Financials TIME dotCom

Equities

End-of-day quote BURSA MALAYSIA Other stock markets 06:00:00 2024-05-30 pm EDT			5-day change	1st Jan Change
5.28 ^MYR	+3.53%		+2.33%	-2.22%

May. 29	TIME dotCom Berhad Reports Earnings Results for the First Quarter Ended March 31, 2024	CI
May. 16	IBPO Group Berhad and Time DotCom Berhad Partner to Strengthen Data Security in Fusion Finance	CI

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Capitalization ¹	5,399	8,013	8,398	8,999	9,973	9,762	-	-
Enterprise Value (EV) ¹	5,105	7,448	7,856	8,544	8,449	8,685	8,785	8,834
P/E ratio	17.4 x	24.2 x	21.3 x	20 x	3.88 x	21 x	19.2 x	17.9 x
Yield	1.08%	2.5%	2.86%	2.52%	13.1%	4.71%	4.68%	4.88%
Capitalization / Revenue	4.85 x	6.55 x	6.01 x	5.71 x	6.04 x	5.68 x	5.27 x	4.92 x
EV / Revenue	4.58 x	6.09 x	5.63 x	5.42 x	5.11 x	5.05 x	4.74 x	4.45 x
EV / EBITDA	10.6 x	13.1 x	11.4 x	11.3 x	14.5 x	11.7 x	10.9 x	10.2 x
EV / FCF	17.5 x	20.8 x	23.7 x	28.1 x	20.2 x	14.3 x	22.5 x	19.7 x
FCF Yield	5.72%	4.82%	4.22%	3.56%	4.94%	6.97%	4.44%	5.08%
Price to Book	1.95 x	2.63 x	2.67 x	2.88 x	2.41 x	2.62 x	2.54 x	2.42 x
Nbr of stocks (in thousands)	1,756,604	1,812,785	1,825,619	1,836,586	1,846,839	1,848,819	-	-
Reference price ²	3.073	4.420	4.600	4.900	5.400	5.280	5.280	5.280
Announcement Date	2/28/20	2/26/21	2/25/22	2/28/23	2/29/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net sales ¹	1,114	1,223	1,396	1,576	1,652	1,719	1,852	1,985
EBITDA ¹	479.8	567.1	689.2	758.1	581	740.6	803.9	866.5
EBIT ¹	330.3	415.2	526	571.3	384.1	521	578.1	621.3
Operating Margin	29.65%	33.94%	37.67%	36.26%	23.25%	30.3%	31.21%	31.31%
Earnings before Tax (EBT) ¹	328.1	423.1	532.7	577.1	454.5	634.1	691.2	738.4
Net income ¹	314	328	393.2	449.9	2,569	464.2	506.8	541.5
Net margin	28.19%	26.82%	28.16%	28.55%	155.51%	27%	27.37%	27.29%
EPS ²	0.1771	0.1824	0.2161	0.2456	1.392	0.2519	0.2756	0.2946
Free Cash Flow ¹	291.9	358.6	331.5	303.8	417.7	605.5	389.9	449
FCF margin	26.2%	29.32%	23.74%	19.28%	25.29%	35.22%	21.05%	22.62%
FCF Conversion (EBITDA)	60.83%	63.24%	48.1%	40.08%	71.89%	81.76%	48.5%	51.82%
FCF Conversion (Net income)	92.94%	109.32%	84.32%	67.53%	16.26%	130.43%	76.93%	82.91%
Dividend per Share ²	0.0332	0.1103	0.1315	0.1233	0.7065	0.2486	0.2472	0.2578
Announcement Date	2/28/20	2/26/21	2/25/22	2/28/23	2/29/24	-	-	-

¹MYR in Million²MYR

Estimates

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026
Net Debt ¹	-	-	-	-	-	-	-	-
Net Cash position ¹	293	565	542	455	1,524	1,077	977	928
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Free Cash Flow ¹	292	359	332	304	418	606	390	449
ROE (net income / shareholders' equity)	11.9%	11.3%	12.7%	14.4%	9.14%	11.4%	13%	13.8%
ROA (Net income/ Total Assets)	9.38%	8.84%	9.8%	10.8%	54.1%	8.7%	9.3%	9.8%
Assets ¹	3,349	3,711	4,011	4,155	4,752	5,336	5,450	5,526
Book Value Per Share ²	1.580	1.680	1.720	1.700	2.240	2.010	2.080	2.180
Cash Flow per Share ²	0.3400	0.3600	0.3500	0.4100	0.4200	0.3900	0.4100	0.4600
Capex ¹	318	283	300	452	350	361	363	310
Capex / Sales	28.58%	23.1%	21.52%	28.68%	21.2%	21%	19.6%	15.6%
Announcement Date	2/28/20	2/26/21	2/25/22	2/28/23	2/29/24	-	-	-

¹MYR in Million²MYR

Estimates

Trading Rating

Investor Rating

ESG Refinitiv

C+

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

5.28 MYR

Average target price

5.749 MYR

Spread / Average Target

+8.87%

	1st Jan change	Capi.
TIME DOTCOM	-2.22%	2.07B
CHINA MOBILE LIMITED	+17.59%	209B
VERIZON COMMUNICATIONS	+8.62%	173B
DEUTSCHE TELEKOM AG	+4.09%	120B
NIPPON TELEGRAPH AND TELEPHONE CORPORATION	-10.04%	82.52B
CHINA TELECOM CORPORATION LIMITED	+19.79%	71.62B
AMÉRICA MÓVIL, S.A.B. DE C.V.	-0.13%	57.05B
SAUDI TELECOM COMPANY	-8.66%	48.04B
CHARTER COMMUNICATIONS, INC.	-26.65%	41.35B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	-18.74%	38.12B