Financials Kim Loong Resources

Equities

KMLOONG

MYL5027OO007

Fishing & Farming

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-05-02 pm EDT			5-day change	1st Jan Change
2.22 ^MYR	+0.91%		-1.77%	+9.90%

Apr. 17	Kim Loong Resources Berhad Reports Production Results for the Month of March 2024	CI
Mar. 27	Kim Loong Resources to Pay Interim Dividend	MT

Valuation

Fiscal Period: January	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	1,167	1,176	1,270	1,641	1,731	2,165	-	-
Enterprise Value (EV) ¹	1,167	1,176	1,270	1,641	1,390	1,618	2,435	2,497
P/E ratio	22.4 x	28.8 x	13.4 x	11.8 x	10.7 x	13.4 x	14.5 x	13.8 x
Yield	4.8%	2.38%	7.35%	8.24%	8.38%	6.37%	5.86%	6.31%
Capitalization / Revenue	1.34 x	1.73 x	-	-	0.91 x	1.3 x	1.28 x	1.25 x
EV / Revenue	1.34 x	1.73 x	-	-	0.73 x	1.06 x	1.44 x	1.45 x
EV / EBITDA	9.45 x	12.4 x	-	-	4.71 x	5.79 x	10.2 x	10.2 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	-	-	-	-	2.08 x	2.29 x	2.41 x	2.39 x
Nbr of stocks (in thousands)	933,607	933,607	933,610	965,415	967,016	975,078	-	-
Reference price ²	1.250	1.260	1.360	1.700	1.790	2.220	2.220	2.220
Announcement Date	3/26/19	3/27/20	4/16/21	3/29/22	3/29/23	3/26/24	-	-

¹MYR in Million²MYR

Estimates

Income Statement Evolution (Annual data)

Fiscal Period: January	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	872.9	679.6	-	-	1,908	1,526	1,686	1,726
EBITDA ¹	123.5	94.68	-	-	295.1	279.2	238.6	244.4
EBIT ¹	77.11	44.07	-	-	255.2	217.5	225.7	235.4
Operating Margin	8.83%	6.49%	-	-	13.38%	14.25%	13.39%	13.64%
Earnings before Tax (EBT) ¹	88.23	59.9	-	-	252.8	232.4	237.6	247.7
Net income ¹	52.12	40.75	-	137.2	162.6	147.7	150.1	154.2
Net margin	5.97%	6%	-	-	8.52%	9.68%	8.9%	8.93%
EPS ²	0.0558	0.0437	0.1015	0.1446	0.1678	0.1523	0.1530	0.1605
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0600	0.0300	0.1000	0.1400	0.1500	0.1300	0.1300	0.1400
Announcement Date	3/26/19	3/27/20	4/16/21	3/29/22	3/29/23	3/26/24	-	-

¹MYR in Million²MYR

Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: January	2020 S1	2020 S2	2024 Q3
Net sales	323.3	-	-
EBITDA	-	-	-
EBIT	-	-	-
Operating Margin	-	-	-
Earnings before Tax (EBT)	-	-	-
Net income ¹	-	-	47.97
Net margin	-	-	-
EPS ²	-	-	0.0494
Dividend per Share	0.0300	0.0300	-
Announcement Date	9/27/19	3/27/20	12/28/23

¹MYR in Million²MYR

Estimates

Balance Sheet Analysis

Fiscal Period: January	2019	2020	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	271	332
Net Cash position ¹	-	-	-	341	367	-	-
Leverage (Debt/EBITDA)	-	-	-	-	-	1.135 x	1.358 x
Free Cash Flow	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	7.07%	5.6%	-	19.8%	17.4%	15.6%	14.9%
ROA (Net income/ Total Assets)	5.16%	4.16%	-	12.9%	11.7%	18.2%	19.1%
Assets ¹	1,010	979.3	-	1,264	1,260	824.5	807.2
Book Value Per Share ²	-	-	-	0.8600	0.8900	0.9200	0.9300
Cash Flow per Share ²	-	-	-	0.2200	0.2400	0.2000	-
Capex ¹	29.5	69.3	-	63.1	42.6	51.8	53.2
Capex / Sales	3.38%	10.2%	-	3.31%	2.79%	3.07%	3.08%
Announcement Date	3/26/19	3/27/20	3/29/22	3/29/23	3/26/24	-	-

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

Ratings for Kim Loong Resources

Trading Rating

Investor Rating

ESG Refinitiv

More Ratings

Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

2.22 MYR

Average target price

2.35 MYR

Spread / Average Target

+5.86%

Consensus

EPS Revisions

Estimates Revisions

Annual profits - Rate of surprise

Company calendar

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