Company Valuation: Spritzer

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 440.9 463.7 578.8 977.4 1,700 2,291 - -
Change - 5.16% 24.83% 68.86% 73.94% 34.79% - -
Enterprise Value (EV) 1 440.9 458.1 548.6 955.8 1,655 2,247 2,212 2,134
Change - 3.89% 19.75% 74.24% 73.2% 35.72% -1.54% -3.56%
P/E 18.7x 13.1x 12.1x 6.98x 19x 18.1x 17.7x 16.6x
PBR - 1.22x 1.1x 0.84x 2.58x 3.14x 2.73x 2.48x
PEG - 0.3x 0.4x 0x -0.5x 0.4x 8.23x 2.44x
Capitalization / Revenue 1.33x 1.07x 1.18x 1.69x 2.59x 2.85x 2.65x 2.51x
EV / Revenue 1.33x 1.06x 1.12x 1.65x 2.52x 2.79x 2.56x 2.33x
EV / EBITDA 8.82x 6.99x 6.11x 8.45x 10.7x 11.7x 11.1x 9.98x
EV / EBIT 14.3x 9.95x 8.12x 11.6x 13.5x 13.5x 12.9x 11.6x
EV / FCF - - - - - - - -
FCF Yield - - - - - - - -
Dividend per Share 2 0.015 0.0208 0.0275 - 0.05 0.0588 0.0638 0.0692
Rate of return 2.14% 2.81% 3.01% - 1.87% 1.64% 1.78% 1.93%
EPS 2 0.0374 0.0567 0.0759 0.2199 0.1406 0.1975 0.2018 0.2155
Distribution rate 40.1% 36.8% 36.2% - 35.6% 29.7% 31.6% 32.1%
Net sales 1 331 433.3 490.7 579 656.9 805.3 865.6 914.5
EBITDA 1 50 65.56 89.8 113.1 154.9 191.3 199 213.8
EBIT 1 30.87 46.06 67.54 82.06 122.5 165.8 172 183.5
Net income 1 24.24 36.96 49.49 71.11 90.76 124.2 129 137.8
Net Debt 1 - -5.596 -30.24 -21.58 -44.6 -44.6 -79.1 -157.9
Reference price 2 0.700 0.740 0.915 1.535 2.670 3.580 3.580 3.580
Nbr of stocks (in thousands) 629,906 626,608 632,583 636,738 636,738 640,083 - -
Announcement Date 25/02/22 27/02/23 28/02/24 28/02/25 27/02/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
18.13x2.79x11.75x1.64% 560M
26.54x8.33x24.11x2.33% 392B
16.07x2.22x11.58x4.38% 182B
39.51x8.77x28.44x-.--% 89.02B
21.81x6.29x14.02x3.24% 58.61B
22.75x2.5x13.79x2.21% 49.19B
21.38x2.87x11.03x2.68% 47.44B
16.78x1.6x7.89x3.84% 23.87B
19.33x1.69x10.54x2.37% 22.49B
18.33x1.59x7.86x4.43% 19.78B
Average 22.06x 3.86x 14.10x 2.71% 88.51B
Weighted average by Cap. 24.26x 5.86x 18.87x 2.68%

Y-o-Y evolution of P/E

Valuation ratios - P/E - Spritzer

Historical PBR trend

Valuation ratios - PBR - Spritzer

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - Spritzer

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - Spritzer


Year-on-year evolution of the Yield

Valuation ratios - Yield - Spritzer