Financials AME Elite Consortium

Equities

AME

MYL5293OO005

Construction & Engineering

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
1.77 MYR +2.91% Intraday chart for AME Elite Consortium +4.12% +5.99%

Valuation

Fiscal Period: March 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 525.4 939.7 1,096 850 1,131 - -
Enterprise Value (EV) 1 525.4 939.7 1,158 850 1,046 1,063 972.7
P/E ratio 8.26 x 17.2 x 22.6 x 8.23 x 13.7 x 12.6 x 11.2 x
Yield 2.44% 1.82% 1.46% 2.26% 2.17% 2.45% 2.45%
Capitalization / Revenue 1.38 x 2.04 x 2.75 x 1.47 x 1.47 x 1.37 x 1.43 x
EV / Revenue 1.38 x 2.04 x 2.91 x 1.47 x 1.36 x 1.29 x 1.23 x
EV / EBITDA 5.88 x 11.4 x 14.3 x 4.43 x 6.11 x 5.85 x 4.79 x
EV / FCF -10.3 x 10.8 x -12.6 x -43.5 x 12.7 x 7.61 x 5.54 x
FCF Yield -9.74% 9.28% -7.92% -2.3% 7.88% 13.1% 18.1%
Price to Book 0.83 x 1.39 x 1.55 x 1.05 x 1.29 x 1.19 x 1.09 x
Nbr of stocks (in thousands) 640,673 640,673 640,673 639,093 639,093 - -
Reference price 2 0.8200 1.467 1.710 1.330 1.770 1.770 1.770
Announcement Date 6/25/20 5/27/21 5/26/22 5/26/23 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 339 380.3 460.6 398.4 577.1 767.9 823.3 789.5
EBITDA 1 - 89.35 82.54 80.94 191.8 171.2 181.6 203.2
EBIT 1 - 82.82 75.78 74.58 185.9 169.6 180.2 198.7
Operating Margin - 21.78% 16.45% 18.72% 32.21% 22.09% 21.89% 25.17%
Earnings before Tax (EBT) 1 - 88.68 81.14 68.9 175.8 155.3 167.3 190.3
Net income 1 - 63.75 54.62 48.56 103.5 83.87 90.07 100.1
Net margin - 16.76% 11.86% 12.19% 17.94% 10.92% 10.94% 12.68%
EPS 2 - 0.0993 0.0853 0.0758 0.1616 0.1293 0.1402 0.1576
Free Cash Flow 1 - -51.18 87.16 -91.72 -19.53 82.49 139.6 175.7
FCF margin - -13.46% 18.92% -23.02% -3.38% 10.74% 16.96% 22.26%
FCF Conversion (EBITDA) - - 105.6% - - 48.18% 76.86% 86.48%
FCF Conversion (Net income) - - 159.58% - - 98.35% 155.01% 175.49%
Dividend per Share 2 - 0.0200 0.0267 0.0250 0.0300 0.0383 0.0433 0.0433
Announcement Date 4/15/19 6/25/20 5/27/21 5/26/22 5/26/23 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Maart 2023 Q1
Net sales 1 136.9
EBITDA -
EBIT 1 15.23
Operating Margin 11.12%
Earnings before Tax (EBT) 1 11.34
Net income 1 6.085
Net margin 4.45%
EPS -
Dividend per Share -
Announcement Date 8/26/22
1MYR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: Maart 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 62.2 - - - -
Net Cash position 1 - - - - - 85 68.2 158
Leverage (Debt/EBITDA) - - - 0.7681 x - - - -
Free Cash Flow 1 - -51.2 87.2 -91.7 -19.5 82.5 140 176
ROE (net income / shareholders' equity) - 12.3% 9.33% 7.03% 13.6% 9.72% 9.91% 10.2%
ROA (Net income/ Total Assets) - 6.24% 4.65% 3.6% 6.2% 5.23% 5.25% 5.72%
Assets 1 - 1,022 1,174 1,347 1,670 1,603 1,717 1,751
Book Value Per Share 2 - 0.9900 1.050 1.100 1.270 1.380 1.490 1.620
Cash Flow per Share 2 - - - -0.0900 - 0.1200 0.2200 0.2500
Capex 1 - 11.1 23.1 35 25.7 25.1 25.1 12.8
Capex / Sales - 2.91% 5.01% 8.79% 4.46% 3.26% 3.04% 1.62%
Announcement Date 4/15/19 6/25/20 5/27/21 5/26/22 5/26/23 - - -
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
B
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
4
Last Close Price
1.77 MYR
Average target price
2.018 MYR
Spread / Average Target
+14.00%
Consensus

Annual profits - Rate of surprise

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