S P Setia Berhad Valuation
Is SPSETIA-PC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score
2/6Valuation Score 2/6
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 SPSETIA-PC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: SPSETIA-PC (MYR0.7) is trading above our estimate of fair value (MYR0.01)
Significantly Below Fair Value: SPSETIA-PC is trading above our estimate of fair value.
Key Valuation Metric
Which metric is best to use when looking at relative valuation for SPSETIA-PC?
Key metric: As SPSETIA-PC is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.
| What is SPSETIA-PC's PE Ratio? | |
|---|---|
| PE Ratio | 11.2x |
| Earnings | RM 620.62m |
| Market Cap | RM 6.95b |
| Key Statistics | |
|---|---|
| Enterprise Value/Revenue | 2.7x |
| Enterprise Value/EBITDA | 10.6x |
| PEG Ratio | -0.5x |
Price to Earnings Ratio vs Peers
How does SPSETIA-PC's PE Ratio compare to its peers?
| Company | Forward PE | Estimated Growth | Market Cap |
|---|---|---|---|
| Peer Average | 28.7x | ||
ECOWLD Eco World Development Group Berhad | 25.1x | 15.8% | RM 5.6b |
MAHSING Mah Sing Group Berhad | 18.8x | 12.8% | RM 4.4b |
UEMS UEM Sunrise Berhad | 65.1x | 16.2% | RM 4.9b |
IOIPG IOI Properties Group Berhad | 5.9x | -28.3% | RM 12.2b |
SPSETIA-PC S P Setia Berhad | 11.2x | -22.5% | RM 7.0b |
Price-To-Earnings vs Peers: SPSETIA-PC is good value based on its Price-To-Earnings Ratio (11.2x) compared to the peer average (28.7x).
Price to Earnings Ratio vs Industry
How does SPSETIA-PC's PE Ratio compare vs other companies in the MY Real Estate Industry?
| 1 Company | Price / Earnings | Estimated Growth | Market Cap |
|---|---|---|---|
CRESNDO Crescendo Corporation Berhad | 2.4x | n/a | US$252.08m |
| 1 Company | Estimated Growth | Market Cap |
|---|
Price-To-Earnings vs Industry: SPSETIA-PC is good value based on its Price-To-Earnings Ratio (11.2x) compared to the MY Real Estate industry average (14x).
Price to Earnings Ratio vs Fair Ratio
What is SPSETIA-PC'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.
| Fair Ratio | |
|---|---|
| Current PE Ratio | 11.2x |
| Fair PE Ratio | 8.2x |
Price-To-Earnings vs Fair Ratio: SPSETIA-PC is expensive based on its Price-To-Earnings Ratio (11.2x) compared to the estimated Fair Price-To-Earnings Ratio (8.2x).
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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