[MSNIAGA] QoQ TTM Result on 31-Mar-2011 [#1]

Announcement Date
30-May-2011
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2011
Quarter
31-Mar-2011 [#1]
Profit Trend
QoQ- 3.03%
YoY- 54.24%
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TTM Result
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Revenue 297,618 294,946 299,105 306,829 321,856 290,495 283,138 3.37%
PBT 21,199 20,250 18,069 18,726 18,101 19,437 16,108 20.03%
Tax -5,882 -5,915 -5,260 -5,457 -5,269 -5,776 -4,778 14.82%
NP 15,317 14,335 12,809 13,269 12,832 13,661 11,330 22.19%
-
NP to SH 12,651 11,548 10,958 11,540 11,201 12,000 9,629 19.89%
-
Tax Rate 27.75% 29.21% 29.11% 29.14% 29.11% 29.72% 29.66% -
Total Cost 282,301 280,611 286,296 293,560 309,024 276,834 271,808 2.55%
-
Net Worth 183,622 177,612 183,142 180,655 179,495 174,139 180,851 1.01%
Dividend
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Div - - - - - - - -
Div Payout % - - - - - - - -
Equity
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Net Worth 183,622 177,612 183,142 180,655 179,495 174,139 180,851 1.01%
NOSH 60,402 60,412 60,443 60,419 60,436 60,465 60,485 -0.09%
Ratio Analysis
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
NP Margin 5.15% 4.86% 4.28% 4.32% 3.99% 4.70% 4.00% -
ROE 6.89% 6.50% 5.98% 6.39% 6.24% 6.89% 5.32% -
Per Share
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 492.73 488.22 494.85 507.83 532.55 480.43 468.11 3.46%
EPS 20.94 19.12 18.13 19.10 18.53 19.85 15.92 19.98%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 3.04 2.94 3.03 2.99 2.97 2.88 2.99 1.10%
Adjusted Per Share Value based on latest NOSH - 60,419
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
RPS 493.00 488.58 495.46 508.26 533.15 481.20 469.02 3.37%
EPS 20.96 19.13 18.15 19.12 18.55 19.88 15.95 19.91%
DPS 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
NAPS 3.0417 2.9421 3.0337 2.9925 2.9733 2.8846 2.9958 1.01%
Price Multiplier on Financial Quarter End Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 30/12/11 30/09/11 30/06/11 31/03/11 30/12/10 30/09/10 30/06/10 -
Price 2.02 1.82 1.97 2.02 1.95 1.85 1.86 -
P/RPS 0.41 0.37 0.40 0.40 0.37 0.39 0.40 1.65%
P/EPS 9.64 9.52 10.87 10.58 10.52 9.32 11.68 -11.98%
EY 10.37 10.50 9.20 9.46 9.50 10.73 8.56 13.60%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.66 0.62 0.65 0.68 0.66 0.64 0.62 4.24%
Price Multiplier on Announcement Date
31/12/11 30/09/11 30/06/11 31/03/11 31/12/10 30/09/10 30/06/10 CAGR
Date 23/02/12 10/11/11 11/08/11 30/05/11 23/02/11 23/11/10 10/08/10 -
Price 2.18 1.94 1.90 2.27 1.96 1.86 1.85 -
P/RPS 0.44 0.40 0.38 0.45 0.37 0.39 0.40 6.54%
P/EPS 10.41 10.15 10.48 11.89 10.58 9.37 11.62 -7.04%
EY 9.61 9.85 9.54 8.41 9.46 10.67 8.61 7.57%
DY 0.00 0.00 0.00 0.00 0.00 0.00 0.00 -
P/NAPS 0.72 0.66 0.63 0.76 0.66 0.65 0.62 10.45%

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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