Financials Berjaya Assets

Equities

BJASSET

MYL3239OO000

Real Estate Development & Operations

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.305 MYR -3.17% Intraday chart for Berjaya Assets -1.61% +3.39%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 972.1 780.3 767.5 690.7 754.7 767.5
Enterprise Value (EV) 1 1,729 1,494 1,478 1,392 1,434 1,409
P/E ratio -29 x -9.59 x -6.2 x -6.4 x -13.7 x -32.9 x
Yield - - - - - -
Capitalization / Revenue 3.11 x 2.36 x 3.11 x 3.87 x 4.34 x 3.42 x
EV / Revenue 5.53 x 4.52 x 5.99 x 7.8 x 8.24 x 6.29 x
EV / EBITDA 40.1 x 19.9 x 20.3 x 66.5 x 46.1 x 25 x
EV / FCF -31.8 x 37.5 x 97 x 342 x -518 x -5.93 x
FCF Yield -3.15% 2.67% 1.03% 0.29% -0.19% -16.9%
Price to Book 0.42 x 0.36 x 0.38 x 0.35 x 0.4 x 0.4 x
Nbr of stocks (in thousands) 2,558,271 2,558,271 2,558,271 2,558,271 2,558,271 2,558,276
Reference price 2 0.3800 0.3050 0.3000 0.2700 0.2950 0.3000
Announcement Date 10/30/18 10/18/19 10/28/20 10/27/21 10/25/22 10/26/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 312.7 330.7 246.7 178.4 174.1 224.1
EBITDA 1 43.13 74.99 72.71 20.92 31.1 56.46
EBIT 1 26.75 58.14 55.9 6.348 17.55 43.29
Operating Margin 8.55% 17.58% 22.66% 3.56% 10.08% 19.31%
Earnings before Tax (EBT) 1 -12.56 -14.1 -121.8 -103.8 -49.47 -19.81
Net income 1 -32.96 -81.36 -123.8 -107.9 -54.96 -23.32
Net margin -10.54% -24.6% -50.17% -60.48% -31.57% -10.4%
EPS 2 -0.0131 -0.0318 -0.0484 -0.0422 -0.0215 -0.009113
Free Cash Flow 1 -54.43 39.86 15.24 4.066 -2.77 -237.6
FCF margin -17.41% 12.05% 6.18% 2.28% -1.59% -106%
FCF Conversion (EBITDA) - 53.15% 20.96% 19.44% - -
FCF Conversion (Net income) - - - - - -
Dividend per Share - - - - - -
Announcement Date 10/30/18 10/18/19 10/28/20 10/27/21 10/25/22 10/26/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 757 714 710 701 680 642
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 17.56 x 9.52 x 9.77 x 33.53 x 21.85 x 11.37 x
Free Cash Flow 1 -54.4 39.9 15.2 4.07 -2.77 -238
ROE (net income / shareholders' equity) -1.3% -3.67% -6.21% -5.46% -2.92% -1.52%
ROA (Net income/ Total Assets) 0.47% 1.02% 1.03% 0.12% 0.35% 0.87%
Assets 1 -7,014 -7,960 -12,025 -87,857 -15,765 -2,694
Book Value Per Share 2 0.8900 0.8500 0.7900 0.7600 0.7300 0.7400
Cash Flow per Share 2 0.0400 0.0400 0.0200 0.0100 0.0200 0.0200
Capex 1 3 3.16 2.52 0.79 0.55 1.36
Capex / Sales 0.96% 0.96% 1.02% 0.44% 0.32% 0.61%
Announcement Date 10/30/18 10/18/19 10/28/20 10/27/21 10/25/22 10/26/23
1MYR in Million2MYR
Estimates
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