Financials Paramount Corporation

Equities

PARAMON

MYL1724OO003

Real Estate Development & Operations

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-07-15 pm EDT			5-day change	1st Jan Change
1.12 ^MYR	-1.75%		0.00%	+20.43%

May. 29	Paramount Corporation Berhad Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
May. 13	Paramount Acquires 21.5% Stake in Eco World International for MYR171 Million	MT

Valuation

Fiscal Period: December	2019	2021	2022	2024	2025	2026
Capitalization ¹	740.2	430.3	475.8	697.5	-	-
Enterprise Value (EV) ¹	740.2	430.3	143.4	499	458.5	451.9
P/E ratio	7.39 x	15.3 x	7.95 x	10 x	7.86 x	6.98 x
Yield	-	-	7.84%	5.98%	6.61%	6.96%
Capitalization / Revenue	1.05 x	-	0.56 x	0.71 x	0.59 x	0.53 x
EV / Revenue	1.05 x	-	0.17 x	0.51 x	0.39 x	0.34 x
EV / EBITDA	-	-	0.92 x	2.89 x	2.3 x	2.09 x
EV / FCF	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-
Price to Book	-	-	0.29 x	0.42 x	0.41 x	0.4 x
Nbr of stocks (in thousands)	606,683	619,198	621,926	622,726	-	-
Reference price ²	1.220	0.6950	0.7650	1.120	1.120	1.120
Announcement Date	2/28/20	2/25/22	2/27/23	-	-	-

¹MYR in Million²MYR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2019	2021	2022	2024	2025	2026
Net sales ¹	706	-	847.5	978.2	1,177	1,320
EBITDA ¹	-	-	155.4	172.9	199.4	216
EBIT ¹	-	-	130.5	146.8	178.1	186.6
Operating Margin	-	-	15.39%	15.01%	15.13%	14.13%
Earnings before Tax (EBT) ¹	-	-	105.1	117.1	140.2	155.3
Net income ¹	-	28.54	60.2	73.75	89.55	99.55
Net margin	-	-	7.1%	7.54%	7.61%	7.54%
EPS ²	0.1650	0.0453	0.0962	0.1120	0.1425	0.1605
Free Cash Flow	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-
Dividend per Share ²	-	-	0.0600	0.0670	0.0740	0.0780
Announcement Date	2/28/20	2/25/22	2/27/23	-	-	-

¹MYR in Million²MYR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December	2022 Q2	2023 Q1
Net sales	202.4	-
EBITDA	-	-
EBIT	-	-
Operating Margin	-	-
Earnings before Tax (EBT)	-	-
Net income ¹	-	15.99
Net margin	-	-
EPS ²	0.0144	0.0185
Dividend per Share	-	-
Announcement Date	8/26/22	5/29/23

¹MYR in Million²MYR

Estimates

Balance Sheet Analysis

Fiscal Period: December	2019	2021	2022	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-
Net Cash position ¹	-	-	332	199	239	246
Leverage (Debt/EBITDA)	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-
ROE (net income / shareholders' equity)	-	-	3.59%	4.5%	5.65%	6.15%
ROA (Net income/ Total Assets)	-	-	1.98%	2.3%	2.8%	-
Assets ¹	-	-	3,036	3,207	3,198	-
Book Value Per Share ²	-	-	2.680	2.670	2.740	2.820
Cash Flow per Share	-	-	-	-	-	-
Capex ¹	-	-	121	55	55	55
Capex / Sales	-	-	14.28%	5.62%	4.67%	4.17%
Announcement Date	2/28/20	2/25/22	2/27/23	-	-	-

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

Ratings for Paramount Corporation

Trading Rating

Investor Rating

ESG Refinitiv

C+

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

1.12 MYR

Average target price

1.57 MYR

Spread / Average Target

+40.18%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Real Estate Development & Operations

	1st Jan change	Capi.
PARAMOUNT CORPORATION	+20.43%	149M
MITSUI FUDOSAN CO., LTD.	+37.42%	27.05B
DLF LIMITED	+16.16%	24.99B
SUN HUNG KAI PROPERTIES LIMITED	-14.62%	24.68B
CHINA RESOURCES LAND LIMITED	-4.82%	24.25B
MITSUBISHI ESTATE CO., LTD.	+38.96%	20.78B
EMAAR PROPERTIES	+3.79%	19.51B
CHINA OVERSEAS LAND & INVESTMENT LTD.	-2.33%	18.65B
MACROTECH DEVELOPERS LIMITED	+42.64%	17.38B
SUMITOMO REALTY & DEVELOPMENT CO., LTD.	+22.51%	14.98B

Other Real Estate Development & Operations