Sunview Group Berhad Valuation

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

SUNVIEW (MYR0.43) is trading below our estimate of [[fair value]] (MYR0.45)

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

Below Fair Value: SUNVIEW (MYR0.43) is trading below our estimate of fair value (MYR0.45)

Significantly Below Fair Value: SUNVIEW is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SUNVIEW. This is calculated by dividing SUNVIEW's market cap by their current earnings.
What is SUNVIEW's PE Ratio?
PE Ratio	26.1x
Earnings	RM 9.36m
Market Cap	RM 244.12m

SUNVIEW 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	0.9x
Enterprise Value/EBITDA	14.1x
PEG Ratio	1.3x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SUNVIEW 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	11.9x
SUCCESS Success Transformer Corporation Berhad	8.1x	n/a	RM 178.1m
METROD Metrod Holdings Berhad	9.8x	n/a	RM 165.6m
UMSNGB UMS-Neiken Group Berhad	11.9x	n/a	RM 74.0m
SCGBHD Southern Cable Group Berhad	17.9x	20.9%	RM 849.6m
SUNVIEW Sunview Group Berhad	26.1x	19.8%	RM 244.1m

Price-To-Earnings vs Peers: SUNVIEW is expensive based on its Price-To-Earnings Ratio (26.1x) compared to the peer average (11.9x).

Price to Earnings Ratio vs Industry

How does SUNVIEW's PE Ratio compare vs other companies in the Asian Electrical Industry?

23 Companies	Price / Earnings	Estimated Growth	Market Cap

23 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: SUNVIEW is good value based on its Price-To-Earnings Ratio (26.1x) compared to the Asian Electrical industry average (28.3x).

Price to Earnings Ratio vs Fair Ratio

What is SUNVIEW'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.

SUNVIEW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	26.1x
Fair PE Ratio	15.3x

Price-To-Earnings vs Fair Ratio: SUNVIEW is expensive based on its Price-To-Earnings Ratio (26.1x) compared to the estimated Fair Price-To-Earnings Ratio (15.3x).

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 SUNVIEW 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 0.43	RM 0.63 +45.3%	20.0%	RM 0.75	RM 0.50	n/a	2
Nov ’25	RM 0.45	RM 0.63 +38.9%	20.0%	RM 0.75	RM 0.50	n/a	2
Oct ’25	RM 0.50	RM 0.85 +70.0%	11.8%	RM 0.95	RM 0.75	n/a	2
Sep ’25	RM 0.48	RM 0.92 +90.6%	3.8%	RM 0.95	RM 0.88	n/a	2
Aug ’25	RM 0.67	RM 0.92 +36.6%	3.8%	RM 0.95	RM 0.88	n/a	2
Jul ’25	RM 0.74	RM 0.92 +22.8%	3.8%	RM 0.95	RM 0.88	n/a	2
Jun ’25	RM 0.65	RM 0.92 +40.8%	3.8%	RM 0.95	RM 0.88	n/a	2
May ’25	RM 0.67	RM 0.92 +36.6%	3.8%	RM 0.95	RM 0.88	n/a	2
Apr ’25	RM 0.64	RM 0.92 +43.0%	3.8%	RM 0.95	RM 0.88	n/a	2
Sep ’24	RM 0.84	RM 1.19 +41.7%	10.9%	RM 1.32	RM 1.06	RM 0.48	2
Aug ’24	RM 0.83	RM 1.19 +43.4%	10.9%	RM 1.32	RM 1.06	RM 0.67	2
Jul ’24	RM 0.91	RM 0.86 -5.5%	23.3%	RM 1.06	RM 0.66	RM 0.74	2
Jun ’24	RM 0.73	RM 0.86 +17.0%	23.3%	RM 1.06	RM 0.66	RM 0.65	2
May ’24	RM 0.75	RM 0.71 -5.7%	30.3%	RM 1.06	RM 0.48	RM 0.67	4
Apr ’24	RM 0.79	RM 0.71 -9.9%	30.3%	RM 1.06	RM 0.48	RM 0.64	4
Mar ’24	RM 0.78	RM 0.71 -9.3%	30.3%	RM 1.06	RM 0.48	RM 0.67	4
Feb ’24	RM 0.69	RM 0.59 -14.1%	11.5%	RM 0.66	RM 0.48	RM 0.66	4
Jan ’24	RM 0.54	RM 0.59 +9.7%	11.5%	RM 0.66	RM 0.48	RM 0.74	4
Dec ’23	RM 0.48	RM 0.57 +17.5%	11.4%	RM 0.63	RM 0.48	RM 0.64	3
Nov ’23	RM 0.43	RM 0.57 +32.6%	11.4%	RM 0.63	RM 0.48	RM 0.70	3

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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