Company Valuation: Malton

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 195.4 253.5 206 208.6 224.5 195.1
Change - 29.73% -18.75% 1.28% 7.59% -13.09%
Enterprise Value (EV) 1 539.3 769 604.8 791.2 565.1 558.3
Change - 42.6% -21.36% 30.83% -28.58% -1.2%
P/E 10.8x 96.8x 2.7x -2.5x 7.54x 18.9x
PBR 0.21x 0.27x 0.21x 0.23x 0.24x 0.2x
PEG - -1.1x 0x 0x -0x -0.3x
Capitalization / Revenue 0.11x 0.25x 0.32x 0.25x 0.33x 0.36x
EV / Revenue 0.3x 0.77x 0.94x 0.95x 0.83x 1.03x
EV / EBITDA 6.49x 51x 7.03x -17.9x 9.03x 12.4x
EV / EBIT 7.1x 94.2x 7.79x -16.1x 9.61x 13.4x
EV / FCF 0.53x -12.2x 3.44x -2.35x 2.9x 11.3x
FCF Yield 190% -8.17% 29.1% -42.5% 34.5% 8.88%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0342 0.00496 0.1443 -0.1577 0.0564 0.018
Distribution rate - - - - - -
Net sales 1 1,809 999.2 645.2 831.9 684.7 542.2
EBITDA 1 83.12 15.06 86 -44.31 62.6 44.92
EBIT 1 75.98 8.166 77.62 -49.16 58.83 41.54
Net income 1 18.09 2.62 76.23 -83.29 29.79 9.854
Net Debt 1 343.9 515.5 398.8 582.6 340.6 363.2
Reference price 2 0.3700 0.4800 0.3900 0.3950 0.4250 0.3400
Nbr of stocks (in thousands) 528,141 528,141 528,141 528,141 528,141 573,741
Announcement Date 30/10/20 29/10/21 31/10/22 31/10/23 30/10/24 31/10/25
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 31.6M
16x5.02x13.52x3.17% 45.53B
8.59x1.49x7.62x4.11% 30.19B
19.43x4.08x16.67x1.28% 29.4B
5.54x0.58x1.2x9.09% 26.47B
14.43x3.12x14.95x2.44% 26.35B
9.06x2.34x7.19x3.85% 21.35B
14.46x6.71x17.95x1.47% 20.88B
7.79x0.86x3.14x2.87% 19.93B
10.35x1.66x14.35x3.65% 18.86B
Average 11.74x 2.87x 10.73x 3.55% 23.9B
Weighted average by Cap. 12.27x 3.05x 10.98x 3.56%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA