Company Valuation: Dialog Group

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 16,307 12,019 11,624 13,486 8,915 11,229 - -
Change - -26.3% -3.29% 16.02% -33.89% 25.95% - -
Enterprise Value (EV) 1 16,780 12,542 12,066 13,616 8,855 9,599 10,376 10,364
Change - -25.25% -3.8% 12.85% -34.96% 8.4% -3.21% -0.12%
P/E 30x 23.7x 22.8x 23.5x 29.4x 17.7x 17.5x 17x
PBR 3.55x 2.38x 2.09x 2.27x 1.55x 1.75x 1.66x 1.53x
PEG - -3.62x 41.04x 1.9x -0.6x 0.2x 1.79x 5.72x
Capitalization / Revenue 10.1x 5.18x 3.87x 4.28x 3.56x 3.64x 3.55x 3.51x
EV / Revenue 10.4x 5.41x 4.02x 4.32x 3.54x 3.33x 3.28x 3.24x
EV / EBITDA 27x 21.7x 23.3x 17.7x 19.2x 11.4x 13.4x 12.5x
EV / EBIT 42.6x 37x 46x 31.4x 67.3x 19.5x 25.6x 23.7x
EV / FCF -60.5x 30.7x 18.8x 13.6x 11.4x 13.4x 40.8x 18.5x
FCF Yield -1.65% 3.26% 5.31% 7.35% 8.8% 7.46% 2.45% 5.4%
Dividend per Share 2 0.031 0.034 0.037 0.043 0.031 0.047 0.0473 0.0507
Rate of return 1.07% 1.6% 1.8% 1.8% 1.96% 2.53% 2.43% 2.6%
EPS 2 0.0963 0.09 0.0905 0.1019 0.0538 0.1052 0.1113 0.1146
Distribution rate 32.2% 37.8% 40.9% 42.2% 57.6% 44.7% 42.5% 44.2%
Net sales 1 1,610 2,319 3,002 3,152 2,502 2,885 3,160 3,199
EBITDA 1 620.6 578.1 517.1 767.7 460.9 840.3 772.9 827.3
EBIT 1 394 338.8 262.2 434.1 131.5 491.7 405.2 436.5
Net income 1 543.1 508 510.5 575 303.8 593.6 642.8 667
Net Debt 1 473.7 523.8 441.9 129.8 -60.1 -896.1 -852.5 -865.2
Reference price 2 2.890 2.130 2.060 2.390 1.580 1.950 1.950 1.950
Nbr of stocks (in thousands) 5,642,397 5,642,570 5,642,578 5,642,613 5,642,685 5,642,685 - -
Announcement Date 19/8/21 18/8/22 15/8/23 15/8/24 20/8/25 20/8/26 - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.23x3.66x15.22x2.21% 2.7B
22.8x2.45x11.19x2.09% 83.2B
19.83x2.48x13.83x1.56% 58.63B
24.91x2.72x13.42x0.26% 29.94B
14.95x1.56x8.51x1.91% 29.86B
27.18x0.51x4.39x3.83% 9.71B
23.6x0.88x7.7x1.83% 7.52B
7.01x1.48x5.86x3.01% 6.91B
31.92x6.08x10.94x3.14% 6.46B
16.64x1.41x6.64x1.24% 6.37B
Average 20.81x 2.32x 9.77x 2.11% 24.13B
Weighted average by Cap. 21.16x 2.31x 11.16x 1.81%

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

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