MALAYSIA SMELTING CORPORATION |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 2.91 MYR | +2.46% |
|
-1.36% | +43.35% |
Valuation
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 572 | 1,365 | 642.6 | 1,222 | 1,222 | - |
| Enterprise Value (EV) 1 | 572 | 1,365 | 642.6 | 852.6 | 1,222 | 1,222 |
| P/E ratio | 35.8 x | 11.5 x | 6.54 x | 10 x | 10.9 x | 10.5 x |
| Yield | - | 2.15% | 4.58% | 1.8% | 1.84% | 1.92% |
| Capitalization / Revenue | - | 1.27 x | 0.43 x | 0.59 x | 0.71 x | 0.74 x |
| EV / Revenue | - | 1.27 x | 0.43 x | 0.59 x | 0.71 x | 0.74 x |
| EV / EBITDA | - | 7.51 x | 3.7 x | 5.37 x | 4.82 x | 5.3 x |
| EV / FCF | - | - | - | -5.87 x | 10.6 x | 32.3 x |
| FCF Yield | - | - | - | -17% | 9.44% | 3.09% |
| Price to Book | - | 2.33 x | 0.89 x | 1.58 x | 1.52 x | - |
| Nbr of stocks (in thousands) | 400,000 | 420,000 | 420,000 | 420,000 | 420,000 | - |
| Reference price 2 | 1.430 | 3.250 | 1.530 | 2.910 | 2.910 | 2.910 |
| Announcement Date | 2/19/21 | 2/18/22 | 2/17/23 | 2/15/24 | - | - |
1MYR in Million2MYR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net sales 1 | - | 1,077 | 1,504 | 1,436 | 1,721 | 1,643 |
| EBITDA 1 | - | 181.7 | 173.8 | 158.8 | 253.7 | 230.6 |
| EBIT 1 | - | 169.7 | 163.1 | 145.9 | 237.4 | 215.6 |
| Operating Margin | - | 15.76% | 10.84% | 10.16% | 13.79% | 13.12% |
| Earnings before Tax (EBT) 1 | - | 158.4 | 143.6 | 128.6 | 220 | 198.2 |
| Net income 1 | 16.1 | 118.1 | 98.36 | 85.05 | 111.8 | 116.2 |
| Net margin | - | 10.97% | 6.54% | 5.92% | 6.5% | 7.07% |
| EPS 2 | 0.0400 | 0.2830 | 0.2340 | 0.2030 | 0.2660 | 0.2766 |
| Free Cash Flow 1 | - | - | - | -208.2 | 115.4 | 37.8 |
| FCF margin | - | - | - | -16.1% | 6.71% | 2.3% |
| FCF Conversion (EBITDA) | - | - | - | - | 45.49% | 16.4% |
| FCF Conversion (Net income) | - | - | - | - | 103.22% | 32.52% |
| Dividend per Share 2 | - | 0.0700 | 0.0700 | 0.0525 | 0.0535 | 0.0560 |
| Announcement Date | 2/19/21 | 2/18/22 | 2/17/23 | 2/15/24 | - | - |
1MYR in Million2MYR
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Net Debt | - | - | - | - | - | - |
| Net Cash position | - | - | - | - | - | - |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | - | - | - | -208 | 115 | 37.8 |
| ROE (net income / shareholders' equity) | - | 24.2% | 15.1% | 12.5% | 15.7% | 13.7% |
| ROA (Net income/ Total Assets) | - | 10.2% | 7.52% | 7.03% | 8.1% | 7.5% |
| Assets 1 | - | 1,154 | 1,308 | 1,365 | 1,380 | 1,550 |
| Book Value Per Share 2 | - | 1.390 | 1.710 | 1.840 | 1.910 | - |
| Cash Flow per Share | - | - | - | - | - | - |
| Capex 1 | - | - | 17.8 | 15 | 15 | 15 |
| Capex / Sales | - | - | 1.19% | 1.16% | 0.87% | 0.91% |
| Announcement Date | 2/19/21 | 2/18/22 | 2/17/23 | 2/15/24 | - | - |
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+
Sell
Buy
Mean consensus
UNDERPERFORM
Number of Analysts
3
Last Close Price
2.91
MYR
Average target price
2.407
MYR
Spread / Average Target
-17.30%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +43.35% | 250M | |
| +39.71% | 90.41B | |
| +22.88% | 72.53B | |
| -.--% | 27.75B | |
| +46.01% | 10.49B | |
| +24.16% | 9.2B | |
| +12.94% | 8.86B | |
| -6.33% | 6.9B | |
| +40.22% | 6.78B | |
| +20.85% | 5.19B |
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- Financials Malaysia Smelting Corporation
