Projected Income Statement: RCE Capital

Forecast Balance Sheet: RCE Capital

Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Net Debt - - - - - - - -
Change - - - - - - - -
Announcement Date 5/25/21 7/27/22 5/23/23 5/24/24 5/22/25 5/26/26 - -
Estimates

Cash Flow Forecast: RCE Capital

Fiscal Period: March 2020 2021 2022 2023 2024 2025
CAPEX 1 3.468 1.849 2.256 2.776 2.711 1.182
Change - -46.69% 21.99% 23.06% -2.34% -56.38%
Free Cash Flow (FCF) 1 - - - - - -
Change - - - - - -
Announcement Date 8/24/20 8/25/21 7/27/22 7/27/23 7/29/24 7/29/25
1MYR in Million
Estimates

Forecast Financial Ratios: RCE Capital

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026 2027 2028

Profitability

         
EBITDA Margin (%) - - - - - - - - -
EBIT Margin (%) - 78.76% 78.86% 81.35% 76.59% 75.94% 74.81% 75.06% 75.49%
EBT Margin (%) - 72.05% 74.04% 70.37% 65.82% 54.81% 65.54% 65.85% 65.47%
Net margin (%) - 53.7% 55.63% 53.1% 49.41% 39.48% 48.21% 48.16% 48.69%
FCF margin (%) - - - - - - - - -
FCF / Net Income (%) - - - - - - - - -

Profitability

         
ROA - 5.06% 5.41% 4.89% 4.67% 3.53% 4.23% 4.35% 4.4%
ROE - 17.22% 18.4% 16.54% 16.97% 12.64% 14.8% 15% 15.03%

Financial Health

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

Capital Intensity

         
CAPEX / Current Assets (%) - - - - - - - - -
CAPEX / EBITDA (%) - - - - - - - - -
CAPEX / FCF (%) - - - - - - - - -

Items per share

         
Cash flow per share 1 - - - - - - - - -
Change - - - - - - - - -
Dividend per Share 1 - 0.0341 0.0384 0.06 0.075 0.065 0.065 0.07 0.069
Change - - 12.45% 56.33% 25% -13.33% 0% 11.7% -1.43%
Book Value Per Share 1 - 0.5644 0.5958 0.5496 0.5662 0.5719 0.5931 0.61 0.6533
Change - - 5.58% -7.75% 3% 1.01% 3.71% 3.39% 7.1%
EPS 1 - 0.0918 0.091 0.0942 0.0942 0.0716 0.086 0.09 0.095
Change - - -0.98% 3.63% 0% -24.03% 20.11% 7.14% 5.56%
Nbr of stocks (in thousands) - 1,371,619 1,463,542 1,465,701 1,465,701 1,468,035 1,468,035 1,468,035 1,468,035
Announcement Date - 5/25/21 7/27/22 5/23/23 5/24/24 5/22/25 5/26/26 - -
1MYR
Estimates
2026 2027 *
P/E 12.2x 11.8x
PBR 1.77x 1.74x
EV / Sales 5.87x 5.67x
Yield 6.19% 6.6%

EPS & Dividend

Y-o-Y evolution of P/E

Year-on-year evolution of the Yield

Trader
Investor
-
Global
-
Quality
ESG MSCI
-
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
3
Last Close Price
1.060MYR
Average target price
1.227MYR
Spread / Average Target
+15.72%

Annual profits - Rate of surprise

  1. Stock Market
  2. Stocks
  3. 9296 Stock
  4. Financials RCE Capital