Company Valuation: IOI Properties Group

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 6,167 5,506 5,892 12,169 10,847 22,135 - -
Change - -10.71% 7% 106.54% -10.86% 104.06% - -
Enterprise Value (EV) 1 15,329 19,972 21,044 29,112 27,951 42,638 45,464 44,572
Change - 30.29% 5.37% 38.34% -3.99% 52.55% 6.63% -1.96%
P/E 9.34x 8.02x 4.23x 5.9x 10.2x 28.3x 20.1x 21.6x
PBR 0.32x 0.27x 0.26x 0.5x 0.44x 0.88x 0.86x 0.83x
PEG - 2x 0x 0.1x -0.2x -1.1x 0.5x -3.17x
Capitalization / Revenue 2.48x 2.13x 2.27x 4.14x 3.54x 5.53x 4.77x 4.45x
EV / Revenue 6.16x 7.71x 8.12x 9.9x 9.13x 10.6x 9.79x 8.96x
EV / EBITDA 16.4x 18.3x 15.7x 12.2x 15.1x 25.3x 21.5x 22x
EV / EBIT 17.1x 19.2x 16.5x 13.1x 16.2x 28.3x 24.5x 24.9x
EV / FCF - -24.1x 15.1x - 46.1x -27.8x 27.3x -19.6x
FCF Yield - -4.16% 6.6% - 2.17% -3.59% 3.66% -5.11%
Dividend per Share 2 0.02 - 0.05 0.05 0.08 0.0827 0.0842 0.0966
Rate of return 1.79% - 4.67% 2.26% 4.06% 2.06% 2.1% 2.4%
EPS 2 0.1199 0.1247 0.253 0.3745 0.1932 0.142 0.1999 0.1862
Distribution rate 16.7% - 19.8% 13.4% 41.4% 58.2% 42.2% 51.9%
Net sales 1 2,489 2,590 2,593 2,940 3,062 4,005 4,644 4,977
EBITDA 1 936.6 1,090 1,340 2,380 1,847 1,686 2,116 2,026
EBIT 1 894.1 1,040 1,276 2,224 1,725 1,507 1,855 1,789
Net income 1 660.2 686.7 1,393 2,062 1,064 904.1 1,088 1,032
Net Debt 1 9,162 14,466 15,152 16,943 17,104 20,503 23,329 22,437
Reference price 2 1.120 1.000 1.070 2.210 1.970 4.020 4.020 4.020
Nbr of stocks (in thousands) 5,506,145 5,506,145 5,506,145 5,506,145 5,506,145 5,506,145 - -
Announcement Date 8/26/21 8/22/22 10/4/23 8/28/24 8/26/25 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
28.3x10.65x25.29x2.06% 5.46B
15.6x4.95x13.31x3.25% 44.42B
8.98x1.53x8x3.95% 31.07B
17.9x3.99x16.28x1.37% 27.43B
5.51x0.67x1.4x9.07% 26.52B
13.45x3.03x14.61x2.62% 24.57B
8.09x0.9x3.26x2.76% 20.68B
10.83x2.09x9.79x4.1% 20.51B
10.69x1.68x14.58x3.53% 19.49B
13.12x6.49x17.34x1.62% 19.08B
Average 13.25x 3.60x 12.39x 3.43% 23.92B
Weighted average by Cap. 12.30x 3.11x 11.30x 3.6%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  3. 5249 Stock
  4. Valuation IOI Properties Group