Financials Paramount Corporation

Equities

PARAMON

MYL1724OO003

Real Estate Development & Operations

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
1.08 ^MYR	0.00%		+1.89%	+16.13%

Feb. 28	Paramount Corporation Berhad Reports Earnings Results for the Full Year Ended December 31, 2023	CI
Feb. 28	Paramount Corporation Berhad Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	CI

Valuation

Fiscal Period: December	2018	2019	2021	2022	2023	2024	2025
Capitalization ¹	873.7	740.2	430.3	475.8	672.5	672.5	-
Enterprise Value (EV) ¹	1,637	740.2	430.3	143.4	579.1	439.3	433
P/E ratio	9.56 x	7.39 x	15.3 x	7.95 x	6.99 x	8.18 x	7.2 x
Yield	4.17%	-	-	7.84%	7.53%	6.57%	6.85%
Capitalization / Revenue	0.96 x	1.05 x	-	0.56 x	0.57 x	0.58 x	0.54 x
EV / Revenue	1.8 x	1.05 x	-	0.17 x	0.57 x	0.38 x	0.35 x
EV / EBITDA	8.33 x	-	-	0.92 x	3.16 x	2.27 x	2.09 x
EV / FCF	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-
Price to Book	0.81 x	-	-	0.29 x	0.36 x	0.4 x	0.39 x
Nbr of stocks (in thousands)	599,581	606,683	619,198	621,926	622,726	622,726	-
Reference price ²	1.457	1.220	0.6950	0.7650	1.080	1.080	1.080
Announcement Date	2/28/19	2/28/20	2/25/22	2/27/23	2/28/24	-	-

¹MYR in Million²MYR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December	2018	2019	2021	2022	2023	2024	2025
Net sales ¹	907.7	706	-	847.5	1,012	1,155	1,246
EBITDA ¹	196.6	-	-	155.4	183.4	193.7	207
EBIT ¹	169.8	-	-	130.5	160	162.6	178.1
Operating Margin	18.7%	-	-	15.39%	15.81%	14.07%	14.29%
Earnings before Tax (EBT) ¹	151.3	-	-	105.1	130.2	135.2	147.6
Net income ¹	94.9	-	28.54	60.2	82.84	81.7	93.15
Net margin	10.45%	-	-	7.1%	8.18%	7.07%	7.47%
EPS ²	0.1524	0.1650	0.0453	0.0962	0.1331	0.1320	0.1500
Free Cash Flow	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-
Dividend per Share ²	0.0607	-	-	0.0600	0.0700	0.0710	0.0740
Announcement Date	2/28/19	2/28/20	2/25/22	2/27/23	2/28/24	-	-

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	2018	2019	2021	2022	2023	2024	2025
Net Debt ¹	764	-	-	-	-	-	-
Net Cash position ¹	-	-	-	332	339	233	240
Leverage (Debt/EBITDA)	3.885 x	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	9.2%	-	-	3.59%	5.03%	5.3%	5.9%
ROA (Net income/ Total Assets)	3.67%	-	-	1.98%	2.71%	2.7%	3.1%
Assets ¹	2,586	-	-	3,036	3,051	3,026	3,005
Book Value Per Share ²	1.790	-	-	2.680	2.620	2.680	2.750
Cash Flow per Share	-	-	-	-	-	-	-
Capex ¹	59.7	-	-	121	8.32	55	55
Capex / Sales	6.58%	-	-	14.28%	0.82%	4.76%	4.41%
Announcement Date	2/28/19	2/28/20	2/25/22	2/27/23	2/28/24	-	-

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

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

1.08 MYR

Average target price

1.39 MYR

Spread / Average Target

+28.70%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

Sector Other Real Estate Development & Operations

	1st Jan change	Capi.
PARAMOUNT CORPORATION	+16.13%	141M
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SUMITOMO REALTY & DEVELOPMENT CO., LTD.	+28.54%	16.23B
CK ASSET HOLDINGS LIMITED	-14.80%	14.98B

Other Real Estate Development & Operations