Company Valuation: MBM Resources

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,251 1,282 1,657 2,412 2,037 1,837 - -
Change - 2.5% 29.27% 45.52% -15.56% -9.79% - -
Enterprise Value (EV) 1 1,013 1,282 1,476 2,199 1,809 1,400 1,317 1,234
Change - 26.51% 15.16% 48.96% -17.74% -22.61% -5.91% -6.33%
P/E 7.45x 4.55x 4.96x 7.24x 6.01x 5.76x 5.56x 5.43x
PBR 0.65x - 0.78x 1.08x 0.86x 0.74x 0.7x 0.66x
PEG - 0.1x 0.3x -16.3x 3.3x -0.97x 1.57x 2.23x
Capitalization / Revenue 0.82x 0.56x 0.69x 0.97x 0.8x 0.73x 0.72x 0.72x
EV / Revenue 0.66x 0.56x 0.61x 0.88x 0.71x 0.56x 0.51x 0.48x
EV / EBITDA 15.2x 10.4x 12.7x 25.2x 21.4x 17.3x 15.4x 14.4x
EV / EBIT 20.8x 12.2x 15.1x 31.8x 26.9x 22x 20.8x 19.7x
EV / FCF 2,688x - -52.7x 26.8x 178x 26.7x 36x 25.8x
FCF Yield 0.04% - -1.9% 3.73% 0.56% 3.75% 2.78% 3.87%
Dividend per Share 2 0.2 - 0.39 0.45 0.39 0.437 0.4567 0.4472
Rate of return 6.25% - 9.2% 7.29% 7.49% 9.3% 9.72% 9.51%
EPS 2 0.4296 0.7203 0.8557 0.8519 0.8674 0.8159 0.8448 0.8653
Distribution rate 46.6% - 45.6% 52.8% 45% 53.6% 54.1% 51.7%
Net sales 1 1,532 2,308 2,417 2,486 2,549 2,517 2,562 2,555
EBITDA 1 66.49 123.2 116.5 87.14 84.37 80.97 85.77 85.85
EBIT 1 48.81 104.9 97.62 69.22 67.22 63.53 63.44 62.52
Net income 1 167.9 281.6 334.5 333 339.1 322.3 330.5 338.2
Net Debt 1 -237.4 - -180.9 -212.4 -227.4 -437 -519.7 -603.1
Reference price 2 3.200 3.280 4.240 6.170 5.210 4.700 4.700 4.700
Nbr of stocks (in thousands) 3,90,888 3,90,888 3,90,888 3,90,888 3,90,888 3,90,888 - -
Announcement Date 25/02/22 20/02/23 28/02/24 27/02/25 27/02/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
5.76x0.56x17.29x9.3% 45Cr
8.37x0.09x0.89x-.--% 580.4Cr
-3.36x-0.1x-0.83x-.--% 80Cr
10.55x0.47x3.87x-.--% 8.93Cr
Average 5.33x 0.25x 5.31x 2.32% 178.48Cr
Weighted average by Cap. 6.92x 0.10x 1.76x 0.58%

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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  4. Valuation MBM Resources