Ray Go Solar Holdings Bhd (XKLS:03052) EV-to-EBITDA: 15.34 (As of Aug. 06, 2026) — Near Median

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XKLS:03052 Ray Go Solar Holdings Bhd XKLS:03052
43 GF Score
Price RM0.17
GF Value RM0.24
! 7 Warning Signs
View Full Analysis

What is Ray Go Solar Holdings Bhd EV-to-EBITDA?

Ray Go Solar Holdings Bhd XKLS:03052 43 EV-to-EBITDA is 15.34 as of Aug. 06, 2026, which is 3% below its 10-year median of 15.78. GuruFocus rates XKLS:03052 with a GF Score™ of 43/100 and a GF Value™ of RM0.24. The stock has 7 warning signs investors should review.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ray Go Solar Holdings Bhd's enterprise value is RM39.16 Mil. Ray Go Solar Holdings Bhd's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was RM2.55 Mil. Therefore, Ray Go Solar Holdings Bhd's EV-to-EBITDA for today is 15.34.

The historical rank and industry rank for Ray Go Solar Holdings Bhd's EV-to-EBITDA or its related term are showing as below:

XKLS:03052' s EV-to-EBITDA Range Over the Past 10 Years
Min: -33.48   Med: 15.78   Max: 78.8
Current: 15.34

During the past 7 years, the highest EV-to-EBITDA of Ray Go Solar Holdings Bhd was 78.80. The lowest was -33.48. And the median was 15.78.

XKLS:03052's EV-to-EBITDA is not ranked
in the Semiconductors industry.
Industry Median: 24.86 vs XKLS:03052: 15.34

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-06), Ray Go Solar Holdings Bhd's stock price is RM0.17. Ray Go Solar Holdings Bhd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was RM0.005. Therefore, Ray Go Solar Holdings Bhd's PE Ratio (TTM) for today is 34.00.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Ray Go Solar Holdings Bhd  (XKLS:03052) EV-to-EBITDA Explanation

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Ray Go Solar Holdings Bhd's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=0.17/0.005
=34.00

Ray Go Solar Holdings Bhd's share price for today is RM0.17.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ray Go Solar Holdings Bhd's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Apr. 2026 was RM0.005.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Ray Go Solar Holdings Bhd EV-to-EBITDA Related Terms


Ray Go Solar Holdings Bhd EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ray Go Solar Holdings Bhd's EV-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Ray Go Solar Holdings Bhd EV-to-EBITDA Chart

Ray Go Solar Holdings Bhd Annual Data
Trend Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
EV-to-EBITDA
Get a 7-Day Free Trial 0.00 -26.46 78.80 15.78 9.88

Ray Go Solar Holdings Bhd Semi-Annual Data
Oct19 Oct20 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
EV-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.00 15.78 0.00 9.88 0.00

XKLS:03052 vs FSLR, NXT, ENPH: EV-to-EBITDA Comparison

For the Solar subindustry, Ray Go Solar Holdings Bhd's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ray Go Solar Holdings Bhd EV-to-EBITDA vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Ray Go Solar Holdings Bhd's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Ray Go Solar Holdings Bhd's EV-to-EBITDA falls into.


XKLS:03052
43GF Score
Ray Go Solar Holdings Bhd XKLS:03052
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ray Go Solar Holdings Bhd EV-to-EBITDA Calculation

Ray Go Solar Holdings Bhd's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=39.163/2.553
=15.34

Ray Go Solar Holdings Bhd's current Enterprise Value is RM39.16 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Ray Go Solar Holdings Bhd's EBITDA for the trailing twelve months (TTM) ended in Apr. 2026 was RM2.55 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 15.34 mean?
Ray Go Solar Holdings Bhd (XKLS:03052) has a EV-to-EBITDA of 15.34 as of Aug. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ray Go Solar Holdings Bhd. This is near median its historical median of 15.78.
Is Ray Go Solar Holdings Bhd's EV-to-EBITDA too high?
Ray Go Solar Holdings Bhd's current EV-to-EBITDA of 15.34 is near median its 10-year median of 15.78. The Semiconductors industry median EV-to-EBITDA is 24.86. Ray Go Solar Holdings Bhd's value of 15.34 is 38.3% below this industry median. Overall, Ray Go Solar Holdings Bhd has a GF Score™ of 43/100, reflecting its overall financial health beyond just this single metric.
How does Ray Go Solar Holdings Bhd's EV-to-EBITDA compare to FSLR and NXT?
Ray Go Solar Holdings Bhd's EV-to-EBITDA of 15.34 can be compared against companies in the Semiconductors industry. The industry median EV-to-EBITDA is 24.86. Ray Go Solar Holdings Bhd's value of 15.34 is 38.3% below this benchmark. While the company's 10-year median is 15.78 vs. the industry median of 24.86, Ray Go Solar Holdings Bhd has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for a Semiconductors company?
The median EV-to-EBITDA among Semiconductors companies is 24.86, based on 754 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ray Go Solar Holdings Bhd's current EV-to-EBITDA of 15.34 is 38.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ray Go Solar Holdings Bhd. For the Semiconductors industry, the median EV-to-EBITDA is 24.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ray Go Solar Holdings Bhd's current EV-to-EBITDA is 15.34, which is near median its own 10-year median of 15.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ray Go Solar Holdings Bhd stock overvalued right now?
Ray Go Solar Holdings Bhd (XKLS:03052) has a current EV-to-EBITDA of 15.34. The stock's GF Value™ is RM0.24, compared to a current price of RM0.17 — trading 29.2% below its estimated fair value. The current EV-to-EBITDA is 15.34, which is near median its 10-year median of 15.78 and 38.3% below the Semiconductors industry median of 24.86. Ray Go Solar Holdings Bhd's overall GF Score™ is 43/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Ray Go Solar Holdings Bhd (XKLS:03052), the current EV-to-EBITDA is 15.34 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Ray Go Solar Holdings Bhd (XKLS:03052) Overvalued in 2026?

Based on GuruFocus' analysis, Ray Go Solar Holdings Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 29.2% below its estimated GF Value™ of RM0.24.

Key valuation signals for XKLS:03052:

  • EV-to-EBITDA: 15.34 (near median its 10-year median of 15.78)
  • GF Value™: RM0.24 vs. price of RM0.17 (29.2% below fair value)
  • GF Score™: 43/100 with 7 warning signs
  • Industry Position: 38.3% below the Semiconductors median

No single metric tells the full story. See the XKLS:03052 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ray Go Solar Holdings Bhd Business Description

Address No. 44, Jalan Serendah 26/39, Hicom Industrial Estate, Shah Alam, SGR, MYS, 40400
Ray Go Solar Holdings Bhd is a solar engineering procurement construction (EPC) company providing integrated solar services throughout the entire process of installing a photovoltaic (PV) system. Its business segments include Sales of energy generated from solar projects; and Engineering, Procurement, Construction, and Commissions (EPCC) in solar projects; and operations and maintenance for solar projects. Maximum revenue for the company is derived from its EPCC segment. Geographically, it operates only in Malaysia.
43GF Score

Get the complete analysis for XKLS:03052

EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.17
Price
RM0.24
GF Value