Financials FSM Holdings Limited

Equities

1721

KYG368431030

Iron & Steel

Market Closed - Hong Kong S.E. 04:08:32 2024-05-29 am EDT 5-day change 1st Jan Change
0.38 HKD 0.00% Intraday chart for FSM Holdings Limited 0.00% -17.39%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 114.9 79.47 58.78 66.61 49.75 77.71
Enterprise Value (EV) 1 90.52 58.43 37.71 46.87 27.15 53.12
P/E ratio 48.5 x 1,347 x -22.6 x -21.2 x 24.1 x -15.9 x
Yield - - - - - -
Capitalization / Revenue 5.79 x 8.27 x 5.68 x 4.14 x 2.13 x 4.84 x
EV / Revenue 4.56 x 6.08 x 3.65 x 2.92 x 1.17 x 3.31 x
EV / EBITDA 10.6 x 25.5 x -47.4 x -49.7 x 5.69 x -32.8 x
EV / FCF 30.4 x -49.7 x 28.1 x 108 x 8.5 x 43.9 x
FCF Yield 3.29% -2.01% 3.55% 0.92% 11.8% 2.28%
Price to Book 2.9 x 2.01 x 1.65 x 2.04 x 1.44 x 2.28 x
Nbr of stocks (in thousands) 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000 1,000,000
Reference price 2 0.1149 0.0795 0.0588 0.0666 0.0497 0.0777
Announcement Date 4/12/19 4/23/20 1/6/22 4/22/22 4/25/23 4/25/24
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 19.85 9.609 10.34 16.08 23.3 16.07
EBITDA 1 8.577 2.295 -0.795 -0.943 4.769 -1.62
EBIT 1 7.131 0.345 -2.82 -2.836 3.248 -3.125
Operating Margin 35.93% 3.59% -27.27% -17.64% 13.94% -19.44%
Earnings before Tax (EBT) 1 2.951 0.449 -2.712 -2.54 3.214 -4.127
Net income 1 2.052 0.059 -2.599 -3.14 2.061 -4.876
Net margin 10.34% 0.61% -25.13% -19.53% 8.85% -30.34%
EPS 2 0.002370 0.000059 -0.002599 -0.003140 0.002061 -0.004876
Free Cash Flow 1 2.977 -1.175 1.34 0.4328 3.196 1.209
FCF margin 15% -12.23% 12.95% 2.69% 13.72% 7.53%
FCF Conversion (EBITDA) 34.7% - - - 67.02% -
FCF Conversion (Net income) 145.06% - - - 155.07% -
Dividend per Share - - - - - -
Announcement Date 4/12/19 4/23/20 1/6/22 4/22/22 4/25/23 4/25/24
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 24.3 21 21.1 19.7 22.6 24.6
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 2.98 -1.17 1.34 0.43 3.2 1.21
ROE (net income / shareholders' equity) 7.2% 0.15% -7.02% -9.19% 6.13% -14.2%
ROA (Net income/ Total Assets) 12.2% 0.47% -4.09% -4.33% 4.83% -3.94%
Assets 1 16.8 12.47 63.62 72.55 42.67 123.6
Book Value Per Share 2 0.0400 0.0400 0.0400 0.0300 0.0300 0.0300
Cash Flow per Share 2 0.0200 0.0100 0.0100 0.0100 0.0100 0.0400
Capex 1 1.68 0.98 0.31 0.49 0.81 0.01
Capex / Sales 8.45% 10.18% 2.95% 3.03% 3.48% 0.08%
Announcement Date 4/12/19 4/23/20 1/6/22 4/22/22 4/25/23 4/25/24
1SGD in Million2SGD
Estimates
  1. Stock Market
  2. Equities
  3. 1721 Stock
  4. Financials FSM Holdings Limited