Financials Macau E&M Holding Limited

Equities

1408

KYG5830C1015

Construction & Engineering

Market Closed - Hong Kong S.E. 01:38:12 17/06/2024 pm IST 5-day change 1st Jan Change
0.178 HKD 0.00% Intraday chart for Macau E&M Holding Limited 0.00% +14.84%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 252.4 128.7 123.6 79.82
Enterprise Value (EV) 1 100 -44.32 6.537 -49.03
P/E ratio 8.11 x 4.91 x 13.3 x -21.2 x
Yield - 8.12% 4.5% -
Capitalization / Revenue 0.91 x 0.7 x 0.86 x 0.62 x
EV / Revenue 0.36 x -0.24 x 0.05 x -0.38 x
EV / EBITDA 2.26 x -1.58 x 0.7 x 7.55 x
EV / FCF 2.08 x -3.43 x -0.16 x -3.24 x
FCF Yield 48% -29.1% -630% -30.8%
Price to Book 1.2 x 0.54 x 0.58 x 0.39 x
Nbr of stocks (in thousands) 5,00,000 5,00,000 5,00,000 5,00,000
Reference price 2 0.5047 0.2575 0.2472 0.1596
Announcement Date 16/04/21 21/04/22 19/04/23 18/04/24
1MOP in Million2MOP
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 218.3 237.7 276.8 184.5 143 128.3
EBITDA 1 42.42 46.43 44.26 28.13 9.31 -6.495
EBIT 1 42.04 46.05 43.96 27.84 9.127 -7.589
Operating Margin 19.26% 19.38% 15.88% 15.09% 6.38% -5.92%
Earnings before Tax (EBT) 1 32.4 45.99 29.76 29.1 10.52 -3.803
Net income 1 27.43 40.54 26.67 26.24 9.312 -3.759
Net margin 12.57% 17.06% 9.64% 14.22% 6.51% -2.93%
EPS 2 0.0691 0.1021 0.0623 0.0525 0.0186 -0.007518
Free Cash Flow 1 24.44 4.496 47.98 12.92 -41.2 15.12
FCF margin 11.2% 1.89% 17.34% 7% -28.8% 11.78%
FCF Conversion (EBITDA) 57.61% 9.68% 108.41% 45.92% - -
FCF Conversion (Net income) 89.09% 11.09% 179.9% 49.22% - -
Dividend per Share - - - 0.0209 0.0111 -
Announcement Date 31/08/20 31/08/20 16/04/21 21/04/22 19/04/23 18/04/24
1MOP in Million2MOP
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 23.5 38.9 152 173 117 129
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 24.4 4.5 48 12.9 -41.2 15.1
ROE (net income / shareholders' equity) 51.6% 49.3% 17.1% 11.8% 4.13% -1.79%
ROA (Net income/ Total Assets) 27% 20.5% 12.9% 6.5% 2.13% -1.83%
Assets 1 101.5 197.5 207.4 404 436.5 205.9
Book Value Per Share 2 0.1600 0.2600 0.4200 0.4700 0.4300 0.4100
Cash Flow per Share 2 0.0500 0.0900 0.1800 0.1000 0.0400 0.2300
Capex 1 0.45 0.01 0.02 0.14 36.3 2.7
Capex / Sales 0.21% 0% 0.01% 0.07% 25.4% 2.1%
Announcement Date 31/08/20 31/08/20 16/04/21 21/04/22 19/04/23 18/04/24
1MOP in Million2MOP
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. 1408 Stock
  4. Financials Macau E&M Holding Limited