Financials Syarikat Takaful Malaysia Keluarga

Equities

TAKAFUL

MYL6139OO009

Multiline Insurance & Brokers

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
3.61 MYR -1.10% Intraday chart for Syarikat Takaful Malaysia Keluarga +2.27% -2.43%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 3,132 4,713 4,019 3,092 2,880 3,023 3,023 -
Enterprise Value (EV) 1 3,132 4,713 4,019 3,092 2,880 3,098 3,023 3,023
P/E ratio 10.7 x 13 x 11.1 x 7.51 x 9.04 x 8.93 x 7.78 x 7.25 x
Yield 3.95% 3.51% 2.48% 3.24% 3.92% 3.78% 4.36% 4.75%
Capitalization / Revenue 1.61 x 2 x 1.94 x 1.38 x 1.12 x 1.05 x 1.01 x 0.97 x
EV / Revenue 1.61 x 2 x 1.94 x 1.38 x 1.12 x 1.05 x 1.01 x 0.97 x
EV / EBITDA - - - - - - - -
EV / FCF - -38,456,085 x 35,337,269 x - - - - -
FCF Yield - -0% 0% - - - - -
Price to Book 3.19 x 3.85 x 2.66 x 1.71 x 1.45 x 1.84 x 1.56 x 1.38 x
Nbr of stocks (in thousands) 824,218 826,792 830,433 835,622 837,306 837,306 837,306 -
Reference price 2 3.800 5.700 4.840 3.700 3.440 3.610 3.610 3.610
Announcement Date 1/24/19 2/25/20 2/23/21 2/24/22 2/24/23 2/26/24 - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net sales 1 1,942 2,354 2,073 2,243 2,567 2,942 2,996 3,128
EBITDA - - - - - - - -
EBIT 1 337 417.7 426.8 438.7 500 507.6 513 566
Operating Margin 17.36% 17.74% 20.59% 19.56% 19.48% 17.25% 17.12% 18.1%
Earnings before Tax (EBT) 1 337 417.7 426.8 438.7 500 507.6 529.5 572.2
Net income 1 294.9 364.8 362.4 411.4 318.5 346.9 385.2 413.7
Net margin 15.19% 15.5% 17.48% 18.34% 12.41% 11.79% 12.86% 13.23%
EPS 2 0.3566 0.4394 0.4357 0.4927 0.3807 0.4143 0.4640 0.4978
Free Cash Flow - -122.5 113.7 - - - - -
FCF margin - -5.2% 5.49% - - - - -
FCF Conversion (EBITDA) - - - - - - - -
FCF Conversion (Net income) - - 31.38% - - - - -
Dividend per Share 2 0.1500 0.2000 0.1200 0.1200 0.1350 0.1400 0.1575 0.1714
Announcement Date 1/24/19 2/25/20 2/23/21 2/24/22 2/24/23 2/26/24 - -
1MYR in Million2MYR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2022 Q4 2023 Q1
Net sales - -
EBITDA - -
EBIT - -
Operating Margin - -
Earnings before Tax (EBT) - -
Net income 1 74.86 93.44
Net margin - -
EPS 2 - 0.1115
Dividend per Share - -
Announcement Date 2/24/23 5/31/23
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - - -
Net Cash position - - - - - - - -
Leverage (Debt/EBITDA) - - - - - - - -
Free Cash Flow - -123 114 - - - - -
ROE (net income / shareholders' equity) 32.7% 33.1% 26.5% 24.8% 16.8% 22.5% 20.9% 19.4%
ROA (Net income/ Total Assets) 3.44% 3.79% 3.27% 3.36% 2.42% 2.5% 2.7% 2.65%
Assets 1 8,563 9,639 11,070 12,252 13,180 13,854 14,267 15,613
Book Value Per Share 2 1.190 1.480 1.820 2.160 2.370 2.010 2.320 2.610
Cash Flow per Share - - - - - - - -
Capex 1 82.4 9.24 165 - - 14.6 4.7 4.8
Capex / Sales 4.24% 0.39% 7.94% - - 0.5% 0.16% 0.15%
Announcement Date 1/24/19 2/25/20 2/23/21 2/24/22 2/24/23 2/26/24 - -
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
B-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
7
Last Close Price
3.61 MYR
Average target price
4.438 MYR
Spread / Average Target
+22.95%
Consensus

Annual profits - Rate of surprise

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