Financials Engtex Group

Equities

ENGTEX

MYL5056OO006

Iron & Steel

End-of-day quote BURSA MALAYSIA 03:30:00 15/05/2024 am IST 5-day change 1st Jan Change
1 MYR +1.52% Intraday chart for Engtex Group -0.99% +32.45%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 328.7 314.2 254.6 294.2 333.2 441.4 - -
Enterprise Value (EV) 1 735.3 314.2 254.6 751.6 886.8 441.4 441.4 441.4
P/E ratio -375 x - 3.36 x 9.12 x 32.7 x 11.7 x 8.62 x 7.69 x
Yield 0.83% 1.04% - - 0.99% 0.9% 0.9% 1%
Capitalization / Revenue 0.29 x 0.32 x - 0.2 x 0.23 x 0.29 x 0.27 x 0.25 x
EV / Revenue 0.29 x 0.32 x - 0.2 x 0.23 x 0.29 x 0.27 x 0.25 x
EV / EBITDA 5.67 x 4.5 x - 4.37 x 5.09 x 4.5 x 3.94 x 3.59 x
EV / FCF - - - -4.79 x -5.11 x 16.5 x 13.4 x 35.6 x
FCF Yield - - - -20.9% -19.6% 6.04% 7.48% 2.81%
Price to Book 0.47 x - - 0.38 x 0.41 x 0.51 x 0.48 x 0.47 x
Nbr of stocks (in thousands) 4,38,282 4,36,343 4,35,224 4,32,719 4,41,373 4,41,373 - -
Reference price 2 0.7500 0.7200 0.5850 0.6800 0.7550 1.000 1.000 1.000
Announcement Date 27/02/20 25/02/21 24/02/22 23/02/23 29/02/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,119 989.6 - 1,444 1,470 1,533 1,662 1,782
EBITDA 1 58.02 69.79 - 67.32 65.52 98 112 123
EBIT 1 34.62 46.16 - 65.7 42.18 76.5 92.5 98
Operating Margin 3.09% 4.66% - 4.55% 2.87% 4.99% 5.57% 5.5%
Earnings before Tax (EBT) 1 11.89 27.85 - 47.86 18.09 52 69.5 80
Net income 1 -0.884 15.35 75.95 32.44 10.09 38.48 51.7 57.48
Net margin -0.08% 1.55% - 2.25% 0.69% 2.51% 3.11% 3.23%
EPS 2 -0.002000 - 0.1741 0.0746 0.0231 0.0855 0.1160 0.1300
Free Cash Flow 1 - - - -61.4 -65.16 26.68 33.03 12.39
FCF margin - - - -4.25% -4.43% 1.74% 1.99% 0.7%
FCF Conversion (EBITDA) - - - - - 27.22% 29.49% 10.07%
FCF Conversion (Net income) - - - - - 69.33% 63.89% 21.56%
Dividend per Share 2 0.006250 0.007500 - - 0.007500 0.009000 0.009000 0.0100
Announcement Date 27/02/20 25/02/21 24/02/22 23/02/23 29/02/24 - - -
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 407 - - 457 554 - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 7.007 x - - 6.793 x 8.449 x - - -
Free Cash Flow 1 - - - -61.4 -65.2 26.7 33 12.4
ROE (net income / shareholders' equity) -0.54% 2.24% - 4.15% 1.26% 4.51% 5.75% 6.33%
ROA (Net income/ Total Assets) -0.28% 1.17% - 2.19% 0.65% 3.63% 4.06% 4.31%
Assets 1 318.2 1,314 - 1,481 1,565 1,060 1,273 1,334
Book Value Per Share 2 1.580 - - 1.800 1.860 1.950 2.100 2.120
Cash Flow per Share 0.2500 0.0400 - - - - - -
Capex 1 20.5 - - 63.3 41.5 25 20 20
Capex / Sales 1.83% - - 4.38% 2.82% 1.63% 1.2% 1.12%
Announcement Date 27/02/20 25/02/21 24/02/22 23/02/23 29/02/24 - - -
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
1 MYR
Average target price
1.265 MYR
Spread / Average Target
+26.50%
Consensus

Annual profits - Rate of surprise

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