Financials Boilermech Holdings

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 23:00:00 09/05/2024 BST			5-day change	1st Jan Change
1.2 ^MYR	-0.83%		-3.23%	+32.60%

02-26	BM GreenTech Berhad Reports Earnings Results for the Third Quarter and Nine Months Ended December 31, 2023	CI
02-16	BM GreenTech Berhad Announce Resignation of Wong Wai Foong as Joint Secretary	CI

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	286.4	232.2	717.2	490.2	361.2	619.2	-	-
Enterprise Value (EV) ¹	286.4	232.2	717.2	490.2	361.2	619.2	619.2	619.2
P/E ratio	10.8 x	9.98 x	32 x	28.9 x	25.6 x	20 x	17.1 x	17.1 x
Yield	3.6%	3.89%	1.26%	1.84%	2.5%	1.58%	1.58%	1.67%
Capitalization / Revenue	1.22 x	1.01 x	3.02 x	1.54 x	0.96 x	1.46 x	1.38 x	1.33 x
EV / Revenue	1.22 x	1.01 x	3.02 x	1.54 x	0.96 x	1.46 x	1.38 x	1.33 x
EV / EBITDA	6.91 x	6.3 x	18.3 x	-	13.7 x	13.8 x	12.6 x	12.1 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	1.4 x	1.09 x	3.16 x	-	1.52 x	2.4 x	2.31 x	2.03 x
Nbr of stocks (in thousands)	516,000	516,000	516,000	516,000	516,000	516,000	-	-
Reference price ²	0.5550	0.4500	1.390	0.9500	0.7000	1.200	1.200	1.200
Announcement Date	28/05/19	25/06/20	25/05/21	24/05/22	25/05/23	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: März	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	234.8	230.1	237.3	317.8	377.7	423.9	447.7	466
EBITDA ¹	41.42	36.87	39.15	-	26.34	45	49	51
EBIT ¹	37.04	32.83	34.08	25.94	21.06	39.2	43.15	46
Operating Margin	15.77%	14.26%	14.36%	8.16%	5.58%	9.25%	9.64%	9.87%
Earnings before Tax (EBT) ¹	36.62	32.43	33.74	25.71	20.87	40	45	48
Net income ¹	26.58	23.26	22.46	16.98	14.08	30	34	36
Net margin	11.32%	10.1%	9.46%	5.34%	3.73%	7.08%	7.59%	7.73%
EPS ²	0.0515	0.0451	0.0435	0.0329	0.0273	0.0600	0.0700	0.0700
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0200	0.0175	0.0175	0.0175	0.0175	0.0190	0.0190	0.0200
Announcement Date	28/05/19	25/06/20	25/05/21	24/05/22	25/05/23	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	13.5%	11.2%	10.2%	7.19%	5.94%	12.2%	12.5%	12.3%
ROA (Net income/ Total Assets)	8.46%	7.37%	6.68%	4.8%	-	-	-	-
Assets ¹	314.1	315.7	336.3	353.8	-	-	-	-
Book Value Per Share ²	0.4000	0.4100	0.4400	-	0.4600	0.5000	0.5200	0.5900
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	0.54	23.4	5.98	-	1.23	1.9	1.8	1.7
Capex / Sales	0.23%	10.18%	2.52%	-	0.32%	0.45%	0.4%	0.36%
Announcement Date	28/05/19	25/06/20	25/05/21	24/05/22	25/05/23	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

1.2 MYR

Average target price

0.89 MYR

Spread / Average Target

-25.83%

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