Company Valuation: Favelle Favco

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 490.4 536.5 401.7 415.8 402.2 356.1
Change - 9.39% -25.11% 3.51% -3.27% -11.47%
Enterprise Value (EV) 1 267.7 351.7 426.4 345.7 351.4 273.6
Change - 31.36% 21.23% -18.91% 1.64% -22.15%
P/E 11x 11.2x 10.4x 8.35x 7.53x 7.31x
PBR 0.66x 0.71x 0.57x 0.54x 0.51x 0.44x
PEG - 1.38x -0.5x 0.3x 1.16x -0.81x
Capitalization / Revenue 0.88x 0.88x 0.68x 0.54x 0.45x 0.45x
EV / Revenue 0.48x 0.58x 0.72x 0.45x 0.39x 0.35x
EV / EBITDA 3.04x 3.76x 4.64x 2.78x 3.09x 2.53x
EV / EBIT 4.32x 5.41x 6.82x 3.82x 4.34x 3.53x
EV / FCF 5.07x -17.2x 42.6x 3.01x -17.4x 6.2x
FCF Yield 19.7% -5.8% 2.35% 33.2% -5.75% 16.1%
Dividend per Share 2 0.08 0.08 0.89 0.09 0.09 0.09
Rate of return 3.65% 3.32% 51.7% 5.06% 5.26% 5.96%
EPS 2 0.1987 0.2148 0.1655 0.2133 0.2272 0.2066
Distribution rate 40.3% 37.2% 538% 42.2% 39.6% 43.6%
Net sales 1 554.5 610.2 594.8 765.2 901.1 787.1
EBITDA 1 87.99 93.55 91.8 124.2 113.6 108
EBIT 1 61.98 64.99 62.55 90.61 81.01 77.46
Net income 1 44.5 48.12 38.69 50.55 53.87 48.91
Net Debt 1 -222.7 -184.8 24.62 -70.09 -50.84 -82.54
Reference price 2 2.190 2.410 1.720 1.780 1.710 1.510
Nbr of stocks (in thousands) 223,935 222,600 233,568 233,610 235,228 235,836
Announcement Date 31/05/21 27/04/22 27/04/23 26/04/24 29/04/25 29/04/26
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 91.45M
31.61x5.36x23.74x0.73% 389B
37.9x5.83x31.79x0.96% 185B
15.17x1.16x7.5x4.92% 63.8B
18.33x1.7x13.88x2.97% 57.73B
31.25x4.32x18.2x0.42% 48.57B
16.92x1.71x9.72x2.57% 42.39B
10.91x1.05x10.4x4.74% 34.79B
32.14x4.67x18.61x1.56% 30.17B
12.05x0.39x4.03x4.08% 25.38B
Average 22.92x 2.91x 15.32x 2.55% 87.68B
Weighted average by Cap. 28.77x 4.34x 21.35x 1.59%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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