Financials Glomac

Equities

GLOMAC

MYL5020OO002

Real Estate Development & Operations

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.4 MYR +1.27% Intraday chart for Glomac +5.26% +11.11%

Valuation

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 295.7 236.3 264.1 272.7 241.8 307 - -
Enterprise Value (EV) 1 649.7 547.4 264.1 272.7 241.8 307 307 307
P/E ratio 22 x 18.8 x 9.35 x 7.47 x 7.72 x 21.8 x 12 x 9.02 x
Yield 2.11% 3.28% 2.9% 2.82% 3.97% 2.5% 3.42% 3.58%
Capitalization / Revenue 1.08 x 0.96 x 0.72 x 1.05 x 0.71 x 1.03 x 0.83 x 0.77 x
EV / Revenue 1.08 x 0.96 x 0.72 x 1.05 x 0.71 x 1.03 x 0.83 x 0.77 x
EV / EBITDA 4.64 x 4.88 x 2.91 x 3.54 x 3.46 x 7.31 x 5.4 x 4.5 x
EV / FCF -268,296,819 x 4,819,835 x - - - - - -
FCF Yield -0% 0% - - - - - -
Price to Book - - - - 0.21 x 0.27 x 0.27 x 0.26 x
Nbr of stocks (in thousands) 778,060 774,760 765,595 768,066 767,494 767,494 - -
Reference price 2 0.3800 0.3050 0.3450 0.3550 0.3150 0.4000 0.4000 0.4000
Announcement Date 6/27/19 7/14/20 7/28/21 6/29/22 6/21/23 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 273.3 245.8 366.3 259.5 341 296.7 369.7 401.2
EBITDA 1 63.7 48.43 90.63 77.09 69.86 42 56.9 68.2
EBIT 1 60.04 41.13 - - 64.91 58.66 67.3 73.86
Operating Margin 21.97% 16.73% - - 19.04% 19.77% 18.2% 18.41%
Earnings before Tax (EBT) 1 37.65 19.97 57.68 57.51 50.45 23.56 40.76 54.57
Net income 1 13.6 12.57 28.31 36.49 31.34 14.2 25.8 34.57
Net margin 4.98% 5.12% 7.73% 14.06% 9.19% 4.79% 6.98% 8.62%
EPS 2 0.0173 0.0162 0.0369 0.0475 0.0408 0.0183 0.0333 0.0443
Free Cash Flow -1.102 49.03 - - - - - -
FCF margin -0.4% 19.95% - - - - - -
FCF Conversion (EBITDA) - 101.23% - - - - - -
FCF Conversion (Net income) - 389.91% - - - - - -
Dividend per Share 2 0.008000 0.0100 0.0100 0.0100 0.0125 0.0100 0.0137 0.0143
Announcement Date 6/27/19 7/14/20 7/28/21 6/29/22 6/21/23 - - -
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: April 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 354 311 - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) 5.558 x 6.423 x - - - - - -
Free Cash Flow -1.1 49 - - - - - -
ROE (net income / shareholders' equity) 1.25% 1.15% 2.56% 3.23% 2.68% 1.2% 2.13% 2.8%
ROA (Net income/ Total Assets) 0.71% 0.66% 1.47% 1.87% 1.57% 0.7% 1.3% 1.7%
Assets 1 1,909 1,899 1,922 1,947 1,997 2,029 1,985 2,033
Book Value Per Share 2 - - - - 1.530 1.480 1.500 1.520
Cash Flow per Share 2 -0 0.0600 0.0500 0.0200 0.1300 0.0500 0.0100 -
Capex 1 0.25 0.32 0.54 0.35 1.11 2.18 0.8 0.82
Capex / Sales 0.09% 0.13% 0.15% 0.13% 0.32% 0.74% 0.22% 0.2%
Announcement Date 6/27/19 7/14/20 7/28/21 6/29/22 6/21/23 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
0.4 MYR
Average target price
0.44 MYR
Spread / Average Target
+10.00%
Consensus

Annual profits - Rate of surprise