Projected Income Statement: Ibraco

Forecast Balance Sheet: Ibraco

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 2/25/22 2/24/23 2/28/24 2/21/25 2/27/26 - - -
Estimates

Cash Flow Forecast: Ibraco

Fiscal Period: December 2021 2023 2024 2025 2026 2027 2028
CAPEX 1 12.73 38.63 30.32 5.866 19.5 21.9 23.2
Change - - -21.49% -80.66% 232.42% 12.31% 5.94%
Free Cash Flow (FCF) 1 - - - - - - -
Change - - - - - - -
Announcement Date 2/25/22 2/28/24 2/21/25 2/27/26 - - -
1MYR in Million
Estimates

Forecast Financial Ratios: Ibraco

Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

        
EBITDA Margin (%) 17.91% 21.66% 21.01% 16.92% 17.84% 15.71% 16.76% 16.49%
EBIT Margin (%) - - - - - - - -
EBT Margin (%) 11.82% 16% 16.01% 12.56% - 11.66% 12.45% 12.66%
Net margin (%) 8.5% 11.18% 11.75% 8.58% - 7.61% 7.9% 8.06%
FCF margin (%) - - - - - - - -
FCF / Net Income (%) - - - - - - - -

Profitability

        
ROA 2.98% 3.88% 5.29% 4.36% - 3.9% 4.2% 4.5%
ROE 5.61% 6.87% 9.89% 9.81% 13.47% 9.7% 9.9% 10.4%

Financial Health

        
Leverage (Debt/EBITDA) - - - - - - - -
Debt / Free cash flow - - - - - - - -

Capital Intensity

        
CAPEX / Current Assets (%) 4.66% - 9.86% 5.39% 0.76% 2.56% 2.74% 2.64%
CAPEX / EBITDA (%) 25.99% - 46.92% 31.83% 4.28% 16.29% 16.36% 16.01%
CAPEX / FCF (%) - - - - - - - -

Items per share

        
Cash flow per share 1 0.0732 0.0501 0.0308 -0.1406 -0.0717 0.1 0.1 -
Change - -31.6% -38.42% -555.75% 49% 239.47% 0% -
Dividend per Share 1 0.02 0.02 0.035 - - 0.045 0.045 0.045
Change - 0% 75% - - - 0% 0%
Book Value Per Share 1 - - - - - - - -
Change - - - - - - - -
EPS 1 0.0425 0.0557 0.0843 0.0884 0.1324 0.106 0.116 0.13
Change - 31.06% 51.35% 4.86% 49.77% -19.94% 9.43% 12.07%
Nbr of stocks (in thousands) 546,046 546,046 546,046 546,046 546,046 546,046 546,046 546,046
Announcement Date 2/25/22 2/24/23 2/28/24 2/21/25 2/27/26 - - -
1MYR
Estimates
2026 *2027 *
P/E 9.81x 8.97x
PBR - -
EV / Sales 0.75x 0.71x
Yield 4.33% 4.33%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
1
Last Close Price
1.040MYR
Average target price
1.520MYR
Spread / Average Target
+46.15%

Annual profits - Rate of surprise