Able Global Berhad

KLSE:ABLEGLOB Stock Report

Market Cap: RM 596.7m

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.

Below Fair Value: ABLEGLOB (MYR1.94) is trading below our estimate of fair value (MYR11.34)

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 Ratio8.9x
EarningsRM 67.37m
Market CapRM 596.67m

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 Average10.2x
KAWAN Kawan Food Berhad
21.4x25.0%RM 588.6m
APOLLO Apollo Food Holdings Berhad
9.3xn/aRM 520.0m
CIHLDG C.I. Holdings Berhad
6.4xn/aRM 437.4m
TEOSENG Teo Seng Capital Berhad
3.7x-5.8%RM 678.6m
ABLEGLOB Able Global Berhad
8.9x2.1%RM 596.7m

Price-To-Earnings vs Peers: ABLEGLOB is good value based on its Price-To-Earnings Ratio (8.9x) compared to the peer average (10.2x).

Price to Earnings Ratio vs Industry

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

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
ABLEGLOB 8.9xIndustry Avg. 13.6xNo. of Companies9PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ABLEGLOB is good value based on its Price-To-Earnings Ratio (8.9x) compared to the MY Food industry average (13.6x).

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 Ratio8.9x
Fair PE Ratio12.8x

Price-To-Earnings vs Fair Ratio: ABLEGLOB is good value based on its Price-To-Earnings Ratio (8.9x) compared to the estimated Fair Price-To-Earnings Ratio (12.8x).

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 1.94
RM 2.62
+35.2%
3.4%RM 2.75RM 2.55n/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 1.55n/a3
Jan ’25RM 1.50
RM 1.67
+11.1%
7.9%RM 1.85RM 1.55n/a3
Dec ’24RM 1.40
RM 1.67
+19.0%
7.9%RM 1.85RM 1.55n/a3
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
Jan ’24RM 1.35
RM 1.60
+18.5%
7.2%RM 1.76RM 1.49RM 1.503
Dec ’23RM 1.34
RM 1.64
+22.1%
5.5%RM 1.76RM 1.55RM 1.403
Nov ’23RM 1.35
RM 1.63
+20.7%
5.3%RM 1.75RM 1.55RM 1.283

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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