Financials Focus Point Holdings

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 03:30:00 03/05/2024 am IST			5-day change	1st Jan Change
0.745 ^MYR	+2.76%		+2.05%	+4.93%

01/04	Focus Point Holdings Berhad Appoints Aaron Loke Khy-Min as Chief Financial Officer	CI
29/02	Focus Point Holdings Berhad Announces Resignation of Soo Zin Chuen as Chief Financial Officer	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	81.4	211.2	209.5	285.4	328	344.2	-	-
Enterprise Value (EV) ¹	81.4	211.2	209.5	285.4	328	344.2	344.2	344.2
P/E ratio	6.86 x	13.2 x	14.9 x	7.96 x	10.9 x	9.51 x	8.7 x	8.05 x
Yield	6.75%	3.13%	3.15%	3.47%	-	4.79%	4.88%	6.24%
Capitalization / Revenue	0.43 x	1.32 x	1.23 x	1.15 x	1.26 x	1.18 x	1.1 x	1.03 x
EV / Revenue	0.43 x	1.32 x	1.23 x	1.15 x	1.26 x	1.18 x	1.1 x	1.03 x
EV / EBITDA	2.91 x	3.74 x	3.48 x	3.21 x	3.72 x	3.66 x	3.33 x	3.01 x
EV / FCF	-	-	-	-	-	13.8 x	18.1 x	13.2 x
FCF Yield	-	-	-	-	-	7.26%	5.52%	7.55%
Price to Book	1.09 x	2.06 x	2.77 x	2.81 x	2.78 x	2.53 x	2.01 x	1.91 x
Nbr of stocks (in thousands)	4,62,000	4,61,999	4,61,999	4,61,999	4,61,999	4,61,999	-	-
Reference price ²	0.1762	0.4571	0.4536	0.6179	0.7100	0.7450	0.7450	0.7450
Announcement Date	27/02/20	24/02/21	22/02/22	21/02/23	22/02/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	191	159.6	170.4	248.8	260.9	291.3	313.7	335.4
EBITDA ¹	28.01	56.43	60.23	88.86	88.26	93.93	103.3	114.5
EBIT ¹	19.89	20.56	24.91	51.61	44.4	55.8	61.35	63
Operating Margin	10.41%	12.88%	14.62%	20.74%	17.02%	19.15%	19.56%	18.78%
Earnings before Tax (EBT) ¹	15.2	15.62	20.7	47.86	39.89	50.23	55.8	58.6
Net income ¹	9.888	10.64	14.05	35.86	30.15	35.47	39.1	42.15
Net margin	5.18%	6.66%	8.24%	14.41%	11.56%	12.17%	12.47%	12.57%
EPS ²	0.0257	0.0346	0.0304	0.0776	0.0653	0.0783	0.0857	0.0925
Free Cash Flow ¹	-	-	-	-	-	25	19	26
FCF margin	-	-	-	-	-	8.58%	6.06%	7.75%
FCF Conversion (EBITDA)	-	-	-	-	-	26.61%	18.39%	22.71%
FCF Conversion (Net income)	-	-	-	-	-	70.49%	48.59%	61.68%
Dividend per Share ²	0.0119	0.0143	0.0143	0.0214	-	0.0357	0.0363	0.0465
Announcement Date	27/02/20	24/02/21	22/02/22	21/02/23	22/02/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	-	-	-	-	-	25	19	26
ROE (net income / shareholders' equity)	16.6%	15.6%	19.5%	40.4%	27.4%	26.6%	25.3%	26.7%
ROA (Net income/ Total Assets)	5.87%	5.34%	6.63%	14.4%	11%	11.1%	11.4%	-
Assets ¹	168.4	199.4	211.9	249.6	274.1	319.5	343	-
Book Value Per Share ²	0.1600	0.2200	0.1600	0.2200	0.2600	0.3000	0.3700	0.3900
Cash Flow per Share ²	-	-	0.1200	-	0.1200	0.0400	0.0400	-
Capex ¹	3.62	5.68	1.42	8.52	7.94	6.25	6	-
Capex / Sales	1.9%	3.56%	0.83%	3.42%	3.04%	2.15%	1.91%	-
Announcement Date	27/02/20	24/02/21	22/02/22	21/02/23	22/02/24	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.745 MYR

Average target price

1.053 MYR

Spread / Average Target

+41.39%

	1st Jan change	Capi.
FOCUS POINT HOLDINGS	+4.93%	72.62M
FIELMANN GROUP AG	-3.37%	4.25B
NATIONAL VISION HOLDINGS, INC.	-14.48%	1.41B
SYNSAM AB	+11.35%	701M
JINS HOLDINGS INC.	-30.64%	498M
DOCTORGLASSES CHAIN CO.,LTD.	-20.22%	381M
FORMOSA OPTICAL TECHNOLOGY CO.,LTD.	+23.06%	192M
PARIS MIKI HOLDINGS INC.	-21.01%	135M
KITS EYECARE LTD.	-7.37%	133M
SILMÄASEMA OYJ	+0.33%	92.65M