Company Valuation: QL Resources

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 14,748 12,217 14,140 14,359 17,047 13,798 - -
Change - -17.16% 15.74% 1.55% 18.72% -19.06% - -
Enterprise Value (EV) 1 15,655 13,101 15,027 15,025 17,356 13,663 13,827 13,663
Change - -16.31% 14.7% -0.01% 15.51% -21.28% -1.83% -1.18%
P/E 47.3x 56.2x 40.8x 32.8x 37.4x 30x 28.6x 27x
PBR 6.38x 4.94x 5.32x 4.88x 5.4x 4.03x 3.62x 3.33x
PEG - -1.9x 0.7x 1.2x 9.21x -26.74x 9.37x 4.46x
Capitalization / Revenue 3.37x 2.33x 2.26x 2.15x 2.41x 1.92x 1.8x 1.7x
EV / Revenue 3.58x 2.5x 2.4x 2.25x 2.45x 1.94x 1.8x 1.68x
EV / EBITDA 23x 22.3x 19.2x 15.8x 17.5x 14.2x 13.8x 13x
EV / EBIT 33.1x 36x 28x 21.8x 24.4x 20.3x 19.5x 18.5x
EV / FCF 37.8x 43.1x 40x 29.4x 28.6x 38.4x 42.8x 22x
FCF Yield 2.65% 2.32% 2.5% 3.4% 3.49% 2.6% 2.34% 4.54%
Dividend per Share 2 0.0233 0.0233 0.0467 0.0433 0.05 0.05 0.0519 0.0559
Rate of return 0.58% 0.7% 1.2% 1.1% 1.07% 1.35% 1.37% 1.48%
EPS 2 0.0853 0.0595 0.095 0.1199 0.1248 0.1234 0.132 0.14
Distribution rate 27.3% 39.2% 49.1% 36.1% 40.1% 40.5% 39.3% 40%
Net sales 1 4,373 5,247 6,264 6,678 7,073 7,047 7,685 8,127
EBITDA 1 679.6 588.8 781.5 950 989.5 964.1 1,005 1,052
EBIT 1 472.7 364.4 536.4 689.6 710.8 671.7 707.4 737.9
Net income 1 311.4 217.3 346.8 437.8 455.6 450.4 475.7 508.7
Net Debt 1 906.8 883.8 887.1 666.5 308.9 157 28.56 -135
Reference price 2 4.040 3.347 3.873 3.933 4.670 3.780 3.780 3.780
Nbr of stocks (in thousands) 36,50,486 36,50,486 36,50,486 36,50,486 36,50,310 36,50,310 - -
Announcement Date 27/05/21 30/05/22 30/05/23 30/05/24 29/05/25 28/05/26 - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.51x1.91x14.46x1.34% 338.92Cr
31.95x0.96x10.44x0.87% 1.28TCr
8.62x1.15x9.34x4.95% 511.73Cr
12.34x1.35x6.38x2.03% 266.13Cr
14.05x0.74x8.8x - 167.98Cr
Average 19.30x 1.22x 9.88x 2.3% 513Cr
Weighted average by Cap. 23.77x 1.15x 10.22x 1.93%

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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