Company Valuation: TSH Resources

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 1,491 1,477 1,346 1,709 1,548 1,389 - -
Change - -0.93% -8.88% 26.98% -9.41% -10.28% - -
Enterprise Value (EV) 1 2,325 1,662 1,398 1,703 1,445 1,134 995.3 850.3
Change - -28.5% -15.92% 21.87% -15.18% -21.5% -12.24% -14.57%
P/E 8.82x 3.23x 14.2x 12.3x 8.75x 9.82x 8.98x 9.38x
PBR 0.91x 0.78x 0.66x 0.86x 0.84x 0.7x 0.67x 0.67x
PEG - 0x -0.2x 0.3x 0.2x -0.6x 0.96x -2.17x
Capitalization / Revenue 1.25x 1.13x 1.26x 1.68x 1.46x 1.32x 1.28x 1.29x
EV / Revenue 1.96x 1.27x 1.31x 1.67x 1.36x 1.08x 0.91x 0.79x
EV / EBITDA 6.38x 4.88x 4.74x 4.83x 3.58x 3.45x 2.98x 2.5x
EV / EBIT 9.19x 6.96x 7.23x 7.6x 4.92x 4.91x 3.98x 3.64x
EV / FCF 6.67x 11.5x 8.31x 9.14x 5.81x 4.84x 4.47x 3.67x
FCF Yield 15% 8.69% 12% 10.9% 17.2% 20.7% 22.4% 27.2%
Dividend per Share 2 - 0.105 0.025 0.025 0.05 0.0421 0.0434 0.0492
Rate of return - 9.81% 2.56% 2% 4.1% 3.69% 3.81% 4.32%
EPS 2 0.1225 0.3315 0.0688 0.1019 0.1395 0.1161 0.127 0.1215
Distribution rate - 31.7% 36.3% 24.5% 35.8% 36.3% 34.2% 40.5%
Net sales 1 1,189 1,308 1,067 1,020 1,062 1,053 1,088 1,080
EBITDA 1 364.1 341 294.6 352.4 403.2 328.4 333.5 339.7
EBIT 1 253 239 193.4 224.2 293.9 230.8 249.9 233.4
Net income 1 169 457.5 94.96 140.5 182.9 148.9 163.2 157.1
Net Debt 1 834.2 185.5 51.98 -5.421 -103.2 -254.8 -393.6 -538.6
Reference price 2 1.080 1.070 0.975 1.250 1.220 1.140 1.140 1.140
Nbr of stocks (in thousands) 1,380,174 1,380,174 1,380,174 1,367,007 1,268,857 1,218,375 - -
Announcement Date 24/02/22 23/02/23 22/02/24 27/02/25 25/02/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
9.9x1.09x3.49x3.66% 345M
52.16x4.74x17.38x0.25% 47.55B
-27.76x2.1x30.08x0.22% 36.34B
-22.33x1.37x133.16x0.2% 16.47B
20.05x0.54x10.28x2.83% 11.85B
-11.25x0.78x28.74x-.--% 5.27B
9.15x1.09x9.09x4.43% 4.9B
10.1x0.26x3.75x1.63% 3.97B
-19.2x - - - 3.97B
19.58x - - 1.8% 3.7B
Average 4.04x 1.50x 29.50x 1.67% 13.44B
Weighted average by Cap. 10.16x 2.70x 35.10x 0.71%

Y-o-Y evolution of P/E

Valuation ratios - P/E - TSH Resources

Historical PBR trend

Valuation ratios - PBR - TSH Resources

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - TSH Resources

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - TSH Resources


Year-on-year evolution of the Yield

Valuation ratios - Yield - TSH Resources
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