Company Valuation: Sern Kou Resources

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 311.7 416.8 588.5 636.1 981.1 884
Change - 33.72% 41.2% 8.09% 54.24% -9.89%
Enterprise Value (EV) 1 378.1 448.2 604.8 633.6 1,027 944.5
Change - 18.54% 34.94% 4.76% 62.13% -8.06%
P/E 21.7x 30.2x 76.4x 421x -70.4x -150x
PBR 2.83x 2.23x 2.9x 2.73x 4.49x 4.15x
PEG - -4.34x -1.6x -5x 0x 2.6x
Capitalization / Revenue 1.04x 1.28x 1.74x 1.67x 1.99x 1.82x
EV / Revenue 1.26x 1.38x 1.79x 1.66x 2.08x 1.94x
EV / EBITDA 14.1x 15.4x 29.9x 97.5x -145x 657x
EV / EBIT 15.5x 17.3x 36.3x 201x -100x -617x
EV / FCF -29.3x 16.1x 235x -36.9x -27.9x -77.2x
FCF Yield -3.41% 6.21% 0.43% -2.71% -3.59% -1.3%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 0.0187 0.0174 0.0091 0.0014 -0.0129 -0.005457
Distribution rate - - - - - -
Net sales 1 300.1 324.7 338.3 380.6 493.8 486.7
EBITDA 1 26.91 29.04 20.2 6.497 -7.064 1.437
EBIT 1 24.46 25.98 16.68 3.155 -10.25 -1.53
Net income 1 16.94 17.56 9.213 1.302 -13.94 -5.884
Net Debt 1 66.44 31.44 16.32 -2.465 46.21 60.45
Reference price 2 0.4067 0.5250 0.6950 0.5900 0.9100 0.8200
Nbr of stocks (in thousands) 766,455 793,875 846,757 1,078,098 1,078,098 1,078,098
Announcement Date 27/10/20 27/10/21 27/10/22 26/10/23 24/10/24 23/10/25
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 213M
23.78x2.33x13.29x0.98% 14.62B
11.16x0.78x5.56x5.77% 2.75B
5.85x0.35x4.84x3.5% 1.59B
13.19x2.12x7.22x1.07% 1.51B
15.81x - - - 1.28B
15.92x - - 2.09% 1.2B
22.29x1.12x8.01x7.82% 1.12B
Average 15.43x 1.34x 7.78x 3.54% 3.04B
Weighted average by Cap. 19.60x 1.91x 10.99x 2.13%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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