Able Global Berhad

KLSE:ABLEGLOB Stock Report

Market Cap: RM 556.7m

Able Global Berhad Valuation

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

Discounted Cash Flow
Simply Wall St
RM 5.39
Fair Value
66.4% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: ABLEGLOB (MYR1.81) is trading below our estimate of fair value (MYR5.39)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ABLEGLOB. This is calculated by dividing ABLEGLOB's market cap by their current earnings.
What is ABLEGLOB's PE Ratio?
PE Ratio8.1x
EarningsRM 68.88m
Market CapRM 556.69m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ABLEGLOB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.1x
TEOSENG Teo Seng Capital Berhad
3.7x-5.8%RM 693.0m
APOLLO Apollo Food Holdings Berhad
9.4xn/aRM 532.8m
MFLOUR Malayan Flour Mills Berhad
27.3x43.5%RM 675.3m
KAWAN Kawan Food Berhad
19.9x27.0%RM 547.2m
ABLEGLOB Able Global Berhad
8.1x3.9%RM 556.7m

Price-To-Earnings vs Peers: ABLEGLOB is good value based on its Price-To-Earnings Ratio (8.1x) compared to the peer average (15.1x).

Price to Earnings Ratio vs Industry

How does ABLEGLOB's PE Ratio compare vs other companies in the MY Food Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
LAYHONG Lay Hong Berhad
2xn/aUS$56.31m
No more companies available in this PE range
ABLEGLOB 8.1xIndustry Avg. 12.1xNo. of Companies10PE0816243240+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ABLEGLOB is good value based on its Price-To-Earnings Ratio (8.1x) compared to the MY Food industry average (12.1x).

Price to Earnings Ratio vs Fair Ratio

What is ABLEGLOB'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.

ABLEGLOB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.1x
Fair PE Ratio12.4x

Price-To-Earnings vs Fair Ratio: ABLEGLOB is good value based on its Price-To-Earnings Ratio (8.1x) compared to the estimated Fair Price-To-Earnings Ratio (12.4x).

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 ABLEGLOB forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 1.81
RM 2.66
+46.8%
2.8%RM 2.75RM 2.57n/a3
Jan ’26RM 1.93
RM 2.66
+37.7%
2.8%RM 2.75RM 2.57n/a3
Dec ’25RM 1.93
RM 2.66
+37.7%
2.8%RM 2.75RM 2.57n/a3
Nov ’25RM 1.91
RM 2.62
+37.3%
3.4%RM 2.75RM 2.55n/a3
Oct ’25RM 1.97
RM 2.62
+33.2%
3.4%RM 2.75RM 2.55n/a3
Sep ’25RM 1.98
RM 2.62
+32.5%
3.4%RM 2.75RM 2.55n/a3
Aug ’25RM 1.99
RM 2.46
+23.8%
4.8%RM 2.57RM 2.30n/a3
Jul ’25RM 2.06
RM 2.46
+19.6%
4.8%RM 2.57RM 2.30n/a3
Jun ’25RM 2.04
RM 2.25
+10.5%
10.6%RM 2.52RM 1.94n/a3
May ’25RM 1.74
RM 2.01
+15.3%
6.2%RM 2.18RM 1.90n/a3
Apr ’25RM 1.74
RM 2.01
+15.3%
6.2%RM 2.18RM 1.90n/a3
Mar ’25RM 1.71
RM 1.94
+13.6%
9.2%RM 2.18RM 1.75n/a3
Feb ’25RM 1.48
RM 1.67
+12.6%
7.9%RM 1.85RM 1.55RM 1.873
Jan ’25RM 1.50
RM 1.67
+11.1%
7.9%RM 1.85RM 1.55RM 1.933
Dec ’24RM 1.40
RM 1.67
+19.0%
7.9%RM 1.85RM 1.55RM 1.933
Nov ’24RM 1.28
RM 1.60
+24.7%
4.9%RM 1.69RM 1.50RM 1.913
Oct ’24RM 1.29
RM 1.60
+23.8%
4.9%RM 1.69RM 1.50RM 1.973
Sep ’24RM 1.34
RM 1.60
+19.2%
4.9%RM 1.69RM 1.50RM 1.983
Aug ’24RM 1.30
RM 1.59
+22.3%
5.4%RM 1.69RM 1.48RM 1.993
Jul ’24RM 1.27
RM 1.59
+25.2%
5.4%RM 1.69RM 1.48RM 2.063
Jun ’24RM 1.30
RM 1.59
+22.3%
5.4%RM 1.69RM 1.48RM 2.043
May ’24RM 1.32
RM 1.61
+22.0%
3.7%RM 1.69RM 1.55RM 1.743
Apr ’24RM 1.31
RM 1.61
+22.9%
3.7%RM 1.69RM 1.55RM 1.743
Mar ’24RM 1.35
RM 1.63
+21.0%
5.6%RM 1.76RM 1.55RM 1.713
Feb ’24RM 1.48
RM 1.60
+8.1%
7.2%RM 1.76RM 1.49RM 1.483
Analyst Price Target
Consensus Narrative from 3 Analysts
RM 2.66
Fair Value
31.9% undervalued intrinsic discount
3
Number of Analysts

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

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 19:48
End of Day Share Price 2025/02/07 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.

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 Github.

Analyst Sources

Able Global Berhad is covered by 6 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Minwei MakInter-Pacific Research Sdn Bhd
Tzu ChanOSK-DMG
null nullPublic Investment Bank Berhad