Financials Koh Brothers Eco Engineering Limited

Equities

5HV

SG1S95928879

Construction & Engineering

Market Closed - Singapore S.E. 05:04:37 2024-04-25 am EDT 5-day change 1st Jan Change
0.023 SGD 0.00% Intraday chart for Koh Brothers Eco Engineering Limited +9.52% -4.17%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 67.26 95.34 61.98 140.9 90.17 67.63
Enterprise Value (EV) 1 90.62 135.1 85.95 148.4 92.28 47.68
P/E ratio 9.15 x 16.4 x -5.17 x 62.5 x 41.4 x -4.44 x
Yield 2.33% 0.37% - 0.5% 0.78% 1.04%
Capitalization / Revenue 0.2 x 0.33 x 0.34 x 0.78 x 0.43 x 0.38 x
EV / Revenue 0.28 x 0.46 x 0.47 x 0.82 x 0.44 x 0.27 x
EV / EBITDA 8.08 x 9.35 x 23.5 x 11.8 x 14.9 x -7.45 x
EV / FCF -1.42 x -8.53 x 7.63 x -6.29 x 3.02 x 1.37 x
FCF Yield -70.2% -11.7% 13.1% -15.9% 33.1% 72.8%
Price to Book 0.74 x 0.91 x 0.6 x 0.99 x 0.62 x 0.52 x
Nbr of stocks (in thousands) 1,564,129 1,765,517 1,999,277 2,817,832 2,817,832 2,817,995
Reference price 2 0.0430 0.0540 0.0310 0.0500 0.0320 0.0240
Announcement Date 4/1/19 4/14/20 4/12/21 4/11/22 4/10/23 4/11/24
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 328.8 290.6 182.3 180.6 211.7 177
EBITDA 1 11.22 14.45 3.659 12.63 6.203 -6.398
EBIT 1 4.584 7.744 -8.473 4.26 4.304 -10.44
Operating Margin 1.39% 2.66% -4.65% 2.36% 2.03% -5.89%
Earnings before Tax (EBT) 1 7.021 6.925 -10.21 3.729 4.455 -11.58
Net income 1 5.607 5.654 -11.78 2.038 2.181 -15.17
Net margin 1.71% 1.95% -6.46% 1.13% 1.03% -8.57%
EPS 2 0.004700 0.003300 -0.006000 0.000800 0.000773 -0.005400
Free Cash Flow 1 -63.61 -15.84 11.27 -23.6 30.54 34.71
FCF margin -19.35% -5.45% 6.18% -13.07% 14.42% 19.61%
FCF Conversion (EBITDA) - - 307.97% - 492.33% -
FCF Conversion (Net income) - - - - 1,400.24% -
Dividend per Share 2 0.001000 0.000200 - 0.000250 0.000250 0.000250
Announcement Date 4/1/19 4/14/20 4/12/21 4/11/22 4/10/23 4/11/24
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 23.4 39.8 24 7.56 2.11 -
Net Cash position 1 - - - - - 20
Leverage (Debt/EBITDA) 2.083 x 2.752 x 6.553 x 0.5984 x 0.3397 x -
Free Cash Flow 1 -63.6 -15.8 11.3 -23.6 30.5 34.7
ROE (net income / shareholders' equity) 7.45% 6.16% -10.3% 2.12% 2.27% -9.34%
ROA (Net income/ Total Assets) 1.21% 1.71% -1.79% 0.95% 0.94% -2.26%
Assets 1 462.5 330 659 214.8 232.9 670.5
Book Value Per Share 2 0.0600 0.0600 0.0500 0.0500 0.0500 0.0500
Cash Flow per Share 2 0.0100 0.0300 0.0300 0.0200 0.0200 0.0300
Capex 1 16.3 21.1 0.52 1.4 2.5 0.97
Capex / Sales 4.97% 7.26% 0.28% 0.78% 1.18% 0.55%
Announcement Date 4/1/19 4/14/20 4/12/21 4/11/22 4/10/23 4/11/24
1SGD in Million2SGD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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