Company Valuation: TSH Resources

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,491 1,477 1,346 1,709 1,548 1,713 - -
Change - -0.93% -8.88% 26.98% -9.41% 10.67% - -
Enterprise Value (EV) 1 2,325 1,662 1,398 1,703 1,445 1,458 1,320 1,175
Change - -28.5% -15.92% 21.87% -15.18% 0.94% -9.52% -10.99%
P/E 8.82x 3.23x 14.2x 12.3x 8.75x 11.9x 10.9x 11.4x
PBR 0.91x 0.78x 0.66x 0.86x 0.84x 0.85x 0.81x 0.81x
PEG - 0x -0.2x 0.3x 0.2x -0.7x 1.16x -2.63x
Capitalization / Revenue 1.25x 1.13x 1.26x 1.68x 1.46x 1.63x 1.57x 1.59x
EV / Revenue 1.96x 1.27x 1.31x 1.67x 1.36x 1.38x 1.21x 1.09x
EV / EBITDA 6.38x 4.88x 4.74x 4.83x 3.58x 4.51x 4.02x 3.52x
EV / EBIT 9.19x 6.96x 7.23x 7.6x 4.92x 6.32x 5.28x 5.03x
EV / FCF 6.67x 11.5x 8.31x 9.14x 5.81x 6.22x 5.93x 5.07x
FCF Yield 15% 8.69% 12% 10.9% 17.2% 16.1% 16.9% 19.7%
Dividend per Share 2 - 0.105 0.025 0.025 0.05 0.0421 0.0434 0.0492
Rate of return - 9.81% 2.56% 2% 4.1% 3.05% 3.14% 3.57%
EPS 2 0.1225 0.3315 0.0688 0.1019 0.1395 0.1161 0.127 0.1215
Distribution rate - 31.7% 36.3% 24.5% 35.8% 36.3% 34.2% 40.5%
Net sales 1 1,189 1,308 1,067 1,020 1,062 1,053 1,088 1,080
EBITDA 1 364.1 341 294.6 352.4 403.2 323.3 328.3 333.3
EBIT 1 253 239 193.4 224.2 293.9 230.8 249.9 233.4
Net income 1 169 457.5 94.96 140.5 182.9 148.9 163.2 157.1
Net Debt 1 834.2 185.5 51.98 -5.421 -103.2 -254.8 -393.6 -538.6
Reference price 2 1.080 1.070 0.975 1.250 1.220 1.380 1.380 1.380
Nbr of stocks (in thousands) 13,80,174 13,80,174 13,80,174 13,67,007 12,68,857 12,41,415 - -
Announcement Date 24/02/22 23/02/23 22/02/24 27/02/25 25/02/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
11.88x1.38x4.51x3.05% 42Cr
31.94x1x11.05x0.83% 1.35TCr
9.67x1.12x9.36x4.37% 586.6Cr
30.46x1.89x14.43x1.3% 358.67Cr
13.12x1.44x6.81x1.91% 288.03Cr
15.1x0.87x9.29x - 207.66Cr
11.79x1.78x5.87x5.46% 151.91Cr
53.83x0.82x12.16x1.53% 152.24Cr
Average 22.22x 1.29x 9.19x 2.64% 392.43Cr
Weighted average by Cap. 24.59x 1.19x 10.33x 2.01%

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

  1. Stock Market
  2. Stocks
  3. 9059 Stock
  4. Valuation TSH Resources