Valuation PBA Holdings

Stocks

Delayed BURSA MALAYSIA 09:50:02 03/09/2026 BST			5-day change	1st Jan Change
2.150 ^MYR	-0.46%		-6.52%	+13.76%

08-28	PBA Unit Signs Build-Operate-Transfer Deal for Water Treatment Plant	MT
08-27	PBA Holdings Bhd Announces Composition of Its Integrity Committee	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025
Market Cap ¹	286.3	274.7	251.6	483.3	741.4	625.6
Change	-	-4.05%	-8.43%	92.1%	53.42%	-15.63%
Enterprise Value (EV) ¹	424.4	375.8	299.6	478.7	684.6	595.2
Change	-	-11.45%	-20.29%	59.82%	43.01%	-13.07%
P/E	11.6x	7.48x	3.26x	14.1x	5.14x	5.46x
PBR	0.41x	0.37x	0.28x	0.52x	0.7x	0.54x
PEG	-	0.2x	0x	-0.3x	0x	-0.3x
Capitalization / Revenue	0.85x	0.82x	0.72x	1.14x	1.41x	1.1x
EV / Revenue	1.26x	1.12x	0.86x	1.13x	1.3x	1.05x
EV / EBITDA	3.95x	3.61x	2.89x	3.35x	3.02x	2.45x
EV / EBIT	9.51x	9.15x	7.26x	5.94x	4.34x	3.59x
EV / FCF	-256x	9.46x	4.73x	8.14x	17.5x	-23.1x
FCF Yield	-0.39%	10.6%	21.1%	12.3%	5.73%	-4.33%
Dividend per Share ²	0.0225	0.0225	0.03	0.035	0.045	0.05
Rate of return	2.6%	2.71%	3.95%	2.4%	2.01%	2.65%
EPS ²	0.0748	0.111	0.233	0.1038	0.4356	0.3461
Distribution rate	30.1%	20.3%	12.9%	33.7%	10.3%	14.4%
Net sales ¹	336.3	334.8	348	423.6	527.6	568.4
EBITDA ¹	107.4	104.2	103.8	143.1	226.8	243.1
EBIT ¹	44.63	41.1	41.28	80.55	157.6	165.7
Net income ¹	24.76	36.74	77.12	34.35	144.2	114.5
Net Debt ¹	138.1	101.1	47.99	-4.511	-56.78	-30.41
Reference price ²	0.865	0.830	0.760	1.460	2.240	1.890
Nbr of stocks (in thousands)	330,998	330,998	330,997	330,996	330,995	330,994
Announcement Date	30/04/21	29/04/22	28/04/23	30/04/24	30/04/25	30/04/26

¹MYR in Million²MYR

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
PBA HOLDINGS	-	-	-	-	177M
AMERICAN WATER WORKS COMPANY, INC.	22.93x	8.11x	14.18x	2.53%	27.72B
GUANGDONG INVESTMENT LIMITED	11.74x	3.2x	6.03x	5.52%	7.31B
COMPANHIA DE SANEAMENTO DE MINAS GERAIS	16.08x	3.31x	9.35x	3.26%	4.24B
H2O AMERICA	22.64x	-	-	2.78%	2.66B
BEIJING ENTERPRISES WATER GROUP LIMITED	10.34x	3.92x	13.42x	7.32%	2.17B
COMPANHIA DE SANEAMENTO DO PARANÁ - SANEPAR	7.69x	2.27x	5.39x	4.38%	2.07B
WATERBRIDGE INFRASTRUCTURE LLC	215.07x	4.19x	8.07x	0.63%	1.79B
MANILA WATER COMPANY, INC.	6.61x	5.92x	8.64x	6.06%	1.66B
Average	39.14x	4.42x	9.30x	4.06%	5.53B
Weighted average by Cap.	25.87x	6.23x	11.62x	3.38%