Forum : Stock: [MYEG]: MY E.G. SERVICES BHD

MYEG 20.4.2024

Fiscal year is January-December. All values MYR Millions. 2023
SALES/REVENUES 774.28
GROSS INCOME 524.51
NET INCOME 487.65
NOSH (DILUTED) 7,426.03
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FUNDS FROM OPERATIONS 547.23
NOCF 504.07
CAPEX -480.78
FREE CASH FLOW 23.29
DIVIDENDS 105.30
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Fiscal year is January-December. All values MYR Millions. 2023
RETAINED EARNINGS 1,334.00
TOTAL EQUITY (Book Value) 2,209.00
TOTAL ASSET 3,227.00

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Fiscal year is January-December. All values MYR Millions. 2023
GROSS PROFIT MARGIN 67.74%
NET PROFIT MARGIN 63.0%
ASSET TURNOVER 0.30
FINANCIAL LEVERAGE 1.36
ROA 19.2%
ROE 26.0%
DPO RATIO 0.22
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FISCAL YEAR ENDING 2023
PRICE 0.785
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MARKET CAP 5,829.44
NAPS 0.30
EPS 0.07
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P/B 2.64
P/E 11.95
EARNINGS YIELD 8.37%
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FCF YIELD 0.40%
DIVIDEND YIELD 1.81%

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥

12,835 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 1 week ago | Report Abuse

Very high gross profit and net profit margins. High ROE 26%. P/B 2.64 and P/E11.95. High capex for growth. FCF yield 0.4%. DPO 0.22 and DY at Price of RM 0.785 was 1.81%.

Despite growing revenues and earnings the last 5 years, its price had trended downwards.

Fiscal year is January-December. All values MYR Millions. 2023 2022 2021 2020 2019
SALES/REVENUES 774.28 651.11 703.53 511.23 461.11
GROSS INCOME 524.51 470.72 398.29 339.41 331.93
NET INCOME 487.65 398.66 315.94 268.66 242.47
NOSH (DILUTED) 7,426.03 7,401.34 7,243.49 7,075.13 7,064.55
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FUNDS FROM OPERATIONS 547.23 414.18 378.29 303.75 340.69
NOCF 504.07 303.67 121.31 294.65 153.71
CAPEX -480.78 -541.96 -285.03 -52.04 -69.87
FREE CASH FLOW 23.29 -238.29 -163.73 242.61 83.84
DIVIDENDS 105.30 45.48 79.00 86.32 66.20

FISCAL YEAR ENDING 2023 2022 2021 2020 2019
PRICE 0.785 0.87 1.07 0.94 0.57
P/B 2.64 3.44 5.03 5.82 5.69
P/E 11.95 16.15 24.53 24.76 16.61

pang72

47,802 posts

Posted by pang72 > 1 week ago | Report Abuse

Bye bye jamebond

pang72

47,802 posts

Posted by pang72 > 1 week ago | Report Abuse

Journey to $1 by Monday morning 900am

pang72

47,802 posts

Posted by pang72 > 1 week ago | Report Abuse

Please do your research no day no night 2 off days to reveal the power of myeg new project to justify target price $1 or $2

pang72

47,802 posts

Posted by pang72 > 1 week ago | Report Abuse

3iii is here in myeg..
You think Calvin meh...

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥

12,835 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 1 week ago | Report Abuse

Fiscal year is January-December. All values MYR Millions. 2023 2022 2021 2020 2019
CASH AND EQUIVALENT 84 76 89 235 76
ST DEBT & CURRENT PORTION OF LT DEBT 145 158 68 48 49
LT DEBT 737 325 98 123 137
TOTAL DEBT 882 483 166 171 186
NET CASH (DEBT) -798 -407 -77 64 -110

Rapid growth comes with some risk. Debts increased.

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥

12,835 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 1 week ago | Report Abuse

xiaoeh

2,231 posts

Posted by xiaoeh > 1 week ago | Report Abuse

hence 3iii
is MYEG a value stock?

pang72

47,802 posts

Posted by pang72 > 1 week ago | Report Abuse

Rapid growth come with debt is ok... Because need to fund for the capax..
Debt will payoff after earning turn into account..
Now is the most beautiful project launching phase with huge profit turn in time

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥

12,835 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 1 week ago | Report Abuse

However, with its high earnings of 487m and generating NOCF of 504m, its net DEBT of 798m is not a problem. It can easily be paid off over 2 years should it stop its capex!

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥

12,835 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 1 week ago | Report Abuse

Company Profile
Sector: TECHNOLOGY

Subsector: DIGITAL SERVICES

Description:

MY E.G.Services Bhd, or MYEG, provides electronic government solutions and services in Malaysia. The company is primarily engaged in the development and implementation of the Electronic Government Services project, the provision of other related services, and investment holding. Electronic Government Services include the testing, issuance, and renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems. The company also provides commercial offerings, such as insurance, credit and debit payment solutions, tracking systems, and telecommunications services.

Fiscal year is January-December. All values MYR Millions. 2023
Total Current Assets 1,157
Net Property, Plant & Equipment 368
Intangible Assets 1,226

This company leverages on digital technology. Thus, it is fixed asset light.

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥

12,835 posts

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥ > 1 week ago | Report Abuse

2 minute summary for my kids:

A digital technology company. Has been innovative and growing its revenues and earnings. Its earnings are healthy, generating a lot of cash. Due to high capex for growth, its free cash flow is slightly negative most years.

Risks: political risks (many political approved contracts), new projects not playing out as planned.

pang72

47,802 posts

Posted by pang72 > 1 week ago | Report Abuse

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥

However, with its high earnings of 487m and generating NOCF of 504m, its net DEBT of 798m is not a problem. It can easily be paid off over 2 years should it stop its capex!

28 minutes ago

YES SIR!!

pineapple

222 posts

Posted by pineapple > 1 week ago | Report Abuse

Let's make this counter talk of the town for this week.

choysun

4,254 posts

Posted by choysun > 1 week ago | Report Abuse

Apa cerita today? Why so Ong?

Musfaz83

616 posts

Posted by Musfaz83 > 1 week ago | Report Abuse

myeg-c5s untung kan