Added to YB: 2025-04-07
Pitch date: 2025-04-03
HARTA.KL [bullish]
Hartalega Holdings Berhad
-50.25%
current return
Author Info
Asian Century Stocks is a former buy-side investor in Asia that now focuses on researching value stocks in Asia and sharing them in his newsletter. Sign up for the newsletter.
Company Info
Hartalega Holdings Berhad, an investment holding company, engages in the manufacture, retail, and wholesale of latex and nitrile gloves in Malaysia, North America, Europe, rest of Asia, Australia, South America, and the Middle East.
Market Cap
MYR 6.6B
Pitch Price
MYR 2.00
Price Target
N/A
Dividend
0.58%
EV/EBITDA
31.25
P/E
88.36
EV/Sales
2.32
Sector
Health Care Equipment and Supplies
Category
special_situation
Portfolio Review March 2025: Key Holdings - Hartalega Holdings Berhad
HARTA.KL: Malaysian glove maker down 50%. US tariffs hit Chinese competitors. US exposure protects Hartalega. RHB sees potential inventory restocking H2 2025, cost cuts & lower raw material prices. P/B 1.5x, historical ROE ~20%. US tariffs on Chinese gloves (50% 2025, 100% 2026) positive. Key risk: US tariff negotiations.
Read full article (1 min)