Financials Astino

Equities

ASTINO

MYL7162OO000

Construction Supplies & Fixtures

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
0.62 MYR +3.33% Intraday chart for Astino +5.98% +14.81%

Valuation

Fiscal Period: July 2018 2019 2020 2021 2022 2023
Capitalization 1 218.1 179.8 146.8 338 246.7 261.8
Enterprise Value (EV) 1 285.6 235.6 147.4 237.6 237.5 177.4
P/E ratio 7.57 x 7.58 x 6.58 x 5.31 x 5.09 x 9.29 x
Yield 1.26% 1.53% 2.77% 1.46% 2% 1.87%
Capitalization / Revenue 0.4 x 0.31 x 0.28 x 0.58 x 0.4 x 0.42 x
EV / Revenue 0.52 x 0.4 x 0.28 x 0.41 x 0.39 x 0.29 x
EV / EBITDA 6.09 x 5.36 x 3.64 x 2.6 x 3.33 x 3.98 x
EV / FCF -7.35 x 13.7 x 2.67 x 2.48 x -2.9 x 2.38 x
FCF Yield -13.6% 7.31% 37.4% 40.4% -34.5% 42%
Price to Book 0.6 x 0.47 x 0.36 x 0.74 x 0.49 x 0.5 x
Nbr of stocks (in thousands) 490,668 490,330 489,486 493,409 493,409 489,264
Reference price 2 0.4444 0.3667 0.3000 0.6850 0.5000 0.5350
Announcement Date 11/8/18 11/5/19 11/6/20 11/8/21 11/4/22 11/3/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: July 2018 2019 2020 2021 2022 2023
Net sales 1 546.6 584.2 521.3 580 613 618.7
EBITDA 1 46.86 43.94 40.56 91.52 71.25 44.52
EBIT 1 38.13 35.13 29.78 80.72 60.82 34.76
Operating Margin 6.98% 6.01% 5.71% 13.92% 9.92% 5.62%
Earnings before Tax (EBT) 1 35.98 32.55 28.1 81.54 64.16 37.78
Net income 1 28.84 23.74 22.3 63.69 48.49 28.33
Net margin 5.28% 4.06% 4.28% 10.98% 7.91% 4.58%
EPS 2 0.0587 0.0484 0.0456 0.1291 0.0983 0.0576
Free Cash Flow 1 -38.87 17.23 55.17 95.98 -81.83 74.54
FCF margin -7.11% 2.95% 10.58% 16.55% -13.35% 12.05%
FCF Conversion (EBITDA) - 39.21% 136.02% 104.87% - 167.43%
FCF Conversion (Net income) - 72.57% 247.45% 150.69% - 263.06%
Dividend per Share 2 0.005600 0.005600 0.008300 0.0100 0.0100 0.0100
Announcement Date 11/8/18 11/5/19 11/6/20 11/8/21 11/4/22 11/3/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: July 2018 2019 2020 2021 2022 2023
Net Debt 1 67.5 55.8 0.6 - - -
Net Cash position 1 - - - 100 9.21 84.4
Leverage (Debt/EBITDA) 1.441 x 1.27 x 0.0147 x - - -
Free Cash Flow 1 -38.9 17.2 55.2 96 -81.8 74.5
ROE (net income / shareholders' equity) 8.25% 6.37% 5.68% 14.8% 10.1% 5.51%
ROA (Net income/ Total Assets) 5.06% 4.14% 3.45% 9.54% 6.83% 3.7%
Assets 1 570.2 574 647.1 667.9 709.9 765
Book Value Per Share 2 0.7400 0.7800 0.8200 0.9300 1.020 1.070
Cash Flow per Share 2 0.0400 0.0400 0.1300 0.2400 0.0900 0.2100
Capex 1 29.7 21.1 7.13 7.12 24.9 6.59
Capex / Sales 5.43% 3.6% 1.37% 1.23% 4.07% 1.06%
Announcement Date 11/8/18 11/5/19 11/6/20 11/8/21 11/4/22 11/3/23
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA