Kossan Rubber Industries Bhd

KLSE:KOSSAN Stock Report

Market Cap: RM 7.2b

Kossan Rubber Industries Bhd Valuation

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

Below Fair Value: KOSSAN (MYR2.83) is trading above our estimate of fair value (MYR2.09)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for KOSSAN. This is calculated by dividing KOSSAN's market cap by their current earnings.
What is KOSSAN's PE Ratio?
PE Ratio78.3x
EarningsRM 92.25m
Market CapRM 7.22b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KOSSAN vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average69.4x
HARTA Hartalega Holdings Berhad
173.2x55.7%RM 13.5b
KPJ KPJ Healthcare Berhad
35.6x11.5%RM 10.6b
AP4 Riverstone Holdings
18.6x9.8%S$1.6b
688289 Sansure Biotech
50.1x35.9%CN¥13.0b
KOSSAN Kossan Rubber Industries Bhd
78.3x37.1%RM 7.2b

Price-To-Earnings vs Peers: KOSSAN is expensive based on its Price-To-Earnings Ratio (78.3x) compared to the peer average (69.4x).

Price to Earnings Ratio vs Industry

How does KOSSAN's PE Ratio compare vs other companies in the Asian Medical Equipment Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
KOSSAN 78.3xIndustry Avg. 25.9xNo. of Companies34PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KOSSAN is expensive based on its Price-To-Earnings Ratio (78.3x) compared to the Asian Medical Equipment industry average (25.9x).

Price to Earnings Ratio vs Fair Ratio

What is KOSSAN'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.

KOSSAN PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio78.3x
Fair PE Ratio53.9x

Price-To-Earnings vs Fair Ratio: KOSSAN is expensive based on its Price-To-Earnings Ratio (78.3x) compared to the estimated Fair Price-To-Earnings Ratio (53.9x).

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 KOSSAN forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 2.83
RM 2.58
-8.9%
16.3%RM 3.35RM 1.90n/a16
Dec ’25RM 2.48
RM 2.48
-0.2%
15.7%RM 3.10RM 1.80n/a16
Nov ’25RM 2.14
RM 2.26
+5.4%
15.9%RM 3.00RM 1.60n/a16
Oct ’25RM 1.96
RM 2.23
+13.6%
19.5%RM 3.10RM 1.56n/a16
Sep ’25RM 1.82
RM 2.23
+22.3%
19.5%RM 3.10RM 1.56n/a16
Aug ’25RM 2.09
RM 2.37
+13.2%
19.7%RM 3.23RM 1.48n/a16
Jul ’25RM 2.40
RM 2.37
-1.1%
19.8%RM 3.23RM 1.48n/a16
Jun ’25RM 2.22
RM 2.32
+4.4%
22.4%RM 3.23RM 1.48n/a16
May ’25RM 2.20
RM 1.87
-15.1%
19.2%RM 2.40RM 1.33n/a16
Apr ’25RM 1.95
RM 1.86
-4.8%
18.5%RM 2.35RM 1.33n/a16
Mar ’25RM 1.89
RM 1.86
-1.8%
18.5%RM 2.35RM 1.33n/a16
Feb ’25RM 2.05
RM 1.64
-20.2%
22.7%RM 2.30RM 1.23n/a16
Jan ’25RM 1.85
RM 1.54
-16.6%
23.0%RM 2.30RM 1.00n/a17
Dec ’24RM 1.69
RM 1.41
-16.6%
13.3%RM 1.75RM 1.00RM 2.4816
Nov ’24RM 1.35
RM 1.20
-10.8%
17.3%RM 1.60RM 0.88RM 2.1416
Oct ’24RM 1.32
RM 1.20
-8.8%
17.3%RM 1.60RM 0.88RM 1.9616
Sep ’24RM 1.32
RM 1.20
-9.2%
17.0%RM 1.60RM 0.88RM 1.8217
Aug ’24RM 1.41
RM 1.20
-15.0%
17.0%RM 1.60RM 0.88RM 2.0917
Jul ’24RM 1.29
RM 1.12
-13.2%
17.8%RM 1.42RM 0.83RM 2.4017
Jun ’24RM 1.46
RM 1.12
-23.3%
17.8%RM 1.42RM 0.83RM 2.2217
May ’24RM 1.25
RM 1.12
-10.6%
17.7%RM 1.42RM 0.83RM 2.2017
Apr ’24RM 1.31
RM 1.12
-14.3%
23.9%RM 1.90RM 0.78RM 1.9518
Mar ’24RM 1.07
RM 1.09
+1.5%
23.0%RM 1.90RM 0.78RM 1.8918
Feb ’24RM 1.05
RM 1.15
+9.3%
22.8%RM 1.90RM 0.75RM 2.0518
Jan ’24RM 1.10
RM 1.18
+7.3%
20.8%RM 1.90RM 0.85RM 1.8518
Dec ’23RM 1.09
RM 1.18
+8.3%
20.8%RM 1.90RM 0.85RM 1.6918

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/31 19:54
End of Day Share Price 2024/12/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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

Kossan Rubber Industries Bhd is covered by 30 analysts. 16 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ken-Wern LimAffin Hwang Investment Bank
Pak ThongAmInvestment Bank Berhad
null nullBIMB Securities Sdn. Bhd