Company Valuation: Sentral REIT

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 970 959.2 938.5 950.4 950.4 705.3 - -
Change - -1.1% -2.17% 1.27% 0% -25.79% - -
Enterprise Value (EV) 1 1,682 1,684 2,016 2,032 2,081 1,765 1,761 1,755
Change - 0.11% 19.73% 0.78% 2.41% -15.19% -0.24% -0.32%
P/E 13.8x 18.3x 11.6x 12.1x 16.2x 8.63x 8.39x 8.35x
PBR 0.74x 0.74x 0.69x 0.69x 0.69x 0.52x 0.5x 0.5x
PEG - -0.7x 0.3x -5.44x -0.6x 0.2x 2.87x 17.27x
Capitalization / Revenue 6.04x 6.44x 5.82x 4.97x 5.02x 3.59x 3.44x 3.41x
EV / Revenue 10.5x 11.3x 12.5x 10.6x 11x 8.97x 8.59x 8.48x
EV / EBITDA 15.5x 16.7x 18.3x 15.3x 16.4x 13.8x 13x 12.8x
EV / EBIT 15.6x 16.8x 18.3x 15.3x 16.4x 13.8x 13x 12.8x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.0741 0.0682 0.0668 0.0636 0.0615 0.0627 0.068 0.0677
Rate of return 8.19% 7.62% 8.51% 8% 7.74% 10.6% 11.5% 11.5%
EPS 2 0.0655 0.0488 0.0674 0.0659 0.049 0.0683 0.0703 0.0707
Distribution rate 113% 140% 99.1% 96.5% 126% 91.7% 96.7% 95.8%
Net sales 1 160.6 148.9 161.2 191.1 189.4 196.7 204.9 206.9
EBITDA 1 108.3 100.6 110.3 133.1 126.5 128 135 137
EBIT 1 108.1 100.5 110.3 133.1 126.5 128 135 137
Net income 1 70.25 52.27 72.71 78.81 58.64 80.13 85 85.87
Net Debt 1 712.1 724.7 1,078 1,082 1,131 1,060 1,055 1,050
Reference price 2 0.9050 0.8950 0.7850 0.7950 0.7950 0.5900 0.5900 0.5900
Nbr of stocks (in thousands) 1,071,783 1,071,783 1,195,503 1,195,503 1,195,503 1,195,503 - -
Announcement Date 1/20/22 1/19/23 1/23/24 1/22/25 1/22/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
8.63x8.97x13.79x10.62% 174M
33x17.92x21.32x3.38% 121B
37.77x15.19x19.47x3.94% 73.91B
38.6x15.07x15.61x5.52% 56.15B
17.69x16.13x18.59x1.08% 39.15B
28.4x11.44x14.84x4.22% 16.96B
14.02x22.73x27.46x3.58% 16.52B
9.13x12.1x14.79x5.85% 15.17B
18.53x16.55x24.28x5.13% 14.55B
30.02x11.38x16.65x4.06% 13.67B
Average 23.58x 14.75x 18.68x 4.74% 36.69B
Weighted average by Cap. 30.43x 16.12x 19.43x 3.83%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Sentral REIT

Historical PBR trend

Valuation ratios - PBR - Sentral REIT

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Sentral REIT

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Sentral REIT


Year-on-year evolution of the Yield

Valuation ratios - Yield - Sentral REIT
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