Company Valuation: Kretam Holdings

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 1,338 1,303 1,383 1,383 1,334 1,561
Change - -2.66% 6.15% -0.02% -3.53% 16.99%
Enterprise Value (EV) 1 1,328 1,317 1,334 1,349 1,281 1,442
Change - -0.85% 1.3% 1.11% -5.01% 12.55%
P/E 26.6x 8.5x 12.9x 12.8x 7.64x 24.5x
PBR 2.12x 1.76x 1.7x 1.54x 1.28x 1.46x
PEG - 0x -0.4x 17.72x 0.1x -0.4x
Capitalization / Revenue 2.84x 1.66x 1.62x 1.76x 1.83x 2x
EV / Revenue 2.82x 1.68x 1.57x 1.72x 1.76x 1.85x
EV / EBITDA 13.7x 6.46x 8.34x 7.6x 7.85x 7.18x
EV / EBIT 24.8x 8.17x 11.5x 9.94x 10.7x 9.18x
EV / FCF 21.2x -101x 21.8x 23.1x 23.6x 24.5x
FCF Yield 4.72% -0.99% 4.58% 4.33% 4.23% 4.08%
Dividend per Share 2 0.02 0.01 0.01 0.015 0.005 0.015
Rate of return 3.48% 1.79% 1.67% 2.5% 0.86% 2.21%
EPS 2 0.0216 0.0659 0.0467 0.047 0.0759 0.0278
Distribution rate 92.6% 15.2% 21.4% 31.9% 6.59% 54%
Net sales 1 470.7 785.6 851.1 784.3 730.1 779
EBITDA 1 97.02 203.8 160.1 177.5 163.2 200.8
EBIT 1 53.51 161.2 116 135.7 120 157.2
Net income 1 50.37 153.3 108.1 108.3 174.8 63.86
Net Debt 1 -9.927 14.33 -48.66 -33.63 -52.47 -118.3
Reference price 2 0.5750 0.5600 0.6000 0.6000 0.5800 0.6800
Nbr of stocks (in thousands) 2,327,627 2,326,497 2,304,935 2,304,555 2,299,919 2,295,078
Announcement Date 28/05/21 29/04/22 28/04/23 29/04/24 28/04/25 30/04/26
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 375M
17.67x2.31x9.91x2.82% 11.38B
20.44x2.73x15.24x2.4% 7.48B
14.36x1.19x9.57x2.94% 5.45B
12.34x3.22x7.9x4.69% 5.34B
13.43x2.01x6.77x5.42% 2.79B
9x2.95x7.5x9.78% 2.17B
9.93x1.93x4.58x3.81% 1.25B
Average 13.88x 2.34x 8.78x 4.55% 4.53B
Weighted average by Cap. 15.83x 2.37x 10.09x 3.69%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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