Financials DS Sigma Holdings

Equities

DSS

MYQ0269OO009

Paper Packaging

End-of-day quote BURSA MALAYSIA 23:00:00 22/05/2024 BST 5-day change 1st Jan Change
0.365 MYR +2.82% Intraday chart for DS Sigma Holdings +8.96% +4.29%

Valuation

Fiscal Period: June 2023
Capitalization 1 187.2
Enterprise Value (EV) 1 114.8
P/E ratio 17.7 x
Yield 1.92%
Capitalization / Revenue 2.27 x
EV / Revenue 1.39 x
EV / EBITDA 8.3 x
EV / FCF 25,917,587 x
FCF Yield 0%
Price to Book 1.75 x
Nbr of stocks (in thousands) 480,000
Reference price 2 0.3900
Announcement Date 30/10/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023
Net sales 1 105.7 85.89 127.9 121.2 82.34
EBITDA 1 21.76 15.06 29.78 31.57 13.84
EBIT 1 19.99 13.37 28.02 29.08 10.89
Operating Margin 18.91% 15.57% 21.91% 23.99% 13.22%
Earnings before Tax (EBT) 1 19.6 12.89 27.64 28.85 11.67
Net income 1 14.98 9.699 20.32 21.01 8.164
Net margin 14.17% 11.29% 15.89% 17.33% 9.91%
EPS 2 7.489 4.850 10.08 7.780 0.0221
Free Cash Flow - 6.359 12.32 20.67 4.43
FCF margin - 7.4% 9.63% 17.05% 5.38%
FCF Conversion (EBITDA) - 42.24% 41.35% 65.48% 32.01%
FCF Conversion (Net income) - 65.57% 60.61% 98.4% 54.27%
Dividend per Share - - - - 0.007500
Announcement Date 12/04/22 12/04/22 12/04/22 30/10/23 30/10/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023
Net Debt 1 4.64 3.21 2.05 - -
Net Cash position 1 - - - 18 72.4
Leverage (Debt/EBITDA) 0.2134 x 0.213 x 0.0689 x - -
Free Cash Flow - 6.36 12.3 20.7 4.43
ROE (net income / shareholders' equity) - 46.4% 81.8% 54.3% 10.4%
ROA (Net income/ Total Assets) - 17.4% 34.7% 27.4% 6.66%
Assets 1 - 55.73 58.48 76.71 122.5
Book Value Per Share 2 9.930 11.20 7.100 17.60 0.2200
Cash Flow per Share 2 5.800 4.910 2.510 7.040 0.1400
Capex 1 7.47 0.49 0.44 2 6.1
Capex / Sales 7.07% 0.57% 0.34% 1.65% 7.41%
Announcement Date 12/04/22 12/04/22 12/04/22 30/10/23 30/10/23
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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