Company Valuation: Sentral REIT

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 970 959.2 938.5 950.4 950.4 669.5 - -
Change - -1.1% -2.17% 1.27% 0% -29.56% - -
Enterprise Value (EV) 1 1,682 1,684 2,016 2,032 2,081 1,729 1,725 1,719
Change - 0.11% 19.73% 0.78% 2.41% -16.91% -0.25% -0.33%
P/E 13.8x 18.3x 11.6x 12.1x 16.2x 8.2x 7.96x 7.92x
PBR 0.74x 0.74x 0.69x 0.69x 0.69x 0.5x 0.48x 0.48x
PEG - -0.7x 0.3x -5.44x -0.6x 0.2x 2.72x 16.38x
Capitalization / Revenue 6.04x 6.44x 5.82x 4.97x 5.02x 3.4x 3.3x 3.23x
EV / Revenue 10.5x 11.3x 12.5x 10.6x 11x 8.79x 8.5x 8.29x
EV / EBITDA 15.5x 16.7x 18.3x 15.3x 16.4x 13.5x 13.2x 12.5x
EV / EBIT 15.6x 16.8x 18.3x 15.3x 16.4x 13.5x 13.2x 12.5x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.0741 0.0682 0.0668 0.0636 0.0615 0.0627 0.0677 0.0677
Rate of return 8.19% 7.62% 8.51% 8% 7.74% 11.2% 12.1% 12.1%
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% 96.2% 95.8%
Net sales 1 160.6 148.9 161.2 191.1 189.4 196.7 202.9 207.5
EBITDA 1 108.3 100.6 110.3 133.1 126.5 128 131 137
EBIT 1 108.1 100.5 110.3 133.1 126.5 128 131 137
Net income 1 70.25 52.27 72.71 78.81 58.64 80.23 83.83 85.7
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 0.5600 0.5600 0.5600
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 (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
8.33x8.84x13.65x10.87% 169M
33.8x18.26x21.72x3.3% 124B
39.59x15.41x20.08x3.84% 75.7B
38.55x15.18x15.61x5.47% 56.65B
20.13x16.98x19.36x1.03% 41.18B
27.09x11.5x15.93x4.22% 17.02B
14.15x22.88x27.63x3.55% 16.57B
8.85x12.06x14.53x5.9% 14.97B
18.53x16.55x24.28x5.13% 14.52B
30.79x11.4x17.33x4% 13.92B
Average 23.98x 14.91x 19.01x 4.73% 37B
Weighted average by Cap. 31.29x 16.40x 19.85x 3.75%

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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