Financials UEM Edgenta

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-29 pm EDT			5-day change	1st Jan Change
0.92 ^MYR	-0.54%		-2.13%	-7.07%

Apr. 08	UEM Edgenta Bags Hospital Support Services Deals in Singapore; Shares Climb 4%	MT
Feb. 28	UEM Edgenta Berhad Announces Single Tier Interim Dividend for the Financial Year Ended 31 December 2023, Payable on 17 May 2024	CI

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	2,262	2,503	1,588	1,347	948.1	765.1	765.1	-
Enterprise Value (EV) ¹	2,299	2,503	1,588	1,347	948.1	823.3	765.1	765.1
P/E ratio	15.3 x	13.8 x	118 x	31.8 x	20.7 x	26.7 x	17.7 x	17 x
Yield	5.15%	4.65%	-	1.85%	3.51%	2.02%	2.17%	2.17%
Capitalization / Revenue	1.04 x	1.04 x	0.78 x	0.59 x	0.38 x	0.29 x	0.27 x	0.26 x
EV / Revenue	1.04 x	1.04 x	0.78 x	0.59 x	0.38 x	0.29 x	0.27 x	0.26 x
EV / EBITDA	8.5 x	7.73 x	12.6 x	8.77 x	5.32 x	5.18 x	4.75 x	4.65 x
EV / FCF	-	-	-	-	11.8 x	-8.57 x	30.6 x	29.4 x
FCF Yield	-	-	-	-	8.47%	-11.7%	3.27%	3.4%
Price to Book	1.51 x	1.59 x	1.06 x	0.88 x	0.6 x	0.51 x	0.47 x	0.46 x
Nbr of stocks (in thousands)	831,624	831,624	831,624	831,624	831,624	831,624	831,624	-
Reference price ²	2.720	3.010	1.910	1.620	1.140	0.9200	0.9200	0.9200
Announcement Date	2/25/19	2/26/20	2/25/21	2/24/22	2/28/23	2/28/24	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	2,183	2,411	2,041	2,293	2,524	2,879	2,816	2,888
EBITDA ¹	266	323.8	126.1	153.7	178.3	158.9	161	164.5
EBIT ¹	198.7	241.2	47.53	72.02	96.02	70.39	33	35
Operating Margin	9.1%	10%	2.33%	3.14%	3.8%	2.45%	1.17%	1.21%
Earnings before Tax (EBT) ¹	198.2	245	45.89	79.36	93.77	63.65	36	38
Net income ¹	148.2	181.8	13.46	42.4	45.88	30.84	43.15	45.95
Net margin	6.79%	7.54%	0.66%	1.85%	1.82%	1.07%	1.53%	1.59%
EPS ²	0.1783	0.2186	0.0162	0.0510	0.0552	0.0371	0.0520	0.0540
Free Cash Flow ¹	-	-	-	-	80.29	-96.06	25	26
FCF margin	-	-	-	-	3.18%	-3.34%	0.89%	0.9%
FCF Conversion (EBITDA)	-	-	-	-	45.03%	30.21%	15.53%	15.81%
FCF Conversion (Net income)	-	-	-	-	175.01%	102.27%	57.94%	56.58%
Dividend per Share ²	0.1400	0.1400	-	0.0300	0.0400	0.0200	0.0200	0.0200
Announcement Date	2/25/19	2/26/20	2/25/21	2/24/22	2/28/23	2/28/24	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt	37.1	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	0.1393 x	-	-	-	-	-	-	-
Free Cash Flow ¹	-	-	-	-	80.3	-96.1	25	26
ROE (net income / shareholders' equity)	9.91%	11.7%	0.88%	3.25%	2.94%	1.93%	2.1%	2.2%
ROA (Net income/ Total Assets)	5.19%	6.23%	0.47%	1.73%	1.59%	1.06%	1.1%	1.2%
Assets ¹	2,855	2,920	2,893	2,454	2,880	2,924	3,923	3,829
Book Value Per Share ²	1.810	1.890	1.800	1.840	1.900	1.950	1.970	1.990
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	54.4	76.6	27.9	42.7	24.1	46.2	74	75
Capex / Sales	2.49%	3.18%	1.37%	1.86%	0.96%	1.6%	2.63%	2.6%
Announcement Date	2/25/19	2/26/20	2/25/21	2/24/22	2/28/23	2/28/24	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

0.92 MYR

Average target price

0.895 MYR

Spread / Average Target

-2.72%