Menang Corporation (M) Berhad

KLSE:MENANG Stock Report

Market Cap: RM 413.0m

Menang Corporation (M) Berhad Valuation

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

Below Fair Value: MENANG (MYR0.6) is trading below our estimate of fair value (MYR3.25)

Significantly Below Fair Value: MENANG is trading below fair value by more than 20%.


Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MENANG. This is calculated by dividing MENANG's market cap by their current earnings.
What is MENANG's PE Ratio?
PE Ratio15.8x
EarningsRM 26.08m
Market CapRM 413.02m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MENANG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average17.5x
TAMBUN Tambun Indah Land Berhad
8.2x8.2%RM 388.8m
KPPROP Kerjaya Prospek Property Berhad
6.5xn/aRM 380.6m
TITIJYA Titijaya Land Berhad
14.1xn/aRM 340.2m
L&G Land & General Berhad
41.2xn/aRM 356.8m
MENANG Menang Corporation (M) Berhad
15.8xn/aRM 413.0m

Price-To-Earnings vs Peers: MENANG is good value based on its Price-To-Earnings Ratio (15.8x) compared to the peer average (17.5x).


Price to Earnings Ratio vs Industry

How does MENANG'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
MENANG 15.8xIndustry Avg. 14.0xNo. of Companies11PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MENANG is expensive based on its Price-To-Earnings Ratio (15.8x) compared to the MY Real Estate industry average (14x).


Price to Earnings Ratio vs Fair Ratio

What is MENANG'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.

MENANG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.8x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MENANG'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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