,313
3,701
4,048
4,186
4,284
4,528
4,684
4,191
4,653
6,151
5,721
5,386
5,432
5,325
Operating Margin (%)
11.04
9.84
11.02
10.46
6.64
6.28
5.95
2.88
-0.78
2.83
5.98
5.91
7.91
7.09
Depreciation Expense
109
112
131
146
182
182
173
187
169
195
199
193
185
- -
Net Income, GAAP
983
917
1,051
1,045
1,184
1,075
1,153
1,317
1,496
2,197
1,394
1,219
-2,732
-2,816
Effective Tax Rate (%)
6.82
8.68
8.89
8.61
4.26
5.54
5.69
4.05
- -
1.33
4.56
6.8
- -
13.52
Profit Margin (%)
29.66
24.77
25.97
24.96
27.63
23.74
24.61
31.43
32.15
35.71
24.37
22.64
-50.3
-52.89
Working Capital
1,510
1,590
1,773
1,907
1,917
1,965
2,066
2,061
2,015
2,120
2,414
2,616
2,783
2,807
LT Debt
90
62
111
316
276
222
232
265
403
409
511
425
332
315
Total Equity
16,192
17,381
20,553
21,380
21,356
21,737
22,131
23,546
25,180
26,569
27,811
27,215
22,751
23,111
Return on Invested Capital (%)
2.15
1.92
2.07
1.84
1.22
1.2
1.16
0.49
- -
0.63
1.15
1.05
- -
- -
Return on Capital (%)
6.22
5.29
5.37
4.63
5.32
4.81
5.03
5.52
- -
8.16
5.02
4.35
- -
-21.84
Return on Common Equity (%)
6.57
5.65
5.72
5.15
5.72
5.15
5.43
5.95
6.33
8.74
5.26
4.54
-11.22
-11.62

Capital Structure

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
245
197
320
LT Borrowings
- -
- -
- -
LT Finance Leases
332
320
315
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,423
1,423
1,421
Market Capitalization
15,734
17,071
13,203

Working Capital

MYR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
3,627
3,604
3,740
Cash, Cash Equivalents & STI
2,038
2,008
1,993
Accounts Receivable, Net
632
564
567
Inventories
794
830
997
Total Current Liabilities
844
815
934
Payables & Accruals
- -
- -
- -
ST Debt
245
197
320
Deferred Revenue
- -
- -
- -

Growth Rates

MYR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.25%
-0.28%
-16.4%
Free Cash Flow
784.88%
1,712.64%
1,358.47%
Net Income, GAAP
-28.78%
-62.54%
-324.08%
Sales/Revenue/Turnover
3.56%
6.25%
0.85%
Total Cash Common Dividend
9.38%
8.21%
2.34%

Quarterly Revenue

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,288
1,319
1,349
1,431
5,386
2025
1,351
1,360
1,378
1,342
5,432
2026
1,285
1,318
- -
- -
- -

Quarterly Earnings Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.24
0.22
0.15
0.26
0.86
2025
0.26
0.2
-0.14
-2.24
-1.92
2026
0.16
0.24
- -
- -
- -

Quarterly Dividends Per Share

MYR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.12
0.01
0.43
2025
- -
- -
0.12
0.02
0.44
2026
- -
- -
- -
- -
- -

Company Description

CEO
Meng Xiong Kuok
Full Time Employees
6,455
Sector
Process industries
Industry
Agricultural commodities/Milling
Address
UBN Tower Kuala Lumpur WP Malaysia 50250
IPO Date
May 1, 1972
Business
PPB Group Berhad, incorporated in 1968 and headquartered in Kuala Lumpur, Malaysia, operates as an investment holding and property investment company listed on the Main Market of Bursa Malaysia Securities Berhad with diversified operations across grains and agribusiness, consumer products, film exhibition and distribution, environmental engineering and utilities, property investment and development, and other activities including its significant stake in Wilmar International; the grains and agribusiness segment through subsidiary FFM Berhad, Malaysia's largest flour miller with 2,550 metric tonnes per day capacity, also encompasses animal feed manufacturing, wheat and maize trading, day-old chicks and egg production, and oil palm plantations; the consumer products segment engages in food processing, bakery products, marketing and distribution of edible oils, frozen foods, toiletries and household items; film exhibition and distribution is handled by Golden Screen Cinemas, Malaysia's largest cinema chain operating 37 locations nationwide with cineplex and boutique concepts alongside content distribution to cinemas, television and hotels; environmental engineering via Chemquest provides water treatment, waste management, chemicals manufacturing and construction in water and environmental sectors; property operations include investment in Cheras Leisure Mall, Cheras Plaza and New World Park, plus residential and mixed-use developments through PPB Hartabina including the Puteri Harbour joint venture in Iskandar Malaysia; the group primarily serves domestic Malaysian markets with international exposure via FFM's mills in Vietnam, Thailand and China and Wilmar's global agribusiness; in June 2024, PPB acquired a 15% stake in Techbond Group Berhad for RM37.67 million, becoming its substantial shareholder in the industrial adhesives and sealants manufacturer; analysts project rising earnings from 2025 driven by stronger contributions from core businesses and Wilmar stake as of November 2024, with total assets and market capitalization at RM28.8 billion and RM17.6 billion respectively as at 31 December 2024.