Financials Progressive Impact Corporation

Equities

PICORP

MYL7201OO006

Environmental Services & Equipment

End-of-day quote BURSA MALAYSIA 23:00:00 25/04/2024 BST 5-day change 1st Jan Change
0.08 MYR 0.00% Intraday chart for Progressive Impact Corporation +6.67% -15.79%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 85.37 78.74 78.7 72.12 68.81 170.4
Enterprise Value (EV) 1 65.62 70.31 65.32 72.36 80.12 178.2
P/E ratio 84.9 x 176 x 40.7 x -25.6 x -11.2 x -17.5 x
Yield 3.85% 4.17% 4.58% 2.73% 2.86% -
Capitalization / Revenue 1.02 x 0.9 x 0.79 x 0.82 x 0.75 x 1.89 x
EV / Revenue 0.78 x 0.8 x 0.66 x 0.82 x 0.87 x 1.97 x
EV / EBITDA 3.14 x 3.52 x 2.99 x 4.33 x 5.64 x 18.8 x
EV / FCF -18.5 x -31.4 x 4.85 x -53.2 x -570 x 11.5 x
FCF Yield -5.4% -3.18% 20.6% -1.88% -0.18% 8.73%
Price to Book 1.01 x 0.98 x 0.98 x 0.98 x 1.05 x 3.26 x
Nbr of stocks (in thousands) 656,699 656,196 655,796 655,631 655,371 655,371
Reference price 2 0.1300 0.1200 0.1200 0.1100 0.1050 0.2600
Announcement Date 30/04/18 30/04/19 18/05/20 27/04/21 09/05/22 19/04/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 83.88 87.46 99.51 87.96 92.02 90.28
EBITDA 1 20.93 19.95 21.86 16.72 14.21 9.469
EBIT 1 13.68 13.34 15.93 10.01 6.348 1.075
Operating Margin 16.31% 15.26% 16.01% 11.38% 6.9% 1.19%
Earnings before Tax (EBT) 1 12.82 12.82 14.7 7.684 3.81 -0.512
Net income 1 1.006 0.4482 1.934 -2.813 -6.13 -9.737
Net margin 1.2% 0.51% 1.94% -3.2% -6.66% -10.78%
EPS 2 0.001532 0.000682 0.002949 -0.004290 -0.009352 -0.0149
Free Cash Flow 1 -3.542 -2.238 13.46 -1.36 -0.1407 15.56
FCF margin -4.22% -2.56% 13.52% -1.55% -0.15% 17.24%
FCF Conversion (EBITDA) - - 61.55% - - 164.37%
FCF Conversion (Net income) - - 695.97% - - -
Dividend per Share 2 0.005000 0.005000 0.005500 0.003000 0.003000 -
Announcement Date 30/04/18 30/04/19 18/05/20 27/04/21 09/05/22 19/04/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - 0.24 11.3 7.85
Net Cash position 1 19.8 8.43 13.4 - - -
Leverage (Debt/EBITDA) - - - 0.0141 x 0.796 x 0.8293 x
Free Cash Flow 1 -3.54 -2.24 13.5 -1.36 -0.14 15.6
ROE (net income / shareholders' equity) 6.65% 6.5% 6.98% 2.87% -0.24% -3.72%
ROA (Net income/ Total Assets) 5.34% 5.35% 6.22% 3.66% 2.2% 0.37%
Assets 1 18.85 8.371 31.09 -76.78 -279.2 -2,603
Book Value Per Share 2 0.1300 0.1200 0.1200 0.1100 0.1000 0.0800
Cash Flow per Share 2 0.0500 0.0300 0.0300 0.0400 0.0500 0.0500
Capex 1 6.25 6.74 6.26 8.98 8.61 3.87
Capex / Sales 7.45% 7.71% 6.3% 10.2% 9.36% 4.29%
Announcement Date 30/04/18 30/04/19 18/05/20 27/04/21 09/05/22 19/04/23
1MYR in Million2MYR
Estimates
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