Financials Lysaght Galvanized Steel

Equities

LYSAGHT

MYL9199OO000

Iron & Steel

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-28 pm EDT 5-day change 1st Jan Change
2.59 MYR +0.39% Intraday chart for Lysaght Galvanized Steel +4.86% +16.67%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 163.8 104 100.2 97.3 77.34 79
Enterprise Value (EV) 1 94.79 33.43 31.81 32.48 16.28 4.893
P/E ratio 9.16 x 11.3 x 11 x 31.7 x 22.6 x 11.1 x
Yield 1.78% 2.8% 2.07% 0.43% 0.54% 1.58%
Capitalization / Revenue 1.8 x 1.53 x 1.32 x 1.77 x 1.34 x 1.12 x
EV / Revenue 1.04 x 0.49 x 0.42 x 0.59 x 0.28 x 0.07 x
EV / EBITDA 4.65 x 3.87 x 3.48 x 15.6 x 3.5 x 0.5 x
EV / FCF 22 x -115 x -8.07 x -9.86 x -3.95 x 0.53 x
FCF Yield 4.54% -0.87% -12.4% -10.1% -25.3% 190%
Price to Book 1.16 x 0.7 x 0.65 x 0.63 x 0.49 x 0.47 x
Nbr of stocks (in thousands) 41,580 41,580 41,580 41,580 41,580 41,580
Reference price 2 3.940 2.500 2.410 2.340 1.860 1.900
Announcement Date 4/30/18 4/30/19 6/30/20 4/30/21 4/29/22 4/28/23
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 90.81 67.91 75.92 54.93 57.62 70.41
EBITDA 1 20.36 8.645 9.152 2.086 4.655 9.71
EBIT 1 18.89 7.254 7.763 0.3035 3.306 8.385
Operating Margin 20.8% 10.68% 10.23% 0.55% 5.74% 11.91%
Earnings before Tax (EBT) 1 22.84 11.71 11.74 3.851 4.069 9.207
Net income 1 17.88 9.195 9.127 3.07 3.423 7.091
Net margin 19.69% 13.54% 12.02% 5.59% 5.94% 10.07%
EPS 2 0.4300 0.2211 0.2195 0.0738 0.0823 0.1705
Free Cash Flow 1 4.308 -0.2918 -3.941 -3.292 -4.126 9.297
FCF margin 4.74% -0.43% -5.19% -5.99% -7.16% 13.2%
FCF Conversion (EBITDA) 21.15% - - - - 95.75%
FCF Conversion (Net income) 24.09% - - - - 131.12%
Dividend per Share 2 0.0700 0.0700 0.0500 0.0100 0.0100 0.0300
Announcement Date 4/30/18 4/30/19 6/30/20 4/30/21 4/29/22 4/28/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 69 70.5 68.4 64.8 61.1 74.1
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 4.31 -0.29 -3.94 -3.29 -4.13 9.3
ROE (net income / shareholders' equity) 13.3% 6.35% 6.04% 1.98% 2.18% 4.34%
ROA (Net income/ Total Assets) 8.18% 2.95% 3.05% 0.12% 1.25% 3.06%
Assets 1 218.5 312 299.5 2,633 273 231.4
Book Value Per Share 2 3.400 3.560 3.710 3.730 3.820 4.040
Cash Flow per Share 2 1.660 1.690 1.640 1.560 0.4300 1.570
Capex 1 7.74 1.22 6.44 1.81 1.12 0.85
Capex / Sales 8.53% 1.79% 8.49% 3.29% 1.95% 1.2%
Announcement Date 4/30/18 4/30/19 6/30/20 4/30/21 4/29/22 4/28/23
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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