Financials Bonia Corporation

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 18:00:00 2024-05-19 EDT			5-day change	1st Jan Change
1.76 ^MYR	-0.56%		+1.15%	-2.22%

03-20	Bonia in Talks for Potential Subscription to MYR7.5 Million Stake in IT SEA	MT
03-19	IT SEA Holdings Sdn Bhd, announced that it expects to receive MYR 7.500002 million in funding from Bonia Corporation Berhad	CI

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	253	108	180.9	375.9	367.8	353.8	-	-
Enterprise Value (EV) ¹	253	108	180.9	375.9	367.8	353.8	353.8	353.8
P/E ratio	14.3 x	42.1 x	12.6 x	8.35 x	6.69 x	8.93 x	8.05 x	7.2 x
Yield	1.56%	3.37%	4.44%	1.07%	6.56%	4.7%	5.63%	6.25%
Capitalization / Revenue	0.55 x	0.31 x	0.69 x	1.13 x	0.87 x	0.86 x	0.81 x	0.73 x
EV / Revenue	0.55 x	0.31 x	0.69 x	1.13 x	0.87 x	0.86 x	0.81 x	0.73 x
EV / EBITDA	4.32 x	2.01 x	2.96 x	4.2 x	3.01 x	3.4 x	3.04 x	2.75 x
EV / FCF	4.36 x	2.29 x	2.2 x	3.92 x	18 x	4.86 x	4.52 x	4.67 x
FCF Yield	22.9%	43.7%	45.4%	25.5%	5.57%	20.6%	22.1%	21.4%
Price to Book	0.69 x	1.31 x	0.46 x	0.89 x	0.86 x	0.8 x	0.74 x	0.72 x
Nbr of stocks (in thousands)	197,638	196,301	200,995	200,995	200,995	200,995	-	-
Reference price ²	1.280	0.5500	0.9000	1.870	1.830	1.760	1.760	1.760
Announcement Date	8/29/19	8/26/20	9/28/21	8/25/22	8/25/23	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	462.3	345	261.2	333	424.1	413.2	437.1	482.2
EBITDA ¹	58.58	53.84	61.16	89.54	122	104	116.4	128.4
EBIT ¹	41.73	14.82	23.49	54.84	85.48	62.15	67.55	74.75
Operating Margin	9.03%	4.3%	8.99%	16.47%	20.15%	15.04%	15.45%	15.5%
Earnings before Tax (EBT) ¹	38.99	10.81	19.45	56.33	79.66	59.1	64.9	72.55
Net income ¹	18.03	2.778	13.87	45.01	55.01	39.45	44.3	49.55
Net margin	3.9%	0.81%	5.31%	13.52%	12.97%	9.55%	10.13%	10.28%
EPS ²	0.0896	0.0131	0.0712	0.2239	0.2737	0.1970	0.2185	0.2445
Free Cash Flow ¹	57.96	47.2	82.2	95.78	20.48	72.8	78.2	75.7
FCF margin	12.54%	13.68%	31.47%	28.76%	4.83%	17.62%	17.89%	15.7%
FCF Conversion (EBITDA)	98.96%	87.66%	134.41%	106.97%	16.78%	69.97%	67.21%	58.93%
FCF Conversion (Net income)	321.52%	1,698.88%	592.55%	212.81%	37.23%	184.54%	176.52%	152.77%
Dividend per Share ²	0.0200	0.0185	0.0400	0.0200	0.1200	0.0827	0.0990	0.1100
Announcement Date	8/29/19	8/26/20	9/28/21	8/25/22	8/25/23	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	58	47.2	82.2	95.8	20.5	72.8	78.2	75.7
ROE (net income / shareholders' equity)	4.43%	0.75%	3.6%	11.1%	13.3%	9%	9.5%	10.1%
ROA (Net income/ Total Assets)	2.96%	0.51%	4.91%	7.34%	8.22%	5%	5%	5.3%
Assets ¹	608.7	549.1	282.7	613.4	669.2	789	886	934.9
Book Value Per Share ²	1.850	0.4200	1.970	2.110	2.130	2.210	2.370	2.450
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	8.83	6.38	3.6	10.9	48.2	31.5	31.5	32
Capex / Sales	1.91%	1.85%	1.38%	3.27%	11.36%	7.62%	7.21%	6.64%
Announcement Date	8/29/19	8/26/20	9/28/21	8/25/22	8/25/23	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C-

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

1.76 MYR

Average target price

2.083 MYR

Spread / Average Target

+18.37%