Company Valuation: MESB

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 20.5 46.44 56.4 64.93 89.46 51.22
Change - 126.55% 21.45% 15.14% 37.78% -42.74%
Enterprise Value (EV) 1 12.99 19.24 -2.874 10.13 30.71 -9.872
Change - 48.14% -114.94% 452.52% 203.13% -132.15%
P/E -0.73x 5.37x 9.21x 4.9x 8.68x 10.7x
PBR 0.3x 0.57x 0.62x 0.61x 0.76x 0.42x
PEG - -0x -0.3x 0.1x -0.4x -0.2x
Capitalization / Revenue 0.14x 0.34x 0.28x 0.41x 0.48x 0.25x
EV / Revenue 0.09x 0.14x -0.01x 0.06x 0.16x -0.05x
EV / EBITDA 6.6x 1.87x -0.25x 0.52x 1.35x -0.86x
EV / EBIT 47.6x 2.18x -0.28x 0.55x 1.55x -0.99x
EV / FCF 0.85x 1.58x -0.09x -0.52x 3.32x -2.29x
FCF Yield 117% 63.2% -1,055% -193% 30.1% -43.7%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.3071 0.081 0.0543 0.0918 0.0714 0.0331
Distribution rate - - - - - -
Net sales 1 147.8 136.6 198.5 159.2 187.4 207.9
EBITDA 1 1.969 10.31 11.37 19.64 22.74 11.49
EBIT 1 0.273 8.821 10.13 18.5 19.88 9.935
Net income 1 -26.78 9.202 6.669 12.2 10.31 4.776
Net Debt 1 -7.509 -27.2 -59.27 -54.8 -58.75 -61.1
Reference price 2 0.2250 0.4350 0.5000 0.4500 0.6200 0.3550
Nbr of stocks (in thousands) 91,100 106,750 112,792 144,294 144,294 144,294
Announcement Date 30/10/20 29/10/21 07/10/22 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.($)
- - - - 20.94M
24.68x3.8x13.44x3.61% 192B
47.9x5.88x24.53x0.78% 149B
29.95x2.85x19.07x0.77% 74.89B
44.44x2.72x10.67x1.39% 35.4B
20.78x3.75x14.99x1.13% 28.58B
21.14x1.42x8.05x4.44% 27.25B
18.75x2.59x11.52x1.91% 22.84B
29.83x1.73x14.68x-.--% 21.48B
14.21x1.71x7.17x4.57% 9.79B
Average 27.96x 2.94x 13.79x 2.07% 56.08B
Weighted average by Cap. 32.20x 3.87x 16.64x 2.06%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA