Valuation PBA Holdings

Stocks

Market Closed - BURSA MALAYSIA Other stock markets 12:57:19 16/07/2026 +04			5-day change	1st Jan Change
2.030 ^MYR	+2.01%		+2.01%	+7.41%

07-14	PBA Holdings, Gamuda Extend Deadline for Penang Bulk Water Supply Agreement	MT
06-16	PBA Holdings Bhd Announces Retirement of Dato' Agatha Foo Tet Sin as Member of Nomination and Remuneration Committee, Effective June 16, 2026	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	286.3	274.7	251.6	483.3	741.4	625.6
Change	-	-4.05%	-8.43%	92.1%	53.42%	-15.63%
Enterprise Value (EV) ¹	424.4	375.8	299.6	478.7	684.6	595.2
Change	-	-11.45%	-20.29%	59.82%	43.01%	-13.07%
P/E	11.6x	7.48x	3.26x	14.1x	5.14x	5.46x
PBR	0.41x	0.37x	0.28x	0.52x	0.7x	0.54x
PEG	-	0.2x	0x	-0.3x	0x	-0.3x
Capitalization / Revenue	0.85x	0.82x	0.72x	1.14x	1.41x	1.1x
EV / Revenue	1.26x	1.12x	0.86x	1.13x	1.3x	1.05x
EV / EBITDA	3.95x	3.61x	2.89x	3.35x	3.02x	2.45x
EV / EBIT	9.51x	9.15x	7.26x	5.94x	4.34x	3.59x
EV / FCF	-256x	9.46x	4.73x	8.14x	17.5x	-23.1x
FCF Yield	-0.39%	10.6%	21.1%	12.3%	5.73%	-4.33%
Dividend per Share ²	0.0225	0.0225	0.03	0.035	0.045	0.05
Rate of return	2.6%	2.71%	3.95%	2.4%	2.01%	2.65%
EPS ²	0.0748	0.111	0.233	0.1038	0.4356	0.3461
Distribution rate	30.1%	20.3%	12.9%	33.7%	10.3%	14.4%
Net sales ¹	336.3	334.8	348	423.6	527.6	568.4
EBITDA ¹	107.4	104.2	103.8	143.1	226.8	243.1
EBIT ¹	44.63	41.1	41.28	80.55	157.6	165.7
Net income ¹	24.76	36.74	77.12	34.35	144.2	114.5
Net Debt ¹	138.1	101.1	47.99	-4.511	-56.78	-30.41
Reference price ²	0.865	0.830	0.760	1.460	2.240	1.890
Nbr of stocks (in thousands)	330,998	330,998	330,997	330,996	330,995	330,994
Announcement Date	30/04/21	29/04/22	28/04/23	30/04/24	30/04/25	30/04/26

¹MYR in Million²MYR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
PBA HOLDINGS	-	-	-	-	161M
AMERICAN WATER WORKS COMPANY, INC.	21.24x	7.66x	13.28x	2.73%	25.23B
GUANGDONG INVESTMENT LIMITED	10.43x	2.86x	5.39x	6.2%	6.46B
COMPANHIA DE SANEAMENTO DE MINAS GERAIS	19.38x	4.08x	9.76x	2.52%	4.88B
BEIJING ENTERPRISES WATER GROUP LIMITED	13.51x	4.21x	13.17x	7.5%	3.02B
H2O AMERICA	22.27x	5.53x	13.61x	2.82%	2.62B
COMPANHIA DE SANEAMENTO DO PARANÁ - SANEPAR	8.4x	2.25x	5.47x	4.37%	2.22B
WATERBRIDGE INFRASTRUCTURE LLC	383.67x	3.72x	7.27x	0.59%	1.62B
MANILA WATER COMPANY, INC.	6.46x	5.81x	8.51x	6.14%	1.67B
Average	60.67x	4.52x	9.56x	4.11%	5.32B
Weighted average by Cap.	30.37x	5.86x	11.13x	3.61%