Company Valuation: Leader Steel Holdings

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 98.12 80.72 73.32 70.31 61.89 63.44
Change - -17.73% -9.17% -4.1% -11.97% 2.5%
Enterprise Value (EV) 1 144.4 144.6 75.33 133.6 88.65 93.23
Change - 0.15% -47.91% 77.35% -33.65% 5.17%
P/E 15.2x 2.96x 11.3x 3.32x 27.6x -27.3x
PBR 0.61x 0.43x 0.39x 0.2x 0.18x 0.19x
PEG - 0x -0.1x 0x -0.3x 0x
Capitalization / Revenue 0.45x 0.35x 0.33x 0.37x 0.28x 0.4x
EV / Revenue 0.66x 0.62x 0.34x 0.69x 0.41x 0.59x
EV / EBITDA 9.16x 3.67x 8.64x 17.1x -10.5x -112x
EV / EBIT 13x 4.15x 17.8x 37x -7.04x -19.1x
EV / FCF 4.06x -7.16x 1.23x -6.25x -15.7x -40.9x
FCF Yield 24.6% -14% 81% -16% -6.37% -2.45%
Dividend per Share 2 0.015 - 0.015 0.015 0.02 -
Rate of return 2.07% - 2.75% 3.3% 5% -
EPS 2 0.0477 0.2029 0.0483 0.1371 0.0145 -0.015
Distribution rate 31.4% - 31.1% 10.9% 138% -
Net sales 1 217.9 231.7 221.8 192.3 218.4 157
EBITDA 1 15.77 39.45 8.72 7.801 -8.458 -0.835
EBIT 1 11.14 34.85 4.231 3.61 -12.59 -4.882
Net income 1 6.239 26.4 6.495 18.98 2.24 -2.312
Net Debt 1 46.29 63.9 2.011 63.29 26.76 29.79
Reference price 2 0.7250 0.6000 0.5450 0.4550 0.4000 0.4100
Nbr of stocks (in thousands) 135,333 134,533 134,533 154,533 154,732 154,732
Announcement Date 4/28/21 4/29/22 4/28/23 4/30/24 4/25/25 4/30/26
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 14.41M
12.99x1.48x7.7x0.9% 56.35B
16.38x0.93x7.53x0.86% 54.58B
13.81x1.51x8.75x0.9% 33.72B
13.23x1.17x7.1x2.27% 24.04B
12.32x0.78x6.96x3.47% 23.14B
30.44x5.83x19.83x0.2% 20.23B
11.96x0.56x5.4x3.04% 17.58B
-21.09x0.15x3.44x0.99% 10.85B
14.46x0.96x7.26x2.65% 10.85B
Average 11.61x 1.49x 8.22x 1.7% 25.13B
Weighted average by Cap. 13.72x 1.48x 8.29x 1.43%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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