Milux Corporation Berhad Valuation

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

MILUX (MYR0.55) is trading above our estimate of [[fair value]] (MYR0.03)

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

Below Fair Value: MILUX (MYR0.55) is trading above our estimate of fair value (MYR0.03)

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

Key Valuation Metric

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

Key metric: As MILUX is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for MILUX. This is calculated by dividing MILUX's market cap by their current revenue.
What is MILUX's PS Ratio?
PS Ratio	2.6x
Sales	RM 49.00m
Market Cap	RM 129.28m

MILUX 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	2.3x
Enterprise Value/EBITDA	-62.4x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

How does MILUX's PS Ratio compare to its peers?

The above table shows the PS ratio for MILUX 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	1x
KHIND Khind Holdings Berhad	0.2x	n/a	RM 100.9m
PENSONI Pensonic Holdings Berhad	0.3x	n/a	RM 88.4m
PANAMY Panasonic Manufacturing Malaysia Berhad	1.2x	17.2%	RM 1.1b
DPS DPS Resources Berhad	2.2x	n/a	RM 137.4m
MILUX Milux Corporation Berhad	2.6x	n/a	RM 129.3m

Price-To-Sales vs Peers: MILUX is expensive based on its Price-To-Sales Ratio (2.6x) compared to the peer average (1x).

Price to Sales Ratio vs Industry

How does MILUX's PS Ratio compare vs other companies in the MY Consumer Durables Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap
CAMRES CAM Resources Berhad	0.2x	n/a	US$14.30m

No more companies available in this PS range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: MILUX is expensive based on its Price-To-Sales Ratio (2.6x) compared to the MY Consumer Durables industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is MILUX'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.

MILUX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	2.6x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate MILUX'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.