Financials Riverview Rubber Estates,

Equities

RVIEW

MYL2542OO008

Fishing & Farming

End-of-day quote BURSA MALAYSIA 03:30:00 15/05/2024 am IST 5-day change 1st Jan Change
3.26 MYR +1.24% Intraday chart for Riverview Rubber Estates, 0.00% -0.61%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 201 191.3 203 216.6 246.4 212.7
Enterprise Value (EV) 1 163.1 150.9 148.9 130.4 177 167.9
P/E ratio 39.6 x 87.7 x 18 x 9.32 x 17.5 x 34 x
Yield 1.94% 1.02% 0.96% 1.2% 1.58% 2.74%
Capitalization / Revenue 7.01 x 7.44 x 5.56 x 3.87 x 4.49 x 6.18 x
EV / Revenue 5.69 x 5.87 x 4.08 x 2.33 x 3.22 x 4.88 x
EV / EBITDA 17.4 x 22.1 x 7.98 x 3.97 x 7.89 x 16.9 x
EV / FCF -20.7 x 54.2 x 10.3 x 4.88 x 13.4 x -14.9 x
FCF Yield -4.83% 1.85% 9.68% 20.5% 7.45% -6.7%
Price to Book 0.76 x 0.72 x 0.75 x 0.57 x 0.67 x 0.6 x
Nbr of stocks (in thousands) 64,850 64,850 64,850 64,850 64,850 64,850
Reference price 2 3.100 2.950 3.130 3.340 3.800 3.280
Announcement Date 26/04/19 01/06/20 28/04/21 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 28.66 25.7 36.48 55.96 54.92 34.43
EBITDA 1 9.383 6.817 18.65 32.82 22.44 9.959
EBIT 1 6.45 4.895 16.85 31.01 20.65 7.967
Operating Margin 22.5% 19.05% 46.18% 55.42% 37.6% 23.14%
Earnings before Tax (EBT) 1 6.855 3.096 14.1 32.21 21.74 9.112
Net income 1 5.074 2.182 11.25 23.23 14.08 6.247
Net margin 17.7% 8.49% 30.85% 41.51% 25.63% 18.15%
EPS 2 0.0782 0.0336 0.1736 0.3582 0.2171 0.0963
Free Cash Flow 1 -7.874 2.787 14.41 26.74 13.18 -11.25
FCF margin -27.47% 10.84% 39.5% 47.79% 23.99% -32.67%
FCF Conversion (EBITDA) - 40.88% 77.24% 81.49% 58.72% -
FCF Conversion (Net income) - 127.72% 128.01% 115.12% 93.58% -
Dividend per Share 2 0.0600 0.0300 0.0300 0.0400 0.0600 0.0900
Announcement Date 26/04/19 01/06/20 28/04/21 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 - - - - - -
Net Cash position 1 37.9 40.4 54.1 86.2 69.5 44.8
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -7.87 2.79 14.4 26.7 13.2 -11.2
ROE (net income / shareholders' equity) 1.7% 0.47% 3.77% 7.12% 3.82% 1.73%
ROA (Net income/ Total Assets) 1.28% 0.99% 3.39% 5.17% 3.03% 1.22%
Assets 1 397.1 219.4 332 449.6 464.9 512.2
Book Value Per Share 2 4.100 4.100 4.180 5.840 5.660 5.500
Cash Flow per Share 2 0.0700 0.0700 0.1300 0.2800 0.0800 0.0700
Capex 1 2.52 0.5 1.33 1.1 5.59 7.89
Capex / Sales 8.79% 1.93% 3.64% 1.97% 10.17% 22.93%
Announcement Date 26/04/19 01/06/20 28/04/21 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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