IHH Healthcare Berhad

KLSE:IHH Stock Report

Market Cap: RM 63.2b

IHH Healthcare Berhad Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: IHH (MYR7.19) is trading below our estimate of fair value (MYR11.73)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for IHH. This is calculated by dividing IHH's market cap by their current earnings.
What is IHH's PE Ratio?
PE Ratio23.9x
EarningsRM 2.65b
Market CapRM 63.18b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for IHH vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average22.7x
KPJ KPJ Healthcare Berhad
32.8x8.7%RM 10.0b
FOCUSP Focus Point Holdings Berhad
10.9x10.9%RM 365.0m
CENGILD Cengild Medical Berhad
20.3xn/aRM 224.9m
BDMS Bangkok Dusit Medical Services
27x7.8%฿417.2b
IHH IHH Healthcare Berhad
23.9x0.7%RM 63.2b

Price-To-Earnings vs Peers: IHH is expensive based on its Price-To-Earnings Ratio (23.9x) compared to the peer average (22.7x).

Price to Earnings Ratio vs Industry

How does IHH's PE Ratio compare vs other companies in the Asian Healthcare Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
IHH 23.9xIndustry Avg. 21.2xNo. of Companies47PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: IHH is expensive based on its Price-To-Earnings Ratio (23.9x) compared to the Asian Healthcare industry average (21.2x).

Price to Earnings Ratio vs Fair Ratio

What is IHH'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.

IHH PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.9x
Fair PE Ratio27.2x

Price-To-Earnings vs Fair Ratio: IHH is good value based on its Price-To-Earnings Ratio (23.9x) compared to the estimated Fair Price-To-Earnings Ratio (27.2x).

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 IHH forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 7.19
RM 7.68
+6.9%
5.9%RM 8.80RM 6.88n/a21
Nov ’25RM 7.28
RM 7.68
+5.5%
5.9%RM 8.80RM 6.88n/a21
Oct ’25RM 7.24
RM 7.56
+4.4%
5.6%RM 8.80RM 6.88n/a21
Sep ’25RM 6.27
RM 7.47
+19.1%
5.6%RM 8.00RM 6.40n/a21
Aug ’25RM 6.32
RM 7.30
+15.5%
6.0%RM 8.00RM 6.40n/a21
Jul ’25RM 6.30
RM 7.26
+15.2%
6.2%RM 8.00RM 6.40n/a21
Jun ’25RM 6.19
RM 7.22
+16.7%
6.0%RM 7.90RM 6.40n/a20
May ’25RM 6.33
RM 7.13
+12.6%
6.4%RM 7.88RM 6.40n/a20
Apr ’25RM 6.08
RM 7.13
+17.3%
6.4%RM 7.88RM 6.40n/a20
Mar ’25RM 6.14
RM 7.08
+15.3%
6.4%RM 7.86RM 6.17n/a19
Feb ’25RM 6.10
RM 7.03
+15.2%
6.3%RM 7.70RM 6.30n/a18
Jan ’25RM 6.03
RM 7.00
+16.1%
6.3%RM 7.70RM 6.30n/a17
Dec ’24RM 5.84
RM 7.00
+19.9%
6.1%RM 7.70RM 6.30n/a18
Nov ’24RM 5.99
RM 7.00
+16.9%
6.2%RM 7.70RM 6.22RM 7.2818
Oct ’24RM 5.85
RM 7.02
+20.0%
6.0%RM 7.70RM 6.22RM 7.2419
Sep ’24RM 5.88
RM 7.04
+19.7%
5.9%RM 7.70RM 6.22RM 6.2720
Aug ’24RM 5.94
RM 7.08
+19.2%
6.0%RM 7.70RM 6.28RM 6.3221
Jul ’24RM 5.89
RM 7.06
+19.8%
6.1%RM 7.70RM 6.28RM 6.3022
Jun ’24RM 5.74
RM 7.06
+23.1%
5.5%RM 7.63RM 6.30RM 6.1922
May ’24RM 5.73
RM 7.09
+23.8%
6.0%RM 7.80RM 6.30RM 6.3321
Apr ’24RM 5.75
RM 7.11
+23.6%
5.9%RM 7.80RM 6.30RM 6.0821
Mar ’24RM 5.71
RM 7.15
+25.2%
6.5%RM 7.90RM 6.30RM 6.1420
Feb ’24RM 5.92
RM 7.21
+21.8%
6.0%RM 7.90RM 6.38RM 6.1020
Jan ’24RM 6.22
RM 7.23
+16.3%
6.0%RM 7.90RM 6.38RM 6.0321
Dec ’23RM 5.79
RM 7.25
+25.2%
5.8%RM 7.90RM 6.38RM 5.8421
Nov ’23RM 5.97
RM 7.48
+25.3%
6.0%RM 8.30RM 6.70RM 5.9921

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

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