Aimflex Berhad Valuation

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

AIMFLEX (MYR0.18) is trading below our estimate of [[fair value]] (MYR0.27)

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: AIMFLEX (MYR0.18) is trading below our estimate of fair value (MYR0.27)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AIMFLEX. This is calculated by dividing AIMFLEX's market cap by their current earnings.
What is AIMFLEX's PE Ratio?
PE Ratio	25.4x
Earnings	RM 10.14m
Market Cap	RM 257.75m

AIMFLEX 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	2x
Enterprise Value/EBITDA	13x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AIMFLEX 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	49.1x
EITA EITA Resources Berhad	11.6x	n/a	RM 220.3m
UNIMECH Unimech Group Berhad	8.5x	n/a	RM 220.2m
TONGHER Tong Herr Resources Berhad	143.7x	n/a	RM 277.9m
CHINWEL Chin Well Holdings Berhad	32.9x	39.1%	RM 285.0m
AIMFLEX Aimflex Berhad	25.4x	n/a	RM 257.8m

Price-To-Earnings vs Peers: AIMFLEX is good value based on its Price-To-Earnings Ratio (25.4x) compared to the peer average (49.1x).

Price to Earnings Ratio vs Industry

How does AIMFLEX's PE Ratio compare vs other companies in the MY Machinery Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
MBL Muar Ban Lee Group Berhad	2.8x	n/a	US$21.48m
JASKITA Jasa Kita Berhad	2x	n/a	US$17.16m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: AIMFLEX is expensive based on its Price-To-Earnings Ratio (25.4x) compared to the MY Machinery industry average (21x).

Price to Earnings Ratio vs Fair Ratio

What is AIMFLEX'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.

AIMFLEX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	25.4x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AIMFLEX'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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