Company Valuation: Maxis

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 37,957 30,068 30,153 28,591 29,695 28,520 - -
Change - -20.79% 0.29% -5.18% 3.86% -3.96% - -
Enterprise Value (EV) 1 46,856 30,068 39,356 37,416 38,217 36,499 35,855 35,140
Change - -35.83% 30.89% -4.93% 2.14% -4.49% -1.76% -2%
P/E 29x 25.4x 30.3x 20.5x 19x 17.9x 17.4x 16.5x
PBR 5.64x - 4.73x 4.84x 4.83x 4.51x 4.44x 4.27x
PEG - -2.65x -1.9x 0.5x 1.6x 6.24x 6.36x 3x
Capitalization / Revenue 4.12x 3.07x 2.96x 2.71x 2.79x 2.61x 2.56x 2.49x
EV / Revenue 5.09x 3.07x 3.87x 3.55x 3.59x 3.34x 3.22x 3.07x
EV / EBITDA 12x 7.64x 9.94x 9.08x 8.83x 8.25x 8.04x 7.7x
EV / EBIT 21x 13.6x 20.8x 16.1x 15.3x 13.9x 13.3x 12.7x
EV / FCF 20.6x - 23x 18.3x 16.9x 16x 14.2x 13.7x
FCF Yield 4.85% - 4.35% 5.47% 5.93% 6.26% 7.02% 7.3%
Dividend per Share 2 0.16 - 0.17 0.17 0.175 0.1776 0.1807 0.187
Rate of return 3.3% - 4.42% 4.66% 4.62% 4.85% 4.94% 5.11%
EPS 2 0.167 0.151 0.127 0.178 0.199 0.2047 0.2103 0.2219
Distribution rate 95.8% - 134% 95.5% 87.9% 86.7% 85.9% 84.3%
Net sales 1 9,203 9,789 10,180 10,536 10,635 10,913 11,137 11,449
EBITDA 1 3,898 3,938 3,960 4,122 4,329 4,425 4,459 4,563
EBIT 1 2,235 2,218 1,890 2,324 2,499 2,635 2,696 2,764
Net income 1 1,308 1,182 993 1,396 1,561 1,617 1,651 1,736
Net Debt 1 8,899 - 9,203 8,825 8,522 7,980 7,336 6,620
Reference price 2 4.850 3.840 3.850 3.650 3.790 3.660 3.660 3.660
Nbr of stocks (in thousands) 7,826,271 7,830,149 7,832,077 7,833,120 7,835,085 7,835,085 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/18/25 2/12/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
17.88x3.36x8.28x4.85% 7.01B
1507.55x39.6x81.95x - 1,829B
29.11x6.26x29.69x0.2% 197B
16.28x2.9x7.35x2.33% 191B
10.26x2.4x6.45x4.62% 165B
14.37x2.33x7.76x2.97% 67.8B
12.56x1.41x4.82x3.53% 36.36B
20.79x5.63x10.33x4.58% 33.43B
8.8x0.32x1.29x7.47% 24.84B
12.49x3.16x7.09x7.38% 19.09B
Average 165.01x 6.74x 16.50x 4.21% 257B
Weighted average by Cap. 1,077.94x 29.22x 62.04x 2.82%

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