Frontken Corporation Berhad

KLSE:FRONTKN Stock Report

Market Cap: RM 7.2b

Frontken Corporation Berhad Valuation

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: FRONTKN (MYR4.58) is trading above our estimate of fair value (MYR3.11)

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


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for FRONTKN. This is calculated by dividing FRONTKN's market cap by their current earnings.
What is FRONTKN's PE Ratio?
PE Ratio56.4x
EarningsRM 128.42m
Market CapRM 7.25b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for FRONTKN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.4x
SDCG Solar District Cooling Group Berhad
50.1x32.9%RM 226.7m
MYEG My E.G. Services Berhad
10.7x2.2%RM 7.2b
MCLEAN MClean Technologies Berhad
31.6xn/aRM 61.1m
CTOS CTOS Digital Berhad
21.2x13.6%RM 2.7b
FRONTKN Frontken Corporation Berhad
56.4x19.4%RM 7.2b

Price-To-Earnings vs Peers: FRONTKN is expensive based on its Price-To-Earnings Ratio (56.4x) compared to the peer average (28.4x).


Price to Earnings Ratio vs Industry

How does FRONTKN's PE Ratio compare vs other companies in the Asian Commercial Services Industry?

15 CompaniesPrice / EarningsEstimated GrowthMarket Cap
FRONTKN 56.4xIndustry Avg. 17.4xNo. of Companies70PE01632486480+
15 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: FRONTKN is expensive based on its Price-To-Earnings Ratio (56.4x) compared to the Asian Commercial Services industry average (17.1x).


Price to Earnings Ratio vs Fair Ratio

What is FRONTKN'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.

FRONTKN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio56.4x
Fair PE Ratio23.8x

Price-To-Earnings vs Fair Ratio: FRONTKN is expensive based on its Price-To-Earnings Ratio (56.4x) compared to the estimated Fair Price-To-Earnings Ratio (23.8x).


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 FRONTKN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 4.58
RM 4.68
+2.2%
9.0%RM 5.45RM 4.25n/a8
Dec ’25RM 4.00
RM 4.68
+17.1%
9.0%RM 5.45RM 4.25n/a8
Nov ’25RM 3.80
RM 4.75
+24.9%
8.4%RM 5.45RM 4.25n/a8
Oct ’25RM 3.78
RM 4.79
+26.7%
11.8%RM 5.80RM 4.20n/a8
Sep ’25RM 3.60
RM 4.79
+33.1%
11.8%RM 5.80RM 4.20n/a8
Aug ’25RM 4.33
RM 4.90
+13.3%
11.1%RM 5.80RM 4.20n/a8
Jul ’25RM 4.50
RM 4.67
+3.9%
10.4%RM 5.80RM 4.20n/a8
Jun ’25RM 4.25
RM 4.46
+4.8%
5.1%RM 4.80RM 4.20n/a7
May ’25RM 3.94
RM 4.38
+11.2%
6.0%RM 4.80RM 4.11n/a7
Apr ’25RM 3.86
RM 4.27
+10.5%
5.3%RM 4.75RM 4.00n/a7
Mar ’25RM 3.65
RM 4.27
+16.9%
5.3%RM 4.75RM 4.00n/a7
Feb ’25RM 3.46
RM 3.75
+8.5%
9.9%RM 4.20RM 3.25n/a7
Jan ’25RM 3.24
RM 3.75
+15.8%
9.9%RM 4.20RM 3.25n/a7
Dec ’24RM 3.18
RM 3.75
+18.0%
9.9%RM 4.20RM 3.25RM 4.007
Nov ’24RM 3.15
RM 3.75
+19.1%
9.9%RM 4.20RM 3.25RM 3.807
Oct ’24RM 3.15
RM 3.65
+15.8%
10.7%RM 4.20RM 3.07RM 3.786
Sep ’24RM 3.45
RM 3.58
+3.9%
11.0%RM 4.20RM 3.07RM 3.607
Aug ’24RM 3.27
RM 3.40
+3.8%
10.1%RM 4.00RM 3.00RM 4.337
Jul ’24RM 3.15
RM 3.32
+5.5%
7.4%RM 3.80RM 3.00RM 4.507
Jun ’24RM 3.19
RM 3.32
+4.2%
7.4%RM 3.80RM 3.00RM 4.257
May ’24RM 3.04
RM 3.49
+14.9%
9.6%RM 4.10RM 3.10RM 3.947
Apr ’24RM 3.12
RM 3.51
+12.5%
9.7%RM 4.10RM 3.10RM 3.867
Mar ’24RM 3.13
RM 3.51
+12.1%
9.7%RM 4.10RM 3.10RM 3.657
Feb ’24RM 3.29
RM 3.34
+1.7%
9.7%RM 3.80RM 2.76RM 3.467
Jan ’24RM 3.08
RM 3.19
+3.4%
9.5%RM 3.55RM 2.76RM 3.246
Dec ’23RM 3.24
RM 3.19
-1.7%
9.5%RM 3.55RM 2.76RM 3.186

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 Analysis2024/12/26 04:14
End of Day Share Price 2024/12/26 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

Frontken Corporation Berhad is covered by 12 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin LowAffin Hwang Investment Bank
Yi Jing ChuaAffin Hwang Investment Bank
Megat FaisCitigroup Inc