Company Valuation: Gamuda

Data adjusted to current consolidation scope
Fiscal Period: July 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 7,038 9,577 11,450 21,814 29,995 24,751 - -
Change - 36.08% 19.55% 90.52% 37.5% -17.48% - -
Enterprise Value (EV) 1 8,728 10,775 14,196 26,259 36,416 32,613 33,460 33,754
Change - 23.46% 31.75% 84.97% 38.68% -10.45% 2.6% 0.88%
P/E 12x 11.8x 6.33x 24.5x 30.2x 23.1x 18.4x 14.2x
PBR 0.77x 0.97x 1.06x 1.92x 2.5x 1.93x 1.82x 1.69x
PEG - 0.3x 0x -0.5x 4.43x 4.98x 0.7x 0.5x
Capitalization / Revenue 2x 1.86x 1.38x 1.63x 1.88x 1.43x 1.15x 0.93x
EV / Revenue 2.48x 2.09x 1.71x 1.97x 2.28x 1.88x 1.55x 1.26x
EV / EBITDA 10.8x 11x 13.2x 23.7x 23.7x 19.8x 15.9x 13.1x
EV / EBIT 14.9x 14.6x 14.9x 27.8x 27.2x 22.5x 18x 14.9x
EV / FCF 10.6x -137x -11x -171x -382x 23.4x -41.5x 42.9x
FCF Yield 9.44% -0.73% -9.08% -0.58% -0.26% 4.26% -2.41% 2.33%
Dividend per Share 2 - 0.06 0.25 0.08 0.2 0.0963 0.1043 0.1292
Rate of return - 3.2% 11.6% 2.04% 3.86% 2.32% 2.51% 3.11%
EPS 2 0.117 0.1586 0.3398 0.1606 0.1715 0.1795 0.2257 0.292
Distribution rate - 37.8% 73.6% 49.8% 117% 53.7% 46.2% 44.3%
Net sales 1 3,517 5,163 8,281 13,347 15,970 17,339 21,601 26,726
EBITDA 1 811.3 978 1,073 1,108 1,536 1,649 2,108 2,571
EBIT 1 586.1 737.1 953.9 945.2 1,337 1,447 1,859 2,272
Net income 1 588.3 806.2 1,838 912.1 1,003 1,048 1,353 1,750
Net Debt 1 1,690 1,198 2,746 4,445 6,422 7,862 8,709 9,003
Reference price 2 1.400 1.875 2.150 3.930 5.180 4.150 4.150 4.150
Nbr of stocks (in thousands) 5,027,057 5,107,862 5,325,472 5,550,607 5,790,500 5,963,981 - -
Announcement Date 29/09/21 29/09/22 27/09/23 26/09/24 19/09/25 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.01x1.87x19.71x2.33% 6.05B
68.18x2.94x28.76x0.07% 98.82B
13.19x1.07x5.85x4.46% 71.87B
40.7x4.99x27.66x0.17% 61.72B
26.14x1.99x19.33x1.19% 56.93B
56.3x4.68x29.95x1.61% 46.79B
33.26x0.78x13.22x1.91% 39.16B
28.67x0.55x8.86x2.1% 36.38B
26.77x1.73x16.73x0.18% 34.74B
4.71x0.3x6.27x6.03% 27.97B
Average 32.09x 2.09x 17.63x 2.01% 48.04B
Weighted average by Cap. 37.19x 2.37x 19.12x 1.71%

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