Company Valuation: QES Group

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 550.5 533.8 425.4 496.3 320.6 499.7 - -
Change - -3.03% -20.31% 16.67% -35.4% 55.84% - -
Enterprise Value (EV) 550.5 533.8 425.4 496.3 320.6 499.7 499.7 499.7
Change - -3.03% -20.31% 16.67% -35.4% 55.84% 0% 0%
P/E 28.9x 20.2x - 28.6x 19.6x 24.4x 17.8x 15.5x
PBR - 3.37x - 2.7x 1.67x 2.31x 2.22x 1.91x
PEG - 0.5x - - -3.4x 1x 0.5x 1.1x
Capitalization / Revenue - 2.02x 1.77x 1.84x 1.2x 1.62x 1.41x 1.31x
EV / Revenue - 0x 0x 0x 0x 1.62x 1.41x 1.31x
EV / EBITDA - 0x - 0x 0x 11.5x 9.49x 8.43x
EV / EBIT - 0x 0x 0x 0x 14.6x 11.5x 9.67x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 - 0.005 - 0.0075 - 0.00937 0.0123 0.014
Rate of return - 0.78% - 1.26% - 1.56% 2.06% 2.33%
EPS 2 0.0228 0.0317 - 0.0208 0.0196 0.0246 0.0338 0.0388
Distribution rate - 15.8% - 36.1% - 38.2% 36.5% 36.1%
Net sales 1 - 264.4 240.7 269.6 266.8 308.3 353.9 380.5
EBITDA 1 - 38.63 - 34.12 32.51 43.3 52.63 59.27
EBIT 1 - 36.39 27.48 26.24 23.55 34.2 43.6 51.65
Net income 1 18.98 26.42 18.47 17.32 16.34 23.85 30.75 36.75
Net Debt - - - - - - - -
Reference price 2 0.6600 0.6400 0.5100 0.5950 0.3850 0.6000 0.6000 0.6000
Nbr of stocks (in thousands) 834,139 834,139 834,139 834,139 832,763 832,763 - -
Announcement Date 2/23/22 A 2/23/23 A 2/23/24 A 2/27/25 A 2/26/26 A - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
24.03x - - 1.59% 122M
44.04x15.2x36.64x1.18% 26.32B
38.7x - - - 22.92B
8.8x1.01x5.46x6.19% 3.1B
10.84x1.12x5.54x4.41% 2.31B
13.56x - - 5.4% 1.67B
38.32x - - - 1.32B
56.59x - - 2.36% 1.3B
Average 29.36x 5.78x 15.88x 3.52% 7.38B
Weighted average by Cap. 38.07x 12.79x 31.33x 2.09%

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