APM Automotive Holdings Berhad Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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 APM when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: APM (MYR2.83) is trading below our estimate of fair value (MYR7.87)

Significantly Below Fair Value: APM is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for APM. This is calculated by dividing APM's market cap by their current earnings.
What is APM's PE Ratio?
PE Ratio	7.8x
Earnings	RM 70.73m
Market Cap	RM 553.25m

APM key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.2x
Enterprise Value/EBITDA	2x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for APM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	12.1x
FEYTECH Feytech Holdings Berhad	10.9x	20.4%	RM 476.4m
PECCA Pecca Group Berhad	17.8x	n/a	RM 978.3m
NHFATT New Hoong Fatt Holdings Berhad	7.3x	n/a	RM 322.4m
MCEHLDG MCE Holdings Berhad	12.4x	n/a	RM 197.7m
APM APM Automotive Holdings Berhad	7.8x	n/a	RM 553.2m

Price-To-Earnings vs Peers: APM is good value based on its Price-To-Earnings Ratio (7.8x) compared to the peer average (12.1x).

Price to Earnings Ratio vs Industry

How does APM's PE Ratio compare vs other companies in the Asian Auto Components Industry?

42 Companies	Price / Earnings	Estimated Growth	Market Cap

42 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: APM is good value based on its Price-To-Earnings Ratio (7.8x) compared to the Asian Auto Components industry average (18.9x).

Price to Earnings Ratio vs Fair Ratio

What is APM'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.

APM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	7.8x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate APM's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

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

Analyst Forecast: Insufficient data to show price forecast.

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