Financials SLP Resources

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-06-06 pm EDT			5-day change	1st Jan Change
0.985 ^MYR	0.00%		-1.50%	+9.44%

May. 06	SLP Resources' Profit, Revenue Rise in Q1; Shares Drop 6%	MT
May. 03	SLP Resources Berhad Reports Earnings Results for the First Quarter Ended March 31, 2024	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	367.7	285.3	293.2	313.8	285.3	312.2	-	-
Enterprise Value (EV) ¹	367.7	285.3	293.2	313.8	369.6	250.8	312.2	312.2
P/E ratio	17.3 x	17.5 x	16.5 x	15.3 x	26.9 x	17.4 x	15 x	14.5 x
Yield	4.74%	6.11%	5.95%	5.56%	-	5.58%	5.58%	5.33%
Capitalization / Revenue	2.2 x	1.94 x	1.74 x	1.69 x	1.76 x	1.77 x	1.62 x	1.6 x
EV / Revenue	2.2 x	1.94 x	1.74 x	1.69 x	2.28 x	1.42 x	1.62 x	1.6 x
EV / EBITDA	12 x	10.1 x	-	10.2 x	19.9 x	8.5 x	10.1 x	9.7 x
EV / FCF	-	-	-	-	-	-	-	-
FCF Yield	-	-	-	-	-	-	-	-
Price to Book	2 x	1.57 x	1.58 x	1.63 x	1.49 x	1.66 x	1.63 x	1.54 x
Nbr of stocks (in thousands)	316,960	316,960	316,960	316,960	316,960	316,960	-	-
Reference price ²	1.160	0.9000	0.9250	0.9900	0.9000	0.9850	0.9850	0.9850
Announcement Date	2/26/20	2/24/21	2/25/22	2/24/23	2/26/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	166.8	147	168.9	185.7	162.3	176.6	192.3	195.2
EBITDA ¹	30.54	28.24	-	30.69	18.6	29.5	30.9	32.2
EBIT ¹	-	-	22.57	24.3	12.26	22.93	26.9	27.4
Operating Margin	-	-	13.36%	13.08%	7.55%	12.98%	13.99%	14.04%
Earnings before Tax (EBT) ¹	25.3	22.33	23.3	25.54	14.24	23.83	27.47	28.4
Net income ¹	21.22	16.31	17.73	20.58	10.61	18.03	20.77	21.6
Net margin	12.72%	11.1%	10.49%	11.08%	6.53%	10.21%	10.8%	11.07%
EPS ²	0.0669	0.0515	0.0559	0.0649	0.0335	0.0567	0.0657	0.0680
Free Cash Flow	-	-	-	-	-	-	-	-
FCF margin	-	-	-	-	-	-	-	-
FCF Conversion (EBITDA)	-	-	-	-	-	-	-	-
FCF Conversion (Net income)	-	-	-	-	-	-	-	-
Dividend per Share ²	0.0550	0.0550	0.0550	0.0550	-	0.0550	0.0550	0.0525
Announcement Date	2/26/20	2/24/21	2/25/22	2/24/23	2/26/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	84.3	-	-	-
Net Cash position ¹	-	-	-	-	-	61.4	-	-
Leverage (Debt/EBITDA)	-	-	-	-	4.535 x	-	-	-
Free Cash Flow	-	-	-	-	-	-	-	-
ROE (net income / shareholders' equity)	11.6%	8.92%	-	10.9%	5.52%	9.33%	10.5%	10.4%
ROA (Net income/ Total Assets)	10.1%	-	-	9.23%	4.72%	8.6%	8.5%	8.8%
Assets ¹	210.4	-	-	222.9	224.6	209.7	244.3	245.5
Book Value Per Share ²	0.5800	0.5700	0.5900	0.6100	0.6000	0.5900	0.6000	0.6400
Cash Flow per Share	-	-	-	-	-	-	-	-
Capex ¹	-	-	-	1.12	0.46	3	3	3
Capex / Sales	-	-	-	0.6%	0.28%	1.7%	1.56%	1.54%
Announcement Date	2/26/20	2/24/21	2/25/22	2/24/23	2/26/24	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C-

Sell

Buy

Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

0.985 MYR

Average target price

0.95 MYR

Spread / Average Target

-3.55%

	1st Jan change	Capi.
SLP RESOURCES	+9.44%	66.51M
AMCOR PLC	+3.84%	14.46B
APTARGROUP, INC.	+17.74%	9.64B
TAIWAN HON CHUAN ENTERPRISE CO., LTD.	+33.20%	1.48B
SCIENTEX	+14.44%	1.44B
FP CORPORATION	-19.10%	1.24B
SHANGHAI ZIJIANG ENTERPRISE GROUP CO., LTD.	+18.09%	1.16B
SHENZHEN LEAGUER CO., LTD.	-33.21%	887M
HUANGSHAN NOVEL CO.,LTD	+18.68%	838M
TIME TECHNOPLAST LIMITED	+58.94%	763M