Financials Gamuda

Equities

GAMUDA

MYL5398OO002

Construction & Engineering

End-of-day quote BURSA MALAYSIA 18:00:00 2024-06-20 EDT 5-day change 1st Jan Change
6.38 MYR -0.93% Intraday chart for Gamuda -2.45% +39.00%

Valuation

Fiscal Period: July 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 9,172 8,948 7,038 9,577 11,450 17,661 - -
Enterprise Value (EV) 1 12,467 11,622 8,728 10,775 14,196 21,765 21,743 22,172
P/E ratio 13 x 23.8 x 12 x 11.8 x 6.33 x 17.1 x 14.7 x 13.7 x
Yield 3.23% 1.69% - 3.2% 11.6% 1.93% 2% 2.03%
Capitalization / Revenue 2.01 x 2.44 x 2 x 1.86 x 1.38 x 1.45 x 1.26 x 1.19 x
EV / Revenue 2.73 x 3.17 x 2.48 x 2.09 x 1.71 x 1.79 x 1.55 x 1.49 x
EV / EBITDA 14.1 x 14.8 x 10.8 x 11 x 13.2 x 15.2 x 12.7 x 12.4 x
EV / FCF 92.4 x 21.6 x 10.6 x -137 x -11 x -38.7 x 20.2 x 37 x
FCF Yield 1.08% 4.63% 9.44% -0.73% -9.08% -2.58% 4.96% 2.7%
Price to Book 1.14 x 1.05 x 0.77 x 0.97 x 1.06 x 1.53 x 1.43 x 1.35 x
Nbr of stocks (in thousands) 2,472,322 2,513,528 2,513,528 2,553,931 2,662,736 2,768,256 - -
Reference price 2 3.710 3.560 2.800 3.750 4.300 6.380 6.380 6.380
Announcement Date 19-09-27 20-09-25 21-09-29 22-09-29 23-09-27 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: July 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 4,565 3,663 3,517 5,163 8,281 12,167 14,039 14,884
EBITDA 1 881.4 787.6 811.3 978 1,073 1,433 1,717 1,788
EBIT 1 689.3 564.5 586.1 737.1 953.9 1,311 1,563 1,643
Operating Margin 15.1% 15.41% 16.66% 14.28% 11.52% 10.77% 11.14% 11.04%
Earnings before Tax (EBT) 1 908.8 585.5 786.2 1,015 2,239 1,326 1,541 1,638
Net income 1 706.1 371.7 588.3 806.2 1,838 1,000 1,167 1,241
Net margin 15.47% 10.15% 16.73% 15.62% 22.2% 8.22% 8.31% 8.34%
EPS 2 0.2860 0.1494 0.2341 0.3171 0.6796 0.3739 0.4355 0.4644
Free Cash Flow 1 134.9 538.6 824.2 -78.78 -1,290 -562.4 1,079 598.5
FCF margin 2.95% 14.7% 23.43% -1.53% -15.57% -4.62% 7.68% 4.02%
FCF Conversion (EBITDA) 15.3% 68.38% 101.59% - - - 62.84% 33.47%
FCF Conversion (Net income) 19.1% 144.9% 140.09% - - - 92.43% 48.23%
Dividend per Share 2 0.1200 0.0600 - 0.1200 0.5000 0.1234 0.1276 0.1294
Announcement Date 19-09-27 20-09-25 21-09-29 22-09-29 23-09-27 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: July 2022 Q3 2023 Q3
Net sales - -
EBITDA - -
EBIT 214 -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 - 223.4
Net margin - -
EPS 2 - 0.0816
Dividend per Share - -
Announcement Date 22-06-29 23-06-22
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: July 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,295 2,673 1,690 1,198 2,746 4,104 4,082 4,510
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 3.738 x 3.394 x 2.083 x 1.225 x 2.56 x 2.863 x 2.377 x 2.522 x
Free Cash Flow 1 135 539 824 -78.8 -1,290 -562 1,079 598
ROE (net income / shareholders' equity) 9.01% 6.26% 6.65% 8.46% 7.86% 8.76% 9.49% 9.43%
ROA (Net income/ Total Assets) 4.18% 2.91% 3.18% 4.17% 3.69% 3.86% 4.2% 4.34%
Assets 1 16,905 12,790 18,501 19,349 49,828 25,933 27,821 28,586
Book Value Per Share 2 3.270 3.400 3.650 3.880 4.060 4.160 4.470 4.720
Cash Flow per Share 2 0.1900 0.3300 0.4200 0.1700 -0.2200 -0.5500 0.9100 0
Capex 1 335 276 233 523 701 335 349 347
Capex / Sales 7.34% 7.53% 6.63% 10.13% 8.46% 2.75% 2.49% 2.33%
Announcement Date 19-09-27 20-09-25 21-09-29 22-09-29 23-09-27 - - -
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

Trading Rating
Investor Rating
ESG Refinitiv
B+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
17
Last Close Price
6.38 MYR
Average target price
6.505 MYR
Spread / Average Target
+1.95%
Consensus

Annual profits - Rate of surprise