Company Valuation: Eduspec Holdings

Data adjusted to current consolidation scope
Fiscal Period: February 2021 2022 2023 2024 2025 2026
Market Cap 1 38.98 45.69 30.46 129 179.1 185.3
Change - 17.23% -33.33% 323.52% 38.84% 3.45%
Enterprise Value (EV) 1 63.56 69.28 55.08 124.2 175.6 181.5
Change - 9% -20.5% 125.44% 41.42% 3.37%
P/E -1.66x -2.99x -33.3x -11.5x -5.03x -36.8x
PBR 0.94x 0.94x 0.61x 1.73x 3.25x 3.18x
PEG - 0.1x 0.4x -0.2x -0x 0.4x
Capitalization / Revenue 4.22x 5.22x 3.41x 5.85x 4.31x 3.67x
EV / Revenue 6.88x 7.92x 6.16x 5.63x 4.22x 3.59x
EV / EBITDA -3.46x -7.1x -3.57x -90.5x -62.6x -8,811x
EV / EBIT -2.99x -5.72x -3.22x -47.2x -39.2x -61.8x
EV / FCF -10.7x -7.75x -2.58x -24.9x 13.5x -32.2x
FCF Yield -9.31% -12.9% -38.7% -4.01% 7.41% -3.11%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.2407 -0.1002 -0.005999 -0.009558 -0.0269 -0.003528
Distribution rate - - - - - -
Net sales 1 9.241 8.747 8.943 22.05 41.6 50.56
EBITDA 1 -18.36 -9.756 -15.42 -1.371 -2.805 -0.0206
EBIT 1 -21.26 -12.12 -17.08 -2.631 -4.481 -2.938
Net income 1 -23.46 -13.06 -0.7868 -10.06 -33.01 -4.88
Net Debt 1 24.58 23.59 24.61 -4.854 -3.531 -3.789
Reference price 2 0.4000 0.3000 0.2000 0.1100 0.1350 0.1300
Nbr of stocks (in thousands) 97,448 152,314 152,314 1,172,881 1,326,882 1,425,409
Announcement Date 12/07/21 30/06/22 30/06/23 24/06/24 30/06/25 30/06/26
1MYR in Million2MYR
Estimates


P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 38.65M
17.38x1.12x7.69x2.17% 8.69B
7.68x0.82x4.01x-.--% 6.38B
17.18x2.51x8.15x8.11% 4.93B
14.48x2.1x7.77x - 4.21B
121.08x6.52x42.19x-.--% 3.85B
10.97x0.95x3.85x - 3.35B
11.17x - - - 2.06B
Average 28.56x 2.34x 12.28x 2.57% 4.19B
Weighted average by Cap. 26.03x 2.05x 10.84x 2.47%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA


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