Valuation White Horse

Stocks

Market Closed - BURSA MALAYSIA 04:50:02 2026-09-29 EDT			5-day change	1st Jan Change
0.4850 ^MYR	-3.00%		-2.02%	-23.02%

09-01	White Horse Berhad Announces Cessation of Liao, Hung-Chang as Non Independent and Non Executive Member of the Nomination Committee, Effective September 1, 2026	CI
09-01	White Horse Berhad Announces Redesignation of Liao, Hung-Chang from A Non-Independent Non-Executive Director to the Group Chief Executive Officer, Effective 1 September 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	146.9	140	134.5	138.9	158.8	138.9
Change	-	-4.66%	-3.94%	3.28%	14.29%	-12.5%
Enterprise Value (EV) ¹	153.9	32.19	92.47	62.93	84.22	31.95
Change	-	-79.08%	187.26%	-31.94%	33.83%	-62.07%
P/E	-2.66x	8.56x	170x	-8.38x	-14.6x	-19x
PBR	0.25x	0.23x	0.23x	0.24x	0.28x	0.25x
PEG	-	-0x	-1.8x	0x	0.4x	0.6x
Capitalization / Revenue	0.36x	0.35x	0.33x	0.33x	0.36x	0.37x
EV / Revenue	0.38x	0.08x	0.22x	0.15x	0.19x	0.08x
EV / EBITDA	-4.79x	-1.44x	5.99x	-8.03x	52.2x	39.7x
EV / EBIT	-2.33x	-0.66x	-10.8x	-2.93x	-8.12x	-3.01x
EV / FCF	3.54x	0.37x	-1.65x	2.05x	5.6x	1.38x
FCF Yield	28.2%	267%	-60.8%	48.8%	17.9%	72.6%
Dividend per Share ²	-	0.03	-	-	-	-
Rate of return	-	4.72%	-	-	-	-
EPS ²	-0.2427	0.0742	0.003591	-0.0752	-0.0492	-0.0332
Distribution rate	-	40.4%	-	-	-	-
Net sales ¹	410	399.8	413.6	421.7	438.5	380.5
EBITDA ¹	-32.1	-22.34	15.44	-7.833	1.612	0.805
EBIT ¹	-66	-48.63	-8.531	-21.5	-10.37	-10.61
Net income ¹	-55.27	16.74	0.792	-16.58	-10.86	-7.327
Net Debt ¹	6.978	-107.8	-42.05	-76	-74.56	-107
Reference price ²	0.6450	0.6350	0.6100	0.6300	0.7200	0.6300
Nbr of stocks (in thousands)	227,711	220,526	220,526	220,526	220,526	220,526
Announcement Date	4/26/21	4/25/22	4/26/23	4/29/24	4/29/25	4/27/26

¹MYR in Million²MYR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
WHITE HORSE	-	-	-	-	26.97M
KINGSPAN GROUP PLC	22.77x	1.94x	14.07x	0.64%	20.11B
INTERFACE, INC.	14.59x	-	-	0.34%	2.03B
FORBO HOLDING AG	18.15x	1.14x	8.68x	2.7%	1.61B
MONALISA GROUP CO.,LTD	31.09x	-	-	13.24%	644M
Average	21.65x	1.54x	11.37x	4.23%	4.89B
Weighted average by Cap.	22.00x	1.88x	13.67x	1.09%