IOI Corp
09.06.07, 6:00 PM ET Industry: Food Drink & Tobacco
Country: Malaysia| Size | Valuation | Performance | |||||
| Market Value | $8.9 bil | Forward P/E | 17 | 5 yr avg ROC 1 | 10% | ||
| Sales | $2.5 bil | Price to Sales | 3.3 | EPS Growth Est 2 | 27% | ||
| Dividend Yield | 1.3% | ||||||
Malaysia's largest producer of palm oil, a hot commodity in biodiesel circles. Most of the oil is still used in foods and cosmetics—an invisible but highly profitable ingredient. Posted record profits in latest fiscal year. Chairman Lee Shin Cheng isn't planting more acreage, even though palm oil prices have soared in the last two years. (Most new fields involve destruction of rainforest.) Instead, he is increasing yield and investing in downstream projects. Building a biodiesel plant in Johor, on the Singapore border, and buying refining capacity.
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