Apex Healthcare Berhad

KLSE:AHEALTH Stock Report

Market Cap: RM 1.7b

Apex Healthcare Berhad Valuation

Is AHEALTH undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AHEALTH when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AHEALTH (MYR2.43) is trading below our estimate of fair value (MYR2.45)

Significantly Below Fair Value: AHEALTH is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AHEALTH?

Key metric: As AHEALTH is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AHEALTH. This is calculated by dividing AHEALTH's market cap by their current earnings.
What is AHEALTH's PE Ratio?
PE Ratio21x
EarningsRM 83.14m
Market CapRM 1.75b

Price to Earnings Ratio vs Peers

How does AHEALTH's PE Ratio compare to its peers?

The above table shows the PE ratio for AHEALTH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.2x
DPHARMA Duopharma Biotech Berhad
21.4x23.0%RM 1.2b
KOTRA Kotra Industries Berhad
16.1x15.5%RM 654.1m
YSPSAH Y.S.P. Southeast Asia Holding Berhad
11.4xn/aRM 326.2m
RHONEMA Rhone Ma Holdings Berhad
12x5.8%RM 150.4m
AHEALTH Apex Healthcare Berhad
21x12.0%RM 1.7b

Price-To-Earnings vs Peers: AHEALTH is expensive based on its Price-To-Earnings Ratio (21x) compared to the peer average (15.2x).

Price to Earnings Ratio vs Industry

How does AHEALTH's PE Ratio compare vs other companies in the Asian Pharmaceuticals Industry?

13 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AHEALTH 21.0xIndustry Avg. 24.3xNo. of Companies76PE020406080100+
13 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AHEALTH is good value based on its Price-To-Earnings Ratio (21x) compared to the Asian Pharmaceuticals industry average (24.3x).

Price to Earnings Ratio vs Fair Ratio

What is AHEALTH's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AHEALTH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio21x
Fair PE Ratio19.6x

Price-To-Earnings vs Fair Ratio: AHEALTH is expensive based on its Price-To-Earnings Ratio (21x) compared to the estimated Fair Price-To-Earnings Ratio (19.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst AHEALTH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 2.43
RM 2.91
+19.9%
5.3%RM 3.12RM 2.75n/a3
Dec ’25RM 2.48
RM 2.79
+12.5%
9.0%RM 3.12RM 2.42n/a4
Nov ’25RM 2.68
RM 2.85
+6.3%
7.7%RM 3.12RM 2.51n/a4
Oct ’25RM 2.75
RM 2.85
+3.6%
7.7%RM 3.12RM 2.51n/a4
Sep ’25RM 2.72
RM 2.85
+4.8%
7.7%RM 3.12RM 2.51n/a4
Aug ’25RM 2.82
RM 2.78
-1.3%
7.8%RM 2.95RM 2.41n/a4
Jul ’25RM 2.83
RM 2.71
-4.4%
9.1%RM 2.95RM 2.40n/a5
Jun ’25RM 2.84
RM 2.71
-4.7%
9.1%RM 2.95RM 2.40n/a5
May ’25RM 3.30
RM 2.64
-19.9%
8.1%RM 2.90RM 2.40n/a5
Apr ’25RM 3.05
RM 2.64
-13.3%
8.1%RM 2.90RM 2.40n/a5
Mar ’25RM 2.90
RM 2.64
-8.8%
8.1%RM 2.90RM 2.40n/a5
Feb ’25RM 2.85
RM 2.55
-10.5%
7.7%RM 2.90RM 2.40n/a5
Jan ’25RM 2.49
RM 2.55
+2.5%
7.7%RM 2.90RM 2.40n/a5
Dec ’24RM 2.44
RM 2.47
+1.0%
4.1%RM 2.64RM 2.40RM 2.484
Nov ’24RM 2.44
RM 2.55
+4.5%
5.9%RM 2.75RM 2.40RM 2.684
Oct ’24RM 2.50
RM 2.55
+2.0%
5.9%RM 2.75RM 2.40RM 2.754
Sep ’24RM 2.55
RM 2.55
0%
5.9%RM 2.75RM 2.40RM 2.724
Aug ’24RM 2.47
RM 2.75
+11.4%
7.1%RM 3.05RM 2.54RM 2.824
Jul ’24RM 2.37
RM 2.75
+16.1%
7.1%RM 3.05RM 2.54RM 2.834
Jun ’24RM 2.57
RM 2.75
+6.9%
7.1%RM 3.05RM 2.54RM 2.844
May ’24RM 2.71
RM 2.80
+3.3%
6.2%RM 3.05RM 2.55RM 3.304
Apr ’24RM 2.72
RM 2.72
+0.0%
4.3%RM 2.81RM 2.55RM 3.053
Mar ’24RM 2.61
RM 2.72
+4.3%
4.3%RM 2.81RM 2.55RM 2.903
Feb ’24RM 2.25
RM 2.43
+7.9%
6.8%RM 2.60RM 2.21RM 2.853
Jan ’24RM 2.35
RM 2.43
+3.6%
6.8%RM 2.60RM 2.21RM 2.493
Dec ’23RM 2.23
RM 2.43
+9.2%
6.8%RM 2.60RM 2.21RM 2.443

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 14:44
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Apex Healthcare Berhad is covered by 7 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ken-Wern LimAffin Hwang Investment Bank
Khir GohAmInvestment Bank Berhad
null nullBIMB Securities Sdn. Bhd