Financials ATA IMS

Equities

ATAIMS

MYL8176OO009

Non-Paper Containers & Packaging

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.32 MYR +12.28% Intraday chart for ATA IMS +25.49% +4.92%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 1,835 2,059 987.6 3,512 511.2 336.8
Enterprise Value (EV) 1 1,826 2,142 1,092 3,713 558.3 223
P/E ratio 18.1 x 17.4 x 12.9 x 23.4 x -42.2 x -1.32 x
Yield - 1.92% 2.44% 1.15% - -
Capitalization / Revenue 0.8 x 0.71 x 0.29 x 0.83 x 0.2 x 0.37 x
EV / Revenue 0.79 x 0.74 x 0.33 x 0.88 x 0.21 x 0.24 x
EV / EBITDA 12.5 x 11.5 x 7.36 x 15.4 x 13 x -1.08 x
EV / FCF -906 x -13.1 x 21.5 x -79.3 x 3.1 x 3.43 x
FCF Yield -0.11% -7.63% 4.66% -1.26% 32.2% 29.2%
Price to Book 4.38 x 3.27 x 1.48 x 4.44 x 0.69 x 0.7 x
Nbr of stocks (in thousands) 1,147,020 1,204,371 1,204,371 1,202,864 1,202,864 1,202,864
Reference price 2 1.600 1.710 0.8200 2.920 0.4250 0.2800
Announcement Date 7/30/18 7/29/19 8/25/20 8/26/21 7/26/22 7/28/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 2,308 2,909 3,352 4,222 2,602 915.8
EBITDA 1 146.5 186.7 148.4 241.8 43.09 -206.1
EBIT 1 132.5 161.4 115.1 202.6 -4.895 -250.8
Operating Margin 5.74% 5.55% 3.43% 4.8% -0.19% -27.39%
Earnings before Tax (EBT) 1 125.8 152.5 106.8 192 -13.56 -253.1
Net income 1 92.53 112.9 76.27 150.3 -12.11 -254.5
Net margin 4.01% 3.88% 2.28% 3.56% -0.47% -27.79%
EPS 2 0.0882 0.0983 0.0633 0.1249 -0.0101 -0.2116
Free Cash Flow 1 -2.016 -163.4 50.88 -46.85 179.8 65.06
FCF margin -0.09% -5.62% 1.52% -1.11% 6.91% 7.1%
FCF Conversion (EBITDA) - - 34.29% - 417.25% -
FCF Conversion (Net income) - - 66.71% - - -
Dividend per Share - 0.0329 0.0200 0.0335 - -
Announcement Date 7/30/18 7/29/19 8/25/20 8/26/21 7/26/22 7/28/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2023 Q3
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 -147.4
Net margin -
EPS 2 -0.1225
Dividend per Share -
Announcement Date 2/27/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - 82.6 104 201 47 -
Net Cash position 1 8.74 - - - - 114
Leverage (Debt/EBITDA) - 0.4425 x 0.7006 x 0.8307 x 1.092 x -
Free Cash Flow 1 -2.02 -163 50.9 -46.8 180 65.1
ROE (net income / shareholders' equity) 29.5% 21.5% 11.8% 20.6% -1.59% -41.7%
ROA (Net income/ Total Assets) 8.85% 7.37% 4.05% 5.97% -0.16% -13.9%
Assets 1 1,045 1,533 1,882 2,518 7,540 1,825
Book Value Per Share 2 0.3600 0.5200 0.5500 0.6600 0.6100 0.4000
Cash Flow per Share 2 0.1300 0.2200 0.3000 0.2900 0.1700 0.2100
Capex 1 31.8 62.1 36.5 9.71 57.5 13.4
Capex / Sales 1.38% 2.13% 1.09% 0.23% 2.21% 1.47%
Announcement Date 7/30/18 7/29/19 8/25/20 8/26/21 7/26/22 7/28/23
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
SELL
Number of Analysts
1
Last Close Price
0.32 MYR
Average target price
0.292 MYR
Spread / Average Target
-8.75%
Consensus

Annual profits - Rate of surprise