Financials SAM Engineering & Equipment (M)

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
4.88 ^MYR	-0.20%		+8.44%	+20.20%

Mar. 27	SAM Engineering & Equipment (M) Berhad Appoints Piroon Saengpakdee as Independent and Non Executive Director	CI
Feb. 23	Sam Engineering & Equipment (M) Berhad Reports Unaudited Property, Plant and Equipment Written Off for the Three Months Ended December 31, 2023	CI

Fiscal Period: March	2019	2020	2022	2023	2024	2025	2026
Capitalization ¹	1,053	720.4	2,572	2,448	3,304	-	-
Enterprise Value (EV) ¹	1,129	720.4	2,572	2,448	3,304	3,304	3,304
P/E ratio	13.4 x	9.02 x	34.1 x	27.5 x	34.1 x	25.8 x	19.7 x
Yield	3.73%	-	-	0.55%	0.56%	0.87%	1.26%
Capitalization / Revenue	1.39 x	-	-	1.69 x	2.11 x	1.76 x	1.48 x
EV / Revenue	1.39 x	-	-	1.69 x	2.11 x	1.76 x	1.48 x
EV / EBITDA	7.85 x	-	-	12.3 x	15 x	12 x	10.2 x
EV / FCF	-14.7 x	-	-	-9.73 x	-9.04 x	73.4 x	27.1 x
FCF Yield	-6.8%	-	-	-10.3%	-11.1%	1.36%	3.69%
Price to Book	1.97 x	-	-	3.01 x	2.92 x	2.72 x	2.44 x
Nbr of stocks (in thousands)	540,668	540,668	541,400	541,589	676,987	-	-
Reference price ²	1.948	1.332	4.750	4.520	4.880	4.880	4.880
Announcement Date	5/21/19	6/5/20	5/24/22	5/24/23	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: March	2019	2020	2022	2023	2024	2025	2026
Net sales ¹	755	-	-	1,445	1,567	1,881	2,229
EBITDA ¹	134.1	-	-	199	220.2	275.4	324.4
EBIT ¹	97.55	-	-	130	136.1	181.4	229.8
Operating Margin	12.92%	-	-	9%	8.68%	9.65%	10.31%
Earnings before Tax (EBT) ¹	94.8	-	-	115	119	165.2	214.5
Net income ¹	78.51	79.82	75.46	88.85	93.05	129	167.4
Net margin	10.4%	-	-	6.15%	5.94%	6.86%	7.51%
EPS ²	0.1452	0.1476	0.1394	0.1641	0.1430	0.1895	0.2480
Free Cash Flow ¹	-71.61	-	-	-251.6	-365.4	45	121.8
FCF margin	-9.49%	-	-	-17.41%	-23.32%	2.39%	5.46%
FCF Conversion (EBITDA)	-	-	-	-	-	16.34%	37.55%
FCF Conversion (Net income)	-	-	-	-	-	34.9%	72.78%
Dividend per Share ²	0.0726	-	-	0.0250	0.0275	0.0425	0.0615
Announcement Date	5/21/19	6/5/20	5/24/22	5/24/23	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: March	2019	2020	2022	2023	2024	2025	2026
Net Debt	75.8	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	0.5654 x	-	-	-	-	-	-
Free Cash Flow ¹	-71.6	-	-	-252	-365	45	122
ROE (net income / shareholders' equity)	15.6%	-	-	11.8%	9.45%	11.1%	12.9%
ROA (Net income/ Total Assets)	10.7%	-	-	6.31%	5.46%	6.49%	7.64%
Assets ¹	733.1	-	-	1,407	1,704	1,987	2,192
Book Value Per Share ²	0.9900	-	-	1.500	1.670	1.800	2.000
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	103	-	-	219	87.1	62.5	59.6
Capex / Sales	13.59%	-	-	15.16%	5.55%	3.32%	2.67%
Announcement Date	5/21/19	6/5/20	5/24/22	5/24/23	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

HOLD

Number of Analysts

Last Close Price

4.88 MYR

Average target price

4.55 MYR

Spread / Average Target

-6.76%

	1st Jan change	Capi.
SAM ENGINEERING & EQUIPMENT (M)	+20.20%	693M
ATLAS COPCO AB	+11.73%	82.35B
PARKER-HANNIFIN CORPORATION	+20.17%	71.09B
INGERSOLL RAND INC.	+20.89%	37.72B
XYLEM INC.	+15.77%	32.01B
FANUC CORPORATION	+9.19%	27.2B
FORTIVE CORPORATION	+3.18%	26.74B
SANDVIK AB	+4.22%	26B
TECHTRONIC INDUSTRIES CO. LTD.	+16.93%	25.5B
DOVER CORPORATION	+17.14%	24.76B