Eco World Development Group Berhad

KLSE:ECOWLD Stock Report

Market Cap: RM 6.0b

Eco World Development Group Berhad Valuation

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

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: ECOWLD (MYR2.03) is trading above our estimate of fair value (MYR1.47)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ECOWLD. This is calculated by dividing ECOWLD's market cap by their current earnings.
What is ECOWLD's PE Ratio?
PE Ratio19.7x
EarningsRM 303.54m
Market CapRM 5.99b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ECOWLD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average28.7x
SPSETIA S P Setia Berhad
12.9x-13.7%RM 6.8b
UEMS UEM Sunrise Berhad
67x16.3%RM 5.0b
MAHSING Mah Sing Group Berhad
18.4x13.2%RM 4.5b
UOADEV UOA Development Bhd
16.6x3.4%RM 4.6b
ECOWLD Eco World Development Group Berhad
19.7x12.0%RM 6.0b

Price-To-Earnings vs Peers: ECOWLD is good value based on its Price-To-Earnings Ratio (19.7x) compared to the peer average (28.7x).

Price to Earnings Ratio vs Industry

How does ECOWLD's PE Ratio compare vs other companies in the MY Real Estate Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
No more companies available in this PE range
ECOWLD 19.7xIndustry Avg. 12.9xNo. of Companies13PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ECOWLD is expensive based on its Price-To-Earnings Ratio (19.7x) compared to the MY Real Estate industry average (12.9x).

Price to Earnings Ratio vs Fair Ratio

What is ECOWLD'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.

ECOWLD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio19.7x
Fair PE Ratio14.5x

Price-To-Earnings vs Fair Ratio: ECOWLD is expensive based on its Price-To-Earnings Ratio (19.7x) compared to the estimated Fair Price-To-Earnings Ratio (14.5x).

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 ECOWLD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 2.03
RM 2.06
+1.6%
17.0%RM 2.50RM 1.41n/a11
Dec ’25RM 1.89
RM 1.94
+2.5%
13.8%RM 2.40RM 1.41n/a11
Nov ’25RM 1.80
RM 1.92
+6.9%
13.9%RM 2.40RM 1.41n/a11
Oct ’25RM 1.82
RM 1.88
+3.1%
12.4%RM 2.12RM 1.41n/a10
Sep ’25RM 1.55
RM 1.80
+16.3%
12.9%RM 2.12RM 1.41n/a10
Aug ’25RM 1.77
RM 1.79
+0.9%
13.4%RM 2.12RM 1.41n/a10
Jul ’25RM 1.59
RM 1.74
+9.3%
12.2%RM 2.05RM 1.41n/a9
Jun ’25RM 1.51
RM 1.61
+6.3%
14.8%RM 1.94RM 1.27n/a10
May ’25RM 1.46
RM 1.60
+9.5%
15.5%RM 1.94RM 1.20n/a10
Apr ’25RM 1.48
RM 1.61
+8.9%
15.1%RM 1.94RM 1.20n/a9
Mar ’25RM 1.29
RM 1.39
+8.0%
16.9%RM 1.88RM 1.00n/a9
Feb ’25RM 1.32
RM 1.39
+5.1%
16.8%RM 1.88RM 1.00n/a9
Jan ’25RM 1.05
RM 1.17
+11.3%
15.2%RM 1.48RM 0.88n/a8
Dec ’24RM 1.01
RM 1.16
+14.9%
15.0%RM 1.48RM 0.88RM 1.898
Nov ’24RM 1.00
RM 1.16
+16.0%
15.0%RM 1.48RM 0.88RM 1.808
Oct ’24RM 1.08
RM 1.16
+7.4%
15.0%RM 1.48RM 0.88RM 1.828
Sep ’24RM 1.03
RM 1.01
-2.1%
13.6%RM 1.34RM 0.88RM 1.558
Aug ’24RM 0.95
RM 1.00
+4.9%
14.5%RM 1.34RM 0.87RM 1.778
Jul ’24RM 0.81
RM 0.91
+12.5%
7.9%RM 1.03RM 0.81RM 1.599
Jun ’24RM 0.74
RM 0.85
+15.5%
11.2%RM 1.02RM 0.69RM 1.519
May ’24RM 0.75
RM 0.83
+10.8%
9.1%RM 0.95RM 0.69RM 1.469
Apr ’24RM 0.73
RM 0.82
+11.1%
9.5%RM 0.95RM 0.69RM 1.489
Mar ’24RM 0.68
RM 0.82
+20.1%
9.5%RM 0.95RM 0.69RM 1.299
Feb ’24RM 0.69
RM 0.81
+16.8%
9.4%RM 0.95RM 0.69RM 1.328
Jan ’24RM 0.65
RM 0.82
+27.7%
10.9%RM 0.95RM 0.69RM 1.058
Dec ’23RM 0.70
RM 0.82
+17.9%
10.1%RM 0.95RM 0.69RM 1.018

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/19 19:08
End of Day Share Price 2024/12/19 00:00
Earnings2024/10/31
Annual Earnings2024/10/31

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

Eco World Development Group Berhad is covered by 17 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chee Wei LoongAffin Hwang Investment Bank
Jun TanCGS International
null nullCLSA