Financials Box-Pak (Malaysia) Bhd.

Equities

BOXPAK

MYL6297OO005

Paper Packaging

End-of-day quote BURSA MALAYSIA 06:00:00 2024-05-30 pm EDT 5-day change 1st Jan Change
0.82 MYR -3.53% Intraday chart for Box-Pak (Malaysia) Bhd. -4.09% -8.38%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 120 139.3 160.9 152.5 104.4 107.4
Enterprise Value (EV) 1 383.5 380.3 351.4 421.1 309.2 261.8
P/E ratio -8.06 x -13.3 x 13.5 x -1.18 x -17.3 x -13.2 x
Yield - - - - - -
Capitalization / Revenue 0.19 x 0.22 x 0.25 x 0.22 x 0.14 x 0.17 x
EV / Revenue 0.61 x 0.59 x 0.54 x 0.62 x 0.4 x 0.41 x
EV / EBITDA 20.1 x 12.1 x 6.54 x 23.6 x 8.84 x 7.3 x
EV / FCF -3.81 x 10.8 x 7.48 x -6.84 x 3.86 x 4.59 x
FCF Yield -26.3% 9.26% 13.4% -14.6% 25.9% 21.8%
Price to Book 0.48 x 0.59 x 0.66 x 1.22 x 0.87 x 0.98 x
Nbr of stocks (in thousands) 120,047 120,047 120,047 120,047 120,047 120,047
Reference price 2 1.000 1.160 1.340 1.270 0.8700 0.8950
Announcement Date 4/22/19 5/21/20 4/28/21 4/28/22 4/27/23 4/29/24
1MYR in Million2MYR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 627.4 647.5 650.9 678.2 765.8 644.4
EBITDA 1 19.04 31.43 53.76 17.81 34.99 35.88
EBIT 1 -2.644 6.557 26.53 -19.15 9.792 8.603
Operating Margin -0.42% 1.01% 4.08% -2.82% 1.28% 1.33%
Earnings before Tax (EBT) 1 -13.41 -8.284 15.7 -126.8 -2.889 -5.871
Net income 1 -14.88 -10.51 11.95 -128.8 -6.042 -8.118
Net margin -2.37% -1.62% 1.84% -18.99% -0.79% -1.26%
EPS 2 -0.1240 -0.0875 0.0995 -1.073 -0.0503 -0.0676
Free Cash Flow 1 -100.7 35.21 46.98 -61.54 80.09 57.06
FCF margin -16.05% 5.44% 7.22% -9.07% 10.46% 8.85%
FCF Conversion (EBITDA) - 112.04% 87.39% - 228.85% 159%
FCF Conversion (Net income) - - 393.21% - - -
Dividend per Share - - - - - -
Announcement Date 4/22/19 5/21/20 4/28/21 4/28/22 4/27/23 4/29/24
1MYR in Million2MYR
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 263 241 191 269 205 154
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 13.83 x 7.669 x 3.544 x 15.08 x 5.853 x 4.302 x
Free Cash Flow 1 -101 35.2 47 -61.5 80.1 57.1
ROE (net income / shareholders' equity) -5.78% -4.32% 4.97% -69.7% -4.92% -7.07%
ROA (Net income/ Total Assets) -0.25% 0.61% 2.64% -2.01% 1.11% 1.02%
Assets 1 5,896 -1,709 451.8 6,414 -546.8 -794.5
Book Value Per Share 2 2.080 1.970 2.030 1.040 1.000 0.9100
Cash Flow per Share 2 0.3800 0.1900 0.2500 0.1800 0.3500 0.6300
Capex 1 104 21.4 14.8 21.5 12.3 14.5
Capex / Sales 16.55% 3.31% 2.27% 3.17% 1.6% 2.24%
Announcement Date 4/22/19 5/21/20 4/28/21 4/28/22 4/27/23 4/29/24
1MYR in Million2MYR
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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