Financials Rimbunan Sawit

Equities

RSAWIT

MYL5113OO005

Food Processing

End-of-day quote BURSA MALAYSIA 03:30:00 09/05/2024 am IST 5-day change 1st Jan Change
0.25 MYR -1.96% Intraday chart for Rimbunan Sawit 0.00% +66.67%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 296.5 822.6 710.2 418.6 336.9 306.3
Enterprise Value (EV) 1 831.7 1,328 1,118 788 674.8 642.8
P/E ratio -2.37 x -17 x -13 x -64.1 x -829 x 12.2 x
Yield - - - - - -
Capitalization / Revenue 0.88 x 2.89 x 1.84 x 0.77 x 0.5 x 0.6 x
EV / Revenue 2.46 x 4.66 x 2.9 x 1.46 x 1 x 1.27 x
EV / EBITDA -34 x 48 x 46.4 x 12.1 x 10.6 x 23.2 x
EV / FCF 8.65 x -29.5 x 21 x 18.6 x 18 x -6.43 x
FCF Yield 11.6% -3.39% 4.77% 5.38% 5.54% -15.5%
Price to Book 0.74 x 2.34 x 1.47 x 1.09 x 0.88 x 0.75 x
Nbr of stocks (in thousands) 19,13,118 19,13,118 25,36,353 20,41,722 20,41,722 20,41,722
Reference price 2 0.1550 0.4300 0.2800 0.2050 0.1650 0.1500
Announcement Date 30/04/19 30/06/20 30/04/21 29/04/22 28/04/23 30/04/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 338.7 284.7 385.5 541.5 675.9 507.8
EBITDA 1 -24.46 27.65 24.1 65.19 63.88 27.75
EBIT 1 -92.93 -36.06 -37.57 4.848 2.125 -36.61
Operating Margin -27.44% -12.67% -9.75% 0.9% 0.31% -7.21%
Earnings before Tax (EBT) 1 -184.1 -68.81 -47.01 2.909 5.991 17.33
Net income 1 -133.5 -51.57 -44.12 -6.532 -0.3298 25.11
Net margin -39.43% -18.11% -11.45% -1.21% -0.05% 4.95%
EPS 2 -0.0654 -0.0253 -0.0216 -0.003199 -0.000199 0.0123
Free Cash Flow 1 96.16 -45.02 53.37 42.41 37.42 -99.96
FCF margin 28.39% -15.81% 13.85% 7.83% 5.54% -19.69%
FCF Conversion (EBITDA) - - 221.42% 65.05% 58.57% -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 30/04/19 30/06/20 30/04/21 29/04/22 28/04/23 30/04/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 535 505 408 369 338 337
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) -21.88 x 18.28 x 16.93 x 5.667 x 5.29 x 12.13 x
Free Cash Flow 1 96.2 -45 53.4 42.4 37.4 -100
ROE (net income / shareholders' equity) -26.6% -13.8% -14.2% -1.92% -1.63% 3.63%
ROA (Net income/ Total Assets) -4.33% -1.93% -2.31% 0.34% 0.15% -2.69%
Assets 1 3,083 2,668 1,911 -1,940 -215.9 -935.2
Book Value Per Share 2 0.2100 0.1800 0.1900 0.1900 0.1900 0.2000
Cash Flow per Share 2 0 0 0 0 0 0
Capex 1 67.3 13.7 7.53 16.1 25.4 37.4
Capex / Sales 19.87% 4.81% 1.95% 2.98% 3.75% 7.37%
Announcement Date 30/04/19 30/06/20 30/04/21 29/04/22 28/04/23 30/04/24
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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