IOI Corporation Berhad

KLSE:IOICORP Stock Report

Market Cap: RM 25.4b

IOI Corporation Berhad Valuation

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

Valuation Score

1/6

Valuation Score 1/6

  • Below Future Cash Flow Value

  • Significantly Below Future Cash Flow Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Future Cash Flow Value

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

Ultimate guide to DCF valuation for stock investing

Learn how to determine fair value like the best investors in the world.

Below Future Cash Flow Value: IOICORP (MYR4.04) is trading above our estimate of future cash flow value (MYR3.32)

Significantly Below Future Cash Flow Value: IOICORP is trading above our estimate of future cash flow value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for IOICORP. This is calculated by dividing IOICORP's market cap by their current earnings.
What is IOICORP's PE Ratio?
PE Ratio15.9x
EarningsRM 1.60b
Market CapRM 25.39b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for IOICORP vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.9x
KLK Kuala Lumpur Kepong Berhad
23.1x11.18%RM 22.6b
SDG SD Guthrie Berhad
16.4x-3.30%RM 40.9b
UTDPLT United Plantations Berhad
22.9xn/aRM 18.8b
GENP Genting Plantations Berhad
13.2x2.90%RM 4.7b
IOICORP IOI Corporation Berhad
15.9x0.28%RM 25.4b

Price-To-Earnings vs Peers: IOICORP is good value based on its Price-To-Earnings Ratio (15.9x) compared to the peer average (18.9x).

Historical Price to Earnings Ratio

Historical Price to Earnings Ratio compares a stock's price to its earnings over time. Higher ratios indicate that investors are willing to pay more for the stock.

Fetching historical data

Price to Earnings Ratio vs Industry

How does IOICORP'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
IOICORP 15.9xIndustry Avg. 11.1xNo. of Companies13PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IOICORP is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the MY Food industry average (10.9x).

Price to Earnings Ratio vs Fair Ratio

What is IOICORP'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.

IOICORP PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.9x
Fair PE Ratio14.6x

Price-To-Earnings vs Fair Ratio: IOICORP is expensive based on its Price-To-Earnings Ratio (15.9x) compared to the estimated Fair Price-To-Earnings Ratio (14.6x).

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 IOICORP forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 4.04
RM 4.60
+13.95%
8.14%RM 5.35RM 4.00n/a16
May ’27RM 4.32
RM 4.60
+6.57%
8.14%RM 5.35RM 4.00n/a16
Apr ’27RM 4.22
RM 4.42
+4.64%
5.75%RM 4.85RM 4.00n/a16
Mar ’27RM 3.96
RM 4.40
+11.19%
5.72%RM 4.85RM 4.00n/a16
Feb ’27RM 3.99
RM 4.32
+8.25%
6.02%RM 4.75RM 3.90n/a15
Jan ’27RM 4.00
RM 4.33
+8.33%
5.79%RM 4.75RM 3.90n/a16
Dec ’26RM 4.03
RM 4.31
+6.82%
6.34%RM 4.75RM 3.85n/a16
Nov ’26RM 4.02
RM 4.10
+2.04%
7.38%RM 4.60RM 3.53n/a16
Oct ’26RM 3.96
RM 4.06
+2.43%
7.69%RM 4.60RM 3.53n/a16
Sep ’26RM 3.86
RM 4.04
+4.76%
7.86%RM 4.60RM 3.53n/a16
Aug ’26RM 3.75
RM 4.06
+8.35%
7.35%RM 4.60RM 3.60n/a16
Jul ’26RM 3.76
RM 4.09
+8.67%
7.78%RM 4.60RM 3.55n/a17
Jun ’26RM 3.60
RM 4.07
+13.17%
8.23%RM 4.60RM 3.50n/a17
May ’26RM 3.66
RM 4.11
+12.23%
9.64%RM 4.90RM 3.25RM 4.3216
Apr ’26RM 3.65
RM 4.20
+15.19%
10.03%RM 5.00RM 3.25RM 4.2216
Mar ’26RM 3.89
RM 4.21
+8.34%
11.11%RM 5.00RM 3.25RM 3.9616
Feb ’26RM 3.72
RM 4.21
+13.12%
11.21%RM 5.00RM 3.25RM 3.9916
Jan ’26RM 3.88
RM 4.20
+8.13%
11.56%RM 5.00RM 3.25RM 4.0016
Dec ’25RM 3.80
RM 4.16
+9.42%
11.62%RM 5.00RM 3.25RM 4.0316
Nov ’25RM 3.84
RM 4.04
+5.16%
9.63%RM 4.50RM 3.25RM 4.0216
Oct ’25RM 3.74
RM 4.04
+7.97%
9.63%RM 4.50RM 3.25RM 3.9616
Sep ’25RM 4.02
RM 4.06
+1.07%
9.16%RM 4.50RM 3.25RM 3.8616
Aug ’25RM 3.79
RM 4.14
+9.27%
9.35%RM 4.80RM 3.25RM 3.7516
Jul ’25RM 3.73
RM 4.15
+11.26%
9.46%RM 4.80RM 3.25RM 3.7616
Jun ’25RM 3.82
RM 4.14
+8.48%
9.24%RM 4.70RM 3.25RM 3.6016
May ’25RM 4.07
RM 4.15
+2.04%
10.30%RM 4.80RM 3.25RM 3.6616
RM 4.6
Fair Value
12.2% undervalued intrinsic discount
16
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/15 00:51
End of Day Share Price 2026/05/15 00:00
Earnings2025/12/31
Annual Earnings2025/06/30

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

IOI Corporation Berhad is covered by 34 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nadia Binti SubhanAffin Hwang Investment Bank
Huey GanAmInvestment Bank Berhad
Saffa Binti Mohd AnwarBIMB Securities Sdn. Bhd