“We like Edgenta for its defensive earnings profile and pivot towards healthcare support services regionally, ” HLB Research said in a note.
PETALING JAYA: UEM Edgenta Bhd
remains a good exposure to a stable earnings stream at reasonable valuations, said HLIB Research.
The research house noted that the counter was trading at financial years 2020-2021 price-to-earnings ratio of 11.6–11.3 times, with a dividend yield of between 6% and 6.2%.
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