MBM RESOURCES |
End-of-day quote
Other stock markets
|
5-day change | 1st Jan Change | ||
| 4.84 MYR | -0.62% |
|
-0.62% | +14.15% |
| Apr. 26 | MBM Resources Winds Up Unit | MT |
| Apr. 19 | MBM Resources Berhad Proposes Final Dividend for the Financial Year Ended 31 December 2023 | CI |
Valuation
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Capitalization 1 | 860 | 1,509 | 1,325 | 1,251 | 1,282 | 1,892 | 1,892 | - |
| Enterprise Value (EV) 1 | 808.9 | 1,281 | 1,066 | 1,013 | 1,282 | 1,476 | 1,422 | 1,351 |
| P/E ratio | 5.2 x | 6.84 x | 8.39 x | 7.45 x | 4.55 x | 4.96 x | 7.44 x | 7.4 x |
| Yield | 2.73% | 3.89% | 3.24% | 6.25% | - | 9.2% | 6.98% | 6.57% |
| Capitalization / Revenue | 0.45 x | 0.72 x | 0.74 x | 0.82 x | 0.56 x | 0.69 x | 0.83 x | 0.82 x |
| EV / Revenue | 0.42 x | 0.61 x | 0.59 x | 0.66 x | 0.56 x | 0.61 x | 0.62 x | 0.59 x |
| EV / EBITDA | 26.4 x | 16 x | 17.4 x | 15.2 x | 10.4 x | 12.7 x | 18.1 x | 17.6 x |
| EV / FCF | 14.8 x | 74.2 x | 15.2 x | 2,688 x | - | -52.7 x | 18.9 x | 26 x |
| FCF Yield | 6.76% | 1.35% | 6.59% | 0.04% | - | -1.9% | 5.28% | 3.84% |
| Price to Book | 0.54 x | 0.87 x | 0.73 x | 0.65 x | - | 0.78 x | 0.85 x | 0.81 x |
| Nbr of stocks (in thousands) | 390,888 | 390,888 | 390,888 | 390,888 | 390,888 | 390,888 | 390,888 | - |
| Reference price 2 | 2.200 | 3.860 | 3.390 | 3.200 | 3.280 | 4.840 | 4.840 | 4.840 |
| Announcement Date | 2/27/19 | 2/26/20 | 2/25/21 | 2/25/22 | 2/20/23 | 2/28/24 | - | - |
1MYR in Million2MYR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net sales 1 | 1,928 | 2,088 | 1,796 | 1,532 | 2,308 | 2,417 | 2,286 | 2,301 |
| EBITDA 1 | 30.59 | 80.27 | 61.28 | 66.49 | 123.2 | 116.5 | 78.48 | 76.96 |
| EBIT 1 | 12.46 | 60.98 | 43.89 | 48.81 | 104.9 | 97.62 | 68.15 | 68.7 |
| Operating Margin | 0.65% | 2.92% | 2.44% | 3.19% | 4.54% | 4.04% | 2.98% | 2.99% |
| Earnings before Tax (EBT) 1 | 200.7 | 263.2 | 204.5 | 207.4 | 325.3 | 394.7 | 317 | 317.4 |
| Net income 1 | 165.5 | 220.5 | 157.9 | 167.9 | 281.6 | 334.5 | 254.1 | 255.9 |
| Net margin | 8.59% | 10.56% | 8.79% | 10.96% | 12.2% | 13.84% | 11.12% | 11.12% |
| EPS 2 | 0.4232 | 0.5641 | 0.4041 | 0.4296 | 0.7203 | 0.8557 | 0.6501 | 0.6544 |
| Free Cash Flow 1 | 54.68 | 17.27 | 70.27 | 0.377 | - | -28.03 | 75.1 | 51.9 |
| FCF margin | 2.84% | 0.83% | 3.91% | 0.02% | - | -1.16% | 3.29% | 2.26% |
| FCF Conversion (EBITDA) | 178.76% | 21.51% | 114.67% | 0.57% | - | 88.32% | 95.69% | 67.44% |
| FCF Conversion (Net income) | 33.03% | 7.83% | 44.5% | 0.22% | - | 25.8% | 29.56% | 20.28% |
| Dividend per Share 2 | 0.0600 | 0.1500 | 0.1100 | 0.2000 | - | 0.3900 | 0.3379 | 0.3178 |
| Announcement Date | 2/27/19 | 2/26/20 | 2/25/21 | 2/25/22 | 2/20/23 | 2/28/24 | - | - |
1MYR in Million2MYR
Estimates
Income Statement Evolution (Quarterly data)
| Fiscal Period: December | 2022 Q4 | 2023 Q3 |
|---|---|---|
| Net sales 1 | - | 621.3 |
| EBITDA | 24.77 | - |
| EBIT | - | - |
| Operating Margin | - | - |
| Earnings before Tax (EBT) | - | - |
| Net income | - | - |
| Net margin | - | - |
| EPS | - | - |
| Dividend per Share | - | - |
| Announcement Date | 2/20/23 | 11/24/23 |
1MYR in Million
Estimates
Balance Sheet Analysis
| Fiscal Period: December | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - | - | - |
| Net Cash position 1 | 51 | 228 | 259 | 237 | - | 181 | 470 | 541 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - | - | - |
| Free Cash Flow 1 | 54.7 | 17.3 | 70.3 | 0.38 | - | -28 | 75.1 | 51.9 |
| ROE (net income / shareholders' equity) | 10.9% | 13.4% | 8.84% | 8.98% | - | 16% | 11% | 10.1% |
| ROA (Net income/ Total Assets) | 7.88% | 10.4% | 7.09% | 7.27% | - | 13% | 9.65% | 9.67% |
| Assets 1 | 2,100 | 2,119 | 2,228 | 2,309 | - | 2,564 | 2,633 | 2,648 |
| Book Value Per Share 2 | 4.040 | 4.460 | 4.670 | 4.900 | - | 5.450 | 5.700 | 5.980 |
| Cash Flow per Share 2 | 0.1600 | 0.0700 | 0.1900 | 0.0200 | - | -0 | 0.7200 | 0.8400 |
| Capex 1 | 9.71 | 12 | 4.44 | 8.97 | - | 26.8 | 16.7 | 15 |
| Capex / Sales | 0.5% | 0.57% | 0.25% | 0.59% | - | 1.11% | 0.73% | 0.65% |
| Announcement Date | 2/27/19 | 2/26/20 | 2/25/21 | 2/25/22 | 2/20/23 | 2/28/24 | - | - |
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
OUTPERFORM
Number of Analysts
10
Last Close Price
4.84
MYR
Average target price
4.591
MYR
Spread / Average Target
-5.14%
EPS Revisions
Annual profits - Rate of surprise
| 1st Jan change | Capi. | |
|---|---|---|
| +14.15% | 397M | |
| +3.01% | 9.11B | |
| -15.70% | 1.6B | |
| -21.91% | 1.43B | |
| +6.68% | 790M | |
| +22.64% | 121M | |
| 0.00% | 76.21M |
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