Author: Piggybank | Publish date: Tue, 14 Jun 2016, 04:52 PM
Well established and geographically diversified end clients – LKL International (LKL) has been selling its medical beds and accessories to both locally and internationally established hospitals and medical centres. We can derive a fair value of RM 0.44 for LKL. The valuation is pegged at 22x FY17 EPS forecast of 2sen.
International listed Medical devices listed companies.
| Name | P/E |
| APEX MEDICAL CORP | 20.2 |
| CHC HEALTHCARE GROUP | 23.8 |
| CRH MEDICAL CORP | 54.9 |
| EDAN INSTRUMENTS INC-A | 48.2 |
| SHANGHAI KINETIC MEDICAL C-A | 84.3 |
| LKL INTERNATIONAL | 15.0 |
| Average | 41.1 |
