Financials Astro Malaysia Holdings

Equities

ASTRO

MYL6399OO009

Broadcasting

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.3 MYR 0.00% Intraday chart for Astro Malaysia Holdings 0.00% -24.05%

Valuation

Fiscal Period: January 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 8,760 6,257 4,432 5,006 3,207 1,566 - -
Enterprise Value (EV) 1 12,047 9,113 6,711 7,336 6,361 4,910 4,220 3,906
P/E ratio 18.9 x 9.52 x 8.25 x 10.9 x 12.6 x 51.4 x 8.52 x 7.11 x
Yield 5.36% 6.25% 6.47% 7.03% 4.88% 8.33% 4.19% 5.67%
Capitalization / Revenue 1.6 x 1.27 x 1.02 x 1.2 x 0.84 x 0.55 x 0.47 x 0.48 x
EV / Revenue 2.2 x 1.86 x 1.54 x 1.76 x 1.67 x 1.43 x 1.28 x 1.19 x
EV / EBITDA 7.51 x 5.29 x 4.56 x 5.7 x 6.08 x 5.48 x 4.33 x 3.86 x
EV / FCF 9.33 x 7.92 x 5.23 x 10.6 x 8.45 x 7.71 x 4.79 x 4.23 x
FCF Yield 10.7% 12.6% 19.1% 9.42% 11.8% 13% 20.9% 23.7%
Price to Book 15 x 7.31 x 4.11 x 4.45 x 2.99 x 1.7 x 1.27 x 1.05 x
Nbr of stocks (in thousands) 5,214,315 5,214,507 5,214,507 5,214,507 5,214,507 5,219,023 - -
Reference price 2 1.680 1.200 0.8500 0.9600 0.6150 0.3000 0.3000 0.3000
Announcement Date 3/26/19 3/25/20 3/25/21 3/31/22 3/27/23 3/21/24 - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: Enero 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 5,479 4,912 4,360 4,176 3,800 3,436 3,304 3,270
EBITDA 1 1,605 1,723 1,472 1,286 1,046 896.6 973.6 1,012
EBIT 1 931.7 1,072 876.1 754.2 417 361.2 402.2 468.1
Operating Margin 17% 21.83% 20.1% 18.06% 10.97% 10.51% 12.17% 14.31%
Earnings before Tax (EBT) 1 651.1 862.7 692.8 590.7 289 63.2 241.9 283.6
Net income 1 462.9 655.3 539.8 460.9 210.5 36.8 185.4 229.4
Net margin 8.45% 13.34% 12.38% 11.04% 5.54% 1.07% 5.61% 7.01%
EPS 2 0.0890 0.1260 0.1030 0.0880 0.0490 0.007000 0.0352 0.0422
Free Cash Flow 1 1,292 1,150 1,282 690.8 752.7 636.8 880.1 924.1
FCF margin 23.58% 23.42% 29.41% 16.54% 19.81% 18.53% 26.64% 28.26%
FCF Conversion (EBITDA) 80.5% 66.76% 87.14% 53.72% 71.97% 71.02% 90.4% 91.31%
FCF Conversion (Net income) 279.07% 175.51% 237.55% 149.88% 357.58% 1,730.43% 474.66% 402.9%
Dividend per Share 2 0.0900 0.0750 0.0550 0.0675 0.0300 0.0300 0.0126 0.0170
Announcement Date 3/26/19 3/25/20 3/25/21 3/31/22 3/27/23 3/21/24 - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: Enero 2022 S1 2022 Q3 2022 Q4 2022 S2 2023 Q4
Net sales 1 - - - - 990.7
EBITDA 1 - - - - 183
EBIT - - - - -
Operating Margin - - - - -
Earnings before Tax (EBT) - - - - -
Net income 228.4 105.9 126.6 - -
Net margin - - - - -
EPS 0.0440 0.0200 - - -
Dividend per Share - - 0.0225 0.0375 -
Announcement Date 9/21/21 12/9/21 3/31/22 3/31/22 3/27/23
1MYR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: Enero 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,287 2,856 2,278 2,330 3,154 3,031 2,654 2,341
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 2.048 x 1.658 x 1.548 x 1.812 x 3.016 x 3.381 x 2.726 x 2.313 x
Free Cash Flow 1 1,292 1,150 1,282 691 753 637 880 924
ROE (net income / shareholders' equity) 74.7% 90.9% 55.8% 41.8% 19.1% 11.9% 15% 15.8%
ROA (Net income/ Total Assets) 7.06% 10.5% 9.01% 8.3% 3.82% 2.28% 3.78% 5.04%
Assets 1 6,554 6,229 5,992 5,555 5,513 1,615 4,899 4,548
Book Value Per Share 2 0.1100 0.1600 0.2100 0.2200 0.2100 0.2100 0.2400 0.2900
Cash Flow per Share 2 0.3600 0.3100 0.3200 0.2500 0.2500 0.2100 0.2100 0.2300
Capex 1 608 489 401 594 555 446 186 174
Capex / Sales 11.09% 9.96% 9.19% 14.22% 14.6% 12.99% 5.62% 5.32%
Announcement Date 3/26/19 3/25/20 3/25/21 3/31/22 3/27/23 3/21/24 - -
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
UNDERPERFORM
Number of Analysts
10
Last Close Price
0.3 MYR
Average target price
0.326 MYR
Spread / Average Target
+8.67%
Consensus

Annual profits - Rate of surprise

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