Post by account_disabled on Feb 28, 2024 8:21:01 GMT
The broker recommends buying BIZ, points out a target of 4.90-5.60 baht, a backlog of 2.3 billion baht, generating income for another 2 years, estimating that in 2021 profits will more than double. Stock guru recommends buying BIZ with a target price of 4.90-5.60 baht per share, estimating that 2021 profits will be outstanding, growing more than double. Because the income from the stocked backlog is gradually being recognized as high as 2.3 billion baht, believed to be sufficient to recognize the budget until 2022. without having to bid for additional work Meanwhile, the gross profit margin has increased to 20% and the financial position is strong, able to create an ROE higher than 15%, ready to step into a new round of growth.
Yuanta Securities (Thailand) Company Limited published an analysis Portugal Phone Number recommending "buy" shares of Business Alignment Public Company Limited or BIZ at an appropriate value of 5.60 baht per share because in 2021 it is expected that net profits will be Returned to outstanding growth of 156% from the same period last year to 185 million baht from accelerating the delivery of outstanding work in 2020, with a backlog at the end of the 3rd quarter of 2020 as high as 2,345 million baht, sufficient to support income in 2020- 2022 without having to accept new work It is also expected that the gross profit margin will accelerate to 20.8% from 19.2% in 2020 as a result of the Economy of Scale and the appreciation of the baht that helps reduce the cost of importing medical equipment. Evaluate the appropriate value in 2021 based on the average earnings per share in 2021-2022 at 0.37 baht and a PER of 15 times. Meanwhile, BIZ is a stock with a strong financial position.
In normal conditions, ROE can be created higher than 15%. According to the Radiological Oncology Association of Thailand in 2019, it was found that there were only 81 particle accelerators (Linac). Based on the number of patients approximately 150,000 people and 1 machine capable of supporting 942 patients, there must be No less than 165 particle accelerators, or more than double from the present. as well as receiving support from the government In September 2020, the Ministry of Public Health approved the provision of radiation equipment to 7 hospitals that still have shortages, worth a total of 878 million baht, to help reduce the risk of cancer patients during the COVID-19 outbreak. AIRA Securities Co., Ltd. estimates the target price for 2021 at 4.90 baht per share based on a PE of 10 times due to the forecast for the year's operating results. 2021 will return to outstanding growth, with net profits expected to be 196 million baht, growing 551% from the recognition of income from a backlog that is as high as 2,300 million baht (including the Chula Proton project) and there are still many projects waiting to be auctioned.
Yuanta Securities (Thailand) Company Limited published an analysis Portugal Phone Number recommending "buy" shares of Business Alignment Public Company Limited or BIZ at an appropriate value of 5.60 baht per share because in 2021 it is expected that net profits will be Returned to outstanding growth of 156% from the same period last year to 185 million baht from accelerating the delivery of outstanding work in 2020, with a backlog at the end of the 3rd quarter of 2020 as high as 2,345 million baht, sufficient to support income in 2020- 2022 without having to accept new work It is also expected that the gross profit margin will accelerate to 20.8% from 19.2% in 2020 as a result of the Economy of Scale and the appreciation of the baht that helps reduce the cost of importing medical equipment. Evaluate the appropriate value in 2021 based on the average earnings per share in 2021-2022 at 0.37 baht and a PER of 15 times. Meanwhile, BIZ is a stock with a strong financial position.
In normal conditions, ROE can be created higher than 15%. According to the Radiological Oncology Association of Thailand in 2019, it was found that there were only 81 particle accelerators (Linac). Based on the number of patients approximately 150,000 people and 1 machine capable of supporting 942 patients, there must be No less than 165 particle accelerators, or more than double from the present. as well as receiving support from the government In September 2020, the Ministry of Public Health approved the provision of radiation equipment to 7 hospitals that still have shortages, worth a total of 878 million baht, to help reduce the risk of cancer patients during the COVID-19 outbreak. AIRA Securities Co., Ltd. estimates the target price for 2021 at 4.90 baht per share based on a PE of 10 times due to the forecast for the year's operating results. 2021 will return to outstanding growth, with net profits expected to be 196 million baht, growing 551% from the recognition of income from a backlog that is as high as 2,300 million baht (including the Chula Proton project) and there are still many projects waiting to be auctioned.