Financials MSM Malaysia Holdings

Equities

MSM

MYL5202OO006

Food Processing

End-of-day quote BURSA MALAYSIA 03:30:00 06/05/2024 am IST 5-day change 1st Jan Change
3.45 MYR +3.92% Intraday chart for MSM Malaysia Holdings +6.81% +114.29%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 618.6 400.7 899.8 597.5 1,132 2,425 - -
Enterprise Value (EV) 1 618.6 400.7 899.8 597.5 1,132 1,647 1,194 707.9
P/E ratio -2.06 x -5.63 x 7.18 x -3.34 x -22.7 x 10.3 x 7.09 x 6.51 x
Yield - - 2.34% 3.53% - 0.72% 1.71% 1.74%
Capitalization / Revenue 0.31 x 0.18 x 0.4 x 0.23 x 0.37 x 0.59 x 0.53 x 0.49 x
EV / Revenue 0.31 x 0.18 x 0.4 x 0.23 x 0.37 x 0.4 x 0.26 x 0.14 x
EV / EBITDA -4.65 x 2.6 x 4.32 x -8.82 x 12.5 x 4.02 x 1.89 x 1.11 x
EV / FCF 24,68,723 x - 3,39,34,771 x -2,71,56,888 x - - - -
FCF Yield 0% - 0% -0% - - - -
Price to Book 0.37 x 0.25 x 0.52 x 0.4 x 0.77 x - - -
Nbr of stocks (in thousands) 7,02,980 7,02,980 7,02,980 7,02,980 7,02,980 7,02,980 - -
Reference price 2 0.8800 0.5700 1.280 0.8500 1.610 3.450 3.450 3.450
Announcement Date 25/02/20 25/02/21 22/02/22 22/02/23 22/02/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 2,007 2,184 2,260 2,566 3,091 4,094 4,552 4,927
EBITDA 1 -133 154.1 208.4 -67.78 90.88 410.1 631.7 637.6
EBIT 1 -221.4 67.78 125.6 -150.6 11.82 306.8 438.6 470
Operating Margin -11.03% 3.1% 5.56% -5.87% 0.38% 7.49% 9.63% 9.54%
Earnings before Tax (EBT) 1 -299.6 35.85 81.1 -178.5 -28.01 273.8 406.6 439
Net income 1 -299.8 -71.23 125.4 -178.7 -49.88 236.6 342 372.8
Net margin -14.94% -3.26% 5.55% -6.96% -1.61% 5.78% 7.51% 7.57%
EPS 2 -0.4264 -0.1013 0.1783 -0.2542 -0.0710 0.3365 0.4865 0.5300
Free Cash Flow 250.6 - 26.52 -22 - - - -
FCF margin 12.49% - 1.17% -0.86% - - - -
FCF Conversion (EBITDA) - - 12.72% - - - - -
FCF Conversion (Net income) - - 21.15% - - - - -
Dividend per Share 2 - - 0.0300 0.0300 - 0.0250 0.0590 0.0600
Announcement Date 25/02/20 25/02/21 22/02/22 22/02/23 22/02/24 - - -
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 - - - - - 779 1,231 1,717
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 251 - 26.5 -22 - - - -
ROE (net income / shareholders' equity) -16.6% -4.4% 7.61% -11.1% -3.35% 11.7% 18.3% 15.3%
ROA (Net income/ Total Assets) -9.03% -2.48% 4.44% -6.29% - - - -
Assets 1 3,318 2,876 2,821 2,841 - - - -
Book Value Per Share 2.360 2.250 2.440 2.150 2.080 - - -
Cash Flow per Share - - - - - - - -
Capex 25 29.2 35.4 51.2 - - - -
Capex / Sales 1.24% 1.34% 1.57% 1.99% - - - -
Announcement Date 25/02/20 25/02/21 22/02/22 22/02/23 22/02/24 - - -
1MYR in Million
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
BUY
Number of Analysts
2
Last Close Price
3.45 MYR
Average target price
3.83 MYR
Spread / Average Target
+11.01%
Consensus

Annual profits - Rate of surprise

  1. Stock Market
  2. Equities
  3. MSM Stock
  4. Financials MSM Malaysia Holdings
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