Financials Perdana Petroleum

Equities

PERDANA

MYL7108OO003

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
0.455 MYR +9.64% Intraday chart for Perdana Petroleum +12.35% +127.50%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 167.4 307.5 376.5 254.9 277.2 444.1
Enterprise Value (EV) 1 952.8 586.3 596.9 460.9 413.8 515.3
P/E ratio -4.09 x -13.4 x -5.31 x -0.78 x 24.6 x 9.97 x
Yield - - - - - -
Capitalization / Revenue 0.88 x 1.28 x 1.81 x 1.66 x 1.41 x 1.41 x
EV / Revenue 5.02 x 2.44 x 2.86 x 3 x 2.1 x 1.64 x
EV / EBITDA 13.9 x 7.28 x 9.51 x 24 x 6.74 x 4.37 x
EV / FCF 21.9 x 84.7 x 7.56 x 8.21 x 9.62 x 11.7 x
FCF Yield 4.57% 1.18% 13.2% 12.2% 10.4% 8.55%
Price to Book 0.36 x 0.72 x 0.47 x 0.49 x 0.48 x 0.67 x
Nbr of stocks (in thousands) 778,471 778,471 2,214,925 2,216,624 2,217,419 2,220,302
Reference price 2 0.2150 0.3950 0.1700 0.1150 0.1250 0.2000
Announcement Date 4/22/19 5/28/20 4/28/21 4/21/22 4/18/23 4/29/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 189.7 240 208.3 153.5 196.6 313.9
EBITDA 1 68.53 80.5 62.76 19.24 61.42 117.9
EBIT 1 -3.12 7.211 -11.58 -101.5 9.404 73.15
Operating Margin -1.65% 3% -5.56% -66.12% 4.78% 23.3%
Earnings before Tax (EBT) 1 -38.92 -12.38 -53.88 -329.5 13.73 65.83
Net income 1 -40.91 -23 -65.83 -328.3 11.38 44.51
Net margin -21.57% -9.59% -31.6% -213.9% 5.79% 14.18%
EPS 2 -0.0526 -0.0296 -0.0320 -0.1481 0.005077 0.0201
Free Cash Flow 1 43.55 6.922 79 56.12 43 44.04
FCF margin 22.96% 2.88% 37.92% 36.57% 21.87% 14.03%
FCF Conversion (EBITDA) 63.55% 8.6% 125.88% 291.63% 70.01% 37.34%
FCF Conversion (Net income) - - - - 377.69% 98.94%
Dividend per Share - - - - - -
Announcement Date 4/22/19 5/28/20 4/28/21 4/21/22 4/18/23 4/29/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 785 279 220 206 137 71.3
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 11.46 x 3.464 x 3.511 x 10.71 x 2.225 x 0.6041 x
Free Cash Flow 1 43.5 6.92 79 56.1 43 44
ROE (net income / shareholders' equity) -8.56% -3.38% -7.68% -48.9% 2.05% 7.11%
ROA (Net income/ Total Assets) -0.14% 0.34% -0.59% -6.41% 0.71% 5.28%
Assets 1 29,368 -6,816 11,153 5,121 1,594 842.3
Book Value Per Share 2 0.5900 0.5500 0.3600 0.2300 0.2600 0.3000
Cash Flow per Share 2 0.0500 0.0500 0.0200 0.0100 0.0200 0.0300
Capex 1 1.86 3.5 2.28 4.83 4.81 17.2
Capex / Sales 0.98% 1.46% 1.1% 3.15% 2.45% 5.49%
Announcement Date 4/22/19 5/28/20 4/28/21 4/21/22 4/18/23 4/29/24
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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