Financials TIME dotCom

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
5.26 ^MYR	-1.13%		+2.73%	-2.59%

Mar. 26	TIME dotCom Berhad Appoints Karen Ding Ming Nyuk as Acting Chief Financial Officer, Effective 15 May 2024	CI
Mar. 26	TIME dotCom Berhad Announces the Resignation of Encik Shahnaz Farouque Bin Jammal Ahmad as Chief Financial Officer, Effective May 15, 2024	CI

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Capitalization ¹	4,728	5,399	8,013	8,398	8,999	9,706	9,706	-
Enterprise Value (EV) ¹	4,512	5,105	7,448	7,856	8,544	8,449	8,630	8,730
P/E ratio	16.5 x	17.4 x	24.2 x	21.3 x	20 x	3.88 x	20.8 x	19 x
Yield	1.4%	1.08%	2.5%	2.86%	2.52%	13.1%	4.54%	4.63%
Capitalization / Revenue	4.81 x	4.85 x	6.55 x	6.01 x	5.71 x	6.04 x	5.62 x	5.19 x
EV / Revenue	4.59 x	4.58 x	6.09 x	5.63 x	5.42 x	5.11 x	5 x	4.67 x
EV / EBITDA	10.6 x	10.6 x	13.1 x	11.4 x	11.3 x	14.5 x	11.8 x	10.9 x
EV / FCF	28.3 x	17.5 x	20.8 x	23.7 x	28.1 x	20.2 x	14.3 x	22.4 x
FCF Yield	3.54%	5.72%	4.82%	4.22%	3.56%	4.94%	7.02%	4.47%
Price to Book	1.88 x	1.95 x	2.63 x	2.67 x	2.88 x	2.41 x	2.25 x	2.19 x
Nbr of stocks (in thousands)	1,751,104	1,756,604	1,812,785	1,825,619	1,836,586	1,848,819	1,848,819	-
Reference price ²	2.700	3.073	4.420	4.600	4.900	5.260	5.260	5.260
Announcement Date	2/28/19	2/28/20	2/26/21	2/25/22	2/28/23	2/29/24	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net sales ¹	983.4	1,114	1,223	1,396	1,576	1,652	1,727	1,869
EBITDA ¹	427.4	479.8	567.1	689.2	758.1	581	732.9	800.1
EBIT ¹	302.4	330.3	415.2	526	571.3	384.1	532.5	594
Operating Margin	30.75%	29.65%	33.94%	37.67%	36.26%	23.25%	30.84%	31.79%
Earnings before Tax (EBT) ¹	304.8	328.1	423.1	532.7	577.1	454.5	624.4	686.9
Net income ¹	288.7	314	328	393.2	449.9	2,569	461.9	508.9
Net margin	29.35%	28.19%	26.82%	28.16%	28.55%	155.51%	26.75%	27.23%
EPS ²	0.1638	0.1771	0.1824	0.2161	0.2456	1.392	0.2526	0.2770
Free Cash Flow ¹	159.5	291.9	358.6	331.5	303.8	417.7	605.5	389.9
FCF margin	16.22%	26.2%	29.32%	23.74%	19.28%	25.29%	35.07%	20.86%
FCF Conversion (EBITDA)	37.32%	60.83%	63.24%	48.1%	40.08%	71.89%	82.62%	48.73%
FCF Conversion (Net income)	55.26%	92.94%	109.32%	84.32%	67.53%	16.26%	131.1%	76.62%
Dividend per Share ²	0.0377	0.0332	0.1103	0.1315	0.1233	0.7065	0.2389	0.2438
Announcement Date	2/28/19	2/28/20	2/26/21	2/25/22	2/28/23	2/29/24	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2018	2019	2020	2021	2022	2023	2024	2025
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	216	293	565	542	455	1,524	1,077	977
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	160	292	359	332	304	418	606	390
ROE (net income / shareholders' equity)	12.1%	11.9%	11.3%	12.7%	14.4%	9.14%	10.9%	12.3%
ROA (Net income/ Total Assets)	9.23%	9.38%	8.84%	9.8%	10.8%	54.1%	8.7%	9.3%
Assets ¹	3,128	3,349	3,711	4,011	4,155	4,752	5,309	5,472
Book Value Per Share ²	1.440	1.580	1.680	1.720	1.700	2.240	2.340	2.400
Cash Flow per Share ²	0.2300	0.3400	0.3600	0.3500	0.4100	0.4200	0.3900	0.4100
Capex ¹	248	318	283	300	452	350	374	342
Capex / Sales	25.26%	28.58%	23.1%	21.52%	28.68%	21.2%	21.66%	18.3%
Announcement Date	2/28/19	2/28/20	2/26/21	2/25/22	2/28/23	2/29/24	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C+

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

5.26 MYR

Average target price

5.768 MYR

Spread / Average Target

+9.65%

	1st Jan change	Capi.
TIME DOTCOM	-2.59%	2.04B
CHINA MOBILE LIMITED	+7.48%	199B
VERIZON COMMUNICATIONS	+5.25%	167B
DEUTSCHE TELEKOM AG	+0.18%	116B
NIPPON TELEGRAPH AND TELEPHONE CORPORATION	-2.38%	89.84B
CHINA TELECOM CORPORATION LIMITED	+15.24%	72.93B
AMÉRICA MÓVIL, S.A.B. DE C.V.	+2.80%	58.4B
SAUDI TELECOM COMPANY	-6.19%	50.38B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	-13.44%	40.2B
CHARTER COMMUNICATIONS, INC.	-34.49%	35B