Y&G Corporation Bhd Valuation

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

Y&G (MYR0.62) is trading below our estimate of [[fair value]] (MYR4.57)

Is Y&G 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-Sales vs Peers
Price-To-Sales vs Industry
Price-To-Sales vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: Y&G (MYR0.62) is trading below our estimate of fair value (MYR4.57)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for Y&G?

Key metric: As Y&G is barely profitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for Y&G. This is calculated by dividing Y&G's market cap by their current revenue.
What is Y&G's PS Ratio?
PS Ratio	4.9x
Sales	RM 27.46m
Market Cap	RM 134.36m

Y&G 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	4.2x
Enterprise Value/EBITDA	41.2x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does Y&G's PS Ratio compare to its peers?

The above table shows the PS ratio for Y&G vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	2x
PLB PLB Engineering Berhad	1x	n/a	RM 129.3m
BENALEC Benalec Holdings Berhad	1.4x	n/a	RM 112.1m
LEBTECH Lebtech Berhad	5.3x	n/a	RM 107.8m
AZRB Ahmad Zaki Resources Berhad	0.3x	n/a	RM 144.3m
Y&G Y&G Corporation Bhd	4.9x	n/a	RM 134.4m

Price-To-Sales vs Peers: Y&G is expensive based on its Price-To-Sales Ratio (4.9x) compared to the peer average (2x).

Price to Sales Ratio vs Industry

How does Y&G's PS Ratio compare vs other companies in the MY Construction Industry?

6 Companies	Price / Sales	Estimated Growth	Market Cap
EDGENTA UEM Edgenta Berhad	0.2x	3.2%	US$115.41m
PRTASCO Protasco Berhad	0.09x	n/a	US$24.26m
TJSETIA Tuju Setia Berhad	0.1x	n/a	US$15.60m
VIZIONE Vizione Holdings Berhad	0.2x	n/a	US$10.53m

6 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: Y&G is expensive based on its Price-To-Sales Ratio (4.9x) compared to the MY Construction industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is Y&G's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Y&G PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	4.9x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate Y&G's Price-To-Sales 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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