IJM Corporation Bhd
KLSE:IJM
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P/OCF
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.
Valuation Scenarios
If P/OCF returns to its 3-Year Average (8.6), the stock would be worth MYR0.75 (68% downside from current price).
| Scenario | P/OCF Value | Implied Price | Upside/Downside |
|---|---|---|---|
| Current Multiple | 27.1 | MYR2.35 |
0%
|
| 3-Year Average | 8.6 | MYR0.75 |
-68%
|
| 5-Year Average | 5.9 | MYR0.51 |
-78%
|
| Industry Average | 10.1 | MYR0.88 |
-63%
|
| Country Average | 10.8 | MYR0.93 |
-60%
|
Forward P/OCF
Today’s price vs future operating cash flow
Peer Comparison
| Market Cap | P/OCF | P/E | ||||
|---|---|---|---|---|---|---|
| MY |
I
|
IJM Corporation Bhd
KLSE:IJM
|
8.2B MYR | 27.1 | 26.9 | |
| JP |
|
Sumitomo Densetsu Co Ltd
TSE:1949
|
35.2T JPY | 30.9 | 19.9 | |
| US |
|
Quanta Services Inc
NYSE:PWR
|
94.7B USD | 42.6 | 92.3 | |
| FR |
|
Vinci SA
PAR:DG
|
72.9B EUR | 6.1 | 14.5 | |
| US |
|
Comfort Systems USA Inc
NYSE:FIX
|
62.4B USD | 52.6 | 61 | |
| IN |
|
Larsen & Toubro Ltd
NSE:LT
|
5.6T INR | 43.4 | 33.9 | |
| IN |
|
Larsen and Toubro Ltd
F:LTO
|
46.8B EUR | 39.4 | 30.8 | |
| NL |
|
Ferrovial SE
AEX:FER
|
43.2B EUR | 22.6 | 48.7 | |
| ES |
|
Ferrovial SA
MAD:FER
|
43.3B EUR | 22.3 | 48.1 | |
| DE |
H
|
Hochtief AG
XETRA:HOT
|
35.2B EUR | 17 | 38.4 | |
| US |
|
EMCOR Group Inc
NYSE:EME
|
38.9B USD | 29.9 | 30.5 |
Market Distribution
| Min | 0.4 |
| 30th Percentile | 6.5 |
| Median | 10.8 |
| 70th Percentile | 18.1 |
| Max | 44 044.5 |
Other Multiples
IJM Corporation Bhd
Glance View
IJM Corporation Bhd, a stalwart in Malaysia's construction and property development sector, began its journey in 1983 when three local construction giants, IGB Construction, Jurutama, and Mudajaya Construction, forged a visionary merger. This strategic union equipped IJM with the prowess to undertake large-scale infrastructure projects, positioning it as a trusted partner in shaping Malaysia’s skylines and beyond. Its foundation in construction remains the backbone of its operations, delivering a steady stream of revenue through government contracts and private sector projects. Through adept project management and leveraging economies of scale, IJM efficiently conducts its construction business, which ranges from building highways and skyscrapers to major infrastructure, establishing its footprint in both local and international markets. While its roots are firmly entrenched in construction, IJM has diversified its interests into various sectors—property development, manufacturing, quarrying, infrastructure concessions, and plantations—all of which converge to create a robust revenue base. The property development arm capitalizes on the demand for residential, commercial, and industrial spaces, translating Malaysia’s rapid urbanization into profitable ventures. Additionally, IJM’s foray into infrastructure concessions provides long-term earnings through toll road operations and other public-private partnership projects. Its manufacturing and quarrying units support construction activities by supplying essential materials, fostering cost efficiency, and ensuring quality control. Meanwhile, the plantation division taps into the agricultural domain, contributing to revenues through palm oil production. This diverse portfolio not only mitigates risk but also ensures IJM remains agile and resilient in an ever-evolving economic landscape.