Company Valuation: PPB Group

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 24,326 24,810 20,599 17,640 15,734 13,786 - -
Change - 1.99% -16.97% -14.36% -10.81% -12.38% - -
Enterprise Value (EV) 24,326 24,570 19,403 16,368 15,734 13,786 13,786 13,786
Change - 1% -21.03% -15.64% -3.87% -12.38% 0% 0%
P/E 16.3x 11.3x 14.8x 14.5x -5.76x 10.3x 9.54x 9.99x
PBR 1x 0.96x 0.76x 0.66x 0.71x 0.6x 0.58x -
PEG - 0.2x -0.4x -1.2x 0x -0x 1.23x -2.23x
Capitalization / Revenue 5.01x 3.96x 3.6x 3.28x 2.9x 2.53x 2.49x 2.43x
EV / Revenue 0x 0x 0x 0x 0x 2.53x 2.49x 2.43x
EV / EBITDA 0x 0x 0x 0x 0x 29.5x 27.1x 26.3x
EV / EBIT -0x 0x 0x 0x 0x 46.1x 37.3x 34.9x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.35 0.4 0.42 0.42 0.42 0.4233 0.4233 0.415
Rate of return 2.05% 2.29% 2.9% 3.39% 3.8% 4.36% 4.36% 4.28%
EPS 2 1.052 1.544 0.9801 0.8572 -1.921 0.9433 1.016 0.971
Distribution rate 33.3% 25.9% 42.9% 49% -21.9% 44.9% 41.6% 42.7%
Net sales 1 4,857 6,257 5,721 5,386 5,432 5,457 5,529 5,672
EBITDA 1 160.8 330.6 423.1 505.4 610.2 467.8 508 525
EBIT 1 -44.13 136.6 224.2 313.1 426.1 298.8 369.6 394.4
Net income 1 1,496 2,197 1,394 1,219 -2,732 1,316 1,446 1,382
Net Debt - -239.8 -1,196 -1,272 - - - -
Reference price 2 17.100 17.440 14.480 12.400 11.060 9.700 9.700 9.700
Nbr of stocks (in thousands) 1,422,599 1,422,599 1,422,599 1,422,599 1,422,599 1,421,197 - -
Announcement Date 2/28/22 A 2/28/23 A 2/28/24 A 2/28/25 A 2/27/26 A - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
10.28x - - 4.36% 3.41B
20.67x2.82x14.05x4% 249B
19.61x2.47x14.73x3.34% 78.63B
17.15x1.78x10.08x3.65% 48.13B
15.66x0.56x10.17x2.47% 40.75B
21.31x3.23x13.12x3.28% 35.36B
36.62x3.17x18.24x1% 31.82B
-25.41x1.93x9.62x6.19% 30.68B
66.86x10.26x42.56x1.14% 29.33B
Average 20.31x 3.28x 16.57x 3.27% 60.78B
Weighted average by Cap. 20.63x 2.91x 14.98x 3.51%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield