Company Valuation: Karex

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 558.3 389.8 600.5 848 758.5 474.1 - -
Change - -30.19% 54.05% 41.23% -10.56% -37.5% - -
Enterprise Value (EV) 558.3 389.8 600.5 947 758.5 474.1 474.1 474.1
Change - -30.19% 54.05% 57.71% -19.91% -37.5% 0% 0%
P/E -530x -62.7x 57.6x 36.1x 3,600x 1,600x 25x 14.3x
PBR 1.2x 0.86x - 1.75x 1.64x 1.14x 1.04x 1x
PEG - -0x -0x 0x -36.3x 32x -0x 0.2x
Capitalization / Revenue 1.33x 0.92x - 1.67x 1.52x 1.09x 0.92x 0.84x
EV / Revenue 0x 0x - 0x 0x 0.98x 0.92x 0.84x
EV / EBITDA 0x 0x - 0x 0x 14.2x 6.86x 5.42x
EV / EBIT 0x -0x - 0x 0x 88.6x 14x 9.68x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - - - 0.015 - 0.01 0.00933 0.014
Rate of return - - - 1.86% - 2.08% 2.07% 3.11%
EPS 2 -0.001 -0.0059 0.0099 0.0223 0.0002 0.0003 0.018 0.0315
Distribution rate - - - 67.3% - 3,333% 51.8% 44.4%
Net sales 1 419.8 421.6 - 507.8 498.4 462.4 515.2 564.2
EBITDA 1 27.74 19.69 - 64.51 33.56 37.05 69.1 87.4
EBIT 1 1.944 -2.863 - 42.34 7.905 8.744 33.93 48.97
Net income 1 -1.02 -6.191 10.48 23.44 0.208 0.291 19.2 33.3
Net Debt - - - 99 - - - -
Reference price 2 0.5300 0.3700 0.5700 0.8050 0.7200 0.4500 0.4500 0.4500
Nbr of stocks (in thousands) 1,053,461 1,053,461 1,053,461 1,053,461 1,053,461 1,053,461 - -
Announcement Date 9/29/21 8/29/22 8/28/23 8/23/24 8/28/25 8/27/26 - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
-150x - - 2.78% 116M
Average -150.00x 2.78% 116.33M
Weighted average by Cap. -150.00x 2.78%

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

-40%: Exceptional extension
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