Financials Acesian Partners Limited

Equities

5FW

SG1Q66923448

Environmental Services & Equipment

Market Closed - Singapore S.E. 07:57:51 17/05/2024 BST 5-day change 1st Jan Change
0.049 SGD -2.00% Intraday chart for Acesian Partners Limited +2.08% +13.95%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 5.982 5.483 5.483 7.976 20.72 20.5
Enterprise Value (EV) 1 -0.2249 1.919 2.068 -0.4292 2.667 2.141
P/E ratio 5 x -0.76 x 244 x 4.26 x 2.63 x 2.77 x
Yield - - - - - -
Capitalization / Revenue 0.29 x 0.45 x 0.58 x 0.54 x 0.54 x 1.3 x
EV / Revenue -0.01 x 0.16 x 0.22 x -0.03 x 0.07 x 0.14 x
EV / EBITDA -0.13 x -0.21 x 7.42 x -0.18 x 0.29 x 0.53 x
EV / FCF -0.22 x -3.33 x 32.9 x -0.09 x 0.37 x -0.63 x
FCF Yield -448% -30% 3.04% -1,151% 272% -160%
Price to Book 0.45 x 0.9 x 0.91 x 1.03 x 1.33 x 0.92 x
Nbr of stocks (in thousands) 498,498 498,498 498,498 498,498 493,371 476,846
Reference price 2 0.0120 0.0110 0.0110 0.0160 0.0420 0.0430
Announcement Date 10/04/19 15/04/20 09/04/21 05/04/22 05/04/23 09/04/24
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 20.54 12.25 9.523 14.81 38.17 15.79
EBITDA 1 1.717 -9.012 0.2786 2.321 9.325 4.031
EBIT 1 1.344 -9.546 -0.3804 2.057 8.943 3.698
Operating Margin 6.54% -77.91% -3.99% 13.89% 23.43% 23.42%
Earnings before Tax (EBT) 1 1.327 -7.072 0.0561 2.197 8.992 8.326
Net income 1 1.121 -7.16 0.0227 1.872 7.91 7.456
Net margin 5.46% -58.44% 0.24% 12.64% 20.72% 47.23%
EPS 2 0.002399 -0.0144 0.000045 0.003755 0.0160 0.0155
Free Cash Flow 1 1.008 -0.5766 0.0629 4.94 7.254 -3.419
FCF margin 4.91% -4.71% 0.66% 33.35% 19.01% -21.65%
FCF Conversion (EBITDA) 58.71% - 22.57% 212.79% 77.8% -
FCF Conversion (Net income) 89.92% - 277.19% 263.84% 91.7% -
Dividend per Share - - - - - -
Announcement Date 10/04/19 15/04/20 09/04/21 05/04/22 05/04/23 09/04/24
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 6.21 3.56 3.42 8.41 18.1 18.4
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1.01 -0.58 0.06 4.94 7.25 -3.42
ROE (net income / shareholders' equity) 9.38% -73.6% 0.81% 27.3% 66.8% 39.4%
ROA (Net income/ Total Assets) 3.63% -29.3% -1.68% 7.99% 23.9% 7.95%
Assets 1 30.92 24.43 -1.351 23.42 33.12 93.84
Book Value Per Share 2 0.0300 0.0100 0.0100 0.0200 0.0300 0.0500
Cash Flow per Share 2 0.0100 0.0100 0.0100 0.0200 0.0400 0.0400
Capex 1 0.78 0.27 0.29 0.22 0.29 0.07
Capex / Sales 3.78% 2.17% 3% 1.48% 0.77% 0.45%
Announcement Date 10/04/19 15/04/20 09/04/21 05/04/22 05/04/23 09/04/24
1SGD in Million2SGD
Estimates
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