Financials Mesiniaga

Equities

MSNIAGA

MYL5011OO001

IT Services & Consulting

End-of-day quote BURSA MALAYSIA 23:00:00 19/05/2024 BST 5-day change 1st Jan Change
1.53 MYR +0.66% Intraday chart for Mesiniaga -0.65% +10.87%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 74.29 69.46 74.29 74.29 95.44 97.25
Enterprise Value (EV) 1 50.71 50.48 -71.2 31.58 51.85 53.79
P/E ratio 4.52 x -8 x -84.3 x -7.95 x 17.5 x 14.9 x
Yield 4.07% 5.22% - - - 6.21%
Capitalization / Revenue 0.33 x 0.38 x 0.24 x 0.38 x 0.4 x 0.33 x
EV / Revenue 0.22 x 0.28 x -0.23 x 0.16 x 0.22 x 0.18 x
EV / EBITDA 2.51 x -13.6 x -13 x -5.79 x 6.56 x 6.7 x
EV / FCF 3.03 x 27.3 x -0.55 x -0.33 x -10.5 x 9.84 x
FCF Yield 33% 3.66% -182% -307% -9.49% 10.2%
Price to Book 0.58 x 0.6 x 0.65 x 0.72 x 0.9 x 0.88 x
Nbr of stocks (in thousands) 60,402 60,402 60,402 60,402 60,402 60,402
Reference price 2 1.230 1.150 1.230 1.230 1.580 1.610
Announcement Date 30/04/18 30/04/19 08/05/20 30/04/21 27/04/22 28/04/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 226.3 180.9 314 197.7 240.2 292.9
EBITDA 1 20.18 -3.719 5.487 -5.457 7.899 8.032
EBIT 1 15.47 -8.127 1.996 -8.292 6.094 6.423
Operating Margin 6.84% -4.49% 0.64% -4.19% 2.54% 2.19%
Earnings before Tax (EBT) 1 14.56 -7.896 2.186 -8.987 6.259 6.434
Net income 1 16.42 -8.688 -0.881 -9.344 5.469 6.508
Net margin 7.26% -4.8% -0.28% -4.73% 2.28% 2.22%
EPS 2 0.2718 -0.1438 -0.0146 -0.1547 0.0905 0.1077
Free Cash Flow 1 16.72 1.846 129.8 -96.98 -4.923 5.464
FCF margin 7.39% 1.02% 41.34% -49.05% -2.05% 1.87%
FCF Conversion (EBITDA) 82.83% - 2,365.35% - - 68.03%
FCF Conversion (Net income) 101.81% - - - - 83.96%
Dividend per Share 2 0.0500 0.0600 - - - 0.1000
Announcement Date 30/04/18 30/04/19 08/05/20 30/04/21 27/04/22 28/04/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 23.6 19 145 42.7 43.6 43.5
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 16.7 1.85 130 -97 -4.92 5.46
ROE (net income / shareholders' equity) 13.1% -6.18% -0.39% -7.75% 4.9% 5.8%
ROA (Net income/ Total Assets) 4.67% -2.5% 0.52% -2.19% 1.89% 1.76%
Assets 1 351.8 348.2 -169.8 427.1 289.6 370.4
Book Value Per Share 2 2.120 1.900 1.890 1.720 1.750 1.830
Cash Flow per Share 2 0.4900 0.5500 2.480 0.8100 0.9000 0.9400
Capex 1 2 4.69 1.25 0.91 0.84 0.86
Capex / Sales 0.88% 2.59% 0.4% 0.46% 0.35% 0.29%
Announcement Date 30/04/18 30/04/19 08/05/20 30/04/21 27/04/22 28/04/23
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA