Company Valuation: MYP Ltd.

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 132.2 121 78.03 52.55 71.66 100.3
Change - -8.43% -35.53% -32.65% 36.36% 40%
Enterprise Value (EV) 1 427.2 408.8 364.1 342 357.7 383.8
Change - -4.3% -10.93% -6.07% 4.58% 7.31%
P/E -1.92x 32.2x 44x -6.14x -29.5x 23.4x
PBR 0.47x 0.42x 0.27x 0.19x 0.26x 0.36x
PEG - -0x -0.8x 0x 0.4x -0x
Capitalization / Revenue 7.04x 7.62x 4.61x 2.95x 3.92x 5.34x
EV / Revenue 22.7x 25.7x 21.5x 19.2x 19.6x 20.4x
EV / EBITDA 38.2x 39.8x 32.7x 30.6x 30.9x 31.6x
EV / EBIT 38.4x 40x 32.8x 30.7x 31.1x 31.9x
EV / FCF -80.3x 81.4x 349x -40.1x 114x 273x
FCF Yield -1.25% 1.23% 0.29% -2.49% 0.88% 0.37%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0432 0.002359 0.001113 -0.005375 -0.001524 0.00269
Distribution rate - - - - - -
Net sales 1 18.78 15.88 16.93 17.81 18.29 18.8
EBITDA 1 11.2 10.28 11.14 11.16 11.56 12.14
EBIT 1 11.14 10.23 11.1 11.14 11.52 12.04
Net income 1 -68.74 3.758 1.773 -8.561 -2.428 4.285
Net Debt 1 295 287.8 286.1 289.5 286 283.5
Reference price 2 0.0830 0.0760 0.0490 0.0330 0.0450 0.0630
Nbr of stocks (in thousands) 1,592,469 1,592,469 1,592,469 1,592,469 1,592,469 1,592,469
Announcement Date 7/15/21 7/13/22 6/13/23 7/14/24 7/9/25 7/14/26
1SGD in Million2SGD
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 74.5M
58.05x - - - 62.25B
13.11x3.87x11.48x-.--% 23.91B
8.22x16.43x19.4x5.93% 21.14B
4.37x0.15x0.3x7.93% 14.85B
8.78x17.25x - 6.02% 8.69B
7.7x0.8x6.55x2.54% 5.82B
-1.89x1.72x114.25x-.--% 5.39B
6.46x14.52x20.02x5.7% 4.63B
8.98x0.55x7.26x4.23% 3.81B
Average 12.64x 6.91x 25.61x 4.04% 15.06B
Weighted average by Cap. 28.84x 7.65x 18.39x 4%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA