The Discounted Cash Flow (DCF) valuation of WCT Holdings Bhd (WCT.KL) is 0.55 MYR. With the latest stock price at 0.71 MYR, the upside of WCT Holdings Bhd based on DCF is -22.7%.
Based on the latest price of 0.71 MYR and our DCF valuation, WCT Holdings Bhd (WCT.KL) is a sell. Selling WCT.KL stocks now will result in a potential gain of 22.7%.
Range | Selected | |
WACC / Discount Rate | 6.5% - 9.3% | 7.9% |
Long-term Growth Rate | 1.0% - 3.0% | 2.0% |
Fair Price | (0.16) - 2.20 | 0.55 |
Upside | -122.0% - 210.5% | -22.7% |
(MYR in millions) | Projections | |||||
12-2024 | 12-2025 | 12-2026 | 12-2027 | 12-2028 | 12-2029 | |
Revenue | 1,824 | 2,045 | 2,021 | 1,862 | 1,900 | 1,970 |
% Growth | 6% | 12% | -1% | -8% | 2% | 4% |
Cost of goods sold | (1,526) | (1,711) | (1,691) | (1,558) | (1,590) | (1,648) |
% of Revenue | 84% | 84% | 84% | 84% | 84% | 84% |
Selling, G&A expenses | (163) | (183) | (181) | (167) | (170) | (176) |
% 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 | 139 | 156 | 155 | 142 | 145 | 151 |
% of Revenue | 8% | 8% | 8% | 8% | 8% | 8% |
Tax expense | 47 | (74) | (73) | (67) | (68) | (71) |
Tax rate | 17% | 24% | 24% | 24% | 24% | 24% |
Net profit | 321 | 234 | 231 | 213 | 217 | 225 |
% Margin | 18% | 11% | 11% | 11% | 11% | 11% |