Financials New Hoong Fatt Holdings

Equities

NHFATT

MYL7060OO006

Auto, Truck & Motorcycle Parts

End-of-day quote BURSA MALAYSIA 06:00:00 2024-05-27 pm EDT 5-day change 1st Jan Change
4.5 MYR +1.35% Intraday chart for New Hoong Fatt Holdings +0.45% +36.78%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 223.2 222.4 181.9 186.8 237.3 272
Enterprise Value (EV) 1 252.5 238.8 175.2 170.3 178.1 174.1
P/E ratio 15.9 x 15 x 15.7 x 9.54 x 8.89 x 5.7 x
Yield 3.7% 3.72% 3.64% 3.98% 4.53% 4.56%
Capitalization / Revenue 0.87 x 0.81 x 0.75 x 0.77 x 0.82 x 0.97 x
EV / Revenue 0.98 x 0.86 x 0.73 x 0.7 x 0.61 x 0.62 x
EV / EBITDA 5.1 x 4.38 x 3.49 x 2.92 x 2.78 x 2.1 x
EV / FCF 76.8 x 12.5 x 6.05 x 14.3 x 3.48 x 4.58 x
FCF Yield 1.3% 7.99% 16.5% 6.98% 28.7% 21.8%
Price to Book 0.49 x 0.48 x 0.39 x 0.38 x 0.47 x 0.5 x
Nbr of stocks (in thousands) 82,672 82,672 82,672 82,672 82,672 82,672
Reference price 2 2.700 2.690 2.200 2.260 2.870 3.290
Announcement Date 4/25/19 5/28/20 4/27/21 4/26/22 4/27/23 4/30/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 257 276.1 241.6 244.2 290.4 281.2
EBITDA 1 49.51 54.5 50.25 58.32 64.12 82.85
EBIT 1 17.68 20.51 15.42 25.62 33.7 52.66
Operating Margin 6.88% 7.43% 6.38% 10.49% 11.6% 18.72%
Earnings before Tax (EBT) 1 19.32 18.76 14.5 25.1 33.2 52.64
Net income 1 14.01 14.87 11.56 19.58 26.7 47.71
Net margin 5.45% 5.39% 4.78% 8.02% 9.2% 16.96%
EPS 2 0.1694 0.1799 0.1398 0.2369 0.3230 0.5771
Free Cash Flow 1 3.289 19.08 28.95 11.88 51.19 38.02
FCF margin 1.28% 6.91% 11.98% 4.87% 17.63% 13.52%
FCF Conversion (EBITDA) 6.64% 35.01% 57.61% 20.37% 79.83% 45.89%
FCF Conversion (Net income) 23.48% 128.28% 250.51% 60.68% 191.72% 79.69%
Dividend per Share 2 0.1000 0.1000 0.0800 0.0900 0.1300 0.1500
Announcement Date 4/25/19 5/28/20 4/27/21 4/26/22 4/27/23 4/30/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 29.3 16.4 - - - -
Net Cash position 1 - - 6.69 16.5 59.2 97.9
Leverage (Debt/EBITDA) 0.5911 x 0.3003 x - - - -
Free Cash Flow 1 3.29 19.1 28.9 11.9 51.2 38
ROE (net income / shareholders' equity) 3.17% 3.23% 2.48% 4.1% 5.35% 9.01%
ROA (Net income/ Total Assets) 1.99% 2.25% 1.72% 2.75% 3.5% 5.37%
Assets 1 702.4 659.7 673.4 711.8 762.5 888.9
Book Value Per Share 2 5.520 5.610 5.640 5.920 6.160 6.640
Cash Flow per Share 2 0.2600 0.2700 0.3700 0.6600 0.7500 1.180
Capex 1 39.4 25.9 22.4 15 19.4 26.5
Capex / Sales 15.34% 9.4% 9.28% 6.14% 6.7% 9.41%
Announcement Date 4/25/19 5/28/20 4/27/21 4/26/22 4/27/23 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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