SkyWorld Development Berhad

KLSE:SKYWLD Stock Report

Market Cap: RM 585.0m

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 (MYR0.56) is trading above our estimate of fair value (MYR0.24)

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 Ratio8x
EarningsRM 70.20m
Market CapRM 585.00m

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 Average56.3x
AYER AYER Holdings Berhad
13.9xn/aRM 542.7m
PLENITU Plenitude Berhad
8.5xn/aRM 526.5m
OIB Oriental Interest Berhad
7.3xn/aRM 622.5m
IWCITY Iskandar Waterfront City Berhad
195.3xn/aRM 497.4m
SKYWLD SkyWorld Development Berhad
8x24.3%RM 585.0m

Price-To-Earnings vs Peers: SKYWLD is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (56.3x).

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 8.0xIndustry Avg. 14.0xNo. of Companies11PE0816243240+
0 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: SKYWLD is good value based on its Price-To-Earnings Ratio (8x) compared to the MY Real Estate industry average (14x).

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 Ratio8x
Fair PE Ratio12.8x

Price-To-Earnings vs Fair Ratio: SKYWLD is good value based on its Price-To-Earnings Ratio (8x) compared to the estimated Fair Price-To-Earnings Ratio (12.8x).

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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