Company Valuation: QL Resources

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 14,748 12,217 14,140 14,359 17,047 13,689 - -
Change - -17.16% 15.74% 1.55% 18.72% -19.7% - -
Enterprise Value (EV) 1 15,655 13,101 15,027 15,025 17,356 13,663 13,633 13,428
Change - -16.31% 14.7% -0.01% 15.51% -21.28% -2.45% -1.5%
P/E Ratio 47.3x 56.2x 40.8x 32.8x 37.4x 30x 28.5x 26.9x
PBR 6.38x 4.94x 5.32x 4.88x 5.4x 4.03x 3.58x 3.29x
PEG - -1.9x 0.7x 1.2x 9.21x -26.74x 11.37x 4.53x
Capitalization / Revenue 3.37x 2.33x 2.26x 2.15x 2.41x 1.92x 1.78x 1.68x
EV / Revenue 3.58x 2.5x 2.4x 2.25x 2.45x 1.94x 1.77x 1.65x
EV / EBITDA 23x 22.3x 19.2x 15.8x 17.5x 14.2x 13.6x 12.8x
EV / EBIT 33.1x 36x 28x 21.8x 24.4x 20.3x 19.3x 18.2x
EV / FCF 37.8x 43.1x 40x 29.4x 28.6x 38.4x 42.2x 23.2x
FCF Yield 2.65% 2.32% 2.5% 3.4% 3.49% 2.6% 2.37% 4.31%
Dividend per Share 2 0.0233 0.0233 0.0467 0.0433 0.05 0.05 0.0518 0.0556
Rate of return 0.58% 0.7% 1.2% 1.1% 1.07% 1.35% 1.38% 1.49%
EPS 2 0.0853 0.0595 0.095 0.1199 0.1248 0.1234 0.1313 0.1391
Distribution rate 27.3% 39.2% 49.1% 36.1% 40.1% 40.5% 39.4% 39.9%
Net sales 1 4,373 5,247 6,264 6,678 7,073 7,047 7,699 8,138
EBITDA 1 679.6 588.8 781.5 950 989.5 964.1 1,004 1,050
EBIT 1 472.7 364.4 536.4 689.6 710.8 671.7 706.7 737.4
Net income 1 311.4 217.3 346.8 437.8 455.6 450.4 474 506
Net Debt 1 906.8 883.8 887.1 666.5 308.9 157 -56.16 -260.4
Reference price 2 4.040 3.347 3.873 3.933 4.670 3.740 3.740 3.740
Nbr of stocks (in thousands) 3,650,486 3,650,486 3,650,486 3,650,486 3,650,310 3,650,310 - -
Announcement Date 27/05/21 30/05/22 30/05/23 30/05/24 29/05/25 28/05/26 - -
1MYR in Million2MYR
Estimates

P/E Ratio, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
29.2x1.89x14.31x1.35% 3.36B
31.46x0.94x10.29x0.88% 12.63B
7.75x1.12x9.1x5.51% 4.63B
12.09x1.31x6.27x2.09% 2.6B
13.04x0.75x8.39x - 1.66B
10.57x1.7x5.65x5.35% 1.42B
Average 17.35x 1.29x 9.00x 3.04% 4.38B
Weighted average by Cap. 22.80x 1.16x 9.82x 2.2%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

Year-on-year evolution of the Yield

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  4. Valuation QL Resources
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