Financials Lum Chang Holdings Limited

Equities

L19

SG1E20001293

Construction & Engineering

Market Closed - Singapore S.E. 04:50:04 2024-05-10 am EDT 5-day change 1st Jan Change
0.3 SGD +1.69% Intraday chart for Lum Chang Holdings Limited +3.45% -4.76%

Valuation

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Capitalization 1 131.9 129.4 126.2 148.8 150.7 130
Enterprise Value (EV) 1 236.9 202.1 137.4 271.9 137 102.8
P/E ratio 5.31 x 5.57 x -59.8 x 50.1 x -13.9 x -4.53 x
Yield 5.22% 5.29% 3.88% 4.43% 4.38% 5.07%
Capitalization / Revenue 0.51 x 0.54 x 0.39 x 0.46 x 0.36 x 0.33 x
EV / Revenue 0.91 x 0.84 x 0.43 x 0.83 x 0.33 x 0.26 x
EV / EBITDA 9.04 x 29.6 x 9.8 x 29.2 x -32.5 x -6.52 x
EV / FCF - 18,255,904 x 4,663,242 x -5,353,105 x 2,090,636 x 1,809,795 x
FCF Yield - 0% 0% -0% 0% 0%
Price to Book 0.54 x 0.5 x 0.49 x 0.62 x 0.73 x 0.78 x
Nbr of stocks (in thousands) 382,210 380,486 376,688 376,688 376,688 376,688
Reference price 2 0.3450 0.3400 0.3350 0.3950 0.4000 0.3450
Announcement Date 9/26/18 10/10/19 10/5/20 10/7/21 10/6/22 10/5/23
1SGD in Million2SGD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net sales 1 260.7 240.3 322.7 325.6 416.8 393.4
EBITDA 1 26.21 6.82 14.02 9.315 -4.214 -15.78
EBIT 1 22.38 3.718 10.03 6.055 -10.66 -21.92
Operating Margin 8.59% 1.55% 3.11% 1.86% -2.56% -5.57%
Earnings before Tax (EBT) 1 32.48 28.68 -2.93 11.05 -11.88 -23.4
Net income 1 24.85 23.29 -2.111 2.973 -10.83 -28.66
Net margin 9.53% 9.69% -0.65% 0.91% -2.6% -7.29%
EPS 2 0.0650 0.0611 -0.005599 0.007892 -0.0287 -0.0761
Free Cash Flow - 11.07 29.46 -50.79 65.55 56.81
FCF margin - 4.61% 9.13% -15.6% 15.73% 14.44%
FCF Conversion (EBITDA) - 162.36% 210.1% - - -
FCF Conversion (Net income) - 47.55% - - - -
Dividend per Share 2 0.0180 0.0180 0.0130 0.0175 0.0175 0.0175
Announcement Date 9/26/18 10/10/19 10/5/20 10/7/21 10/6/22 10/5/23
1SGD in Million2SGD
Estimates

Balance Sheet Analysis

Fiscal Period: June 2018 2019 2020 2021 2022 2023
Net Debt 1 105 72.8 11.2 123 - -
Net Cash position 1 - - - - 13.6 27.1
Leverage (Debt/EBITDA) 4.007 x 10.67 x 0.7979 x 13.21 x - -
Free Cash Flow - 11.1 29.5 -50.8 65.6 56.8
ROE (net income / shareholders' equity) 10.8% 10.3% -2.23% 3.05% -4.87% -14.5%
ROA (Net income/ Total Assets) 2.35% 0.36% 1% 0.63% -1.24% -3.04%
Assets 1 1,058 6,410 -211.6 468.3 874 943.6
Book Value Per Share 2 0.6400 0.6800 0.6800 0.6300 0.5500 0.4400
Cash Flow per Share 2 0.2500 0.3500 0.4000 0.2700 0.2100 0.2400
Capex - 3.55 1.38 8.7 2.47 2.7
Capex / Sales - 1.48% 0.43% 2.67% 0.59% 0.69%
Announcement Date 9/26/18 10/10/19 10/5/20 10/7/21 10/6/22 10/5/23
1SGD in Million2SGD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Annual profits - Rate of surprise

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