Company Valuation: Hartalega Holdings

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 16,575 6,493 9,386 6,451 3,919 4,225 - -
Change - -60.82% 44.56% -31.27% -39.26% 7.83% - -
Enterprise Value (EV) 1 14,435 4,918 8,026 5,535 2,774 3,167 3,080 2,983
Change - -65.93% 63.18% -31.04% -49.87% 14.14% -2.75% -3.13%
P/E 5.12x -29.8x 743x 86.7x 38.1x 27.7x 25.6x 23x
PBR 3.23x 1.4x 2.02x 1.5x 0.88x 0.95x 0.94x 0.92x
PEG - 0x -7x 0x 1x 0.6x 3.12x 2x
Capitalization / Revenue 2.1x 2.7x 5.11x 2.49x 1.84x 1.64x 1.57x 1.5x
EV / Revenue 1.83x 2.04x 4.37x 2.14x 1.3x 1.23x 1.14x 1.06x
EV / EBITDA 3.06x 14.3x 45x 27.2x 10.9x 8.92x 8.15x 7.27x
EV / EBIT 3.16x 27.2x 174x 104x 30.3x 17.3x 15.2x 13.3x
EV / FCF 5.02x -14.3x -36x -68.2x 14.1x 25.1x 14.5x 14.1x
FCF Yield 19.9% -7.02% -2.78% -1.47% 7.08% 3.98% 6.91% 7.11%
Dividend per Share 2 0.57 - - 0.1141 - 0.028 0.0317 0.0359
Rate of return 11.8% - - 6.04% - 2.26% 2.56% 2.9%
EPS 2 0.9464 -0.0638 0.0037 0.0218 0.0302 0.0447 0.0484 0.0539
Distribution rate 60.2% - - 523% - 62.8% 65.6% 66.6%
Net sales 1 7,888 2,408 1,838 2,586 2,135 2,583 2,697 2,826
EBITDA 1 4,722 344 178.2 203.9 255.4 355 378 410.2
EBIT 1 4,570 180.8 46.11 53.2 91.67 182.7 202.8 224.6
Net income 1 3,235 -218 12.72 74.54 103 166.4 178.9 194.4
Net Debt 1 -2,139 -1,575 -1,361 -916.3 -1,144 -1,059 -1,146 -1,242
Reference price 2 4.850 1.900 2.750 1.890 1.150 1.240 1.240 1.240
Nbr of stocks (in thousands) 34,17,462 34,17,462 34,13,262 34,13,262 34,07,462 34,07,462 - -
Announcement Date 10/05/22 09/05/23 21/05/24 06/05/25 05/05/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
27.3x1.2x8.73x2.3% 101.67Cr
34.11x4.04x15.18x2.52% 18TCr
23.4x4.6x16.03x1.19% 12TCr
20.08x3.49x12.5x3.02% 12TCr
31.91x3.07x12.4x2.23% 9.31TCr
17.84x0.21x12.94x0.73% 6.21TCr
31.75x7.96x20.45x1.24% 5.59TCr
38.68x3.58x12.18x2.14% 5.31TCr
38.02x9.44x26.4x-.--% 4.42TCr
40.3x3.26x12.16x0.53% 3.36TCr
Average 30.34x 4.08x 14.90x 1.59% 7.52TCr
Weighted average by Cap. 29.35x 4.14x 15.07x 1.85%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Hartalega Holdings

Historical PBR trend

Valuation ratios - PBR - Hartalega Holdings

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Hartalega Holdings

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Hartalega Holdings


Year-on-year evolution of the Yield

Valuation ratios - Yield - Hartalega Holdings
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