Globaltec Formation Bhd

5220.KLSE · Consumer Cyclical · Auto Parts · MYR · Fundamentals
Mixed

Physical assets are 48.8% of total assets, a mixed footprint. Capex is 1.95x depreciation and free cash flow yield is negative, so the physical base is expanding and consuming cash. EBITDA after capex covers debt service by -0.29x, which is below 1.

Fixed-asset turnover is 0.98x. Compare it with other names in the same basket.

Physical asset ratio
48.8%Physical asset ratio · 2026-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 167.34MpropertyPlantAndEquipmentNetInventoryMYR 27.14MinventoryTotal assetsMYR 398.16MtotalAssetsResult 48.8%
Net PP&E plus inventory, divided by total assets. Above 50% is a heavy footprint.
Fixed asset turnover
0.98xFixed asset turnover · 2026-06-30Revenue / net PP&ERevenueMYR 163.26MtotalRevenueNet PP&EMYR 167.34MpropertyPlantAndEquipmentNetResult 0.98x
Revenue per dollar of the physical asset base.
Capex / D&A
1.95xCapex / D&A · 2026-06-30Capital expenditures / depreciation and amortizationCapexMYR 21.97McapitalExpendituresD&AMYR 11.28MreconciledDepreciationResult 1.95x
Above 1.0x means the physical base is being replaced or expanded.
Tangible book / share
MYR 0.85Tangible book / share · 2026-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 398.16MtotalAssetsGoodwillMYR 0.00Not reported, treated as 0IntangiblesMYR 84.02MintangibleAssetsLiabilitiesMYR 85.08MtotalLiabTangible bookMYR 229.06MShares269,120,259commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result MYR 0.85
Assets minus goodwill, intangibles, and liabilities, per share.
Price / tangible book
—Price / tangible bookPrice / tangible book per sharePrice—Latest quoteTangible book / shareMYR 0.852026-06-30A live quote was not available, so price / tangible book could not be calculated.Result —
Quote unavailable.
Fixed-charge coverage
-0.29xFixed-charge coverage · 2026-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 21.47MebitdaCapexMYR 21.97McapitalExpendituresInterestMYR 867.00KinterestExpenseShort-term debtMYR 845.00KshortLongTermDebtEBITDA − capex-MYR 498.00KPrincipal due is the current portion of debt.Result -0.29x
EBITDA minus capex, divided by interest plus short-term debt.
FCF yield
-2.2%Free cash flow yield · 2026-06-30Latest free cash flow / current market capFree cash flow-MYR 4.83MfreeCashFlowMarket capMYR 216.64MMarketCapitalizationResult -2.2%
Latest free cash flow divided by current market cap (MYR 216.64M).
ROIC
2.6%ROIC · 2026-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 9.60MoperatingIncomeTax expenseMYR 3.74MtaxProvisionPretax incomeMYR 9.33MincomeBeforeTaxTax rate40.0%EquityMYR 271.06MtotalStockholderEquityDebtMYR 13.28MlongTermDebt + shortLongTermDebtCashMYR 65.36McashInvested capitalMYR 218.98MThe effective tax rate was above 40% and was capped at 40%.Result 2.6%
After-tax operating income over equity plus debt minus cash. Operating income / net PP&E is 0.06x.

