Projected Income Statement: Ancom

Forecast Balance Sheet: Ancom

Fiscal Period: May 2022 2023 2024 2025 2026 2027 2028
Net Debt - 215 -137 - - - -
Change - - -163.72% - - - -
Announcement Date 7/18/22 9/27/23 7/18/24 7/17/25 7/21/26 - -
Estimates

Cash Flow Forecast: Ancom

Fiscal Period: May 2023 2024 2025 2026 2027 2028
CAPEX 1 13.19 48.33 33.57 27.64 35 35
Change - 266.5% -30.54% -17.65% 0% 0%
Free Cash Flow (FCF) 1 83.33 - - - - -
Change - - - - - -
Announcement Date 9/27/23 7/18/24 7/17/25 7/21/26 - -
1MYR in Million
Estimates

Forecast Financial Ratios: Ancom

Fiscal Period: May 2022 2023 2024 2025 2026 2027 2028

Profitability

       
EBITDA Margin (%) - 6.71% 8.61% 6.5% 9.14% 8.7% 8.7%
EBIT Margin (%) - 5.68% 6.57% 6.33% 7.37% 7.11% 7.19%
EBT Margin (%) - 4.69% 5.53% 5.29% 6.14% 6.12% 6.38%
Net margin (%) - 3.68% 4.08% 3.39% 4.22% 4.56% 4.75%
FCF margin (%) - 4.08% - - - - -
FCF / Net Income (%) - 110.91% - - - - -

Profitability

       
ROA - 6.45% 6.7% 5.12% 6.16% 7% 7%
ROE - 17.09% 15.67% 11.06% 13.27% 12.13% 11.5%

Financial Health

       
Leverage (Debt/EBITDA) - 1.57x - - - - -
Debt / Free cash flow - 2.58x - - - - -

Capital Intensity

       
CAPEX / Current Assets (%) - 0.65% 2.42% 1.79% 1.43% 1.68% 1.61%
CAPEX / EBITDA (%) - 9.62% 28.13% 27.55% 15.66% 19.33% 18.47%
CAPEX / FCF (%) - 15.83% - - - - -

Items per share

       
Cash flow per share 1 - - - - - - -
Change - - - - - - -
Dividend per Share 1 - 0.0099 0.0099 0.0099 0.0203 0.0167 0.0167
Change - - 0% 0% 105.35% -18% 0%
Book Value Per Share 1 - 0.5208 0.5667 0.5545 0.59 0.7 0.8
Change - - 8.82% -2.17% 6.41% 7.69% 14.29%
EPS 1 0.2246 0.0756 0.0793 0.0593 0.0768 0.0867 0.0947
Change - -66.33% 4.85% -25.22% 29.49% 15.56% 9.23%
Nbr of stocks (in thousands) 859,164 934,508 957,559 1,072,459 1,052,642 1,052,642 1,052,642
Announcement Date 7/18/22 9/27/23 7/18/24 7/17/25 7/21/26 - -
1MYR
Estimates
2026 2027 *
P/E 11.5x 10x
PBR 1.49x 1.24x
EV / Sales 0.48x 0.44x
Yield 2.34% 1.92%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
Global
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
0.8700MYR
Average target price
1.300MYR
Spread / Average Target
+49.43%

Annual profits - Rate of surprise