Financials VICOM Ltd

Equities

WJP

SGXE86215543

Business Support Services

Market Closed - Singapore S.E. 04:20:49 2024-04-26 am EDT 5-day change 1st Jan Change
1.38 SGD +2.22% Intraday chart for VICOM Ltd 0.00% -3.50%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 531.9 685.2 765.9 723.3 680.8 507
Enterprise Value (EV) 1 427.6 625.7 705.3 679.5 651.1 483.3
P/E ratio 15.3 x 24.1 x 31.3 x 29.2 x 26 x 18.4 x
Yield 6.11% 4.97% 2.88% 3.08% 3.46% 3.85%
Capitalization / Revenue 5.32 x 6.61 x 8.86 x 7.17 x 6.29 x 4.53 x
EV / Revenue 4.27 x 6.03 x 8.16 x 6.74 x 6.01 x 4.32 x
EV / EBITDA 11.1 x 15.5 x 24.1 x 19.4 x 17.1 x 12.4 x
EV / FCF -241 x 20 x 55.2 x 52.9 x 73.7 x 40.3 x
FCF Yield -0.42% 5.01% 1.81% 1.89% 1.36% 2.48%
Price to Book 3.53 x 5.22 x 5.7 x 5.68 x 5.54 x 3.87 x
Nbr of stocks (in thousands) 354,568 354,568 354,568 354,568 354,568 354,568
Reference price 2 1.500 1.932 2.160 2.040 1.920 1.430
Announcement Date 3/25/19 3/22/20 3/23/21 3/28/22 3/27/23 3/26/24
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 100.1 103.7 86.45 100.9 108.3 111.9
EBITDA 1 38.39 40.26 29.26 35.06 38.17 39.04
EBIT 1 31.97 34.19 23.69 29.58 32.65 33.11
Operating Margin 31.95% 32.97% 27.4% 29.32% 30.15% 29.59%
Earnings before Tax (EBT) 1 41.14 34.93 29.38 30.37 32.55 34.07
Net income 1 34.7 28.41 24.49 24.78 26.18 27.6
Net margin 34.68% 27.4% 28.33% 24.56% 24.18% 24.67%
EPS 2 0.0979 0.0801 0.0691 0.0699 0.0738 0.0778
Free Cash Flow 1 -1.776 31.34 12.77 12.84 8.84 11.99
FCF margin -1.77% 30.22% 14.77% 12.72% 8.16% 10.71%
FCF Conversion (EBITDA) - 77.83% 43.65% 36.62% 23.16% 30.7%
FCF Conversion (Net income) - 110.3% 52.13% 51.81% 33.76% 43.43%
Dividend per Share 2 0.0916 0.0960 0.0622 0.0628 0.0664 0.0550
Announcement Date 3/25/19 3/22/20 3/23/21 3/28/22 3/27/23 3/26/24
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 104 59.5 60.6 43.8 29.7 23.7
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 -1.78 31.3 12.8 12.8 8.84 12
ROE (net income / shareholders' equity) 23.4% 20.3% 18.7% 19.1% 21.1% 21.8%
ROA (Net income/ Total Assets) 10.8% 10.8% 7.17% 9.07% 10.6% 10.8%
Assets 1 321.1 262.8 341.6 273.1 248.1 256.5
Book Value Per Share 2 0.4300 0.3700 0.3800 0.3600 0.3500 0.3700
Cash Flow per Share 2 0.2900 0.2600 0.2600 0.2100 0.1700 0.1600
Capex 1 26.2 5.37 15 12.3 8.91 12.8
Capex / Sales 26.18% 5.18% 17.35% 12.17% 8.23% 11.43%
Announcement Date 3/25/19 3/22/20 3/23/21 3/28/22 3/27/23 3/26/24
1SGD in Million2SGD
Estimates