MACAU LEGEND DEVELOPMENT LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 0.166 HKD | -5.14% |
|
+0.61% | -11.23% |
| Apr. 01 | Macau Legend Development Posts Slimmer Loss in 2023 as Revenue Surges 27% | MT |
| Mar. 28 | Macau Legend Development Limited Reports Earnings Results for the Full Year Ended December 31, 2023 | CI |
Valuation
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 7,333 | 8,524 | 6,782 | 6,015 | 3,845 | 2,480 |
| Enterprise Value (EV) 1 | 10,336 | 9,130 | 7,262 | 7,932 | 6,202 | 5,031 |
| P/E ratio | -14.5 x | 4.34 x | -35.8 x | -3.08 x | -3.23 x | -4.09 x |
| Yield | - | - | - | - | - | - |
| Capitalization / Revenue | 3.99 x | 4.57 x | 2.87 x | 8.58 x | 3.39 x | 3.49 x |
| EV / Revenue | 5.63 x | 4.89 x | 3.08 x | 11.3 x | 5.46 x | 7.07 x |
| EV / EBITDA | 59.1 x | 33 x | 27.7 x | -15.5 x | -16 x | -17.3 x |
| EV / FCF | -61 x | -27.8 x | 19.8 x | -9.41 x | -80.1 x | -17.3 x |
| FCF Yield | -1.64% | -3.6% | 5.04% | -10.6% | -1.25% | -5.77% |
| Price to Book | 1.18 x | 1.11 x | 0.91 x | 1.09 x | 0.89 x | 0.67 x |
| Nbr of stocks (in thousands) | 6,267,576 | 6,267,576 | 6,222,111 | 6,201,187 | 6,201,187 | 6,201,187 |
| Reference price 2 | 1.170 | 1.360 | 1.090 | 0.9700 | 0.6200 | 0.4000 |
| Announcement Date | 4/26/18 | 4/26/19 | 4/23/20 | 4/15/21 | 7/15/22 | 4/27/23 |
1HKD in Million2HKD
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net sales 1 | 1,836 | 1,865 | 2,360 | 700.7 | 1,136 | 711.6 |
| EBITDA 1 | 174.9 | 276.4 | 261.7 | -512.8 | -387.1 | -290.7 |
| EBIT 1 | -265 | -114.6 | -136.8 | -933.9 | -803.8 | -658.2 |
| Operating Margin | -14.44% | -6.15% | -5.8% | -133.28% | -70.78% | -92.5% |
| Earnings before Tax (EBT) 1 | -434.2 | 2,451 | -139.4 | -1,864 | -1,118 | -755.4 |
| Net income 1 | -507.3 | 1,966 | -190.3 | -1,955 | -1,190 | -607.2 |
| Net margin | -27.63% | 105.4% | -8.06% | -279.02% | -104.83% | -85.33% |
| EPS 2 | -0.0809 | 0.3137 | -0.0305 | -0.3151 | -0.1920 | -0.0979 |
| Free Cash Flow 1 | -169.3 | -328.7 | 366.1 | -843.3 | -77.47 | -290.2 |
| FCF margin | -9.22% | -17.62% | 15.51% | -120.35% | -6.82% | -40.78% |
| FCF Conversion (EBITDA) | - | - | 139.86% | - | - | - |
| FCF Conversion (Net income) | - | - | - | - | - | - |
| Dividend per Share | - | - | - | - | - | - |
| Announcement Date | 4/26/18 | 4/26/19 | 4/23/20 | 4/15/21 | 7/15/22 | 4/27/23 |
1HKD in Million2HKD
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
|---|---|---|---|---|---|---|
| Net Debt 1 | 3,003 | 606 | 480 | 1,917 | 2,358 | 2,550 |
| Net Cash position 1 | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | 17.17 x | 2.191 x | 1.833 x | -3.738 x | -6.09 x | -8.773 x |
| Free Cash Flow 1 | -169 | -329 | 366 | -843 | -77.5 | -290 |
| ROE (net income / shareholders' equity) | -7.85% | 28.2% | -2.51% | -30.1% | -24.2% | -15.1% |
| ROA (Net income/ Total Assets) | -1.44% | -0.63% | -0.77% | -5.87% | -6.03% | -5.44% |
| Assets 1 | 35,137 | -311,093 | 24,663 | 33,282 | 19,743 | 11,159 |
| Book Value Per Share 2 | 1.000 | 1.230 | 1.200 | 0.8900 | 0.7000 | 0.6000 |
| Cash Flow per Share 2 | 0.0400 | 0.2300 | 0.2500 | 0.0200 | 0.0200 | 0.0100 |
| Capex 1 | 470 | 946 | 331 | 264 | 53.1 | 42.4 |
| Capex / Sales | 25.62% | 50.74% | 14.05% | 37.72% | 4.68% | 5.96% |
| Announcement Date | 4/26/18 | 4/26/19 | 4/23/20 | 4/15/21 | 7/15/22 | 4/27/23 |
1HKD in Million2HKD
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| -11.23% | 131M | |
| -7.64% | 33.86B | |
| +5.24% | 10.74B | |
| -8.00% | 8.15B | |
| +15.79% | 2.59B | |
| -5.62% | 2.22B | |
| +2.64% | 2B | |
| 0.00% | 1.53B | |
| +9.80% | 1.37B | |
| -1.56% | 1.28B |
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- 1680 Stock
- Financials Macau Legend Development Limited
