Malayan Cement Bhd
KLSE:MCEMENT
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EV/IC
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.
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.
Valuation Scenarios
If EV/IC returns to its 3-Year Average (0.9), the stock would be worth MYR5.36 (24% downside from current price).
| 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
Peer Comparison
| Market Cap | EV/IC | P/E | ||||
|---|---|---|---|---|---|---|
| MY |
M
|
Malayan Cement Bhd
KLSE:MCEMENT
|
9.8B MYR | 1.2 | 12.5 | |
| IE |
C
|
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 |
A
|
Amrize AG
SIX:AMRZ
|
25.1B CHF | 1.6 | 25.2 | |
| DE |
H
|
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
| Min | 0 |
| 30th Percentile | 0.7 |
| Median | 1 |
| 70th Percentile | 1.9 |
| Max | 2 466.7 |
Other Multiples
Malayan Cement Bhd
Glance View
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.