RHB Research: Mr DIY’S resilient business model provides sustainable earnings | Malay Mail

📆 2021/02/18 16:04:00
📰 malaymail

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KUALA LUMPUR, Feb 18 — Mr DIY Group (M) Bhd’s resilient business model will continue to churn sustainable earnings growth, driven by outlet expansions and same-store sales growth (SSSG). RHB Research in a note today said the valuation gap between Mr DIY and other large-cap consumer stocks will...

Thursday, 18 Feb 2021 11:39 AM MYT

RHB Research in a note today said the valuation gap between Mr DIY and other large-cap consumer stocks will narrow in view of the company’s sound fundamentals, superior growth profile and potential inclusion into the FBM KLCI. The research house said valuation-wise, Mr DIY is trading at an unwarranted discount of approximately 16 per cent compared to large-cap consumer stocks despite its superior earnings growth profile.

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