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PPB Group Bhd
KLSE:PPB

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PPB Group Bhd
KLSE:PPB
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Price: 11.34 MYR 0.53% Market Closed
Market Cap: 16.1B MYR

P/OCF

20.9
Current
29%
Cheaper
vs 3-y average of 29.7

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
20.9
=
Market Cap
MYR16.2B
/
Operating Cash Flow
770.3m

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
20.9
=
Market Cap
MYR16.2B
/
Operating Cash Flow
770.3m

Valuation Scenarios

PPB Group Bhd is trading below its 3-year average

If P/OCF returns to its 3-Year Average (29.7), the stock would be worth MYR16.06 (42% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-49%
Maximum Upside
+42%
Average Downside
11%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 20.9 MYR11.34
0%
3-Year Average 29.7 MYR16.06
+42%
5-Year Average 23.3 MYR12.62
+11%
Industry Average 10.8 MYR5.86
-48%
Country Average 10.8 MYR5.82
-49%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
Market Cap P/OCF P/E
MY
PPB Group Bhd
KLSE:PPB
16.1B MYR 20.9 -5.9
JP
Goyo Foods Industry Co Ltd
TSE:2230
53.2T JPY 324 863.9 540 752.8
CH
Nestle SA
SIX:NESN
205.8B CHF 13.2 23.2
US
Mondelez International Inc
NASDAQ:MDLZ
73.8B USD 16.4 30.1
FR
Danone SA
PAR:BN
43.3B EUR 11.4 23.8
ZA
Tiger Brands Ltd
JSE:TBS
48.7B ZAR 21.4 12.8
US
Hershey Co
NYSE:HSY
38.8B USD 17.1 44
CN
Muyuan Foods Co Ltd
SZSE:002714
237.6B CNY 11 24.3
CN
Foshan Haitian Flavouring and Food Co Ltd
SSE:603288
231.2B CNY 29.8 32.8
ZA
Avi Ltd
JSE:AVI
32.7B ZAR 10.7 12.7
CH
Chocoladefabriken Lindt & Spruengli AG
SIX:LISN
23.8B CHF 45.3 32.4

Market Distribution

Higher than 73% of companies in Malaysia
Percentile
73nd
Based on 372 companies
73nd percentile
20.9
Low
0.4 — 6.5
Typical Range
6.5 — 18.1
High
18.1 —
Distribution Statistics
Malaysia
Min 0.4
30th Percentile 6.5
Median 10.8
70th Percentile 18.1
Max 44 044.5

PPB Group Bhd
Glance View

Market Cap
16.1B MYR
Industry
Food Products

PPB Group Bhd is a prominent Malaysian conglomerate with a rich history woven into the very fabric of Southeast Asia’s economic landscape. Established in 1968 by the influential Kuok family, the company has grown into a diversified powerhouse with interests spanning across multiple industries. At its heart, PPB Group is fundamentally anchored in food production, with its flagship subsidiary, FFM Berhad, leading the way in flour and animal feed manufacturing. This division has secured a pivotal role in the food supply chain, leveraging on regional demand to drive revenue. Underpinning the success of this sector is PPB’s strategic emphasis on efficiency and scale, allowing it to compete fiercely in both domestic and international markets. Through strategic investments in technology and infrastructure, PPB ensures robust, sustainable operations that cater to ever-growing regional needs. Beyond its staple business in food production, PPB Group is also a significant player in Malaysia’s property development, cinema operations, and environmental engineering sectors. Golden Screen Cinemas, its wholly owned subsidiary, is the largest cinema operator in Malaysia, enhancing PPB’s portfolio by tapping into entertainment and lifestyle consumer spending. Meanwhile, the Property division develops residential and commercial projects, creating value through its astute eye for prime locations and quality developments. These diversified ventures align with PPB's philosophy of creating long-term shareholder value, as each sector generates robust cash flows that mitigate the cyclical nature of the individual markets they serve. Uniting these diverse operations is a management ethos characterized by prudent capital allocation, steady expansion strategies, and an unwavering commitment to sustainable growth, which together continue to underpin PPB Group’s enduring success.

PPB Intrinsic Value
10.84 MYR
Overvaluation 4%
Intrinsic Value
Price MYR11.34
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