PETALING JAYA: TA Research has derived a fair value of 59 sen a share for Autocount Dotcom Bhd
, which is en route to a listing on Bursa Malaysia’s ACE Market.
In a report, TA Research said it arrived at this valuation after assigning a target price-to-earnings (PE) multiple of 18 times against Autocount’s 2024 forecast earnings per share.
