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Petronas Chemicals Group Bhd
KLSE:PCHEM

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Petronas Chemicals Group Bhd
KLSE:PCHEM
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Price: 5.55 MYR 6.32% Market Closed
Market Cap: 44.4B MYR

P/OCF

14.1
Current
65%
More Expensive
vs 3-y average of 8.5

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
14.1
=
Market Cap
MYR24B
/
Operating Cash Flow
3.1B

Price to Operating Cash Flow (P/OCF) ratio compares a company`s market value to the cash it generates from its core operations.

P/OCF
14.1
=
Market Cap
MYR24B
/
Operating Cash Flow
3.1B

Valuation Scenarios

Petronas Chemicals Group Bhd is trading above its 3-year average

If P/OCF returns to its 3-Year Average (8.5), the stock would be worth MYR3.36 (40% downside from current price).

Statistics
Positive Scenarios
0/4
Maximum Downside
-52%
Maximum Upside
No Upside Scenarios
Average Downside
39%
Scenario P/OCF Value Implied Price Upside/Downside
Current Multiple 14.1 MYR5.55
0%
3-Year Average 8.5 MYR3.36
-40%
5-Year Average 8.7 MYR3.43
-38%
Industry Average 6.7 MYR2.64
-52%
Country Average 10.8 MYR4.23
-24%

Forward P/OCF
Today’s price vs future operating cash flow

Not enough data available to calculate forward P/OCF

Peer Comparison

All Multiples
P/OCF
P/E
All Countries
Close
P/E Multiple
Earnings Growth PEG
MY
P
Petronas Chemicals Group Bhd
KLSE:PCHEM
Average P/E: 82.3
Negative Multiple: -20.7
N/A N/A
SA
Saudi Basic Industries Corporation SJSC
SAU:2010
Negative Multiple: -8.8 N/A N/A
ID
Chandra Asri Pacific PT Tbk
OTC:PTPIF
41.8
N/A N/A
ID
Chandra Asri Petrochemical Tbk PT
IDX:TPIA
28.4
N/A N/A
US
Dow Inc
NYSE:DOW
Negative Multiple: -10.5 N/A N/A
CN
Hengli Petrochemical Co Ltd
SSE:600346
19
N/A N/A
UK
LyondellBasell Industries NV
NYSE:LYB
Negative Multiple: -29.9 N/A N/A
TW
Nan Ya Plastics Corp
TWSE:1303
149.5
138%
1.1
KR
LG Chem Ltd
KRX:051910
Negative Multiple: -16.8 N/A N/A
CN
Rongsheng Petrochemical Co Ltd
SZSE:002493
161.3
82%
2
IN
Solar Industries India Ltd
NSE:SOLARINDS
93.9
30%
3.1

Market Distribution

In line with most companies in Malaysia
Percentile
62nd
Based on 372 companies
62nd percentile
14.1
Low
0.4 — 6.5
Typical Range
6.5 — 18.1
High
18.1 —
Distribution Statistics
Malaysia
Min 0.4
30th Percentile 6.5
Median 10.8
70th Percentile 18.1
Max 44 044.5

Petronas Chemicals Group Bhd
Glance View

In the bustling world of petrochemicals, Petronas Chemicals Group Bhd stands as a giant fueled by strategic innovation and a deep-rooted presence across Asia. Emerging from the vast umbrella of Petroliam Nasional Berhad (Petronas), Malaysia’s national oil and gas company, Petronas Chemicals has carved its niche by seamlessly integrating the extraction of raw hydrocarbon materials with the production of essential chemical products. The company operates a diversified portfolio that includes olefins, polymers, fertilizers, methanol, and other basic chemicals. These products play a pivotal role in myriad industries, from agriculture and automotive to pharmaceuticals and electronics, thereby showcasing its embedded influence in everyday life and industrial frameworks. Generating revenue, Petronas Chemicals leverages its vast network of advanced production facilities, particularly in the Jamnagar and Gurun plants, precisely positioned for optimal access to raw materials and markets. It benefits from a vertically integrated business model, aligning feedstock supply, production capabilities, and extensive distribution channels, thereby achieving efficiencies that keep its operating costs competitive. This strategic positioning allows the company to adapt swiftly to market demands and shifts in global economic conditions. By emphasizing sustainability, it also invests in processes to lower emissions and reduce waste, aligning its growth trajectory with global environmental standards. This adept balancing act not only secures its financial robustness but also enhances its reputation as a responsible leader in the petrochemicals arena.

PCHEM Intrinsic Value
3.46 MYR
Overvaluation 38%
Intrinsic Value
Price MYR5.55
P
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