Company Valuation: Key ASIC

Data adjusted to current consolidation scope
Fiscal Period: May 2020 2021 2022 2023 2024 2025
Market Cap 1 108 215.7 68.16 90.58 62.91 55.99
Change - 99.82% -68.41% 32.9% -30.54% -11%
Enterprise Value (EV) 1 101.1 195 44.92 68.68 47.02 57.34
Change - 92.9% -76.97% 52.9% -31.54% 21.97%
P/E -5.36x -24.9x -7.64x -16.6x -5.68x -8.24x
PBR 5.2x 5.9x 1.95x 2.74x 2.59x 3.15x
PEG - 0.4x 1.78x 0.4x -0x 0.2x
Capitalization / Revenue 9.53x 15.5x 5.02x 4.35x 2.74x 3.75x
EV / Revenue 8.93x 14x 3.31x 3.3x 2.05x 3.84x
EV / EBITDA -5.86x -29.5x -5.82x -16.2x -4.84x -9.23x
EV / EBIT -5.41x -23.9x -4.8x -11.7x -4.1x -7.62x
EV / FCF 57.6x -43.7x -9.89x 93.8x -18.7x 22.6x
FCF Yield 1.74% -2.29% -10.1% 1.07% -5.35% 4.42%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0187 -0.006839 -0.006546 -0.003913 -0.007924 -0.004853
Distribution rate - - - - - -
Net sales 1 11.32 13.88 13.59 20.82 22.93 14.95
EBITDA 1 -17.26 -6.618 -7.718 -4.248 -9.711 -6.212
EBIT 1 -18.69 -8.158 -9.348 -5.847 -11.47 -7.529
Net income 1 -17.91 -7.955 -8.636 -5.368 -10.77 -6.79
Net Debt 1 -6.88 -20.74 -23.24 -21.9 -15.9 1.35
Reference price 2 0.1000 0.1700 0.0500 0.0650 0.0450 0.0400
Nbr of stocks (in thousands) 1,079,719 1,269,111 1,363,111 1,393,511 1,398,061 1,399,862
Announcement Date 9/30/20 9/30/21 9/30/22 9/29/23 9/30/24 9/30/25
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 10.29M
22.08x12.44x18.46x0.36% 5,056B
22.63x11.05x15.01x1.13% 1,926B
43.33x17.84x26.26x0.67% 1,867B
13.62x8.29x10.02x0.05% 1,118B
5.93x3.44x4.13x0.3% 948B
100.59x17.45x64.58x-.--% 880B
-262.69x8.85x26.21x-.--% 504B
234.34x49.91x105.85x-.--% 302B
33.51x12.17x22.5x2.02% 260B
Average 23.70x 15.71x 32.56x 0.5% 1,286B
Weighted average by Cap. 22.76x 13.07x 22.88x 0.48%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA