IOI Corporation Bhd
KLSE:IOICORP

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IOI Corporation Bhd Logo
IOI Corporation Bhd
KLSE:IOICORP
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Price: 3.68 MYR 0.82% Market Closed
Market Cap: 23.1B MYR

Relative Value

The Relative Value of one IOICORP stock under the Base Case scenario is 3.79 MYR. Compared to the current market price of 3.68 MYR, IOI Corporation Bhd is Undervalued by 3%.

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.

IOICORP Relative Value
Base Case
3.79 MYR
Undervaluation 3%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
57
vs Industry
22
Median 3Y
2.1
Median 5Y
2.3
Industry
0.9
Forward
2
vs History
57
vs Industry
32
Median 3Y
17.9
Median 5Y
18.6
Industry
16.1
Forward
16.8
vs History
66
vs Industry
19
Median 3Y
17.9
Median 5Y
19.8
Industry
9.6
vs History
4
vs Industry
2
Median 3Y
56.7
Median 5Y
58.2
Industry
17.2
vs History
96
vs Industry
33
Median 3Y
2.1
Median 5Y
2.2
Industry
1.4
vs History
58
vs Industry
21
Median 3Y
2.3
Median 5Y
2.4
Industry
1.1
Forward
2.1
vs History
vs Industry
14
Median 3Y
0
Median 5Y
0
Industry
4.7
vs History
55
vs Industry
25
Median 3Y
14.6
Median 5Y
14.7
Industry
10
Forward
12.4
vs History
49
vs Industry
22
Median 3Y
18.6
Median 5Y
19.2
Industry
12.9
Forward
16.1
vs History
66
vs Industry
19
Median 3Y
19
Median 5Y
21.4
Industry
10.7
vs History
57
vs Industry
10
Median 3Y
31.8
Median 5Y
44
Industry
15
vs History
96
vs Industry
28
Median 3Y
1.7
Median 5Y
1.8
Industry
1.1

Multiples Across Competitors

IOICORP Competitors Multiples
IOI Corporation Bhd Competitors

Market Cap P/S P/E EV/EBITDA EV/EBIT
MY
IOI Corporation Bhd
KLSE:IOICORP
22.8B MYR 2.1 17.7 14.7 19.3
US
Archer-Daniels-Midland Co
XETRA:ADM
20.2B EUR 0.3 12.8 9.8 15.3
SG
Wilmar International Ltd
SGX:F34
19.5B SGD 0.2 12.7 3.9 6.1
US
Bunge Ltd
NYSE:BG
10.8B USD 0.2 9.5 6.3 8.1
CN
Tongwei Co Ltd
SSE:600438
73.3B CNY 0.8 -10.9 -19.9 -19.9
US
Ingredion Inc
NYSE:INGR
8.4B USD 1.1 13 7.5 9.1
MY
Sime Darby Plantation Bhd
KLSE:SIMEPLT
32.5B MYR 1.8 17.5 10.8 19
CN
New Hope Liuhe Co Ltd
SZSE:000876
44.4B CNY 0.4 10.8 -471.6 -471.6
US
Darling Ingredients Inc
NYSE:DAR
5.1B USD 0.9 29.5 10.9 28.6
MY
Kuala Lumpur Kepong Bhd
KLSE:KLK
21.5B MYR 1 36.8 10.3 16.3
ID
Charoen Pokphand Indonesia Tbk PT
IDX:CPIN
72.5T IDR 1.1 19.5 13.4 13.4
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
MY
IOI Corporation Bhd
KLSE:IOICORP
Average EV/EBITDA: 9.7
14.7
8%
1.8
US
A
Archer-Daniels-Midland Co
XETRA:ADM
9.8
13%
0.8
SG
Wilmar International Ltd
SGX:F34
3.9
6%
0.6
US
Bunge Ltd
NYSE:BG
6.3
7%
0.9
CN
Tongwei Co Ltd
SSE:600438
Negative Multiple: -19.9
-8%
N/A
US
Ingredion Inc
NYSE:INGR
7.5
4%
1.9
MY
S
Sime Darby Plantation Bhd
KLSE:SIMEPLT
10.8
N/A N/A
CN
New Hope Liuhe Co Ltd
SZSE:000876
Negative Multiple: -471.6 N/A N/A
US
Darling Ingredients Inc
NYSE:DAR
10.9
26%
0.4
MY
K
Kuala Lumpur Kepong Bhd
KLSE:KLK
10.3
8%
1.3
ID
Charoen Pokphand Indonesia Tbk PT
IDX:CPIN
13.4
15%
0.9
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
MY
IOI Corporation Bhd
KLSE:IOICORP
Average EV/EBIT: 15
19.3
8%
2.4
US
A
Archer-Daniels-Midland Co
XETRA:ADM
15.3
4%
3.8
SG
Wilmar International Ltd
SGX:F34
6.1
7%
0.9
US
Bunge Ltd
NYSE:BG
8.1
6%
1.3
CN
Tongwei Co Ltd
SSE:600438
Negative Multiple: -19.9
-25%
N/A
US
Ingredion Inc
NYSE:INGR
9.1
4%
2.3
MY
S
Sime Darby Plantation Bhd
KLSE:SIMEPLT
19
N/A N/A
CN
New Hope Liuhe Co Ltd
SZSE:000876
Negative Multiple: -471.6 N/A N/A
US
Darling Ingredients Inc
NYSE:DAR
28.6
55%
0.5
MY
K
Kuala Lumpur Kepong Bhd
KLSE:KLK
16.3
10%
1.6
ID
Charoen Pokphand Indonesia Tbk PT
IDX:CPIN
13.4
N/A N/A