Company Valuation: Gamuda

Data adjusted to current consolidation scope
Fiscal Period: July 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,038 9,577 11,450 21,814 29,995 26,063 - -
Change - 36.08% 19.55% 90.52% 37.5% -13.11% - -
Enterprise Value (EV) 1 8,728 10,775 14,196 26,259 36,416 33,925 34,772 35,066
Change - 23.46% 31.75% 84.97% 38.68% -6.84% 2.5% 0.85%
P/E 12x 11.8x 6.33x 24.5x 30.2x 24.4x 19.4x 15x
PBR 0.77x 0.97x 1.06x 1.92x 2.5x 2.03x 1.92x 1.78x
PEG - 0.3x 0x -0.5x 4.43x 5.26x 0.8x 0.5x
Capitalization / Revenue 2x 1.86x 1.38x 1.63x 1.88x 1.5x 1.21x 0.98x
EV / Revenue 2.48x 2.09x 1.71x 1.97x 2.28x 1.96x 1.61x 1.31x
EV / EBITDA 10.8x 11x 13.2x 23.7x 23.7x 20.6x 16.5x 13.6x
EV / EBIT 14.9x 14.6x 14.9x 27.8x 27.2x 23.5x 18.7x 15.4x
EV / FCF 10.6x -137x -11x -171x -382x 24.4x -43.2x 44.6x
FCF Yield 9.44% -0.73% -9.08% -0.58% -0.26% 4.1% -2.32% 2.24%
Dividend per Share 2 - 0.06 0.25 0.08 0.2 0.0963 0.1043 0.1292
Rate of return - 3.2% 11.6% 2.04% 3.86% 2.2% 2.39% 2.96%
EPS 2 0.117 0.1586 0.3398 0.1606 0.1715 0.1795 0.2257 0.292
Distribution rate - 37.8% 73.6% 49.8% 117% 53.7% 46.2% 44.3%
Net sales 1 3,517 5,163 8,281 13,347 15,970 17,339 21,601 26,726
EBITDA 1 811.3 978 1,073 1,108 1,536 1,649 2,108 2,571
EBIT 1 586.1 737.1 953.9 945.2 1,337 1,447 1,859 2,272
Net income 1 588.3 806.2 1,838 912.1 1,003 1,048 1,353 1,750
Net Debt 1 1,690 1,198 2,746 4,445 6,422 7,862 8,709 9,003
Reference price 2 1.400 1.875 2.150 3.930 5.180 4.370 4.370 4.370
Nbr of stocks (in thousands) 5,027,057 5,107,862 5,325,472 5,550,607 5,790,500 5,963,981 - -
Announcement Date 29/09/21 29/09/22 27/09/23 26/09/24 19/09/25 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.4x1.9x19.96x2.29% 6.38B
73.78x3.17x31.02x0.06% 108B
13.99x1.15x6.32x4.19% 77.39B
45.16x5.62x31.21x0.15% 69.65B
27.45x2.08x20.15x1.14% 60.29B
58.56x4.89x31.34x1.44% 49.38B
37.04x0.87x14.79x1.71% 43.58B
30.36x0.61x9.73x1.98% 38.99B
27.89x1.81x17.47x0.17% 36.88B
4.45x0.29x6.17x6.38% 26.4B
Average 34.21x 2.24x 18.82x 1.95% 51.7B
Weighted average by Cap. 40.31x 2.59x 20.76x 1.59%

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