Risk factor
Poor trading liquidity
Profitability factor
Excellent dividends
About
Established in 1969 and based in Kuala Lumpur, Malaysia, Sports Toto Berhad functions as an investment holding company. Its primary business revolves around operating Toto betting activities in Malaysia, the United Kingdom, and other international markets. Beyond its core operations, the company boasts a diverse portfolio that includes providing software and technical support services, along with the development, manufacturing, and distribution of computerized wagering and voting systems. Sports Toto Berhad is also actively involved in property investment and development, managing hotels, and operating health and fitness centers. Additionally, it offers computer consultancy services, environmental protection and cleaning services, and a full spectrum of automotive services, such as retailing, repair and maintenance, aftersales support, and insurance agency and brokerage. The company officially changed its name to Sports Toto Berhad in April 2022, having previously been known as Berjaya Sports Toto Berhad.
Company Valuation
Based on key historical and expected multiples, the stock is slightly undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, neutral on EV/EBITDA,
Target Price
The average target price of 1562.KL is 1.25 and suggests 5.3% downside potential. Usually, this means a SELL recommendation among investment firms, or a recommendation to