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.($)
- - - - 26.03M
15.83x4.98x13.4x3.2% 45.04B
8.79x1.51x7.72x4.01% 30.91B
20.36x4.2x17.14x1.23% 30.8B
14.9x3.17x15.19x2.36% 27.19B
5.57x0.59x1.22x9.04% 26.61B
9.19x2.37x7.3x3.8% 21.66B
14.86x6.8x18.18x1.43% 21.45B
7.67x0.85x3.09x2.91% 19.63B
Average 12.15x 3.06x 10.41x 3.5% 24.81B
Weighted average by Cap. 12.69x 3.21x 10.86x 3.5%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA