Financials MoneyMax Financial Services Ltd.

Equities

5WJ

SG2G06995143

Apparel & Accessories Retailers

Market Closed - Singapore S.E. 10:32:32 2024-04-23 pm EDT 5-day change 1st Jan Change
0.255 SGD 0.00% Intraday chart for MoneyMax Financial Services Ltd. 0.00% +18.60%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 53.07 55.55 63.33 84.47 92.87 95.08
Enterprise Value (EV) 1 222.4 247.5 304 430.8 514.9 619.4
P/E ratio 10.7 x 6.54 x 3.11 x 4.27 x 4.21 x 4.19 x
Yield - 6.37% 6.56% 4.97% 4.76% 4.65%
Capitalization / Revenue 0.36 x 0.3 x 0.32 x 0.42 x 0.37 x 0.33 x
EV / Revenue 1.52 x 1.36 x 1.54 x 2.16 x 2.03 x 2.17 x
EV / EBITDA 13.9 x 10.8 x 8.69 x 12.1 x 10.9 x 10.3 x
EV / FCF -21.7 x 18.9 x 21.3 x -10.8 x -17.6 x -9.63 x
FCF Yield -4.61% 5.3% 4.69% -9.28% -5.68% -10.4%
Price to Book 0.74 x 0.7 x 0.65 x 0.75 x 0.71 x 0.65 x
Nbr of stocks (in thousands) 442,250 442,250 442,250 442,250 442,250 442,250
Reference price 2 0.1200 0.1256 0.1432 0.1910 0.2100 0.2150
Announcement Date 4/11/19 4/14/20 4/4/21 4/11/22 4/11/23 4/8/24
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 146.5 182.2 197.1 199.2 253.5 285.7
EBITDA 1 16.05 23 34.98 35.63 47.08 60.22
EBIT 1 13.5 20.8 33.21 33.69 44.62 57.41
Operating Margin 9.21% 11.41% 16.85% 16.91% 17.6% 20.09%
Earnings before Tax (EBT) 1 6.933 12.62 26.76 25.45 29.74 32.03
Net income 1 4.98 8.494 20.38 19.8 22.05 22.67
Net margin 3.4% 4.66% 10.34% 9.94% 8.7% 7.93%
EPS 2 0.0113 0.0192 0.0461 0.0448 0.0499 0.0513
Free Cash Flow 1 -10.25 13.1 14.26 -39.98 -29.24 -64.29
FCF margin -7% 7.19% 7.23% -20.07% -11.53% -22.5%
FCF Conversion (EBITDA) - 56.97% 40.76% - - -
FCF Conversion (Net income) - 154.26% 69.98% - - -
Dividend per Share - 0.008000 0.009400 0.009500 0.0100 0.0100
Announcement Date 4/11/19 4/14/20 4/4/21 4/11/22 4/11/23 4/8/24
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 169 192 241 346 422 524
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 10.55 x 8.344 x 6.878 x 9.72 x 8.964 x 8.706 x
Free Cash Flow 1 -10.3 13.1 14.3 -40 -29.2 -64.3
ROE (net income / shareholders' equity) 7.44% 12% 23.7% 18.7% 18.1% 16.8%
ROA (Net income/ Total Assets) 3.23% 4.49% 6% 4.66% 4.85% 5.21%
Assets 1 154.4 189.2 339.9 424.6 454.4 434.8
Book Value Per Share 2 0.1600 0.1800 0.2200 0.2600 0.3000 0.3300
Cash Flow per Share 2 0.0300 0.0300 0.0300 0.0400 0.0500 0.0400
Capex 1 1.59 1.52 3.43 2.16 4.53 3.13
Capex / Sales 1.09% 0.83% 1.74% 1.08% 1.79% 1.1%
Announcement Date 4/11/19 4/14/20 4/4/21 4/11/22 4/11/23 4/8/24
1SGD in Million2SGD
Estimates
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