Company Valuation: RHB Bank

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 22,247 24,592 23,361 28,249 33,630 32,606 - -
Change - 10.54% -5.01% 20.93% 19.05% -3.05% - -
Enterprise Value (EV) 22,247 24,592 23,361 28,249 33,630 32,606 32,606 32,606
Change - 10.54% -5.01% 20.93% 19.05% -3.05% 0% 0%
P/E 8.3x 8.95x 8.32x 9.03x 10x 9.58x 9.03x 8.49x
PBR 0.79x 0.86x 0.76x 0.87x 0.98x 0.92x 0.89x 0.85x
PEG - - 6.41x 0.95x 1.41x 7.04x 1.46x 1.35x
Capitalization / Revenue 2.86x 2.96x 3.01x 3.28x 3.83x 3.59x 3.38x 3.22x
EV / Revenue 0x 0x 0x 0x 0x 3.59x 3.38x 3.22x
EV / EBITDA - - - - - - - -
EV / EBIT 0x 0x 0x 0x 0x 6.78x 6.32x 5.97x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.4 0.4 0.4 0.43 0.5 0.4886 0.5231 0.5618
Rate of return 7.45% 6.91% 7.34% 6.64% 6.49% 6.54% 7% 7.52%
EPS 2 0.647 0.647 0.6554 0.718 0.7689 0.7794 0.8276 0.8794
Distribution rate 61.8% 61.8% 61% 59.9% 65% 62.7% 63.2% 63.9%
Net sales 1 7,789 8,309 7,770 8,605 8,774 9,095 9,638 10,141
EBITDA - - - - - - - -
EBIT 1 4,266 4,592 4,081 4,583 4,620 4,808 5,161 5,465
Net income 1 2,618 2,708 2,806 3,120 3,363 3,402 3,609 3,830
Net Debt - - - - - - - -
Reference price 2 5.370 5.790 5.450 6.480 7.710 7.470 7.470 7.470
Nbr of stocks (in thousands) 4,142,919 4,247,374 4,286,348 4,359,490 4,361,914 4,364,897 - -
Announcement Date 28/02/22 27/02/23 27/02/24 27/02/25 27/02/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
9.47x - - 6.62% 7.9B
13.62x - - 1.88% 901B
6.25x - - 4.97% 430B
6.82x - - 4.66% 382B
11.58x - - 2.35% 352B
6.3x - - 4.93% 341B
6.76x - - 4.73% 316B
10.75x - - 4.91% 295B
17.65x - - 2.39% 283B
11.4x - - 2.27% 251B
Average 10.06x 3.97% 355.95B
Weighted average by Cap. 10.40x 3.47%

Y-o-Y evolution of P/E

Valuation ratios - P/E - RHB Bank

Historical PBR trend

Valuation ratios - PBR - RHB Bank

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - RHB Bank

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - RHB Bank


Year-on-year evolution of the Yield

Valuation ratios - Yield - RHB Bank