Market Closed -
BURSA MALAYSIA
03:59:54 2025-02-07 am EST
|
5-day change
|
1st Jan Change
|
1.680 MYR
|
+1.20%
|
|
0.00%
|
-9.19%
|
 Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
2,559
|
3,373
|
3,986
|
4,359
|
4,874
|
5,580
|
6,217
|
Change
|
-
|
31.81%
|
18.15%
|
9.37%
|
11.82%
|
14.47%
|
11.42%
|
EBITDA
1 |
697.4
|
873.3
|
966.8
|
1,124
|
1,202
|
1,350
|
1,468
|
Change
|
-
|
25.23%
|
10.71%
|
16.22%
|
7.01%
|
12.25%
|
8.78%
|
EBIT
1 |
524.7
|
644.9
|
700.7
|
820
|
860.6
|
979.8
|
1,102
|
Change
|
-
|
22.92%
|
8.64%
|
17.03%
|
4.95%
|
13.85%
|
12.47%
|
Interest Paid
1 |
-68.95
|
-60.66
|
-
|
-70.46
|
-71.49
|
-79.53
|
-83.27
|
Earnings before Tax (EBT)
1 |
457.7
|
586.4
|
641.4
|
753.2
|
803.4
|
943.9
|
1,073
|
Change
|
-
|
28.13%
|
9.37%
|
17.43%
|
6.67%
|
17.48%
|
13.68%
|
Net income
1 |
337.2
|
431.8
|
472.9
|
560.7
|
598.9
|
705.2
|
796.4
|
Change
|
-
|
28.08%
|
9.52%
|
18.55%
|
6.82%
|
17.75%
|
12.93%
|
Announcement Date
|
2/17/21
|
2/16/22
|
2/14/23
|
2/23/24
|
-
|
-
|
-
|
 Fiscal Period: December |
2020 Q3
|
2020 Q4
|
2021 Q1
|
2021 Q2
|
2021 Q3
|
2021 Q4
|
2022 Q1
|
2022 Q2
|
2022 Q3
|
2022 Q4
|
2023 Q1
|
2023 Q2
|
2023 Q3
|
2023 Q4
|
2024 Q1
|
2024 Q2
|
2024 Q3
|
2024 Q4
|
2025 Q1
|
2025 Q2
|
2025 Q3
|
2025 Q4
|
2026 Q1
|
2026 Q2
|
2026 Q3
|
---|
Net sales
1 |
740.2
|
768.3
|
870.2
|
759.8
|
768
|
975.4
|
905.2
|
1,049
|
966.2
|
1,066
|
1,046
|
1,100
|
1,067
|
1,147
|
1,143
|
1,196
|
1,135
|
1,277
|
1,298
|
1,352
|
1,352
|
1,406
|
1,427
|
1,487
|
1,487
|
Change
|
-
|
3.8%
|
13.26%
|
-12.68%
|
1.08%
|
27%
|
-7.2%
|
15.86%
|
-7.87%
|
10.31%
|
-1.82%
|
5.09%
|
-3.01%
|
7.52%
|
-0.32%
|
4.65%
|
-5.11%
|
12.52%
|
1.61%
|
4.17%
|
0%
|
4%
|
1.51%
|
4.17%
|
0%
|
EBITDA
1 |
180.8
|
205.9
|
237.1
|
182.9
|
194
|
259.3
|
212.1
|
262.4
|
217.2
|
275.1
|
262.6
|
291.6
|
261.8
|
307.7
|
292.5
|
307.7
|
267.5
|
358.2
|
286.6
|
340.6
|
340.6
|
394.7
|
316.3
|
375.7
|
375.7
|
Change
|
-
|
13.88%
|
15.16%
|
-22.85%
|
6.05%
|
33.63%
|
-18.18%
|
23.72%
|
-17.25%
|
26.67%
|
-4.55%
|
11.06%
|
-10.22%
|
17.52%
|
-4.93%
|
5.19%
|
-13.05%
|
33.89%
|
-20%
|
18.87%
|
0%
|
15.87%
|
-19.87%
|
18.8%
|
0%
|
EBIT
1 |
167.4
|
158.1
|
185.2
|
127.3
|
138.4
|
194
|
149.5
|
197.5
|
148.8
|
204.9
|
189.8
|
216.9
|
183.9
|
229.4
|
213.5
|
225.1
|
183.2
|
273.2
|
192.1
|
246.1
|
246.1
|
300.2
|
211.8
|
271.3
|
271.3
|
Change
|
-
|
-5.58%
|
17.19%
|
-31.27%
|
8.69%
|
40.19%
|
-22.94%
|
32.08%
|
-24.65%
|
37.72%
|
-7.36%
|
14.28%
|
-15.25%
|
24.76%
|
-6.93%
|
5.45%
|
-18.64%
|
49.19%
|
-29.71%
|
28.15%
|
0%
|
21.97%
|
-29.44%
|
28.07%
|
0%
|
Charge d'intérêts
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Earnings before Tax (EBT)
|
-
|
-
|
-
|
112.6
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Change
|
-
|
-
|
-
|
-
|
-100%
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net income
1 |
-
|
108.3
|
124.8
|
82.13
|
90.35
|
134.6
|
100.5
|
135.2
|
101.2
|
136.1
|
127.8
|
150.3
|
123.9
|
158.6
|
144.9
|
155.2
|
121.6
|
205.5
|
117.7
|
171.7
|
171.7
|
225.8
|
130.4
|
189.9
|
189.9
|
Change
|
-
|
-
|
15.26%
|
-34.18%
|
10%
|
48.92%
|
-25.31%
|
34.51%
|
-25.15%
|
34.48%
|
-6.1%
|
17.65%
|
-17.55%
|
