Boilermech Holdings Bhd (0168) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Boilermech Holdings Bhd stock MYR 1.64, price MYR 1.42, upside +15.5%, quality 50 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 6, 2026.
How to read this chart
60‑month range 0.6042 MYR – 2.05 MYR · fair‑value band 1.15 MYR – 2.13 MYR · the 1.42 MYR price screens below the 1.64 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 6, 2026.
Follow Boilermech Holdings Bhd in your weekly email
Every Wednesday you see whether Boilermech Holdings Bhd is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
BM GreenTech Berhad, an investment holding company, designs, manufactures, sells, installs, repairs, and services biomass boilers. The company operates in three segments: Bio-Energy, Water Treatment, and Solar Energy.
Show moreShow less
It manufactures, installs, and provides technical support for bio-energy systems, including the generation of energy from bio-based materials; and trades in related parts and accessories.
The company also provides bi-drum water tube boiler products, including fixed, reciprocating, and vibrating grates; industrial packaged boilers comprising fire tube, reverse flame, and three-pass wet back steam boilers; megasonic oil recovery enhancers; emission control systems, such as wet scrubbers, dust collector systems, bag filters, and electrostatic precipitators; and after sales services, including repair and refurbishment, improving fuel efficiency, fuel handling, combustion system, and other services for water tube boilers and auxiliary systems.
In addition, it offers water management solutions for raw/portable water, pure water, industrial effluent, palm oil mill effluent, boiler/cooling water, and test equipment applications; and operates as a general trader and contractor of water treatment chemicals and equipment, as well as related accessories.
Further, the company provides management, technical consultancy, project management, laboratory testing, and engineering work services, as well as engages in the installation of solar photovoltaic systems; undertakes utilities scale projects, including solar farms, commercial and industrial, residential; and technical support services and trades in related parts and accessories.
It operates in Malaysia, Indonesia, Africa, Cambodia, Papua New Guinea, the Philippines, Thailand, Vietnam, Ecuador, Sri Lanka, and internationally. The company was formerly known as Boilermech Holdings Berhad and changed its name to BM GreenTech Berhad in August 2023.
The company was founded in 2005 and is headquartered in Subang Jaya, Malaysia. BM GreenTech Berhad is a subsidiary of Q
Stock analysis
Boilermech Holdings Bhd (0168) currently trades at 1.42 MYR, while our model-based Fair Value estimate is 1.64 MYR, implying the stock looks roughly 13% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 1.82 MYR per share, and 16 of the 26 models we run sit above the 1.42 MYR price.
Bear case: the Dividend Discount group reads lowest at 0.3300 MYR, and 10 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1.15 MYR (bear) to 2.13 MYR (bull), the price of 1.42 MYR sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 50/100 (solid quality), in the Industrials sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Boilermech Holdings Bhd reported revenue of 601M MYR in FY2026 versus 318M MYR in FY2022, a compound +17.3%/yr. Reported net income was 52.3M MYR in FY2026, compounding +32.5%/yr from FY2022.
Key figures
Market cap 977M MYR (≈ $241M) Micro · P/E ratio 20.3 · P/S ratio 1.53 · EPS (TTM) 0.0700 MYR · Dividend yield 2.1% · Net margin 7.9% · Return on equity 8.9% · Return on assets (EBIT) 8.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 45 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and 28% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −46% fair-value upside, at 15%, 0168 screens cheaper than that median.
Fair Value models
Bear1.15 MYRFair Value 1.64 MYRBull2.13 MYR
Price 1.42 MYR · Upside +15.5%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 7 months old). Earnings retained since then (0.0244 MYR per share) are deliberately not added.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+7.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.7%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+20.4%
Start year 2021 (pandemic). Over 10 years: +8.7% a year
Revenue growth 10 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.7%
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in MYR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+13.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+11.8%
Dividend (yield on the price)2.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.11.8% vs 5.5%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.14% → 12%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+18.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
Calculated on free cash flow for fiscal year 2026. Over the last twelve months it was negative, so the figure above is uncertain.
