Press Metal Aluminium Holdings Berhad

KLSE:PMETAL Stock Report

Market Cap: RM 38.8b

Press Metal Aluminium Holdings Berhad Valuation

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

Below Fair Value: PMETAL (MYR4.71) is trading below our estimate of fair value (MYR5.14)

Significantly Below Fair Value: PMETAL is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PMETAL. This is calculated by dividing PMETAL's market cap by their current earnings.
What is PMETAL's PE Ratio?
PE Ratio23.7x
EarningsRM 1.64b
Market CapRM 38.81b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PMETAL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average34.2x
PMBTECH PMB Technology Berhad
72.8x-6.0%RM 3.2b
PCHEM PETRONAS Chemicals Group Berhad
48.4x28.8%RM 37.2b
PA P.A. Resources Berhad
9.8xn/aRM 406.3m
LBALUM LB Aluminium Berhad
5.9xn/aRM 217.4m
PMETAL Press Metal Aluminium Holdings Berhad
23.7x11.8%RM 38.8b

Price-To-Earnings vs Peers: PMETAL is good value based on its Price-To-Earnings Ratio (23.7x) compared to the peer average (34.2x).

Price to Earnings Ratio vs Industry

How does PMETAL's PE Ratio compare vs other companies in the MY Metals and Mining Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
HIAPTEK Hiap Teck Venture Berhad
3.9x-9.0%US$129.46m
LSTEEL Leader Steel Holdings Berhad
3.5xn/aUS$13.90m
No more companies available in this PE range
PMETAL 23.7xIndustry Avg. 13.3xNo. of Companies5PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PMETAL is expensive based on its Price-To-Earnings Ratio (23.7x) compared to the MY Metals and Mining industry average (13.3x).

Price to Earnings Ratio vs Fair Ratio

What is PMETAL'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.

PMETAL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio23.7x
Fair PE Ratio21.4x

Price-To-Earnings vs Fair Ratio: PMETAL is expensive based on its Price-To-Earnings Ratio (23.7x) compared to the estimated Fair Price-To-Earnings Ratio (21.4x).

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 PMETAL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 4.71
RM 6.00
+27.4%
10.7%RM 7.00RM 4.50n/a14
Dec ’25RM 4.64
RM 5.95
+28.2%
9.6%RM 6.90RM 4.50n/a14
Nov ’25RM 4.68
RM 6.07
+29.8%
7.7%RM 6.90RM 5.00n/a14
Oct ’25RM 5.05
RM 6.16
+22.1%
7.6%RM 6.90RM 5.00n/a14
Sep ’25RM 4.97
RM 6.20
+24.7%
8.1%RM 6.90RM 5.00n/a13
Aug ’25RM 5.30
RM 6.35
+19.8%
6.3%RM 7.00RM 5.60n/a12
Jul ’25RM 5.76
RM 6.25
+8.4%
7.7%RM 7.00RM 5.14n/a12
Jun ’25RM 5.60
RM 6.25
+11.5%
7.7%RM 7.00RM 5.14n/a12
May ’25RM 5.37
RM 5.38
+0.1%
12.3%RM 6.72RM 4.20n/a13
Apr ’25RM 4.69
RM 5.17
+10.3%
9.5%RM 5.80RM 4.20n/a12
Mar ’25RM 4.67
RM 5.16
+10.4%
10.2%RM 5.80RM 4.00n/a12
Feb ’25RM 4.74
RM 5.25
+10.8%
10.8%RM 6.00RM 4.00n/a12
Jan ’25RM 4.81
RM 5.27
+9.6%
12.2%RM 6.20RM 4.00n/a12
Dec ’24RM 4.83
RM 5.41
+11.9%
13.9%RM 6.70RM 4.00RM 4.6412
Nov ’24RM 4.82
RM 5.53
+14.7%
12.4%RM 6.70RM 4.00RM 4.6811
Oct ’24RM 4.71
RM 5.54
+17.7%
14.4%RM 6.70RM 4.00RM 5.0511
Sep ’24RM 4.92
RM 5.54
+12.6%
14.4%RM 6.70RM 4.00RM 4.9711
Aug ’24RM 5.05
RM 5.55
+10.0%
13.8%RM 6.70RM 4.00RM 5.3012
Jul ’24RM 4.70
RM 5.56
+18.4%
14.0%RM 6.70RM 4.00RM 5.7612
Jun ’24RM 4.70
RM 5.60
+19.1%
14.1%RM 6.70RM 4.00RM 5.6012
May ’24RM 5.15
RM 5.91
+14.8%
11.5%RM 6.80RM 4.56RM 5.3712
Apr ’24RM 4.87
RM 6.08
+24.9%
10.6%RM 6.80RM 4.56RM 4.6911
Mar ’24RM 5.15
RM 6.10
+18.5%
10.9%RM 6.80RM 4.56RM 4.6711
Feb ’24RM 5.18
RM 5.96
+15.1%
12.2%RM 7.05RM 4.54RM 4.7411
Jan ’24RM 4.88
RM 5.89
+20.6%
13.0%RM 7.05RM 4.54RM 4.8111
Dec ’23RM 4.85
RM 5.94
+22.4%
13.3%RM 7.05RM 4.54RM 4.8311

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 Analysis2024/12/21 22:08
End of Day Share Price 2024/12/20 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

Press Metal Aluminium Holdings Berhad is covered by 21 analysts. 14 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
Jake Hui YapAmInvestment Bank Berhad
null nullBIMB Securities Sdn. Bhd