Company Valuation: Leform

Data adjusted to current consolidation scope
Fiscal Period: December 2022 2023 2024 2025
Market Cap 1 318.4 651.6 199.9 259.2
Change - 104.65% -69.32% 29.63%
Enterprise Value (EV) 1 479.1 825.2 367.6 407.2
Change - 72.23% -55.45% 10.76%
P/E -35.2x -131x 82.6x -49.4x
PBR 1.37x 3.05x 0.91x 1.21x
PEG 0x 2.9x -1x 0x
Capitalization / Revenue 0.85x 1.76x 0.49x 0.8x
EV / Revenue 1.28x 2.23x 0.91x 1.26x
EV / EBITDA 1,241x -6,204x 24.5x 31x
EV / EBIT -92.5x -106x 48x 82.9x
EV / FCF -4.53x -160x 38.7x 14x
FCF Yield -22.1% -0.62% 2.59% 7.15%
Dividend per Share 2 - - - -
Rate of return - - - -
EPS 2 -0.0061 -0.003349 0.001634 -0.003546
Distribution rate - - - -
Net sales 1 373.4 370 404.4 322.8
EBITDA 1 0.386 -0.133 15.03 13.12
EBIT 1 -5.177 -7.788 7.652 4.91
Net income 1 -7.259 -4.96 2.421 -5.253
Net Debt 1 160.7 173.5 167.7 148
Reference price 2 0.2150 0.4400 0.1350 0.1750
Nbr of stocks (in thousands) 1,481,013 1,481,013 1,481,013 1,481,013
Announcement Date 28/04/23 30/04/24 30/04/25 30/04/26
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 61.81M
19.77x1.46x10.16x2.23% 2.97B
7.94x0.23x9.05x3.87% 2.08B
9.87x - - - 1.52B
10.69x - - - 821M
Average 12.07x 0.84x 9.60x 3.05% 1.49B
Weighted average by Cap. 13.39x 0.95x 9.70x 2.91%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA