$SMRT / 0117 (SMRT HOLDINGS BERHAD)
$INFOTEC / 0253 (INFOLINE TEC GROUP BERHAD)
$CLOUDPT / 0277 (CLOUDPOINT TECHNOLOGY BERHAD)

Relative Valuation Index Calculation Demonstration ::

Relative Valuation Index
= Multiple ÷ Profitability
=
√
[
{ (P/B)×(P/E) } ÷ { ROE×ROIC }
]

“The Lower Relative Valuation Index, The Greater Bargain Over Quality”

1.

SMRT: @ 18 Apr 2025

P/B = 4.92
P/E = 15.04
ROE = 32.85
ROIC = 29.25

SMRT Relative Valuation Index
= Multiple ÷ Profitability
= √((4.92×15.04)÷(32.85×29.25))
= 0.2775082172


2.

INFOTEC: @ 18 Apr 2025

P/B = 4.31
P/E = 16.12
ROE = 26.39
ROIC = 26.16

INFOTEC Relative Valuation Index
= Multiple ÷ Profitability
=
√((4.31×16.12)÷(26.39×26.16))
= 0.3172360903


3.

CLOUDPT: @ 18 Apr 2025

P/B = 4.8
P/E = 19.09
ROE = 25.14
ROIC = 24.93

CLOUDPT Relative Valuation Index
= Multiple ÷ Profitability
= √((4.8×19.09)÷(25.14×24.93))
= 0.3823664747


4.

INFOM: @ 18 Apr 2025

P/B = 3.81
P/E = 18.34
ROE = 20.76
ROIC = 20.38

INFOM Relative Valuation Index
= Multiple ÷ Profitability
= √((3.81×18.34)÷(20.76×20.38))
= 0.4063931594


5.

LGMS: @ 18 Apr 2025

P/B = 4.16
P/E = 31.78
ROE = 13.08
ROIC = 12.97

LGMS Relative Valuation Index
= Multiple ÷ Profitability
= √((4.16×31.78)÷(13.08×12.97))
= 0.8827744434


6.

MRDIY: @ 18 Apr 2025

P/B = 8.11
P/E = 27.63
ROE = 29.36
ROIC = 16.28

MRDIY Relative Valuation Index
= Multiple ÷ Profitability
= √((8.11×27.63)÷(29.36×16.28))
= 0.684692615


7.

CNERGEN: @ 18 Apr 2025

P/B = 0.82
P/E = 11.76
ROE = 6.96
ROIC = 6.88

CNERGEN Relative Valuation Index
= Multiple ÷ Profitability
= √((0.82×11.76)÷(6.96×6.88))
= 0.4487575291