Company Valuation: APM Automotive Holdings

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 498.5 381.2 357.8 488.7 541.5 637.3
Change - -23.53% -6.15% 36.61% 10.8% 17.69%
Enterprise Value (EV) 1 190 171.7 146.3 141.7 264.2 164.2
Change - -9.67% -14.79% -3.12% 86.43% -37.86%
P/E -47.6x -33.9x 13.6x 8.09x 6.33x 8.6x
PBR 0.38x 0.29x 0.28x 0.34x 0.38x 0.45x
PEG - -4.54x -0x 0x 0.2x -0.6x
Capitalization / Revenue 0.44x 0.31x 0.21x 0.25x 0.26x 0.31x
EV / Revenue 0.17x 0.14x 0.08x 0.07x 0.13x 0.08x
EV / EBITDA 2.87x 2.35x 1.41x 1x 1.29x 0.9x
EV / EBIT 11.5x 8.96x 3.39x 1.59x 1.83x 1.3x
EV / FCF 1.76x -3.5x 2.3x 0.72x 18.1x 0.62x
FCF Yield 56.8% -28.6% 43.4% 138% 5.54% 162%
Dividend per Share 2 0.07 0.07 0.14 0.18 0.28 0.2
Rate of return 2.75% 3.59% 7.65% 7.2% 10.1% 6.13%
EPS 2 -0.0536 -0.0575 0.135 0.3092 0.4379 0.379
Distribution rate -131% -122% 104% 58.2% 63.9% 52.8%
Net sales 1 1,124 1,224 1,739 1,926 2,079 2,030
EBITDA 1 66.32 72.95 103.4 142.3 204.5 183
EBIT 1 16.52 19.16 43.15 89.24 144.4 126.1
Net income 1 -10.47 -11.25 26.4 60.44 85.6 74.1
Net Debt 1 -308.5 -209.5 -211.5 -347 -277.3 -473.1
Reference price 2 2.550 1.950 1.830 2.500 2.770 3.260
Nbr of stocks (in thousands) 195,494 195,494 195,494 195,494 195,494 195,494
Announcement Date 4/30/21 4/29/22 4/28/23 4/30/24 4/29/25 4/30/26
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 132M
18.06x1.98x10.86x1.62% 71.11B
20.05x1.37x10.56x1.85% 46.02B
14.43x0.65x4.7x4% 32.17B
11.82x0.56x4.91x3.97% 29.51B
7.91x0.47x5.97x1.91% 23.96B
14.38x2.6x8.96x4.24% 20.23B
30.31x1.2x12.66x0.61% 17.94B
19.63x0.86x10.38x3.37% 17.33B
10.25x0.48x4.72x3.1% 16.95B
Average 16.31x 1.13x 8.19x 2.74% 27.54B
Weighted average by Cap. 16.56x 1.27x 8.60x 2.54%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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