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 29,820 - -
Change - 36.08% 19.55% 90.52% 37.5% -0.58% - -
Enterprise Value (EV) 1 8,728 10,775 14,196 26,259 36,416 34,902 38,920 38,749
Change - 23.46% 31.75% 84.97% 38.68% -4.16% 3.89% -0.44%
P/E 12x 11.8x 6.33x 24.5x 30.2x 24.4x 21.1x 16.4x
PBR 0.77x 0.97x 1.06x 1.92x 2.5x 1.99x 2.18x 2x
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 1.27x 1.04x
EV / Revenue 2.48x 2.09x 1.71x 1.97x 2.28x 1.9x 1.66x 1.35x
EV / EBITDA 10.8x 11x 13.2x 23.7x 23.7x 18.9x 18x 14.4x
EV / EBIT 14.9x 14.6x 14.9x 27.8x 27.2x 21.2x 20.1x 16x
EV / FCF 10.6x -137x -11x -171x -382x 63x 21.3x 15.6x
FCF Yield 9.44% -0.73% -9.08% -0.58% -0.26% 1.59% 4.69% 6.42%
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% 2.12% 2.52%
EPS 2 0.117 0.1586 0.3398 0.1606 0.1715 0.1752 0.2327 0.2994
Distribution rate - 37.8% 73.6% 49.8% 117% 57.1% 44.9% 41.4%
Net sales 1 3,517 5,163 8,281 13,347 15,970 18,333 23,422 28,674
EBITDA 1 811.3 978 1,073 1,108 1,536 1,846 2,161 2,693
EBIT 1 586.1 737.1 953.9 945.2 1,337 1,644 1,939 2,418
Net income 1 588.3 806.2 1,838 912.1 1,003 1,052 1,403 1,810
Net Debt 1 1,690 1,198 2,746 4,445 6,422 9,395 9,100 8,929
Reference price 2 1.400 1.875 2.150 3.930 5.180 4.920 4.920 4.920
Nbr of stocks (in thousands) 50,27,057 51,07,862 53,25,472 55,50,607 57,90,500 60,60,969 - -
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.($)
27.56x2.16x23.22x1.93% 734.92Cr
48.31x2.37x22.88x0.07% 9.35TCr
12.06x1.03x5.68x4.83% 6.72TCr
25.68x1.96x19.84x1.15% 5.59TCr
24.28x2.96x16.44x0.27% 4.31TCr
52.83x4.13x25.9x1.78% 4.08TCr
25.86x0.64x10.58x2.41% 3.14TCr
19.94x1.38x12.33x0.23% 2.98TCr
5.36x0.34x6.7x5.25% 2.89TCr
21.6x0.4x6.43x2.82% 2.69TCr
Average 26.35x 1.74x 15.00x 2.08% 4.25TCr
Weighted average by Cap. 28.98x 1.87x 15.61x 1.89%

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