Company Valuation: TDM

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 611.6 387.6 327.3 310.1 379 301.5
Change - -36.62% -15.56% -5.26% 22.22% -20.45%
Enterprise Value (EV) 1 1,107 849 808.1 658.4 798.4 805.7
Change - -23.3% -4.83% -18.52% 21.25% 0.92%
P/E -60.8x -13.1x -12.9x 28.1x 33.8x 17x
PBR 0.79x 0.53x 0.48x 0.45x 0.52x 0.45x
PEG - -0x 0.9x -0x 18.32x 0.3x
Capitalization / Revenue 1.38x 0.76x 0.53x 0.52x 0.59x 0.39x
EV / Revenue 2.5x 1.66x 1.32x 1.11x 1.24x 1.05x
EV / EBITDA 14.9x 7.67x 8.97x 7.7x 9.66x 7.51x
EV / EBIT 216x 19.8x 27.8x 31.7x 38.3x 15.8x
EV / FCF 42.1x 7.98x 20.2x 11.4x -26.9x -49.4x
FCF Yield 2.38% 12.5% 4.96% 8.79% -3.72% -2.02%
Dividend per Share 2 0.0052 0.0064 0.0017 0.0018 0.0037 0.0032
Rate of return 1.46% 2.84% 0.89% 1% 1.68% 1.83%
EPS 2 -0.005842 -0.0171 -0.0148 0.006395 0.006513 0.0103
Distribution rate -89% -37.4% -11.5% 28.1% 56.8% 31.2%
Net sales 1 442.9 511.6 614.4 594.4 645.6 768.1
EBITDA 1 74.13 110.7 90.08 85.54 82.66 107.2
EBIT 1 5.12 42.99 29.06 20.75 20.84 50.88
Net income 1 -9.939 -29.52 -25.45 11.02 11.22 17.69
Net Debt 1 495.4 461.4 480.7 348.3 419.3 504.2
Reference price 2 0.3550 0.2250 0.1900 0.1800 0.2200 0.1750
Nbr of stocks (in thousands) 1,722,881 1,722,881 1,722,881 1,722,881 1,722,881 1,722,881
Announcement Date 5/25/21 4/28/22 4/27/23 4/29/24 4/28/25 4/28/26
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 100M
31.44x3x13.42x1.38% 17.82B
50.41x4.33x28.23x0.28% 13.07B
18.98x2.26x10.54x0.66% 11.93B
21.4x3x10.7x2.01% 11.5B
25.41x2.05x16.54x0.15% 10.37B
90.37x7.53x31.15x - 10.18B
19.67x2.84x11.78x4.14% 9.63B
13.34x1.31x8.06x2.06% 7.89B
33.66x0.94x7.76x1.93% 7.25B
Average 33.85x 3.03x 15.35x 1.58% 9.97B
Weighted average by Cap. 34.26x 3.15x 15.85x 1.46%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA