Latest news with #RM3.82
Barnama
3 days ago
- Business
- Barnama
CIMB Records RM1.97 Bln Net Profit In 1Q FY2025
BUSINESS KUALA LUMPUR, May 30 (Bernama) -- CIMB Group Holdings Bhd's net profit rose 9.6 per cent to RM1.97 billion in the first quarter of financial year ending Dec 31, 2025 (1Q FY2025) from RM1.94 billion in the same period a year ago. Revenue for the quarter decreased to RM5.50 billion from RM5.63 billion a year ago, a Bursa Malaysia filing said today. In a separate statement, the banking group said net interest income rose marginally year-on-year (y-o-y) to RM3.82 billion. 'On a y-o-y basis, non-interest income (NOII) contracted 8.5 per cent to RM1.68 billion, affected by lower sales of non-performing loans and proprietary trading,' the bank said in the statement. 'Prudent asset-liability management also helped maintain a stable net interest margin (NIM) of 2.16 per cent in the quarter under review – unchanged from 4Q 2024, despite rate cuts in Thailand, Indonesia and Singapore,' the statement said. Group chief executive officer Novan Amirudin said its 1Q performance underscores the continued strength of CIMB's diversified ASEAN portfolio, with strong contributions across multiple income segments, particularly from its client franchise income, which has shown consistent growth since 2022. 'The emergence of a 'new world order' is shaping a more multipolar global landscape, with ASEAN poised to play a pivotal role as a regional connector in trade and capital flows,' he said. Novan added that with the execution of the group's Forward30 strategic plan, CIMB is confident in its ability to deliver both short- and long-term targets, underpinned by the strength of its franchise. 'We will remain disciplined and proactive with capital optimisation, including returning excess capital to our shareholders as we have demonstrated over the last two years.
Yahoo
20-03-2025
- Business
- Yahoo
An Intrinsic Calculation For Pentamaster Corporation Berhad (KLSE:PENTA) Suggests It's 26% Undervalued
Pentamaster Corporation Berhad's estimated fair value is RM3.82 based on 2 Stage Free Cash Flow to Equity Pentamaster Corporation Berhad is estimated to be 26% undervalued based on current share price of RM2.84 Our fair value estimate is 1.4% lower than Pentamaster Corporation Berhad's analyst price target of RM3.87 How far off is Pentamaster Corporation Berhad (KLSE:PENTA) from its intrinsic value? Using the most recent financial data, we'll take a look at whether the stock is fairly priced by taking the expected future cash flows and discounting them to today's value. This will be done using the Discounted Cash Flow (DCF) model. There's really not all that much to it, even though it might appear quite complex. We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. View our latest analysis for Pentamaster Corporation Berhad We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initial period the company may have a higher growth rate and the second stage is usually assumed to have a stable growth rate. In the first stage we need to estimate the cash flows to the business over the next ten years. Where possible we use analyst estimates, but when these aren't available we extrapolate the previous free cash flow (FCF) from the last estimate or reported value. We assume companies with shrinking free cash flow will slow their rate of shrinkage, and that companies with growing free cash flow will see their growth rate slow, over this period. We do this to reflect that growth tends to slow more in the early years than it does in later years. A DCF is all about the idea that a dollar in the future is less valuable than a dollar today, so we need to discount the sum of these future cash flows to arrive at a present value estimate: 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034 Levered FCF (MYR, Millions) RM40.9m RM106.8m RM143.9m RM166.1m RM183.1m RM198.2m RM211.8m RM224.3m RM236.0m RM247.1m Growth Rate Estimate Source Analyst x2 Analyst x4 Analyst x4 Analyst x1 Est @ 10.26% Est @ 8.26% Est @ 6.86% Est @ 5.88% Est @ 5.20% Est @ 4.72% Present Value (MYR, Millions) Discounted @ 9.6% RM37.3 RM88.9 RM109 RM115 RM116 RM114 RM112 RM108 RM104 RM99.0 ("Est" = FCF growth rate estimated by Simply Wall St)Present Value of 10-year Cash Flow (PVCF) = RM1.0b After calculating the present value of future cash flows in the initial 10-year period, we need to calculate the Terminal Value, which accounts for all future cash flows beyond the first stage. The Gordon Growth formula is used to calculate Terminal Value at a future annual growth rate equal to the 5-year average of the 10-year government bond yield of 3.6%. We discount the terminal cash flows to today's