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NATGATE NATIONGATE HOLDINGS BERHAD

Bottom 7% of scored stocks
Compare with nearby peers
WeakBottom 7% of scored stocks
AIShariahWeak Spot

NATGATE scores 24/100 on fundamentals: in the bottom 7% of 1120 scored Bursa Malaysia stocks. Its strongest area is Risk (50/100); its weakest is Price Fairness (0/100). It carries 1 warning flag: Weak Spot.

Best
Risk 50
Weakest
Price 0
  • Carries a Weak Spot flag
Mkt capRM 4.6b#79 of 1113 in BursaEPSRM 0.01P/E151.1×✗ vs sector avg 53.4×P/B4.5×✗ vs sector avg 1.5×Div yield1%✓ Top 46% in Bursa52w range · 85% of range0.572.27
as of 18 Oct 2026

Nearby peers

Ranks #298 of 317 in Industrial Products & Services by score

One-Minute Summary

Why NATGATE scores 24

A financially stretched, expensively priced stock, but price fairness needs attention.

After Jun '26 results: 33 → 33See all movers →

Business Strength

20
Why 20?
Pillar score: (0 + 2 + 0 + 0 + 0) = 2 of 10 points → 20
Return on Equity (ROE)3%Weak4-Year Revenue Growth+107%/yrStrong4-Year Profit Growth-21%/yrWeakNet Profit Margin1%WeakQuarterly Momentum-42%Weak
Show 3 charts

Net Profit & Equity, with ROE

Net Profit ↓ -50%Equity ↑ +138.5%ROE % 3.1%
Net ProfitEquityROE %
61m160m125m30m415m948m1.0b989m202320242025TTM14.7%16.9%12.4%3.1%

Revenue & Net Profit, with Net Margin

Revenue ↑ +786.4%Net Profit ↓ -50%Net Margin % 0.5%
RevenueNet ProfitNet Margin %
638m5.3b7.6b5.7b61m160m125m30m202320242025TTM9.5%3%1.6%0.5%

Sales grew about 786.4% over 4 years: customers keep spending more with this company.

Profit fell about 50% from where it was 4 years ago: the boom has cooled off.

Recent Quarters: Revenue & Net Profit (the last 8 quarters, scored)

Revenue ↑ +30.8%Net Profit ↓ -76.6%Net Margin % 0.6%
RevenueNet ProfitNet Margin %
1.4b3.0b2.8b2.6b965m1.2b1.7b1.8b47m64m54m52m13m6m1m11mSep '24Dec '24Mar '25Jun '25Sep '25Dec '25Mar '26Jun '263.4%2.1%1.9%2%1.3%0.5%0%0.6%
▲▲▲▲▼▼▼▼

Sales grew about 30.8% over the last 8 quarters: customers keep spending more with this company.

Profit fell about 76.6% over the last 8 quarters.

Why 33?
Pillar score: (1 + 1 + 0) = 2 of 6 points → 33
Debt-to-Equity0.9×OkayCurrent Ratio1.3×OkayInterest Coverage1.9×Weak
Show 2 charts

Debt vs Equity, with D/E ratio

Total Debt ↑ +634.6%Equity ↑ +138.5%D/E 0.9×
Total DebtEquityD/E
126m1.0b758m923m415m948m1.0b989m202320242025TTM0.3×1.1×0.7×0.9×

Borrowings grew about 634.6% over 4 years: watch this; rising debt adds pressure in bad times.

Short-term assets vs bills, with Current Ratio

Current Assets ↑ +470.7%Current Liabilities ↑ +639.3%Current Ratio 1.3×
Current AssetsCurrent LiabilitiesCurrent Ratio
466m3.4b2.4b2.7b276m2.7b1.8b2.0b202320242025TTM1.7×1.2×1.4×1.3×
Why 13?
Pillar score: (0 + 0 + 0 + 1) = 1 of 8 points → 13
Dividend Quality1%Weak
Payout ratio: 167%
Operating Cash FlowNegative recentlyWeakFree Cash FlowNegative recentlyWeakCash & Cash EquivalentsPartly healthyOkay
Show 3 charts

Operating vs Free Cash Flow

Operating CF ↓ -133%Free CF ↓ -279.7%
Operating CFFree CF
148m736m-1.0b-49m98m598m-1.2b-176m202320242025TTM

Cash flow has been weak or negative recently: the business is burning cash, not building it.

Cash vs Total Debt

Cash ↑ +474.4%Short-Term Debt ↑ +843.3%Total Debt ↑ +634.6%
CashShort-Term DebtTotal Debt
56m1.9b418m321m80m952m630m755m126m1.0b758m923m202320242025TTM

Dividends per Share, with Yield

DPS (sen) → +0%Yield % 1.1%
DPS (sen)Yield %
01.81220222023202420251.4%0.6%1.1%

Dividends were cut during this period: payouts here are not guaranteed pocket money.

Why 0?
Pillar score: (0 + 0 + 0) = 0 of 6 points → 0
P/E Ratio151.1×WeakP/B Ratio4.5×WeakPEG Ration/m (growth not measurable)Weak
Show chart

Score vs Share Price

Score (0-100)Share price
RM 2.11RM 1.35RM 0.58100500Oct '25Feb '26Jun '26Oct '26📊💰📊💰💰💰📊💰

The share price is up about 85.2% over the past year.

What happened, and how the price moved

After the last 3 results shown, the price beat the KLCI in the week of the news 0 times.

  • 8 Sep 2026Ex-dividend 0.25 sen a share0.1% yield at that priceWeek▼4.4%KLCI −1.3%Month▲3.6%KLCI −4.5%
  • 21 Aug 2026NationGate's 2Q profit falls sharply as data computing orders normalise · The Edge Malaysia +4 moreWeek▼6.6%KLCI +0.5%Month▲12.1%KLCI −2.4%
  • 15 Jun 2026Ex-dividend 0.25 sen a share0.3% yield at that priceWeek▼2.2%KLCI +1.7%Month▲16.3%KLCI +0.5%
  • 2 Apr 2026Ex-dividend 1.0 sen a share1.6% yield at that priceWeek▲6.2%KLCI −1.0%Month▲20.7%KLCI +0.4%
  • 12 Mar 2026Ex-dividend 0.25 sen a share0.4% yield at that priceWeek▼5.8%KLCI −1.1%Month▲10.8%KLCI −1.3%
  • 25 Feb 2026NationGate 4Q profit tumbles as data computing revenue cools · The Edge Malaysia +2 moreScore 60 → 59Week▼15.2%KLCI −2.1%Month▼35.0%KLCI −1.8%
Why 50?
Pillar score: (1 + 0 + 1 + 2 + 2 + 0) = 6 of 12 points → 50
Earnings ConsistencyUnevenOkayDebt Trend (4yr)RisingWeakShare Count Trend (4yr)+3%/yrOkayInventory vs Sales (4yr)-63.2 pp/yr vs salesStrongAsset Turnover Trend (4yr)+100%StrongQuarterly Consistency4 of 4 quarters downWeak
Show chart

Revenue vs Inventory, with Inventory % of Revenue

Revenue ↑ +786.4%Inventory ↑ +197.2%Inv. % of Rev. 12.1%
RevenueInventoryInv. % of Rev.
638m5.3b7.6b5.7b230m900m1.1b684m202320242025TTM36.1%17.1%15%12.1%

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Ranks #298 of 317 in Industrial Products & Services by score

Full Financial History

Every reported figure behind the score, year by year. Download it, or check it against the company's own annual report.

Financial YearRevenueNet ProfitOperating Cash FlowFree Cash FlowCapExCashTotal DebtShort-Term DebtEquityCurrent AssetsCurrent LiabilitiesTotal AssetsTotal LiabilitiesInventoryDividendsReturn on Equity (ROE)Net Profit MarginDebt-to-EquityCurrent RatioInterest CoverageDividend Payout RatioDiv yieldP/E RatioP/B RatioPEG Ratio
2026RM 5.7bRM 30.4mRM -48.8mRM -175.6mRM -126.8mRM 321.1mRM 922.7mRM 754.6mRM 989.2mRM 2.7bRM 2.0bRM 3.3bRM 2.2bRM 684.1m-3%1%0.9×1.3×1.9×167%----
2025RM 7.6bRM 125.1mRM -1.0bRM -1.2bRM -129.6mRM 417.5mRM 757.7mRM 630.0mRM 1.0bRM 2.4bRM 1.8bRM 3.0bRM 1.9bRM 1.1bRM 2.0m12%2%0.8×1.4×4.5×36%2%16.1×2.0×1.2
2024RM 5.3bRM 160.2mRM 735.9mRM 597.6mRM -138.3mRM 1.9bRM 1.0bRM 951.5mRM 947.5mRM 3.4bRM 2.7bRM 3.7bRM 2.8bRM 899.9mRM 1.0m17%3%1.1×1.3×10.1×14%0%34.4×5.8×0.9
2023RM 638.3mRM 60.8mRM 147.7mRM 97.7mRM -50.1mRM 55.9mRM 125.6mRM 80.0mRM 414.7mRM 466.0mRM 275.6mRM 734.9mRM 312.8mRM 230.2mRM 1.8m15%10%0.3×1.7×7.9×60%1%49.3×7.2×-