Financials Hong Leong Bank

Equities

HLBANK

MYL5819OO007

Banks

End-of-day quote BURSA MALAYSIA 03:30:00 30/04/2024 am IST 5-day change 1st Jan Change
19.3 MYR -0.41% Intraday chart for Hong Leong Bank -1.13% +2.12%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 38,878 28,822 38,325 41,909 38,849 39,435 - -
Enterprise Value (EV) 1 38,878 28,822 38,325 41,909 38,849 39,435 39,435 39,435
P/E ratio 14.6 x 11.6 x 13.4 x 12.7 x 10.2 x 9.81 x 9.1 x 8.4 x
Yield 2.63% 2.56% 2.67% 2.69% 3.11% 3.51% 3.81% 4.15%
Capitalization / Revenue 8.23 x 6.03 x 7.01 x 7.49 x 6.83 x 6.69 x 6.21 x 5.8 x
EV / Revenue 8.23 x 6.03 x 7.01 x 7.49 x 6.83 x 6.69 x 6.21 x 5.8 x
EV / EBITDA - - - - - - - -
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Price to Book 1.53 x 1.06 x 1.3 x 1.35 x 1.14 x 1.09 x 1.01 x 0.93 x
Nbr of stocks (in thousands) 20,46,225 20,47,041 20,47,277 20,48,352 20,49,020 20,49,619 - -
Reference price 2 19.00 14.08 18.72 20.46 18.96 19.24 19.24 19.24
Announcement Date 28/08/19 28/08/20 30/08/21 30/08/22 30/08/23 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,726 4,778 5,467 5,597 5,686 5,899 6,345 6,793
EBITDA - - - - - - - -
EBIT 1 2,634 2,675 3,389 3,499 3,452 3,591 3,904 4,202
Operating Margin 55.74% 55.97% 61.99% 62.51% 60.72% 60.88% 61.53% 61.86%
Earnings before Tax (EBT) 1 3,186 2,989 3,471 4,367 4,627 4,917 5,303 5,754
Net income 1 2,665 2,495 2,861 3,289 3,818 4,063 4,384 4,737
Net margin 56.38% 52.21% 52.33% 58.76% 67.16% 68.87% 69.09% 69.73%
EPS 2 1.300 1.219 1.397 1.605 1.863 1.961 2.114 2.291
Free Cash Flow - - - - - - - -
FCF margin - - - - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - - - - - - -
Dividend per Share 2 0.5000 0.3600 0.5000 0.5500 0.5900 0.6746 0.7340 0.7975
Announcement Date 28/08/19 28/08/20 30/08/21 30/08/22 30/08/23 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2 2025 Q3
Net sales 1 1,380 1,371 1,348 1,498 1,500 1,486 1,396 1,303 1,394 1,465 1,488 1,527 1,559 1,592 1,620
EBITDA - - - - - - - - - - - - - - -
EBIT 1 872.7 858.3 - 938.3 - - 836.8 715.8 837.8 887.1 890 - - - -
Operating Margin 63.24% 62.59% - 62.62% - - 59.94% 54.93% 60.1% 60.56% 59.83% - - - -
Earnings before Tax (EBT) 1 1,042 1,077 1,031 1,217 1,187 1,287 1,112 1,040 1,243 1,341 1,221 1,248 1,306 1,342 1,371
Net income 1 858.3 738.6 784.8 907.6 981.4 1,042 930 864.7 1,030 1,088 1,005 1,029 1,078 1,107 1,131
Net margin 62.19% 53.87% 58.22% 60.57% 65.43% 70.12% 66.61% 66.35% 73.87% 74.28% 67.53% 67.43% 69.13% 69.54% 69.8%
EPS 2 0.4190 0.3600 0.3830 0.4430 0.4790 0.5090 0.4540 0.4220 0.5020 0.5310 0.4902 0.4994 0.5260 0.5404 0.5518
Dividend per Share 2 - 0.1800 - 0.3700 - 0.2100 - 0.3800 - - - 0.4933 - 0.2666 -
Announcement Date 29/11/21 28/02/22 30/05/22 30/08/22 29/11/22 28/02/23 31/05/23 30/08/23 30/11/23 28/02/24 - - - - -
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - - - - - - - -
ROE (net income / shareholders' equity) 10.8% 9.47% 10.1% 10.9% 11.8% 11.5% 11.5% 11.6%
ROA (Net income/ Total Assets) 1.3% 1.16% 1.25% 1.34% 1.43% 1.42% 1.46% 1.46%
Assets 1 2,05,129 2,14,331 2,28,851 2,45,469 2,67,007 2,85,491 3,00,649 3,24,454
Book Value Per Share 2 12.50 13.30 14.40 15.10 16.60 17.60 19.10 20.80
Cash Flow per Share - - - - - - - -
Capex - - - - - - - -
Capex / Sales - - - - - - - -
Announcement Date 28/08/19 28/08/20 30/08/21 30/08/22 30/08/23 - - -
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
A
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
15
Last Close Price
19.24 MYR
Average target price
22.99 MYR
Spread / Average Target
+19.51%
Consensus
  1. Stock Market
  2. Equities
  3. HLBANK Stock
  4. Financials Hong Leong Bank