Freight Management Holdings Berhad (FMHB) is a multimodal intermediary forwarding agent between exporters, importers, and carriers. It is mainly present in nine operating countries including Malaysia, Australia, Indonesia, Thailand, and Vietnam. As of 30 September 2019, FMHB is worth approximately RM171.7 million in market capitalisation.

In this article, I will walk you through its business operations, long-term financial performance, and valuation. Here are 11 things to know about FMHB before you invest:

1. FMHB is a middleman that acts as a one-stop centre for exporters and importers by helping them select the most cost-effective, reliable route to ship their goods. FMHB will engage relevant sea, air, and rail carriers to provide the actual shipping service. FMHB also provides supporting services such as documentation, insurance, and claims required to ship goods from one place to another. Forwarders like FMHB are also referred to as non-vessel operating common carriers.

2. FMHB