Financials Boilermech Holdings

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-05-30 pm EDT			5-day change	1st Jan Change
1.3 ^MYR	-4.41%		+1.56%	+43.65%

May. 28	BM GreenTech Berhad Reports Earnings Results for the Full Year Ended March 31, 2024	CI
May. 28	BM GreenTech Berhad Reports Earnings Results for the Fourth Quarter Ended March 31, 2024	CI

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	286.4	232.2	717.2	490.2	361.2	670.8	-	-
Enterprise Value (EV) ¹	286.4	232.2	717.2	490.2	361.2	670.8	670.8	670.8
P/E ratio	10.8 x	9.98 x	32 x	28.9 x	25.6 x	21.7 x	16.3 x	16.3 x
Yield	3.6%	3.89%	1.26%	1.84%	2.5%	1.46%	1.46%	1.46%
Capitalization / Revenue	1.22 x	1.01 x	3.02 x	1.54 x	0.96 x	1.58 x	1.42 x	1.32 x
EV / Revenue	1.22 x	1.01 x	3.02 x	1.54 x	0.96 x	1.58 x	1.42 x	1.32 x
EV / EBITDA	6.91 x	6.3 x	18.3 x	-	13.7 x	14.9 x	11.2 x	10.6 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	1.4 x	1.09 x	3.16 x	-	1.52 x	2.6 x	2.24 x	2.13 x
Nbr of stocks (in thousands)	516,000	516,000	516,000	516,000	516,000	516,000	-	-
Reference price ²	0.5550	0.4500	1.390	0.9500	0.7000	1.300	1.300	1.300
Announcement Date	5/28/19	6/25/20	5/25/21	5/24/22	5/25/23	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	234.8	230.1	237.3	317.8	377.7	423.9	471.8	507
EBITDA ¹	41.42	36.87	39.15	-	26.34	45	60	63
EBIT ¹	37.04	32.83	34.08	25.94	21.06	39.2	48.65	57.15
Operating Margin	15.77%	14.26%	14.36%	8.16%	5.58%	9.25%	10.31%	11.27%
Earnings before Tax (EBT) ¹	36.62	32.43	33.74	25.71	20.87	40	56	59
Net income ¹	26.58	23.26	22.46	16.98	14.08	30	41	43
Net margin	11.32%	10.1%	9.46%	5.34%	3.73%	7.08%	8.69%	8.48%
EPS ²	0.0515	0.0451	0.0435	0.0329	0.0273	0.0600	0.0800	0.0800
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0200	0.0175	0.0175	0.0175	0.0175	0.0190	0.0190	0.0190
Announcement Date	5/28/19	6/25/20	5/25/21	5/24/22	5/25/23	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: March	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	13.5%	11.2%	10.2%	7.19%	5.94%	12.2%	14%	14%
ROA (Net income/ Total Assets)	8.46%	7.37%	6.68%	4.8%	-	-	-	-
Assets ¹	314.1	315.7	336.3	353.8	-	-	-	-
Book Value Per Share ²	0.4000	0.4100	0.4400	-	0.4600	0.5000	0.5800	0.6100
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	0.54	23.4	5.98	-	1.23	1.9	1.8	1.8
Capex / Sales	0.23%	10.18%	2.52%	-	0.32%	0.45%	0.38%	0.36%
Announcement Date	5/28/19	6/25/20	5/25/21	5/24/22	5/25/23	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

1.3 MYR

Average target price

1.36 MYR

Spread / Average Target

+4.62%

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