Chloe Tai Blog

Synergy House Berhad - Estimating % Rise in Q1 FY2024 YoY

ChloeTai
Publish date: Wed, 24 Apr 2024, 03:37 PM
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Step 1: Q4 2023 result: RM0.0205 EPS

Step 2: Annualized: RM0.0205 EPS x 4 quarters = RM0.0820 EPS

Step 3: Forecast 2024. Conservatively assume each quarter will only grow by 20% flat from Q4 2023 base and stay constant. RM0.0820 EPS x 1.2 : RM0.0984 EPS

Step 4: Take Industry average PE 15

Step 5: Valuation. RM0.0984 EPS x PE 15 : RM1.48


Q1 FY2025 : 1.2 X  2.05 = 2.46 sen

Percentage rise YoY for Q1 FY2024 =[ (2.64 - 0.62) / 0.62] X 100 = 297%. Great! About 3 folds!



Quarter FY2023
Net Profit (RM,000)
EPS (sen)
QoQ
YoY
Q4
10,270
2.05
27%

Q3
8,066
1.61
30%

Q2
6,193
1.24
136%

Q1
2,619
0.62
-

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