After inflation (Malaysia: IMF forecast 2.0% a year to 2030, 1.8% from 2016 to 2025) that is about +16.2% a year for the price.
Compare Boilermech Holdings Bhd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Specialty Industrial Machinery · 813 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score50 · Below median
Fair Value upside+15.5% · Top 25%
Profitability
Return on equity (12 months)8.9% · Above median
Return on assets5.9% · Above median
Net margin (12 months)7.9% · Above median
Operating margin (12 months)8.9% · Above median
Growth and dividend
Revenue growth (quarter YoY)28.4% · Top 25%
Dividend yield (12 months)2.1% · Above median
Balance sheet
Debt / equity0.00× · Lowest 25%
Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper
P/E (12 months)20.3× · Cheaper than median
P/B1.65× · Cheaper than median
P/S (12 months)1.53× · Cheaper than median
Price / free cash flow (fiscal year)23.5× · Pricier than median
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Boilermech Holdings Bhd Fair Value". https://www.fairvalue-calculator.com/stock/0168
Frequently asked questions
Is Boilermech Holdings Bhd (0168) overvalued or undervalued?
As of Nov 6, 2026, our model estimates a fair value of 1.64 MYR versus a price of 1.42 MYR, about +15% upside (undervalued).
What is the fair value of 0168?
Our model-based fair value for Boilermech Holdings Bhd is 1.64 MYR (as of Nov 6, 2026), built from audited fundamentals. The current price: 1.42 MYR.
What is the quality score of 0168?
Boilermech Holdings Bhd has a Quality Score of 50/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Boilermech Holdings Bhd (0168)?
Our model-based price target is the fair value of 1.64 MYR (as of Nov 6, 2026) from 26 valuation models. Cautious scenario 1.15 MYR, optimistic scenario 2.13 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Boilermech Holdings Bhd stock forecast for 2026?
Our models put fair value at 1.64 MYR, about +15% upside versus a price of 1.42 MYR (undervalued). Cautious scenario 1.15 MYR, optimistic scenario 2.13 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Boilermech Holdings Bhd (0168)?
Boilermech Holdings Bhd reported trailing-twelve-month revenue of about 637M MYR (latest available figure, as of Nov 6, 2026).
Does Boilermech Holdings Bhd pay a dividend?
Boilermech Holdings Bhd currently shows a dividend yield of 2.11% relative to its recent price (as of Nov 6, 2026).
How much is the dividend of Boilermech Holdings Bhd (0168) and when is the ex-dividend date?
Boilermech Holdings Bhd pays a dividend of 0.03 MYR per share a year, a dividend yield of 2.1%. The last ex-dividend date was Sep 11, 2026. A dividend has been paid every year since at least 2011. The payout ratio is 42.9% of earnings. Free cash flow covers the dividend 2.01 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Boilermech Holdings Bhd (0168)?
For today's price to be fair in a discounted-cash-flow model, Boilermech Holdings Bhd would have to grow free cash flow by +18.5 % per year for five years (discount rate 12.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +20.4 % per year. Calculated on free cash flow for fiscal year 2026. Over the last twelve months it was negative, so the figure above is uncertain. As of Nov 6, 2026.
What discount rate (WACC) does the fair value of 0168 use?
Our models discount Boilermech Holdings Bhd at 12.6 %: a base by market capitalisation (micro), damped by beta 0.54, country premium for Malaysia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Boilermech Holdings Bhd that is +18.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.6 %) and the same formula as our fair value.
How much growth has Boilermech Holdings Bhd (0168) delivered so far?
Over the past 5 years revenue at Boilermech Holdings Bhd grew +20.4 % a year. The price currently implies free-cash-flow growth of +18.5 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Boilermech Holdings Bhd (0168) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Boilermech Holdings Bhd (+18.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Boilermech Holdings Bhd (0168)?
The free-cash-flow yield on the price is 4.25 % in the last fiscal year (free cash flow was negative over the last twelve months): that much free cash flow Boilermech Holdings Bhd produces per unit of market value. When it exceeds the discount rate of our models (12.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Boilermech Holdings Bhd (0168)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Boilermech Holdings Bhd it is 1.64 MYR per share (as of Nov 6, 2026), against a price of 1.42 MYR. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Boilermech Holdings Bhd stock overvalued or undervalued in 2026?
