Company Valuation: Sime Darby Property

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 4,046 3,060 4,251 11,493 9,453 9,317 - -
Change - -24.37% 38.89% 170.4% -17.75% -1.44% - -
Enterprise Value (EV) 1 7,327 6,277 6,913 13,998 13,276 12,871 12,925 12,662
Change - -14.33% 10.14% 102.48% -5.16% -3.05% 0.42% -2.03%
P/E 74.4x 9.78x 10.4x 22.9x 18.3x 15.6x 14.6x 13.3x
PBR 0.44x 0.32x 0.42x 1.12x 0.9x 0.85x 0.82x 0.79x
PEG - 0x 0.3x 1x 5.87x 1x 2.12x 1.36x
Capitalization / Revenue 1.82x 1.12x 1.24x 2.7x 2.26x 2.06x 1.98x 2.04x
EV / Revenue 3.3x 2.29x 2.01x 3.29x 3.17x 2.84x 2.75x 2.77x
EV / EBITDA 44.5x 12.1x 10.8x 14.5x 14x 11.9x 11.5x 10.4x
EV / EBIT 55.4x 12.9x 11.4x 15.6x 14.8x 12.7x 12x 10.8x
EV / FCF 15x 12.9x -62.8x 30.8x 42.1x 16.7x 18.4x 16.8x
FCF Yield 6.67% 7.78% -1.59% 3.24% 2.38% 6% 5.45% 5.97%
Dividend per Share 2 0.01 - 0.025 0.03 0.03 0.0353 0.0385 0.0414
Rate of return 1.68% - 4% 1.78% 2.16% 2.58% 2.81% 3.03%
EPS 2 0.008 0.046 0.06 0.0738 0.0761 0.0878 0.0939 0.1031
Distribution rate 125% - 41.7% 40.7% 39.4% 40.2% 41% 40.2%
Net sales 1 2,220 2,742 3,437 4,251 4,184 4,532 4,696 4,577
EBITDA 1 164.7 519.8 638.2 964.6 948.9 1,078 1,126 1,223
EBIT 1 132.3 487.8 606.4 899.8 895.3 1,010 1,073 1,172
Net income 1 56.39 - 407.9 502.2 517.7 595.4 638.6 697.2
Net Debt 1 3,280 3,217 2,663 2,504 3,822 3,554 3,607 3,345
Reference price 2 0.595 0.450 0.625 1.690 1.390 1.370 1.370 1.370
Nbr of stocks (in thousands) 6,800,839 6,800,839 6,800,839 6,800,839 6,800,839 6,800,839 - -
Announcement Date 24/02/22 28/02/23 23/02/24 26/02/25 26/02/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
15.07x4.79x12.88x3.36% 42.85B
8.64x1.5x7.82x4.11% 29.87B
19.16x4.05x16.54x1.3% 29.17B
5.84x0.68x1.41x8.62% 27.91B
13.76x3.05x14.62x2.55% 25.28B
8.35x0.93x3.37x2.68% 21.36B
8.86x2.28x7.02x3.94% 20.88B
14.22x6.72x18.27x1.5% 20.67B
10.12x1.64x14.19x3.73% 18.43B
Average 11.56x 2.85x 10.68x 3.53% 26.27B
Weighted average by Cap. 11.92x 2.96x 10.72x 3.59%

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

  1. Stock Market
  2. Stocks
  3. 5288 Stock
  4. SIMEF Stock
  5. Valuation Sime Darby Property