Footprint and return

Turnover and reinvestment

Year Physical FAT Capex/D&A TBV/sh Coverage FCF ROIC EBIT/PP&E
2019 66.0%Physical asset ratio · 2019-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 209.66MpropertyPlantEquipmentInventoryMYR 28.37MinventoryTotal assetsMYR 360.83MtotalAssetsResult 66.0% 1.04xFixed asset turnover · 2019-06-30Revenue / net PP&ERevenueMYR 217.30MtotalRevenueNet PP&EMYR 209.66MpropertyPlantEquipmentResult 1.04x 2.60xCapex / D&A · 2019-06-30Capital expenditures / depreciation and amortizationCapexMYR 27.05McapitalExpendituresD&AMYR 10.39MreconciledDepreciationResult 2.60x MYR 0.68Tangible book / share · 2019-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 360.83MtotalAssetsGoodwillMYR 22.18MgoodWillIntangiblesMYR 27.71MintangibleAssetsLiabilitiesMYR 127.51MtotalLiabTangible bookMYR 183.43MShares269,087,000commonStockSharesOutstandingResult MYR 0.68 -4.61xFixed-charge coverage · 2019-06-30(EBITDA − capex) / (interest + short-term debt)EBITDA-MYR 29.23MebitdaCapexMYR 27.05McapitalExpendituresInterestMYR 1.39MinterestExpenseShort-term debtMYR 10.82MshortTermDebtEBITDA − capex-MYR 56.28MPrincipal due is short-term debt.Result -4.61x -MYR 10.99MFree cash flow · 2019-06-30Reported free cash flowOperating cash flowMYR 16.06MtotalCashFromOperatingActivitiesCapexMYR 27.05McapitalExpendituresFree cash flow-MYR 10.99MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -MYR 10.99M —ROIC · 2019-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating income-MYR 40.42MoperatingIncomeTax expenseMYR 2.90MtaxProvisionPretax income-MYR 41.00MincomeBeforeTaxTax rate—EquityMYR 233.32MtotalStockholderEquityDebtMYR 17.38MshortLongTermDebtTotalCashMYR 46.94McashAndShortTermInvestmentsInvested capitalMYR 203.76MROIC needs a positive pretax income so an effective tax rate can be calculated.Result — -0.19xEBIT / PP&E · 2019-06-30Operating income / net PP&EOperating income-MYR 40.42MoperatingIncomeNet PP&EMYR 209.66MpropertyPlantEquipmentResult -0.19x
2020 65.3%Physical asset ratio · 2020-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 212.39MpropertyPlantEquipmentInventoryMYR 24.03MinventoryTotal assetsMYR 361.80MtotalAssetsResult 65.3% 0.77xFixed asset turnover · 2020-06-30Revenue / net PP&ERevenueMYR 163.82MtotalRevenueNet PP&EMYR 212.39MpropertyPlantEquipmentResult 0.77x 0.55xCapex / D&A · 2020-06-30Capital expenditures / depreciation and amortizationCapexMYR 6.64McapitalExpendituresD&AMYR 12.00MreconciledDepreciationResult 0.55x MYR 0.70Tangible book / share · 2020-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 361.80MtotalAssetsGoodwillMYR 22.18MgoodWillIntangiblesMYR 27.45MintangibleAssetsLiabilitiesMYR 123.23MtotalLiabTangible bookMYR 188.94MShares269,087,000commonStockSharesOutstandingResult MYR 0.70 0.89xFixed-charge coverage · 2020-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 17.11MebitdaCapexMYR 6.64McapitalExpendituresInterestMYR 1.28MinterestExpenseShort-term debtMYR 10.53MshortTermDebtEBITDA − capexMYR 10.46MPrincipal due is short-term debt.Result 0.89x MYR 20.69MFree cash flow · 2020-06-30Reported free cash flowOperating cash flowMYR 27.54MtotalCashFromOperatingActivitiesCapexMYR 6.64McapitalExpendituresFree cash flowMYR 20.69MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result MYR 20.69M 1.1%ROIC · 2020-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 3.76MoperatingIncomeTax expenseMYR 4.93MincomeTaxExpensePretax incomeMYR 3.83MincomeBeforeTaxTax rate40.0%EquityMYR 238.57MtotalStockholderEquityDebtMYR 16.29MshortLongTermDebtTotalCashMYR 56.17McashAndShortTermInvestmentsInvested capitalMYR 198.69MThe effective tax rate was above 40% and was capped at 40%.Result 1.1% 0.02xEBIT / PP&E · 2020-06-30Operating income / net PP&EOperating incomeMYR 3.76MoperatingIncomeNet PP&EMYR 212.39MpropertyPlantEquipmentResult 0.02x
