Financials CCK Consolidated Holdings

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-28 pm EDT			5-day change	1st Jan Change
1.1 ^MYR	+1.85%		+7.84%	+32.53%

Apr. 18	CCK Consolidated Holdings Berhad Proposes First and Final Single-Tier Dividend for the Financial Year Ended 31 December 2023, Payable on 19 June 2024	CI
Apr. 18	CCK Consolidated Holdings Berhad Announces Appointment of Wong Siaw Wei as Independent and Non Executive Chairman of Audit Committee	CI

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	248.2	329.2	391.7	347.8	447.4	683	683	-
Enterprise Value (EV) ¹	248.2	329.2	391.7	347.8	447.4	515.7	683	683
P/E ratio	8.92 x	9.83 x	10.9 x	14 x	7.23 x	6.1 x	8.87 x	8.27 x
Yield	3.16%	2.38%	3.2%	2.25%	-	3.18%	3.64%	4.09%
Capitalization / Revenue	0.4 x	0.5 x	0.6 x	0.5 x	0.51 x	0.52 x	0.67 x	0.65 x
EV / Revenue	0.4 x	0.5 x	0.6 x	0.5 x	0.51 x	0.52 x	0.67 x	0.65 x
EV / EBITDA	4.88 x	5.24 x	6.32 x	7.27 x	4.53 x	4 x	5.46 x	5.42 x
EV / FCF	-809,347,775 x	12,770,436 x	11,771,955 x	21,358,952 x	25,978,224 x	-	-	-
FCF Yield	-0%	0%	0%	0%	0%	-	-	-
Price to Book	1 x	1.19 x	1.3 x	1.11 x	1.24 x	1.2 x	1.38 x	1.22 x
Nbr of stocks (in thousands)	628,402	626,968	626,645	626,645	621,349	620,884	620,884	-
Reference price ²	0.3950	0.5250	0.6250	0.5550	0.7200	1.100	1.100	1.100
Announcement Date	2/25/19	2/25/20	2/25/21	2/24/22	2/22/23	2/28/24	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	623.2	659.7	657.4	691.5	878	994.9	1,018	1,044
EBITDA ¹	50.82	62.82	61.93	47.87	98.79	128.9	125.2	126.1
EBIT ¹	34.75	42.82	42.35	28.57	78.68	109	99.3	99.7
Operating Margin	5.58%	6.49%	6.44%	4.13%	8.96%	10.95%	9.76%	9.55%
Earnings before Tax (EBT) ¹	35.97	43.56	46.11	31.9	80.94	110.8	102	105.9
Net income ¹	27.9	33.62	35.96	24.79	62.11	84.58	77.55	80.45
Net margin	4.48%	5.1%	5.47%	3.58%	7.07%	8.5%	7.62%	7.7%
EPS ²	0.0443	0.0534	0.0574	0.0396	0.0996	0.1361	0.1240	0.1330
Free Cash Flow	-0.3067	25.78	33.27	16.28	17.22	-	-	-
FCF margin	-0.05%	3.91%	5.06%	2.35%	1.96%	-	-	-
FCF Conversion (EBITDA)	-	41.03%	53.72%	34.02%	17.43%	-	-	-
FCF Conversion (Net income)	-	76.66%	92.51%	65.69%	27.73%	-	-	-
Dividend per Share ²	0.0125	0.0125	0.0200	0.0125	-	0.0350	0.0400	0.0450
Announcement Date	2/25/19	2/25/20	2/25/21	2/24/22	2/22/23	2/28/24	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-0.31	25.8	33.3	16.3	17.2	-	-	-
ROE (net income / shareholders' equity)	10.9%	12.8%	12.5%	8.06%	18.3%	21.3%	16.3%	15.1%
ROA (Net income/ Total Assets)	7.42%	8.7%	8.64%	5.76%	13.1%	15.5%	12.1%	11.6%
Assets ¹	375.8	386.4	416.1	430.3	473.3	544	640.9	696.5
Book Value Per Share ²	0.4000	0.4400	0.4800	0.5000	0.5800	0.6900	0.8000	0.9000
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	25.1	23.8	26.1	20.6	17.1	32.2	30	30.3
Capex / Sales	4.03%	3.61%	3.97%	2.98%	1.95%	3.23%	2.95%	2.9%
Announcement Date	2/25/19	2/25/20	2/25/21	2/24/22	2/22/23	2/28/24	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

D+

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.08 MYR

Average target price

1.08 MYR

Spread / Average Target

0.00%