XSESEB5
Market cap1.62bUSD
Dec 20, Last price
1.42SGD
1D
-2.07%
1Q
-1.39%
Jan 2017
-25.26%
IPO
17.36%
Name
First Resources Ltd
Chart & Performance
Profile
First Resources Limited, an investment holding company, engages in the palm oil production activities in Singapore, Indonesia, Europe, China, and internationally. The company operates in two segments, Plantations and Palm Oil Mills, and Refinery and Processing. It is involved in cultivating and maintaining oil palms; harvesting and milling fresh fruit bunches into crude palm oil (CPO) and palm kernel (PK) products; and processing CPO and PK into value palm based products, such as biodiesel, palm kernel oil, and palm kernel expeller, as well as refined, bleached, and deodorized (RBD) olein, and RBD stearin. In addition, the company engages in the rubber plantation activities. It manages 212,208 hectares of oil palm plantations; and 6,321 hectares of rubber plantations. The company was founded in 1992 and is based in Singapore. First Resources Limited is a subsidiary of Eight Capital Inc.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY | FY | FY | FY | FY | FY |
---|---|---|---|---|---|---|---|---|---|---|
2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | 2019‑12 | 2018‑12 | 2017‑12 | 2016‑12 | 2015‑12 | 2014‑12 | |
Income | ||||||||||
Revenues | 980,587 -19.98% | 1,225,428 18.71% | 1,032,277 56.30% | |||||||
Cost of revenue | 715,278 | 661,749 | 811,572 | |||||||
Unusual Expense (Income) | ||||||||||
NOPBT | 265,309 | 563,679 | 220,705 | |||||||
NOPBT Margin | 27.06% | 46.00% | 21.38% | |||||||
Operating Taxes | 44,554 | 88,390 | 69,547 | |||||||
Tax Rate | 16.79% | 15.68% | 31.51% | |||||||
NOPAT | 220,755 | 475,289 | 151,158 | |||||||
Net income | 145,395 -55.29% | 325,196 101.85% | 161,108 61.64% | |||||||
Dividends | (170,975) | (86,583) | (41,482) | |||||||
Dividend yield | 7.63% | 3.71% | 1.74% | |||||||
Proceeds from repurchase of equity | (4,402) | (10,031) | 144,187 | |||||||
BB yield | 0.20% | 0.43% | -6.05% | |||||||
Debt | ||||||||||
Debt current | 111,705 | 93,314 | 114,896 | |||||||
Long-term debt | 133,959 | 207,196 | 294,516 | |||||||
Deferred revenue | ||||||||||
Other long-term liabilities | 35,137 | 22,644 | 36,746 | |||||||
Net debt | 134,690 | (210,758) | (75,726) | |||||||
Cash flow | ||||||||||
Cash from operating activities | 315,367 | 326,162 | 292,190 | |||||||
CAPEX | (351,330) | (78,387) | (51,456) | |||||||
Cash from investing activities | (351,915) | (51,976) | (1,332) | |||||||
Cash from financing activities | (286,727) | (217,455) | (100,153) | |||||||
FCF | (183,010) | 504,161 | 306,925 | |||||||
Balance | ||||||||||
Cash | 110,974 | 433,790 | 381,461 | |||||||
Long term investments | 77,478 | 103,677 | ||||||||
Excess cash | 61,945 | 449,997 | 433,524 | |||||||
Stockholders' equity | 1,410,506 | 1,595,542 | 1,339,064 | |||||||
Invested Capital | 1,612,701 | 1,267,283 | 1,281,056 | |||||||
ROIC | 15.33% | 37.30% | 11.66% | |||||||
ROCE | 15.84% | 32.64% | 12.79% | |||||||
EV | ||||||||||
Common stock shares outstanding | 1,566,965 | 1,574,952 | 1,577,824 | |||||||
Price | 1.43 -3.38% | 1.48 -1.99% | 1.51 17.97% | |||||||
Market cap | 2,240,760 -3.87% | 2,330,929 -2.17% | 2,382,514 17.68% | |||||||
EV | 2,473,829 | 2,209,420 | 2,380,743 | |||||||
EBITDA | 347,588 | 642,497 | 304,860 | |||||||
EV/EBITDA | 7.12 | 3.44 | 7.81 | |||||||
Interest | 10,569 | 10,522 | ||||||||
Interest/NOPBT | 1.88% | 4.77% |