Company Valuation: Fima Corporation

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 435.7 474.8 464.8 414.9 402.8 398
Change - 8.96% -2.09% -10.73% -2.93% -1.18%
Enterprise Value (EV) 1 219.3 336.6 349.8 303.3 418.8 409
Change - 53.5% 3.9% -13.29% 38.1% -2.34%
P/E 16.1x 7.85x 12.9x 21x 12.7x 17.7x
PBR 0.79x 0.82x 0.8x 0.73x 0.72x 0.73x
PEG - 0x -0.3x -0.5x 0.2x -0.6x
Capitalization / Revenue 2.05x 1.58x 1.57x 2.01x 1.7x 1.9x
EV / Revenue 1.03x 1.12x 1.18x 1.47x 1.77x 1.96x
EV / EBITDA 5.81x 3.4x 6.43x 8.9x 7.01x 8.16x
EV / EBIT 7.39x 3.77x 7.74x 12.5x 8.85x 11.9x
EV / FCF 2.66x 4.63x 18.9x 9.89x -4.81x 9.16x
FCF Yield 37.6% 21.6% 5.3% 10.1% -20.8% 10.9%
Dividend per Share 2 0.125 0.125 0.125 0.125 0.125 0.125
Rate of return 6.83% 6.25% 6.38% 7.14% 7.35% 7.44%
EPS 2 0.1137 0.2548 0.1521 0.0835 0.134 0.0949
Distribution rate 110% 49.1% 82.2% 150% 93.3% 132%
Net sales 1 212.6 300.6 295.9 206.7 236.8 209.2
EBITDA 1 37.77 98.94 54.36 34.06 59.73 50.13
EBIT 1 29.66 89.17 45.17 24.3 47.32 34.5
Net income 1 27.13 60.56 36.1 19.8 31.77 22.48
Net Debt 1 -216.4 -138.1 -115.1 -111.7 16.04 10.96
Reference price 2 1.830 2.000 1.960 1.750 1.700 1.680
Nbr of stocks (in thousands) 238,093 237,380 237,157 237,114 236,931 236,931
Announcement Date 8/27/21 A 7/28/22 A 7/31/23 A 7/31/24 A 7/31/25 A 7/30/26 A
1MYR in Million2MYR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 94.46M
31.78x0.99x10.99x0.83% 13.45B
9.63x1.12x9.35x4.39% 5.85B
30.61x1.9x14.51x1.3% 3.61B
13x1.42x6.75x1.93% 2.85B
14.68x0.85x9.07x - 2.02B
53.83x0.82x12.16x1.53% 1.52B
20.15x - - - 1.48B
Average 24.81x 1.18x 10.47x 2% 3.86B
Weighted average by Cap. 25.10x 1.15x 10.61x 1.81%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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