Berjaya Land Berhad Valuation

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

BJLAND (MYR0.34) is trading above our estimate of [[fair value]] (MYR0.12)

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

Below Fair Value: BJLAND (MYR0.34) is trading above our estimate of fair value (MYR0.12)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for BJLAND. This is calculated by dividing BJLAND's market cap by their current revenue.
What is BJLAND's PS Ratio?
PS Ratio	0.2x
Sales	RM 7.65b
Market Cap	RM 1.64b

BJLAND 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	1.1x
Enterprise Value/EBITDA	18.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for BJLAND 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	1.3x
MAGNUM Magnum Berhad	0.8x	1.4%	RM 1.8b
SPTOTO Sports Toto Berhad	0.3x	2.2%	RM 2.1b
BJASSET Berjaya Assets Berhad	2.9x	n/a	RM 716.3m
RGB RGB International Bhd	1x	n/a	RM 577.8m
BJLAND Berjaya Land Berhad	0.2x	n/a	RM 1.6b

Price-To-Sales vs Peers: BJLAND is good value based on its Price-To-Sales Ratio (0.2x) compared to the peer average (1.3x).

Price to Sales Ratio vs Industry

How does BJLAND's PS Ratio compare vs other companies in the MY Hospitality Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap
Industry Avg.	1.5x	4.0%
BJLAND Berjaya Land Berhad	0.2x	n/a	US$365.38m

No more companies available in this PS range

1 Company		Estimated Growth	Market Cap
Industry Avg.	1.5x	21.2%
BJLAND Berjaya Land Berhad	0.2x	n/a	US$365.38m

No more companies

Price-To-Sales vs Industry: BJLAND is good value based on its Price-To-Sales Ratio (0.2x) compared to the MY Hospitality industry average (1.5x).

Price to Sales Ratio vs Fair Ratio

What is BJLAND'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.

BJLAND PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.2x
Fair PS Ratio	n/a

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