Optimax Holdings Berhad

KLSE:OPTIMAX Stock Report

Market Cap: RM 326.0m

Optimax Holdings Berhad Valuation

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

Valuation Score

4/6

Valuation Score 4/6

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

Below Fair Value: OPTIMAX (MYR0.6) is trading below our estimate of fair value (MYR1.36)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for OPTIMAX. This is calculated by dividing OPTIMAX's market cap by their current earnings.
What is OPTIMAX's PE Ratio?
PE Ratio24.8x
EarningsRM 13.13m
Market CapRM 325.98m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for OPTIMAX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.5x
METRO Metro Healthcare Berhad
27.7xn/aRM 180.9m
TMCLIFE TMC Life Sciences Berhad
30.3xn/aRM 862.2m
TOPVISN Topvision Eye Specialist Berhad
22.8xn/aRM 96.0m
ALPHA Alpha IVF Group Berhad
29.3x17.9%RM 1.6b
OPTIMAX Optimax Holdings Berhad
24.8x17.6%RM 326.0m

Price-To-Earnings vs Peers: OPTIMAX is good value based on its Price-To-Earnings Ratio (24.8x) compared to the peer average (27.5x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
OPTIMAX 24.8xIndustry Avg. 21.5xNo. of Companies55PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: OPTIMAX is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the Asian Healthcare industry average (21.5x).

Price to Earnings Ratio vs Fair Ratio

What is OPTIMAX'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.

OPTIMAX PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio24.8x
Fair PE Ratio21.6x

Price-To-Earnings vs Fair Ratio: OPTIMAX is expensive based on its Price-To-Earnings Ratio (24.8x) compared to the estimated Fair Price-To-Earnings Ratio (21.6x).

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 OPTIMAX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 0.60
RM 0.82
+36.3%
8.5%RM 0.87RM 0.70n/a4
Dec ’25RM 0.63
RM 0.82
+29.8%
8.5%RM 0.87RM 0.70n/a4
Nov ’25RM 0.66
RM 0.83
+26.1%
5.4%RM 0.87RM 0.76n/a4
Oct ’25RM 0.67
RM 0.83
+24.3%
5.4%RM 0.87RM 0.76n/a4
Sep ’25RM 0.66
RM 0.83
+27.1%
5.4%RM 0.87RM 0.76n/a4
Aug ’25RM 0.71
RM 0.82
+15.8%
7.5%RM 0.87RM 0.72n/a4
Jul ’25RM 0.69
RM 0.81
+19.0%
7.0%RM 0.87RM 0.72n/a4
Jun ’25RM 0.68
RM 0.81
+20.0%
8.0%RM 0.87RM 0.72n/a3
May ’25RM 0.65
RM 0.85
+31.8%
1.2%RM 0.86RM 0.84n/a2
Apr ’25RM 0.69
RM 0.85
+22.3%
1.2%RM 0.86RM 0.84n/a2
Mar ’25RM 0.60
RM 0.85
+41.7%
1.2%RM 0.86RM 0.84n/a2
Feb ’25RM 0.60
RM 0.85
+41.7%
1.2%RM 0.86RM 0.84n/a2
Jan ’25RM 0.63
RM 0.85
+36.0%
1.2%RM 0.86RM 0.84n/a2
Dec ’24RM 0.63
RM 0.98
+57.6%
12.7%RM 1.11RM 0.86RM 0.632
Nov ’24RM 0.67
RM 0.98
+48.1%
12.7%RM 1.11RM 0.86RM 0.662
Oct ’24RM 0.68
RM 0.98
+44.9%
12.7%RM 1.11RM 0.86RM 0.672
Sep ’24RM 0.70
RM 0.98
+39.7%
12.7%RM 1.11RM 0.86RM 0.662
Aug ’24RM 0.71
RM 1.04
+45.5%
12.3%RM 1.15RM 0.86RM 0.713
Jul ’24RM 0.72
RM 1.04
+43.4%
12.3%RM 1.15RM 0.86RM 0.693
Jun ’24RM 0.71
RM 1.04
+45.5%
12.3%RM 1.15RM 0.86RM 0.683
May ’24RM 0.71
RM 1.04
+45.5%
12.3%RM 1.15RM 0.86RM 0.653
Apr ’24RM 0.73
RM 1.04
+41.5%
12.3%RM 1.15RM 0.86RM 0.693
Mar ’24RM 0.76
RM 1.04
+37.7%
12.3%RM 1.15RM 0.86RM 0.603
Feb ’24RM 0.79
RM 1.00
+27.4%
11.8%RM 1.12RM 0.84RM 0.603
Jan ’24RM 0.79
RM 0.97
+23.6%
11.8%RM 1.12RM 0.84RM 0.634
Dec ’23RM 0.78
RM 0.97
+24.4%
11.8%RM 1.12RM 0.84RM 0.634

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 04:24
End of Day Share Price 2024/12/26 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

Optimax Holdings Berhad is covered by 11 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Cheng Wei LewCGS International
Hsien Jin LamCGS International
null nullJF Apex Securities Berhad