M

Malayan Cement Bhd
KLSE:MCEMENT

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Malayan Cement Bhd
KLSE:MCEMENT
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Price: 7.07 MYR 1.43% Market Closed
Market Cap: 9.9B MYR

EV/IC

1.2
Current
32%
More Expensive
vs 3-y average of 0.9

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.2
=
Enterprise Value
MYR10.1B
/
Invested Capital
9.2B

Enterprise Value to Invested Capital (EV/IC) ratio compares a company`s total enterprise value to the capital invested in its business. It shows how efficiently the company`s market value reflects the funds used to generate returns.

EV/IC
1.2
=
Enterprise Value
MYR10.1B
/
Invested Capital
9.2B

Valuation Scenarios

Malayan Cement Bhd is trading above its 3-year average

If EV/IC returns to its 3-Year Average (0.9), the stock would be worth MYR5.36 (24% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-42%
Maximum Upside
No Upside Scenarios
Average Downside
28%
Scenario EV/IC Value Implied Price Upside/Downside
Current Multiple 1.2 MYR7.07
0%
3-Year Average 0.9 MYR5.36
-24%
5-Year Average 0.9 MYR5.09
-28%
Industry Average 0.7 MYR4.09
-42%
Country Average 1 MYR5.89
-17%

Forward EV/IC
Today’s price vs future invested capital

Not enough data available to calculate forward EV/IC

Peer Comparison

All Multiples
EV/IC
P/E
All Countries
Close
Market Cap EV/IC P/E
MY
Malayan Cement Bhd
KLSE:MCEMENT
9.8B MYR 1.2 12.5
IE
CRH PLC
NYSE:CRH
75.8B USD 1.7 20.2
CH
Holcim AG
SIX:HOLN
40.2B CHF 1.7 3
US
Vulcan Materials Co
NYSE:VMC
38.7B USD 2.7 36.4
DE
HeidelbergCement AG
XETRA:HEI
32.8B EUR 1.2 16.9
US
Martin Marietta Materials Inc
NYSE:MLM
37B USD 2.3 32.5
IN
UltraTech Cement Ltd
NSE:ULTRACEMCO
3.5T INR 2.9 46.7
US
Amrize AG
SIX:AMRZ
25.1B CHF 1.6 25.2
DE
Heidelberg Materials AG
XMUN:HEI
21.6B EUR 0.8 10.9
CN
China Jushi Co Ltd
SSE:600176
141.7B CNY 3.2 43.1
IN
Grasim Industries Ltd
NSE:GRASIM
1.9T INR 0.6 44.9

Market Distribution

In line with most companies in Malaysia
Percentile
56th
Based on 449 companies
56th percentile
1.2
Low
0 — 0.7
Typical Range
0.7 — 1.9
High
1.9 —
Distribution Statistics
Malaysia
Min 0
30th Percentile 0.7
Median 1
70th Percentile 1.9
Max 2 466.7

Malayan Cement Bhd
Glance View

Market Cap
9.9B MYR
Industry
Construction

Malayan Cement Bhd, a stalwart in Malaysia's construction landscape, traces its roots back to the post-war era when the nation embarked on an ambitious journey of rebuilding and modernization. Originally established as a cornerstone for infrastructure development, the company has evolved over the decades to become a leading supplier of cement, clinker, ready-mixed concrete, and aggregates in the region. Aligned with the relentless infrastructure growth in Malaysia, Malayan Cement operates large-scale manufacturing facilities that produce an extensive range of cement products catering to the needs of residential, commercial, and industrial construction projects. By leveraging advanced technology and sustainable practices, the company ensures high quality and efficiency, positioning itself as a key player in Malaysia's construction sector. Today, Malayan Cement makes its mark not just by churning out millions of tons of cement annually, but also through strategic market expansions and astute vertical integrations. The company's revenue stream primarily flows from supplying bulk cement to large infrastructure projects, traditional retail sales to small builders, and ready-mixed solutions to urban developments. By integrating upstream and downstream operations, Malayan Cement optimizes its production process and distribution network, ensuring cost-effectiveness and time efficiency. Additionally, its commitment to sustainability has opened avenues for environmental certifications and green building endorsements, which are increasingly becoming prerequisites for many modern constructions. Through strategic partnerships and a constant drive for innovation, Malayan Cement continues to cement its legacy, quite literally, as a pivotal player in Malaysia's growth story.

MCEMENT Intrinsic Value
8.44 MYR
Undervaluation 16%
Intrinsic Value
Price MYR7.07
M
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