Financials Ocean Vantage Holdings

Equities

OVH

MYQ0220OO002

Oil Related Services and Equipment

End-of-day quote BURSA MALAYSIA 03:30:00 26/06/2024 am IST 5-day change 1st Jan Change
0.185 MYR -5.13% Intraday chart for Ocean Vantage Holdings -2.63% -15.91%

Valuation

Fiscal Period: December 2020 2021 2022 2023
Capitalization 1 182.9 106.9 69.29 92.39
Enterprise Value (EV) 1 165.8 97.43 73.14 82.88
P/E ratio 22.1 x 10.7 x -63.2 x 26.5 x
Yield - - - -
Capitalization / Revenue 2.48 x 0.85 x 0.45 x 0.54 x
EV / Revenue 2.25 x 0.78 x 0.47 x 0.49 x
EV / EBITDA 15.6 x 6.77 x 11.8 x 22.9 x
EV / FCF -31.9 x -11.5 x -7.66 x 7.57 x
FCF Yield -3.13% -8.73% -13.1% 13.2%
Price to Book 3.67 x 1.79 x 1.14 x 1.44 x
Nbr of stocks (in thousands) 4,11,000 4,11,000 4,19,940 4,19,940
Reference price 2 0.4450 0.2600 0.1650 0.2200
Announcement Date 30/03/21 29/04/22 28/04/23 29/04/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 30.49 58.28 73.75 125.5 155.1 169.7
EBITDA 1 7.392 9.541 10.64 14.39 6.176 3.627
EBIT 1 6.967 8.925 9.822 13.49 4.401 1.295
Operating Margin 22.85% 15.31% 13.32% 10.75% 2.84% 0.76%
Earnings before Tax (EBT) 1 7.01 9.148 10.31 13.57 4.251 1.013
Net income 1 5.173 6.917 7.318 10.04 -1.097 3.501
Net margin 16.97% 11.87% 9.92% 8% -0.71% 2.06%
EPS 2 0.0126 0.0168 0.0202 0.0244 -0.002612 0.008299
Free Cash Flow 1 -0.2599 1.198 -5.194 -8.507 -9.547 10.94
FCF margin -0.85% 2.05% -7.04% -6.78% -6.16% 6.45%
FCF Conversion (EBITDA) - 12.55% - - - 301.77%
FCF Conversion (Net income) - 17.31% - - - 312.56%
Dividend per Share - 1.000 - - - -
Announcement Date 30/06/20 30/06/20 30/03/21 29/04/22 28/04/23 29/04/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 0.22 - - - 3.85 -
Net Cash position 1 - 0.51 17.1 9.43 - 9.5
Leverage (Debt/EBITDA) 0.0295 x - - - 0.6238 x -
Free Cash Flow 1 -0.26 1.2 -5.19 -8.51 -9.55 10.9
ROE (net income / shareholders' equity) 35.1% 36.1% 20.2% 17.6% -1.84% 5.59%
ROA (Net income/ Total Assets) 21.9% 22.2% 14.2% 12.6% 3.13% 0.74%
Assets 1 23.66 31.09 51.7 79.94 -35.03 473.3
Book Value Per Share 2 0.0500 0.0700 0.1200 0.1500 0.1400 0.1500
Cash Flow per Share 2 0 0.0100 0.0400 0.0300 0.0100 0.0400
Capex 1 0.71 3.31 1.28 0.85 2.52 1.28
Capex / Sales 2.34% 5.67% 1.74% 0.67% 1.62% 0.75%
Announcement Date 30/06/20 30/06/20 30/03/21 29/04/22 28/04/23 29/04/24
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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