Company Valuation: ViTrox Corporation

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,408 7,227 6,892 7,586 7,535 15,159 - -
Change - -23.18% -4.64% 10.08% -0.67% 101.17% - -
Enterprise Value (EV) 1 9,187 6,929 6,565 7,294 7,219 14,804 14,695 14,537
Change - -24.58% -5.25% 11.1% -1.03% 105.09% -0.74% -1.08%
P/E 27.7x 39.5x 54x 84.2x 56.7x 61.5x 53.2x 46.2x
PBR 6.61x 8.26x 7.19x 7.45x 6.65x 11.5x 10.2x 8.74x
PEG - -0.9x -1.8x -2.9x 1.2x 0.7x 3.4x 3.1x
Capitalization / Revenue 13.8x 9.63x 12x 13.7x 8.94x 13.6x 12.1x 10.7x
EV / Revenue 13.5x 9.24x 11.4x 13.2x 8.56x 13.2x 11.7x 10.3x
EV / EBITDA 51.3x 34.2x 49.4x 82.1x 44.6x 51.6x 45.3x 40.2x
EV / EBIT 53.2x 35.7x 54x 95.9x 49.2x 54.8x 47.8x 41.8x
EV / FCF 101x 55.7x 95.3x 972x 183x 142x 73.1x 53x
FCF Yield 0.99% 1.8% 1.05% 0.1% 0.55% 0.71% 1.37% 1.89%
Dividend per Share 2 0.025 0.0208 - 0.012 0.0181 0.0321 0.0407 0.0474
Rate of return 0.5% 0.54% - 0.3% 0.45% 0.4% 0.51% 0.59%
EPS 2 0.1796 0.0968 0.0674 0.0476 0.0702 0.1301 0.1505 0.173
Distribution rate 13.9% 21.4% - 25.2% 25.8% 24.7% 27% 27.4%
Net sales 1 680.1 750.2 574.9 552.3 843.1 1,118 1,251 1,416
EBITDA 1 179.1 202.8 132.8 88.85 162 286.6 324.7 361.4
EBIT 1 172.5 194.3 121.7 76.03 146.8 270.4 307.4 347.6
Net income 1 169.7 200.8 128.3 90.36 133.2 249.5 290.1 332.5
Net Debt 1 -220.8 -297.8 -326.6 -292.3 -316.6 -354.1 -463.2 -622
Reference price 2 4.980 3.825 3.645 4.010 3.980 8.000 8.000 8.000
Nbr of stocks (in thousands) 1,889,069 1,889,312 1,890,703 1,891,835 1,893,238 1,894,820 - -
Announcement Date 2/24/22 2/23/23 2/22/24 2/27/25 2/26/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
61.51x13.25x51.65x0.4% 3.71B
21.88x12.32x18.28x0.37% 5,010B
22.11x10.78x14.65x1.15% 1,884B
42.17x17.37x25.57x0.68% 1,817B
12.67x7.68x9.29x0.06% 1,040B
5.44x3.11x3.74x0.32% 878B
97.19x16.85x62.32x-.--% 851B
-39.91x7.72x21.62x-.--% 466B
215.27x45.78x97.11x-.--% 278B
32.89x11.93x22.12x2.05% 255B
Average 47.12x 14.68x 32.63x 0.5% 1,248B
Weighted average by Cap. 30.31x 12.66x 21.99x 0.49%

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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