| Select LTM Revenue Multiple | | | | | | | | |
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| Benchmark Companies | | | |
| SUBUR | UPA | HEVEA | KANGER | AURO | | MENTIGA | |
| KLSE:SUBUR | KLSE:UPA | KLSE:HEVEA | KLSE:KANGER | KLSE:AURO | | KLSE:MENTIGA | |
| Historical Revenue Growth | | | | | | | | |
| 5Y CAGR | 6.4% | -3.6% | -4.8% | -10.8% | NM- | | 15.0% | |
| 3Y CAGR | 0.1% | -6.0% | -4.1% | 17.6% | 80.3% | | 39.9% | |
| Latest Twelve Months | -7.5% | -14.2% | 10.4% | -54.2% | 172.1% | | 8.1% | |
| | | | | | | | |
| Historical EBIT Profit Margin | | | | | | | | |
| 5 Year Average Margin | 1.9% | 7.5% | 0.8% | -105.2% | -225.3% | | -54.9% | |
| Prior Fiscal Year | -0.5% | 9.5% | -3.2% | 12.3% | -27.9% | | -41.5% | |
| Latest Fiscal Year | 6.8% | 0.2% | -4.2% | -43.5% | -40.3% | | -10.8% | |
| Latest Twelve Months | 6.8% | 0.2% | -4.2% | -71.0% | -40.3% | | -10.8% | |
| | | | | | | | |
| Current Trading Multiples | | | | | | | | |
| EV / LTM Revenue | 1.68x | 0.79x | 0.15x | 1.18x | 5.67x | | 2.15x | |
| EV / LTM EBIT | 24.6x | 388.8x | -3.7x | -1.7x | -14.1x | | -19.9x | |
| Price / LTM Sales | 0.28x | 1.29x | 0.41x | 1.28x | 5.05x | | 0.97x | |
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| | | | | | | | |
| Low | Mid | High | | | | | |
| | | | | | | | |
| Benchmark EV / LTM Revenue | 0.15x | 1.18x | 5.67x | | | | | |
| Historical EV / LTM Revenue | 2.15x | 3.35x | 9.02x | | | | | |
| | | | | | | | |
| Selected EV / LTM Revenue | 2.23x | 2.35x | 2.47x | | | | | |
| (x) LTM Revenue | 31 | 31 | 31 | | | | | |
| (=) Implied Enterprise Value | 68 | 72 | 76 | | | | | |
| (-) Non-shareholder Claims * | (36) | (36) | (36) | | | | | |
| (=) Equity Value | 32 | 36 | 40 | | | | | |
| (/) Shares Outstanding | 70.0 | 70.0 | 70.0 | | | | | |
| Implied Value Range | 0.46 | 0.51 | 0.57 | | | | | |
| FX Rate: MYR/MYR | 1.0 | 1.0 | 1.0 | | Market Price | | | |
| Implied Value Range (Trading Cur) | 0.46 | 0.51 | 0.57 | | 0.42 | | | |
| Upside / (Downside) | 10.1% | 22.3% | 34.6% | | | | | |