Financials Hap Seng Plantations Holdings

Equities

HSPLANT

MYL5138OO002

Fishing & Farming

End-of-day quote BURSA MALAYSIA 06:00:00 2024-07-10 pm EDT 5-day change 1st Jan Change
1.73 MYR -0.57% Intraday chart for Hap Seng Plantations Holdings -1.14% +0.58%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 1,703 1,439 1,575 1,551 1,375 1,383 - -
Enterprise Value (EV) 1 1,703 1,236 1,207 1,113 1,240 1,280 1,260 1,208
P/E ratio 54.2 x 15.9 x 7.03 x 7.38 x 15 x 12 x 12.8 x 11.2 x
Yield 1.17% 3.89% 8.63% 6.19% 3.95% 5.15% 4.71% 5.2%
Capitalization / Revenue 4.07 x 3.08 x 2.35 x 1.9 x 2.06 x 1.94 x 1.97 x 1.86 x
EV / Revenue 4.07 x 2.64 x 1.8 x 1.37 x 1.86 x 1.8 x 1.8 x 1.63 x
EV / EBITDA 13.3 x 6.22 x 3.18 x 3.17 x 5.92 x 5.57 x 5.73 x 5.33 x
EV / FCF 57.2 x 23.8 x 5.49 x 6.67 x 13.5 x 9.76 x 8.94 x -
FCF Yield 1.75% 4.2% 18.2% 15% 7.39% 10.2% 11.2% -
Price to Book 1.03 x 0.84 x 0.84 x 0.8 x 0.7 x 0.69 x 0.68 x 0.66 x
Nbr of stocks (in thousands) 799,685 799,685 799,685 799,685 799,685 799,685 - -
Reference price 2 2.130 1.800 1.970 1.940 1.720 1.730 1.730 1.730
Announcement Date 2/24/20 2/24/21 2/23/22 2/22/23 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 1 418.6 467.6 670.9 814.6 667.8 712.6 700.9 742
EBITDA 1 127.7 198.6 379.1 351.6 209.3 229.7 220 226.4
EBIT 1 39.35 110.9 292.6 266.9 123.4 143 142.2 142.4
Operating Margin 9.4% 23.72% 43.61% 32.77% 18.48% 20.07% 20.29% 19.19%
Earnings before Tax (EBT) 1 36.56 108.4 290.3 264 120.2 139.6 141.5 159
Net income 1 31.45 90.3 224 210.3 91.37 116 109 124
Net margin 7.51% 19.31% 33.39% 25.82% 13.68% 16.28% 15.56% 16.72%
EPS 2 0.0393 0.1129 0.2801 0.2630 0.1143 0.1445 0.1350 0.1550
Free Cash Flow 1 29.77 51.85 219.7 167.1 91.67 131 141 -
FCF margin 7.11% 11.09% 32.75% 20.51% 13.73% 18.39% 20.12% -
FCF Conversion (EBITDA) 23.31% 26.11% 57.97% 47.51% 43.8% 57.05% 64.13% -
FCF Conversion (Net income) 94.67% 57.43% 98.09% 79.43% 100.33% 112.94% 129.36% -
Dividend per Share 2 0.0250 0.0700 0.1700 0.1200 0.0680 0.0891 0.0816 0.0900
Announcement Date 2/24/20 2/24/21 2/23/22 2/22/23 2/27/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2023 Q3
Net sales -
EBITDA -
EBIT -
Operating Margin -
Earnings before Tax (EBT) -
Net income 1 37.85
Net margin -
EPS 2 0.0473
Dividend per Share -
Announcement Date 11/20/23
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 - 204 368 438 136 104 123 176
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow 1 29.8 51.9 220 167 91.7 131 141 -
ROE (net income / shareholders' equity) 1.91% 5.36% 11.1% 11.1% 4.71% 5.71% 5.44% 5.9%
ROA (Net income/ Total Assets) 1.49% 3.21% 8.8% 8.85% 3.77% 4.47% 4.6% 4.6%
Assets 1 2,104 2,813 2,544 2,375 2,424 2,597 2,370 2,697
Book Value Per Share 2 2.070 2.140 2.350 2.410 2.440 2.500 2.550 2.640
Cash Flow per Share - - - - - - - -
Capex 1 86.3 54.7 57.8 79 78.2 68.4 71.4 67
Capex / Sales 20.62% 11.69% 8.61% 9.7% 11.7% 9.6% 10.19% 9.03%
Announcement Date 2/24/20 2/24/21 2/23/22 2/22/23 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
OUTPERFORM
Number of Analysts
9
Last Close Price
1.73 MYR
Average target price
2.074 MYR
Spread / Average Target
+19.88%
Consensus

Annual profits - Rate of surprise

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