Valuation Kelington Group

Stocks

Market Closed - BURSA MALAYSIA 11:55:12 11/11/2026 +03			5-day change	1st Jan Change
7.850 ^MYR	+3.97%		-3.92%	+50.96%

10-13	Kelington Technologies Sdn. Bhd. Receives Further Contract from A Manufacturing Company At Sama Jaya Free Industrial Zone in Kuching, Sarawak for Approximately Myr 128 Million	CI
10-13	Kelington's Subsidiary Bags Additional Contract Worth MYR128 Million; Shares Down 4%	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Market Cap ¹	1,106	880.9	1,399	2,556	4,046	6,911	-	-
Change	-	-20.35%	58.84%	82.69%	58.29%	70.79%	-	-
Enterprise Value (EV) ¹	1,052	859.1	1,305	2,320	3,837	6,728	6,783	6,869
Change	-	-18.31%	51.88%	77.79%	65.42%	75.31%	0.83%	1.27%
P/E	26.1x	15.8x	13.9x	22.6x	28.4x	34.6x	20.6x	17.7x
PBR	4.26x	3.62x	4.21x	5.41x	6.61x	8.45x	7.22x	6.07x
PEG	-	0.5x	0.2x	16.8x	1.8x	1.4x	0.3x	1.1x
Capitalization / Revenue	2.14x	0.69x	0.87x	2.01x	3.18x	4.06x	2.67x	2.17x
EV / Revenue	2.03x	0.67x	0.81x	1.82x	3.01x	3.95x	2.62x	2.15x
EV / EBITDA	22.9x	9.57x	8.07x	13x	17.5x	25.2x	16.8x	14.2x
EV / EBIT	25.5x	10.2x	8.44x	13.8x	21.2x	26.6x	17.5x	14.7x
EV / FCF	-68.9x	-97.3x	-	15.3x	-	44.3x	34.3x	-
FCF Yield	-1.45%	-1.03%	-	6.52%	-	2.26%	2.91%	-
Dividend per Share ²	0.015	0.025	0.04	0.08	0.13	0.131	0.1636	0.2007
Rate of return	0.87%	1.82%	1.84%	2.24%	2.5%	1.67%	2.08%	2.56%
EPS ²	0.066	0.0867	0.1561	0.1582	0.1828	0.2266	0.3805	0.4434
Distribution rate	22.7%	28.8%	25.6%	50.6%	71.1%	57.8%	43%	45.3%
Net sales ¹	517.7	1,279	1,614	1,272	1,274	1,703	2,588	3,190
EBITDA ¹	45.99	89.81	161.7	177.8	219.9	266.9	403.3	483.1
EBIT ¹	41.26	83.85	154.6	167.8	180.9	252.6	388	467.4
Net income ¹	31.82	55.75	104.1	123.1	151.1	197.6	307.5	369.1
Net Debt ¹	-54.35	-21.81	-94.41	-236.5	-209	-183.5	-128	-42.18
Reference price ²	1.720	1.370	2.170	3.570	5.200	7.850	7.850	7.850
Nbr of stocks (in thousands)	643,007	643,007	644,798	716,046	778,161	880,393	-	-
Announcement Date	2/25/22 A	4/28/23 A	2/28/24 A	2/26/25 A	2/25/26 A	-	-	-

¹MYR in Million²MYR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (N)	EV / Sales (N)	EV / EBITDA (N)	Dividend Yield (N)	Capi.($)
KELINGTON GROUP	33.32x	3.8x	24.21x	1.74%	1.64B
QUANTA SERVICES, INC.	45.38x	2.22x	20.9x	0.08%	87.87B
VINCI	12.72x	1.07x	5.92x	4.58%	70.91B
LARSEN & TOUBRO LIMITED	27.86x	2.11x	21.26x	1.06%	61.41B
FERROVIAL N.V.	56.57x	4.4x	27.48x	1.79%	43.65B
COMFORT SYSTEMS USA, INC.	21.82x	2.63x	14.65x	0.3%	38.63B
HOCHTIEF AG	25.25x	0.63x	10.35x	2.46%	30.71B
CHINA STATE CONSTRUCTION ENGINEERING CORPORATION LIMITED	5.87x	0.37x	7.06x	4.82%	28.76B
EMCOR GROUP, INC.	18.7x	1.3x	11.82x	0.24%	28.26B
ACS, ACTIVIDADES DE CONSTRUCCIÓN Y SERVICIOS, S.A.	21.43x	0.4x	6.36x	2.84%	26.73B
Average	26.89x	1.89x	15.00x	1.99%	42B
Weighted average by Cap.	28.70x	1.86x	15.27x	1.88%