Company Valuation: Amlex Holdings

Data adjusted to current consolidation scope
Fiscal Period: March 2021 2022 2023 2024 2025 2026
Market Cap 1 57.64 85.8 112.6 115.3 67.03 36.2
Change - 48.84% 31.25% 2.38% -41.86% -46%
Enterprise Value (EV) 1 72.63 92.01 128.9 124.1 75.96 43.82
Change - 26.69% 40.04% -3.72% -38.77% -42.31%
P/E 17.1x 6.96x 37x 237x 65.1x 15.6x
PBR 1.87x 2.01x 2.53x 2.44x 1.36x 0.71x
PEG - 0x -0.5x -2.8x 1x 0x
Capitalization / Revenue 0.88x 1x 1.68x 2.09x 1.08x 0.59x
EV / Revenue 1.11x 1.08x 1.92x 2.24x 1.23x 0.71x
EV / EBITDA 6.9x 4.67x 14.7x 22.2x 14.2x 6.69x
EV / EBIT 12x 5.79x 32.1x 77.6x 42.7x 13.2x
EV / FCF 46.9x 8.85x -323x 14.5x -210x 32.8x
FCF Yield 2.13% 11.3% -0.31% 6.9% -0.48% 3.05%
Dividend per Share 2 - 0.006 - - - 0.0012
Rate of return - 1.88% - - - 0.89%
EPS 2 0.0126 0.046 0.0113 0.001817 0.003843 0.008631
Distribution rate - 13.1% - - - 13.9%
Net sales 1 65.25 85.44 67.01 55.28 61.82 61.3
EBITDA 1 10.53 19.72 8.754 5.6 5.358 6.554
EBIT 1 6.04 15.89 4.018 1.599 1.78 3.326
Net income 1 3.381 12.32 3.042 0.4873 1.03 2.314
Net Debt 1 14.99 6.216 16.25 8.77 8.927 7.624
Reference price 2 0.2150 0.3200 0.4200 0.4300 0.2500 0.1350
Nbr of stocks (in thousands) 268,113 268,113 268,113 268,113 268,113 268,113
Announcement Date 13/08/21 29/07/22 01/08/23 31/07/24 30/07/25 31/07/26
1MYR in Million2MYR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 9.84M
92.21x28.4x68.35x0.66% 19.72B
73.07x20.98x60.28x0.96% 2.96B
38.45x - - - 1.78B
25.44x4.96x15.69x2.96% 1.58B
Average 57.29x 18.11x 48.11x 1.53% 5.21B
Weighted average by Cap. 82.31x 25.97x 63.94x 0.84%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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