Company Valuation: QL Resources

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 14,748 12,217 14,140 14,359 17,047 14,382 - -
Change - -17.16% 15.74% 1.55% 18.72% -15.63% - -
Enterprise Value (EV) 1 15,655 13,101 15,027 15,025 17,356 13,663 14,411 14,247
Change - -16.31% 14.7% -0.01% 15.51% -21.28% -1.75% -1.13%
P/E 47.3x 56.2x 40.8x 32.8x 37.4x 30x 30.2x 28.4x
PBR 6.38x 4.94x 5.32x 4.88x 5.4x 4.03x 3.77x 3.47x
PEG - -1.9x 0.7x 1.2x 9.21x -26.74x 14.99x 4.51x
Capitalization / Revenue 3.37x 2.33x 2.26x 2.15x 2.41x 1.92x 1.87x 1.77x
EV / Revenue 3.58x 2.5x 2.4x 2.25x 2.45x 1.94x 1.88x 1.75x
EV / EBITDA 23x 22.3x 19.2x 15.8x 17.5x 14.2x 14.3x 13.5x
EV / EBIT 33.1x 36x 28x 21.8x 24.4x 20.3x 20.3x 19.3x
EV / FCF 37.8x 43.1x 40x 29.4x 28.6x 38.4x 40.9x 25.7x
FCF Yield 2.65% 2.32% 2.5% 3.4% 3.49% 2.6% 2.44% 3.89%
Dividend per Share 2 0.0233 0.0233 0.0467 0.0433 0.05 0.05 0.0519 0.0559
Rate of return 0.58% 0.7% 1.2% 1.1% 1.07% 1.35% 1.32% 1.42%
EPS 2 0.0853 0.0595 0.095 0.1199 0.1248 0.1234 0.1307 0.1389
Distribution rate 27.3% 39.2% 49.1% 36.1% 40.1% 40.5% 39.7% 40.3%
Net sales 1 4,373 5,247 6,264 6,678 7,073 7,047 7,685 8,133
EBITDA 1 679.6 588.8 781.5 950 989.5 964.1 1,006 1,053
EBIT 1 472.7 364.4 536.4 689.6 710.8 671.7 708.2 739.3
Net income 1 311.4 217.3 346.8 437.8 455.6 450.4 476.3 509.8
Net Debt 1 906.8 883.8 887.1 666.5 308.9 157 28.56 -135
Reference price 2 4.040 3.347 3.873 3.933 4.670 3.940 3.940 3.940
Nbr of stocks (in thousands) 3,650,486 3,650,486 3,650,486 3,650,486 3,650,310 3,650,310 - -
Announcement Date 5/27/21 A 5/30/22 A 5/30/23 A 5/30/24 A 5/29/25 A 5/28/26 A - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
31.62x2.04x15.47x1.25% 3.61B
33.59x1x10.94x0.82% 13.49B
9.01x1.14x9.28x4.64% 5.29B
12.86x1.41x6.67x1.95% 2.75B
13.75x0.78x8.59x - 1.72B
30.31x0.72x7.6x0.49% 1.41B
Average 21.86x 1.18x 9.76x 1.83% 4.71B
Weighted average by Cap. 25.35x 1.17x 10.48x 1.74%

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

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