Company Valuation: UEM Sunrise

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,619 1,290 4,123 5,463 2,782 2,959 - -
Change - -20.31% 219.61% 32.52% -49.07% 6.36% - -
Enterprise Value (EV) 1 4,982 4,552 7,301 8,506 5,713 5,326 5,366 5,420
Change - -8.63% 60.4% 16.5% -32.84% -6.76% 0.75% 1.01%
P/E -7.55x 16x 54.3x 52.4x 39x 24.2x 24x 20.6x
PBR 0.24x 0.19x 0.6x 0.79x 0.4x 0.42x 0.42x 0.42x
PEG - -0x -9.59x 1.4x -1.2x 0.3x 29.04x 1.3x
Capitalization / Revenue 1.34x 0.88x 3.08x 4.08x 1.63x 1.93x 1.91x 1.81x
EV / Revenue 4.11x 3.09x 5.45x 6.35x 3.36x 3.48x 3.47x 3.31x
EV / EBITDA -228x 15.3x 22.6x 31.5x 27.1x 17x 17.5x 17.2x
EV / EBIT -63.8x 18.7x 26.8x 38x 33.6x 19.7x 19.9x 19.7x
EV / FCF -79.9x 13x 20.3x 22.7x 16.4x 12.5x 16.7x 15x
FCF Yield -1.25% 7.66% 4.93% 4.41% 6.1% 8% 6% 6.68%
Dividend per Share 2 - 0.005 0.0075 0.0124 0.0143 0.0148 0.0148 0.0158
Rate of return - 1.96% 0.92% 1.15% 2.6% 2.53% 2.53% 2.7%
EPS 2 -0.0424 0.0159 0.015 0.0206 0.0141 0.0242 0.0244 0.0284
Distribution rate - 31.4% 50% 60.2% 101% 61.2% 60.7% 55.6%
Net sales 1 1,211 1,473 1,339 1,340 1,702 1,533 1,547 1,639
EBITDA 1 -21.83 298 323.5 270 211 313.8 306.8 315.1
EBIT 1 -78.14 243.1 272.2 223.8 170 271 269.6 274.9
Net income 1 -214.3 80.54 75.73 104.3 71.02 125.4 128 142.2
Net Debt 1 3,363 3,262 3,178 3,043 2,931 2,367 2,407 2,461
Reference price 2 0.3200 0.2550 0.8150 1.0800 0.5500 0.5850 0.5850 0.5850
Nbr of stocks (in thousands) 5,058,476 5,058,476 5,058,476 5,058,476 5,058,476 5,058,476 - -
Announcement Date 2/23/22 2/23/23 2/27/24 2/20/25 2/26/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25x3.54x17.3x2.45% 754M
15.21x4.85x13.04x3.33% 43.29B
8.93x1.53x7.97x3.98% 30.87B
18.2x4.02x16.43x1.35% 27.75B
5.49x0.67x1.41x9.07% 26.52B
13.47x3.03x14.62x2.62% 24.47B
8.1x0.9x3.27x2.76% 20.71B
10.81x2.09x9.77x4.11% 20.48B
13.47x6.56x17.53x1.58% 19.48B
10.27x1.65x14.3x3.67% 18.72B
Average 12.89x 2.88x 11.56x 3.49% 23.3B
Weighted average by Cap. 11.92x 2.93x 10.95x 3.66%

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

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  4. Valuation UEM Sunrise