MST Golf Group Berhad Valuation

Q: What is the Fair Price of MSTGOLF when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

MSTGOLF (MYR0.25) is trading above our estimate of [[fair value]] (MYR0.16)

Is MSTGOLF undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

1/6

Valuation Score 1/6

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

Below Fair Value: MSTGOLF (MYR0.25) is trading above our estimate of fair value (MYR0.16)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MSTGOLF. This is calculated by dividing MSTGOLF's market cap by their current earnings.
What is MSTGOLF's PE Ratio?
PE Ratio	26.3x
Earnings	RM 7.81m
Market Cap	RM 205.22m

MSTGOLF key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	0.9x
Enterprise Value/EBITDA	9.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MSTGOLF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	30.9x
TOMEI Tomei Consolidated Berhad	3.7x	n/a	RM 205.1m
INNATURE InNature Berhad	14.8x	15.2%	RM 141.2m
MYNEWS Mynews Holdings Berhad	71.4x	59.9%	RM 469.0m
ATLAN Atlan Holdings Bhd	33.8x	n/a	RM 697.5m
MSTGOLF MST Golf Group Berhad	26.3x	n/a	RM 205.2m

Price-To-Earnings vs Peers: MSTGOLF is good value based on its Price-To-Earnings Ratio (26.3x) compared to the peer average (30.9x).

Price to Earnings Ratio vs Industry

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

2 Companies	Price / Earnings	Estimated Growth	Market Cap

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: MSTGOLF is expensive based on its Price-To-Earnings Ratio (26.3x) compared to the Asian Specialty Retail industry average (17.7x).

Price to Earnings Ratio vs Fair Ratio

What is MSTGOLF'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.

MSTGOLF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	26.3x
Fair PE Ratio	n/a

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