Company Valuation: Sunway

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,409 7,920 11,239 29,592 37,994 34,816 - -
Change - -5.81% 41.9% 163.31% 28.39% -8.36% - -
Enterprise Value (EV) 1 14,311 15,019 18,589 36,114 46,337 44,212 44,485 44,077
Change - 4.95% 23.77% 94.28% 28.31% -4.59% 0.62% -0.92%
P/E 3.83x 15.5x 18.3x 28.6x 29.5x 26.7x 24.4x 22.8x
PBR 0.84x 0.76x 0.96x 2.13x 2.36x 1.92x 1.8x 1.7x
PEG - -0.2x 2.36x 0.6x 2.1x 25.07x 2.55x 3.16x
Capitalization / Revenue 2.26x 1.52x 1.83x 3.75x 3.87x 2.87x 2.54x 2.34x
EV / Revenue 3.85x 2.89x 3.03x 4.58x 4.72x 3.65x 3.25x 2.96x
EV / EBITDA 26.3x 21x 22.2x 34.3x 30.9x 26.3x 23.9x 20.9x
EV / EBIT 43.8x 24.3x 26.7x 40.7x 34.4x 27.8x 25.2x 22.6x
EV / FCF 88.1x - 65.8x 24.9x 18.7x -30.4x 36.9x 28.8x
FCF Yield 1.13% - 1.52% 4.02% 5.34% -3.29% 2.71% 3.47%
Dividend per Share 2 0.025 0.035 0.055 0.06 0.06 0.0732 0.0813 0.0902
Rate of return 1.45% 2.16% 2.67% 1.25% 1.07% 1.42% 1.58% 1.75%
EPS 2 0.4491 0.1043 0.1124 0.1674 0.1906 0.1926 0.2111 0.2263
Distribution rate 5.57% 33.6% 48.9% 35.8% 31.5% 38% 38.5% 39.9%
Net sales 1 3,714 5,195 6,140 7,882 9,813 12,123 13,708 14,899
EBITDA 1 543.4 713.6 838.3 1,054 1,499 1,681 1,861 2,105
EBIT 1 327.1 618.5 696.9 887.3 1,347 1,593 1,762 1,954
Net income 1 2,665 676.7 737.8 1,154 1,304 1,278 1,390 1,476
Net Debt 1 5,901 7,099 7,350 6,522 8,343 9,395 9,669 9,261
Reference price 2 1.720 1.620 2.060 4.790 5.620 5.150 5.150 5.150
Nbr of stocks (in thousands) 4,889,070 4,889,075 5,455,663 6,177,963 6,760,421 6,760,421 - -
Announcement Date 2/25/22 2/23/23 2/21/24 2/26/25 2/25/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
18.95x - - -.--% 1,133B
27.01x2.22x14.24x1.05% 159B
24.82x4.05x13.91x1.75% 93.88B
31.7x2.46x18.94x0.75% 84.68B
25.76x5.48x18.72x2.2% 83.88B
35.98x4.32x20.25x2.46% 76.99B
23.09x1.81x12.78x1.12% 75.27B
43.33x2.9x14.96x2.66% 26.93B
Average 28.83x 3.32x 16.26x 1.5% 216.68B
Weighted average by Cap. 22.27x 3.24x 16.10x 0.53%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield