Financials ViTrox Corporation

Equities

VITROX

MYQ0097OO004

Semiconductors

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
7.45 MYR +0.68% Intraday chart for ViTrox Corporation -3.50% +2.19%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 3,730 6,939 9,408 7,227 6,892 7,043 - -
Enterprise Value (EV) 1 3,588 6,722 9,187 6,929 6,565 6,617 6,569 6,487
P/E ratio 46.9 x 65.7 x 27.7 x 39.5 x 54 x 43.2 x 33.6 x 29.5 x
Yield 0.19% 0.39% 0.5% 0.54% - 0.71% 0.87% 1.02%
Capitalization / Revenue 11 x 14.8 x 13.8 x 9.63 x 12 x 10.4 x 8.6 x 7.37 x
EV / Revenue 10.6 x 14.3 x 13.5 x 9.24 x 11.4 x 9.8 x 8.02 x 6.79 x
EV / EBITDA 41.4 x 58.7 x 51.3 x 34.2 x 49.4 x 36 x 28.7 x 24.4 x
EV / FCF 48.2 x 71.9 x 101 x 55.7 x 95.3 x 82 x 58.6 x 39.7 x
FCF Yield 2.08% 1.39% 0.99% 1.8% 1.05% 1.22% 1.71% 2.52%
Price to Book 7.73 x 12.2 x 6.61 x 8.26 x 7.19 x 6.6 x 5.81 x 5.11 x
Nbr of stocks (in thousands) 942,009 944,113 944,535 944,656 945,352 945,420 - -
Reference price 2 3.960 7.350 9.960 7.650 7.290 7.450 7.450 7.450
Announcement Date 2/27/20 2/24/21 2/24/22 2/23/23 2/22/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 339.6 470.4 680.1 750.2 574.9 675 819.3 955.7
EBITDA 1 86.72 114.5 179.1 202.8 132.8 183.8 228.8 266.3
EBIT 1 77.68 106.9 172.5 194.3 121.7 170.1 214.2 250.5
Operating Margin 22.87% 22.73% 25.37% 25.9% 21.16% 25.19% 26.15% 26.21%
Earnings before Tax (EBT) 1 81.46 110.3 178.2 206.2 141.6 171.7 220.1 249.9
Net income 1 79.65 105.6 169.7 200.8 128.3 163.5 209.8 238.4
Net margin 23.45% 22.45% 24.95% 26.77% 22.32% 24.21% 25.61% 24.94%
EPS 2 0.0844 0.1118 0.3592 0.1937 0.1349 0.1725 0.2216 0.2525
Free Cash Flow 1 74.45 93.5 91.28 124.5 68.89 80.65 112.1 163.3
FCF margin 21.92% 19.88% 13.42% 16.6% 11.98% 11.95% 13.68% 17.08%
FCF Conversion (EBITDA) 85.85% 81.69% 50.97% 61.39% 51.89% 43.89% 48.99% 61.31%
FCF Conversion (Net income) 93.47% 88.53% 53.8% 62% 53.7% 49.34% 53.42% 68.49%
Dividend per Share 2 0.007500 0.0285 0.0500 0.0415 - 0.0530 0.0651 0.0761
Announcement Date 2/27/20 2/24/21 2/24/22 2/23/23 2/22/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 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
Net sales 1 185.8 185.3 189.4 185.6 190 133.3 149.4 150 142.2 119.6 175.7 190.3 190.3 - -
EBITDA 1 50.77 48.52 53.37 53.04 47.89 32.4 38.77 35.08 26.51 17.63 49.95 53.88 53.88 - -
EBIT 1 49.05 46.56 51.26 50.83 45.64 30.01 - 32.49 22.84 14.47 47.1 51.02 51.02 - -
Operating Margin 26.4% 25.13% 27.07% 27.39% 24.02% 22.51% - 21.66% 16.06% 12.09% 26.81% 26.81% 26.81% - -
Earnings before Tax (EBT) - - - - - - - - - - - - - - -
Net income 1 46.12 50.02 51.35 50.84 48.6 33 37.66 33.25 24.4 17.23 43.82 47.47 47.47 - -
Net margin 24.83% 27% 27.11% 27.4% 25.58% 24.75% 25.21% 22.17% 17.15% 14.4% 24.94% 24.94% 24.94% - -
EPS 2 - 0.0529 0.0495 0.0491 0.0469 0.0318 0.0395 0.0349 0.0256 0.0181 0.0464 0.0503 0.0503 - -
Dividend per Share 2 0.0250 - - - 0.0125 - - - - - 0.0121 0.0121 0.0121 0.0141 0.0141
Announcement Date 2/24/22 4/27/22 7/28/22 10/27/22 2/23/23 4/27/23 7/27/23 10/26/23 2/22/24 4/25/24 - - - - -
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - - - - - - - -
Net Cash position 1 143 217 221 298 327 426 475 557
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 74.4 93.5 91.3 125 68.9 80.7 112 163
ROE (net income / shareholders' equity) 17.8% 20.1% 26.5% 25.3% 14% 15.9% 17.8% 18.4%
ROA (Net income/ Total Assets) 13.4% 15.3% 19.9% 19.3% 11.1% 13.1% 14.8% 15.8%
Assets 1 596.4 688.3 853.5 1,043 1,152 1,248 1,421 1,508
Book Value Per Share 2 0.5100 0.6000 1.510 0.9300 1.010 1.130 1.280 1.460
Cash Flow per Share 2 0.0900 0.1000 0.2300 0.1600 0.1500 0.1200 0.1200 0.1800
Capex 1 11.9 4.29 18.8 43 75.1 29.3 27.4 27.9
Capex / Sales 3.49% 0.91% 2.76% 5.73% 13.06% 4.34% 3.34% 2.92%
Announcement Date 2/27/20 2/24/21 2/24/22 2/23/23 2/22/24 - - -
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
B
More Ratings
Sell
Consensus
Buy
Mean consensus
HOLD
Number of Analysts
10
Last Close Price
7.45 MYR
Average target price
7.786 MYR
Spread / Average Target
+4.51%
Consensus
  1. Stock Market
  2. Equities
  3. VITROX Stock
  4. Financials ViTrox Corporation