Kuala Lumpur Kepong Berhad

KLSE:KLK Stock Report

Market Cap: RM 23.7b

Kuala Lumpur Kepong Berhad Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: KLK (MYR21.62) is trading below our estimate of fair value (MYR25.67)

Significantly Below Fair Value: KLK is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for KLK. This is calculated by dividing KLK's market cap by their current earnings.
What is KLK's PE Ratio?
PE Ratio40.1x
EarningsRM 590.96m
Market CapRM 23.70b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KLK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.4x
IOICORP IOI Corporation Berhad
15.8x-2.0%RM 23.9b
SDG SD Guthrie Berhad
21.5x2.4%RM 34.2b
UTDPLT United Plantations Berhad
17.5x3.5%RM 12.9b
GENP Genting Plantations Berhad
18.9x7.2%RM 5.2b
KLK Kuala Lumpur Kepong Berhad
40.1x24.7%RM 23.7b

Price-To-Earnings vs Peers: KLK is expensive based on its Price-To-Earnings Ratio (40.1x) compared to the peer average (18.4x).

Price to Earnings Ratio vs Industry

How does KLK'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
KLK 40.1xIndustry Avg. 11.9xNo. of Companies10PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KLK is expensive based on its Price-To-Earnings Ratio (40.1x) compared to the MY Food industry average (11.8x).

Price to Earnings Ratio vs Fair Ratio

What is KLK'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.

KLK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio40.1x
Fair PE Ratio26.4x

Price-To-Earnings vs Fair Ratio: KLK is expensive based on its Price-To-Earnings Ratio (40.1x) compared to the estimated Fair Price-To-Earnings Ratio (26.4x).

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 KLK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 21.80
RM 22.90
+5.1%
7.7%RM 26.55RM 19.50n/a17
Dec ’25RM 20.86
RM 22.93
+9.9%
7.8%RM 26.55RM 19.50n/a17
Nov ’25RM 21.80
RM 22.70
+4.1%
7.7%RM 25.50RM 19.50n/a17
Oct ’25RM 21.00
RM 22.61
+7.7%
7.2%RM 25.40RM 19.50n/a17
Sep ’25RM 21.76
RM 22.65
+4.1%
7.1%RM 25.40RM 19.50n/a18
Aug ’25RM 21.12
RM 22.94
+8.6%
7.1%RM 25.30RM 19.57n/a18
Jul ’25RM 20.48
RM 23.09
+12.8%
7.5%RM 25.50RM 19.57n/a18
Jun ’25RM 20.86
RM 23.24
+11.4%
7.5%RM 25.50RM 19.57n/a18
May ’25RM 23.14
RM 23.34
+0.9%
8.1%RM 25.80RM 19.70n/a18
Apr ’25RM 22.58
RM 23.34
+3.4%
8.1%RM 25.80RM 19.70n/a18
Mar ’25RM 22.04
RM 23.37
+6.0%
8.3%RM 25.80RM 19.70n/a18
Feb ’25RM 22.22
RM 23.42
+5.4%
9.0%RM 27.25RM 19.70n/a18
Jan ’25RM 21.82
RM 23.43
+7.4%
9.2%RM 27.50RM 19.70n/a18
Dec ’24RM 21.30
RM 23.62
+10.9%
9.2%RM 27.50RM 19.70RM 20.8616
Nov ’24RM 21.96
RM 23.92
+8.9%
7.5%RM 27.00RM 21.00RM 21.8015
Oct ’24RM 21.40
RM 23.80
+11.2%
7.0%RM 27.00RM 21.00RM 21.0016
Sep ’24RM 21.44
RM 23.83
+11.1%
6.7%RM 27.00RM 21.00RM 21.7617
Aug ’24RM 23.26
RM 23.90
+2.7%
8.8%RM 27.20RM 18.60RM 21.1218
Jul ’24RM 21.96
RM 23.83
+8.5%
8.0%RM 26.20RM 18.60RM 20.4819
Jun ’24RM 21.02
RM 23.73
+12.9%
7.8%RM 26.10RM 18.60RM 20.8619
May ’24RM 21.50
RM 24.02
+11.7%
10.1%RM 28.65RM 18.60RM 23.1419
Apr ’24RM 20.78
RM 24.02
+15.6%
10.1%RM 28.65RM 18.60RM 22.5819
Mar ’24RM 20.84
RM 24.05
+15.4%
10.2%RM 28.65RM 18.60RM 22.0419
Feb ’24RM 21.42
RM 24.40
+13.9%
10.1%RM 28.77RM 20.10RM 22.2219
Jan ’24RM 22.36
RM 24.25
+8.5%
10.1%RM 28.77RM 20.10RM 21.8218
Dec ’23RM 21.40
RM 25.03
+17.0%
17.4%RM 40.00RM 20.10RM 21.3018

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 Analysis2024/12/30 08:51
End of Day Share Price 2024/12/30 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

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 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

Kuala Lumpur Kepong Berhad is covered by 41 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