Company Valuation: Hartalega Holdings

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 16,575 6,493 9,386 6,451 3,919 3,714 - -
Change - -60.82% 44.56% -31.27% -39.26% -5.22% - -
Enterprise Value (EV) 1 14,435 4,918 8,026 5,535 2,774 2,655 2,568 2,472
Change - -65.93% 63.18% -31.04% -49.87% -4.29% -3.27% -3.75%
P/E 5.12x -29.8x 743x 86.7x 38.1x 24.4x 22.5x 20.2x
PBR 3.23x 1.4x 2.02x 1.5x 0.88x 0.84x 0.82x 0.81x
PEG - 0x -7x 0x 1x 0.5x 2.74x 1.8x
Capitalization / Revenue 2.1x 2.7x 5.11x 2.49x 1.84x 1.44x 1.38x 1.31x
EV / Revenue 1.83x 2.04x 4.37x 2.14x 1.3x 1.03x 0.95x 0.87x
EV / EBITDA 3.06x 14.3x 45x 27.2x 10.9x 7.48x 6.8x 6.03x
EV / EBIT 3.16x 27.2x 174x 104x 30.3x 14.5x 12.7x 11x
EV / FCF 5.02x -14.3x -36x -68.2x 14.1x 21.1x 12.1x 11.7x
FCF Yield 19.9% -7.02% -2.78% -1.47% 7.08% 4.74% 8.29% 8.58%
Dividend per Share 2 0.57 - - 0.1141 - 0.028 0.0317 0.0359
Rate of return 11.8% - - 6.04% - 2.57% 2.91% 3.3%
EPS 2 0.9464 -0.0638 0.0037 0.0218 0.0302 0.0447 0.0484 0.0539
Distribution rate 60.2% - - 523% - 62.8% 65.6% 66.6%
Net sales 1 7,888 2,408 1,838 2,586 2,135 2,583 2,697 2,826
EBITDA 1 4,722 344 178.2 203.9 255.4 355 378 410.2
EBIT 1 4,570 180.8 46.11 53.2 91.67 182.7 202.8 224.6
Net income 1 3,235 -218 12.72 74.54 103 166.4 178.9 194.5
Net Debt 1 -2,139 -1,575 -1,361 -916.3 -1,144 -1,059 -1,146 -1,242
Reference price 2 4.850 1.900 2.750 1.890 1.150 1.090 1.090 1.090
Nbr of stocks (in thousands) 3,417,462 3,417,462 3,413,262 3,413,262 3,407,462 3,407,462 - -
Announcement Date 10/05/22 09/05/23 21/05/24 06/05/25 05/05/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
25.06x1.07x7.77x2.5% 934M
30.38x4.03x15.56x2.5% 178B
20.17x3.63x13.01x2.99% 121B
21.93x4.3x15.02x1.28% 108B
26.23x2.58x10.35x2.73% 75.7B
18.44x0.21x13.38x0.71% 64.15B
30.93x7.69x19.79x1.29% 53.49B
36.4x3.49x11.96x2.08% 51.45B
35.83x8.9x24.94x-.--% 41.68B
33.54x5.88x18.45x-.--% 31.5B
Average 27.89x 4.18x 15.02x 1.61% 72.56B
Weighted average by Cap. 26.85x 4.10x 15.03x 1.89%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Hartalega Holdings

Historical PBR trend

Valuation ratios - PBR - Hartalega Holdings

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Hartalega Holdings

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Hartalega Holdings


Year-on-year evolution of the Yield

Valuation ratios - Yield - Hartalega Holdings
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