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Fraser & Neave Holdings Bhd
KLSE:F&N

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Fraser & Neave Holdings Bhd
KLSE:F&N
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Price: 31.3 MYR -0.7% Market Closed
Market Cap: 11.5B MYR

EV/IC

2.6
Current
5%
Cheaper
vs 3-y average of 2.7

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2.6
=
Enterprise Value
MYR12.1B
/
Invested Capital
4.3B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
2.6
=
Enterprise Value
MYR12.1B
/
Invested Capital
4.3B

Valuation Scenarios

Fraser & Neave Holdings Bhd is trading below its 3-year average

If EV/IC returns to its 3-Year Average (2.7), the stock would be worth MYR32.8 (5% upside from current price).

Statistics
Positive Scenarios
3/4
Maximum Downside
-62%
Maximum Upside
+7%
Average Downside
12%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 2.6 MYR31.3
0%
3-Year Average 2.7 MYR32.8
+5%
5-Year Average 2.8 MYR33.6
+7%
Industry Average 2.6 MYR31.65
+1%
Country Average 1 MYR11.87
-62%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close

Market Distribution

Higher than 75% of companies in Malaysia
Percentile
75th
Based on 449 companies
75th percentile
2.6
Low
0 — 0.7
Typical Range
0.7 — 1.9
High
1.9 —
Distribution Statistics
Malaysia
Min 0
30th Percentile 0.7
Median 1
70th Percentile 1.9
Max 2 466.7

Fraser & Neave Holdings Bhd
Glance View

Fraser & Neave Holdings Bhd, with its roots tracing back to colonial times, stands as a testament to sustainability and innovation within the Southeast Asian business landscape. Originally branching out from the colonial British company Fraser & Neave, it has firmly entrenched itself in Malaysia and has become a household name in beverages and dairy products. This conglomerate wears its rich heritage proudly, evolving over the decades from a brewery operator to one of Malaysia’s top consumers’ choices in non-alcoholic beverages, dairy, and food products. Its primary engine of growth lies within its ability to seamlessly blend traditional favorites with contemporary demand. With products ranging from soft drinks to dairy offerings, Fraser & Neave effectively captures the local palate while constantly innovating to align with modern consumer preferences. The company’s growth trajectory has been underpinned by strategic partnerships and expansive distribution networks that have bolstered its market presence. By harnessing both the nostalgia and trust associated with its brand and combining that with state-of-the-art manufacturing facilities, Fraser & Neave has ensured its products are a staple in everyday Malaysian life. Furthermore, its savvy business strategy incorporates innovative marketing and extensive distribution, propelling its products to reach even the most remote markets in Malaysia and beyond. Revenue streams are diversified across its key segments: beverages, which include iconic brands; dairy, with an array of nutritious products; and food packaging solutions, which play a crucial yet understated role in their portfolio. This trio of core operations not only fortifies its financial health but also exemplifies the company’s commitment to quality and reliability in the fast-moving consumer goods sector.

F&N Intrinsic Value
29.48 MYR
Overvaluation 6%
Intrinsic Value
Price MYR31.3
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