Risk factor
High price volatility
Profitability factor
Weak growth
About
Hartalega Holdings Berhad operates as an investment holding enterprise with a primary focus on the global manufacturing, distribution, and sale of latex and nitrile gloves. Its extensive market reach spans Malaysia, North America, Europe, various regions of Asia, Australia, South America, and the Middle East. Additionally, the company diversifies its operations through property leasing, pioneering research and development in automation systems, and the international export and trade of medical supplies. Its product offerings cater to a wide array of industries, including healthcare, dentistry, food processing, industrial use, veterinary care, and the spa and beauty salon sectors. The company was established in 1988 and maintains its headquarters in Kuala Lumpur, Malaysia.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is overpriced on P/E, of fair value on EV
Target Price
The average target price of 5168.KL is 1.30 and suggests 9.24% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommenda