Company Valuation: Dialog Group

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 16,307 12,019 11,624 13,486 8,915 10,439 - -
Change - -26.3% -3.29% 16.02% -33.89% 17.09% - -
Enterprise Value (EV) 1 16,780 12,542 12,066 13,616 8,855 9,599 9,586 9,574
Change - -25.25% -3.8% 12.85% -34.96% 8.4% -3.46% -0.13%
P/E 30x 23.7x 22.8x 23.5x 29.4x 17.7x 16.5x 15.9x
PBR 3.55x 2.38x 2.09x 2.27x 1.55x 1.75x 1.58x 1.46x
PEG - -3.62x 41.04x 1.9x -0.6x 0.2x 1.5x 4.94x
Capitalization / Revenue 10.1x 5.18x 3.87x 4.28x 3.56x 3.64x 3.31x 3.27x
EV / Revenue 10.4x 5.41x 4.02x 4.32x 3.54x 3.33x 3.04x 3x
EV / EBITDA 27x 21.7x 23.3x 17.7x 19.2x 11.4x 12.3x 11.4x
EV / EBIT 42.6x 37x 46x 31.4x 67.3x 19.5x 22.8x 21.2x
EV / FCF -60.5x 30.7x 18.8x 13.6x 11.4x 13.4x 37.7x 17.1x
FCF Yield -1.65% 3.26% 5.31% 7.35% 8.8% 7.46% 2.65% 5.84%
Dividend per Share 2 0.031 0.034 0.037 0.043 0.031 0.047 0.0473 0.0507
Rate of return 1.07% 1.6% 1.8% 1.8% 1.96% 2.53% 2.56% 2.74%
EPS 2 0.0963 0.09 0.0905 0.1019 0.0538 0.1052 0.1124 0.116
Distribution rate 32.2% 37.8% 40.9% 42.2% 57.6% 44.7% 42.1% 43.7%
Net sales 1 1,610 2,319 3,002 3,152 2,502 2,885 3,153 3,195
EBITDA 1 620.6 578.1 517.1 767.7 460.9 840.3 781.5 840.7
EBIT 1 394 338.8 262.2 434.1 131.5 491.7 421.2 452.5
Net income 1 543.1 508 510.5 575 303.8 593.6 657.9 673.5
Net Debt 1 473.7 523.8 441.9 129.8 -60.1 -896.1 -852.5 -865.2
Reference price 2 2.890 2.130 2.060 2.390 1.580 1.850 1.850 1.850
Nbr of stocks (in thousands) 56,42,397 56,42,570 56,42,578 56,42,613 56,42,685 56,42,685 - -
Announcement Date 19/08/21 18/08/22 15/08/23 15/08/24 20/08/25 20/08/26 - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
20.03x2.16x9.89x2.41% 7.23TCr
19.19x2.33x13.16x1.65% 5.56TCr
14.79x2.02x8.81x5.03% 2.81TCr
22.34x2.44x12.04x0.29% 2.7TCr
13.25x1.41x7.7x2.14% 2.65TCr
32x5.35x20.88x0.89% 1.68TCr
13.17x1.21x5.17x3.74% 982Cr
26.83x0.51x4.39x3.83% 943.83Cr
21.09x0.79x6.88x2.06% 670.18Cr
Average 20.30x 2.02x 9.88x 2.45% 2.8TCr
Weighted average by Cap. 19.61x 2.21x 10.75x 2.27%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield