Financials Media Prima

Equities

MEDIA

MYL4502OO000

Broadcasting

End-of-day quote BURSA MALAYSIA 03:30:00 03/05/2024 am IST 5-day change 1st Jan Change
0.45 MYR -2.17% Intraday chart for Media Prima +2.27% -3.23%

Valuation

Fiscal Period: June 2019 2020 2021 2023 2024 2025 2026
Capitalization 1 532.4 228.7 678.5 449.2 499.1 - -
Enterprise Value (EV) 1 530 228.7 678.5 277.4 409.7 318.7 206.5
P/E ratio -2.99 x -9.04 x 8.94 x 6.95 x 19.9 x 14.5 x 12.3 x
Yield - - 3.37% 3.7% 3.26% 3.37% 3.56%
Capitalization / Revenue 0.48 x 0.22 x 0.61 x 0.31 x 0.5 x 0.49 x 0.46 x
EV / Revenue 0.48 x 0.22 x 0.61 x 0.19 x 0.41 x 0.31 x 0.19 x
EV / EBITDA 7.02 x 1.99 x 3.25 x 1.1 x 3.03 x 2.08 x 1.27 x
EV / FCF 4.45 x -20.4 x 4.81 x 1.27 x 2.58 x 1.6 x 0.95 x
FCF Yield 22.5% -4.91% 20.8% 78.8% 38.8% 62.6% 105%
Price to Book 0.89 x 0.29 x 0.78 x 0.66 x 0.7 x 0.68 x 0.66 x
Nbr of stocks (in thousands) 11,09,199 15,24,735 15,24,735 11,09,199 11,09,199 - -
Reference price 2 0.4800 0.1500 0.4450 0.4050 0.4500 0.4500 0.4500
Announcement Date 26/02/20 25/02/21 23/02/22 30/08/23 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2023 2024 2025 2026
Net sales 1 1,106 1,042 1,120 1,432 990.8 1,027 1,077
EBITDA 1 75.45 115.2 209 253.1 135.1 153.2 163.1
EBIT 1 -48.32 2.312 117.3 129.3 53.4 68.84 75.53
Operating Margin -4.37% 0.22% 10.47% 9.03% 5.39% 6.7% 7.01%
Earnings before Tax (EBT) 1 -173 -5.787 90.22 114 45.17 58.37 66.1
Net income 1 -177.8 -18.38 55.23 64.62 27.45 34.72 39.58
Net margin -16.08% -1.76% 4.93% 4.51% 2.77% 3.38% 3.67%
EPS 2 -0.1603 -0.0166 0.0498 0.0583 0.0227 0.0310 0.0366
Free Cash Flow 1 119.1 -11.23 140.9 218.5 158.8 199.5 217
FCF margin 10.77% -1.08% 12.58% 15.26% 16.03% 19.42% 20.14%
FCF Conversion (EBITDA) 157.81% - 67.42% 86.32% 117.54% 130.26% 133.05%
FCF Conversion (Net income) - - 255.14% 338.14% 578.51% 574.65% 548.26%
Dividend per Share 2 - - 0.0150 0.0150 0.0147 0.0152 0.0160
Announcement Date 26/02/20 25/02/21 23/02/22 30/08/23 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2023 Q1 2023 Q3
Net sales 1 237.2 247.5
EBITDA 1 - 33.86
EBIT 1 - 15.97
Operating Margin - 6.45%
Earnings before Tax (EBT) 1 - 14
Net income 1 - 3.94
Net margin - 1.59%
EPS 2 0.006500 0.003600
Dividend per Share - -
Announcement Date 29/11/22 24/05/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2023 2024 2025 2026
Net Debt 1 - - - - - - -
Net Cash position 1 2.38 - - 172 89.4 180 293
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 1 119 -11.2 141 219 159 200 217
ROE (net income / shareholders' equity) -25.3% -3.13% 9.14% 9.85% 4.53% 5.32% 6.1%
ROA (Net income/ Total Assets) -13.1% -1.33% 3.97% 4.6% 2.3% 3.08% 4.01%
Assets 1 1,363 1,386 1,391 1,406 1,196 1,129 987.9
Book Value Per Share 2 0.5400 0.5200 0.5700 0.6100 0.6500 0.6600 0.6900
Cash Flow per Share 2 0.1200 -0 0.2400 0.2600 0.1100 0.1100 -
Capex 1 17.6 11.2 127 70.2 26.5 26.5 26.6
Capex / Sales 1.59% 1.07% 11.3% 4.9% 2.67% 2.58% 2.47%
Announcement Date 26/02/20 25/02/21 23/02/22 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
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
7
Last Close Price
0.45 MYR
Average target price
0.3971 MYR
Spread / Average Target
-11.75%
Consensus

Annual profits - Rate of surprise

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