Financials Keck Seng (Malaysia)

Equities

KSENG

MYL3476OO008

Food Processing

End-of-day quote BURSA MALAYSIA 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
6.15 MYR -0.16% Intraday chart for Keck Seng (Malaysia) -3.45% +28.66%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,466 1,689 1,380 1,236 1,286 1,717
Enterprise Value (EV) 1 761.7 919 673.5 444.2 256.5 613.8
P/E ratio 40.2 x 19.1 x -21.4 x 15.6 x 6.38 x 7.14 x
Yield 2.45% 0.85% - 1.45% 3.91% 2.09%
Capitalization / Revenue 1.52 x 1.73 x 1.58 x 0.94 x 0.7 x 1.25 x
EV / Revenue 0.79 x 0.94 x 0.77 x 0.34 x 0.14 x 0.45 x
EV / EBITDA 7.99 x 6.22 x 115 x 3.36 x 1.37 x 4.73 x
EV / FCF 20.6 x 14.4 x -10.4 x 7.87 x 1.36 x -63.3 x
FCF Yield 4.87% 6.93% -9.66% 12.7% 73.8% -1.58%
Price to Book 0.65 x 0.75 x 0.64 x 0.55 x 0.53 x 0.63 x
Nbr of stocks (in thousands) 359,304 359,304 359,304 359,304 359,304 359,304
Reference price 2 4.080 4.700 3.840 3.440 3.580 4.780
Announcement Date 4/29/19 6/26/20 5/21/21 4/28/22 4/27/23 4/30/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 967.3 978.6 874.5 1,312 1,828 1,371
EBITDA 1 95.34 147.7 5.845 132.3 187.5 129.7
EBIT 1 57.28 108.6 -32.42 100.8 156.1 101.7
Operating Margin 5.92% 11.1% -3.71% 7.68% 8.54% 7.42%
Earnings before Tax (EBT) 1 69.52 101.8 -85.23 98.01 257.2 297.3
Net income 1 36.47 88.32 -64.56 79.02 201.6 240.7
Net margin 3.77% 9.02% -7.38% 6.02% 11.03% 17.56%
EPS 2 0.1015 0.2458 -0.1797 0.2199 0.5610 0.6699
Free Cash Flow 1 37.06 63.66 -65.03 56.43 189.2 -9.695
FCF margin 3.83% 6.5% -7.44% 4.3% 10.35% -0.71%
FCF Conversion (EBITDA) 38.87% 43.1% - 42.65% 100.92% -
FCF Conversion (Net income) 101.61% 72.08% - 71.41% 93.87% -
Dividend per Share 2 0.1000 0.0400 - 0.0500 0.1400 0.1000
Announcement Date 4/29/19 6/26/20 5/21/21 4/28/22 4/27/23 4/30/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 704 770 706 792 1,030 1,104
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 37.1 63.7 -65 56.4 189 -9.69
ROE (net income / shareholders' equity) 1.59% 3.83% -3.07% 3.18% 8.41% 9.65%
ROA (Net income/ Total Assets) 1.26% 2.44% -0.74% 2.33% 3.44% 2.13%
Assets 1 2,901 3,625 8,683 3,395 5,862 11,309
Book Value Per Share 2 6.250 6.250 6.000 6.290 6.780 7.610
Cash Flow per Share 2 2.610 2.800 2.610 2.840 3.370 3.300
Capex 1 31.4 25.9 9.22 7.15 14.9 36.6
Capex / Sales 3.25% 2.65% 1.05% 0.54% 0.82% 2.67%
Announcement Date 4/29/19 6/26/20 5/21/21 4/28/22 4/27/23 4/30/24
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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