PEC Ltd
SGX:IX2

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PEC Ltd
SGX:IX2
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Price: 0.84 SGD Market Closed
Market Cap: 214.8m SGD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one IX2 stock under the Base Case scenario is 0.51 SGD. Compared to the current market price of 0.84 SGD, PEC Ltd is Overvalued by 39%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

IX2 Relative Value
Base Case
0.51 SGD
Overvaluation 39%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

0.5
P/S
P/S
Price to Sales
0.5
vs History
1
vs Industry
58
Median 3Y
0.4
Median 5Y
0.3
Industry
0.9
More Details
15.7
P/E
P/E
Price to Earnings
15.7
vs History
12
vs Industry
32
Median 3Y
12.8
Median 5Y
10.5
Industry
15.2
More Details
4.6
P/OCF
P/OCF
Price to OCF
4.6
vs History
50
vs Industry
48
Median 3Y
7.4
Median 5Y
4.7
Industry
8.8
More Details
5.6
P/FCFE
P/FCFE
Price to FCFE
5.6
vs History
46
vs Industry
40
Median 3Y
5.6
Median 5Y
5.5
Industry
12.9
More Details
0.9
P/B
P/B
Price to Book Value
0.9
vs History
1
vs Industry
55
Median 3Y
0.6
Median 5Y
0.6
Industry
1.2
More Details
0.3
EV/S
EV/S
Enterprise Value to Sales
0.3
vs History
1
vs Industry
80
Median 3Y
0.1
Median 5Y
0.1
Industry
1
More Details
1
EV/GP
EV/GP
Enterprise Value to Gross Profit
1
vs History
1
vs Industry
82
Median 3Y
0.5
Median 5Y
0.3
Industry
5.2
More Details
2.5
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
2.5
vs History
9
vs Industry
68
Median 3Y
1.4
Median 5Y
0.7
Industry
9.3
More Details
4.3
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
4.3
vs History
22
vs Industry
61
Median 3Y
2.4
Median 5Y
1
Industry
11.9
More Details
2.3
EV/OCF
EV/OCF
Enterprise Value to OCF
2.3
vs History
31
vs Industry
58
Median 3Y
2.4
Median 5Y
1
Industry
10.3
More Details
2.4
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
2.4
vs History
12
vs Industry
48
Median 3Y
1.1
Median 5Y
0.9
Industry
13.1
More Details
0.5
EV/IC
EV/IC
Enterprise Value to IC
0.5
vs History
1
vs Industry
70
Median 3Y
0.2
Median 5Y
0.1
Industry
0.8
More Details

Multiples Across Competitors

IX2 Competitors Multiples
PEC Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
SG
PEC Ltd
SGX:IX2
214.1m SGD 0.5 15.7 2.5 4.3
MY
Malaysian Resources Corporation Bhd
KLSE:MRCB
9.4T MYR 6 794.3 136 106.2 69 914.4 69 914.4
MY
Econpile Holdings Bhd
KLSE:ECONBHD
3.2T MYR 10 736.5 -355 282.9 521 404 3 102 556.8
MY
PJBumi Bhd
KLSE:PJBUMI
401B MYR 12 123.4 -195 219.1 -426 121.6 -215 696.8
FR
Vinci SA
PAR:DG
70.3B EUR 1 14.5 6.9 10.1
MY
UEM Edgenta Bhd
KLSE:EDGENTA
315.2B MYR 104.4 13 029.6 3 725.2 3 725.2
IN
Larsen & Toubro Ltd
NSE:LT
5.1T INR 2 33.6 20.3 24.1
US
Quanta Services Inc
NYSE:PWR
56.5B USD 2.3 60.7 27.9 43.8
IN
Larsen and Toubro Ltd
F:LTO
49B EUR 1.9 32.5 19.6 23.3
NL
Ferrovial SE
AEX:FER
32.7B EUR 3.6 10.1 29.4 43.8
ES
Ferrovial SA
MAD:FER
32.7B EUR 3.6 10.1 29.4 43.8
P/S Multiple
Revenue Growth P/S to Growth
SG
PEC Ltd
SGX:IX2
Average P/S: 2 706.7
0.5
N/A N/A
MY
M
Malaysian Resources Corporation Bhd
KLSE:MRCB
6 794.3
21%
323.5
MY
E
Econpile Holdings Bhd
KLSE:ECONBHD
10 736.5
12%
894.7
MY
P
PJBumi Bhd
KLSE:PJBUMI
12 123.4
N/A N/A
FR
Vinci SA
PAR:DG
1
4%
0.2
MY
U
UEM Edgenta Bhd
KLSE:EDGENTA
104.4
N/A N/A
IN
Larsen & Toubro Ltd
NSE:LT
2
16%
0.1
US
Quanta Services Inc
NYSE:PWR
2.3
12%
0.2
IN
Larsen and Toubro Ltd
F:LTO
1.9
16%
0.1
NL
Ferrovial SE
AEX:FER
3.6
4%
0.9
ES
Ferrovial SA
MAD:FER
3.6
4%
0.9
P/E Multiple
Earnings Growth PEG
SG
PEC Ltd
SGX:IX2
Average P/E: 16 590.3
15.7
N/A N/A
MY
M
Malaysian Resources Corporation Bhd
KLSE:MRCB
136 106.2
18%
7 561.5
MY
E
Econpile Holdings Bhd
KLSE:ECONBHD
Negative Multiple: -355 282.9 N/A N/A
MY
P
PJBumi Bhd
KLSE:PJBUMI
Negative Multiple: -195 219.1 N/A N/A
FR
Vinci SA
PAR:DG
14.5
9%
1.6
MY
U
UEM Edgenta Bhd
KLSE:EDGENTA
13 029.6
N/A N/A
IN
Larsen & Toubro Ltd
NSE:LT
33.6
20%
1.7
US
Quanta Services Inc
NYSE:PWR
60.7
32%
1.9
IN
Larsen and Toubro Ltd
F:LTO
32.5
20%
1.6
NL
Ferrovial SE
AEX:FER
10.1
-36%
N/A
ES
Ferrovial SA
MAD:FER
10.1
-36%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
SG
PEC Ltd
SGX:IX2
Average EV/EBITDA: 59 518
2.5
N/A N/A
MY
M
Malaysian Resources Corporation Bhd
KLSE:MRCB
69 914.4
19%
3 679.7
MY
E
Econpile Holdings Bhd
KLSE:ECONBHD
521 404
N/A N/A
MY
P
PJBumi Bhd
KLSE:PJBUMI
Negative Multiple: -426 121.6 N/A N/A
FR
Vinci SA
PAR:DG
6.9
6%
1.1
MY
U
UEM Edgenta Bhd
KLSE:EDGENTA
3 725.2
N/A N/A
IN
Larsen & Toubro Ltd
NSE:LT
20.3
17%
1.2
US
Quanta Services Inc
NYSE:PWR
27.9
19%
1.5
IN
Larsen and Toubro Ltd
F:LTO
19.6
17%
1.2
NL
Ferrovial SE
AEX:FER
29.4
11%
2.7
ES
Ferrovial SA
MAD:FER
29.4
11%
2.7
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
SG
PEC Ltd
SGX:IX2
Average EV/EBIT: 317 638.9
4.3
N/A N/A
MY
M
Malaysian Resources Corporation Bhd
KLSE:MRCB
69 914.4
24%
2 913.1
MY
E
Econpile Holdings Bhd
KLSE:ECONBHD
3 102 556.8
N/A N/A
MY
P
PJBumi Bhd
KLSE:PJBUMI
Negative Multiple: -215 696.8 N/A N/A
FR
Vinci SA
PAR:DG
10.1
7%
1.4
MY
U
UEM Edgenta Bhd
KLSE:EDGENTA
3 725.2
N/A N/A
IN
Larsen & Toubro Ltd
NSE:LT
24.1
19%
1.3
US
Quanta Services Inc
NYSE:PWR
43.8
22%
2
IN
Larsen and Toubro Ltd
F:LTO
23.3
19%
1.2
NL
Ferrovial SE
AEX:FER
43.8
14%
3.1
ES
Ferrovial SA
MAD:FER
43.8
14%
3.1

See Also

Summary
IX2 intrinsic value, competitors valuation, and company profile.
DCF Valuation
IX2 stock valuation using Discount Cash Flow valuation method.
Relative Valuation
IX2 stock valuation using valuation multiples.
Wall Street Estimates
IX2 price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
IX2 stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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