Valuation Hap Seng Consolidated

Stocks

Delayed BURSA MALAYSIA 10:51:55 10/11/2026 +04			5-day change	1st Jan Change
2.500 ^MYR	-0.79%		-1.57%	-11.97%

09-28	Low Kok Ann, Low See Ching and Audrey Low Bee Lan proposed to acquire remaining 50.81% stake in Hafary Holdings Limited from Hap Seng Consolidated Berhad and others for approximately SGD 140 million.	CI
09-28	Hap Seng Consolidated Berhad Plans to Dispose of Hafary Holdings Limited Stake Under Voluntary Conditional Takeover Offer by 23 Capital Pte Ltd	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	21,411	19,170	15,934	11,328	8,714	7,071
Change	-	-10.47%	-16.88%	-28.91%	-23.08%	-18.86%
Enterprise Value (EV) ¹	24,981	22,540	20,282	14,824	12,368	11,038
Change	-	-9.77%	-10.02%	-26.91%	-16.57%	-10.75%
P/E	28.5x	21.3x	16.8x	14.2x	13.4x	14.1x
PBR	2.86x	2.55x	2.08x	1.44x	1.09x	0.89x
PEG	-	1.1x	3.01x	-0.9x	-0.7x	-0.6x
Capitalization / Revenue	3.66x	3.19x	2.24x	1.86x	1.55x	1.38x
EV / Revenue	4.27x	3.75x	2.85x	2.44x	2.2x	2.16x
EV / EBITDA	18x	13.1x	17.1x	17.5x	8.63x	9.1x
EV / EBIT	20.1x	14.2x	19.4x	21.6x	9.73x	10.6x
EV / FCF	35x	14.4x	30.4x	19.2x	24.3x	21.4x
FCF Yield	2.86%	6.93%	3.29%	5.21%	4.12%	4.67%
Dividend per Share ²	0.25	0.35	0.3	0.25	0.2	0.2
Rate of return	2.91%	4.55%	4.69%	5.49%	5.71%	7.04%
EPS ²	0.3013	0.3617	0.3818	0.3215	0.2613	0.201
Distribution rate	83%	96.8%	78.6%	77.8%	76.5%	99.5%
Net sales ¹	5,850	6,013	7,110	6,086	5,631	5,107
EBITDA ¹	1,390	1,724	1,186	846.5	1,432	1,213
EBIT ¹	1,240	1,591	1,044	685.1	1,271	1,037
Net income ¹	750.2	900.4	950.7	800.3	650.5	500.3
Net Debt ¹	3,570	3,370	4,348	3,496	3,654	3,968
Reference price ²	8.600	7.700	6.400	4.550	3.500	2.840
Nbr of stocks (in thousands)	2,489,670	2,489,670	2,489,670	2,489,670	2,489,670	2,489,670
Announcement Date	27/04/21	28/04/22	27/04/23	30/04/24	30/04/25	28/04/26

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 (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
HAP SENG CONSOLIDATED	-	-	-	-	1.55B
BERKSHIRE HATHAWAY INC.	26.78x	-	-	-.--%	1,218B
HITACHI, LTD.	21.52x	1.69x	10.17x	1.28%	133B
3M COMPANY	24.52x	4.18x	14.18x	1.7%	97.47B
ILLINOIS TOOL WORKS INC.	24.96x	5.33x	18.18x	2.24%	81.49B
HONEYWELL INTERNATIONAL INC.	10.32x	4.15x	18.86x	2.25%	72.68B
MITSUBISHI HEAVY INDUSTRIES, LTD.	21.56x	1.65x	12.58x	0.98%	65.14B
MITSUBISHI ELECTRIC CORPORATION	18.21x	1.45x	10.05x	1.33%	62.47B
DSM-FIRMENICH	53.03x	3.21x	16.49x	2.34%	29.64B
Average	25.11x	3.09x	14.36x	1.52%	196B
Weighted average by Cap.	25.43x	3.06x	13.88x	0.51%