RCE Capital Berhad

KLSE:RCECAP Stock Report

Market Cap: RM 2.6b

RCE Capital Berhad Valuation

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

Below Fair Value: RCECAP (MYR1.74) is trading above our estimate of fair value (MYR1.03)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for RCECAP. This is calculated by dividing RCECAP's market cap by their current earnings.
What is RCECAP's PE Ratio?
PE Ratio20.9x
EarningsRM 121.78m
Market CapRM 2.55b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for RCECAP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.1x
AEONCR AEON Credit Service (M) Berhad
9.2x12.0%RM 3.5b
WELLCHIP Well Chip Group Berhad
15.8x14.7%RM 720.0m
ELKDESA ELK-Desa Resources Berhad
15.7x17.3%RM 559.4m
PPJACK Pappajack Berhad
35.9xn/aRM 814.3m
RCECAP RCE Capital Berhad
20.9x11.1%RM 2.6b

Price-To-Earnings vs Peers: RCECAP is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the peer average (19.1x).

Price to Earnings Ratio vs Industry

How does RCECAP's PE Ratio compare vs other companies in the Asian Consumer Finance Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
RCECAP 20.9xIndustry Avg. 14.0xNo. of Companies26PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: RCECAP is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the Asian Consumer Finance industry average (14.2x).

Price to Earnings Ratio vs Fair Ratio

What is RCECAP'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.

RCECAP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio20.9x
Fair PE Ratio20.5x

Price-To-Earnings vs Fair Ratio: RCECAP is expensive based on its Price-To-Earnings Ratio (20.9x) compared to the estimated Fair Price-To-Earnings Ratio (20.5x).

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 RCECAP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 1.74
RM 1.43
-17.8%
9.8%RM 1.59RM 1.25n/a3
Nov ’25RM 1.63
RM 1.46
-10.2%
6.7%RM 1.59RM 1.35n/a3
Oct ’25RM 1.53
RM 1.48
-3.3%
6.7%RM 1.59RM 1.35n/a3
Sep ’25RM 1.62
RM 1.48
-8.4%
6.7%RM 1.59RM 1.35n/a3
Aug ’25RM 1.54
RM 1.43
-7.1%
11.7%RM 1.59RM 1.20n/a3
Jul ’25RM 1.43
RM 1.43
+0.4%
11.7%RM 1.59RM 1.20n/a3
Jun ’25RM 1.42
RM 1.43
+1.1%
11.7%RM 1.59RM 1.20n/a3
May ’25RM 1.39
RM 1.30
-6.3%
9.6%RM 1.48RM 1.20n/a3
Apr ’25RM 1.35
RM 1.32
-1.6%
8.6%RM 1.48RM 1.20n/a3
Mar ’25RM 1.42
RM 1.32
-6.8%
8.6%RM 1.48RM 1.20n/a3
Feb ’25RM 1.59
RM 1.22
-23.1%
5.9%RM 1.30RM 1.15n/a2
Jan ’25RM 1.53
RM 1.22
-20.1%
5.9%RM 1.30RM 1.15n/a2
Dec ’24RM 1.36
RM 1.22
-10.1%
5.9%RM 1.30RM 1.15n/a2
Nov ’24RM 1.24
RM 1.15
-7.7%
3.9%RM 1.19RM 1.10RM 1.632
Oct ’24RM 1.24
RM 1.15
-7.3%
3.9%RM 1.19RM 1.10RM 1.532
Sep ’24RM 1.20
RM 1.15
-4.2%
3.9%RM 1.19RM 1.10RM 1.622
Aug ’24RM 1.12
RM 1.08
-3.3%
9.9%RM 1.19RM 0.97RM 1.542
Jul ’24RM 1.11
RM 1.01
-9.0%
3.0%RM 1.04RM 0.97RM 1.432
Jun ’24RM 1.02
RM 1.01
-1.0%
3.0%RM 1.04RM 0.97RM 1.422
May ’24RM 0.94
RM 0.93
-1.6%
5.4%RM 0.97RM 0.88RM 1.392
Apr ’24RM 0.91
RM 0.93
+1.6%
5.4%RM 0.97RM 0.88RM 1.352
Mar ’24RM 0.89
RM 0.93
+4.5%
5.4%RM 0.97RM 0.88RM 1.422
Feb ’24RM 0.92
RM 0.93
+0.5%
5.4%RM 0.97RM 0.88RM 1.592
Jan ’24RM 0.84
RM 0.93
+9.5%
5.4%RM 0.97RM 0.88RM 1.532
Dec ’23RM 0.97
RM 0.90
-7.2%
8.3%RM 0.97RM 0.82RM 1.362
Nov ’23RM 0.79
RM 0.89
+13.0%
7.6%RM 0.96RM 0.82RM 1.242

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies