Financials Binasat Communications

Equities

BINACOM

MYQ0195OO006

Integrated Telecommunications Services

End-of-day quote BURSA MALAYSIA 23:00:00 27/06/2024 BST 5-day change 1st Jan Change
0.275 MYR -1.79% Intraday chart for Binasat Communications -6.78% +1.85%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 97.5 84.5 113.1 122.3 118.4 104.8
Enterprise Value (EV) 1 55.53 47.53 92.79 107.4 96.09 88.81
P/E ratio 8.97 x 17.4 x 35.4 x 36.6 x 22.3 x -11.6 x
Yield 2.67% - - - - -
Capitalization / Revenue 1.7 x 1.55 x 2.49 x 2.27 x 1.42 x 1.19 x
EV / Revenue 0.97 x 0.87 x 2.04 x 1.99 x 1.15 x 1.01 x
EV / EBITDA 4.44 x 6.93 x 21 x 21.5 x 8.67 x -12 x
EV / FCF 41.9 x -10.6 x -15.1 x -8.36 x -7.98 x -
FCF Yield 2.39% -9.44% -6.63% -12% -12.5% -
Price to Book 1.37 x 1.13 x 1.32 x 1.02 x 0.94 x 0.93 x
Nbr of stocks (in thousands) 260,000 260,000 286,437 388,296 388,296 388,296
Reference price 2 0.3750 0.3250 0.3950 0.3150 0.3050 0.2700
Announcement Date 31/10/18 31/10/19 28/10/20 29/10/21 28/10/22 29/04/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 57.26 54.69 45.48 53.85 83.51 88.14
EBITDA 1 12.5 6.863 4.412 4.984 11.08 -7.404
EBIT 1 11.27 5.594 3.624 3.876 6.21 -11.14
Operating Margin 19.67% 10.23% 7.97% 7.2% 7.44% -12.64%
Earnings before Tax (EBT) 1 12.12 7.192 4.183 4.036 6.601 -6.982
Net income 1 9.071 4.874 2.926 2.378 4.804 -9.007
Net margin 15.84% 8.91% 6.43% 4.42% 5.75% -10.22%
EPS 2 0.0418 0.0187 0.0112 0.008600 0.0137 -0.0232
Free Cash Flow 1 1.325 -4.486 -6.155 -12.84 -12.04 -
FCF margin 2.31% -8.2% -13.53% -23.84% -14.41% -
FCF Conversion (EBITDA) 10.6% - - - - -
FCF Conversion (Net income) 14.6% - - - - -
Dividend per Share 2 0.0100 - - - - -
Announcement Date 31/10/18 31/10/19 28/10/20 29/10/21 28/10/22 29/04/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 42 37 20.4 14.9 22.3 16
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 1.32 -4.49 -6.15 -12.8 -12 -
ROE (net income / shareholders' equity) 18.8% 6.32% 4.18% 2.9% 4.93% -
ROA (Net income/ Total Assets) 10.6% 3.81% 2.25% 2.16% 2.73% -
Assets 1 85.64 127.9 130.2 110.1 175.8 -
Book Value Per Share 2 0.2700 0.2900 0.3000 0.3100 0.3300 0.2900
Cash Flow per Share 2 0.0400 0.0400 0.0500 0.0900 0.0400 0.0200
Capex 1 1.38 4.03 12.1 9.88 3.41 2.34
Capex / Sales 2.4% 7.37% 26.5% 18.35% 4.09% 2.65%
Announcement Date 31/10/18 31/10/19 28/10/20 29/10/21 28/10/22 29/04/24
1MYR in Million2MYR
Estimates
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