Financials Hibiscus Petroleum

Equities

HIBISCS

MYL5199OO004

Oil & Gas Exploration and Production

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
2.74 MYR -0.36% Intraday chart for Hibiscus Petroleum -0.72% +7.87%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,699 976.8 1,370 2,012 1,741 2,188 - -
Enterprise Value (EV) 1 1,036 699.2 1,370 2,021 1,644 1,964 1,503 710.8
P/E ratio 7.39 x -19.8 x 12.2 x 3.28 x 4.35 x 4.8 x 4.85 x 5.17 x
Yield - - 0.73% 1% 2.31% 2.69% 2.63% 2.66%
Capitalization / Revenue 1.72 x 1.51 x 1.7 x 1.19 x 0.74 x 0.94 x 0.96 x 0.98 x
EV / Revenue 1.05 x 1.08 x 1.7 x 1.19 x 0.7 x 0.84 x 0.66 x 0.32 x
EV / EBITDA 1.87 x 2.1 x 3.5 x 1.69 x 1.29 x 1.47 x 1.15 x 0.53 x
EV / FCF - - - 2.6 x 5.38 x 10.5 x 2.88 x 0.83 x
FCF Yield - - - 38.5% 18.6% 9.54% 34.7% 120%
Price to Book 1.37 x 0.8 x 0.93 x 0.93 x 0.65 x 0.72 x 0.65 x 0.61 x
Nbr of stocks (in thousands) 635,292 635,292 800,055 804,967 804,967 798,582 - -
Reference price 2 2.675 1.538 1.712 2.500 2.162 2.740 2.740 2.740
Announcement Date 8/20/19 8/24/20 8/26/21 8/24/22 8/23/23 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 988.3 646.5 804.8 1,697 2,345 2,326 2,272 2,240
EBITDA 1 553.2 333.6 391.3 1,193 1,270 1,339 1,309 1,334
EBIT 1 437.7 188.6 220.3 912.7 789.3 817.3 783.7 741
Operating Margin 44.29% 29.17% 27.37% 53.8% 33.66% 35.14% 34.49% 33.09%
Earnings before Tax (EBT) 1 391.5 25.29 167.6 790.7 712.1 763.2 740.1 696.8
Net income 1 230 -49.25 103.7 613.1 400.5 459.6 455.2 426.6
Net margin 23.27% -7.62% 12.88% 36.14% 17.08% 19.76% 20.03% 19.05%
EPS 2 0.3620 -0.0775 0.1402 0.7615 0.4975 0.5710 0.5655 0.5302
Free Cash Flow 1 - - - 778.4 305.3 187.3 521.4 852.5
FCF margin - - - 45.88% 13.02% 8.05% 22.95% 38.07%
FCF Conversion (EBITDA) - - - 65.25% 24.05% 13.99% 39.84% 63.89%
FCF Conversion (Net income) - - - 126.97% 76.24% 40.76% 114.54% 199.86%
Dividend per Share 2 - - 0.0125 0.0250 0.0500 0.0738 0.0722 0.0730
Announcement Date 8/20/19 8/24/20 8/26/21 8/24/22 8/23/23 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2024 S1
Net sales 1 1,374
EBITDA 1 718.3
EBIT 1 487.1
Operating Margin 35.44%
Earnings before Tax (EBT) 1 432.8
Net income 1 256.6
Net margin 18.68%
EPS 2 0.3189
Dividend per Share -
Announcement Date 2/20/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - 8.37 - - - -
Net Cash position 1 664 278 - - 97.2 224 685 1,477
Leverage (Debt/EBITDA) - - - 0.007019 x - - - -
Free Cash Flow 1 - - - 778 305 187 521 853
ROE (net income / shareholders' equity) 20.6% 5.78% 8.47% 36.3% 16.4% 15.4% 12.7% 10.4%
ROA (Net income/ Total Assets) 10.5% 2.95% 3.98% 15.9% 6.8% 7.1% 6.8% 6.13%
Assets 1 2,184 -1,670 2,607 3,851 5,890 6,473 6,694 6,955
Book Value Per Share 2 1.950 1.920 1.850 2.680 3.350 3.810 4.240 4.520
Cash Flow per Share 0.7700 0.2800 - - - - - -
Capex 1 164 253 104 141 421 696 445 190
Capex / Sales 16.59% 39.11% 12.97% 8.32% 17.97% 29.91% 19.56% 8.49%
Announcement Date 8/20/19 8/24/20 8/26/21 8/24/22 8/23/23 - - -
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
C
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
2.74 MYR
Average target price
3.28 MYR
Spread / Average Target
+19.71%
Consensus

Annual profits - Rate of surprise

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