SkyWorld Development Berhad

KLSE:SKYWLD Stock Report

Market Cap: RM 570.0m

SkyWorld Development Berhad Valuation

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

Below Fair Value: SKYWLD (MYR0.57) is trading above our estimate of fair value (MYR0.25)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for SKYWLD. This is calculated by dividing SKYWLD's market cap by their current earnings.
What is SKYWLD's PE Ratio?
PE Ratio8.1x
EarningsRM 70.20m
Market CapRM 570.00m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for SKYWLD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average9.8x
AYER AYER Holdings Berhad
14.6xn/aRM 542.7m
OIB Oriental Interest Berhad
7xn/aRM 592.6m
MKH MKH Berhad
8.8x7.8%RM 652.2m
PLENITU Plenitude Berhad
8.8xn/aRM 538.0m
SKYWLD SkyWorld Development Berhad
8.1x18.8%RM 570.0m

Price-To-Earnings vs Peers: SKYWLD is good value based on its Price-To-Earnings Ratio (8.1x) compared to the peer average (9.8x).

Price to Earnings Ratio vs Industry

How does SKYWLD'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
SKYWLD 8.1xIndustry Avg. 13.2xNo. of Companies13PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SKYWLD is good value based on its Price-To-Earnings Ratio (8.1x) compared to the MY Real Estate industry average (13x).

Price to Earnings Ratio vs Fair Ratio

What is SKYWLD'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.

SKYWLD PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.1x
Fair PE Ratio11.7x

Price-To-Earnings vs Fair Ratio: SKYWLD is good value based on its Price-To-Earnings Ratio (8.1x) compared to the estimated Fair Price-To-Earnings Ratio (11.7x).

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 SKYWLD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 0.57
RM 0.82
+44.7%
38.2%RM 1.14RM 0.51n/a2
Feb ’25RM 0.57
RM 1.01
+77.2%
5.9%RM 1.07RM 0.95n/a2
Jan ’25RM 0.55
RM 0.97
+77.0%
7.3%RM 1.07RM 0.90n/a3
Dec ’24RM 0.56
RM 0.97
+72.3%
7.3%RM 1.07RM 0.90RM 0.563
Nov ’24RM 0.56
RM 0.93
+66.1%
2.3%RM 0.95RM 0.90RM 0.493
Oct ’24RM 0.58
RM 0.93
+59.0%
2.3%RM 0.95RM 0.90RM 0.553
Sep ’24RM 0.71
RM 0.93
+31.0%
2.3%RM 0.95RM 0.90RM 0.513
Aug ’24RM 0.69
RM 0.93
+34.1%
2.7%RM 0.95RM 0.90RM 0.622

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 02:21
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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

SkyWorld Development Berhad is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Qing Rong NgAmInvestment Bank Berhad
null nullJF Apex Securities Berhad
Min-Tze ChuaKenanga Research