Company Valuation: MISC

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 31,469 33,478 32,541 33,924 34,817 34,728 - -
Change - 6.38% -2.8% 4.25% 2.63% -0.26% - -
Enterprise Value (EV) 1 40,546 44,206 42,354 42,742 41,601 40,948 40,267 40,967
Change - 9.03% -4.19% 0.92% -2.67% -1.57% -1.66% 1.74%
P/E 17.2x 18.4x 15.3x 28.5x 20.5x 12.2x 12.5x 12x
PBR 0.92x 0.89x 0.83x 0.9x 1.02x 0.94x 0.93x 0.89x
PEG - -37.72x 0.9x -0.6x 0.5x 0.2x -5.49x 3.04x
Capitalization / Revenue 2.95x 2.41x 2.28x 2.56x 3.12x 2.6x 2.59x 2.6x
EV / Revenue 3.8x 3.19x 2.97x 3.23x 3.73x 3.06x 3x 3.06x
EV / EBITDA 10.4x 8.61x 8.41x 8.99x 8.65x 7.82x 7.42x 7.44x
EV / EBIT 20.8x 14.3x 14.7x 16.5x 15x 12.8x 12.6x 12.5x
EV / FCF -46.8x 63.2x 13.3x 17.3x 11.3x 15.8x 16.3x 15.9x
FCF Yield -2.14% 1.58% 7.49% 5.76% 8.87% 6.32% 6.14% 6.28%
Dividend per Share 2 0.33 0.33 0.36 0.36 0.38 0.3872 0.3842 0.3889
Rate of return 4.68% 4.4% 4.94% 4.74% 4.87% 4.98% 4.94% 5%
EPS 2 0.41 0.408 0.476 0.267 0.381 0.6393 0.6247 0.6494
Distribution rate 80.5% 80.9% 75.6% 135% 99.7% 60.6% 61.5% 59.9%
Net sales 1 10,672 13,867 14,272 13,238 11,146 13,378 13,404 13,377
EBITDA 1 3,898 5,132 5,038 4,752 4,809 5,236 5,427 5,503
EBIT 1 1,948 3,102 2,881 2,594 2,776 3,191 3,187 3,274
Net income 1 1,831 1,823 2,124 1,194 1,700 2,778 2,741 2,833
Net Debt 1 9,077 10,728 9,813 8,818 6,784 6,220 5,539 6,239
Reference price 2 7.050 7.500 7.290 7.600 7.800 7.780 7.780 7.780
Nbr of stocks (in thousands) 44,63,746 44,63,746 44,63,746 44,63,746 44,63,746 44,63,746 - -
Announcement Date 17/02/22 15/02/23 27/02/24 21/02/25 24/02/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
12.15x3.06x7.81x4.98% 858.01Cr
25.87x9.72x16.73x0.55% 4.16TCr
8.73x3.32x7.83x3.67% 1.91TCr
9.11x6.13x10.71x5.23% 869.03Cr
7.48x - - 5.69% 841.9Cr
33.59x9.76x17.47x1.47% 682.66Cr
18.89x7.54x12.02x3.94% 584.04Cr
Average 16.54x 6.59x 12.10x 3.65% 1.42TCr
Weighted average by Cap. 18.46x 7.25x 13.18x 2.65%

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