Company Valuation: Acma Ltd.

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 3.095 1.696 1.526 1.229 1.908 2.755
Change - -45.21% -10% -19.44% 55.17% 44.44%
Enterprise Value (EV) 1 20.04 12.56 12.51 7.156 1.082 1.819
Change - -37.32% -0.41% -42.8% -84.89% 68.22%
P/E -0.59x -0.54x -2.12x -1.34x 2.96x -2.01x
PBR 0.31x 0.24x 0.3x 0.59x 1x 5.08x
PEG - 0x 0x -0x -0x 0x
Capitalization / Revenue 0.05x 0.03x 0.03x 0.11x 0.2x 0.35x
EV / Revenue 0.34x 0.25x 0.24x 0.64x 0.11x 0.23x
EV / EBITDA -6.58x -34.9x 51.7x -2.98x -1.12x -1.27x
EV / EBIT -4.39x -3.4x -31.4x -2.62x -1.05x -1.21x
EV / FCF 7.66x 2.27x 6.58x -2.63x 0.19x 2.66x
FCF Yield 13.1% 44.1% 15.2% -38% 532% 37.6%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.1245 -0.0738 -0.017 -0.0217 0.0152 -0.0323
Distribution rate - - - - - -
Net sales 1 58.85 51.07 52.18 11.1 9.481 7.935
EBITDA 1 -3.047 -0.36 0.242 -2.398 -0.97 -1.429
EBIT 1 -4.569 -3.695 -0.399 -2.735 -1.034 -1.499
Net income 1 -5.276 -3.129 -0.719 -0.92 0.644 -1.37
Net Debt 1 16.94 10.87 10.98 5.927 -0.826 -0.936
Reference price 2 0.0730 0.0400 0.0360 0.0290 0.0450 0.0650
Nbr of stocks (in thousands) 42,391 42,391 42,391 42,391 42,391 42,391
Announcement Date 4/13/21 4/13/22 4/10/23 6/3/24 4/14/25 4/8/26
1SGD in Million2SGD
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 3.04M
19.71x1.66x9.58x1.97% 6B
12.03x - - 0.75% 877M
Average 15.87x 1.66x 9.58x 1.36% 2.29B
Weighted average by Cap. 18.73x 1.66x 9.58x 1.81%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA