Financials Hiap Huat Holdings

Equities

HHHCORP

MYQ0160OO000

Environmental Services & Equipment

End-of-day quote BURSA MALAYSIA 18:00:00 2024-05-14 EDT 5-day change 1st Jan Change
0.16 MYR +3.23% Intraday chart for Hiap Huat Holdings +3.23% +10.34%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 35 28.33 34.67 37.86 57.28 53.33
Enterprise Value (EV) 1 51.42 36.5 37.72 40.9 67.24 61.9
P/E ratio 45.7 x 14.7 x 18.8 x -29.2 x 15.1 x 6.54 x
Yield - - - - - -
Capitalization / Revenue 0.84 x 0.53 x 0.68 x 1.02 x 0.93 x 0.67 x
EV / Revenue 1.24 x 0.68 x 0.74 x 1.1 x 1.09 x 0.77 x
EV / EBITDA 6.76 x 4.35 x 4.95 x 15.1 x 6.58 x 3.69 x
EV / FCF 16.3 x 4.34 x 6.24 x 40.9 x -14.3 x 13 x
FCF Yield 6.12% 23% 16% 2.45% -6.98% 7.68%
Price to Book 0.64 x 0.49 x 0.53 x 0.59 x 0.75 x 0.63 x
Nbr of stocks (in thousands) 333,301 333,301 330,172 329,188 395,025 395,025
Reference price 2 0.1050 0.0850 0.1050 0.1150 0.1450 0.1350
Announcement Date 4/30/18 4/25/19 5/28/20 4/30/21 4/29/22 4/28/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 41.55 53.32 50.93 37.3 61.73 80.03
EBITDA 1 7.603 8.395 7.625 2.715 10.22 16.77
EBIT 1 2.954 3.847 3.853 -0.6518 6.465 11.39
Operating Margin 7.11% 7.21% 7.56% -1.75% 10.47% 14.23%
Earnings before Tax (EBT) 1 1.885 2.231 3.148 -1.453 5.751 10.83
Net income 1 0.7759 1.942 1.858 -1.298 3.417 8.155
Net margin 1.87% 3.64% 3.65% -3.48% 5.54% 10.19%
EPS 2 0.002299 0.005800 0.005573 -0.003935 0.009597 0.0206
Free Cash Flow 1 3.145 8.406 6.047 1 -4.694 4.756
FCF margin 7.57% 15.76% 11.87% 2.68% -7.6% 5.94%
FCF Conversion (EBITDA) 41.36% 100.13% 79.31% 36.83% - 28.35%
FCF Conversion (Net income) 405.36% 432.95% 325.53% - - 58.32%
Dividend per Share - - - - - -
Announcement Date 4/30/18 4/25/19 5/28/20 4/30/21 4/29/22 4/28/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 16.4 8.17 3.06 3.04 9.97 8.57
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.16 x 0.9726 x 0.4008 x 1.119 x 0.9755 x 0.511 x
Free Cash Flow 1 3.15 8.41 6.05 1 -4.69 4.76
ROE (net income / shareholders' equity) 1.38% 2.76% 3.02% -2.01% 4.86% 10.1%
ROA (Net income/ Total Assets) 2.31% 3% 2.8% -0.46% 4.08% 6.04%
Assets 1 33.63 64.69 66.37 283.8 83.72 135
Book Value Per Share 2 0.1600 0.1700 0.2000 0.1900 0.1900 0.2100
Cash Flow per Share 2 0 0.0100 0.0300 0.0200 0.0200 0.0300
Capex 1 1.25 1.06 4.55 7.78 12.4 4.56
Capex / Sales 3% 2% 8.93% 20.85% 20.02% 5.69%
Announcement Date 4/30/18 4/25/19 5/28/20 4/30/21 4/29/22 4/28/23
1MYR in Million2MYR
Estimates
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