Financials ACO Group

Equities

ACO

MYQ0218OO006

Electrical Components & Equipment

End-of-day quote BURSA MALAYSIA 23:00:00 09/05/2024 BST 5-day change 1st Jan Change
0.23 MYR 0.00% Intraday chart for ACO Group +2.22% +4.55%

Valuation

Fiscal Period: February 2021 2022 2023
Capitalization 1 104.2 90.32 78.16
Enterprise Value (EV) 1 101.8 94.04 82.53
P/E ratio 33.8 x 12.6 x 13.6 x
Yield 0.95% - 0.89%
Capitalization / Revenue 0.94 x 0.72 x 0.59 x
EV / Revenue 0.92 x 0.75 x 0.62 x
EV / EBITDA 16.1 x 10.8 x 13.4 x
EV / FCF 22.9 x 68.9 x -29.1 x
FCF Yield 4.37% 1.45% -3.44%
Price to Book 1.43 x 1.07 x 0.87 x
Nbr of stocks (in thousands) 330,793 347,371 347,371
Reference price 2 0.3150 0.2600 0.2250
Announcement Date 27/07/21 29/06/22 27/06/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Net sales 1 124.2 134.4 134.3 110.6 124.9 132.5
EBITDA 1 8.186 10.27 12.32 6.322 8.698 6.144
EBIT 1 7.066 8.999 11.24 5.31 7.632 4.728
Operating Margin 5.69% 6.7% 8.37% 4.8% 6.11% 3.57%
Earnings before Tax (EBT) 1 6.612 9.167 9.947 5.132 9.016 7.516
Net income 1 4.333 6.871 7.667 2.846 7.063 5.741
Net margin 3.49% 5.11% 5.71% 2.57% 5.65% 4.33%
EPS 2 1.733 2.748 0.0317 0.009316 0.0206 0.0165
Free Cash Flow 1 -0.7272 -2.738 -4.314 4.448 1.365 -2.839
FCF margin -0.59% -2.04% -3.21% 4.02% 1.09% -2.14%
FCF Conversion (EBITDA) - - - 70.36% 15.69% -
FCF Conversion (Net income) - - - 156.29% 19.32% -
Dividend per Share - - - 0.003000 - 0.002000
Announcement Date 27/02/20 27/02/20 02/07/20 27/07/21 29/06/22 27/06/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: February 2018 2019 2020 2021 2022 2023
Net Debt 1 11.3 17.5 23.5 - 3.72 4.37
Net Cash position 1 - - - 2.4 - -
Leverage (Debt/EBITDA) 1.375 x 1.703 x 1.908 x - 0.4283 x 0.7109 x
Free Cash Flow 1 -0.73 -2.74 -4.31 4.45 1.36 -2.84
ROE (net income / shareholders' equity) 17.4% 21.9% 19.5% 4.87% 8.99% 6.6%
ROA (Net income/ Total Assets) 5.56% 6.12% 6.85% 2.76% 3.33% 1.97%
Assets 1 77.91 112.3 111.9 103.3 212.3 290.8
Book Value Per Share 2 11.10 14.10 0.1800 0.2200 0.2400 0.2600
Cash Flow per Share 2 2.370 3.500 0.0200 0.0800 0.0700 0.0600
Capex 1 1.37 3.64 1.46 0.41 3.39 1.94
Capex / Sales 1.1% 2.71% 1.09% 0.37% 2.71% 1.46%
Announcement Date 27/02/20 27/02/20 02/07/20 27/07/21 29/06/22 27/06/23
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA