Financials Crescendo Corporation

Equities

CRESNDO

MYL6718OO000

Real Estate Development & Operations

End-of-day quote BURSA MALAYSIA 03:30:00 03/05/2024 am IST 5-day change 1st Jan Change
3.39 MYR -2.31% Intraday chart for Crescendo Corporation -10.08% +46.12%

Valuation

Fiscal Period: Januari 2018 2019 2020 2021 2022 2023
Capitalization 1 405.2 349.3 335.3 285 335.3 326.9
Enterprise Value (EV) 1 697.2 637.5 621.4 546.5 556.4 525.3
P/E ratio 11.6 x 10.2 x 12.8 x 10.6 x 15.6 x 13.3 x
Yield 4.14% 4.8% 2.5% 3.92% 3.33% 4.27%
Capitalization / Revenue 1.46 x 1.18 x 1.3 x 1.28 x 1.54 x 1.52 x
EV / Revenue 2.52 x 2.16 x 2.41 x 2.45 x 2.56 x 2.44 x
EV / EBITDA 13.4 x 11.2 x 11.3 x 11.5 x 12 x 11.6 x
EV / FCF 604 x -133 x 21.3 x 16.3 x 16.5 x 7 x
FCF Yield 0.17% -0.75% 4.7% 6.15% 6.06% 14.3%
Price to Book 0.44 x 0.39 x 0.37 x 0.31 x 0.37 x 0.35 x
Nbr of stocks (in thousands) 2,79,419 2,79,419 2,79,419 2,79,419 2,79,419 2,79,419
Reference price 2 1.450 1.250 1.200 1.020 1.200 1.170
Announcement Date 30/05/18 30/05/19 29/06/20 28/05/21 30/05/22 30/05/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Januari 2018 2019 2020 2021 2022 2023
Net sales 1 277.2 295.6 258.2 222.9 217.1 215.7
EBITDA 1 51.89 57.13 54.86 47.67 46.37 45.23
EBIT 1 46.67 48.35 45.65 38.77 37.54 36.57
Operating Margin 16.84% 16.36% 17.68% 17.4% 17.29% 16.95%
Earnings before Tax (EBT) 1 50.51 54.05 50.13 42.4 33.84 38.41
Net income 1 35.01 34.33 26.3 26.8 21.52 24.52
Net margin 12.63% 11.61% 10.18% 12.02% 9.91% 11.37%
EPS 2 0.1253 0.1229 0.0941 0.0959 0.0770 0.0878
Free Cash Flow 1 1.155 -4.783 29.18 33.59 33.73 75.09
FCF margin 0.42% -1.62% 11.3% 15.07% 15.54% 34.81%
FCF Conversion (EBITDA) 2.23% - 53.18% 70.46% 72.75% 166%
FCF Conversion (Net income) 3.3% - 110.95% 125.34% 156.72% 306.17%
Dividend per Share 2 0.0600 0.0600 0.0300 0.0400 0.0400 0.0500
Announcement Date 30/05/18 30/05/19 29/06/20 28/05/21 30/05/22 30/05/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: Januari 2018 2019 2020 2021 2022 2023
Net Debt 1 292 288 286 261 221 198
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 5.628 x 5.044 x 5.215 x 5.485 x 4.768 x 4.385 x
Free Cash Flow 1 1.15 -4.78 29.2 33.6 33.7 75.1
ROE (net income / shareholders' equity) 3.86% 4.01% 2.95% 3.1% 2.48% 2.65%
ROA (Net income/ Total Assets) 2.02% 2.11% 1.98% 1.7% 1.66% 1.63%
Assets 1 1,729 1,628 1,331 1,574 1,294 1,507
Book Value Per Share 2 3.300 3.200 3.220 3.270 3.290 3.320
Cash Flow per Share 2 0.2000 0.2300 0.2400 0.1900 0.3800 0.3100
Capex 1 21.8 22.8 6.92 4.95 3.97 4.24
Capex / Sales 7.88% 7.71% 2.68% 2.22% 1.83% 1.97%
Announcement Date 30/05/18 30/05/19 29/06/20 28/05/21 30/05/22 30/05/23
1MYR in Million2MYR
Estimates
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