Company Valuation: KPJ Healthcare

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,803 4,387 6,285 10,605 11,766 14,031 - -
Change - -8.66% 43.27% 68.75% 10.94% 19.26% - -
Enterprise Value (EV) 1 6,313 5,806 7,411 11,668 12,388 14,502 14,494 15,184
Change - -8.04% 27.65% 57.43% 6.17% 17.07% -0.06% 4.77%
P/E 95.7x 26.9x 23.8x 30x 32.2x 34.5x 31.3x 28.4x
PBR 2.31x 2.06x 2.72x 4.34x 4.41x 4.66x 4.37x 4.06x
PEG - 0x 0.4x 0.9x 10.45x 3.4x 3.1x 2.87x
Capitalization / Revenue 1.83x 1.48x 1.79x 2.7x 2.76x 3.07x 2.85x 2.63x
EV / Revenue 2.4x 1.96x 2.11x 2.97x 2.9x 3.18x 2.95x 2.84x
EV / EBITDA 11.9x 8.21x 9.11x 11.8x 11.8x 13.2x 12.2x 11.7x
EV / EBIT 25.2x 13.2x 13.9x 15.6x 16.8x 19.1x 17.3x 16.3x
EV / FCF 32.3x 25.7x 17.6x 25x 19.9x 26.4x 27x 28.2x
FCF Yield 3.1% 3.89% 5.67% 4.01% 5.03% 3.79% 3.71% 3.54%
Dividend per Share 2 0.0055 0.02 0.0335 0.0415 0.0423 0.0479 0.0534 0.0597
Rate of return 0.5% 1.98% 2.33% 1.71% 1.57% 1.51% 1.68% 1.88%
EPS 2 0.0116 0.0376 0.0604 0.0811 0.0836 0.092 0.1014 0.1115
Distribution rate 47.4% 53.2% 55.5% 51.2% 50.6% 52% 52.7% 53.5%
Net sales 1 2,627 2,959 3,504 3,928 4,268 4,567 4,921 5,341
EBITDA 1 529.5 706.8 813.3 987.8 1,048 1,096 1,189 1,299
EBIT 1 250.5 439.2 531.7 748.7 736.8 760.2 837.9 932.4
Net income 1 51.03 182.7 270.4 407.2 366 404.7 447.3 491.9
Net Debt 1 1,510 1,419 1,127 1,062 621.9 470.6 462.3 1,153
Reference price 2 1.110 1.010 1.440 2.430 2.690 3.170 3.170 3.170
Nbr of stocks (in thousands) 43,26,852 43,43,221 43,64,301 43,64,301 43,73,851 44,26,302 - -
Announcement Date 18/02/22 17/02/23 16/02/24 28/02/25 26/02/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
34.57x3.18x13.27x1.51% 343.94Cr
32.79x3.12x13.96x1.33% 1.84TCr
67.16x5.29x35.81x0.26% 1.33TCr
22.4x3.2x11.42x1.89% 1.22TCr
18.26x2.12x9.92x0.68% 1.12TCr
24.32x1.95x16.26x0.15% 997.13Cr
19.01x2.8x11.51x4.16% 925.5Cr
52.44x6.93x28.94x0.12% 744.69Cr
32.71x0.88x7.32x1.97% 692.45Cr
12.44x1.09x7.15x2.1% 674.57Cr
Average 31.61x 3.06x 15.56x 1.42% 987.96Cr
Weighted average by Cap. 32.48x 3.15x 16.30x 1.34%

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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