Company Valuation: Systech

Data adjusted to current consolidation scope
Fiscal Period: March 2020 2021 2022 2023 2024 2025
Market Cap 1 27.67 70.9 69.17 114.1 147 138.2
Change - 156.25% -2.44% 65% 28.79% -6%
Enterprise Value (EV) 1 27.54 69.63 69.67 110.9 145.1 134.6
Change - 152.8% 0.06% 59.12% 30.84% -7.22%
P/E -45.6x -53.1x -3.21x -19.2x -26.6x -17.1x
PBR 0.55x 1.47x 2.66x 5.63x 9.63x 2.88x
PEG - -0x -0x 0.3x 3.71x 0.8x
Capitalization / Revenue 0.99x 3.11x 3.09x 6.54x 5.85x 2.17x
EV / Revenue 0.98x 3.05x 3.11x 6.35x 5.77x 2.12x
EV / EBITDA 16.6x 133x -3.46x 85.5x -35x -36.9x
EV / EBIT 35.1x -508x -3.37x 157x -30.6x -28.6x
EV / FCF 20.3x 56.6x -5.16x -21.9x 9.83x -4.52x
FCF Yield 4.92% 1.77% -19.4% -4.57% 10.2% -22.1%
Dividend per Share 2 0.002 0.002 - - - -
Rate of return 2.5% 0.98% - - - -
EPS 2 -0.001754 -0.003859 -0.0623 -0.0172 -0.016 -0.0126
Distribution rate -114% -51.8% - - - -
Net sales 1 28.07 22.82 22.38 17.45 25.13 63.59
EBITDA 1 1.662 0.524 -20.13 1.297 -4.145 -3.647
EBIT 1 0.784 -0.137 -20.69 0.705 -4.748 -4.7
Net income 1 -0.61 -1.342 -21.65 -5.978 -5.549 -7.757
Net Debt 1 -0.124 -1.268 0.505 -3.262 -1.922 -3.575
Reference price 2 0.0800 0.2050 0.2000 0.3300 0.4250 0.2150
Nbr of stocks (in thousands) 345,848 345,848 345,848 345,848 345,848 642,626
Announcement Date 7/30/20 6/30/21 6/30/22 7/3/23 7/31/24 7/31/25
1MYR in Million2MYR
Estimates

P/E (N) EV / Sales (N) EV / EBITDA (N) Dividend Yield (N) Capi.($)
- - - - 30.28M
22.19x3.61x12.6x3.02% 211B
-102.81x16.32x94.23x-.--% 102B
12.28x1.36x7.12x3.91% 102B
15.34x2.8x10.59x5.36% 89.66B
20.46x5.35x13.13x2.8% 61.3B
14.8x2.16x9.15x5.28% 47.94B
20.64x1.69x10.33x1.42% 39.83B
21.15x1.56x9.88x0.9% 39.45B
18.35x2.36x11.29x4.71% 38.18B
Average 4.71x 4.13x 19.81x 3.04% 73.03B
Weighted average by Cap. 1.60x 4.74x 22.43x 3.03%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA