Why$YTLPOWR (6742.MY)$？ Because YTLP's P/E ratio is lower th...

Because YTLP's P/E ratio is lower than last year (7.8 compared to 8.5); based on my 170 hours of experience, many companies tend to rebound around a P/E of 12, so it's quite rare for YTLP to drop below 12. The 7.8 P/E of YTLP and 9.3 of MFCB are more likely to appreciate compared to TNB's 22.75.

Moreover, the total revenue in 2023 is higher than in 2022, by 22.95%. TNB is at 4.32%, MALAKOF at -12.44%, and MFCB at -1.64%. It seems that revenue growth below 10% is considered normal in the electrical utilities industry. YTLP for this year 2024 is at 1.8%. The income statements for other stocks in 2024 have not been released yet.

In 2024 Q3-4, total revenue fluctuates within a reasonable range, with a -10.53% decrease in 2024 Q4 compared to 2023 Q4. However, this could also indicate a decline in total revenue if it reaches the lowest point between 2023 and 2024.

Revenue increased by 46.97% in 2024 compared to 2023, proving its ability to produce more electricity for sale. Even after tax deductions, YTLP's net profit increased by 67.82%.

The accounts receivable turnover rate has also increased, indicating that it will collect more revenue from its customers and rapidly increase within 30 to 60 days.

The return on equity is increasing year by year, allowing the stock price to appreciate faster. Its 5.1% ROI is higher than TNB's 2.4%, so the stock price can rise quickly.

Free cash flow has turned from negative to positive, so it will not depreciate quickly for the time being.

The quick ratio is also over one, indicating it has a lot of cash. It can be said that there is almost no chance of defaulting on debt in a year.

Its performance six months ago was -33.6%, one year +41.74%, and five years +405.66%. While TNB was -12.82% six months ago, +42.65% in one year, and +1.29% in five years. YTLP belongs to the industry average performance.

However, if YTLP continues to not push down P/B to below 2, then when it rises too high, history may repeat itself with a 30% drop. Right now P/B is 1.33, which is similar to TNB's 1.38 and MFCB's 1.21.

Overall, I think it is unlikely for the public to become the 'leeks' of YTLP.I am bullish on the stock price in the next six months 📈📈📈, especially with the increase in total revenue in 2025 Q1. But not after the six months. So, my target price assessment is 3.95. YTLP's current price of 3.26 is not low, I am not convinced yet, especially if total assets grow slower than shareholder equity.