Financials Nestlé (Malaysia) OTC Markets

Equities

NSLYF

MYL4707OO005

Food Processing

Market Closed - OTC Markets 09:30:02 2024-05-03 EDT 5-day change 1st Jan Change
27 USD +5.28% Intraday chart for Nestlé (Malaysia) -.--% +1.69%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 34,472 32,572 31,470 32,830 27,577 28,726 - -
Enterprise Value (EV) 1 34,924 32,920 31,809 33,609 28,286 29,406 29,414 29,409
P/E ratio 51.2 x 58.9 x 55.2 x 52.9 x 41.8 x 37.7 x 35.7 x 33.6 x
Yield 1.9% 1.67% 1.8% 1.87% 2.28% 2.6% 2.73% 2.91%
Capitalization / Revenue 6.25 x 6.02 x 5.49 x 4.93 x 3.91 x 3.96 x 3.81 x 3.63 x
EV / Revenue 6.33 x 6.08 x 5.55 x 5.04 x 4.01 x 4.05 x 3.9 x 3.71 x
EV / EBITDA 32.4 x 35.3 x 32.4 x 30.5 x 24.6 x 22.7 x 21.4 x 20.5 x
EV / FCF 64.3 x 53.6 x 51.9 x 169 x 30.6 x 37.6 x 36 x 31.4 x
FCF Yield 1.55% 1.87% 1.93% 0.59% 3.27% 2.66% 2.77% 3.18%
Price to Book 51.8 x 58.5 x 54 x 52.4 x 40.8 x 43.6 x 41.4 x 38.2 x
Nbr of stocks (in thousands) 234,500 234,500 234,500 234,500 234,500 234,500 - -
Reference price 2 147.0 138.9 134.2 140.0 117.6 122.5 122.5 122.5
Announcement Date 20-02-25 21-02-23 22-02-22 23-02-21 24-02-27 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,518 5,412 5,734 6,664 7,051 7,255 7,547 7,919
EBITDA 1 1,079 932.5 980.3 1,101 1,150 1,293 1,376 1,435
EBIT 1 912 756 786.1 902.9 939.3 1,070 1,139 1,200
Operating Margin 16.53% 13.97% 13.71% 13.55% 13.32% 14.74% 15.09% 15.15%
Earnings before Tax (EBT) 1 875.7 724.8 751.8 859.5 879.1 1,014 1,071 1,140
Net income 1 672.9 552.7 569.8 620.3 659.9 770.5 812.7 865.2
Net margin 12.19% 10.21% 9.94% 9.31% 9.36% 10.62% 10.77% 10.92%
EPS 2 2.870 2.357 2.430 2.645 2.814 3.246 3.431 3.645
Free Cash Flow 1 543 614.7 612.7 199.3 923.6 781.2 816.2 936.3
FCF margin 9.84% 11.36% 10.69% 2.99% 13.1% 10.77% 10.82% 11.82%
FCF Conversion (EBITDA) 50.31% 65.93% 62.51% 18.1% 80.28% 60.43% 59.3% 65.26%
FCF Conversion (Net income) 80.7% 111.22% 107.54% 32.13% 139.97% 101.39% 100.43% 108.22%
Dividend per Share 2 2.800 2.320 2.420 2.620 2.680 3.186 3.348 3.559
Announcement Date 20-02-25 21-02-23 22-02-22 23-02-21 24-02-27 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1 2023 Q2 2023 Q3 2024 Q1 2024 Q2
Net sales 1 - - - 1,783 1,751
EBITDA - - - - -
EBIT 1 - - - - 255.5
Operating Margin - - - - 14.59%
Earnings before Tax (EBT) 1 - - - - 239.8
Net income 205.2 180.9 133.7 - -
Net margin - - - - -
EPS 0.8750 0.7715 0.5702 - -
Dividend per Share - - - - -
Announcement Date 22-04-26 23-07-27 23-10-26 24-04-29 -
1MYR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 453 348 339 779 709 680 687 683
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 0.4193 x 0.3736 x 0.3456 x 0.7071 x 0.6161 x 0.5258 x 0.4995 x 0.4761 x
Free Cash Flow 1 543 615 613 199 924 781 816 936
ROE (net income / shareholders' equity) 102% 90.5% 100% 103% 101% 114% 116% 115%
ROA (Net income/ Total Assets) 24.1% 19.8% 19.5% 19% 18.5% 21.7% 22.7% 23.3%
Assets 1 2,787 2,794 2,923 3,269 3,562 3,557 3,582 3,716
Book Value Per Share 2 2.840 2.380 2.480 2.670 2.880 2.810 2.960 3.200
Cash Flow per Share 2 3.100 3.880 3.780 2.180 5.440 3.970 4.170 4.360
Capex 1 183 295 275 312 353 305 313 298
Capex / Sales 3.32% 5.44% 4.79% 4.69% 5% 4.2% 4.14% 3.76%
Announcement Date 20-02-25 21-02-23 22-02-22 23-02-21 24-02-27 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
11
Last Close Price
122.5 MYR
Average target price
128.8 MYR
Spread / Average Target
+5.12%
Consensus