Company Valuation: Acoustech

Data adjusted to current consolidation scope
Fiscal Period: December 2020 2021 2022 2023 2024 2025
Market Cap 1 68.63 101.2 72.29 107.5 94.61 70.96
Change - 47.42% -28.54% 48.72% -12% -25%
Enterprise Value (EV) 1 86.56 111.9 88.7 114 108.2 63.02
Change - 29.32% -20.76% 28.48% -5.08% -41.74%
P/E -2.22x -49x -6.99x -105x -8.44x 7.32x
PBR 0.87x 0.86x 0.6x 0.73x 0.65x 0.46x
PEG - 0.5x -0x 1.1x -0x -0x
Capitalization / Revenue 13.2x 3.99x 4.24x 1.64x 1.97x 1.01x
EV / Revenue 16.7x 4.42x 5.21x 1.74x 2.25x 0.9x
EV / EBITDA -3.47x -20.6x -9.11x 83.7x 100x 10.5x
EV / EBIT -3.45x -20.2x -8.97x 113x 143x 11.1x
EV / FCF 42.5x -3.84x -6.38x -5.38x -4.07x 5.85x
FCF Yield 2.35% -26% -15.7% -18.6% -24.6% 17.1%
Dividend per Share 2 - - - - - -
Rate of return - - - - - -
EPS 2 -0.1398 -0.004799 -0.0207 -0.001426 -0.0142 0.0123
Distribution rate - - - - - -
Net sales 1 5.186 25.35 17.04 65.38 48.11 70.25
EBITDA 1 -24.98 -5.433 -9.734 1.362 1.082 6.017
EBIT 1 -25.1 -5.535 -9.89 1.005 0.7544 5.695
Net income 1 -28.03 -1.73 -10.03 -0.9841 -10.49 9.699
Net Debt 1 17.94 10.77 16.41 6.445 13.56 -7.935
Reference price 2 0.3100 0.2350 0.1450 0.1500 0.1200 0.0900
Nbr of stocks (in thousands) 221,371 430,510 498,561 716,766 788,443 788,443
Announcement Date 5/28/21 4/29/22 4/28/23 4/30/24 4/29/25 3/27/26
1MYR in Million2MYR
Estimates

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
- - - - 24.21M
15.32x4.85x13.03x3.31% 43.62B
20.93x4.27x17.53x1.2% 31.13B
8.13x1.43x7.17x4.38% 29.27B
5.92x0.69x1.42x8.43% 28.54B
13.98x3.07x14.73x2.51% 25.18B
15.13x6.83x18.32x1.41% 21.51B
8.77x2.22x7.12x4.03% 20.29B
9.75x1.62x13.77x3.88% 18.02B
Average 12.24x 3.12x 11.64x 3.64% 24.18B
Weighted average by Cap. 12.68x 3.24x 11.59x 3.66%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA