Company Valuation: VSTECS

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 442.7 417.2 470.7 1,440 1,444 2,000 - -
Change - -5.76% 12.82% 206.06% 0.25% 38.52% - -
Enterprise Value (EV) 442.7 417.2 470.7 1,440 1,444 2,000 2,000 2,000
Change - -5.76% 12.82% 206.06% 0.25% 38.52% 0% 0%
P/E 8.05x 7.01x 6.98x 20.4x 14.7x 16.9x 14.4x 11.6x
PBR - 1.02x 1.03x 2.87x 2.52x 3.07x 2.68x -
PEG - 0.83x 0.5x 4.28x 0.4x 0.8x 0.8x 0.5x
Capitalization / Revenue - 0.15x 0.17x 0.5x 0.4x 0.43x 0.35x -
EV / Revenue - 0x 0x 0x 0x 0.43x 0.35x -
EV / EBITDA - 0x 0x 0x 0x 13.2x 10.8x -
EV / EBIT - 0x 0x 0x 0x 13.2x 10.9x -
EV / FCF - - - - -0x 57.2x 46.5x -
FCF Yield - - - - -1.49% 1.75% 2.15% -
Dividend per Share 2 - 0.0207 0.022 - 0.0227 0.0363 0.0427 0.053
Rate of return - 5.3% 5% - 1.68% 1.94% 2.28% 2.83%
EPS 2 0.0513 0.0557 0.063 0.066 0.0917 0.1103 0.1297 0.161
Distribution rate - 37.1% 34.9% - 24.7% 32.9% 32.9% 32.9%
Net sales 1 - 2,771 2,727 2,902 3,597 4,652 5,768 -
EBITDA 1 - 79.51 82.42 89.95 124.1 152 184.5 -
EBIT 1 - 76.61 79.28 86.53 119.7 151.2 184 -
Net income 1 54.99 59.68 67.43 70.57 98.18 118.1 138.7 -
Net Debt - - - - - - - -
Reference price 2 0.413 0.390 0.440 1.347 1.350 1.870 1.870 1.870
Nbr of stocks (in thousands) 1,071,004 1,069,666 1,069,666 1,069,666 1,069,666 1,069,666 - -
Announcement Date 22/02/22 21/02/23 27/02/24 26/02/25 27/02/26 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
17.22x - - 1.91% 491M
23.75x1.66x15.12x0.61% 265B
81.71x20.26x55.36x0.27% 242B
21.51x1.72x9.03x1.2% 62.78B
23.13x0.44x8.48x1.74% 37.64B
25.51x4.07x16.09x1.6% 29.74B
21x0.36x10.83x0.68% 22.88B
10.37x0.46x5.66x5.11% 21.49B
37.53x21.44x30.84x1.26% 20.67B
72.55x - - 0.12% 20.08B
Average 33.43x 6.30x 18.93x 1.45% 72.25B
Weighted average by Cap. 44.28x 8.62x 28.18x 0.79%

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

-40%: Exceptional extension
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