W T K Holdings Berhad Valuation

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

WTK (MYR0.49) is trading above our estimate of [[fair value]] (MYR0.12)

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: WTK (MYR0.49) is trading above our estimate of fair value (MYR0.12)

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

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for WTK. This is calculated by dividing WTK's market cap by their current revenue.
What is WTK's PS Ratio?
PS Ratio	0.4x
Sales	RM 651.38m
Market Cap	RM 226.89m

WTK 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	0.7x
Enterprise Value/EBITDA	15.3x
PEG Ratio	n/a

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for WTK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PS	Estimated Growth	Market Cap
Peer Average	2x
TOPMIX Topmix Berhad	2.8x	22.0%	RM 200.9m
EVERGRN Evergreen Fibreboard Berhad	0.2x	1.8%	RM 228.1m
HEXRTL Hextar Retail Berhad	4.8x	n/a	RM 239.2m
DOMINAN Dominant Enterprise Berhad	0.2x	n/a	RM 136.3m
WTK W T K Holdings Berhad	0.4x	n/a	RM 229.2m

Price-To-Sales vs Peers: WTK is good value based on its Price-To-Sales Ratio (0.4x) compared to the peer average (2x).

Price to Sales Ratio vs Industry

How does WTK's PS Ratio compare vs other companies in the MY Forestry Industry?

1 Company	Price / Sales	Estimated Growth	Market Cap
DOMINAN Dominant Enterprise Berhad	0.2x	n/a	US$30.61m

No more companies available in this PS range

1 Company		Estimated Growth	Market Cap

No more companies

Price-To-Sales vs Industry: WTK is good value based on its Price-To-Sales Ratio (0.4x) compared to the MY Forestry industry average (1x).

Price to Sales Ratio vs Fair Ratio

What is WTK'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.

WTK PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio	0.4x
Fair PS Ratio	n/a

Price-To-Sales vs Fair Ratio: Insufficient data to calculate WTK's Price-To-Sales 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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