Company Valuation: Global Oriental

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 154.6 90.94 106.8 86.39 61.38 45.47
Change - -41.18% 17.5% -19.15% -28.95% -25.93%
Enterprise Value (EV) 1 253.8 283 328.7 267.1 219.7 210.4
Change - 11.54% 16.13% -18.74% -17.73% -4.22%
P/E 11.1x 6.29x 9.39x 15.7x 36.9x 8.76x
PBR 0.58x 0.36x 0.4x 0.34x 0.24x 0.17x
PEG - 1.55x -0.4x -0.3x -0.5x 0x
Capitalization / Revenue 0.37x 0.22x 0.27x 0.44x 0.28x 0.3x
EV / Revenue 0.61x 0.67x 0.84x 1.36x 1.02x 1.39x
EV / EBITDA 14.8x 12.9x 8.28x 13.8x 7.7x 7.28x
EV / EBIT 15.7x 13.6x 9.41x 21.3x 11.3x 10.5x
EV / FCF 1.69x 12.6x 3.19x -322x 32.2x 8.76x
FCF Yield 59.1% 7.96% 31.3% -0.31% 3.11% 11.4%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0306 0.0318 0.025 0.0121 0.003661 0.0114
Distribution rate - - - - - -
Net sales 1 419 421.4 392.6 196.9 215.7 151.8
EBITDA 1 17.12 21.98 39.68 19.31 28.53 28.91
EBIT 1 16.13 20.78 34.94 12.56 19.44 19.98
Net income 1 13.9 14.46 11.38 5.511 1.665 5.189
Net Debt 1 99.16 192.1 221.8 180.7 158.3 165
Reference price 2 0.3400 0.2000 0.2350 0.1900 0.1350 0.1000
Nbr of stocks (in thousands) 454,677 454,677 454,677 454,677 454,677 454,677
Announcement Date 27/08/21 29/07/22 31/07/23 31/07/24 30/07/25 29/07/26
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 10.01M
15.07x4.79x12.88x3.36% 42.85B
8.64x1.5x7.82x4.11% 29.87B
19.16x4.05x16.54x1.3% 29.17B
5.84x0.68x1.41x8.62% 27.91B
13.76x3.05x14.62x2.55% 25.28B
8.35x0.93x3.37x2.68% 21.36B
8.86x2.28x7.02x3.94% 20.88B
14.22x6.72x18.27x1.5% 20.67B
10.12x1.64x14.19x3.73% 18.43B
Average 11.56x 2.85x 10.68x 3.53% 23.64B
Weighted average by Cap. 11.92x 2.96x 10.72x 3.59%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Global Oriental