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 Ratio -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.($)
- - - - 10.35M
21.88x12.26x18.28x0.37% 4,962B
22.9x10.74x14.68x1.1% 1,843B
42.73x17.53x25.8x0.68% 1,834B
16.84x9.77x11.82x0.05% 1,123B
6.98x3.95x4.85x0.24% 972B
89.95x15.84x59.97x-.--% 796B
-336.11x10.19x30.31x-.--% 588B
280.77x60.48x128.2x-.--% 366B
38.66x13.24x25.46x1.94% 270B
Average 20.51x 17.11x 35.49x 0.49% 1,276B
Weighted average by Cap. 18.97x 13.48x 23.71x 0.46%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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