Company Valuation: Pentamaster Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 3,953 3,151 3,272 2,959 2,760 3,941 - -
Change - -20.29% 3.84% -9.57% -6.73% 42.78% - -
Enterprise Value (EV) 1 3,477 2,730 2,781 2,510 2,512 3,625 3,577 3,457
Change - -21.5% 1.88% -9.74% 0.05% 44.34% -1.33% -3.35%
P/E 54.4x 38.3x 36.7x 45.4x 44.5x 52.1x 34.8x 28.6x
PBR 6.99x 5.03x 4.68x 3.96x 3.5x 4.36x 4.15x 3.65x
PEG - 2.8x 4.47x -1.7x -8.87x 2.4x 0.7x 1.3x
Capitalization / Revenue 7.78x 5.25x 4.73x 4.75x 4.73x 5.45x 4.43x 3.77x
EV / Revenue 6.84x 4.55x 4.02x 4.03x 4.3x 5.01x 4.02x 3.31x
EV / EBITDA 26.7x 18.9x 17.5x 19.7x 20.2x 23.7x 17.7x 14.7x
EV / EBIT 28.7x 20.4x 19.7x 23.7x 26.2x 30x 20.7x 17.2x
EV / FCF 41x -310x 24.5x -152x -28.8x 30.7x 29.5x 18.2x
FCF Yield 2.44% -0.32% 4.08% -0.66% -3.47% 3.26% 3.39% 5.51%
Dividend per Share 2 0.02 0.02 0.02 - - 0.02 0.0214 0.024
Rate of return 0.36% 0.45% 0.43% - - 0.36% 0.39% 0.43%
EPS 2 0.102 0.1158 0.1253 0.0917 0.0871 0.1063 0.1591 0.1938
Distribution rate 19.6% 17.3% 16% - - 18.8% 13.5% 12.4%
Net sales 1 508.4 600.6 691.9 623 583.7 723 889.8 1,045
EBITDA 1 130.3 144.5 159.1 127.5 124.1 153.3 201.8 235
EBIT 1 121 133.8 141.4 106 95.82 120.7 172.5 201.2
Net income 1 72.67 82.42 89.13 65.21 61.97 75.75 113.5 136.8
Net Debt 1 -476.2 -421.4 -491 -448.9 -248.4 -315.5 -363.7 -483.5
Reference price 2 5.550 4.430 4.600 4.160 3.880 5.540 5.540 5.540
Nbr of stocks (in thousands) 7,12,317 7,11,317 7,11,317 7,11,317 7,11,317 7,11,317 - -
Announcement Date 24/02/22 23/02/23 22/02/24 25/02/25 25/02/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.61x5.07x18.46x0.88% 12TCr
26.23x4.8x16.82x2.29% 3.47TCr
20.58x1.76x12.67x2.28% 2.99TCr
28.67x3.84x14.52x0.12% 2.82TCr
19.06x3.24x10.37x1.6% 2.68TCr
102.54x36.09x79.07x0.41% 2.49TCr
20.9x3.03x13.08x1.12% 2.55TCr
23.49x2.87x12.36x1.61% 2.51TCr
26.07x3.26x15.94x1.74% 2.34TCr
Average 33.02x 7.11x 21.48x 1.34% 3.72TCr
Weighted average by Cap. 31.59x 6.36x 20.26x 1.24%

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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