Financials Land & General

Equities

L&G

MYL3174OO009

Real Estate Development & Operations

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
0.13 MYR +4.00% Intraday chart for Land & General +4.00% +8.33%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 512.8 446 223 356.8 327 297.3
Enterprise Value (EV) 1 375.3 448 342.3 496 438.1 419.5
P/E ratio 6.54 x 10.6 x 15 x 11.7 x 16.6 x 11.1 x
Yield 8.57% 6.67% - 4.17% 4.55% 6%
Capitalization / Revenue 4.7 x 3.13 x 1.53 x 2.37 x 1.67 x 1.18 x
EV / Revenue 3.44 x 3.14 x 2.35 x 3.3 x 2.24 x 1.67 x
EV / EBITDA 5.07 x 9.04 x 20.7 x 13 x 11.1 x 7.74 x
EV / FCF -4.46 x -12.5 x -4.44 x -26.1 x 12.1 x 5.8 x
FCF Yield -22.4% -7.99% -22.5% -3.83% 8.23% 17.2%
Price to Book 0.46 x 0.41 x 0.21 x 0.32 x 0.29 x 0.26 x
Nbr of stocks (in thousands) 2,930,294 2,973,135 2,973,135 2,973,135 2,973,135 2,973,135
Reference price 2 0.1750 0.1500 0.0750 0.1200 0.1100 0.1000
Announcement Date 7/31/18 7/31/19 8/24/20 8/23/21 7/29/22 7/31/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 109 142.5 145.7 150.3 195.3 251.8
EBITDA 1 74.08 49.56 16.51 38.16 39.45 54.17
EBIT 1 70.68 42.76 9.062 30.55 32.28 47.48
Operating Margin 64.82% 30.01% 6.22% 20.33% 16.53% 18.85%
Earnings before Tax (EBT) 1 85.98 52.89 26.18 38.26 30.32 39.69
Net income 1 74.25 41.67 14.89 30.46 19.67 26.72
Net margin 68.09% 29.25% 10.22% 20.27% 10.07% 10.61%
EPS 2 0.0268 0.0141 0.005008 0.0102 0.006616 0.008987
Free Cash Flow 1 -84.18 -35.81 -77.16 -19.02 36.07 72.35
FCF margin -77.2% -25.14% -52.95% -12.65% 18.47% 28.73%
FCF Conversion (EBITDA) - - - - 91.44% 133.56%
FCF Conversion (Net income) - - - - 183.36% 270.77%
Dividend per Share 2 0.0150 0.0100 - 0.005000 0.005000 0.006000
Announcement Date 7/31/18 7/31/19 8/24/20 8/23/21 7/29/22 7/31/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net Debt 1 - 2 119 139 111 122
Net Cash position 1 138 - - - - -
Leverage (Debt/EBITDA) - 0.0404 x 7.224 x 3.648 x 2.815 x 2.255 x
Free Cash Flow 1 -84.2 -35.8 -77.2 -19 36.1 72.4
ROE (net income / shareholders' equity) 8.33% 4.26% 1.77% 2.8% 1.6% 2.19%
ROA (Net income/ Total Assets) 3.32% 1.73% 0.36% 1.19% 1.24% 1.81%
Assets 1 2,237 2,410 4,083 2,555 1,584 1,474
Book Value Per Share 2 0.3800 0.3700 0.3600 0.3700 0.3800 0.3800
Cash Flow per Share 2 0.0300 0.0100 0.0200 0.0300 0 0.0200
Capex 1 1.94 14.6 23.4 3.79 9.09 6.95
Capex / Sales 1.78% 10.23% 16.03% 2.52% 4.66% 2.76%
Announcement Date 7/31/18 7/31/19 8/24/20 8/23/21 7/29/22 7/31/23
1MYR in Million2MYR
Estimates
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