Vip Gloves Share Price and Company Fundamentals



Price
$0.048
Change
-0.002 (-4.000%)
52 week
0.031 - 0.22

Last traded: Today at 5:27 AM

VIP Gloves Limited, through its subsidiaries, researches, develops, manufactures, and sells nitrile disposable gloves in Malaysia and internationally. Its nitrile disposable gloves are used in medical and healthcare, food and beverages, electronics, and manufacturing industries. The company was formerly known as Voltage IP Limited and changed its name to VIP Gloves Limited in November 2018. VIP Gloves Limited was incorporated in 1992 and is based in Beranang, Malaysia.

Key Metrics

PE ratio

9.60

PB ratio

2.40

Dividend yield

4.00%

Beta

0.68

Market cap

$37.72M

Enterprise value

$37.09M

Company profile

Primary activitiesProduction of single use nitrate gloves for medical industry
Industry / SectorSpecialty Chemicals / Basic Materials
Websitehttp://www.vipglove.com.my
Mailing addressNo. 17 Jalan Perusahaan 1 Kawasan Perusahaan Beranang 43700 Malaysia
Phone / Fax60 3 8766 8191 / 60 3 8766 7191
Share registryBOARDROOM PTY LIMITED

Dividends

More: Vip Gloves Dividend history, yield and payout ratio

Dividend yield

4.00%

Dividend amount

$0.00

Payout ratio

0.00%

Vip Gloves paid $0.00 dividend and the ex-dividend date was 25 Feb 2021.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.VIP dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

VIP's forward dividend amount is $ and the forward dividend yield is 7.20%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of May 2021, following are the company executives and directors listed on Vip Gloves.

NameTitleAgeTotal Pay
Wilson OwChief Financial Officer10.27k
Mr. Chin Kar YangExec. Director45179.15k
Mr. Andrew William Metcalfe B.Bus., CPA, DipAppCorpGov, FCIS, FGIA, MAICDCompany Sec.5545.6k
Ling Chong EiExec. Director of KLE Products Sdn Bhd28.69k
Terence HiewExec. Officer35.63k
Eng Khoo ChinMarketing Mang.

Profitability and management effectiveness

Profit margin

11.44%

Operating margin

18.63%

Return on assets

16.51%

Return on equity

31.76%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Vip Gloves is 37.72M and its enterprise value is 37.09M. The enterprise value to revenue ratio of VIP is 1.26.

The VIP's stocks Beta value is 0.68 making it 32% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Vip Gloves (VIP)

Vip Gloves (ASX:VIP) Frequently Asked Questions

1. What is Vip Gloves's Stock Symbol?

Vip Gloves trades on ASX under the ticker symbol "VIP".

2. What is Vip Gloves's stock price today?

One share of VIP stock can currently be purchased for approximately $0.048.

3. How can I contact Vip Gloves?

Vip Gloves's mailing address is No. 17 Jalan Perusahaan 1 Kawasan Perusahaan Beranang 43700 Malaysia. The company can be reached via phone at 60 3 8766 8191.

4. What is Vip Gloves's official website?

The official website of Vip Gloves is http://www.vipglove.com.my.

5. Which share registry manages Vip Gloves's stock?

Vip Gloves's stock is managed by BOARDROOM PTY LIMITED.