Financials Dayang Enterprise Holdings

Equities

DAYANG

MYL5141OO006

Oil Related Services and Equipment

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
2.65 MYR -0.38% Intraday chart for Dayang Enterprise Holdings +1.53% +65.62%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,422 1,252 932 1,517 1,852 3,068 - -
Enterprise Value (EV) 1 2,948 1,505 932 1,517 1,852 3,068 3,068 3,068
P/E ratio 10.3 x 21.7 x -2.87 x 12.2 x 8.46 x 12 x 10.5 x 11 x
Yield - - 1.86% 1.15% 2.81% 1.56% 1.56% 1.89%
Capitalization / Revenue 2.31 x 1.71 x 1.4 x 1.54 x 1.66 x 2.13 x 1.95 x 2.06 x
EV / Revenue 2.31 x 1.71 x 1.4 x 1.54 x 1.66 x 2.13 x 1.95 x 2.06 x
EV / EBITDA 4.72 x 5.61 x -4.35 x 4.67 x 4.16 x 6.43 x 5.9 x 6.91 x
EV / FCF - - - - 5.97 x 7.69 x 6.51 x -
FCF Yield - - - - 16.8% 13% 15.4% -
Price to Book 1.85 x 0.84 x 0.7 x 1.05 x 1.12 x 1.67 x 1.5 x 1.36 x
Nbr of stocks (in thousands) 964,810 1,061,291 1,157,772 1,157,772 1,157,772 1,157,772 - -
Reference price 2 2.510 1.180 0.8050 1.310 1.600 2.650 2.650 2.650
Announcement Date 2/21/20 2/24/21 2/22/22 2/16/23 2/22/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,046 731.4 667.7 984.2 1,113 1,443 1,572 1,487
EBITDA 1 513 223.3 -214.5 325 444.9 477.5 519.9 444
EBIT 1 399.9 118.9 -369.7 220.1 355.9 374 413.7 365.4
Operating Margin 38.23% 16.25% -55.36% 22.37% 31.98% 25.93% 26.32% 24.57%
Earnings before Tax (EBT) 1 335.2 87.75 -406.9 200.9 337.4 353.3 399.8 355.2
Net income 1 236.3 57.59 -318.9 124.2 218.9 242.3 274.8 248.4
Net margin 22.58% 7.87% -47.76% 12.62% 19.67% 16.79% 17.48% 16.7%
EPS 2 0.2440 0.0543 -0.2802 0.1073 0.1891 0.2203 0.2517 0.2410
Free Cash Flow 1 - - - - 310.4 398.8 471.3 -
FCF margin - - - - 27.89% 27.64% 29.99% -
FCF Conversion (EBITDA) - - - - 69.76% 83.52% 90.65% -
FCF Conversion (Net income) - - - - 141.78% 164.59% 171.52% -
Dividend per Share 2 - - 0.0150 0.0150 0.0450 0.0412 0.0412 0.0500
Announcement Date 2/21/20 2/24/21 2/22/22 2/16/23 2/22/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 13.76
Net margin -
EPS 2 0.0119
Dividend per Share -
Announcement Date 5/19/22
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 527 253 - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 1.027 x 1.131 x - - - - - -
Free Cash Flow 1 - - - - 310 399 471 -
ROE (net income / shareholders' equity) 18.4% 3.93% -22.8% 9.01% 14.1% 13.5% 13.8% 11.3%
ROA (Net income/ Total Assets) 8.38% 2.03% -12.6% 5.29% 8.97% 10.4% 11.2% 9.7%
Assets 1 2,820 2,837 2,539 2,347 2,441 2,341 2,453 2,561
Book Value Per Share 2 1.360 1.410 1.150 1.250 1.430 1.580 1.770 1.960
Cash Flow per Share - - - - - - - -
Capex 1 32.2 52.4 41 27.7 34.9 50 53.3 50
Capex / Sales 3.08% 7.16% 6.13% 2.81% 3.14% 3.47% 3.39% 3.36%
Announcement Date 2/21/20 2/24/21 2/22/22 2/16/23 2/22/24 - - -
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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
5
Last Close Price
2.65 MYR
Average target price
3.04 MYR
Spread / Average Target
+14.72%
Consensus

Annual profits - Rate of surprise

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