Financials SL Innovation Capital

Equities

SLIC

MYL03008O009

IT Services & Consulting

End-of-day quote BURSA MALAYSIA 06:00:00 2023-06-27 pm EDT 5-day change 1st Jan Change
0.685 MYR +71.25% Intraday chart for SL Innovation Capital -.--% -.--%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 54.61 54.61 54.61 54.61 51.44 87
Enterprise Value (EV) 1 52.53 53.45 51.16 50.39 44.83 77.53
P/E ratio 30.9 x 27.6 x 29.9 x 33.6 x 13.7 x 20.6 x
Yield 2.33% 2.33% 1.16% - 3.7% 4.38%
Capitalization / Revenue 1.74 x 1.77 x 1.59 x 2.04 x 1.49 x 1.73 x
EV / Revenue 1.68 x 1.74 x 1.48 x 1.89 x 1.3 x 1.54 x
EV / EBITDA 19.9 x 18.8 x 18.4 x 23.6 x 8.32 x 13 x
EV / FCF 94.5 x 84.8 x 18.9 x 158 x 11.2 x 11.8 x
FCF Yield 1.06% 1.18% 5.29% 0.63% 8.89% 8.45%
Price to Book 4.71 x 4.44 x 4.05 x 3.61 x 3.03 x 5 x
Nbr of stocks (in thousands) 127,000 127,000 127,000 127,000 127,000 127,000
Reference price 2 0.4300 0.4300 0.4300 0.4300 0.4050 0.6850
Announcement Date 4/29/19 6/3/20 5/31/21 4/29/22 4/25/23 4/30/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 31.31 30.78 34.45 26.71 34.53 50.4
EBITDA 1 2.634 2.847 2.773 2.131 5.39 5.978
EBIT 1 2.348 2.592 2.525 1.893 5.162 5.748
Operating Margin 7.5% 8.42% 7.33% 7.09% 14.95% 11.4%
Earnings before Tax (EBT) 1 2.924 2.808 2.879 1.826 5.102 5.683
Net income 1 1.715 1.979 1.834 1.624 3.756 4.224
Net margin 5.48% 6.43% 5.32% 6.08% 10.88% 8.38%
EPS 2 0.0139 0.0156 0.0144 0.0128 0.0296 0.0333
Free Cash Flow 1 0.556 0.6302 2.706 0.3196 3.985 6.555
FCF margin 1.78% 2.05% 7.85% 1.2% 11.54% 13.01%
FCF Conversion (EBITDA) 21.11% 22.14% 97.57% 15% 73.93% 109.65%
FCF Conversion (Net income) 32.41% 31.84% 147.57% 19.68% 106.09% 155.18%
Dividend per Share 2 0.0100 0.0100 0.005000 - 0.0150 0.0300
Announcement Date 4/29/19 6/3/20 5/31/21 4/29/22 4/25/23 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 2.08 1.16 3.45 4.22 6.61 9.46
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 0.56 0.63 2.71 0.32 3.98 6.56
ROE (net income / shareholders' equity) 16.4% 16.6% 14.2% 11.4% 23.4% 24.6%
ROA (Net income/ Total Assets) 7.23% 7.83% 6.93% 5.29% 14.7% 13.9%
Assets 1 23.72 25.28 26.46 30.71 25.64 30.45
Book Value Per Share 2 0.0900 0.1000 0.1100 0.1200 0.1300 0.1400
Cash Flow per Share 2 0.0300 0.0300 0.0400 0.0500 0.0600 0.0900
Capex 1 0.8 0.29 0.03 0.01 0.04 0.42
Capex / Sales 2.54% 0.93% 0.08% 0.04% 0.13% 0.83%
Announcement Date 4/29/19 6/3/20 5/31/21 4/29/22 4/25/23 4/30/24
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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