Company Valuation: S & F Capital

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 75.21 74.3 38.53 60.54 60.54 45.41
Change - -1.21% -48.15% 57.14% 0% -25%
Enterprise Value (EV) 1 76.41 66.94 31.44 44.88 48.37 51.28
Change - -12.39% -53.04% 42.75% 7.78% 6.02%
P/E -3.9x -6.82x -16.3x 25x 45.9x -150x
PBR 1.45x 1.26x 0.68x 1.02x 1x 0.69x
PEG - 0.1x 0.2x -0x -1x 1x
Capitalization / Revenue 5.04x 2.77x 1.68x 0.74x 0.73x 1.3x
EV / Revenue 5.12x 2.49x 1.37x 0.55x 0.59x 1.47x
EV / EBITDA -4.65x -27.9x -16x 18.2x 16.4x 31.7x
EV / EBIT -4.46x -24.8x -15.6x 20.1x 42.9x -79.3x
EV / FCF 3,990x 25.2x 64.9x 2.35x -69.8x -3.55x
FCF Yield 0.03% 3.97% 1.54% 42.5% -1.43% -28.1%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0526 -0.0198 -0.0043 0.0044 0.002398 -0.0005
Distribution rate - - - - - -
Net sales 1 14.91 26.85 22.98 81.82 82.4 34.96
EBITDA 1 -16.42 -2.4 -1.964 2.47 2.955 1.615
EBIT 1 -17.14 -2.701 -2.02 2.232 1.126 -0.6469
Net income 1 -17.17 -9.142 -2.367 2.449 1.32 -0.2673
Net Debt 1 1.2 -7.357 -7.088 -15.66 -12.17 5.871
Reference price 2 0.2050 0.1350 0.0700 0.1100 0.1100 0.0750
Nbr of stocks (in thousands) 366,893 550,367 550,367 550,367 550,367 605,403
Announcement Date 10/27/20 10/29/21 10/28/22 10/31/23 10/30/24 10/29/25
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 13.68M
16.17x5.09x13.7x3.13% 46.06B
9.15x1.55x8.08x3.88% 31.64B
18.59x4.07x16.47x1.31% 28.56B
5.5x0.66x1.4x9.09% 26.47B
14.06x3.11x14.87x2.49% 25.67B
11.02x2.1x9.8x4.03% 20.89B
8.19x0.91x3.3x2.73% 20.95B
13.6x6.57x17.49x1.57% 19.69B
10.85x1.54x12.95x3.79% 20.04B
Average 11.90x 2.84x 10.89x 3.56% 24B
Weighted average by Cap. 12.33x 3.00x 11.06x 3.57%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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