$CLITE (0348.MY)$Malacca Securities has assigned a fair value of RM 0.40 per share to Chemlite Innovation Berhad (KLSE: CLITE), representing a 60% upside from its IPO price of RM 0.25. This valuation is based on a projected FY2027 earnings per share (EPS) of 2.48 sen and a price-to-earnings (P/E) ratio of 16 times. The higher P/E multiple reflects Chemlite's strong growth prospects, superior return on equity (ROE), and net profit margins compared to industry peers.
CLITE Stock Forum
potential stock 100-200% return
see you to the moon soon 0.5 ✈️✈️✈️
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