Financials Focus Point Holdings

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-05-20 pm EDT			5-day change	1st Jan Change
0.845 ^MYR	0.00%		+11.18%	+19.01%

Apr. 01	Focus Point Holdings Berhad Appoints Aaron Loke Khy-Min as Chief Financial Officer	CI
Feb. 29	Focus Point Holdings Berhad Announces Resignation of Soo Zin Chuen as Chief Financial Officer	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	81.4	211.2	209.5	285.4	328	390.4	-	-
Enterprise Value (EV) ¹	81.4	211.2	209.5	285.4	328	390.4	390.4	390.4
P/E ratio	6.86 x	13.2 x	14.9 x	7.96 x	10.9 x	10.8 x	9.86 x	9.14 x
Yield	6.75%	3.13%	3.15%	3.47%	-	4.22%	4.3%	5.5%
Capitalization / Revenue	0.43 x	1.32 x	1.23 x	1.15 x	1.26 x	1.32 x	1.23 x	1.14 x
EV / Revenue	0.43 x	1.32 x	1.23 x	1.15 x	1.26 x	1.32 x	1.23 x	1.14 x
EV / EBITDA	2.91 x	3.74 x	3.48 x	3.21 x	3.72 x	4.06 x	3.73 x	3.36 x
EV / FCF	-	-	-	-	-	15.6 x	20.5 x	15 x
FCF Yield	-	-	-	-	-	6.4%	4.87%	6.66%
Price to Book	1.09 x	2.06 x	2.77 x	2.81 x	2.78 x	2.86 x	2.28 x	2.17 x
Nbr of stocks (in thousands)	462,000	461,999	461,999	461,999	461,999	461,999	-	-
Reference price ²	0.1762	0.4571	0.4536	0.6179	0.7100	0.8450	0.8450	0.8450
Announcement Date	2/27/20	2/24/21	2/22/22	2/21/23	2/22/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	191	159.6	170.4	248.8	260.9	295.3	316.6	341.2
EBITDA ¹	28.01	56.43	60.23	88.86	88.26	96.23	104.7	116.1
EBIT ¹	19.89	20.56	24.91	51.61	44.4	55.8	61.35	63
Operating Margin	10.41%	12.88%	14.62%	20.74%	17.02%	18.9%	19.38%	18.46%
Earnings before Tax (EBT) ¹	15.2	15.62	20.7	47.86	39.89	49.5	54.4	56.55
Net income ¹	9.888	10.64	14.05	35.86	30.15	35.47	39.13	42.15
Net margin	5.18%	6.66%	8.24%	14.41%	11.56%	12.01%	12.36%	12.35%
EPS ²	0.0257	0.0346	0.0304	0.0776	0.0653	0.0783	0.0857	0.0925
Free Cash Flow ¹	-	-	-	-	-	25	19	26
FCF margin	-	-	-	-	-	8.47%	6%	7.62%
FCF Conversion (EBITDA)	-	-	-	-	-	25.98%	18.14%	22.39%
FCF Conversion (Net income)	-	-	-	-	-	70.49%	48.55%	61.68%
Dividend per Share ²	0.0119	0.0143	0.0143	0.0214	-	0.0357	0.0363	0.0465
Announcement Date	2/27/20	2/24/21	2/22/22	2/21/23	2/22/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt	-	-	-	-	-	-	-	-
Net Cash position	-	-	-	-	-	-	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	-	-	-	-	-	25	19	26
ROE (net income / shareholders' equity)	16.6%	15.6%	19.5%	40.4%	27.4%	26.5%	25.2%	24.7%
ROA (Net income/ Total Assets)	5.87%	5.34%	6.63%	14.4%	11%	11.5%	11.8%	12.3%
Assets ¹	168.4	199.4	211.9	249.6	274.1	308.4	331.6	342.7
Book Value Per Share ²	0.1600	0.2200	0.1600	0.2200	0.2600	0.3000	0.3700	0.3900
Cash Flow per Share ²	-	-	0.1200	-	0.1200	0.0400	0.0400	-
Capex ¹	3.62	5.68	1.42	8.52	7.94	11	9.5	8
Capex / Sales	1.9%	3.56%	0.83%	3.42%	3.04%	3.73%	3%	2.34%
Announcement Date	2/27/20	2/24/21	2/22/22	2/21/23	2/22/24	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

0.845 MYR

Average target price

1.053 MYR

Spread / Average Target

+24.65%

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