Financials Deleum

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 03:30:00 03/05/2024 am IST			5-day change	1st Jan Change
1.46 ^MYR	-2.01%		+2.10%	+52.88%

26/02	Deleum Berhad Declares Second Interim Single Tier Dividend, Payable on March 29, 2024	CI
26/02	Deleum Berhad Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	385.5	244.9	200.8	361.4	383.5	586.3	-	-
Enterprise Value (EV) ¹	385.5	244.9	200.8	361.4	170	364.5	334.7	298.3
P/E ratio	11.6 x	33 x	11.8 x	8.58 x	8.38 x	11.3 x	10.6 x	10.2 x
Yield	4.58%	-	-	3.56%	5.97%	4.35%	4.62%	4.45%
Capitalization / Revenue	0.44 x	-	-	0.52 x	0.48 x	0.74 x	0.67 x	0.62 x
EV / Revenue	0.44 x	-	-	0.52 x	0.21 x	0.46 x	0.38 x	0.32 x
EV / EBITDA	4.45 x	-	-	3.78 x	1.51 x	3.37 x	2.88 x	2.43 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	1.1 x	-	-	0.93 x	0.93 x	1.33 x	1.25 x	1.17 x
Nbr of stocks (in thousands)	4,01,553	4,01,554	4,01,554	4,01,554	4,01,554	4,01,554	-	-
Reference price ²	0.9600	0.6100	0.5000	0.9000	0.9550	1.460	1.460	1.460
Announcement Date	26/02/20	29/03/21	23/02/22	28/02/23	26/02/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	868.3	-	-	698	792	789.4	875.7	945.4
EBITDA ¹	86.67	-	-	95.58	112.4	108.2	116	122.6
EBIT ¹	52.16	-	-	62.08	79.41	77.9	82.53	84.27
Operating Margin	6.01%	-	-	8.89%	10.03%	9.87%	9.42%	8.91%
Earnings before Tax (EBT) ¹	55.07	-	-	67.89	84.92	82.8	88.3	91.45
Net income ¹	33.15	-	17.07	42.14	45.74	51.65	54.9	57.3
Net margin	3.82%	-	-	6.04%	5.77%	6.54%	6.27%	6.06%
EPS ²	0.0826	0.0185	0.0425	0.1049	0.1139	0.1290	0.1380	0.1430
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0440	-	-	0.0320	0.0570	0.0635	0.0675	0.0650
Announcement Date	26/02/20	29/03/21	23/02/22	28/02/23	26/02/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-
Net Cash position ¹	-	-	-	213	222	252	288
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	9.73%	-	11.3%	11.4%	12.1%	12.2%	12%
ROA (Net income/ Total Assets)	4.71%	-	6.37%	6.85%	7.5%	7.5%	7%
Assets ¹	703.9	-	661.4	667.2	688.7	732	818.6
Book Value Per Share ²	0.8700	-	0.9700	1.030	1.100	1.170	1.250
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	-	-	8.6	12.1	24	20.8	20.4
Capex / Sales	-	-	1.23%	1.52%	3.04%	2.37%	2.15%
Announcement Date	26/02/20	23/02/22	28/02/23	26/02/24	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.46 MYR

Average target price

1.457 MYR

Spread / Average Target

-0.23%

	1st Jan change	Capi.
DELEUM	+52.88%	124M
SCHLUMBERGER LIMITED	-8.42%	68.12B
HALLIBURTON COMPANY	+1.60%	32.52B
BAKER HUGHES COMPANY	-6.61%	31.86B
TECHNIPFMC PLC	+28.90%	11.19B
WEATHERFORD INTERNATIONAL PLC	+25.32%	8.97B
NOV INC.	-8.58%	7.33B
CNOOC ENERGY TECHNOLOGY & SERVICES LIMITED	+42.81%	5.72B
TIDEWATER INC.	+47.70%	5.61B
SAIPEM S.P.A.	+46.05%	4.61B