Financials Reservoir Link Energy

Equities

RL

MYQ0219OO004

Oil Related Services and Equipment

End-of-day quote BURSA MALAYSIA Other stock markets 23:00:00 27/06/2024 BST			5-day change	1st Jan Change
0.325 ^MYR	+4.84%		+3.17%	+3.17%

05-16	Reservoir Link Energy Bhd Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2024	CI
04-19	Reservoir Link Energy Seeks More Time to Complete Private Share Placement	MT

Valuation

Fiscal Period: June	2021	2022	2023	2024	2025	2026
Capitalization ¹	139.6	101.7	91.05	102.5	-	-
Enterprise Value (EV) ¹	139.6	101.7	91.05	102.5	102.5	102.5
P/E ratio	16.3 x	-38.5 x	-102 x	32.5 x	14.8 x	12 x
Yield	-	-	-	-	-	-
Capitalization / Revenue	1.24 x	1.04 x	0.47 x	0.51 x	0.43 x	0.44 x
EV / Revenue	1.24 x	1.04 x	0.47 x	0.51 x	0.43 x	0.44 x
EV / EBITDA	6.2 x	18.1 x	6.76 x	4.17 x	3.77 x	4.04 x
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Price to Book	1.87 x	1.34 x	1.17 x	1.14 x	1.05 x	0.95 x
Nbr of stocks (in thousands)	285,000	290,445	289,045	315,423	-	-
Reference price ²	0.4900	0.3500	0.3150	0.3250	0.3250	0.3250
Announcement Date	22/02/22	20/02/23	31/10/23	-	-	-

¹MYR in Million²MYR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	80.03	-	112.4	97.5	193.3	202.2	240	235.4
EBITDA ¹	-	-	22.54	5.611	13.47	24.6	27.2	25.4
EBIT ¹	-	-	17.45	1.364	6.438	8.9	16.2	19.6
Operating Margin	-	-	15.52%	1.4%	3.33%	4.4%	6.75%	8.33%
Earnings before Tax (EBT) ¹	-	-	17.03	0.225	3.357	6	15.7	19.1
Net income ¹	-	11.76	10.76	-2.636	-0.8934	3.2	7	8.6
Net margin	-	-	9.57%	-2.7%	-0.46%	1.58%	2.92%	3.65%
EPS ²	10.89	0.0462	0.0301	-0.009100	-0.003100	0.0100	0.0220	0.0270
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	-	-	-	-	-	-	-	-
Announcement Date	25/06/20	09/04/21	22/02/22	20/02/23	31/10/23	-	-	-

¹MYR in Million²MYR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2023 Q3
Net sales ¹	44.95
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income	-
Net margin	-
EPS ²	0.001000
Dividend per Share	-
Announcement Date	22/05/23

¹MYR in Million²MYR

Estimates

Balance Sheet Analysis

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	-	15.6%	-3.41%	-1.14%	6.55%	8.2%	7.35%
ROA (Net income/ Total Assets)	-	-	-	-2.28%	-0.68%	2%	3.9%	4.4%
Assets ¹	-	-	-	115.6	132	160	179.5	195.5
Book Value Per Share ²	-	-	0.2600	0.2600	0.2700	0.2800	0.3100	0.3400
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex	-	-	9.31	-	-	-	-	-
Capex / Sales	-	-	8.28%	-	-	-	-	-
Announcement Date	25/06/20	09/04/21	22/02/22	20/02/23	31/10/23	-	-	-

¹MYR in Million²MYR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Ratings for Reservoir Link Energy

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

0.325 MYR

Average target price

0.32 MYR

Spread / Average Target

-1.54%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Oil Related Services and Equipment

	1st Jan change	Capi.
RESERVOIR LINK ENERGY	+3.17%	21.73M
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NOV INC.	-6.26%	7.52B
CHAMPIONX CORPORATION	+13.69%	6.32B
CNOOC ENERGY TECHNOLOGY & SERVICES LIMITED	+44.56%	5.76B
SAIPEM S.P.A.	+62.72%	5.11B