Financials Sunway Construction Group

Equities

SUNCON

MYL5263OO008

Construction & Engineering

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
3.03 MYR +1.00% Intraday chart for Sunway Construction Group +7.45% +56.19%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,463 2,424 2,011 2,011 2,501 3,907 - -
Enterprise Value (EV) 1 2,056 2,525 2,150 2,011 2,501 4,389 4,258 4,123
P/E ratio 19.1 x 33.3 x 17.9 x 14.9 x 17.2 x 21.8 x 18.5 x 16.8 x
Yield 3.66% 2.13% 3.37% - - 2.32% 2.55% 2.96%
Capitalization / Revenue 1.39 x 1.56 x 1.16 x 0.93 x 0.94 x 1.23 x 1.13 x 1.05 x
EV / Revenue 1.16 x 1.63 x 1.24 x 0.93 x 0.94 x 1.38 x 1.23 x 1.11 x
EV / EBITDA 11.3 x 20.4 x 12.9 x 9.57 x 10.2 x 15.5 x 13.6 x 12.3 x
EV / FCF 11.4 x 29.9 x 10.6 x - - 69.2 x 30.9 x 19.9 x
FCF Yield 8.74% 3.34% 9.46% - - 1.45% 3.24% 5.02%
Price to Book 3.95 x 3.81 x 2.88 x - - 4.31 x 3.85 x 3.44 x
Nbr of stocks (in thousands) 1,289,359 1,289,359 1,289,359 1,289,359 1,289,359 1,289,359 - -
Reference price 2 1.910 1.880 1.560 1.560 1.940 3.030 3.030 3.030
Announcement Date 2/20/20 2/23/21 2/23/22 4/13/23 2/20/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,769 1,553 1,729 2,155 2,671 3,174 3,472 3,710
EBITDA 1 181.3 124 166.8 210.3 245.3 282.8 313.3 336.4
EBIT 1 141 90.52 139.4 186.5 224.3 253.7 285.6 312.5
Operating Margin 7.97% 5.83% 8.06% 8.65% 8.4% 7.99% 8.23% 8.42%
Earnings before Tax (EBT) 1 157.4 101.1 152.2 184.1 188.6 231.9 272.6 293.6
Net income 1 129.3 72.79 112.6 135.2 145.1 180.9 212.3 232.6
Net margin 7.31% 4.69% 6.51% 6.27% 5.43% 5.7% 6.11% 6.27%
EPS 2 0.1002 0.0564 0.0873 0.1048 0.1125 0.1390 0.1635 0.1807
Free Cash Flow 1 179.8 84.41 203.5 - - 63.47 137.8 206.9
FCF margin 10.17% 5.44% 11.77% - - 2% 3.97% 5.58%
FCF Conversion (EBITDA) 99.18% 68.09% 121.98% - - 22.44% 43.99% 61.52%
FCF Conversion (Net income) 139.03% 115.97% 180.75% - - 35.09% 64.93% 88.97%
Dividend per Share 2 0.0700 0.0400 0.0525 - - 0.0702 0.0773 0.0898
Announcement Date 2/20/20 2/23/21 2/23/22 4/13/23 2/20/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q4 2023 Q2 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1
Net sales 1 - - 871.5 740.9 771.7 771.7 802.6 818
EBITDA 1 - - 87.01 66.62 69.4 69.4 72.17 69.08
EBIT 1 64.33 - 81.79 62.13 64.71 64.71 67.3 64.3
Operating Margin - - 9.39% 8.39% 8.39% 8.39% 8.39% 7.86%
Earnings before Tax (EBT) 56.31 - - - - - - -
Net income - 33 - - - - - -
Net margin - - - - - - - -
EPS 2 - 0.0256 0.0382 0.0303 0.0316 0.0316 0.0328 -
Dividend per Share 2 - - - - 0.0379 - 0.0379 -
Announcement Date 4/13/23 8/23/23 2/20/24 - - - - -
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 101 139 - - 483 352 217
Net Cash position 1 407 - - - - - - -
Leverage (Debt/EBITDA) - 0.8135 x 0.8336 x - - 1.707 x 1.123 x 0.6439 x
Free Cash Flow 1 180 84.4 204 - - 63.5 138 207
ROE (net income / shareholders' equity) 21.3% 11.6% 16.9% - - 20.5% 21.7% 21.6%
ROA (Net income/ Total Assets) 7.04% 3.72% 5.97% - - 4.98% 5.39% 5.32%
Assets 1 1,837 1,954 1,885 - - 3,632 3,938 4,375
Book Value Per Share 2 0.4800 0.4900 0.5400 - - 0.7000 0.7900 0.8800
Cash Flow per Share 2 0.1500 0.0700 0.1800 - - 0.3400 0.1100 0.1800
Capex 1 8.27 3.39 34.8 - - 23.8 24.2 24.1
Capex / Sales 0.47% 0.22% 2.01% - - 0.75% 0.7% 0.65%
Announcement Date 2/20/20 2/23/21 2/23/22 4/13/23 2/20/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
OUTPERFORM
Number of Analysts
14
Last Close Price
3.03 MYR
Average target price
3.012 MYR
Spread / Average Target
-0.59%
Consensus
  1. Stock Market
  2. Equities
  3. SUNCON Stock
  4. Financials Sunway Construction Group