Financials MAA Group

Equities

MAA

MYL1198OO000

Property & Casualty Insurance

End-of-day quote BURSA MALAYSIA 03:30:00 26/04/2024 am IST 5-day change 1st Jan Change
0.385 MYR -3.75% Intraday chart for MAA Group +8.45% -3.75%

Valuation

Fiscal Period: Juni 2018 2019 2020 2022 2023
Capitalization 1 177.8 263.9 194.6 125.3 81.76
Enterprise Value (EV) 1 -183.1 -76.67 -115.6 51.07 65.24
P/E ratio -6.48 x -8.45 x 4.86 x -1.02 x -57.7 x
Yield 4.62% 6.22% - - -
Capitalization / Revenue 1.89 x 1.88 x 1.01 x 0.71 x 0.37 x
EV / Revenue -1.94 x -0.54 x -0.6 x 0.29 x 0.29 x
EV / EBITDA 6.91 x 4.21 x -2.72 x -0.92 x -8.29 x
EV / FCF 9 x -2.58 x -7.32 x 0.43 x -23 x
FCF Yield 11.1% -38.7% -13.7% 234% -4.35%
Price to Book 0.34 x 0.54 x 0.36 x 0.33 x 0.21 x
Nbr of stocks (in thousands) 2,73,518 2,73,518 2,70,325 2,63,732 2,63,732
Reference price 2 0.6500 0.9650 0.7200 0.4750 0.3100
Announcement Date 30/04/19 29/05/20 30/04/21 31/10/22 31/10/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Juni 2018 2019 2020 2022 2023
Net sales 1 94.25 140.7 193.1 175.9 223.8
EBITDA 1 -26.5 -18.23 42.48 -55.34 -7.869
EBIT 1 -27.46 -20.47 39.35 -59.68 -13.09
Operating Margin -29.13% -14.55% 20.38% -33.92% -5.85%
Earnings before Tax (EBT) 1 -24.37 -29.52 44.9 -128.8 -0.222
Net income 1 -27.46 -31.22 39.79 -122.5 -1.416
Net margin -29.13% -22.18% 20.61% -69.61% -0.63%
EPS 2 -0.1004 -0.1142 0.1482 -0.4644 -0.005369
Free Cash Flow 1 -20.34 29.69 15.79 119.4 -2.836
FCF margin -21.58% 21.1% 8.18% 67.88% -1.27%
FCF Conversion (EBITDA) - - 37.17% - -
FCF Conversion (Net income) - - 39.69% - -
Dividend per Share 2 0.0300 0.0600 - - -
Announcement Date 30/04/19 29/05/20 30/04/21 31/10/22 31/10/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: Juni 2018 2019 2020 2022 2023
Net Debt 1 - - - - -
Net Cash position 1 361 341 310 74.2 16.5
Leverage (Debt/EBITDA) - - - - -
Free Cash Flow 1 -20.3 29.7 15.8 119 -2.84
ROE (net income / shareholders' equity) -4.99% -6.1% 7.53% -29.8% -3.17%
ROA (Net income/ Total Assets) -2.24% -1.6% 2.86% -4.56% -1.02%
Assets 1 1,228 1,947 1,391 2,687 138.5
Book Value Per Share 2 1.940 1.790 2.020 1.440 1.480
Cash Flow per Share 2 0.9200 0.9000 0.4200 0.2000 0.1300
Capex 1 0.53 3.4 6.2 10 6.51
Capex / Sales 0.57% 2.42% 3.21% 5.68% 2.91%
Announcement Date 30/04/19 29/05/20 30/04/21 31/10/22 31/10/23
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA