Mega Fortris Berhad Valuation

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

MEGAFB (MYR0.59) is trading above our estimate of [[fair value]] (MYR0.3)

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

Below Fair Value: MEGAFB (MYR0.59) is trading above our estimate of fair value (MYR0.3)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MEGAFB. This is calculated by dividing MEGAFB's market cap by their current earnings.
What is MEGAFB's PE Ratio?
PE Ratio	23.5x
Earnings	RM 21.03m
Market Cap	RM 494.31m

MEGAFB key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	3.4x
Enterprise Value/EBITDA	20.4x
PEG Ratio	0.6x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MEGAFB vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	19x
GESHEN GE-Shen Corporation Berhad	28.3x	n/a	RM 486.7m
SCIPACK Scientex Packaging (Ayer Keroh) Berhad	20.5x	n/a	RM 666.2m
BRIGHT Bright Packaging Industry Berhad	18.1x	n/a	RM 42.1m
TGUAN Thong Guan Industries Berhad	9.3x	16.5%	RM 630.6m
MEGAFB Mega Fortris Berhad	23.5x	36.5%	RM 494.3m

Price-To-Earnings vs Peers: MEGAFB is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the peer average (19x).

Price to Earnings Ratio vs Industry

How does MEGAFB's PE Ratio compare vs other companies in the Asian Packaging Industry?

7 Companies	Price / Earnings	Estimated Growth	Market Cap

7 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MEGAFB is expensive based on its Price-To-Earnings Ratio (23.5x) compared to the Asian Packaging industry average (17.4x).

Price to Earnings Ratio vs Fair Ratio

What is MEGAFB'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.

MEGAFB PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	23.5x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MEGAFB's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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