Financials QES Group

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 18:00:00 2024-06-27 EDT			5-day change	1st Jan Change
0.695 ^MYR	+0.72%		-4.79%	+36.27%

05-31	QES Group Berhad Announces Retirement of Hoh Chee Mun as Independent and Non Executive Member of Audit Committee	CI
05-31	QES Group Berhad Announces Redesignation of Encik Adnan Bin Zainol as Non Independent and Non Executive Chairman from Non Executive Chairman	CI

Fiscal Period: December	2019	2021	2022	2023	2024	2025	2026
Capitalization ¹	174.4	550.5	533.8	425.4	579.7	-	-
Enterprise Value (EV) ¹	122.7	550.5	533.8	425.4	579.7	579.7	579.7
P/E ratio	52.3 x	28.9 x	20.2 x	-	16.2 x	-	-
Yield	1.57%	-	0.78%	-	0.86%	1.01%	1.15%
Capitalization / Revenue	1.08 x	-	2.02 x	1.77 x	2.04 x	1.77 x	1.82 x
EV / Revenue	1.08 x	-	2.02 x	1.77 x	2.04 x	1.77 x	1.82 x
EV / EBITDA	16.9 x	-	13.8 x	-	16 x	13.6 x	12.5 x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	1.92 x	-	3.37 x	-	3.48 x	2.32 x	2.32 x
Nbr of stocks (in thousands)	758,308	834,139	834,139	834,139	834,139	-	-
Reference price ²	0.2300	0.6600	0.6400	0.5100	0.6950	0.6950	0.6950
Announcement Date	2/24/20	2/23/22	2/23/23	2/23/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2021	2022	2023	2024	2025	2026
Net sales ¹	161.4	-	264.4	240.7	284.1	327.9	319.3
EBITDA ¹	10.31	-	38.63	-	36.3	42.7	46.3
EBIT ¹	6.547	-	36.39	27.48	23.6	45.2	-
Operating Margin	4.06%	-	13.76%	11.42%	8.31%	13.78%	-
Earnings before Tax (EBT) ¹	5.6	-	34.39	25.56	26.6	48.2	-
Net income ¹	3.307	18.98	26.42	18.47	19.7	35.7	-
Net margin	2.05%	-	9.99%	7.67%	6.93%	10.89%	-
EPS ²	0.004400	0.0228	0.0317	-	0.0430	-	-
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	0.003600	-	0.005000	-	0.006000	0.007000	0.008000
Announcement Date	2/24/20	2/23/22	2/23/23	2/23/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-
Net Cash position	51.7	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	3.74%	-	17.9%	11.1%	11.2%	14.6%	12.7%
ROA (Net income/ Total Assets)	-	-	11%	28.1%	17.2%	20.1%	8.5%
Assets ¹	-	-	240.5	65.83	114.9	178.1	-
Book Value Per Share ²	0.1200	-	0.1900	-	0.2000	0.3000	0.3000
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	4.06	-	13.6	6.86	12.5	28	-
Capex / Sales	2.51%	-	5.16%	2.85%	4.4%	8.54%	-
Announcement Date	2/24/20	2/23/22	2/23/23	2/23/24	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.695 MYR

Average target price

0.8575 MYR

Spread / Average Target

+23.38%

	1st Jan change	Capi.
QES GROUP	+36.27%	123M
NINGBO SANXING MEDICAL ELECTRIC CO.,LTD.	+70.73%	6.8B
CHROMA ATE INC.	+49.30%	4.15B
ZHONGHANG ELECTRONIC MEASURING INSTRUMENTS CO.,LTD	+3.43%	3.65B
HEFEI MEYER OPTOELECTRONIC TECHNOLOGY INC.	-15.99%	2B
LEM HOLDING SA	-31.08%	1.81B
JIANGSU LINYANG ENERGY CO., LTD.	-1.88%	1.76B
HANGZHOU SUNRISE TECHNOLOGY CO.,LTD.	+24.45%	1.2B
CHANGCHUN UP OPTOTECH CO.,LTD.	-1.87%	1.09B
QINGDAO EASTSOFT COMMUNICATION TECHNOLOGY CO.,LTD	-23.26%	737M