Company Valuation: Silver Ridge Holdings Bhd.

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 59.6 50.06 28.44 128.1 96.83 52.96
Change - -16% -43.2% 350.55% -24.43% -45.31%
Enterprise Value (EV) 1 55.82 48.94 30.18 128.4 99.94 6.569
Change - -12.32% -38.33% 325.49% -22.18% -93.43%
P/E -19.1x -16.9x -12.6x -30.3x -870x 19.4x
PBR 6.71x 5.57x 2.37x 14.9x 4.69x 1.15x
PEG - 1.2x 0.4x -0.4x 8.9x -0x
Capitalization / Revenue 6.54x 5.02x 2.59x 11x 3.46x 1.35x
EV / Revenue 6.13x 4.91x 2.75x 11x 3.57x 0.17x
EV / EBITDA -20.9x -19.8x -14.5x -22.1x 76.5x 4.1x
EV / EBIT -19.6x -18.9x -13.7x -21.3x 103x 7.63x
EV / FCF -328x 84.4x -4.08x 102x -17.5x 0.52x
FCF Yield -0.3% 1.18% -24.5% 0.98% -5.71% 194%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0204 -0.0175 -0.0115 -0.0208 -0.0005 0.0093
Distribution rate - - - - - -
Net sales 1 9.11 9.976 10.98 11.65 27.97 39.29
EBITDA 1 -2.665 -2.477 -2.088 -5.808 1.307 1.603
EBIT 1 -2.841 -2.588 -2.205 -6.04 0.9725 0.8612
Net income 1 -2.919 -2.791 -2.1 -4.126 -0.1015 2.742
Net Debt 1 -3.78 -1.124 1.745 0.2986 3.111 -46.39
Reference price 2 0.3900 0.2950 0.1450 0.6300 0.4350 0.1800
Nbr of stocks (in thousands) 1,52,819 1,69,707 1,96,122 2,03,376 2,22,601 2,94,221
Announcement Date 30/10/20 29/10/21 31/10/22 31/10/23 30/10/24 31/10/25
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.58Cr
11.3x1.32x4.18x6.99% 22TCr
10.88x2.57x6.79x5.71% 21TCr
13.71x2.2x5.66x4% 16TCr
13.31x1.82x7.83x3.18% 8.6TCr
12.8x0.92x3.46x6.05% 8.2TCr
11.86x1.81x4.56x2.76% 7.06TCr
15.7x2.74x8.57x4.94% 5.94TCr
24.27x5.46x19.93x4.43% 5.79TCr
15.76x2.78x6.22x4.4% 5.1TCr
Average 14.40x 2.40x 7.47x 4.72% 9.94TCr
Weighted average by Cap. 13.18x 2.17x 6.52x 5.14%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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