Financials Dominant Enterprise

Equities

DOMINAN

MYL7169OO005

Forest & Wood Products

End-of-day quote BURSA MALAYSIA 18:00:00 2024-05-12 EDT 5-day change 1st Jan Change
0.87 MYR +2.96% Intraday chart for Dominant Enterprise +3.57% +16.00%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 216.5 208.2 168.5 148.7 166.9 137.1
Enterprise Value (EV) 1 362.2 352.9 299.4 235.7 324.7 311.7
P/E ratio 7.84 x 7.96 x 12.9 x 9.92 x 5 x 12.7 x
Yield 5.34% 5.56% 3.92% 3.33% 3.96% 3.61%
Capitalization / Revenue 0.33 x 0.28 x 0.25 x 0.25 x 0.25 x 0.17 x
EV / Revenue 0.55 x 0.48 x 0.44 x 0.39 x 0.49 x 0.39 x
EV / EBITDA 7.77 x 7.28 x 9.38 x 8.27 x 7.27 x 12.3 x
EV / FCF -8.83 x 40.2 x 9.35 x 5.18 x -4.51 x 23.2 x
FCF Yield -11.3% 2.49% 10.7% 19.3% -22.2% 4.31%
Price to Book 0.83 x 0.75 x 0.56 x 0.48 x 0.48 x 0.39 x
Nbr of stocks (in thousands) 165,240 165,240 165,240 165,240 165,240 165,240
Reference price 2 1.310 1.260 1.020 0.9000 1.010 0.8300
Announcement Date 18-07-30 19-07-26 20-08-27 21-07-22 22-07-29 23-07-28
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 658 731.2 677 602.6 666.2 792.1
EBITDA 1 46.61 48.48 31.92 28.49 44.69 25.44
EBIT 1 43.84 45.5 29.02 25.83 41.6 21.74
Operating Margin 6.66% 6.22% 4.29% 4.29% 6.25% 2.75%
Earnings before Tax (EBT) 1 36.08 35.31 20.24 20.76 45.65 12.76
Net income 1 27.61 26.14 13.09 14.99 33.38 10.82
Net margin 4.2% 3.58% 1.93% 2.49% 5.01% 1.37%
EPS 2 0.1672 0.1582 0.0792 0.0907 0.2020 0.0655
Free Cash Flow 1 -41 8.769 32.02 45.5 -72.03 13.44
FCF margin -6.23% 1.2% 4.73% 7.55% -10.81% 1.7%
FCF Conversion (EBITDA) - 18.09% 100.32% 159.71% - 52.84%
FCF Conversion (Net income) - 33.54% 244.64% 303.56% - 124.19%
Dividend per Share 2 0.0700 0.0700 0.0400 0.0300 0.0400 0.0300
Announcement Date 18-07-30 19-07-26 20-08-27 21-07-22 22-07-29 23-07-28
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 146 145 131 87 158 175
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 3.126 x 2.984 x 4.099 x 3.052 x 3.532 x 6.86 x
Free Cash Flow 1 -41 8.77 32 45.5 -72 13.4
ROE (net income / shareholders' equity) 11.2% 9.75% 4.54% 4.89% 10.2% 3.1%
ROA (Net income/ Total Assets) 5.84% 5.53% 3.4% 2.97% 4.4% 2.12%
Assets 1 472.6 472.6 384.9 504.9 758.6 509.4
Book Value Per Share 2 1.570 1.670 1.820 1.890 2.090 2.140
Cash Flow per Share 2 0.0500 0.0600 0.0500 0.1000 0.1000 0.0600
Capex 1 4.9 7.65 19.9 14.2 10 3.4
Capex / Sales 0.74% 1.05% 2.95% 2.36% 1.51% 0.43%
Announcement Date 18-07-30 19-07-26 20-08-27 21-07-22 22-07-29 23-07-28
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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