Company Valuation: Ramssol Group

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 176.2 107.5 121.2 256.6 388.4 309.2 - -
Change - -38.98% 12.73% 111.7% 51.36% -20.39% - -
Enterprise Value (EV) 1 176.2 106.2 118.1 240.3 372.7 276.2 248.3 211.4
Change - -39.76% 11.24% 103.48% 55.12% -25.9% -10.1% -14.86%
P/E 25.7x 23.7x 15.2x 25.4x 21.8x 10.1x 8.27x 7.57x
PBR - 1.76x 1.41x 2.07x - - - -
PEG - -0.6x 0.4x 1.8x 0.4x 0.2x 0.4x 0.82x
Capitalization / Revenue - 3.86x 3.97x 4.16x 5x 2.68x 1.98x 1.93x
EV / Revenue - 3.81x 3.87x 3.9x 4.8x 2.4x 1.59x 1.32x
EV / EBITDA - 21.3x 11.8x 11.8x 11.1x 5.9x 4.05x 3.15x
EV / EBIT - 25.9x 14.1x 13.7x 13.8x 6.37x 4.35x 3.37x
EV / FCF - 22.3x 143x 33.4x - 16x 8.9x 5.73x
FCF Yield - 4.48% 0.7% 2.99% - 6.26% 11.2% 17.5%
Dividend per Share 2 - - - 0.0028 - 0.005 0.005 0.005
Rate of return - - - 0.39% - 0.65% 0.65% 0.65%
EPS 2 0.0307 0.0186 0.025 0.0285 0.0455 0.076 0.0925 0.101
Distribution rate - - - 9.82% - 6.58% 5.41% 4.95%
Net sales 1 - 27.83 30.55 61.65 77.62 115.3 155.8 160.4
EBITDA 1 - 4.995 10.05 20.37 33.72 46.8 61.35 67.1
EBIT 1 - 4.103 8.35 17.58 26.98 43.35 57.1 62.7
Net income 1 6.838 4.185 6.564 13.51 19.33 29.6 39.1 42.7
Net Debt 1 - -1.363 -3.118 -16.31 -15.66 -33 -60.9 -97.8
Reference price 2 0.7900 0.4400 0.3800 0.7250 0.9900 0.7650 0.7650 0.7650
Nbr of stocks (in thousands) 2,23,052 2,44,357 3,18,964 3,53,920 3,92,305 4,04,159 - -
Announcement Date 25/02/22 24/02/23 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.($)
10.07x2.4x5.9x0.65% 7.57Cr
18.5x3.38x10.65x1.95% 439.48Cr
45.43x0.18x6.32x-.--% 179.17Cr
14.49x4.4x9.64x5.57% 102.3Cr
9.83x1.02x3.3x-.--% 100.71Cr
11.66x0.83x7.89x6.41% 59Cr
12.86x0.13x9.24x - 20Cr
Average 17.55x 1.76x 7.56x 2.43% 129.74Cr
Weighted average by Cap. 21.76x 2.36x 8.62x 2.04%

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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