Company Valuation: Can-One

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 536.1 709 647.6 466.9 442 336.3
Change - 32.26% -8.67% -27.89% -5.35% -23.91%
Enterprise Value (EV) 1 1,609 1,940 1,861 1,838 1,882 1,978
Change - 20.6% -4.07% -1.24% 2.37% 5.09%
P/E Ratio 7.02x -13.4x 7.07x 14x -22.5x -12.6x
PBR 0.3x 0.41x 0.35x 0.25x 0.24x 0.2x
PEG - 0x -0x -0.2x 0x -0.4x
Capitalization / Revenue 0.21x 0.26x 0.2x 0.15x 0.14x 0.11x
EV / Revenue 0.64x 0.72x 0.59x 0.6x 0.59x 0.62x
EV / EBITDA 8.65x 5.67x 6.15x 7.28x 6.61x 6.69x
EV / EBIT 23.8x 9.53x 10.7x 16.6x 17.1x 16.7x
EV / FCF -18.2x -16.8x 15.6x -21.2x 67.5x -10x
FCF Yield -5.49% -5.96% 6.43% -4.72% 1.48% -9.99%
Dividend per Share 2 0.04 0.04 0.04 0.04 0.04 0.04
Rate of return 1.43% 1.08% 1.19% 1.65% 1.74% 2.29%
EPS 2 0.3977 -0.2751 0.477 0.1738 -0.1024 -0.1387
Distribution rate 10.1% -14.5% 8.39% 23% -39.1% -28.8%
Net sales 1 2,530 2,693 3,167 3,054 3,193 3,191
EBITDA 1 186 342.5 302.7 252.6 284.6 295.7
EBIT 1 67.59 203.7 174.7 110.9 109.8 118.4
Net income 1 76.42 -52.86 91.65 33.4 -19.68 -26.66
Net Debt 1 1,073 1,231 1,214 1,371 1,440 1,641
Reference price 2 2.790 3.690 3.370 2.430 2.300 1.750
Nbr of stocks (in thousands) 192,153 192,153 192,153 192,153 192,153 192,153
Announcement Date 4/28/21 4/28/22 4/28/23 4/30/24 4/29/25 4/28/26
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 73.23M
15.94x1.44x9.66x1.43% 15B
16.66x1.67x10.25x2.45% 12.14B
13.54x1.2x7.62x1.43% 10.79B
16.76x1.97x9.45x1.71% 10.27B
16.95x1.14x8.22x3.05% 8.64B
12.05x1.04x7.1x2.09% 4.25B
12.11x - - 3.35% 3.44B
16.72x2.21x9.48x5.25% 3.08B
Average 15.09x 1.53x 8.83x 2.59% 7.52B
Weighted average by Cap. 15.53x 1.50x 9.02x 2.18%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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