Financials Sunway Construction Group

Equities

SUNCON

MYL5263OO008

Construction & Engineering

End-of-day quote BURSA MALAYSIA 06:00:00 2024-07-15 pm EDT 5-day change 1st Jan Change
4.84 MYR -0.21% Intraday chart for Sunway Construction Group +12.56% +149.48%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 2,463 2,424 2,011 2,011 2,501 6,240 - -
Enterprise Value (EV) 1 2,056 2,525 2,150 2,011 2,845 6,825 6,738 6,475
P/E ratio 19.1 x 33.3 x 17.9 x 14.9 x 17.2 x 34.1 x 24.4 x 22.2 x
Yield 3.66% 2.13% 3.37% - 3.09% 1.45% 1.96% 2.07%
Capitalization / Revenue 1.39 x 1.56 x 1.16 x 0.93 x 0.94 x 1.96 x 1.46 x 1.43 x
EV / Revenue 1.16 x 1.63 x 1.24 x 0.93 x 1.07 x 2.14 x 1.57 x 1.48 x
EV / EBITDA 11.3 x 20.4 x 12.9 x 9.57 x 11.6 x 23.4 x 17.3 x 15.8 x
EV / FCF 11.4 x 29.9 x 10.6 x - -9.37 x 119 x 62.3 x 27.5 x
FCF Yield 8.74% 3.34% 9.46% - -10.7% 0.84% 1.61% 3.63%
Price to Book 3.95 x 3.81 x 2.88 x - 3.05 x 6.88 x 5.97 x 5.21 x
Nbr of stocks (in thousands) 1,289,359 1,289,359 1,289,359 1,289,359 1,289,359 1,289,359 - -
Reference price 2 1.910 1.880 1.560 1.560 1.940 4.840 4.840 4.840
Announcement Date 2/20/20 2/23/21 2/23/22 4/13/23 2/20/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 1,769 1,553 1,729 2,155 2,671 3,189 4,279 4,376
EBITDA 1 181.3 124 166.8 210.3 245.3 291.5 389.9 409.2
EBIT 1 141 90.52 139.4 186.5 224.3 257.9 361.7 379.7
Operating Margin 7.97% 5.83% 8.06% 8.65% 8.4% 8.09% 8.45% 8.68%
Earnings before Tax (EBT) 1 157.4 101.1 152.2 184.1 188.6 236.2 334.2 352.5
Net income 1 129.3 72.79 112.6 135.2 145.1 183.8 259.6 282.8
Net margin 7.31% 4.69% 6.51% 6.27% 5.43% 5.76% 6.07% 6.46%
EPS 2 0.1002 0.0564 0.0873 0.1048 0.1125 0.1420 0.1982 0.2179
Free Cash Flow 1 179.8 84.41 203.5 - -303.5 57.42 108.2 235.3
FCF margin 10.17% 5.44% 11.77% - -11.36% 1.8% 2.53% 5.38%
FCF Conversion (EBITDA) 99.18% 68.09% 121.98% - - 19.7% 27.76% 57.48%
FCF Conversion (Net income) 139.03% 115.97% 180.75% - - 31.24% 41.68% 83.18%
Dividend per Share 2 0.0700 0.0400 0.0525 - 0.0600 0.0704 0.0947 0.1002
Announcement Date 2/20/20 2/23/21 2/23/22 4/13/23 2/20/24 - - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q4 2023 Q2 2023 Q4 2024 Q1
Net sales 1 - - 871.5 604.8
EBITDA 1 - - 87.01 57.61
EBIT 1 64.33 - 81.79 53.09
Operating Margin - - 9.39% 8.78%
Earnings before Tax (EBT) 56.31 - - -
Net income - 33 - -
Net margin - - - -
EPS 2 - 0.0256 0.0382 0.0251
Dividend per Share - - 0.0300 -
Announcement Date 4/13/23 8/23/23 2/20/24 5/20/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 - 101 139 - 344 584 497 234
Net Cash position 1 407 - - - - - - -
Leverage (Debt/EBITDA) - 0.8135 x 0.8336 x - 1.402 x 2.003 x 1.275 x 0.5719 x
Free Cash Flow 1 180 84.4 204 - -304 57.4 108 235
ROE (net income / shareholders' equity) 21.3% 11.6% 16.9% - 18.6% 20.9% 26.5% 24.7%
ROA (Net income/ Total Assets) 7.04% 3.72% 5.97% - 5.46% 5.55% 6.84% 6.37%
Assets 1 1,837 1,954 1,885 - 2,659 3,314 3,795 4,439
Book Value Per Share 2 0.4800 0.4900 0.5400 - 0.6400 0.7000 0.8100 0.9300
Cash Flow per Share 2 0.1500 0.0700 0.1800 - -0.2200 -0.0900 -0.0100 0.2100
Capex 1 8.27 3.39 34.8 - 17.7 22.6 27 27.6
Capex / Sales 0.47% 0.22% 2.01% - 0.66% 0.71% 0.63% 0.63%
Announcement Date 2/20/20 2/23/21 2/23/22 4/13/23 2/20/24 - - -
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
BUY
Number of Analysts
12
Last Close Price
4.84 MYR
Average target price
4.276 MYR
Spread / Average Target
-11.65%
Consensus
  1. Stock Market
  2. Equities
  3. SUNCON Stock
  4. Financials Sunway Construction Group