Financials Dagang NeXchange

Equities

DNEX

MYL4456OO009

IT Services & Consulting

End-of-day quote BURSA MALAYSIA Other stock markets 18:00:00 2024-05-09 EDT			5-day change	1st Jan Change
0.4 ^MYR	-1.23%		0.00%	0.00%

05-07	Dagang Nexchange Prices Private Placement Shares	MT
04-19	Dagang Nexchange Unit Bags No Objection Letter from North Sea Transition Authority	MT

Valuation

Fiscal Period: December	2019	2021	2022	2023	2024	2025
Capitalization ¹	465.9	2,398	1,610	1,263	1,263	-
Enterprise Value (EV) ¹	465.9	2,398	1,610	1,263	1,263	1,263
P/E ratio	15.7 x	12.2 x	2.89 x	-10.5 x	15.5 x	9.88 x
Yield	-	-	1.18%	-	-	-
Capitalization / Revenue	1.6 x	-	1.12 x	0.66 x	0.82 x	0.71 x
EV / Revenue	1.6 x	-	1.12 x	0.66 x	0.82 x	0.71 x
EV / EBITDA	8.45 x	-	2.05 x	2.65 x	4.09 x	2.28 x
EV / FCF	44,953,105 x	-	4,557,479 x	-	-	-
FCF Yield	0%	-	0%	-	-	-
Price to Book	0.98 x	-	0.86 x	0.71 x	0.53 x	0.47 x
Nbr of stocks (in thousands)	1,758,090	3,155,325	3,156,331	3,156,331	3,156,331	-
Reference price ²	0.2650	0.7600	0.5100	0.4000	0.4000	0.4000
Announcement Date	20-02-25	21-09-24	22-08-29	24-02-29	-	-

¹MYR in Million²MYR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2021	2022	2023	2024	2025
Net sales ¹	290.5	-	1,437	1,913	1,545	1,790
EBITDA ¹	55.13	-	784	476.7	308.7	554.2
EBIT ¹	33.58	-	663.2	233.9	220.6	331.4
Operating Margin	11.56%	-	46.15%	12.23%	14.28%	18.51%
Earnings before Tax (EBT) ¹	47.59	-	613	157.2	166.6	281.4
Net income ¹	30.01	120	549.6	-119.9	81.5	127.8
Net margin	10.33%	-	38.24%	-6.27%	5.28%	7.14%
EPS ²	0.0169	0.0624	0.1767	-0.0380	0.0258	0.0405
Free Cash Flow	10.36	-	353.2	-	-	-
FCF margin	3.57%	-	24.58%	-	-	-
FCF Conversion (EBITDA)	18.8%	-	45.05%	-	-	-
FCF Conversion (Net income)	34.54%	-	64.27%	-	-	-
Dividend per Share ²	-	-	0.006000	-	-	-
Announcement Date	20-02-25	21-09-24	22-08-29	24-02-29	-	-

¹MYR in Million²MYR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2023 Q4
Net sales ¹	283.7
EBITDA	-
EBIT	-
Operating Margin	-
Earnings before Tax (EBT)	-
Net income	-
Net margin	-
EPS	-
Dividend per Share	-
Announcement Date	24-02-29

¹MYR in Million

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow	10.4	-	353	-	-	-
ROE (net income / shareholders' equity)	6.5%	-	38.2%	-6.64%	5.55%	9.95%
ROA (Net income/ Total Assets)	4.78%	-	16.3%	-2.59%	-	-
Assets ¹	627.8	-	3,380	4,629	-	-
Book Value Per Share ²	0.2700	-	0.5900	0.5600	0.7600	0.8500
Cash Flow per Share	-	-	-	-	-	-
Capex	10.8	-	291	705	-	-
Capex / Sales	3.71%	-	20.22%	36.85%	-	-
Announcement Date	20-02-25	21-09-24	22-08-29	24-02-29	-	-

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 Dagang NeXchange

Trading Rating

Investor Rating

ESG Refinitiv

B+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

0.4 MYR

Average target price

0.48 MYR

Spread / Average Target

+20.00%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other IT Services & Consulting

	1st Jan change	Capi.
DAGANG NEXCHANGE	0.00%	270M
ACCENTURE PLC	-12.70%	193B
TATA CONSULTANCY SERVICES LTD.	+2.65%	172B
IBM	+2.20%	153B
AUTOMATIC DATA PROCESSING, INC.	+5.96%	100B
RELX PLC	+11.22%	80.72B
CROWDSTRIKE HOLDINGS, INC.	+25.63%	76.9B
INFOSYS LIMITED	-7.65%	71.61B
SNOWFLAKE INC.	-21.03%	52.05B
HCL TECHNOLOGIES LIMITED	-10.22%	42.83B

Other IT Services & Consulting