2021 58.8%Physical asset ratio · 2021-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 198.62MpropertyPlantEquipmentInventoryMYR 30.99MinventoryTotal assetsMYR 390.20MtotalAssetsResult 58.8% 0.81xFixed asset turnover · 2021-06-30Revenue / net PP&ERevenueMYR 161.12MtotalRevenueNet PP&EMYR 198.62MpropertyPlantEquipmentResult 0.81x 0.58xCapex / D&A · 2021-06-30Capital expenditures / depreciation and amortizationCapexMYR 7.02McapitalExpendituresD&AMYR 12.02MreconciledDepreciationResult 0.58x MYR 0.77Tangible book / share · 2021-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 390.20MtotalAssetsGoodwillMYR 22.18MgoodWillIntangiblesMYR 27.02MintangibleAssetsLiabilitiesMYR 134.43MtotalLiabTangible bookMYR 206.58MShares269,087,000commonStockSharesOutstandingResult MYR 0.77 3.75xFixed-charge coverage · 2021-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 47.48MebitdaCapexMYR 7.02McapitalExpendituresInterestMYR 882.00KinterestExpenseShort-term debtMYR 9.90MshortTermDebtEBITDA − capexMYR 40.47MPrincipal due is short-term debt.Result 3.75x MYR 5.84MFree cash flow · 2021-06-30Reported free cash flowOperating cash flowMYR 12.86MtotalCashFromOperatingActivitiesCapexMYR 7.02McapitalExpendituresFree cash flowMYR 5.84MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result MYR 5.84M 15.7%ROIC · 2021-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 34.55MoperatingIncomeTax expenseMYR 6.11MincomeTaxExpensePretax incomeMYR 34.58MincomeBeforeTaxTax rate17.7%EquityMYR 255.78MtotalStockholderEquityDebtMYR 13.35MshortLongTermDebtTotalCashMYR 88.04McashAndShortTermInvestmentsInvested capitalMYR 181.08MResult 15.7% 0.17xEBIT / PP&E · 2021-06-30Operating income / net PP&EOperating incomeMYR 34.55MoperatingIncomeNet PP&EMYR 198.62MpropertyPlantEquipmentResult 0.17x
2022 59.6%Physical asset ratio · 2022-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 207.22MpropertyPlantEquipmentInventoryMYR 34.78MinventoryTotal assetsMYR 406.25MtotalAssetsResult 59.6% 0.89xFixed asset turnover · 2022-06-30Revenue / net PP&ERevenueMYR 184.28MtotalRevenueNet PP&EMYR 207.22MpropertyPlantEquipmentResult 0.89x 0.90xCapex / D&A · 2022-06-30Capital expenditures / depreciation and amortizationCapexMYR 9.56McapitalExpendituresD&AMYR 10.67MreconciledDepreciationResult 0.90x MYR 0.82Tangible book / share · 2022-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 406.25MtotalAssetsGoodwillMYR 22.18MgoodWillIntangiblesMYR 26.59MintangibleAssetsLiabilitiesMYR 137.08MtotalLiabTangible bookMYR 220.40MShares269,120,260commonStockSharesOutstandingResult MYR 0.82 3.58xFixed-charge coverage · 2022-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 33.90MebitdaCapexMYR 9.56McapitalExpendituresInterestMYR 776.00KinterestExpenseShort-term debtMYR 6.02MshortTermDebtEBITDA − capexMYR 24.34MPrincipal due is short-term debt.Result 3.58x MYR 10.72MFree cash flow · 2022-06-30Reported free cash flowOperating cash flowMYR 20.34MtotalCashFromOperatingActivitiesCapexMYR 9.56McapitalExpendituresFree cash flowMYR 10.72MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result MYR 10.72M 8.2%ROIC · 2022-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 22.50MoperatingIncomeTax expenseMYR 6.58MincomeTaxExpensePretax incomeMYR 22.45MincomeBeforeTaxTax rate29.3%EquityMYR 269.17MtotalStockholderEquityDebtMYR 8.65MlongTermDebt + shortLongTermDebtCashMYR 84.66McashAndShortTermInvestmentsInvested capitalMYR 193.16MResult 8.2% 0.11xEBIT / PP&E · 2022-06-30Operating income / net PP&EOperating incomeMYR 22.50MoperatingIncomeNet PP&EMYR 207.22MpropertyPlantEquipmentResult 0.11x
