Financials TPC Plus

Equities

TPC

MYL7176OO000

Fishing & Farming

End-of-day quote BURSA MALAYSIA 03:30:00 19/06/2024 am IST 5-day change 1st Jan Change
0.375 MYR +2.74% Intraday chart for TPC Plus 0.00% +20.97%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 78.32 71.31 56.02 58.56 61.65 95.55
Enterprise Value (EV) 1 119 115.9 116.4 113.7 102.7 125.6
P/E ratio 27.5 x 39.6 x -2.37 x -1.97 x 8.42 x 2.2 x
Yield - - - - - -
Capitalization / Revenue 0.37 x 0.29 x 0.23 x 0.19 x 0.14 x 0.21 x
EV / Revenue 0.56 x 0.47 x 0.48 x 0.38 x 0.23 x 0.28 x
EV / EBITDA 7.08 x 6.21 x -6.61 x -5.53 x 11.5 x 9.31 x
EV / FCF 76.3 x -191 x 103 x 24.1 x 12.9 x -3.25 x
FCF Yield 1.31% -0.52% 0.97% 4.16% 7.76% -30.8%
Price to Book 0.92 x 0.82 x 0.84 x 0.93 x 0.88 x 0.84 x
Nbr of stocks (in thousands) 2,33,795 2,33,795 2,43,557 3,08,233 3,08,233 3,08,233
Reference price 2 0.3350 0.3050 0.2300 0.1900 0.2000 0.3100
Announcement Date 30/04/19 30/04/20 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 1 213.1 245.4 241.8 302.2 438.1 452.6
EBITDA 1 16.81 18.65 -17.63 -20.56 8.916 13.49
EBIT 1 7.725 10.17 -26.05 -28.42 -0.8245 3.352
Operating Margin 3.63% 4.14% -10.77% -9.41% -0.19% 0.74%
Earnings before Tax (EBT) 1 4.451 4.159 -29.12 -30.98 7.386 49.9
Net income 1 3.289 2.084 -22.75 -28.45 7.318 43.41
Net margin 1.54% 0.85% -9.41% -9.41% 1.67% 9.59%
EPS 2 0.0122 0.007700 -0.0970 -0.0966 0.0237 0.1408
Free Cash Flow 1 1.559 -0.6066 1.13 4.728 7.975 -38.69
FCF margin 0.73% -0.25% 0.47% 1.56% 1.82% -8.55%
FCF Conversion (EBITDA) 9.27% - - - 89.44% -
FCF Conversion (Net income) 47.41% - - - 108.97% -
Dividend per Share - - - - - -
Announcement Date 30/04/19 30/04/20 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 40.6 44.6 60.4 55.2 41.1 30
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.417 x 2.391 x -3.427 x -2.684 x 4.609 x 2.226 x
Free Cash Flow 1 1.56 -0.61 1.13 4.73 7.97 -38.7
ROE (net income / shareholders' equity) 3.93% 2.41% -29.5% -43.9% 11% 47.2%
ROA (Net income/ Total Assets) 2.66% 3.29% -8.11% -8.36% -0.23% 0.78%
Assets 1 123.8 63.35 280.6 340.2 -3,189 5,557
Book Value Per Share 2 0.3600 0.3700 0.2700 0.2000 0.2300 0.3700
Cash Flow per Share 2 0.0300 0.0200 0.0300 0.0300 0.0400 0.1400
Capex 1 7.77 0.13 0.15 0.01 0.28 23.3
Capex / Sales 3.65% 0.05% 0.06% 0% 0.06% 5.14%
Announcement Date 30/04/19 30/04/20 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