Company Valuation: Timberwell

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 40.07 51.65 46.31 47.2 46.75 66.79
Change - 28.89% -10.34% 1.92% -0.94% 42.86%
Enterprise Value (EV) 1 40.42 46.26 43.58 46.09 45.88 66.36
Change - 14.44% -5.8% 5.76% -0.45% 44.62%
P/E -90.5x 8.31x 6.47x -21.3x -123x -104x
PBR 0.77x 0.89x 0.73x 0.77x 0.76x 1.14x
PEG - -0x 0.4x 0x 1.5x -1.5x
Capitalization / Revenue 2.19x 1.67x 1.72x 2.5x 2.02x 4.66x
EV / Revenue 2.21x 1.5x 1.62x 2.44x 1.98x 4.63x
EV / EBITDA 55.2x 9.02x 10.1x -23.5x 493x 25x
EV / EBIT -183x 11.2x 13.6x -14.8x -54.9x 34.2x
EV / FCF 60.6x 8.95x -23.7x -14x -16x 42.9x
FCF Yield 1.65% 11.2% -4.22% -7.15% -6.23% 2.33%
Dividend per Share 2 - - 0.02 - - -
Rate of return - - 3.85% - - -
EPS 2 -0.004974 0.0698 0.0804 -0.0249 -0.004278 -0.007231
Distribution rate - - 24.9% - - -
Net sales 1 18.29 30.9 26.96 18.9 23.17 14.34
EBITDA 1 0.732 5.126 4.305 -1.961 0.093 2.658
EBIT 1 -0.221 4.141 3.193 -3.115 -0.836 1.943
Net income 1 -0.443 6.212 7.159 -2.219 -0.381 -0.644
Net Debt 1 0.352 -5.388 -2.726 -1.107 -0.868 -0.432
Reference price 2 0.450 0.580 0.520 0.530 0.525 0.750
Nbr of stocks (in thousands) 89,051 89,051 89,051 89,051 89,051 89,051
Announcement Date 21/04/21 22/04/22 20/04/23 22/04/24 23/04/25 21/04/26
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 40.05M
31.23x4.26x15.57x2.95% 7.59B
19.99x0.69x8.32x - 4.97B
-7.02x0.43x12.33x - 1.16B
41.72x2.1x17.87x0.39% 678M
Average 21.48x 1.87x 13.52x 1.67% 2.89B
Weighted average by Cap. 24.77x 2.62x 12.92x 2.74%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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  4. Valuation Timberwell