Company Valuation: Nestcon

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025
Market Cap 1 251.1 297.7 255.8 300.2 242
Change - 18.58% -14.09% 17.36% -19.39%
Enterprise Value (EV) 1 223.9 395.9 409.6 443 363.2
Change - 76.8% 3.45% 8.15% -18%
P/E 18.1x -18.8x 72.9x 37.9x 20.3x
PBR 1.97x 2.45x 1.97x 2.02x 1.41x
PEG -0.2x 0x -1x 0x 0.5x
Capitalization / Revenue 0.7x 0.65x 0.33x 0.36x 0.33x
EV / Revenue 0.63x 0.86x 0.53x 0.53x 0.5x
EV / EBITDA 10.1x -86.8x 16.8x 11.3x 7.43x
EV / EBIT 12.7x -33.5x 26.9x 20.7x 13x
EV / FCF -22.6x -4.18x -8.62x 24.7x 5.17x
FCF Yield -4.43% -23.9% -11.6% 4.05% 19.4%
Dividend per Share 2 - - - - -
Rate of return - - - - -
EPS 2 0.0216 -0.0237 0.005143 0.0111 0.0158
Distribution rate - - - - -
Net sales 1 358.3 461.5 775.1 838.1 723.8
EBITDA 1 22.21 -4.561 24.37 39.3 48.88
EBIT 1 17.57 -11.83 15.21 21.37 27.99
Net income 1 12.21 -15.35 3.492 7.859 11.49
Net Debt 1 -27.18 98.15 153.8 142.8 121.2
Reference price 2 0.3900 0.4450 0.3750 0.4200 0.3200
Nbr of stocks (in thousands) 643,822 669,072 682,072 714,704 756,204
Announcement Date 29/04/22 28/04/23 30/04/24 30/04/25 30/04/26
1MYR in Million2MYR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 90.58M
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
Average 11.91x 3.03x 10.28x 3.54% 24.47B
Weighted average by Cap. 12.43x 3.17x 10.69x 3.55%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA