Financials KKB Engineering

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
1.79 ^MYR	0.00%		+2.29%	+21.77%

Apr. 17	KKB Engineering Berhad Announces First and Final Single Tier Dividend for the Year Ended December 31, 2023, Payable on 25 June 2024	CI
Feb. 22	KKB Engineering Berhad Recommends First and Final Single Tier Dividend in Respect of the Financial Year Ended 31 December 2023	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	384.1	451.1	436	386.9	424.4	516.8	-	-
Enterprise Value (EV) ¹	384.1	451.1	436	386.9	424.4	516.8	516.8	516.8
P/E ratio	-	25.5 x	15 x	33.1 x	15.9 x	14.8 x	13.8 x	13.8 x
Yield	4.03%	2.29%	-	4.48%	4.76%	3.63%	3.63%	3.91%
Capitalization / Revenue	0.69 x	1.11 x	1.11 x	1 x	0.9 x	1.05 x	1.02 x	0.97 x
EV / Revenue	0.69 x	1.11 x	1.11 x	1 x	0.9 x	1.05 x	1.02 x	0.97 x
EV / EBITDA	-	9.97 x	8.86 x	11 x	7.77 x	8.61 x	8.34 x	8.08 x
EV / FCF	-10,502,895 x	-	-	-	-	-	-	-
FCF Yield	-0%	-	-	-	-	-	-	-
Price to Book	-	1.33 x	1.09 x	0.97 x	1.04 x	1.22 x	1.17 x	1.12 x
Nbr of stocks (in thousands)	257,792	257,792	288,727	288,727	288,727	288,727	-	-
Reference price ²	1.490	1.750	1.510	1.340	1.470	1.790	1.790	1.790
Announcement Date	2/18/20	2/23/21	2/23/22	2/23/23	2/22/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	559	407.9	391.6	386.8	471	490.4	508.2	535
EBITDA ¹	-	45.26	49.23	35.11	54.62	60	62	64
EBIT ¹	66.72	35.02	38	24.42	44.63	48.25	54	57
Operating Margin	11.94%	8.59%	9.7%	6.31%	9.48%	9.84%	10.63%	10.65%
Earnings before Tax (EBT) ¹	-	35.48	34.1	25.09	52.16	52.45	54	57
Net income ¹	-	17.69	26.03	11.71	26.63	34.65	37.3	39
Net margin	-	4.34%	6.65%	3.03%	5.65%	7.07%	7.34%	7.29%
EPS ²	-	0.0686	0.1006	0.0405	0.0922	0.1210	0.1300	0.1300
Free Cash Flow	-36.57	-	-	-	-	-	-	-
FCF margin	-6.54%	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0600	0.0400	-	0.0600	0.0700	0.0650	0.0650	0.0700
Announcement Date	2/18/20	2/23/21	2/23/22	2/23/23	2/22/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-36.6	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	15.2%	5.24%	7.04%	2.93%	6.61%	8.2%	8.4%	8.5%
ROA (Net income/ Total Assets)	9.14%	-	-	-	-	-	-	-
Assets ¹	-	-	-	-	-	-	-	-
Book Value Per Share ²	-	1.310	1.390	1.380	1.410	1.470	1.530	1.600
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	-	18.9	0.79	0.81	10.3	3.5	3.5	5
Capex / Sales	-	4.62%	0.2%	0.21%	2.19%	0.71%	0.69%	0.93%
Announcement Date	2/18/20	2/23/21	2/23/22	2/23/23	2/22/24	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.79 MYR

Average target price

2.045 MYR

Spread / Average Target

+14.25%

	1st Jan change	Capi.
KKB ENGINEERING	+21.77%	108M
VINCI	-2.29%	67.67B
LARSEN & TOUBRO LIMITED	+2.13%	59.37B
QUANTA SERVICES, INC.	+21.25%	38.3B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	+11.23%	30.73B
FERROVIAL SE	+2.06%	26.35B
CHINA RAILWAY GROUP LIMITED	+22.89%	22.01B
WSP GLOBAL INC.	+15.06%	19.47B
CHINA COMMUNICATIONS CONSTRUCTION COMPANY LIMITED	+22.99%	17.6B
EMCOR GROUP, INC.	+64.33%	16.64B