Sunway Construction Group Berhad

KLSE:SUNCON Stock Report

Market Cap: RM 6.0b

Sunway Construction Group Berhad Valuation

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

Below Fair Value: SUNCON (MYR4.63) is trading below our estimate of fair value (MYR10.6)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SUNCON. This is calculated by dividing SUNCON's market cap by their current earnings.
What is SUNCON's PE Ratio?
PE Ratio35.7x
EarningsRM 167.00m
Market CapRM 5.97b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SUNCON vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.8x
IJM IJM Corporation Berhad
19.2x7.6%RM 10.9b
KERJAYA Kerjaya Prospek Group Berhad
19x17.6%RM 2.9b
MRCB Malaysian Resources Corporation Berhad
16.4x-20.7%RM 2.3b
KGB Kelington Group Berhad
20.7x15.8%RM 2.5b
SUNCON Sunway Construction Group Berhad
35.7x26.0%RM 6.0b

Price-To-Earnings vs Peers: SUNCON is expensive based on its Price-To-Earnings Ratio (35.7x) compared to the peer average (18.8x).

Price to Earnings Ratio vs Industry

How does SUNCON's PE Ratio compare vs other companies in the MY Construction Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AZRB Ahmad Zaki Resources Berhad
1.1xn/aUS$32.96m
INGENIEU Ingenieur Gudang Berhad
2.8xn/aUS$13.54m
ZELAN Zelan Berhad
1.8xn/aUS$13.21m
No more companies available in this PE range
SUNCON 35.7xIndustry Avg. 18.8xNo. of Companies8PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SUNCON is expensive based on its Price-To-Earnings Ratio (35.7x) compared to the MY Construction industry average (18.8x).

Price to Earnings Ratio vs Fair Ratio

What is SUNCON'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.

SUNCON PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio35.7x
Fair PE Ratio27.3x

Price-To-Earnings vs Fair Ratio: SUNCON is expensive based on its Price-To-Earnings Ratio (35.7x) compared to the estimated Fair Price-To-Earnings Ratio (27.3x).

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 SUNCON forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 4.63
RM 4.74
+2.3%
15.0%RM 6.00RM 3.70n/a16
Dec ’25RM 4.30
RM 4.79
+11.4%
13.9%RM 6.00RM 3.70n/a16
Nov ’25RM 4.15
RM 4.85
+17.0%
16.4%RM 6.68RM 3.70n/a15
Oct ’25RM 4.49
RM 4.79
+6.7%
16.1%RM 6.15RM 3.70n/a14
Sep ’25RM 4.01
RM 4.77
+18.9%
15.4%RM 6.15RM 3.70n/a13
Aug ’25RM 4.70
RM 4.55
-3.3%
24.7%RM 6.29RM 2.30n/a13
Jul ’25RM 3.90
RM 3.93
+0.7%
16.0%RM 4.90RM 2.30n/a13
Jun ’25RM 3.15
RM 3.35
+6.2%
15.7%RM 3.91RM 2.30n/a13
May ’25RM 3.03
RM 3.01
-0.6%
13.0%RM 3.59RM 2.30n/a14
Apr ’25RM 2.90
RM 3.01
+3.9%
13.0%RM 3.59RM 2.30n/a14
Mar ’25RM 2.49
RM 2.85
+14.6%
13.9%RM 3.59RM 2.26n/a14
Feb ’25RM 2.25
RM 2.15
-4.3%
11.5%RM 2.70RM 1.73n/a14
Jan ’25RM 1.94
RM 2.10
+8.1%
8.6%RM 2.46RM 1.73RM 4.6314
Dec ’24RM 1.83
RM 2.07
+13.1%
7.5%RM 2.26RM 1.73RM 4.3013
Nov ’24RM 1.91
RM 2.04
+7.0%
8.5%RM 2.39RM 1.73RM 4.1513
Oct ’24RM 1.90
RM 2.01
+5.7%
9.6%RM 2.39RM 1.69RM 4.4913
Sep ’24RM 1.95
RM 1.98
+1.4%
7.3%RM 2.14RM 1.69RM 4.0114
Aug ’24RM 1.80
RM 1.95
+8.4%
8.1%RM 2.14RM 1.57RM 4.7013
Jul ’24RM 1.55
RM 1.96
+26.5%
8.0%RM 2.14RM 1.57RM 3.9014
Jun ’24RM 1.69
RM 1.95
+15.4%
8.2%RM 2.14RM 1.57RM 3.1514
May ’24RM 1.75
RM 1.94
+10.9%
7.7%RM 2.13RM 1.57RM 3.0313
Apr ’24RM 1.66
RM 1.93
+16.5%
7.8%RM 2.13RM 1.57RM 2.9013
Mar ’24RM 1.67
RM 1.92
+15.1%
8.9%RM 2.13RM 1.57RM 2.4913
Feb ’24RM 1.63
RM 1.89
+16.0%
10.2%RM 2.13RM 1.53RM 2.2513
Jan ’24RM 1.56
RM 1.80
+15.7%
10.7%RM 2.10RM 1.51RM 1.9413

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 Analysis2025/01/02 22:02
End of Day Share Price 2025/01/02 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

Sunway Construction Group Berhad is covered by 28 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chee Wei LoongAffin Hwang Investment Bank
Jia LimAffin Hwang Investment Bank
Khir GohAmInvestment Bank Berhad