27.99%
|
-8.67%
|
7.13%
|
-21.62%
|
68.9%
|
-42.73%
|
45.95%
|
0%
|
31.49%
|
-42.25%
|
45.6%
|
0%
|
Announcement Date
|
11/2/21
|
2/17/21
|
4/30/21
|
8/5/21
|
11/2/21
|
2/16/22
|
5/13/22
|
8/4/22
|
11/8/22
|
2/14/23
|
5/11/23
|
8/9/23
|
11/20/23
|
2/23/24
|
5/9/24
|
8/13/24
|
11/14/24
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
 Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
1 |
173
|
15.7
|
-
|
-29.8
|
-117
|
-232
|
-372
|
Change
|
-
|
-90.92%
|
-
|
-
|
-492.24%
|
-298.29%
|
-260.34%
|
Announcement Date
|
2/17/21
|
2/16/22
|
2/14/23
|
2/23/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2023
|
2024
|
2025
|
2026
|
---|
CAPEX
1 |
119.9
|
141.2
|
229.3
|
163.3
|
212.8
|
188.8
|
Change
|
-
|
17.76%
|
-
|
-28.81%
|
30.37%
|
-11.31%
|
Free Cash Flow (FCF)
1 |
265.2
|
506.4
|
743.6
|
709.3
|
785.1
|
914.3
|
Change
|
-
|
90.94%
|
-
|
-4.61%
|
10.68%
|
16.47%
|
Announcement Date
|
2/17/21
|
2/16/22
|
2/23/24
|
-
|
-
|
-
|
Fiscal Period: December |
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Profitability
| | | | | | | |
---|
EBITDA Margin (%)
|
27.25%
|
25.89%
|
24.26%
|
25.78%
|
24.67%
|
24.19%
|
23.62%
|
EBIT Margin (%)
|
20.5%
|
19.12%
|
17.58%
|
18.81%
|
17.66%
|
17.56%
|
17.73%
|
EBT Margin (%)
|
17.88%
|
17.38%
|
16.09%
|
17.28%
|
16.48%
|
16.92%
|
17.26%
|
Net margin (%)
|
13.17%
|
12.8%
|
11.87%
|
12.86%
|
12.29%
|
12.64%
|
12.81%
|
FCF margin (%)
|
10.36%
|
15.01%
|
-
|
17.06%
|
14.55%
|
14.07%
|
14.71%
|
FCF / Net Income (%)
|
78.67%
|
117.28%
|
-
|
132.63%
|
118.44%
|
111.32%
|
114.81%
|
Profitability
| | | | | | | |
---|
ROA
|
16.54%
|
17.45%
|
-
|
16.31%
|
16.28%
|
17.98%
|
18.31%
|
ROE
|
55.4%
|
75.15%
|
-
|
35.28%
|
32.24%
|
33.32%
|
33.16%
|
Financial Health
| | | | | | | |
---|
Leverage (Debt/EBITDA)
|
0.25x
|
0.02x
|
-
|
-
|
-
|
-
|
-
|
Debt / Free cash flow
|
0.65x
|
0.03x
|
-
|
-
|
-
|
-
|
-
|
Capital Intensity
| | | | | | | |
---|
CAPEX / Current Assets (%)
|
4.69%
|
4.19%
|
-
|
5.26%
|
3.35%
|
3.81%
|
3.04%
|
CAPEX / EBITDA (%)
|
17.2%
|
16.17%
|
-
|
20.41%
|
13.58%
|
15.77%
|
12.86%
|
CAPEX / FCF (%)
|
45.21%
|
27.88%
|
-
|
30.84%
|
23.02%
|
27.11%
|
20.65%
|
Items per share
| | | | | | | |
---|
Cash flow per share
1 |
0.0409
|
0.0685
|
-
|
0.1029
|
0.0854
|
0.1009
|
0.1098
|
Change
|
-
|
67.29%
|
-
|
-
|
-16.97%
|
18.03%
|
8.91%
|
Dividend per Share
1 |
0.00953
|
0.0197
|
-
|
-
|
0.0388
|
0.0436
|
0.0495
|
Change
|
-
|
106.4%
|
-
|
-
|
-
|
12.53%
|
13.38%
|
Book Value Per Share
1 |
0.0931
|
0.122
|
-
|
0.1846
|
0.2149
|
0.2416
|
0.275
|
Change
|
-
|
31.03%
|
-
|
-
|
16.41%
|
12.41%
|
13.87%
|
EPS
1 |
0.0358
|
0.0457
|
0.0499
|
0.0593
|
0.0628
|
0.075
|
0.0843
|
Change
|
-
|
27.57%
|
9.26%
|
18.84%
|
5.95%
|
19.45%
|
12.37%
|
Nbr of stocks (in thousands)
|
9,414,900
|
9,420,690
|
9,430,983
|
9,443,349
|
9,455,078
|
9,455,078
|
9,455,078
|
Announcement Date
|
2/17/21
|
2/16/22
|
2/14/23
|
2/23/24
|
-
|
-
|
-
|
| 2024 * | 2025 * |
---|
P/E ratio |
26.7x |
22.4x |
---|
PBR |
7.82x |
6.96x |
---|
EV / Sales |
3.23x |
2.81x |
---|
Yield |
2.31% |
2.6% |
---|
Last Close Price 1.680MYR Average target price 2.296MYR Spread / Average Target +36.65% Consensus
|