EPB Group Berhad Valuation

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

EPB (MYR0.58) is trading above our estimate of [[fair value]] (MYR0.15)

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: EPB (MYR0.58) is trading above our estimate of fair value (MYR0.15)

Significantly Below Fair Value: EPB is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for EPB. This is calculated by dividing EPB's market cap by their current earnings.
What is EPB's PE Ratio?
PE Ratio	15x
Earnings	RM 14.26m
Market Cap	RM 213.90m

EPB 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	1.5x
Enterprise Value/EBITDA	9.1x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EPB 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	14x
UNIMECH Unimech Group Berhad	8.5x	n/a	RM 220.2m
EITA EITA Resources Berhad	11.5x	n/a	RM 218.8m
AIMFLEX Aimflex Berhad	25.4x	n/a	RM 257.8m
KEINHIN Kein Hing International Berhad	10.7x	n/a	RM 154.6m
EPB EPB Group Berhad	15x	n/a	RM 213.9m

Price-To-Earnings vs Peers: EPB is expensive based on its Price-To-Earnings Ratio (15x) compared to the peer average (14x).

Price to Earnings Ratio vs Industry

How does EPB'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$21.40m
JASKITA Jasa Kita Berhad	1.8x	n/a	US$15.59m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: EPB is good value based on its Price-To-Earnings Ratio (15x) compared to the MY Machinery industry average (21.4x).

Price to Earnings Ratio vs Fair Ratio

What is EPB'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.

EPB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	15x
Fair PE Ratio	n/a

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

The above table shows the analyst EPB forecast and predictions for the stock price in 12 month’s time.
Date	Share Price	Average 1Y Price Target	Dispersion	High	Low	1Y Actual price	Analysts
Current	RM 0.57	RM 0.71 +23.5%	8.5%	RM 0.77	RM 0.65	n/a	2
Nov ’25	RM 0.58	RM 0.71 +21.4%	8.5%	RM 0.77	RM 0.65	n/a	2
Oct ’25	RM 0.59	RM 0.71 +20.3%	8.5%	RM 0.77	RM 0.65	n/a	2
Sep ’25	RM 0.59	RM 0.71 +20.3%	8.5%	RM 0.77	RM 0.65	n/a	2
Aug ’25	n/a	RM 0.71 0%	8.5%	RM 0.77	RM 0.65	n/a	2

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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