Financials Comfort Gloves

Equities

COMFORT

MYL2127OO008

Medical Equipment, Supplies & Distribution

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.415 MYR -1.19% Intraday chart for Comfort Gloves +1.22% -12.63%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 665 486.1 460.5 1,743 615.3 281
Enterprise Value (EV) 1 640.1 466.8 526.1 1,791 544.9 78.56
P/E ratio 26.7 x 14.7 x 16.5 x 52 x 2.21 x -6.65 x
Yield - 1.16% 1.9% - 2.83% -
Capitalization / Revenue 2.53 x 1.15 x 0.97 x 3.41 x 0.65 x 0.46 x
EV / Revenue 2.43 x 1.11 x 1.11 x 3.51 x 0.58 x 0.13 x
EV / EBITDA 19.8 x 8.91 x 10 x 26.9 x 1.39 x -4.75 x
EV / FCF -16.3 x -21 x -8.45 x 243 x 7.54 x 3.12 x
FCF Yield -6.12% -4.76% -11.8% 0.41% 13.3% 32.1%
Price to Book 3.23 x 1.98 x 1.6 x 5.61 x 1.06 x 0.31 x
Nbr of stocks (in thousands) 558,790 561,949 582,949 582,949 580,443 579,350
Reference price 2 1.190 0.8650 0.7900 2.990 1.060 0.4850
Announcement Date 5/29/17 5/30/18 5/31/19 5/28/20 5/24/21 4/20/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 263 421.2 474 510.7 946.4 606.7
EBITDA 1 32.3 52.38 52.42 66.49 392.8 -16.54
EBIT 1 23.85 40.03 36.5 44.8 365.4 -61.3
Operating Margin 9.07% 9.51% 7.7% 8.77% 38.61% -10.1%
Earnings before Tax (EBT) 1 25.67 41.12 35.44 41.56 363.3 -60.16
Net income 1 25.87 35.9 27.9 33.18 280.2 -42.3
Net margin 9.84% 8.52% 5.88% 6.5% 29.61% -6.97%
EPS 2 0.0446 0.0588 0.0479 0.0575 0.4807 -0.0729
Free Cash Flow 1 -39.2 -22.24 -62.25 7.368 72.22 25.21
FCF margin -14.9% -5.28% -13.13% 1.44% 7.63% 4.16%
FCF Conversion (EBITDA) - - - 11.08% 18.39% -
FCF Conversion (Net income) - - - 22.21% 25.77% -
Dividend per Share - 0.0100 0.0150 - 0.0300 -
Announcement Date 5/29/17 5/30/18 5/31/19 5/28/20 5/24/21 4/20/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - 65.6 48.3 - -
Net Cash position 1 24.9 19.3 - - 70.4 202
Leverage (Debt/EBITDA) - - 1.251 x 0.7269 x - -
Free Cash Flow 1 -39.2 -22.2 -62.2 7.37 72.2 25.2
ROE (net income / shareholders' equity) 13.4% 15.9% 10.7% 11.3% 62.8% -4.63%
ROA (Net income/ Total Assets) 6.66% 9.02% 5.99% 5.97% 36% -3.53%
Assets 1 388.3 397.9 465.9 555.9 779 1,198
Book Value Per Share 2 0.3700 0.4400 0.4900 0.5300 1.000 1.540
Cash Flow per Share 2 0.0400 0.0500 0.0400 0.0600 0.2100 0.2300
Capex 1 46.6 34.7 63.7 50.8 127 50.2
Capex / Sales 17.73% 8.24% 13.44% 9.94% 13.47% 8.27%
Announcement Date 5/29/17 5/30/18 5/31/19 5/28/20 5/24/21 4/20/23
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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