As of Nov 6, 2026, 0168 trades below its calculated fair value: price 1.42 MYR, fair value 1.64 MYR, a gap of about +15% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0168?
No. The price is what the market pays today (1.42 MYR); the fair value is what the company's own numbers justify (1.64 MYR). For Boilermech Holdings Bhd the two are 0.2200 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Boilermech Holdings Bhd worth?
The market values Boilermech Holdings Bhd at about 977M MYR (market capitalisation, as of Nov 6, 2026). Per share that is 1.42 MYR; our models calculate a fair value of 1.64 MYR per share.
What do the bullish and bearish scenarios say about 0168?
Our models span a range for Boilermech Holdings Bhd: cautious scenario 1.15 MYR, base 1.64 MYR, optimistic 2.13 MYR per share (as of Nov 6, 2026, price 1.42 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0168?
Boilermech Holdings Bhd trades at a price-to-earnings ratio of 20.3 (as of Nov 6, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.64 MYR is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2017 to 2026), reported earnings, FY2026 ex one-offs: 17.9. Other multiples: P/B 1.7, P/S 1.5, EV/EBITDA 9.4.
How solid is the balance sheet of Boilermech Holdings Bhd (0168)?
Balance-sheet figures for Boilermech Holdings Bhd (as of Nov 6, 2026): return on equity 8.9%, debt of 0.00 per unit of equity. They feed the Quality Score of 50/100, which measures business quality independently of the share price.
How far is 0168 from its 52-week high?
Boilermech Holdings Bhd trades at 1.42 MYR, about 27% below its 52-week high of 1.95 MYR and 28% above the low of 1.11 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 1.64 MYR is for.
Which stocks are comparable to Boilermech Holdings Bhd?
From the same area (Industrials) we also value SIE, GE Vernova Inc, Eaton Corporation, Parker-Hannifin Corporation, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Boilermech Holdings Bhd stock attractive at the current price?
The data as of Nov 6, 2026: price 1.42 MYR, calculated fair value 1.64 MYR (+15%), Quality Score 50/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0168 calculated?
We run Boilermech Holdings Bhd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 1.64 MYR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Boilermech Holdings Bhd currently trades 13% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Boilermech Holdings Bhd (0168)?
The closing price on Nov 6, 2026 was 1.42 MYR. Our model-based fair value is 1.64 MYR, about +15% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Boilermech Holdings Bhd right now?
A fairly wide model range (1.15 MYR to 2.13 MYR) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Boilermech Holdings Bhd
How large is the market capitalisation of Boilermech Holdings Bhd (0168)?
The market capitalisation of Boilermech Holdings Bhd is 977M MYR (≈ $241M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Boilermech Holdings Bhd (0168)?
The price-to-sales ratio of Boilermech Holdings Bhd is 1.53 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Boilermech Holdings Bhd (0168)?
Earnings per share at Boilermech Holdings Bhd are 0.0700 MYR (price ÷ EPS = P/E 20.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Boilermech Holdings Bhd (0168)?
The dividend yield of Boilermech Holdings Bhd is 2.1% (payout 42.9%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Boilermech Holdings Bhd (0168)?
The net margin of Boilermech Holdings Bhd is 7.9% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Boilermech Holdings Bhd (0168)?
The return on equity (ROE) of Boilermech Holdings Bhd is 8.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Boilermech Holdings Bhd (0168)?
On an EBIT basis the return on assets of Boilermech Holdings Bhd is 8.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Boilermech Holdings Bhd (0168)?
The operating margin of Boilermech Holdings Bhd is 8.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Boilermech Holdings Bhd (0168)?
Revenue at Boilermech Holdings Bhd is growing +28.4% versus a year earlier (3y avg +16.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Boilermech Holdings Bhd (0168)?
Earnings per share at Boilermech Holdings Bhd are growing −14.4% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch Boilermech Holdings Bhd in the live analysis
One click puts Boilermech Holdings Bhd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 6, 2026