Company Valuation: MSMLTD

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 10.84 8.991 16.2 11.59 18.5 10.16
Change - -17.09% 80.16% -28.44% 59.59% -45.08%
Enterprise Value (EV) 1 72.49 76.06 72.13 61.7 68.95 42.89
Change - 4.93% -5.17% -14.46% 11.75% -37.79%
P/E -1.09x -0.89x 4.58x 17.4x 49.1x 0.91x
PBR 0.29x 0.33x 0.52x 0.37x 0.58x 0.24x
PEG - -0.45x -0x -0.2x -1.1x 0x
Capitalization / Revenue 0.15x 0.15x 0.21x 0.14x 0.2x 0.12x
EV / Revenue 0.97x 1.26x 0.91x 0.76x 0.76x 0.52x
EV / EBITDA -7.37x -10.6x 17.9x 12.3x 19.4x 10.6x
EV / EBIT -5.93x -7.93x 33.3x 18.7x 34.7x 17.1x
EV / FCF -9.88x 117x 318x 5.73x -49.6x -5.19x
FCF Yield -10.1% 0.85% 0.31% 17.4% -2.02% -19.3%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.3775 -0.385 0.1341 0.0253 0.0143 0.4217
Distribution rate - - - - - -
Net sales 1 74.7 60.26 78.9 81.53 90.42 82.28
EBITDA 1 -9.84 -7.149 4.021 5.009 3.548 4.053
EBIT 1 -12.23 -9.594 2.168 3.297 1.987 2.513
Net income 1 -9.221 -10.14 3.533 0.666 0.377 11.11
Net Debt 1 61.64 67.07 55.93 50.11 50.45 32.73
Reference price 2 0.4116 0.3413 0.6148 0.4399 0.7021 0.3856
Nbr of stocks (in thousands) 26,348 26,348 26,348 26,348 26,348 26,348
Announcement Date 9/10/20 7/12/21 7/13/22 7/12/23 7/10/24 7/9/25
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
35.69x6.12x22.79x0.76% 122B
35x6.56x22.57x1.73% 42.98B
33.38x4.3x15.89x0.11% 31.55B
21.15x1.75x12.9x2.3% 30B
26.17x4.16x13.97x1.39% 29.48B
23.74x3.47x14.94x0.99% 28.92B
26.17x3.14x13.69x1.44% 28.39B
110.88x7.54x39.69x - 27.13B
27.14x3.49x16.71x1.68% 24.96B
Average 37.70x 4.50x 19.24x 1.3% 40.65B
Weighted average by Cap. 36.76x 4.99x 20.16x 1.16%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA