ABLEGLOB: Able Global Berhad - Summary | Jitta

Able Global Berhad

MAL:ABLEGLOB

Price
RM1.51
Loss Chance
41.8%
6.20JITTA SCORE
50.19%Under Jitta Line
Jitta Ranking
129 / 999
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HISTORICAL JITTA SCORE
Jitta Factors
Growth Opportunity (69)
Recent Business Performance (52)
Financial Strength (88)
Return to Shareholders (56)
Competitive Advantage (45)
Jitta Signs
Revenue and EarningConsistent
Debt LevelLow Long Term Debt
Dividend PayoutEvery year
Interest Coverage RatioVery Good
SG&A to SalesDecreasing
Cash Conversion CycleMore than 120 days
Key Stats
Jitta Score
Jitta Line
6.20
50.19%
4.28
74.62%
4.23
104.95%
Packaged Foods and Meats
5.70
14.21%
6.06
63.60%
4.98
73.70%
COMPANY DESCRIPTION
Able Global Berhad, an investment holding company, manufactures and sells tin cans and dairy products in Africa, Asia, Central America, North America, South America, Mexico, Malaysia, and internationally. It operates Tin Cans Manufacturing, Food and Beverage (F&B), and Property Development segments. The Tin Cans Manufacturing segment is involved in the manufacture of various tins, cans, and other containers and the provision of tinplate printing services to customers of various industries, including biscuit, paint and chemical, edible oil, and food processing industries. The F&B segment manufactures and sells milk and other related dairy products comprising sweetened condensed milk, evaporated milk, UHT full cream, flavored milk, as well as milk powder, and packs and trades in various dairy products. The Property Development segment engages in property development activities that include industrial and commercial development. The company also engages in the wholesale of dairy and creamer products; and provision of management services. It also exports its products primarily to West Africa, the Southeast Asia Region, Europe, and the American Continent. The company was formerly known as Johore Tin Berhad and changed its name to Able Global Berhad in July 2021. Able Global Berhad was founded in 1973 and is based in Sekudai, Malaysia.