Company Valuation: Fraser & Neave Holdings

Data adjusted to current consolidation scope
Fiscal Period: September 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 9,793 7,922 9,279 11,451 9,991 10,710 - -
Change - -19.1% 17.13% 23.4% -12.75% 7.2% - -
Enterprise Value (EV) 9,793 7,922 9,236 11,079 9,429 10,710 10,710 10,710
Change - -19.1% 16.57% 19.96% -14.89% 13.58% 0% 0%
P/E 24.8x 20.7x 17.3x 21.1x 19.7x 23.2x 19.8x 15.8x
PBR 3.47x 2.66x 2.77x 3.2x 2.59x 2.64x 2.42x 2.2x
PEG - -6.75x 0.4x 18.13x -3.13x -2.58x 1.2x 0.6x
Capitalization / Revenue 2.37x 1.77x 1.86x 2.18x 1.92x 2.07x 1.93x 1.84x
EV / Revenue 0x 0x 0x 0x 0x 2.07x 1.93x 1.84x
EV / EBITDA 0x 0x 0x 0x 0x 12.2x 11.1x 9.77x
EV / EBIT 0x 0x 0x 0x 0x 14.6x 12.7x 11.2x
EV / FCF 0x -0x - 0x -0x 78.3x 14.1x 14.8x
FCF Yield 4.82% -1.14% - 4.15% -0.81% 1.28% 7.07% 6.77%
Dividend per Share 2 0.6 0.6 0.6 0.8 0.65 0.6538 0.7478 0.9253
Rate of return 2.25% 2.78% 2.37% 2.56% 2.39% 2.24% 2.56% 3.17%
EPS 2 1.076 1.043 1.461 1.478 1.385 1.26 1.475 1.845
Distribution rate 55.8% 57.5% 41.1% 54.1% 46.9% 51.9% 50.7% 50.2%
Net sales 1 4,131 4,470 5,001 5,246 5,197 5,165 5,535 5,833
EBITDA 1 944.6 574.1 789.2 854.2 896.6 877.8 966 1,096
EBIT 1 472.3 447.9 642.9 709.5 745.5 735.2 842.3 954.4
Net income 1 395.2 383.2 536.9 542.8 508.5 476.5 582.1 654.4
Net Debt - - -43.98 -371.8 -561.7 - - -
Reference price 2 26.70 21.60 25.30 31.22 27.24 29.20 29.20 29.20
Nbr of stocks (in thousands) 366,779 366,779 366,779 366,779 366,779 366,779 - -
Announcement Date 11/3/21 11/8/22 11/7/23 11/5/24 11/7/25 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
23.17x - - 2.24% 2.61B
24.79x7.72x21.89x2.61% 351B
15.39x2.67x11.2x3.02% 42.05B
20.14x1.77x11.15x2.23% 24.2B
16.2x1.48x7.25x4.58% 19.39B
45.03x6.06x26.26x0.42% 16.27B
10.48x1.78x10.24x4.6% 13.57B
27.73x2.01x9.24x1.94% 9.01B
16.14x0.68x5.11x2.59% 8.88B
Average 22.12x 3.02x 12.79x 2.69% 54.1B
Weighted average by Cap. 23.57x 6.28x 19.11x 2.67%

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

  1. Stock Market
  2. Stocks
  3. 3689 Stock
  4. Valuation Fraser & Neave Holdings