2023 62.1%Physical asset ratio · 2023-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 224.36MpropertyPlantEquipmentInventoryMYR 38.94MinventoryTotal assetsMYR 424.07MtotalAssetsResult 62.1% 0.94xFixed asset turnover · 2023-06-30Revenue / net PP&ERevenueMYR 211.04MtotalRevenueNet PP&EMYR 224.36MpropertyPlantEquipmentResult 0.94x 1.44xCapex / D&A · 2023-06-30Capital expenditures / depreciation and amortizationCapexMYR 14.92McapitalExpendituresD&AMYR 10.33MreconciledDepreciationResult 1.44x MYR 0.87Tangible book / share · 2023-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 424.07MtotalAssetsGoodwillMYR 22.18MgoodWillIntangiblesMYR 26.24MintangibleAssetsLiabilitiesMYR 142.82MtotalLiabTangible bookMYR 232.83MShares269,120,000commonStockSharesOutstandingResult MYR 0.87 2.24xFixed-charge coverage · 2023-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 24.53MebitdaCapexMYR 14.92McapitalExpendituresInterestMYR 770.00KinterestExpenseShort-term debtMYR 3.52MshortTermDebtEBITDA − capexMYR 9.61MPrincipal due is short-term debt.Result 2.24x MYR 549.00KFree cash flow · 2023-06-30Reported free cash flowOperating cash flowMYR 15.87MtotalCashFromOperatingActivitiesCapexMYR 14.92McapitalExpendituresFree cash flowMYR 549.00KfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result MYR 549.00K 4.1%ROIC · 2023-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 13.25MoperatingIncomeTax expenseMYR 4.03MincomeTaxExpensePretax incomeMYR 13.43MincomeBeforeTaxTax rate30.0%EquityMYR 281.25MtotalStockholderEquityDebtMYR 5.08MlongTermDebt + shortLongTermDebtCashMYR 59.85McashAndShortTermInvestmentsInvested capitalMYR 226.48MResult 4.1% 0.06xEBIT / PP&E · 2023-06-30Operating income / net PP&EOperating incomeMYR 13.25MoperatingIncomeNet PP&EMYR 224.36MpropertyPlantEquipmentResult 0.06x
2024 58.2%Physical asset ratio · 2024-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 224.08MpropertyPlantEquipmentInventoryMYR 25.06MinventoryTotal assetsMYR 428.20MtotalAssetsResult 58.2% 0.85xFixed asset turnover · 2024-06-30Revenue / net PP&ERevenueMYR 190.04MtotalRevenueNet PP&EMYR 224.08MpropertyPlantEquipmentResult 0.85x 0.41xCapex / D&A · 2024-06-30Capital expenditures / depreciation and amortizationCapexMYR 4.40McapitalExpendituresD&AMYR 10.63MreconciledDepreciationResult 0.41x MYR 0.87Tangible book / share · 2024-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 428.20MtotalAssetsGoodwillMYR 22.18MgoodWillIntangiblesMYR 25.82MintangibleAssetsLiabilitiesMYR 146.68MtotalLiabTangible bookMYR 233.52MShares269,120,260commonStockSharesOutstandingResult MYR 0.87 4.95xFixed-charge coverage · 2024-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 21.51MebitdaCapexMYR 4.40McapitalExpendituresInterestMYR 943.00KinterestExpenseShort-term debtMYR 2.51MshortTermDebtEBITDA − capexMYR 17.11MPrincipal due is short-term debt.Result 4.95x MYR 19.76MFree cash flow · 2024-06-30Reported free cash flowOperating cash flowMYR 30.16MtotalCashFromOperatingActivitiesCapexMYR 4.40McapitalExpendituresFree cash flowMYR 19.76MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result MYR 19.76M 2.9%ROIC · 2024-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 9.41MoperatingIncomeTax expenseMYR 3.45MtaxProvisionPretax incomeMYR 9.93MincomeBeforeTaxTax rate34.8%EquityMYR 281.52MtotalStockholderEquityDebtMYR 17.72MlongTermDebt + shortLongTermDebtCashMYR 85.58McashAndShortTermInvestmentsInvested capitalMYR 213.66MResult 2.9% 0.04xEBIT / PP&E · 2024-06-30Operating income / net PP&EOperating incomeMYR 9.41MoperatingIncomeNet PP&EMYR 224.08MpropertyPlantEquipmentResult 0.04x
2025 58.6%Physical asset ratio · 2025-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 218.34MpropertyPlantEquipmentInventoryMYR 23.87MinventoryTotal assetsMYR 413.49MtotalAssetsUses the property line, which is larger than net PP&E (MYR 171.46M, propertyPlantAndEquipmentNet).Result 58.6% 0.75xFixed asset turnover · 2025-06-30Revenue / net PP&ERevenueMYR 163.23MtotalRevenueNet PP&EMYR 218.34MpropertyPlantEquipmentResult 0.75x 1.02xCapex / D&A · 2025-06-30Capital expenditures / depreciation and amortizationCapexMYR 11.11McapitalExpendituresD&AMYR 10.85MreconciledDepreciationResult 1.02x MYR 