Company Valuation: Hap Seng Consolidated

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 21,411 19,170 15,934 11,328 8,714 7,071
Change - -10.47% -16.88% -28.91% -23.08% -18.86%
Enterprise Value (EV) 1 24,981 22,540 20,282 14,824 12,368 11,038
Change - -9.77% -10.02% -26.91% -16.57% -10.75%
P/E 28.5x 21.3x 16.8x 14.2x 13.4x 14.1x
PBR 2.86x 2.55x 2.08x 1.44x 1.09x 0.89x
PEG - 1.1x 3.01x -0.9x -0.7x -0.6x
Capitalization / Revenue 3.66x 3.19x 2.24x 1.86x 1.55x 1.38x
EV / Revenue 4.27x 3.75x 2.85x 2.44x 2.2x 2.16x
EV / EBITDA 18x 13.1x 17.1x 17.5x 8.63x 9.1x
EV / EBIT 20.1x 14.2x 19.4x 21.6x 9.73x 10.6x
EV / FCF 35x 14.4x 30.4x 19.2x 24.3x 21.4x
FCF Yield 2.86% 6.93% 3.29% 5.21% 4.12% 4.67%
Dividend per Share 2 0.25 0.35 0.3 0.25 0.2 0.2
Rate of return 2.91% 4.55% 4.69% 5.49% 5.71% 7.04%
EPS 2 0.3013 0.3617 0.3818 0.3215 0.2613 0.201
Distribution rate 83% 96.8% 78.6% 77.8% 76.5% 99.5%
Net sales 1 5,850 6,013 7,110 6,086 5,631 5,107
EBITDA 1 1,390 1,724 1,186 846.5 1,432 1,213
EBIT 1 1,240 1,591 1,044 685.1 1,271 1,037
Net income 1 750.2 900.4 950.7 800.3 650.5 500.3
Net Debt 1 3,570 3,370 4,348 3,496 3,654 3,968
Reference price 2 8.600 7.700 6.400 4.550 3.500 2.840
Nbr of stocks (in thousands) 2,489,670 2,489,670 2,489,670 2,489,670 2,489,670 2,489,670
Announcement Date 4/27/21 4/28/22 4/27/23 4/30/24 4/30/25 4/28/26
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 1.66B
23.75x - - -.--% 1,055B
23.68x1.9x11.81x1.23% 132B
22.9x3.8x13.13x1.8% 88.06B
31.27x2.21x16.42x0.77% 80.19B
24.14x5.24x17.85x2.39% 78.81B
32.85x4.1x17.82x3.37% 73.82B
23.06x1.77x12.95x1.18% 70.64B
38.82x2.65x13.68x2.96% 23.98B
Average 27.56x 3.10x 14.81x 1.71% 178.24B
Weighted average by Cap. 24.71x 3.04x 14.61x 0.61%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Stocks
  3. 3034 Stock
  4. Valuation Hap Seng Consolidated