99 Speed Mart’s premium valuation justified

TA Research forecast the group’s net profit to grow by 11.4% in FY24, 10.6% in FY25 and 11.5% in FY26.

PETALING JAYA: 99 Speed Mart Retail Holdings Bhd deserves a “premium” valuation, says TA Research, considering its consistent revenue growth, operational efficiency and strategic expansion.

In a non-rated note, TA Research assigned a fair value of RM1.71 per share for the Main Market-bound 99 Speed Mart.