Financials Coraza Integrated Technology

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 03:30:00 15/05/2024 am IST			5-day change	1st Jan Change
0.59 ^MYR	-1.67%		+8.26%	+35.63%

28/02	Coraza Integrated Technology Berhad Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2023	CI
10/01	64,249,650 Ordinary Shares of Coraza Integrated Technology Berhad are subject to a Lock-Up Agreement Ending on 10-JAN-2024.	CI

Fiscal Period: December	2022	2023	2024	2025	2026
Capitalization ¹	328.4	214.7	291.2	-	-
Enterprise Value (EV) ¹	328.4	214.7	291.2	291.2	291.2
P/E ratio	22.3 x	-73.7 x	23 x	15.1 x	12.6 x
Yield	-	-	1.19%	1.69%	2.03%
Capitalization / Revenue	2.29 x	2.66 x	2.5 x	1.92 x	1.64 x
EV / Revenue	2.29 x	2.66 x	2.5 x	1.92 x	1.64 x
EV / EBITDA	12.8 x	41.1 x	10.7 x	8.1 x	7.09 x
EV / FCF	-	-	-	-	-
FCF Yield	-	-	-	-	-
Price to Book	3.69 x	-	1.9 x	1.69 x	1.51 x
Nbr of stocks (in thousands)	4,29,236	4,93,621	4,93,621	-	-
Reference price ²	0.7650	0.4350	0.5900	0.5900	0.5900
Announcement Date	11/04/23	17/04/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	-	106.1	143.3	80.68	116.6	151.6	177.6
EBITDA ¹	-	20.28	25.72	5.22	27.13	35.93	41.07
EBIT ¹	-	16.85	19.4	-3.449	17.27	25.2	31.03
Operating Margin	-	15.88%	13.53%	-4.28%	14.8%	16.62%	17.47%
Earnings before Tax (EBT) ¹	-	16.06	18.64	-3.44	14.67	22.17	27.47
Net income ¹	8.016	12.85	14.71	-2.671	11.27	17.13	21.43
Net margin	-	12.11%	10.26%	-3.31%	9.66%	11.3%	12.07%
EPS ²	3.210	0.0300	0.0343	-0.005900	0.0257	0.0390	0.0470
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	-	-	-	-	0.007000	0.0100	0.0120
Announcement Date	15/07/21	23/02/22	11/04/23	17/04/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	30.5%	17%	-	9.7%	13.1%	12.1%
ROA (Net income/ Total Assets)	-	13.2%	10%	-	7.6%	8.4%	9.1%
Assets ¹	-	97.62	147.1	-	148.2	204	235.5
Book Value Per Share ²	-	0.1400	0.2100	-	0.3100	0.3500	0.3900
Cash Flow per Share ²	-	-	0.0400	-	0.0200	0.0400	-
Capex ¹	-	-	15.6	-	30	20	20
Capex / Sales	-	-	10.87%	-	25.72%	13.19%	11.26%
Announcement Date	15/07/21	23/02/22	11/04/23	17/04/24	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.59 MYR

Average target price

0.6367 MYR

Spread / Average Target

+7.91%

	1st Jan change	Capi.
CORAZA INTEGRATED TECHNOLOGY	+35.63%	6.28Cr
NUCOR CORPORATION	+1.25%	4.14TCr
TATA STEEL LIMITED	+18.71%	2.47TCr
POSCO HOLDINGS INC.	-19.62%	2.23TCr
ARCELORMITTAL	-6.99%	2.14TCr
STEEL DYNAMICS, INC.	+15.94%	2.12TCr
NIPPON STEEL CORPORATION	-0.31%	1.98TCr
JFE HOLDINGS, INC.	+3.61%	943.45Cr
UNITED STATES STEEL CORPORATION	-21.42%	854.43Cr
CLEVELAND-CLIFFS INC.	-12.44%	846.35Cr