0.84Tangible book / share · 2025-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 413.49MtotalAssetsGoodwillMYR 22.18MgoodWillIntangiblesMYR 25.40MintangibleAssetsLiabilitiesMYR 138.76MtotalLiabTangible bookMYR 227.14MShares269,120,000commonStockSharesOutstandingResult MYR 0.84 10.21xFixed-charge coverage · 2025-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 24.63MebitdaCapexMYR 11.11McapitalExpendituresInterestMYR 1.02MinterestExpenseShort-term debtMYR 305.00KshortTermDebtEBITDA − capexMYR 13.52MPrincipal due is short-term debt.Result 10.21x -MYR 25.49MFree cash flow · 2025-06-30Reported free cash flowOperating cash flow-MYR 1.63MtotalCashFromOperatingActivitiesCapexMYR 11.11McapitalExpendituresFree cash flow-MYR 25.49MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -MYR 25.49M 3.2%ROIC · 2025-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 11.39MoperatingIncomeTax expenseMYR 4.04MtaxProvisionPretax incomeMYR 12.76MincomeBeforeTaxTax rate31.7%EquityMYR 274.72MtotalStockholderEquityDebtMYR 22.48MlongTermDebt + shortLongTermDebtCashMYR 56.39McashAndShortTermInvestmentsInvested capitalMYR 240.81MResult 3.2% 0.05xEBIT / PP&E · 2025-06-30Operating income / net PP&EOperating incomeMYR 11.39MoperatingIncomeNet PP&EMYR 218.34MpropertyPlantEquipmentResult 0.05x
2026 48.8%Physical asset ratio · 2026-06-30(Net PP&E + inventory) / total assetsNet PP&EMYR 167.34MpropertyPlantAndEquipmentNetInventoryMYR 27.14MinventoryTotal assetsMYR 398.16MtotalAssetsResult 48.8% 0.98xFixed asset turnover · 2026-06-30Revenue / net PP&ERevenueMYR 163.26MtotalRevenueNet PP&EMYR 167.34MpropertyPlantAndEquipmentNetResult 0.98x 1.95xCapex / D&A · 2026-06-30Capital expenditures / depreciation and amortizationCapexMYR 21.97McapitalExpendituresD&AMYR 11.28MreconciledDepreciationResult 1.95x MYR 0.85Tangible book / share · 2026-06-30(Total assets − goodwill − intangibles − liabilities) / sharesTotal assetsMYR 398.16MtotalAssetsGoodwillMYR 0.00Not reported, treated as 0IntangiblesMYR 84.02MintangibleAssetsLiabilitiesMYR 85.08MtotalLiabTangible bookMYR 229.06MShares269,120,259commonStockSharesOutstandingGoodwill was not reported and is treated as zero.Result MYR 0.85 -0.29xFixed-charge coverage · 2026-06-30(EBITDA − capex) / (interest + short-term debt)EBITDAMYR 21.47MebitdaCapexMYR 21.97McapitalExpendituresInterestMYR 867.00KinterestExpenseShort-term debtMYR 845.00KshortLongTermDebtEBITDA − capex-MYR 498.00KPrincipal due is the current portion of debt.Result -0.29x -MYR 4.83MFree cash flow · 2026-06-30Reported free cash flowOperating cash flowMYR 17.15MtotalCashFromOperatingActivitiesCapexMYR 21.97McapitalExpendituresFree cash flow-MYR 4.83MfreeCashFlowFree cash flow is the amount reported on the cash-flow statement.Result -MYR 4.83M 2.6%ROIC · 2026-06-30Operating income × (1 − tax rate) / (equity + debt − cash)Operating incomeMYR 9.60MoperatingIncomeTax expenseMYR 3.74MtaxProvisionPretax incomeMYR 9.33MincomeBeforeTaxTax rate40.0%EquityMYR 271.06MtotalStockholderEquityDebtMYR 13.28MlongTermDebt + shortLongTermDebtCashMYR 65.36McashInvested capitalMYR 218.98MThe effective tax rate was above 40% and was capped at 40%.Result 2.6% 0.06xEBIT / PP&E · 2026-06-30Operating income / net PP&EOperating incomeMYR 9.60MoperatingIncomeNet PP&EMYR 167.34MpropertyPlantAndEquipmentNetResult 0.06x
  • Principal due is the current portion of debt.
  • The effective tax rate was above 40% and was capped at 40% for ROIC.
Latest year inputs (2026)
Net PP&E: MYR 167.34M
Inventory: MYR 27.14M
Total assets: MYR 398.16M
Goodwill: MYR 0.00
Intangibles: MYR 84.02M
Liabilities: MYR 85.08M
Tangible book: MYR 229.06M
Shares: 269,120,259
Revenue: MYR 163.26M
Capex: MYR 21.97M
D&A: MYR 11.28M
EBITDA: MYR 21.47M
Interest: MYR 867.00K
Short-term debt: MYR 845.00K
Free cash flow: -MYR 4.83M
Operating income: MYR 9.60M
Invested capital: MYR 218.98M
Tax rate: 40.0%