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 11,455 - -
Change - -26.3% -3.29% 16.02% -33.89% 28.48% - -
Enterprise Value (EV) 1 16,780 12,542 12,066 13,616 8,855 10,946 10,892 10,771
Change - -25.25% -3.8% 12.85% -34.96% 23.61% -0.49% -1.11%
P/E 30x 23.7x 22.8x 23.5x 29.4x 20x 18x 17.8x
PBR 3.55x 2.38x 2.09x 2.27x 1.55x 1.75x 1.67x 1.57x
PEG - -3.62x 41.04x 1.9x -0.6x 0.2x 1.6x 13.01x
Capitalization / Revenue 10.1x 5.18x 3.87x 4.28x 3.56x 4.03x 3.74x 3.71x
EV / Revenue 10.4x 5.41x 4.02x 4.32x 3.54x 3.85x 3.56x 3.48x
EV / EBITDA 27x 21.7x 23.3x 17.7x 19.2x 15.7x 14.2x 13.4x
EV / EBIT 42.6x 37x 46x 31.4x 67.3x 32.2x 28.2x 25.5x
EV / FCF -60.5x 30.7x 18.8x 13.6x 11.4x 38.6x 22.7x 19.2x
FCF Yield -1.65% 3.26% 5.31% 7.35% 8.8% 2.59% 4.4% 5.21%
Dividend per Share 2 0.031 0.034 0.037 0.043 0.031 0.0431 0.0484 0.0476
Rate of return 1.07% 1.6% 1.8% 1.8% 1.96% 2.12% 2.38% 2.35%
EPS 2 0.0963 0.09 0.0905 0.1019 0.0538 0.1014 0.1126 0.1141
Distribution rate 32.2% 37.8% 40.9% 42.2% 57.6% 42.5% 43% 41.7%
Net sales 1 1,610 2,319 3,002 3,152 2,502 2,843 3,062 3,091
EBITDA 1 620.6 578.1 517.1 767.7 460.9 699.3 769 806.4
EBIT 1 394 338.8 262.2 434.1 131.5 339.8 386.6 421.9
Net income 1 543.1 508 510.5 575 303.8 578.5 639.4 656.7
Net Debt 1 473.7 523.8 441.9 129.8 -60.1 -508.6 -562.8 -684.1
Reference price 2 2.890 2.130 2.060 2.390 1.580 2.030 2.030 2.030
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 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
20.02x3.85x15.65x2.12% 279.68Cr
18.84x2.13x9.73x2.5% 7.03TCr
20.55x2x11.13x1.67% 5.55TCr
14.98x1.53x8.3x1.95% 2.94TCr
24.54x2.62x13.01x0.28% 2.87TCr
18.7x0.5x4x3.96% 932.95Cr
24.5x0.83x7.91x1.93% 700.55Cr
20.02x5.66x9.83x2.47% 650.92Cr
32.28x6.18x11.1x3.07% 647.56Cr
7.51x1.32x5.3x3.48% 610.67Cr
Average 20.19x 2.66x 9.59x 2.34% 2.22TCr
Weighted average by Cap. 19.80x 2.19x 10.01x 2.01%

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

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