Financials Manulife Holdings

Equities

MANULFE

MYL1058OO006

Life & Health Insurance

End-of-day quote BURSA MALAYSIA 06:00:00 2024-07-04 pm EDT 5-day change 1st Jan Change
2.21 MYR -0.90% Intraday chart for Manulife Holdings -3.07% +15.71%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 505.9 501.9 416 486.6 434.7 419.2
Enterprise Value (EV) 1 375 297.6 229.7 250.6 179.4 214
P/E ratio 19.3 x 19.2 x 10.6 x 5.53 x 22.7 x 5.34 x
Yield 2.8% 2.82% 3.48% 3.04% 3.48% 3.66%
Capitalization / Revenue 0.51 x 0.37 x 0.3 x 0.32 x 0.35 x 0.79 x
EV / Revenue 0.38 x 0.22 x 0.17 x 0.17 x 0.14 x 0.4 x
EV / EBITDA 10.3 x 4.18 x 2.84 x 2.01 x 6.59 x 1.81 x
EV / FCF 18.1 x -1.84 x -1.52 x -2.05 x 3.23 x 17.4 x
FCF Yield 5.53% -54.3% -65.8% -48.8% 31% 5.75%
Price to Book 0.62 x 0.6 x 0.46 x 0.51 x 0.46 x 0.33 x
Nbr of stocks (in thousands) 202,370 202,370 206,984 211,559 216,262 219,467
Reference price 2 2.500 2.480 2.010 2.300 2.010 1.910
Announcement Date 4/30/19 5/27/20 4/28/21 4/29/22 4/28/23 4/30/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 990.9 1,358 1,371 1,500 1,259 530.3
EBITDA 1 36.42 71.13 80.85 124.5 27.24 118.1
EBIT 1 29.66 62.53 71.79 115.1 19.94 113.3
Operating Margin 2.99% 4.6% 5.24% 7.67% 1.58% 21.36%
Earnings before Tax (EBT) 1 38.73 59.6 69.41 123 33.79 113.1
Net income 1 26.25 26.13 38.81 86.96 18.91 77.88
Net margin 2.65% 1.92% 2.83% 5.8% 1.5% 14.69%
EPS 2 0.1297 0.1291 0.1901 0.4160 0.0885 0.3580
Free Cash Flow 1 20.72 -161.6 -151 -122.2 55.54 12.31
FCF margin 2.09% -11.9% -11.02% -8.14% 4.41% 2.32%
FCF Conversion (EBITDA) 56.9% - - - 203.92% 10.42%
FCF Conversion (Net income) 78.95% - - - 293.69% 15.8%
Dividend per Share 2 0.0700 0.0700 0.0700 0.0700 0.0700 0.0700
Announcement Date 4/30/19 5/27/20 4/28/21 4/29/22 4/28/23 4/30/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 131 204 186 236 255 205
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 20.7 -162 -151 -122 55.5 12.3
ROE (net income / shareholders' equity) 3.21% 3.15% 4.45% 9.35% 1.98% 6.95%
ROA (Net income/ Total Assets) 0.33% 0.68% 0.72% 1.09% 0.19% 1.04%
Assets 1 7,909 3,842 5,388 7,952 10,135 7,515
Book Value Per Share 2 4.050 4.140 4.380 4.510 4.420 5.790
Cash Flow per Share 2 0.6500 1.020 0.9200 1.120 1.200 0.9500
Capex 1 1.46 2.39 5.71 0.94 4.13 4.49
Capex / Sales 0.15% 0.18% 0.42% 0.06% 0.33% 0.85%
Announcement Date 4/30/19 5/27/20 4/28/21 4/29/22 4/28/23 4/30/24
1MYR in Million2MYR
Estimates
  1. Stock Market
  2. Equities
  3. MANULFE Stock
  4. Financials Manulife Holdings