Company Valuation: Velesto Energy

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 985.9 1,232 1,890 1,273 2,259 2,025 - -
Change - 25% 53.33% -32.61% 77.42% -10.38% - -
Enterprise Value (EV) 1 1,274 1,674 2,123 1,204 2,119 2,109 2,208 2,235
Change - 31.32% 26.83% -43.28% 76.04% -0.5% 4.71% 1.23%
P/E -10.8x -12.3x 19x 6.13x 11.2x 19.9x 16.5x 16.6x
PBR 0.44x 0.54x 0.77x 0.5x 0.95x 0.91x 0.95x 1.04x
PEG - -1.24x -0x 0x -4.05x -0.4x 0.8x -82.06x
Capitalization / Revenue 2.61x 2.12x 1.56x 0.94x 2.51x 2.76x 2.6x 2.68x
EV / Revenue 3.38x 2.88x 1.75x 0.88x 2.36x 2.88x 2.83x 2.95x
EV / EBITDA 11.4x 15.7x 5.82x 2.23x 4.75x 6.66x 6.71x 7.01x
EV / EBIT -28.4x -30.6x 13.1x 4.11x 8.89x 16.4x 14.4x 14.9x
EV / FCF -11.5x -9.4x 8.04x 3.55x 9.14x 8.81x 10.5x 9.04x
FCF Yield -8.7% -10.6% 12.4% 28.1% 10.9% 11.3% 9.55% 11.1%
Dividend per Share 2 - - 0.0025 0.0125 - 0.0408 0.0276 0.0264
Rate of return - - 1.09% 8.06% - 16.6% 11.3% 10.8%
EPS 2 -0.0111 -0.0122 0.0121 0.0253 0.0246 0.0123 0.0148 0.0148
Distribution rate - - 20.7% 49.4% - 332% 186% 179%
Net sales 1 377.5 580.9 1,215 1,360 898.6 732.9 779.2 756.7
EBITDA 1 112.1 106.9 365 538.8 445.8 316.4 329.1 319
EBIT 1 -44.92 -54.75 161.5 293.2 238.4 128.6 153.8 150.2
Net income 1 -90.82 -100.4 99.52 207.7 202.2 111.4 136.4 137.9
Net Debt 1 288.5 441.2 233 -69.56 -140.1 83.9 183.2 210.3
Reference price 2 0.1200 0.1500 0.2300 0.1550 0.2750 0.2450 0.2450 0.2450
Nbr of stocks (in thousands) 8,215,600 8,215,600 8,215,600 8,215,622 8,215,622 8,264,506 - -
Announcement Date 2/28/22 2/27/23 2/27/24 2/27/25 2/25/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
19.93x2.88x6.66x16.63% 500M
17.39x5.43x12.3x4.29% 25.47B
70.41x3.08x9.95x4.39% 7.28B
6.73x0.83x3.24x5.03% 7.14B
18.7x2.74x7.78x-.--% 6.53B
26.94x2.96x12.94x-.--% 6.02B
24.13x3.85x8.1x2.83% 5.19B
15.41x0.54x5.23x2.92% 4.95B
-248.4x1.13x5.87x3.22% 4.74B
-66.26x1.48x6.72x2.31% 4.43B
Average -11.50x 2.49x 7.88x 4.16% 7.23B
Weighted average by Cap. 0.41x 3.30x 9.22x 3.32%

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 Velesto Energy
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