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Frontken Corporation Bhd
KLSE:FRONTKN

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Frontken Corporation Bhd
KLSE:FRONTKN
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Price: 4.32 MYR 0.7% Market Closed
Market Cap: 7.2B MYR

EV/FCFF

39.5
Current
7%
Cheaper
vs 3-y average of 42.4

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
39.5
=
Enterprise Value
MYR5.6B
/
Free Cash Flow to Firm
160.2m

Enterprise Value to Free Cash Flow to Firm (EV/FCFF) ratio compares a company`s total enterprise value to the free cash flow available to all investors, both debt and equity holders. It shows how much investors are paying for each dollar of cash flow the business generates before interest payments.

EV/FCFF
39.5
=
Enterprise Value
MYR5.6B
/
Free Cash Flow to Firm
160.2m

Valuation Scenarios

Frontken Corporation Bhd is trading below its 3-year average

If EV/FCFF returns to its 3-Year Average (42.4), the stock would be worth MYR4.63 (7% upside from current price).

Statistics
Positive Scenarios
2/4
Maximum Downside
-59%
Maximum Upside
+10%
Average Downside
13%
Scenario EV/FCFF Value Implied Price Upside/Downside
Current Multiple 39.5 MYR4.32
0%
3-Year Average 42.4 MYR4.63
+7%
5-Year Average 43.5 MYR4.75
+10%
Industry Average 35.9 MYR3.92
-9%
Country Average 16.1 MYR1.76
-59%

Forward EV/FCFF
Today’s price vs future free cash flow to firm

Not enough data available to calculate forward EV/FCFF

Peer Comparison

All Multiples
EV/FCFF
P/E
All Countries
Close
Market Cap EV/FCFF P/E
MY
Frontken Corporation Bhd
KLSE:FRONTKN
7.1B MYR 39.5 46.3
US
Cintas Corp
NASDAQ:CTAS
70.4B USD 40.6 36.4
US
Copart Inc
NASDAQ:CPRT
31.9B USD 19 20.5
AU
Brambles Ltd
ASX:BXB
29.9B AUD 24.8 21.4
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
27B CAD 36.4 52.2
US
RB Global Inc
F:J1F
16.8B EUR 35.9 51.5
FR
Spie SA
PAR:SPIE
8.3B EUR 11.7 47.9
US
Aurora Innovation Inc
NASDAQ:AUR
9.5B USD -13.6 -11.7
FR
Elis SA
PAR:ELIS
6.1B EUR 15.6 16.6
DK
Iss A/S
CSE:ISS
36.8B DKK 13.7 14.4
US
IAA Inc
F:3NI
4.9B EUR 30.3 19.8
P/E Multiple
Earnings Growth PEG
MY
F
Frontken Corporation Bhd
KLSE:FRONTKN
Average P/E: 32.7
46.3
19%
2.4
US
Cintas Corp
NASDAQ:CTAS
36.4
11%
3.3
US
Copart Inc
NASDAQ:CPRT
20.5
5%
4.1
AU
Brambles Ltd
ASX:BXB
21.4
10%
2.1
CA
Ritchie Bros Auctioneers Inc
TSX:RBA
52.2
48%
1.1
US
RB Global Inc
F:J1F
51.5
48%
1.1
FR
Spie SA
PAR:SPIE
47.9
54%
0.9
US
Aurora Innovation Inc
NASDAQ:AUR
Negative Multiple: -11.7 N/A N/A
FR
Elis SA
PAR:ELIS
16.6
14%
1.2
DK
Iss A/S
CSE:ISS
14.4
18%
0.8
US
I
IAA Inc
F:3NI
19.8
N/A N/A

Market Distribution

Higher than 79% of companies in Malaysia
Percentile
79th
Based on 312 companies
79th percentile
39.5
Low
0.3 — 10.6
Typical Range
10.6 — 26.9
High
26.9 —
Distribution Statistics
Malaysia
Min 0.3
30th Percentile 10.6
Median 16.1
70th Percentile 26.9
Max 36 378.1

Frontken Corporation Bhd
Glance View

Frontken Corporation Bhd, a name that resonates within the industrial service and engineering sectors, found its roots in Malaysia, yet its footprint stretches across international markets. Established in 1996, the company carved a niche for itself by focusing on high-tech equipment maintenance, precision cleaning, and surface treatment services. Specializing in industries such as semiconductor, oil and gas, and power generation, Frontken has mastered the art of supporting critical operations with its finely tuned services. The company thrives by adding value to its clients' businesses through reducing downtime, enhancing efficiency, and ensuring optimal performance of highly technical equipment. In the semiconductor sector, which significantly drives its financial engine, Frontken provides cleaning and restoration services essential for the delicate processes of chip manufacturing. Frontken's success is largely attributed to its strategy of intertwining state-of-the-art technology with robust expertise. It capitalizes on its ability to deliver innovative solutions that meet the evolving needs of a technology-driven world. The company's revenue streams stem from long-term contracts with semiconductor giants and from supplying specialized maintenance services to energy and petrochemical sectors. By maintaining a diverse portfolio, Frontken mitigates risk and ensures financial stability. Its financial narrative is one of consistent growth, fueled by relentless operational efficiency and strategic expansion. With facilities across Southeast Asia and a growing presence in Taiwan, the company is strategically positioned in regions that are hubs for semiconductor activity, further cementing its role as a pivotal player in its industry.

FRONTKN Intrinsic Value
2.8 MYR
Overvaluation 35%
Intrinsic Value
Price MYR4.32
F
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