value at a cost of equity of 9.6%. Terminal Value (TV)= FCF2034 × (1 + g) ÷ (r – g) = RM247m× (1 + 3.6%) ÷ (9.6%– 3.6%) = RM4.3b Present Value of Terminal Value (PVTV)= TV / (1 + r)10= RM4.3b÷ ( 1 + 9.6%)10= RM1.7b The total value, or equity value, is then the sum of the present value of the future cash flows, which in this case is RM2.7b. The last step is to then divide the equity value by the number of shares outstanding. Compared to the current share price of RM2.8, the company appears a touch undervalued at a 26% discount to where the stock price trades currently. The assumptions in any calculation have a big impact on the valuation, so it is better to view this as a rough estimate, not precise down to the last cent. Now the most important inputs to a discounted cash flow are the discount rate, and of course, the actual cash flows. You don't have to agree with these inputs, I recommend redoing the calculations yourself and playing with them. The DCF also does not consider the possible cyclicality of an industry, or a company's future capital requirements, so it does not give a full picture of a company's potential performance. Given that we are looking at Pentamaster Corporation Berhad as potential shareholders, the cost of equity is used as the discount rate, rather than the cost of capital (or weighted average cost of capital, WACC) which accounts for debt. In this calculation we've used 9.6%, which is based on a levered beta of 1.009. Beta is a measure of a stock's volatility, compared to the market as a whole. We get our beta from the industry average beta of globally comparable companies, with an imposed limit between 0.8 and 2.0, which is a reasonable range for a stable business. We've found 21 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free. Strength Currently debt free. Weakness Earnings declined over the past year. Dividend is low compared to the top 25% of dividend payers in the Machinery market. Opportunity Annual earnings are forecast to grow faster than the Malaysian market. Trading below our estimate of fair value by more than 20%. Threat Revenue is forecast to grow slower than 20% per year. Although the valuation of a company is important, it ideally won't be the sole piece of analysis you scrutinize for a company. The DCF model is not a perfect stock valuation tool. Preferably you'd apply different cases and assumptions and see how they would impact the company's valuation. For instance, if the terminal value growth rate is adjusted slightly, it can dramatically alter the overall result. What is the reason for the share price sitting below the intrinsic value? For Pentamaster Corporation Berhad, we've compiled three pertinent factors you should explore: Financial Health: Does PENTA have a healthy balance sheet? Take a look at our free balance sheet analysis with six simple checks on key factors like leverage and risk. Future Earnings: How does PENTA's growth rate compare to its peers and the wider market? Dig deeper into the analyst consensus number for the upcoming years by interacting with our free analyst growth expectation chart. Other High Quality Alternatives: Do you like a good all-rounder? Explore our interactive list of high quality stocks to get an idea of what else is out there you may be missing! PS. Simply Wall St updates its DCF calculation for every Malaysian stock every day, so if you want to find the intrinsic value of any other stock just search here. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
02-03-2025
- Business
- Yahoo
Advancecon Holdings Berhad Full Year 2024 Earnings: RM3.82 loss per share (vs RM0.062 loss in FY 2023)
Revenue: RM383.2m (down 15% from FY 2023). Net loss: RM21.9m (loss narrowed by 36% from FY 2023). RM3.82 loss per share. All figures shown in the chart above are for the trailing 12 month (TTM) period Advancecon Holdings Berhad shares are down 4.1% from a week ago. What about risks? Every company has them, and we've spotted 3 warning signs for Advancecon Holdings Berhad (of which 2 shouldn't be ignored!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
02-03-2025
- Business
- Yahoo
Advancecon Holdings Berhad Full Year 2024 Earnings: RM3.82 loss per share (vs RM0.062 loss in FY 2023)
Revenue: RM383.2m (down 15% from FY 2023). Net loss: RM21.9m (loss narrowed by 36% from FY 2023). RM3.82 loss per share. All figures shown in the chart above are for the trailing 12 month (TTM) period Advancecon Holdings Berhad shares are down 4.1% from a week ago. What about risks? Every company has them, and we've spotted 3 warning signs for Advancecon Holdings Berhad (of which 2 shouldn't be ignored!) you should know about. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
