Financials Dayang Enterprise Holdings

Equities

DAYANG

MYL5141OO006

Oil Related Services and Equipment

End-of-day quote BURSA MALAYSIA 06:00:00 2024-07-04 pm EDT 5-day change 1st Jan Change
2.79 MYR -3.13% Intraday chart for Dayang Enterprise Holdings +0.36% +74.38%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,422 1,252 932 1,517 1,852 3,230 - -
Enterprise Value (EV) 1 2,948 1,505 932 1,517 1,852 2,522 2,223 1,934
P/E ratio 10.3 x 21.7 x -2.87 x 12.2 x 8.46 x 13.1 x 11.1 x 12 x
Yield - - 1.86% 1.15% 2.81% 1.54% 1.47% 1.58%
Capitalization / Revenue 2.31 x 1.71 x 1.4 x 1.54 x 1.66 x 2.37 x 2.16 x 2.14 x
EV / Revenue 2.82 x 2.06 x 1.4 x 1.54 x 1.66 x 1.85 x 1.49 x 1.28 x
EV / EBITDA 5.75 x 6.74 x -4.35 x 4.67 x 4.16 x 5.21 x 4.13 x 3.87 x
EV / FCF - - - - 5.97 x 6.31 x 4.58 x 4.7 x
FCF Yield - - - - 16.8% 15.8% 21.9% 21.3%
Price to Book 1.85 x 0.84 x 0.7 x 1.05 x 1.12 x 1.72 x 1.53 x 1.38 x
Nbr of stocks (in thousands) 964,810 1,061,291 1,157,772 1,157,772 1,157,772 1,157,772 - -
Reference price 2 2.510 1.180 0.8050 1.310 1.600 2.790 2.790 2.790
Announcement Date 2/21/20 2/24/21 2/22/22 2/16/23 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 1,046 731.4 667.7 984.2 1,113 1,362 1,494 1,511
EBITDA 1 513 223.3 -214.5 325 444.9 484.5 537.8 499.8
EBIT 1 399.9 118.9 -369.7 220.1 355.9 388.3 438.2 414.9
Operating Margin 38.23% 16.25% -55.36% 22.37% 31.98% 28.5% 29.32% 27.46%
Earnings before Tax (EBT) 1 335.2 87.75 -406.9 200.9 337.4 367.7 425 399.4
Net income 1 236.3 57.59 -318.9 124.2 218.9 241.6 283.1 264.3
Net margin 22.58% 7.87% -47.76% 12.62% 19.67% 17.74% 18.94% 17.49%
EPS 2 0.2440 0.0543 -0.2802 0.1073 0.1891 0.2132 0.2520 0.2326
Free Cash Flow 1 - - - - 310.4 399.6 485.7 411.8
FCF margin - - - - 27.89% 29.33% 32.5% 27.25%
FCF Conversion (EBITDA) - - - - 69.76% 82.48% 90.31% 82.4%
FCF Conversion (Net income) - - - - 141.78% 165.39% 171.59% 155.79%
Dividend per Share 2 - - 0.0150 0.0150 0.0450 0.0428 0.0410 0.0440
Announcement Date 2/21/20 2/24/21 2/22/22 2/16/23 2/22/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q1
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 13.76
Net margin -
EPS 2 0.0119
Dividend per Share -
Announcement Date 5/19/22
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 527 253 - - - - - -
Net Cash position 1 - - - - - 708 1,007 1,296
Leverage (Debt/EBITDA) 1.027 x 1.131 x - - - - - -
Free Cash Flow 1 - - - - 310 400 486 412
ROE (net income / shareholders' equity) 18.4% 3.93% -22.8% 9.01% 14.1% 13.5% 14% 11.8%
ROA (Net income/ Total Assets) 8.38% 2.03% -12.6% 5.29% 8.97% 9.93% 10.5% 9.2%
Assets 1 2,820 2,837 2,539 2,347 2,441 2,432 2,696 2,873
Book Value Per Share 2 1.360 1.410 1.150 1.250 1.430 1.630 1.830 2.020
Cash Flow per Share - - - - - - - -
Capex 1 32.2 52.4 41 27.7 34.9 48.8 50 50
Capex / Sales 3.08% 7.16% 6.13% 2.81% 3.14% 3.58% 3.35% 3.31%
Announcement Date 2/21/20 2/24/21 2/22/22 2/16/23 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
C-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
6
Last Close Price
2.79 MYR
Average target price
3.277 MYR
Spread / Average Target
+17.46%
Consensus

Annual profits - Rate of surprise

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