QL Resources Berhad

KLSE:QL Stock Report

Market Cap: RM 17.7b

QL Resources Berhad Valuation

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

Below Fair Value: QL (MYR4.84) is trading above our estimate of fair value (MYR2.94)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for QL. This is calculated by dividing QL's market cap by their current earnings.
What is QL's PE Ratio?
PE Ratio39x
EarningsRM 452.47m
Market CapRM 17.67b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for QL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.9x
PPB PPB Group Berhad
13x6.1%RM 19.0b
NESTLE Nestlé (Malaysia) Berhad
42.2x11.8%RM 22.1b
GCB Guan Chong Berhad
15.9x-0.3%RM 3.3b
FFB Farm Fresh Berhad
40.4x19.5%RM 3.4b
QL QL Resources Berhad
39x6.2%RM 17.7b

Price-To-Earnings vs Peers: QL is expensive based on its Price-To-Earnings Ratio (39x) compared to the peer average (27.9x).

Price to Earnings Ratio vs Industry

How does QL'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
QL 39.0xIndustry Avg. 13.4xNo. of Companies10PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: QL is expensive based on its Price-To-Earnings Ratio (39x) compared to the MY Food industry average (13.1x).

Price to Earnings Ratio vs Fair Ratio

What is QL'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.

QL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio39x
Fair PE Ratio18.1x

Price-To-Earnings vs Fair Ratio: QL is expensive based on its Price-To-Earnings Ratio (39x) compared to the estimated Fair Price-To-Earnings Ratio (18.1x).

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 QL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 4.82
RM 4.66
-3.4%
7.0%RM 5.45RM 4.20n/a12
Nov ’25RM 4.79
RM 4.66
-2.8%
7.0%RM 5.45RM 4.20n/a12
Oct ’25RM 4.65
RM 4.65
+0.06%
7.1%RM 5.45RM 4.17n/a12
Sep ’25RM 4.33
RM 4.65
+7.4%
7.1%RM 5.45RM 4.17n/a12
Aug ’25RM 4.45
RM 4.66
+4.9%
7.2%RM 5.45RM 4.17n/a12
Jul ’25RM 4.32
RM 4.65
+7.6%
7.1%RM 5.45RM 4.17n/a12
Jun ’25RM 4.20
RM 4.58
+9.0%
7.9%RM 5.45RM 4.07n/a12
May ’25RM 4.28
RM 4.48
+4.6%
7.7%RM 5.41RM 4.07n/a12
Apr ’25RM 3.93
RM 4.48
+13.8%
7.7%RM 5.41RM 4.07n/a12
Mar ’25RM 3.95
RM 4.46
+12.9%
7.9%RM 5.41RM 4.07n/a12
Feb ’25RM 3.89
RM 4.38
+12.8%
5.8%RM 4.93RM 3.93n/a11
Jan ’25RM 3.81
RM 4.34
+14.0%
6.4%RM 4.93RM 3.93n/a12
Dec ’24RM 3.76
RM 4.35
+15.7%
6.3%RM 4.93RM 3.93n/a12
Nov ’24RM 3.71
RM 4.25
+14.7%
5.3%RM 4.64RM 3.93RM 4.7911
Oct ’24RM 3.64
RM 4.27
+17.4%
4.8%RM 4.64RM 3.93RM 4.6511
Sep ’24RM 3.68
RM 4.27
+16.1%
4.8%RM 4.64RM 3.93RM 4.3311
Aug ’24RM 3.65
RM 4.24
+16.2%
5.9%RM 4.64RM 3.76RM 4.4511
Jul ’24RM 3.57
RM 4.24
+18.8%
5.9%RM 4.64RM 3.76RM 4.3211
Jun ’24RM 3.63
RM 4.24
+16.8%
5.8%RM 4.64RM 3.76RM 4.2011
May ’24RM 3.77
RM 4.21
+11.9%
6.3%RM 4.53RM 3.60RM 4.2811
Apr ’24RM 3.87
RM 4.21
+8.8%
6.3%RM 4.53RM 3.60RM 3.9311
Mar ’24RM 3.89
RM 4.18
+7.4%
5.8%RM 4.45RM 3.60RM 3.9511
Feb ’24RM 3.91
RM 4.01
+2.4%
7.0%RM 4.40RM 3.33RM 3.8911
Jan ’24RM 3.67
RM 3.98
+8.2%
6.4%RM 4.33RM 3.33RM 3.8111
Dec ’23RM 3.73
RM 3.98
+6.5%
6.4%RM 4.33RM 3.33RM 3.7611
Nov ’23RM 3.41
RM 3.63
+6.2%
7.9%RM 4.00RM 2.83RM 3.7111

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

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