Supermax Corporation Berhad

KLSE:SUPERMX Stock Report

Market Cap: RM 3.1b

Supermax Corporation Berhad Valuation

Is SUPERMX 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-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of SUPERMX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SUPERMX (MYR1.22) is trading above our estimate of fair value (MYR0.46)

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

Key Valuation Metric

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

Key metric: As SUPERMX is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for SUPERMX. This is calculated by dividing SUPERMX's market cap by their current revenue.
What is SUPERMX's PS Ratio?
PS Ratio4.5x
SalesRM 692.86m
Market CapRM 3.11b

Price to Sales Ratio vs Peers

How does SUPERMX's PS Ratio compare to its peers?

The above table shows the PS ratio for SUPERMX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average3.8x
KOSSAN Kossan Rubber Industries Bhd
3.8x17.3%RM 6.9b
TOPGLOV Top Glove Corporation Bhd
4.4x24.0%RM 11.1b
HARTA Hartalega Holdings Berhad
6.3x19.5%RM 13.8b
COMFORT Comfort Gloves Berhad
0.9xn/aRM 280.8m
SUPERMX Supermax Corporation Berhad
4.5x25.2%RM 3.1b

Price-To-Sales vs Peers: SUPERMX is expensive based on its Price-To-Sales Ratio (4.5x) compared to the peer average (3.8x).

Price to Sales Ratio vs Industry

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

32 CompaniesPrice / SalesEstimated GrowthMarket Cap
SUPERMX 4.5xIndustry Avg. 3.4xNo. of Companies43PS02.85.68.411.214+
32 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: SUPERMX is expensive based on its Price-To-Sales Ratio (4.5x) compared to the Asian Medical Equipment industry average (3.4x).

Price to Sales Ratio vs Fair Ratio

What is SUPERMX's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SUPERMX PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio4.5x
Fair PS Ratio3x

Price-To-Sales vs Fair Ratio: SUPERMX is expensive based on its Price-To-Sales Ratio (4.5x) compared to the estimated Fair Price-To-Sales Ratio (3x).

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 SUPERMX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 1.22
RM 0.91
-25.1%
9.1%RM 1.04RM 0.82n/a5
Dec ’25RM 0.84
RM 0.91
+8.8%
9.1%RM 1.04RM 0.82n/a5
Nov ’25RM 0.82
RM 0.90
+8.8%
7.7%RM 1.01RM 0.82n/a5
Oct ’25RM 0.85
RM 0.92
+8.7%
7.3%RM 1.04RM 0.83n/a5
Sep ’25RM 0.79
RM 0.92
+17.7%
7.3%RM 1.04RM 0.83n/a5
Aug ’25RM 0.89
RM 0.96
+8.3%
8.4%RM 1.05RM 0.83n/a6
Jul ’25RM 0.89
RM 0.96
+8.3%
8.4%RM 1.05RM 0.83n/a6
Jun ’25RM 0.89
RM 0.96
+8.3%
8.4%RM 1.05RM 0.83n/a6
May ’25RM 0.85
RM 0.96
+13.3%
8.4%RM 1.05RM 0.84n/a6
Apr ’25RM 0.82
RM 0.96
+17.5%
8.4%RM 1.05RM 0.84n/a6
Mar ’25RM 0.83
RM 0.96
+16.1%
8.4%RM 1.05RM 0.84n/a6
Feb ’25RM 0.94
RM 0.97
+3.7%
10.2%RM 1.10RM 0.85n/a6
Jan ’25RM 0.94
RM 0.95
+1.6%
9.5%RM 1.10RM 0.85n/a6
Dec ’24RM 0.94
RM 0.97
+3.3%
9.9%RM 1.10RM 0.85RM 0.845
Nov ’24RM 0.78
RM 0.90
+15.6%
8.1%RM 1.04RM 0.85RM 0.825
Oct ’24RM 0.83
RM 0.90
+8.0%
8.1%RM 1.04RM 0.85RM 0.855
Sep ’24RM 0.77
RM 0.85
+10.2%
12.4%RM 1.04RM 0.70RM 0.796
Aug ’24RM 0.85
RM 0.87
+1.8%
16.4%RM 1.05RM 0.70RM 0.896
Jul ’24RM 0.80
RM 0.85
+6.1%
16.2%RM 1.05RM 0.70RM 0.897
Jun ’24RM 0.94
RM 0.80
-15.1%
28.8%RM 1.05RM 0.31RM 0.898
May ’24RM 0.87
RM 0.68
-21.3%
24.0%RM 0.88RM 0.31RM 0.859
Apr ’24RM 0.93
RM 0.68
-26.0%
24.0%RM 0.88RM 0.31RM 0.829
Mar ’24RM 0.74
RM 0.66
-12.0%
22.8%RM 0.87RM 0.31RM 0.839
Feb ’24RM 0.81
RM 0.64
-20.7%
25.4%RM 0.87RM 0.31RM 0.949
Jan ’24RM 0.87
RM 0.64
-26.2%
25.4%RM 0.87RM 0.31RM 0.949
Dec ’23RM 0.86
RM 0.63
-26.2%
24.2%RM 0.80RM 0.31RM 0.949

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 Analysis2024/12/18 21:26
End of Day Share Price 2024/12/18 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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

Supermax Corporation Berhad is covered by 18 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin LowAffin Hwang Investment Bank
Shakira HattaAffin Hwang Investment Bank
null nullBIMB Securities Sdn. Bhd