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'Mr. DIY m sometimes known as MRDIY, is a company with its headquarters in Malaysia that is involved in the retailing of various hardware and
'Mr. DIY m sometimes known as MRDIY, is a company with its headquarters in Malaysia that is involved in the retailing of various hardware and home improvement products. A series of retail outlets run under the Mr. DIY brand name are owned and managed by the corporation. The business has a combined total of 752 outlets in Malaysia, Singapore, and Indonesia as ofthe 31st of Decen'ber in the year 2020. According to the financial statements of MRDIY for the year that concluded on Decerrber 31, 2020, the firm reported a revenue of RM3.02 billion. This is an increase of RMO.53 billion, or 21.3%, compared to the RM2.49 billion that was recorded in the prior year. The launch of new stores in addition to increased sales at existing stores were the primary contributors to the rise in total income. The corporation reported a prot of RM340.4 million before taxes, which is an increase of RM55.0 million, or 19.2%, as compared to the RM285.4 million reported in the prior year's financial statements. The increasing revenue and the decrease in the amount that was spent on taxes contributed to the] increase in prot. In comparison to the previous year's total of 520.4 million ringgit, the current year's figure of 570.4 million ringgit represents a net cash flow growth of 50.0 million ringgit, or 9.6%. The rise can be attributed to the higher prot before taxesas well as the lower amount oftaxes paid. The entire amount of the company's debt as of the 31st of Decen'ber, 2020 was RM2.17 billion, which was an increase of RMO.54 billion from the previous year's figure of RM1.63 billion. The rise can be attributed to the increased amount of short-term borrowings that the company made in order tofinance the growth of its shop network. The debt-toequity ratio of the company was 0.71, which shows that the company is highly leveraged due to its high level of debt. The interest coverage ratio for the company was 3.15, which indicates that the company is able to cover its interest expenses in a manner that is satisfactory to the company. As of February 26, 2021, the price of a share of the company's equity was RM2.70. According to the financial statements of the company, the stock of the company is undervalued and is a decent buy at the price it is currently trading at
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