The Discounted Cash Flow (DCF) valuation of Oriental Interest Bhd (OIB.KL) is 1.63 MYR. With the latest stock price at 1.18 MYR, the upside of Oriental Interest Bhd based on DCF is 38%.
Based on the latest price of 1.18 MYR and our DCF valuation, Oriental Interest Bhd (OIB.KL) is a buy. Buying OIB.KL stocks now will result in a potential gain of 38%.
Range | Selected | |
WACC / Discount Rate | 6.1% - 8.5% | 7.3% |
Long-term Growth Rate | 0.0% - 1.0% | 0.5% |
Fair Price | 1.2 - 2.34 | 1.63 |
Upside | 1.6% - 98.1% | 38.0% |
(MYR in millions) | Projections | |||||
08-2024 | 08-2025 | 08-2026 | 08-2027 | 08-2028 | 08-2029 | |
Revenue | 652 | 763 | 893 | 983 | 1,119 | 1,234 |
% Growth | 22% | 17% | 17% | 10% | 14% | 10% |
Cost of goods sold | (458) | (536) | (627) | (690) | (786) | (867) |
% of Revenue | 70% | 70% | 70% | 70% | 70% | 70% |
Selling, G&A expenses | (59) | (69) | (81) | (89) | (102) | (112) |
% of Revenue | 9% | 9% | 9% | 9% | 9% | 9% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | 1 | 1 | 1 | 1 | 1 | 1 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Tax expense | (34) | (39) | (46) | (51) | (58) | (64) |
Tax rate | 25% | 25% | 25% | 25% | 25% | 25% |
Net profit | 102 | 119 | 139 | 153 | 175 | 193 |
% Margin | 16% | 16% | 16% | 16% | 16% | 16% |