Company Valuation: TSR Capital

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026
Market Cap 1 48.85 32.27 34.02 47.1 35.76 40.12
Change - -33.93% 5.41% 38.46% -24.07% 12.2%
Enterprise Value (EV) 1 84.79 59.52 76.2 76.2 84.56 131.3
Change - -29.8% 28.02% -0% 10.97% 55.26%
P/E -1.3x -11x 24.8x 4.32x 11.5x -12.5x
PBR 0.35x 0.24x 0.25x 0.32x 0.24x 0.27x
PEG - 0.1x -0x 0x -0.2x 0x
Capitalization / Revenue 0.69x 0.74x 0.64x 0.62x 0.29x 0.24x
EV / Revenue 1.2x 1.36x 1.44x 1x 0.68x 0.78x
EV / EBITDA -2.51x -7.37x -14.8x 8.56x 5.23x 11.7x
EV / EBIT -2.23x -5.6x -10.1x 11.4x 7.78x -81.6x
EV / FCF -10.3x 18.7x -2.04x 5.76x -10.2x -11.5x
FCF Yield -9.7% 5.34% -49.1% 17.4% -9.77% -8.73%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.2152 -0.0168 0.007858 0.0626 0.0178 -0.0183
Distribution rate - - - - - -
Net sales 1 70.68 43.71 53.05 76.31 123.7 169
EBITDA 1 -33.84 -8.076 -5.16 8.906 16.18 11.26
EBIT 1 -38 -10.63 -7.567 6.686 10.86 -1.609
Net income 1 -37.55 -2.93 1.371 10.92 3.113 -3.199
Net Debt 1 35.95 27.25 42.18 29.1 48.8 91.17
Reference price 2 0.2800 0.1850 0.1950 0.2700 0.2050 0.2300
Nbr of stocks (in thousands) 174,450 174,450 174,450 174,450 174,450 174,450
Announcement Date 29/10/21 28/10/22 31/10/23 30/10/24 30/10/25 28/10/26
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 9.05M
39.62x1.96x18.45x0.09% 76.7B
12.52x1.06x5.85x4.65% 70.24B
26.91x2.04x20.64x1.1% 58.85B
53.45x4.22x26.37x1.84% 41.76B
19.05x2.28x12.67x0.34% 33.7B
23.9x0.59x9.79x2.6% 29.25B
5.9x0.37x6.97x4.82% 28.8B
17.24x1.2x10.79x0.25% 26.06B
20.19x0.38x5.99x3.01% 25.35B
Average 24.31x 1.57x 13.06x 2.08% 39.07B
Weighted average by Cap. 26.12x 1.71x 14.05x 2.01%

Y-o-Y evolution of P/E

Valuation ratios - P/E - TSR Capital

Historical PBR trend

Valuation ratios - PBR - TSR Capital

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - TSR Capital

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - TSR Capital

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