Company Valuation: Rex Industry

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 123.3 118.4 92.07 82.21 65.77 111.8
Change - -4% -22.22% -10.71% -20% 70%
Enterprise Value (EV) 1 159.4 133.4 111.5 96.15 80.9 120.3
Change - -16.28% -16.41% -13.8% -15.86% 48.7%
P/E -6.51x 35.1x 36.6x -1.78x -15.8x 32.3x
PBR 0.61x 0.93x 0.53x 0.79x 0.68x 1.17x
PEG - -0x -0.8x 0x 0.2x -0x
Capitalization / Revenue 0.83x 0.74x 0.57x 0.51x 0.5x 1.06x
EV / Revenue 1.07x 0.83x 0.69x 0.59x 0.62x 1.15x
EV / EBITDA -57x 15.3x 13.6x -7x -45x 27.2x
EV / EBIT -26.1x 25x 27.6x -5.35x -22.8x 35.7x
EV / FCF 31x -38.4x -21.1x -418x -4.53x -
FCF Yield 3.23% -2.6% -4.73% -0.24% -22.1% -
Dividend per Share 2 - 0.002 - - - -
Rate of return - 0.83% - - - -
EPS 2 -0.0384 0.006841 0.003823 -0.0704 -0.006336 0.005258
Distribution rate - 29.2% - - - -
Net sales 1 149.2 160.5 161.1 162.4 130.5 105
EBITDA 1 -2.795 8.703 8.201 -13.74 -1.797 4.424
EBIT 1 -6.099 5.331 4.046 -17.98 -3.545 3.374
Net income 1 -9.465 2.603 2.027 -44.4 -4.167 3.458
Net Debt 1 36.08 15.06 19.46 13.94 15.14 8.495
Reference price 2 0.2500 0.2400 0.1400 0.1250 0.1000 0.1700
Nbr of stocks (in thousands) 493,253 493,253 657,671 657,671 657,671 657,671
Announcement Date 10/30/20 10/29/21 10/31/22 10/31/23 10/30/24 4/30/26
1MYR in Million2MYR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 21.86M
20.45x2.82x14.08x3.98% 250B
19.81x2.49x14.83x3.31% 79.36B
17.51x1.8x10.2x3.61% 48.61B
15.05x0.56x10.05x2.56% 39.18B
21.92x3.32x13.43x3.19% 36.38B
39.61x3.38x19.66x0.91% 34.27B
68.15x10.46x43.36x1.12% 29.65B
99.75x1.88x9.36x6.47% 29.35B
Average 37.78x 3.34x 16.87x 3.14% 60.76B
Weighted average by Cap. 27.85x 2.95x 15.19x 3.48%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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