Amway (Malaysia) Holdings Berhad

KLSE:AMWAY Stock Report

Market Cap: RM 1.1b

Amway (Malaysia) Holdings Berhad Valuation

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

Below Fair Value: AMWAY (MYR6.85) is trading above our estimate of fair value (MYR0.45)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for AMWAY. This is calculated by dividing AMWAY's market cap by their current earnings.
What is AMWAY's PE Ratio?
PE Ratio9.2x
EarningsRM 122.57m
Market CapRM 1.13b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for AMWAY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average33.9x
ATLAN Atlan Holdings Bhd
33.8xn/aRM 697.5m
MYNEWS Mynews Holdings Berhad
72x59.9%RM 472.7m
MSTGOLF MST Golf Group Berhad
26.3xn/aRM 205.2m
TOMEI Tomei Consolidated Berhad
3.6xn/aRM 210.7m
AMWAY Amway (Malaysia) Holdings Berhad
9.2x-0.2%RM 1.1b

Price-To-Earnings vs Peers: AMWAY is good value based on its Price-To-Earnings Ratio (9.2x) compared to the peer average (33.9x).

Price to Earnings Ratio vs Industry

How does AMWAY's PE Ratio compare vs other companies in the Asian Specialty Retail Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
AMWAY 9.2xIndustry Avg. 17.6xNo. of Companies49PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: AMWAY is good value based on its Price-To-Earnings Ratio (9.2x) compared to the Asian Specialty Retail industry average (17.6x).

Price to Earnings Ratio vs Fair Ratio

What is AMWAY'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.

AMWAY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio9.2x
Fair PE Ratio13.4x

Price-To-Earnings vs Fair Ratio: AMWAY is good value based on its Price-To-Earnings Ratio (9.2x) compared to the estimated Fair Price-To-Earnings Ratio (13.4x).

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 AMWAY forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 6.85
RM 7.10
+3.6%
4.2%RM 7.40RM 6.80n/a2
Nov ’25RM 6.93
RM 6.85
-1.2%
6.6%RM 7.30RM 6.40n/a2
Oct ’25RM 6.84
RM 6.85
+0.1%
6.6%RM 7.30RM 6.40n/a2
Sep ’25RM 6.88
RM 6.85
-0.4%
6.6%RM 7.30RM 6.40n/a2
Aug ’25RM 7.00
RM 7.05
+0.7%
9.2%RM 7.70RM 6.40n/a2
Jul ’25RM 7.20
RM 7.05
-2.1%
9.2%RM 7.70RM 6.40n/a2
Jun ’25RM 7.40
RM 7.05
-4.7%
9.2%RM 7.70RM 6.40n/a2
May ’25RM 7.22
RM 7.05
-2.4%
9.2%RM 7.70RM 6.40n/a2
Apr ’25RM 7.41
RM 7.05
-4.9%
9.2%RM 7.70RM 6.40n/a2
Mar ’25RM 7.21
RM 7.05
-2.2%
9.2%RM 7.70RM 6.40n/a2
Feb ’25RM 6.84
RM 5.75
-15.9%
0.9%RM 5.80RM 5.70n/a2
Jan ’25RM 5.88
RM 5.75
-2.2%
0.9%RM 5.80RM 5.70n/a2
Dec ’24RM 5.55
RM 5.75
+3.6%
0.9%RM 5.80RM 5.70n/a2
Nov ’24RM 5.25
RM 5.75
+9.5%
2.6%RM 5.90RM 5.60RM 6.932
Oct ’24RM 5.30
RM 5.75
+8.5%
2.6%RM 5.90RM 5.60RM 6.842
Sep ’24RM 5.36
RM 5.75
+7.3%
2.6%RM 5.90RM 5.60RM 6.882
Aug ’24RM 5.33
RM 5.75
+7.9%
9.6%RM 6.30RM 5.20RM 7.002
Jul ’24RM 5.33
RM 5.75
+7.9%
9.6%RM 6.30RM 5.20RM 7.202
Jun ’24RM 5.30
RM 5.72
+7.9%
7.9%RM 6.30RM 5.20RM 7.403
May ’24RM 5.27
RM 5.72
+8.5%
7.9%RM 6.30RM 5.20RM 7.223
Apr ’24RM 5.22
RM 5.72
+9.5%
7.9%RM 6.30RM 5.20RM 7.413
Mar ’24RM 5.75
RM 5.88
+2.3%
11.5%RM 6.80RM 5.20RM 7.213
Feb ’24RM 5.46
RM 5.88
+7.8%
11.5%RM 6.80RM 5.20RM 6.843
Jan ’24RM 5.00
RM 5.88
+17.7%
11.5%RM 6.80RM 5.20RM 5.883
Dec ’23RM 5.05
RM 5.88
+16.5%
11.5%RM 6.80RM 5.20RM 5.553
Nov ’23RM 4.90
RM 5.67
+15.7%
11.7%RM 6.61RM 5.20RM 5.253

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

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