Company Valuation: Opcom Holdings

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 62.08 244.1 205.1 234.3 158.7 107.5
Change - 293.17% -15.96% 14.2% -32.26% -32.25%
Enterprise Value (EV) 1 45.62 224.3 113.5 188.7 211 171
Change - 391.73% -49.42% 66.36% 11.79% -18.95%
P/E -7.86x 59.7x 41.5x 116x -42.2x 32.3x
PBR 0.75x 1.83x 1.3x 1.22x 0.77x 0.41x
PEG - -0x 3.9x -1.7x 0x -0x
Capitalization / Revenue 1.4x 3.64x 2.35x 1.62x 1.35x 1.58x
EV / Revenue 1.03x 3.35x 1.3x 1.3x 1.79x 2.52x
EV / EBITDA -10.3x 29.7x 16.7x 13.1x 19.3x -35.7x
EV / EBIT -6.29x 41.8x 22.4x 72.5x -12.4x -25.5x
EV / FCF 9.75x 124x 9.17x - 2.49x -
FCF Yield 10.3% 0.8% 10.9% - 40.2% -
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.049 0.016 0.0177 0.005266 -0.008421 0.00572
Distribution rate - - - - - -
Net sales 1 44.45 66.99 87.17 145 117.7 67.83
EBITDA 1 -4.409 7.542 6.778 14.36 10.93 -4.788
EBIT 1 -7.247 5.37 5.06 2.604 -17.03 -6.708
Net income 1 -7.896 2.588 3.946 1.686 -3.617 2.827
Net Debt 1 -16.47 -19.78 -91.67 -45.51 52.32 63.51
Reference price 2 0.3850 0.9550 0.7350 0.6100 0.3550 0.1850
Nbr of stocks (in thousands) 161,250 255,587 279,087 384,022 446,964 581,053
Announcement Date 8/28/20 8/27/21 7/29/22 1/30/24 1/24/25 4/30/26
1MYR in Million2MYR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 24.12M
34.43x7.21x18.62x1.48% 441B
49.99x16.96x35.41x-.--% 212B
18.77x0.78x13.6x2.39% 169B
34.08x10.35x25.56x0.3% 161B
31.16x5.94x17.38x1.15% 68.61B
148.36x19.1x56.01x-.--% 57.01B
35.2x2.23x14.46x1.7% 56.83B
71.93x8.38x38.68x-.--% 53B
26.32x5.7x19.72x1.65% 48.13B
Average 50.03x 8.52x 26.61x 0.96% 126.69B
Weighted average by Cap. 41.15x 8.62x 23.96x 1.07%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Opcom Holdings