Financials Solarvest Holdings

Equities

SLVEST

MYQ0215OO002

Electric Utilities

End-of-day quote BURSA MALAYSIA 06:00:00 2024-06-03 pm EDT 5-day change 1st Jan Change
1.61 MYR 0.00% Intraday chart for Solarvest Holdings -0.62% +23.85%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 285.2 969.9 530.7 567.4 1,117 - -
Enterprise Value (EV) 1 285.2 897.2 487.3 606.4 1,017 1,117 1,117
P/E ratio 11.6 x 49.8 x 78.7 x 29.2 x 33 x 24.3 x 20.1 x
Yield - 0.65% - - 0.54% 0.65% 0.31%
Capitalization / Revenue 1.13 x 4.32 x 2.99 x 1.55 x 2.12 x 1.86 x 1.41 x
EV / Revenue 1.13 x 4 x 2.74 x 1.66 x 1.93 x 1.86 x 1.41 x
EV / EBITDA 13.1 x 32.8 x 29.4 x 16.8 x 17.6 x 15.2 x 13.1 x
EV / FCF - 330 x -6.95 x -7.6 x 68.3 x 115 x 24.9 x
FCF Yield - 0.3% -14.4% -13.2% 1.46% 0.87% 4.02%
Price to Book 3.48 x 7.29 x 3.06 x 2.83 x 4.74 x 3.98 x 3.35 x
Nbr of stocks (in thousands) 585,935 633,953 667,554 667,554 693,867 - -
Reference price 2 0.4867 1.530 0.7950 0.8500 1.610 1.610 1.610
Announcement Date 6/29/20 5/24/21 5/26/22 5/25/23 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net sales 1 253.4 224.3 177.8 365.5 527.3 602.1 792.9
EBITDA 1 21.8 27.32 16.6 36.04 57.8 73.3 85.2
EBIT 1 19.9 24.52 13.1 31.76 51.47 73.17 88.23
Operating Margin 7.85% 10.93% 7.37% 8.69% 9.76% 12.15% 11.13%
Earnings before Tax (EBT) 1 16.48 22.69 11.02 27.74 47.65 65.92 80.28
Net income 1 15.66 16.14 6.906 19.72 32.42 47.14 55.76
Net margin 6.18% 7.2% 3.89% 5.39% 6.15% 7.83% 7.03%
EPS 2 0.0419 0.0307 0.0101 0.0291 0.0488 0.0662 0.0802
Free Cash Flow 1 - 2.717 -70.12 -79.76 14.9 9.7 44.95
FCF margin - 1.21% -39.45% -21.82% 2.83% 1.61% 5.67%
FCF Conversion (EBITDA) - 9.95% - - 25.78% 13.23% 52.76%
FCF Conversion (Net income) - 16.83% - - 45.96% 20.58% 80.61%
Dividend per Share 2 - 0.0100 - - 0.008670 0.0105 0.005000
Announcement Date 6/29/20 5/24/21 5/26/22 5/25/23 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2024 Q4
Net sales -
EBITDA 1 17.7
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 7.8
Net margin -
EPS -
Dividend per Share -
Announcement Date -
1MYR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 39 - - -
Net Cash position 1 - 72.7 43.4 - 100 - -
Leverage (Debt/EBITDA) - - - 1.081 x - - -
Free Cash Flow 1 - 2.72 -70.1 -79.8 14.9 9.7 45
ROE (net income / shareholders' equity) 27.8% 15.2% 4.54% 10.8% 14.3% 17.1% 16.6%
ROA (Net income/ Total Assets) - - 2.83% 5.41% 9.6% 8.3% 9%
Assets 1 - - 243.8 364.7 337.7 568 619.6
Book Value Per Share 2 0.1400 0.2100 0.2600 0.3000 0.3400 0.4100 0.4800
Cash Flow per Share - - - - - - -
Capex 1 0.86 2.41 6.1 137 39.5 41.3 32.5
Capex / Sales 0.34% 1.07% 3.43% 37.47% 7.49% 6.87% 4.1%
Announcement Date 6/29/20 5/24/21 5/26/22 5/25/23 - - -
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
C+
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
1.61 MYR
Average target price
1.777 MYR
Spread / Average Target
+10.35%
Consensus

Annual profits - Rate of surprise

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