Financials Uzma

Equities

UZMA

MYL7250OO003

Oil Related Services and Equipment

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-05-15 pm EDT			5-day change	1st Jan Change
1.23 ^MYR	+2.50%		+1.65%	+64.00%

May. 15	Uzma Bags Deal from ExxonMobil Exploration and Production	MT
May. 14	Uzma Bags MYR44 Million Deal from SPTTEP International	MT

Valuation

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	222.4	188.8	206.4	135.5	218.3	476.3	-	-
Enterprise Value (EV) ¹	703.7	722.2	581.5	135.5	218.3	800.8	744.7	714.3
P/E ratio	7.49 x	-8.01 x	16.2 x	24.7 x	5.6 x	9.03 x	8.44 x	7.97 x
Yield	-	-	-	-	-	-	-	-
Capitalization / Revenue	0.5 x	0.34 x	0.53 x	0.35 x	0.46 x	0.81 x	0.76 x	0.72 x
EV / Revenue	1.59 x	1.29 x	1.5 x	0.35 x	0.46 x	1.37 x	1.19 x	1.08 x
EV / EBITDA	6,771,747 x	7,641,805 x	6,394,337 x	1,658,855 x	-	-	-	-
EV / FCF	-	7.2 x	15.4 x	7.77 x	-	120 x	-6.41 x	-6.45 x
FCF Yield	-	13.9%	6.5%	12.9%	-	0.84%	-15.6%	-15.5%
Price to Book	0.46 x	0.43 x	0.42 x	0.26 x	0.41 x	0.74 x	0.69 x	0.63 x
Nbr of stocks (in thousands)	320,029	320,029	320,029	352,031	352,031	387,230	-	-
Reference price ²	0.6950	0.5900	0.6450	0.3850	0.6200	1.230	1.230	1.230
Announcement Date	8/28/19	8/27/20	8/27/21	8/30/22	8/25/23	-	-	-

¹MYR in Million²MYR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	443.4	558.1	387.5	385.1	474	585.8	626.2	661.9
EBITDA	103.9	94.5	90.94	81.7	-	-	-	-
EBIT ¹	63.83	46.15	43.26	34.46	59.07	86.95	89.9	91.25
Operating Margin	14.39%	8.27%	11.16%	8.95%	12.46%	14.84%	14.36%	13.79%
Earnings before Tax (EBT) ¹	42.94	-5.899	18.63	14.34	43.42	66.95	70.35	74.15
Net income ¹	29.7	-23.6	12.76	5.476	38.99	52.7	56.53	60.3
Net margin	6.7%	-4.23%	3.29%	1.42%	8.22%	9%	9.03%	9.11%
EPS ²	0.0928	-0.0737	0.0399	0.0156	0.1107	0.1363	0.1458	0.1544
Free Cash Flow ¹	-	100.3	37.79	17.43	-	6.7	-116.1	-110.7
FCF margin	-	17.97%	9.75%	4.53%	-	1.14%	-18.54%	-16.72%
FCF Conversion (EBITDA)	-	106.11%	41.56%	21.34%	-	-	-	-
FCF Conversion (Net income)	-	-	296.18%	318.35%	-	12.71%	-	-
Dividend per Share	-	-	-	-	-	-	-	-
Announcement Date	8/28/19	8/27/20	8/27/21	8/30/22	8/25/23	-	-	-

¹MYR in Million²MYR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June	2022 Q2	2023 Q3	2024 Q1
Net sales	-	-	-
EBITDA	-	-	-
EBIT	-	-	-
Operating Margin	-	-	-
Earnings before Tax (EBT)	-	-	-
Net income ¹	0.051	9.187	11.94
Net margin	-	-	-
EPS ²	0.000100	0.0261	0.0308
Dividend per Share	-	-	-
Announcement Date	2/25/22	5/30/23	11/22/23

¹MYR in Million²MYR

Estimates

Balance Sheet Analysis

Fiscal Period: June	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	481	533	375	-	-	324	268	238
Net Cash position ¹	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	4.631 x	5.644 x	4.125 x	-	-	-	-	-
Free Cash Flow ¹	-	100	37.8	17.4	-	6.7	-116	-111
ROE (net income / shareholders' equity)	6.33%	0.59%	4.79%	2.88%	8.18%	9.05%	8.65%	8.4%
ROA (Net income/ Total Assets)	2.71%	0.22%	0.3%	1.06%	2.99%	3.55%	3.7%	3.84%
Assets ¹	1,096	-10,727	4,234	518.7	1,304	1,485	1,528	1,570
Book Value Per Share ²	1.500	1.370	1.530	1.460	1.530	1.660	1.780	1.950
Cash Flow per Share	-	0.5200	0.2700	-	-	-	-	-
Capex	50.4	66.2	50.1	-	-	-	-	-
Capex / Sales	11.37%	11.87%	12.92%	-	-	-	-	-
Announcement Date	8/28/19	8/27/20	8/27/21	8/30/22	8/25/23	-	-	-

¹MYR in Million²MYR

Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Ratings for Uzma

Trading Rating

Investor Rating

ESG Refinitiv

C-

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.23 MYR

Average target price

1.483 MYR

Spread / Average Target

+20.60%

Consensus

EPS Revisions

Estimates Revisions

Quarterly earnings - Rate of surprise

Company calendar

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