Company Valuation: Sunway

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 8,409 7,920 11,239 29,592 37,994 30,219 - -
Change - -5.81% 41.9% 163.31% 28.39% -20.46% - -
Enterprise Value (EV) 1 14,311 15,019 18,589 36,114 46,337 39,875 40,109 39,885
Change - 4.95% 23.77% 94.28% 28.31% -13.94% 0.59% -0.56%
P/E 3.83x 15.5x 18.3x 28.6x 29.5x 23.4x 21.4x 19.8x
PBR 0.84x 0.76x 0.96x 2.13x 2.36x 1.76x 1.53x 1.59x
PEG - -0.2x 2.36x 0.6x 2.1x 234.74x 2.23x 2.44x
Capitalization / Revenue 2.26x 1.52x 1.83x 3.75x 3.87x 2.5x 2.19x 2.02x
EV / Revenue 3.85x 2.89x 3.03x 4.58x 4.72x 3.3x 2.91x 2.66x
EV / EBITDA 26.3x 21x 22.2x 34.3x 30.9x 24.9x 23.2x 20.5x
EV / EBIT 43.8x 24.3x 26.7x 40.7x 34.4x 24.9x 22.7x 20.3x
EV / FCF 88.1x - 65.8x 24.9x 18.7x -18.8x 30.8x 25.2x
FCF Yield 1.13% - 1.52% 4.02% 5.34% -5.32% 3.25% 3.97%
Dividend per Share 2 0.025 0.035 0.055 0.06 0.06 0.0732 0.0821 0.0912
Rate of return 1.45% 2.16% 2.67% 1.25% 1.07% 1.64% 1.84% 2.04%
EPS 2 0.4491 0.1043 0.1124 0.1674 0.1906 0.1908 0.2091 0.2261
Distribution rate 5.57% 33.6% 48.9% 35.8% 31.5% 38.4% 39.3% 40.3%
Net sales 1 3,714 5,195 6,140 7,882 9,813 12,080 13,799 14,990
EBITDA 1 543.4 713.6 838.3 1,054 1,499 1,602 1,725 1,949
EBIT 1 327.1 618.5 696.9 887.3 1,347 1,605 1,771 1,964
Net income 1 2,665 676.7 737.8 1,154 1,304 1,278 1,399 1,500
Net Debt 1 5,901 7,099 7,350 6,522 8,343 9,656 9,890 9,666
Reference price 2 1.720 1.620 2.060 4.790 5.620 4.470 4.470 4.470
Nbr of stocks (in thousands) 4,889,070 4,889,075 5,455,663 6,177,963 6,760,421 6,760,421 - -
Announcement Date 2/25/22 A 2/23/23 A 2/21/24 A 2/26/25 A 2/25/26 A - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.43x3.3x24.89x1.64% 7.47B
26.88x - - -.--% 1,224B
21.61x1.72x10.41x1.25% 136B
24.55x4.16x14.12x1.66% 97.03B
24.85x5.3x18.1x2.25% 81.11B
9.73x3.94x17.91x2.39% 68.48B
22.66x1.7x12.79x0.98% 64.95B
17.87x1.43x9.96x1.36% 61.58B
55.9x3.37x17.08x2.22% 31.41B
Average 25.27x 3.12x 15.66x 1.53% 196.87B
Weighted average by Cap. 25.62x 3.04x 13.96x 0.51%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Sunway

Historical PBR trend

Valuation ratios - PBR - Sunway

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Sunway

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Sunway


Year-on-year evolution of the Yield

Valuation ratios - Yield - Sunway