Company Valuation: Gamuda

Data adjusted to current consolidation scope
Fiscal Period: July 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,038 9,577 11,450 21,814 29,995 29,867 - -
Change - 36.08% 19.55% 90.52% 37.5% -0.43% - -
Enterprise Value (EV) 1 8,728 10,775 14,196 26,259 36,416 34,869 39,132 38,924
Change - 23.46% 31.75% 84.97% 38.68% -4.25% 4.33% -0.53%
P/E 12x 11.8x 6.33x 24.5x 30.2x 24.4x 21.6x 16.7x
PBR 0.77x 0.97x 1.06x 1.92x 2.5x 1.99x 2.21x 2.04x
PEG - 0.3x 0x -0.5x 4.43x 11.31x 0.7x 0.6x
Capitalization / Revenue 2x 1.86x 1.38x 1.63x 1.88x 1.39x 1.29x 1.05x
EV / Revenue 2.48x 2.09x 1.71x 1.97x 2.28x 1.9x 1.69x 1.36x
EV / EBITDA 10.8x 11x 13.2x 23.7x 23.7x 18.9x 18.3x 14.5x
EV / EBIT 14.9x 14.6x 14.9x 27.8x 27.2x 21.2x 20.3x 16.3x
EV / FCF 10.6x -137x -11x -171x -382x 62.9x 21.3x 15.6x
FCF Yield 9.44% -0.73% -9.08% -0.58% -0.26% 1.59% 4.71% 6.39%
Dividend per Share 2 - 0.06 0.25 0.08 0.2 0.1 0.1044 0.1239
Rate of return - 3.2% 11.6% 2.04% 3.86% 2.34% 2.09% 2.48%
EPS 2 0.117 0.1586 0.3398 0.1606 0.1715 0.1752 0.2315 0.2992
Distribution rate - 37.8% 73.6% 49.8% 117% 57.1% 45.1% 41.4%
Net sales 1 3,517 5,163 8,281 13,347 15,970 18,333 23,182 28,539
EBITDA 1 811.3 978 1,073 1,108 1,536 1,846 2,140 2,681
EBIT 1 586.1 737.1 953.9 945.2 1,337 1,644 1,925 2,394
Net income 1 588.3 806.2 1,838 912.1 1,003 1,052 1,392 1,806
Net Debt 1 1,690 1,198 2,746 4,445 6,422 9,395 9,265 9,057
Reference price 2 1.400 1.875 2.150 3.930 5.180 5.000 5.000 5.000
Nbr of stocks (in thousands) 50,27,057 51,07,862 53,25,472 55,50,607 57,90,500 59,73,456 - -
Announcement Date 29/09/21 29/09/22 27/09/23 26/09/24 19/09/25 29/09/26 - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.95x2.16x23.21x1.9% 729.43Cr
58.97x2.72x25.92x0.06% 10TCr
11.68x1.01x5.55x5% 6.59TCr
35.27x4.44x24.11x0.19% 6.02TCr
25.23x1.95x19.18x1.17% 5.34TCr
47.94x3.86x24.44x2.02% 3.72TCr
23.79x1.62x14.99x0.19% 3.44TCr
27.77x0.69x11.4x2.24% 3.39TCr
22.43x0.42x6.68x2.76% 2.82TCr
5.01x0.31x5.98x5.63% 2.67TCr
Average 28.60x 1.92x 16.15x 2.12% 4.5TCr
Weighted average by Cap. 32.92x 2.17x 17.41x 1.8%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Gamuda

Historical PBR trend

Valuation ratios - PBR - Gamuda

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Gamuda

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Gamuda


Year-on-year evolution of the Yield

Valuation ratios - Yield - Gamuda