Genting Malaysia Berhad

KLSE:GENM Stock Report

Market Cap: RM 12.1b

Genting Malaysia Berhad Valuation

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

Valuation Score

6/6

Valuation Score 6/6

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

Below Fair Value: GENM (MYR2.13) is trading below our estimate of fair value (MYR4.3)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for GENM. This is calculated by dividing GENM's market cap by their current earnings.
What is GENM's PE Ratio?
PE Ratio12.7x
EarningsRM 948.83m
Market CapRM 12.07b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for GENM vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.4x
GENTING Genting Berhad
11.5x20.1%RM 13.8b
MAGNUM Magnum Berhad
12.6x10.0%RM 1.7b
SPTOTO Sports Toto Berhad
10.1x6.1%RM 2.0b
RGB RGB International Bhd
27.2x81.8%RM 608.6m
GENM Genting Malaysia Berhad
12.7x10.8%RM 12.1b

Price-To-Earnings vs Peers: GENM is good value based on its Price-To-Earnings Ratio (12.7x) compared to the peer average (15.4x).

Price to Earnings Ratio vs Industry

How does GENM's PE Ratio compare vs other companies in the Asian Hospitality Industry?

21 CompaniesPrice / EarningsEstimated GrowthMarket Cap
GENM 12.7xIndustry Avg. 21.4xNo. of Companies62PE01632486480+
21 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: GENM is good value based on its Price-To-Earnings Ratio (12.7x) compared to the Asian Hospitality industry average (21.4x).

Price to Earnings Ratio vs Fair Ratio

What is GENM'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.

GENM PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio12.7x
Fair PE Ratio15.5x

Price-To-Earnings vs Fair Ratio: GENM is good value based on its Price-To-Earnings Ratio (12.7x) compared to the estimated Fair Price-To-Earnings Ratio (15.5x).

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 GENM forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 2.13
RM 2.99
+40.3%
13.3%RM 3.65RM 2.28n/a13
Dec ’25RM 2.16
RM 3.03
+40.5%
11.5%RM 3.65RM 2.28n/a13
Nov ’25RM 2.25
RM 3.14
+39.8%
8.8%RM 3.65RM 2.65n/a14
Oct ’25RM 2.44
RM 3.17
+29.9%
10.5%RM 4.00RM 2.65n/a14
Sep ’25RM 2.52
RM 3.17
+25.8%
10.5%RM 4.00RM 2.65n/a14
Aug ’25RM 2.57
RM 3.27
+27.1%
10.1%RM 4.00RM 2.67n/a14
Jul ’25RM 2.55
RM 3.25
+27.4%
10.0%RM 4.00RM 2.67n/a15
Jun ’25RM 2.65
RM 3.26
+22.9%
10.0%RM 4.00RM 2.67n/a15
May ’25RM 2.64
RM 3.22
+21.8%
10.8%RM 4.00RM 2.67n/a13
Apr ’25RM 2.72
RM 3.17
+16.5%
11.5%RM 4.00RM 2.55n/a15
Mar ’25RM 2.80
RM 3.17
+13.2%
11.8%RM 4.00RM 2.55n/a15
Feb ’25RM 2.70
RM 3.07
+13.6%
13.1%RM 4.00RM 2.55n/a15
Jan ’25RM 2.69
RM 3.06
+13.7%
13.4%RM 4.00RM 2.55n/a15
Dec ’24RM 2.69
RM 3.16
+17.5%
14.8%RM 4.00RM 2.55RM 2.1616
Nov ’24RM 2.41
RM 3.15
+30.7%
15.0%RM 4.00RM 2.48RM 2.2516
Oct ’24RM 2.50
RM 3.16
+26.3%
15.0%RM 4.00RM 2.48RM 2.4416
Sep ’24RM 2.58
RM 3.17
+23.0%
14.6%RM 4.00RM 2.48RM 2.5217
Aug ’24RM 2.56
RM 3.15
+23.1%
13.4%RM 4.00RM 2.34RM 2.5717
Jul ’24RM 2.46
RM 3.21
+30.4%
12.3%RM 4.00RM 2.34RM 2.5517
Jun ’24RM 2.51
RM 3.24
+29.2%
13.1%RM 4.00RM 2.34RM 2.6517
May ’24RM 2.71
RM 3.38
+24.9%
12.6%RM 4.15RM 2.41RM 2.6417
Apr ’24RM 2.65
RM 3.34
+26.1%
11.6%RM 4.00RM 2.41RM 2.7217
Mar ’24RM 2.70
RM 3.34
+23.8%
11.6%RM 4.00RM 2.41RM 2.8017
Feb ’24RM 2.84
RM 3.41
+20.2%
10.4%RM 4.00RM 2.50RM 2.7018
Jan ’24RM 2.69
RM 3.45
+28.3%
12.9%RM 4.70RM 2.50RM 2.6918
Dec ’23RM 2.65
RM 3.49
+31.6%
12.1%RM 4.70RM 2.50RM 2.6918

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/21 02:53
End of Day Share Price 2024/12/20 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

Genting Malaysia Berhad is covered by 36 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ken-Wern LimAffin Hwang Investment Bank
King CheahAlliance Research Sdn. Bhd.
Huey GanAmInvestment Bank Berhad