Petronas Dagangan versus Dutch Lady (A Comparative Study)
| 5.3.2012 | | 5.3.2012 |
| PetDag | | Dutch Lady |
| | | |
| | | |
| Income Statement | | | |
| 31/12/2011 | 31/12/2011 |
| RM (m) | | RM (m) |
| Revenue | 23,251.78 | | 810.65 |
| Gross Profit | 2,100.70 | | 304.47 |
| Operating Profit | 1209.173 | | 139.372 |
| Financing costs | -1.015 | | -0.919 |
| PBT | 1208.911 | | 141.553 |
| PAT | 875.927 | | 108.082 |
| | | |
| EPS (basic) sen | 87.5 | | 168.88 |
| EPS (diluted) sen | | | |
| | | |
| | | |
| | | |
| Balance Sheet | | | |
| NCA | 3957.02 | | 74.048 |
| CA | 4527.712 | | 324.465 |
| Total Assets | 8484.732 | | 398.513 |
| | | |
| Total Equity | 4830.594 | | 259.154 |
| NCL | 198.629 | | 4.051 |
| CL | 3455.509 | | 135.308 |
| Total Liabilities | 3654.138 | | 139.359 |
| Total Eq + Liab | 8484.732 | | 398.513 |
| | | |
| Net assets per share | 4.862 | | 4.05 |
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| | | |
| Cash & Eq | 1026.209 | | 193.143 |
| LT Borrowings | 16.232 | | 0 |
| ST Borrowings | 0 | | 0 |
| Net Cash | 1009.977 | | 193.143 |
| | | |
| | | |
| Inventories | 832.6 | | 93.448 |
| Trade receivables | 2668.903 | | 36.713 |
| Trade payables | 3351.073 | | 121.831 |
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| | | |
| Quick Ratio | 1.07 | | 1.71 |
| Current Ratio | 1.31 | | 2.40 |
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| Cash flow statement | | | |
| PBT | 1208.911 | | 141.553 |
| OPBCWC | | | |
| Cash from Operations | | | 188.290 |
| Net CFO | 1043.938 | | 161.940 |
| CFI | -307.041 | | -7.135 |
| CFF | -623.159 | | -47.319 |
| | | |
| | | |
| Capex | -289.167 | | -10.882 |
| FCF | 754.771 | | 151.058 |
| | | |
| Dividends paid | -633.327 | | -46.400 |
| DPS (sen) | 63.75 | | 72.5 |
| | | |
| No of ord shares (m) | | | |
| basic | 993.454 | | 64 |
| diluted | | | |
| | | |
| | | |
| Financial Ratios | | | |
| | | |
| Gross Profit Margin | 9.03% | | 37.56% |
| Net Profit Margin | 3.77% | | 13.33% |
| Asset Turnover | 2.74 | | 2.03 |
| Financial Leverage | 1.76 | | 1.54 |
| | | |
| | | |
| ROA | 10.32% | | 27.12% |
| ROC | 22.93% | | 163.73% |
| ROE | 18.13% | | 41.71% |
| | | |
| | | |
| Valuation | 5.3.2012 | | 5.3.2012 |
| | | |
| Price | 18.24 | | 29.5 |
| Market cap (m) | 18120.6 | | 1888.00 |
| | | |
| P/E | 20.69 | | 17.47 |
| P/BV | 3.75 | | 7.29 |
| P/FCF | 24.01 | | 12.50 |
| P/Div | 28.61 | | 40.69 |
| | | |
| DPO ratio | 0.72 | | 0.43 |
| | | |
| EY | 4.83% | | 5.72% |
| FCF/P | 4.17% | | 8.00% |
| DY | 3.50% | | 2.46% |
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