Financials Pasdec Holdings

Equities

PASDEC

MYL6912OO009

Real Estate Development & Operations

End-of-day quote BURSA MALAYSIA 23:00:00 20/05/2024 BST 5-day change 1st Jan Change
0.305 MYR 0.00% Intraday chart for Pasdec Holdings +3.39% -3.17%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 144.1 138.1 100.1 140.1 144.1 126.1
Enterprise Value (EV) 1 210.9 158.2 109.2 136.8 127.5 106.8
P/E ratio -6.39 x -5.02 x 1.97 x -49.2 x -9.14 x 17.2 x
Yield - - - - - -
Capitalization / Revenue 0.98 x 4.36 x 2.23 x 3.53 x 6.63 x 3.46 x
EV / Revenue 1.43 x 5 x 2.43 x 3.44 x 5.87 x 2.93 x
EV / EBITDA 9.79 x -11.3 x 24.6 x -36.9 x -329 x 27.9 x
EV / FCF -552 x 3.42 x -2.56 x 49.4 x 17.4 x 3.76 x
FCF Yield -0.18% 29.2% -39% 2.03% 5.75% 26.6%
Price to Book 0.41 x 0.42 x 0.27 x 0.38 x 0.41 x 0.35 x
Nbr of stocks (in thousands) 400,369 400,369 400,369 400,369 400,369 400,369
Reference price 2 0.3600 0.3450 0.2500 0.3500 0.3600 0.3150
Announcement Date 11/06/19 27/10/20 31/05/21 29/04/22 26/04/23 30/04/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 147.8 31.68 44.98 39.72 21.73 36.42
EBITDA 1 21.53 -14 4.435 -3.703 -0.3879 3.826
EBIT 1 16.63 -18.17 2.377 -5.508 -2.147 2.103
Operating Margin 11.25% -57.35% 5.28% -13.87% -9.88% 5.77%
Earnings before Tax (EBT) 1 -15.14 -13.82 77.64 -1.058 1.928 10.14
Net income 1 -19.92 -27.5 50.91 -2.85 -15.76 7.341
Net margin -13.48% -86.82% 113.19% -7.18% -72.54% 20.16%
EPS 2 -0.0563 -0.0687 0.1271 -0.007117 -0.0394 0.0183
Free Cash Flow 1 -0.3821 46.25 -42.58 2.771 7.335 28.39
FCF margin -0.26% 146.01% -94.68% 6.98% 33.76% 77.96%
FCF Conversion (EBITDA) - - - - - 742.09%
FCF Conversion (Net income) - - - - - 386.74%
Dividend per Share - - - - - -
Announcement Date 11/06/19 27/10/20 31/05/21 29/04/22 26/04/23 30/04/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 66.7 20.1 9.1 - - -
Net Cash position 1 - - - 3.35 16.6 19.3
Leverage (Debt/EBITDA) 3.099 x -1.437 x 2.052 x - - -
Free Cash Flow 1 -0.38 46.3 -42.6 2.77 7.34 28.4
ROE (net income / shareholders' equity) -6.5% -3.83% 21.9% -0.77% 0.38% 1.95%
ROA (Net income/ Total Assets) 1.85% -2.16% 0.32% -0.81% -0.33% 0.34%
Assets 1 -1,079 1,276 16,120 353.2 4,747 2,146
Book Value Per Share 2 0.8700 0.8100 0.9300 0.9200 0.8800 0.9000
Cash Flow per Share 2 0.0700 0.0500 0.0400 0.0500 0.0500 0.0500
Capex 1 4.43 6.78 6.33 5.57 0.02 0
Capex / Sales 3% 21.4% 14.08% 14.03% 0.07% 0%
Announcement Date 11/06/19 27/10/20 31/05/21 29/04/22 26/04/23 30/04/24
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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