The Discounted Cash Flow (DCF) valuation of Prolexus Bhd (PRLEXUS.KL) is 0.85 MYR. With the latest stock price at 0.21 MYR, the upside of Prolexus Bhd based on DCF is 305%.
Based on the latest price of 0.21 MYR and our DCF valuation, Prolexus Bhd (PRLEXUS.KL) is a buy. Buying PRLEXUS.KL stocks now will result in a potential gain of 305%.
Range | Selected | |
WACC / Discount Rate | 7.3% - 9.2% | 8.3% |
Long-term Growth Rate | 0.0% - 1.0% | 0.5% |
Fair Price | 0.71 - 1.06 | 0.85 |
Upside | 237.3% - 405.0% | 305.0% |
(MYR in millions) | Projections | |||||
07-2023 | 07-2024 | 07-2025 | 07-2026 | 07-2027 | 07-2028 | |
Revenue | 223 | 233 | 249 | 258 | 263 | 270 |
% Growth | 6% | 4% | 7% | 4% | 2% | 2% |
Cost of goods sold | (191) | (200) | (213) | (221) | (225) | (231) |
% of Revenue | 86% | 86% | 86% | 86% | 86% | 86% |
Selling, G&A expenses | (31) | (33) | (35) | (36) | (37) | (38) |
% of Revenue | 14% | 14% | 14% | 14% | 14% | 14% |
Research & Development | 0 | 0 | 0 | 0 | 0 | 0 |
% of Revenue | 0% | 0% | 0% | 0% | 0% | 0% |
Net interest & other expenses | 24 | 25 | 26 | 27 | 28 | 28 |
% of Revenue | 11% | 11% | 11% | 11% | 11% | 11% |
Tax expense | (4) | (5) | (5) | (5) | (5) | (6) |
Tax rate | 17% | 19% | 19% | 19% | 19% | 19% |
Net profit | 20 | 20 | 22 | 22 | 23 | 23 |
% Margin | 9% | 9% | 9% | 9% | 9% | 9% |