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Top Glove Corporation Bhd
KLSE:TOPGLOV

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Top Glove Corporation Bhd
KLSE:TOPGLOV
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Price: 1.27 MYR -3.79%
Market Cap: 10.4B MYR
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Relative Value

The Relative Value of one TOPGLOV stock under the Base Case scenario is 1.06 MYR. Compared to the current market price of 1.27 MYR, Top Glove Corporation Bhd is Overvalued by 16%.

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.

TOPGLOV Relative Value
Base Case
1.06 MYR
Overvaluation 16%
Relative Value
Price
T
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
12
vs Industry
27
Median 3Y
2.5
Median 5Y
2.6
Industry
2.3
Forward
2.7
vs History
vs Industry
21
Median 3Y
-9.2
Median 5Y
3.7
Industry
23
Forward
67.9
vs History
0
vs Industry
7
Median 3Y
33.2
Median 5Y
27
Industry
14.3
vs History
vs Industry
4
Median 3Y
-8
Median 5Y
4.5
Industry
20
vs History
49
vs Industry
48
Median 3Y
1.2
Median 5Y
1.8
Industry
2.2
vs History
12
vs Industry
26
Median 3Y
2.3
Median 5Y
2.6
Industry
2.4
Forward
2.5
vs History
4
vs Industry
43
Median 3Y
0
Median 5Y
0
Industry
5
vs History
4
vs Industry
38
Median 3Y
3.9
Median 5Y
5.5
Industry
12.9
Forward
18.5
vs History
vs Industry
23
Median 3Y
-10.7
Median 5Y
2.5
Industry
17.4
Forward
45.2
vs History
0
vs Industry
8
Median 3Y
31.4
Median 5Y
26.2
Industry
14
vs History
vs Industry
Median 3Y
-22.7
Median 5Y
-8.8
Industry
18.2
vs History
49
vs Industry
44
Median 3Y
1.2
Median 5Y
1.8
Industry
1.9

Multiples Across Competitors

TOPGLOV Competitors Multiples
Top Glove Corporation Bhd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
MY
Top Glove Corporation Bhd
KLSE:TOPGLOV
10.2B MYR 4 -156.8 73.3 -61.1
JP
Hoya Corp
TSE:7741
7T JPY 8.6 35.9 23.7 28.5
CH
Alcon AG
SIX:ALC
38.2B CHF 4.3 36.2 17.8 34.4
DK
Coloplast A/S
CSE:COLO B
177.1B DKK 6.6 35.1 22.6 26.6
US
Align Technology Inc
NASDAQ:ALGN
16.3B USD 4.1 36.8 18.6 22.4
KR
HLB Inc
KOSDAQ:028300
10.3T KRW 198.6 -55.5 -85.5 -80.6
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
51B CNY 11.5 27.6 23.9 23.9
US
Lantheus Holdings Inc
NASDAQ:LNTH
6.7B USD 4.5 15.8 10.9 12.4
CA
Bausch + Lomb Corp
NYSE:BLCO
6.3B USD 1.3 -17.1 16.6 55.6
UK
ConvaTec Group PLC
LSE:CTEC
4.6B GBP 2.6 37.1 264.5 462
US
Merit Medical Systems Inc
NASDAQ:MMSI
5.6B USD 4.2 46.5 23.2 38.1
P/E Multiple
Earnings Growth PEG
MY
T
Top Glove Corporation Bhd
KLSE:TOPGLOV
Average P/E: 33.9
Negative Multiple: -156.8
N/A N/A
JP
Hoya Corp
TSE:7741
35.9
15%
2.4
CH
Alcon AG
SIX:ALC
36.2
27%
1.3
DK
Coloplast A/S
CSE:COLO B
35.1
15%
2.3
US
Align Technology Inc
NASDAQ:ALGN
36.8
26%
1.4
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -55.5 N/A N/A
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
27.6
24%
1.1
US
Lantheus Holdings Inc
NASDAQ:LNTH
15.8
19%
0.8
CA
Bausch + Lomb Corp
NYSE:BLCO
Negative Multiple: -17.1 N/A N/A
UK
ConvaTec Group PLC
LSE:CTEC
37.1
46%
0.8
US
Merit Medical Systems Inc
NASDAQ:MMSI
46.5
37%
1.3
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
MY
T
Top Glove Corporation Bhd
KLSE:TOPGLOV
Average EV/EBIT: 78.2
Negative Multiple: -61.1
N/A N/A
JP
Hoya Corp
TSE:7741
28.5
N/A N/A
CH
Alcon AG
SIX:ALC
34.4
27%
1.3
DK
Coloplast A/S
CSE:COLO B
26.6
12%
2.2
US
Align Technology Inc
NASDAQ:ALGN
22.4
17%
1.3
KR
H
HLB Inc
KOSDAQ:028300
Negative Multiple: -80.6 N/A N/A
CN
Shenzhen New Industries Biomedical Engineering Co Ltd
SZSE:300832
23.9
23%
1
US
Lantheus Holdings Inc
NASDAQ:LNTH
12.4
12%
1
CA
Bausch + Lomb Corp
NYSE:BLCO
55.6
56%
1
UK
ConvaTec Group PLC
LSE:CTEC
462
25%
18.5
US
Merit Medical Systems Inc
NASDAQ:MMSI
38.1
36%
1.1