Company Valuation: IOI Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 23,495 23,858 23,140 22,954 23,202 29,540 - -
Change - 1.54% -3.01% -0.8% 1.08% 27.32% - -
Enterprise Value (EV) 1 26,368 26,287 24,662 24,477 24,878 30,775 30,562 30,273
Change - -0.31% -6.18% -0.75% 1.64% 23.7% -0.69% -0.95%
P/E 16.9x 13.8x 20.8x 20.7x 15.3x 20x 19x 18.2x
PBR 2.35x 2.18x 2.04x 1.97x 1.89x 2.25x 2.17x 2.05x
PEG - 0.6x -0.6x -53.08x 0.4x -5.04x 3.69x 4.46x
Capitalization / Revenue 2.09x 1.53x 2x 2.39x 2.05x 2.56x 2.4x 2.35x
EV / Revenue 2.34x 1.69x 2.13x 2.55x 2.19x 2.67x 2.49x 2.41x
EV / EBITDA 16.8x 10.5x 12.9x 15.5x 14.2x 14.9x 14x 13.7x
EV / EBIT 21.8x 12.2x 16x 20.7x 18.4x 19.7x 18.8x 18x
EV / FCF 103x 19.2x 16.7x 43.1x 69.6x 25.9x 27.2x 23.6x
FCF Yield 0.97% 5.2% 5.99% 2.32% 1.44% 3.86% 3.67% 4.23%
Dividend per Share 2 0.105 0.14 0.11 0.095 0.105 0.1152 0.119 0.1247
Rate of return 2.79% 3.65% 2.95% 2.57% 2.81% 2.45% 2.53% 2.65%
EPS 2 0.2226 0.2774 0.1795 0.1788 0.2451 0.2354 0.2475 0.2576
Distribution rate 47.2% 50.5% 61.3% 53.1% 42.8% 48.9% 48.1% 48.4%
Net sales 1 11,252 15,579 11,584 9,604 11,335 11,517 12,289 12,557
EBITDA 1 1,572 2,512 1,915 1,577 1,754 2,065 2,190 2,210
EBIT 1 1,212 2,153 1,541 1,180 1,349 1,559 1,625 1,682
Net income 1 1,394 1,725 1,114 1,109 1,521 1,482 1,563 1,629
Net Debt 1 2,873 2,429 1,522 1,523 1,676 1,234 1,022 732.4
Reference price 2 3.760 3.840 3.730 3.700 3.740 4.700 4.700 4.700
Nbr of stocks (in thousands) 6,248,774 6,212,972 6,203,697 6,203,697 6,203,697 6,285,199 - -
Announcement Date 8/24/21 8/23/22 8/22/23 8/26/24 8/28/25 - - -
1MYR in Million2MYR
Estimates

P/E, Detailed evolution

P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.97x2.67x14.9x2.45% 7.31B
17.64x2.31x9.9x2.83% 11.37B
14.24x1.18x9.49x2.97% 5.41B
12.46x3.25x7.96x4.65% 5.39B
14.05x2.1x7.08x5.18% 2.92B
9.1x2.98x7.57x9.68% 2.2B
41.47x - - - 1.27B
9.86x1.92x4.55x3.83% 1.24B
Average 17.35x 2.34x 8.78x 4.51% 4.64B
Weighted average by Cap. 16.62x 2.37x 10.01x 3.69%

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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