B

Brite-Tech Bhd
KLSE:BTECH

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Brite-Tech Bhd
KLSE:BTECH
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Price: 0.26 MYR Market Closed
Market Cap: 65.5m MYR

Relative Value

The Relative Value of one BTECH stock under the Base Case scenario is 0.38 MYR. Compared to the current market price of 0.26 MYR, Brite-Tech Bhd is Undervalued by 32%.

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.

BTECH Relative Value
Base Case
0.38 MYR
Undervaluation 32%
Relative Value
Price
B
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
90
vs Industry
24
Median 3Y
2.9
Median 5Y
2.9
Industry
1.1
vs History
92
vs Industry
50
Median 3Y
9.2
Median 5Y
9.9
Industry
15.5
vs History
26
vs Industry
24
Median 3Y
10.3
Median 5Y
10.6
Industry
9
vs History
vs Industry
9
Median 3Y
5.8
Median 5Y
11.9
Industry
15.4
vs History
96
vs Industry
65
Median 3Y
0.9
Median 5Y
0.9
Industry
1.5
vs History
69
vs Industry
20
Median 3Y
3.8
Median 5Y
4
Industry
1.4
vs History
vs Industry
26
Median 3Y
0
Median 5Y
0
Industry
4.1
vs History
73
vs Industry
40
Median 3Y
7.5
Median 5Y
8
Industry
8
vs History
76
vs Industry
45
Median 3Y
8.6
Median 5Y
9.3
Industry
11.4
vs History
12
vs Industry
17
Median 3Y
13.9
Median 5Y
13.1
Industry
9.5
vs History
33
vs Industry
13
Median 3Y
19.7
Median 5Y
15.3
Industry
12.6
vs History
85
vs Industry
55
Median 3Y
0.8
Median 5Y
0.9
Industry
1.1

Multiples Across Competitors

BTECH Competitors Multiples
Brite-Tech Bhd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
MY
Brite-Tech Bhd
KLSE:BTECH
65.5m MYR 2.3 7.1 6.6 7.5
US
Waste Management Inc
NYSE:WM
91.7B USD 4.2 33.4 17.7 27.4
US
Republic Services Inc
NYSE:RSG
76B USD 4.7 37.2 17.5 27.2
CA
Waste Connections Inc
TSX:WCN
69.6B CAD 5.5 79.9 20 33.7
US
Rollins Inc
NYSE:ROL
26.8B USD 7.9 57.4 35.2 41.2
US
Veralto Corp
NYSE:VLTO
22.8B USD 4.4 27.4 18.9 20.1
CA
GFL Environmental Inc
TSX:GFL
26.7B CAD 3.4 -33.3 17.8 78.6
UK
Rentokil Initial PLC
LSE:RTO
8.7B GBP 1.6 28.2 8.8 14.6
US
Clean Harbors Inc
NYSE:CLH
11.4B USD 1.9 28.4 12.5 20
US
Tetra Tech Inc
NASDAQ:TTEK
8.4B USD 1.9 32.3 14.9 16.9
US
Stericycle Inc
NASDAQ:SRCL
8.2B USD 3.1 226.6 21.9 43.3
P/E Multiple
Earnings Growth PEG
MY
B
Brite-Tech Bhd
KLSE:BTECH
Average P/E: 55.8
7.1
N/A N/A
US
Waste Management Inc
NYSE:WM
33.4
13%
2.6
US
Republic Services Inc
NYSE:RSG
37.2
9%
4.1
CA
Waste Connections Inc
TSX:WCN
79.9
43%
1.9
US
Rollins Inc
NYSE:ROL
57.4
14%
4.1
US
Veralto Corp
NYSE:VLTO
27.4
10%
2.7
CA
GFL Environmental Inc
TSX:GFL
Negative Multiple: -33.3 N/A N/A
UK
Rentokil Initial PLC
LSE:RTO
28.2
-24%
N/A
US
Clean Harbors Inc
NYSE:CLH
28.4
14%
2
US
Tetra Tech Inc
NASDAQ:TTEK
32.3
14%
2.3
US
Stericycle Inc
NASDAQ:SRCL
226.6
N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
MY
B
Brite-Tech Bhd
KLSE:BTECH
Average EV/EBITDA: 17.4
6.6
N/A N/A
US
Waste Management Inc
NYSE:WM
17.7
12%
1.5
US
Republic Services Inc
NYSE:RSG
17.5
7%
2.5
CA
Waste Connections Inc
TSX:WCN
20
10%
2
US
Rollins Inc
NYSE:ROL
35.2
11%
3.2
US
Veralto Corp
NYSE:VLTO
18.9
7%
2.7
CA
GFL Environmental Inc
TSX:GFL
17.8
5%
3.6
UK
Rentokil Initial PLC
LSE:RTO
8.8
5%
1.8
US
Clean Harbors Inc
NYSE:CLH
12.5
10%
1.3
US
Tetra Tech Inc
NASDAQ:TTEK
14.9
7%
2.1
US
Stericycle Inc
NASDAQ:SRCL
21.9
9%
2.4