Financials Sinarmas Land Limited

Equities

A26

SG1E97853881

Business Support Services

Market Closed - Singapore S.E. 01:24:24 2024-04-26 am EDT 5-day change 1st Jan Change
0.155 SGD 0.00% Intraday chart for Sinarmas Land Limited 0.00% -14.36%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 1,064 1,064 872.3 1,043 765.9 770.2
Enterprise Value (EV) 1 1,885 1,771 1,625 1,206 678.1 819.8
P/E ratio 8.94 x 2.75 x 8.67 x 7.16 x 2.23 x 2.83 x
Yield 0.8% 1.52% 0.44% 0.37% 0.77% 0.44%
Capitalization / Revenue 1.23 x 0.91 x 0.96 x 1.16 x 0.58 x 0.57 x
EV / Revenue 2.18 x 1.51 x 1.78 x 1.35 x 0.51 x 0.61 x
EV / EBITDA 4.77 x 3.28 x 4.17 x 3.25 x 0.93 x 1.51 x
EV / FCF 12 x -17.1 x 6.12 x 15.1 x 1.48 x 69.7 x
FCF Yield 8.35% -5.85% 16.3% 6.6% 67.8% 1.43%
Price to Book 0.52 x 0.42 x 0.31 x 0.35 x 0.25 x 0.23 x
Nbr of stocks (in thousands) 4,255,862 4,255,862 4,255,159 4,255,159 4,255,159 4,255,159
Reference price 2 0.2500 0.2500 0.2050 0.2450 0.1800 0.1810
Announcement Date 4/2/19 4/6/20 4/6/21 4/7/22 4/2/23 4/1/24
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 864.1 1,173 910.5 895 1,332 1,341
EBITDA 1 395 540.4 389.9 371.2 727.4 542.1
EBIT 1 342.2 489.8 336.5 315.2 671.3 477.1
Operating Margin 39.6% 41.76% 36.96% 35.22% 50.41% 35.57%
Earnings before Tax (EBT) 1 269.2 768.2 220.6 270.6 551.7 436
Net income 1 119 387.5 100.7 145.7 343.6 272.5
Net margin 13.77% 33.04% 11.06% 16.28% 25.8% 20.32%
EPS 2 0.0280 0.0911 0.0237 0.0342 0.0807 0.0640
Free Cash Flow 1 157.3 -103.6 265.6 79.64 459.5 11.76
FCF margin 18.21% -8.83% 29.17% 8.9% 34.5% 0.88%
FCF Conversion (EBITDA) 39.83% - 68.12% 21.45% 63.16% 2.17%
FCF Conversion (Net income) 132.18% - 263.8% 54.66% 133.72% 4.32%
Dividend per Share 2 0.002000 0.003800 0.000900 0.000900 0.001380 0.000800
Announcement Date 4/2/19 4/6/20 4/6/21 4/7/22 4/2/23 4/1/24
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 821 707 753 164 - 49.6
Net Cash position 1 - - - - 87.8 -
Leverage (Debt/EBITDA) 2.079 x 1.309 x 1.93 x 0.4404 x - 0.0915 x
Free Cash Flow 1 157 -104 266 79.6 459 11.8
ROE (net income / shareholders' equity) 5.87% 17.1% 3.79% 5.03% 10.6% 7.93%
ROA (Net income/ Total Assets) 3.26% 4.28% 2.66% 2.46% 5.36% 3.82%
Assets 1 3,650 9,063 3,787 5,920 6,406 7,142
Book Value Per Share 2 0.4800 0.6000 0.6700 0.7100 0.7300 0.7900
Cash Flow per Share 2 0.2300 0.2600 0.3300 0.3100 0.3600 0.3500
Capex 1 6.11 6.68 2.86 6.59 15.7 9.47
Capex / Sales 0.71% 0.57% 0.31% 0.74% 1.18% 0.71%
Announcement Date 4/2/19 4/6/20 4/6/21 4/7/22 4/2/23 4/1/24
1SGD in Million2SGD
Estimates
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