Company Valuation: TSH Resources

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,491 1,477 1,346 1,709 1,548 1,413 - -
Change - -0.93% -8.88% 26.98% -9.41% -8.7% - -
Enterprise Value (EV) 1 2,325 1,662 1,398 1,703 1,445 1,159 1,020 874.7
Change - -28.5% -15.92% 21.87% -15.18% -19.82% -11.98% -14.22%
P/E 8.82x 3.23x 14.2x 12.3x 8.75x 9.99x 9.13x 9.55x
PBR 0.91x 0.78x 0.66x 0.86x 0.84x 0.71x 0.68x 0.68x
PEG - 0x -0.2x 0.3x 0.2x -0.6x 0.97x -2.21x
Capitalization / Revenue 1.25x 1.13x 1.26x 1.68x 1.46x 1.34x 1.3x 1.31x
EV / Revenue 1.96x 1.27x 1.31x 1.67x 1.36x 1.1x 0.94x 0.81x
EV / EBITDA 6.38x 4.88x 4.74x 4.83x 3.58x 3.53x 3.06x 2.57x
EV / EBIT 9.19x 6.96x 7.23x 7.6x 4.92x 5.02x 4.08x 3.75x
EV / FCF 6.67x 11.5x 8.31x 9.14x 5.81x 4.94x 4.58x 3.78x
FCF Yield 15% 8.69% 12% 10.9% 17.2% 20.2% 21.8% 26.5%
Dividend per Share 2 - 0.105 0.025 0.025 0.05 0.0421 0.0434 0.0492
Rate of return - 9.81% 2.56% 2% 4.1% 3.63% 3.74% 4.24%
EPS 2 0.1225 0.3315 0.0688 0.1019 0.1395 0.1161 0.127 0.1215
Distribution rate - 31.7% 36.3% 24.5% 35.8% 36.3% 34.2% 40.5%
Net sales 1 1,189 1,308 1,067 1,020 1,062 1,053 1,088 1,080
EBITDA 1 364.1 341 294.6 352.4 403.2 328.4 333.5 339.7
EBIT 1 253 239 193.4 224.2 293.9 230.8 249.9 233.4
Net income 1 169 457.5 94.96 140.5 182.9 148.9 163.2 157.1
Net Debt 1 834.2 185.5 51.98 -5.421 -103.2 -254.8 -393.6 -538.6
Reference price 2 1.080 1.070 0.975 1.250 1.220 1.160 1.160 1.160
Nbr of stocks (in thousands) 1,380,174 1,380,174 1,380,174 1,367,007 1,268,857 1,218,375 - -
Announcement Date 24/02/22 23/02/23 22/02/24 27/02/25 25/02/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.99x1.1x3.53x3.63% 347M
-150.24x1.98x17.85x0.15% 34.08B
-24.59x1.35x78.01x0.21% 15.52B
18.25x0.5x9.53x2.79% 11.02B
8.86x1.08x8.96x4.56% 4.81B
-15.69x0.66x17.49x0.13% 4.48B
10.5x0.27x3.9x2.08% 4.14B
-20.14x - - - 3.9B
18.96x - - 3.71% 3.59B
Average -16.01x 0.99x 19.90x 2.16% 9.1B
Weighted average by Cap. -64.62x 1.39x 27.73x 1.09%

Y-o-Y evolution of P/E

Valuation ratios - P/E - TSH Resources

Historical PBR trend

Valuation ratios - PBR - TSH Resources

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - TSH Resources

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - TSH Resources


Year-on-year evolution of the Yield

Valuation ratios - Yield - TSH Resources
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