PGF Capital Berhad Valuation

Is PGF-PA 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 PGF-PA when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: PGF-PA (MYR1.41) is trading above our estimate of fair value (MYR0.11)

Significantly Below Fair Value: PGF-PA is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for PGF-PA?

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

The above table shows the Price to Earnings ratio for PGF-PA. This is calculated by dividing PGF-PA's market cap by their current earnings.
What is PGF-PA's PE Ratio?
PE Ratio	23.3x
Earnings	RM 17.34m
Market Cap	RM 403.40m

PGF-PA 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	2.6x
Enterprise Value/EBITDA	13x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does PGF-PA's PE Ratio compare to its peers?

The above table shows the PE ratio for PGF-PA 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	23.8x
AJIYA Ajiya Berhad	58.4x	n/a	RM 414.6m
ULICORP United U-LI Corporation Berhad	10.8x	41.4%	RM 352.8m
EFRAME Econframe Berhad	18.1x	49.9%	RM 198.7m
ASTINO Astino Berhad	7.8x	n/a	RM 291.2m
PGF-PA PGF Capital Berhad	23.3x	n/a	RM 403.4m

Price-To-Earnings vs Peers: PGF-PA is good value based on its Price-To-Earnings Ratio (23.3x) compared to the peer average (23.8x).

Price to Earnings Ratio vs Industry

How does PGF-PA's PE Ratio compare vs other companies in the Asian Building Industry?

5 Companies	Price / Earnings	Estimated Growth	Market Cap

5 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: PGF-PA is expensive based on its Price-To-Earnings Ratio (23.3x) compared to the Asian Building industry average (17.3x).

Price to Earnings Ratio vs Fair Ratio

What is PGF-PA'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.

PGF-PA PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	23.3x
Fair PE Ratio	n/a

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