Company Valuation: CARO RINONPV

Data adjusted to current consolidation scope
Fiscal Period: June 2020 2021 2022 2023 2024 2025
Market Cap 1 52.37 96.68 173.2 161.1 177.2 151.5
Change - 84.62% 79.17% -6.98% 10% -14.52%
Enterprise Value (EV) 1 27.04 77.4 147.5 130.7 146.3 77.21
Change - 186.2% 90.59% -11.4% 11.94% -47.23%
P/E 17.4x 24.3x 7.79x 6.76x 9.18x 8.88x
PBR 0.73x 1.34x 1.92x 1.61x 1.59x 0.95x
PEG - 0.7x 0x 0.93x -0.5x -0.3x
Capitalization / Revenue 0.65x 1.26x 1.7x 1.42x 1.69x 1.53x
EV / Revenue 0.34x 1.01x 1.45x 1.15x 1.4x 0.78x
EV / EBITDA 3.4x 8.41x 4.87x 3.69x 4.91x 3.08x
EV / EBIT 5.13x 11.1x 5.23x 3.95x 5.4x 3.45x
EV / FCF 0.91x 7.25x 9.53x 8.52x 8.99x 7.18x
FCF Yield 109% 13.8% 10.5% 11.7% 11.1% 13.9%
Dividend per Share 2 0.01 0.005 0.01 0.02 0.02 0.02
Rate of return 7.69% 2.08% 2.33% 5% 4.55% 6.45%
EPS 2 0.00745 0.009891 0.0552 0.0592 0.0479 0.0349
Distribution rate 134% 50.6% 18.1% 33.8% 41.7% 57.3%
Net sales 1 80.61 76.46 101.8 113.5 104.8 98.87
EBITDA 1 7.957 9.207 30.31 35.38 29.8 25.08
EBIT 1 5.271 6.95 28.22 33.07 27.1 22.35
Net income 1 3.001 3.984 22.23 23.85 19.3 15.67
Net Debt 1 -25.32 -19.28 -25.71 -30.44 -30.95 -74.31
Reference price 2 0.1300 0.2400 0.4300 0.4000 0.4400 0.3100
Nbr of stocks (in thousands) 402,826 402,826 402,826 402,826 402,826 488,759
Announcement Date 30/10/20 28/10/21 31/10/22 31/10/23 5/11/24 30/10/25
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 23.33M
26.59x4.1x14.51x3.35% 208B
47.29x5.82x24.23x0.78% 150B
31.76x3.03x20.27x0.72% 79.63B
51.1x2.86x11.01x1.25% 38.6B
22.54x4.06x16.22x1.04% 31.06B
22.44x1.49x8.46x4.19% 29.13B
18.94x2.62x11.73x2.21% 23.63B
30.55x1.78x15.09x-.--% 22B
15.64x1.85x7.84x4.14% 11.07B
Average 29.65x 3.07x 14.37x 1.96% 59.37B
Weighted average by Cap. 33.34x 3.99x 17.10x 1.97%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA

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