Company Valuation: MSMLTD

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 8.991 16.2 11.59 18.5 10.16 31.42
Change - 80.16% -28.44% 59.59% -45.08% 209.32%
Enterprise Value (EV) 1 76.06 72.13 61.7 68.95 42.89 66.08
Change - -5.17% -14.46% 11.75% -37.79% 54.07%
P/E -0.89x 4.58x 17.4x 49.1x 0.91x 1,048x
PBR 0.33x 0.52x 0.37x 0.58x 0.24x 0.73x
PEG - -0x -0.2x -1.1x 0x -10.5x
Capitalization / Revenue 0.15x 0.21x 0.14x 0.2x 0.12x 0.29x
EV / Revenue 1.26x 0.91x 0.76x 0.76x 0.52x 0.61x
EV / EBITDA -10.6x 17.9x 12.3x 19.4x 10.6x 14.9x
EV / EBIT -7.93x 33.3x 18.7x 34.7x 17.1x 30.2x
EV / FCF 117x 318x 5.73x -49.6x -5.19x -635x
FCF Yield 0.85% 0.31% 17.4% -2.02% -19.3% -0.16%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.385 0.1341 0.0253 0.0143 0.4217 0.001138
Distribution rate - - - - - -
Net sales 1 60.26 78.9 81.53 90.42 82.28 108.4
EBITDA 1 -7.149 4.021 5.009 3.548 4.053 4.439
EBIT 1 -9.594 2.168 3.297 1.987 2.513 2.185
Net income 1 -10.14 3.533 0.666 0.377 11.11 0.03
Net Debt 1 67.07 55.93 50.11 50.45 32.73 34.66
Reference price 2 0.3413 0.6148 0.4399 0.7021 0.3856 1.1927
Nbr of stocks (in thousands) 26,348 26,348 26,348 26,348 26,348 26,348
Announcement Date 7/12/21 7/13/22 7/12/23 7/10/24 7/9/25 7/13/26
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.28x5.45x19.7x0.83% 123B
27.1x4.99x17.46x2.22% 35.49B
20.34x1.74x12.52x2.31% 29.59B
30.02x4.01x15.14x0.11% 29.52B
19.95x3.42x10.95x1.53% 27.81B
21.19x3.07x13.25x1.1% 25.84B
22.4x2.74x11.81x1.69% 23.96B
97.35x34.29x75.13x0.44% 23.67B
26.38x3.3x16.14x1.72% 23.48B
Average 32.89x 7.00x 21.34x 1.33% 38.08B
Weighted average by Cap. 31.72x 6.27x 20.29x 1.21%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA