Company Valuation: Encorp

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 74.33 104.4 69.59 85.4 66.42 52.19
Change - 40.43% -33.33% 22.73% -22.22% -21.43%
Enterprise Value (EV) 1 894 823.3 698.2 656.5 523.9 418.1
Change - -7.91% -15.19% -5.97% -20.2% -20.19%
P/E -19.9x -9.58x -3.45x -9.29x 36.8x -4.12x
PBR 0.2x 0.3x 0.21x 0.26x 0.2x 0.16x
PEG - -0x -0x 0.2x -0x 0x
Capitalization / Revenue 0.55x 0.71x 0.51x 0.66x 0.64x 0.55x
EV / Revenue 6.67x 5.61x 5.08x 5.08x 5.04x 4.44x
EV / EBITDA 18.7x 11.5x 13.2x 13.4x 10.5x 18.9x
EV / EBIT 18.9x 11.5x 13.3x 13.5x 10.7x 19.3x
EV / FCF -3.05x 418x 86.2x -23.7x 123x -21x
FCF Yield -32.8% 0.24% 1.16% -4.22% 0.81% -4.77%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.0118 -0.0344 -0.0637 -0.029 0.005712 -0.0401
Distribution rate - - - - - -
Net sales 1 134.1 146.7 137.5 129.2 104 94.1
EBITDA 1 47.74 71.86 52.94 49.03 49.7 22.13
EBIT 1 47.31 71.52 52.59 48.59 49.17 21.65
Net income 1 -3.643 -10.89 -20.14 -9.188 1.807 -12.68
Net Debt 1 819.6 718.9 628.6 571.1 457.4 365.9
Reference price 2 0.2350 0.3300 0.2200 0.2700 0.2100 0.1650
Nbr of stocks (in thousands) 316,299 316,299 316,299 316,299 316,299 316,299
Announcement Date 4/2/21 A 3/29/22 A 3/29/23 A 3/27/24 A 4/30/25 A 4/30/26 A
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 12.03M
52.38x2.43x23.13x0.07% 91.24B
12.03x1.03x5.66x4.85% 66.89B
25.33x1.95x19.66x1.15% 54.96B
26.47x3.25x18.01x0.25% 47B
50.03x4.01x25.36x2.16% 39.35B
26.14x0.65x10.71x2.38% 31.75B
20.33x1.42x13.1x0.23% 29.93B
5.28x0.34x6.68x5.33% 28.38B
21.69x0.41x6.45x2.83% 27.02B
Average 26.63x 1.72x 14.31x 2.14% 41.65B
Weighted average by Cap. 29.68x 1.90x 15.63x 1.92%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Encorp

Historical PBR trend

Valuation ratios - PBR - Encorp

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Encorp

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Encorp