Financials UOA Development

Equities

UOADEV

MYL5200OO000

Real Estate Development & Operations

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
1.89 MYR -0.53% Intraday chart for UOA Development +2.16% +8.62%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,991 3,589 3,885 3,876 4,333 4,707 - -
Enterprise Value (EV) 1 3,991 3,589 3,885 3,876 4,333 4,707 4,707 4,707
P/E ratio 9.63 x 8.74 x 16.6 x 17.9 x 15.2 x 19.8 x 17.6 x 17 x
Yield 6.9% 8.28% 5.99% 6.21% 17.2% 5.29% 5.24% 5.47%
Capitalization / Revenue 3.61 x 4.25 x 7.1 x 8.58 x 10.8 x 8.36 x 7.54 x 6.63 x
EV / Revenue 3.61 x 4.25 x 7.1 x 8.58 x 10.8 x 8.36 x 7.54 x 6.63 x
EV / EBITDA 8.26 x 9.63 x 14 x 14.1 x 15.7 x 15.6 x 13.4 x 12.5 x
EV / FCF - 10.9 x - - - 65.5 x 18.3 x 25.1 x
FCF Yield - 9.19% - - - 1.53% 5.47% 3.98%
Price to Book 0.79 x 0.66 x 0.69 x 0.66 x 0.8 x 0.84 x 0.85 x 0.93 x
Nbr of stocks (in thousands) 1,966,023 2,123,771 2,326,466 2,407,449 2,490,419 2,490,418 - -
Reference price 2 2.030 1.690 1.670 1.610 1.740 1.890 1.890 1.890
Announcement Date 2/26/20 2/24/21 2/24/22 3/28/23 2/27/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,104 844.6 547.5 451.7 399.4 562.8 624.4 709.7
EBITDA 1 482.9 372.8 277 275 275.6 302.4 350.2 375.2
EBIT 1 461.7 351.8 259.1 258.8 258 301.8 332.9 341.8
Operating Margin 41.8% 41.65% 47.33% 57.3% 64.59% 53.62% 53.32% 48.16%
Earnings before Tax (EBT) 1 510.1 480 316.7 287.2 368.4 316.9 347.5 361.8
Net income 1 399.5 391.3 222.4 219.9 279.6 232.9 255.1 262.6
Net margin 36.17% 46.33% 40.63% 48.7% 69.99% 41.37% 40.86% 37%
EPS 2 0.2107 0.1934 0.1005 0.0900 0.1147 0.0952 0.1075 0.1110
Free Cash Flow 1 - 329.8 - - - 71.9 257.3 187.5
FCF margin - 39.05% - - - 12.77% 41.21% 26.42%
FCF Conversion (EBITDA) - 88.47% - - - 23.78% 73.48% 49.98%
FCF Conversion (Net income) - 84.29% - - - 30.88% 100.85% 71.41%
Dividend per Share 2 0.1400 0.1400 0.1000 0.1000 0.3000 0.1000 0.0990 0.1033
Announcement Date 2/26/20 2/24/21 2/24/22 3/28/23 2/27/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2023 Q1 2024 Q2
Net sales - - -
EBITDA - - -
EBIT - - -
Operating Margin - - -
Earnings before Tax (EBT) 1 - - 78.8
Net income 33.15 46.1 -
Net margin - - -
EPS - 1.920 -
Dividend per Share - - -
Announcement Date 11/26/21 5/22/23 -
1MYR in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 - 330 - - - 71.9 257 188
ROE (net income / shareholders' equity) 8.2% 7.47% 4.03% 3.87% 5.01% 4.21% 4.61% 4.7%
ROA (Net income/ Total Assets) 6.8% 6.45% 3.54% 3.42% 4.46% 3.69% 4.05% 4.03%
Assets 1 5,877 6,068 6,291 6,431 6,267 6,319 6,296 6,510
Book Value Per Share 2 2.580 2.550 2.420 2.430 2.170 2.240 2.220 2.040
Cash Flow per Share - - - - - - - -
Capex 1 113 58.6 3.94 21.6 21.4 50 40 30
Capex / Sales 10.25% 6.94% 0.72% 4.78% 5.36% 8.88% 6.41% 4.23%
Announcement Date 2/26/20 2/24/21 2/24/22 3/28/23 2/27/24 - - -
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
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
5
Last Close Price
1.89 MYR
Average target price
1.85 MYR
Spread / Average Target
-2.12%
Consensus

Annual profits - Rate of surprise

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