Financials Lagenda Properties

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 03:30:00 13/05/2024 am IST			5-day change	1st Jan Change
1.64 ^MYR	0.00%		+11.56%	+32.26%

28/02	Lagenda Properties Berhad Declares Single Tier Interim Dividend for the Financial Year Ended December 31, 2023, Payable on 30 April 2024	CI
28/02	Lagenda Properties Berhad Reports Earnings Results for the Full Year Ended December 31, 2023	CI

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	585	1,102	996.4	1,038	1,373	-	-
Enterprise Value (EV) ¹	585	1,073	996.4	1,038	1,373	1,373	1,373
P/E ratio	3.72 x	6.77 x	6.66 x	7.82 x	7.52 x	6.39 x	5.44 x
Yield	-	4.85%	5.46%	5.24%	4.31%	4.88%	5.57%
Capitalization / Revenue	-	1.32 x	1.15 x	1.23 x	1.21 x	1.03 x	0.87 x
EV / Revenue	-	1.32 x	1.15 x	1.23 x	1.21 x	1.03 x	0.87 x
EV / EBITDA	-	3.75 x	3.7 x	4.32 x	3.74 x	3.17 x	2.93 x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	-	1.22 x	0.98 x	0.94 x	1.14 x	1.03 x	0.9 x
Nbr of stocks (in thousands)	4,83,489	8,22,431	8,37,327	8,37,327	8,37,327	-	-
Reference price ²	1.210	1.340	1.190	1.240	1.640	1.640	1.640
Announcement Date	22/02/21	22/02/22	27/02/23	28/02/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	-	835.5	868.1	843.3	1,131	1,331	1,584
EBITDA ¹	-	293.5	269.4	240.6	367	433.8	468.7
EBIT ¹	-	291.1	266.1	235.6	359.5	424.6	457.3
Operating Margin	-	34.84%	30.65%	27.94%	31.8%	31.89%	28.88%
Earnings before Tax (EBT) ¹	-	277.9	250.8	217.3	293.4	347.6	415.4
Net income ¹	140.9	200.4	177.7	152.9	210	249.1	292.4
Net margin	-	23.99%	20.47%	18.14%	18.58%	18.71%	18.46%
EPS ²	0.3257	0.1978	0.1788	0.1585	0.2180	0.2567	0.3013
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	-	0.0650	0.0650	0.0650	0.0707	0.0800	0.0913
Announcement Date	22/02/21	22/02/22	27/02/23	28/02/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-
Net Cash position	-	29.4	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	26.8%	18.7%	13.8%	15.7%	17.4%	18.3%
ROA (Net income/ Total Assets)	-	15.4%	-	22.3%	8.6%	8.9%	9%
Assets ¹	-	1,302	-	687.2	2,442	2,799	3,249
Book Value Per Share ²	-	1.100	1.210	1.320	1.430	1.600	1.820
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	-	62.1	-	18.3	21.8	26.1	-
Capex / Sales	-	7.43%	-	2.17%	1.93%	1.96%	-
Announcement Date	22/02/21	22/02/22	27/02/23	28/02/24	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.64 MYR

Average target price

1.86 MYR

Spread / Average Target

+13.41%

	1st Jan change	Capi.
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VINHOMES	-7.18%	690.23Cr
VINGROUP	+0.90%	657.63Cr
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OPEN HOUSE GROUP CO., LTD.	+17.07%	371.45Cr