Financials Ho Wah Genting

Equities

HWGB

MYL9601OO005

Electrical Components & Equipment

End-of-day quote BURSA MALAYSIA 18:00:00 2024-06-20 EDT 5-day change 1st Jan Change
0.28 MYR +1.82% Intraday chart for Ho Wah Genting +7.69% +16.67%

Valuation

Fiscal Period: December 2018 2019 2021 2022 2023
Capitalization 1 34.08 48.27 131 76.2 49.33
Enterprise Value (EV) 1 55.24 58.39 141.6 73.75 46.89
P/E ratio -0.97 x -5.51 x -4.44 x -44.4 x 35.5 x
Yield - - - - -
Capitalization / Revenue 0.21 x 0.27 x 0.45 x 0.18 x 0.19 x
EV / Revenue 0.35 x 0.32 x 0.48 x 0.18 x 0.18 x
EV / EBITDA 17.8 x -57.2 x -8.35 x 11.9 x 4.78 x
EV / FCF -3.8 x 17.8 x - -3.45 x -5.02 x
FCF Yield -26.3% 5.61% - -29% -19.9%
Price to Book 1.13 x 1.45 x 1.89 x 1.03 x 0.56 x
Nbr of stocks (in thousands) 81,153 114,935 159,717 165,644 205,547
Reference price 2 0.4200 0.4200 0.8200 0.4600 0.2400
Announcement Date 4/30/19 5/28/20 8/30/21 4/28/23 4/30/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2021 2022 2023
Net sales 1 159.7 181 294.1 419.7 255
EBITDA 1 3.102 -1.021 -16.96 6.206 9.815
EBIT 1 -0.238 -4.397 -20.85 1.605 5.366
Operating Margin -0.15% -2.43% -7.09% 0.38% 2.1%
Earnings before Tax (EBT) 1 -0.775 -5.85 -22.87 2.511 3.923
Net income 1 -32.99 -7.017 -23.98 -1.695 1.192
Net margin -20.66% -3.88% -8.15% -0.4% 0.47%
EPS 2 -0.4314 -0.0763 -0.1849 -0.0104 0.006756
Free Cash Flow 1 -14.55 3.278 - -21.37 -9.349
FCF margin -9.11% 1.81% - -5.09% -3.67%
FCF Conversion (EBITDA) - - - - -
FCF Conversion (Net income) - - - - -
Dividend per Share - - - - -
Announcement Date 4/30/19 5/28/20 8/30/21 4/28/23 4/30/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2021 2022 2023
Net Debt 1 21.2 10.1 10.7 - -
Net Cash position 1 - - - 2.44 2.44
Leverage (Debt/EBITDA) 6.821 x -9.91 x -0.6294 x - -
Free Cash Flow 1 -14.6 3.28 - -21.4 -9.35
ROE (net income / shareholders' equity) -24.5% -22% - -7.88% 1.5%
ROA (Net income/ Total Assets) -0.17% -2.92% - -0.82% 2.55%
Assets 1 19,533 240.2 - 205.8 46.76
Book Value Per Share 2 0.3700 0.2900 0.4300 0.4500 0.4300
Cash Flow per Share 2 0.0600 0.0700 0.1500 0.1300 0.0600
Capex 1 1.58 1.55 1.93 1.71 2.82
Capex / Sales 0.99% 0.86% 0.66% 0.41% 1.1%
Announcement Date 4/30/19 5/28/20 8/30/21 4/28/23 4/30/24
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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