Company Valuation: Pappajack

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025
Market Cap 1 377.4 806.6 745.2 690.3
Change - 113.72% -7.62% -7.37%
Enterprise Value (EV) 1 397 794.3 766.4 802.1
Change - 100.07% -3.51% 4.65%
P/E 33.1x 37.8x 31x 24.7x
PBR 2.18x 3.29x 2.84x 2.48x
PEG -0.4x 0.6x 2.5x 1.5x
Capitalization / Revenue 5.39x 7.37x 6.32x 5.16x
EV / Revenue 5.67x 7.26x 6.5x 6x
EV / EBITDA 24.4x 25.6x 21x 17.1x
EV / EBIT 25.9x 26.5x 21.8x 17.7x
EV / FCF -6.24x -39.9x -30.7x -12.1x
FCF Yield -16% -2.51% -3.26% -8.27%
Dividend per Share 2 - 0.005 0.01 0.0175
Rate of return - 0.48% 1.03% 1.94%
EPS 2 0.0171 0.0278 0.0312 0.0365
Distribution rate - 18% 32% 48%
Net sales 1 69.96 109.4 117.9 133.7
EBITDA 1 16.26 31 36.49 46.89
EBIT 1 15.33 29.94 35.22 45.21
Net income 1 10.09 19.99 24 28.02
Net Debt 1 19.59 -12.31 21.29 111.9
Reference price 2 0.5650 1.0500 0.9700 0.9000
Nbr of stocks (in thousands) 668,000 768,200 768,200 766,951
Announcement Date 4/28/23 4/30/24 4/30/25 4/30/26
1MYR in Million2MYR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 170M
26.32x16.99x - 0.65% 68.2B
28.61x4.73x16.01x-.--% 41.14B
24.98x5.13x25.45x0.08% 30.78B
17.97x12.28x23.38x1.15% 25.32B
7.89x1.8x - 1.73% 24.76B
28.92x4.29x12.58x-.--% 22.17B
23.45x19.03x46.24x0.15% 16.02B
29.48x - - - 15.51B
Average 23.45x 9.18x 24.73x 0.54% 27.12B
Weighted average by Cap. 24.05x 9.92x 22.55x 0.53%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA