[MAYBANK] QoQ TTM Result on 30-Jun-2011 [#2]

Announcement Date
22-Aug-2011
Admission Sponsor
-
Sponsor
-
Financial Year
30-Jun-2011
Quarter
30-Jun-2011 [#2]
Profit Trend
QoQ- 5.75%
YoY- 16.56%
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TTM Result
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
Revenue 26,405,682 23,660,845 22,112,066 21,039,643 20,055,958 19,514,330 18,997,029 24.52%
PBT 7,194,193 6,875,194 6,706,607 6,270,467 5,901,032 5,780,604 5,618,538 17.89%
Tax -1,893,202 -1,753,611 -1,774,299 -1,650,709 -1,559,463 -1,562,013 -1,503,201 16.60%
NP 5,300,991 5,121,583 4,932,308 4,619,758 4,341,569 4,218,591 4,115,337 18.36%
-
NP to SH 5,088,249 4,883,968 4,750,211 4,450,278 4,208,436 4,096,224 3,964,478 18.08%
-
Tax Rate 26.32% 25.51% 26.46% 26.33% 26.43% 27.02% 26.75% -
Total Cost 21,104,691 18,539,262 17,179,758 16,419,885 15,714,389 15,295,739 14,881,692 26.19%
-
Net Worth 34,012,756 32,966,670 29,916,045 31,250,468 29,884,116 28,277,939 28,308,160 13.00%
Dividend
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
Div 5,087,797 5,087,797 4,381,228 4,381,228 5,118,987 5,118,987 3,893,113 19.51%
Div Payout % 99.99% 104.17% 92.23% 98.45% 121.64% 124.97% 98.20% -
Equity
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
Net Worth 34,012,756 32,966,670 29,916,045 31,250,468 29,884,116 28,277,939 28,308,160 13.00%
NOSH 7,639,711 7,530,075 7,479,011 7,428,030 7,324,358 7,158,066 7,075,801 5.23%
Ratio Analysis
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
NP Margin 20.08% 21.65% 22.31% 21.96% 21.65% 21.62% 21.66% -
ROE 14.96% 14.81% 15.88% 14.24% 14.08% 14.49% 14.00% -
Per Share
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
RPS 345.64 314.22 295.65 283.25 273.83 272.62 268.48 18.32%
EPS 66.60 64.86 63.51 59.91 57.46 57.23 56.03 12.19%
DPS 66.60 67.57 58.58 58.98 69.89 72.00 55.00 13.59%
NAPS 4.4521 4.378 4.00 4.2071 4.0801 3.9505 4.0007 7.38%
Adjusted Per Share Value based on latest NOSH - 7,428,030
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
RPS 218.83 196.08 183.24 174.36 166.21 161.72 157.43 24.52%
EPS 42.17 40.47 39.37 36.88 34.88 33.95 32.85 18.09%
DPS 42.16 42.16 36.31 36.31 42.42 42.42 32.26 19.51%
NAPS 2.8187 2.732 2.4792 2.5898 2.4765 2.3434 2.3459 13.00%
Price Multiplier on Financial Quarter End Date
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
Date 30/03/12 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 -
Price 8.87 8.58 8.00 8.94 8.96 8.50 8.80 -
P/RPS 2.57 2.73 2.71 3.16 3.27 3.12 3.28 -14.99%
P/EPS 13.32 13.23 12.60 14.92 15.59 14.85 15.71 -10.40%
EY 7.51 7.56 7.94 6.70 6.41 6.73 6.37 11.58%
DY 7.51 7.87 7.32 6.60 7.80 8.47 6.25 13.01%
P/NAPS 1.99 1.96 2.00 2.12 2.20 2.15 2.20 -6.46%
Price Multiplier on Announcement Date
31/03/12 31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 CAGR
Date 24/05/12 23/02/12 14/11/11 22/08/11 12/05/11 21/02/11 12/11/10 -
Price 8.50 8.70 8.25 8.64 8.74 8.86 9.20 -
P/RPS 2.46 2.77 2.79 3.05 3.19 3.25 3.43 -19.86%
P/EPS 12.76 13.41 12.99 14.42 15.21 15.48 16.42 -15.46%
EY 7.84 7.46 7.70 6.93 6.57 6.46 6.09 18.32%
DY 7.83 7.77 7.10 6.83 8.00 8.13 5.98 19.66%
P/NAPS 1.91 1.99 2.06 2.05 2.14 2.24 2.30 -11.64%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

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