Company Valuation: Global Oriental

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 154.6 90.94 106.8 86.39 61.38 45.47
Change - -41.18% 17.5% -19.15% -28.95% -25.93%
Enterprise Value (EV) 1 253.8 283 328.7 267.1 219.7 210.4
Change - 11.54% 16.13% -18.74% -17.73% -4.22%
P/E 11.1x 6.29x 9.39x 15.7x 36.9x 8.76x
PBR 0.58x 0.36x 0.4x 0.34x 0.24x 0.17x
PEG - 1.55x -0.4x -0.3x -0.5x 0x
Capitalization / Revenue 0.37x 0.22x 0.27x 0.44x 0.28x 0.3x
EV / Revenue 0.61x 0.67x 0.84x 1.36x 1.02x 1.39x
EV / EBITDA 14.8x 12.9x 8.28x 13.8x 7.7x 7.28x
EV / EBIT 15.7x 13.6x 9.41x 21.3x 11.3x 10.5x
EV / FCF 1.69x 12.6x 3.19x -322x 32.2x 8.76x
FCF Yield 59.1% 7.96% 31.3% -0.31% 3.11% 11.4%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0306 0.0318 0.025 0.0121 0.003661 0.0114
Distribution rate - - - - - -
Net sales 1 419 421.4 392.6 196.9 215.7 151.8
EBITDA 1 17.12 21.98 39.68 19.31 28.53 28.91
EBIT 1 16.13 20.78 34.94 12.56 19.44 19.98
Net income 1 13.9 14.46 11.38 5.511 1.665 5.189
Net Debt 1 99.16 192.1 221.8 180.7 158.3 165
Reference price 2 0.3400 0.2000 0.2350 0.1900 0.1350 0.1000
Nbr of stocks (in thousands) 454,677 454,677 454,677 454,677 454,677 454,677
Announcement Date 8/27/21 7/29/22 7/31/23 7/31/24 7/30/25 7/29/26
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 10.12M
15.51x4.92x13.25x3.27% 44.16B
18.25x4x16.07x1.34% 28.47B
8.36x1.53x7.99x4.29% 27.74B
5.5x0.66x1.4x9.09% 26.47B
14.38x3.1x14.83x2.51% 26.04B
10.51x2.12x9.04x4% 21.13B
7.81x0.86x3.15x2.86% 19.97B
13.23x6.43x16.91x1.65% 19.16B
10.05x1.48x12.38x3.81% 18.38B
Average 11.51x 2.79x 10.56x 3.65% 23.15B
Weighted average by Cap. 11.97x 2.96x 10.77x 3.67%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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  4. Valuation Global Oriental