BOILERM – Fundamental Analysis (4 Feb 2015)

BOILERM Analysis:-

Excel – http://1drv.ms/1vrygYd

Notes – http://tinyurl.com/owwysp8

My View:-

  • Valuation:
    • 5Y-DCF:
      • Good Scenario: 2.58 (Fair value uncertainty: LOW)
      • Base Scenario: 2.26 (Fair value uncertainty: LOW)
      • Bad Scenario: 1.98 (Fair value uncertainty: LOW)
      • Ugly Scenario: 1.72 (Fair value uncertainty: MEDIUM)
      • If growth of FCFF in the next 5 years is 2%, BOILERM still worth 1.49.
    • Absolute EY%:
      • Trailing:
        • FY14 (EPS: 0.12) – Fair value 1.9 (Fair Value Uncertainty: LOW)
        • R4Q (EPS: 0.151) – Fair value 2.4 (Fair Value Uncertainty: LOW)
      • Forward:
        • FY15 (EPS: 0.128) – Fair value 2.03 (Fair Value Uncertainty: LOW)
        • FY16 (EPS: 0.147) – Fair value 2.33 (Fair Value Uncertainty: LOW)
      • EPS applied to reach the current stock price (1.49): 0.094
  • I am very new to this counter. I will look for its competitors, and study more.
  • BOILERM started bullish since Jan of 2013, but looking at this, it is still undervalued
  • I will place this counter in Watch List.

Latest Financial – Q2 2015 Financial Report (18 Nov 2014) http://www.bursamalaysia.com/market/listed-companies/company-announcements/1797777

At the time of writing, I did not own shares of BOILERM.

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One thought on “BOILERM – Fundamental Analysis (4 Feb 2015)

  1. Good Morning LC,
    1.) Since Boilermech has decided to expand to RE sector as part of its growth plans, can cypark resources be considered as competitor to Boilermech?

    2.) In your Microsoft folder , a brief summary of HSPlant and KMLoong was done. Both are plantation mid size plantation companies compared to KLK & IOI . However both companies have maintained as high yields and OER.Also their dividend payout has been consistent. Would you be able to analysis on HSPlant and KM Loong.

    Thank you.
    Best Regards
    Jonathan.

    Liked by 1 person

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