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Flexidynamic Holdings Bhd (0231) fair value: what the stock is really worth

As of Nov 6, 2026: fair value (intrinsic value) of Flexidynamic Holdings Bhd stock MYR 0.23, price MYR 0.13, upside +84.0%, quality 47 out of 100. Rating: strongly undervalued. Calculated from audited financials with 7 of our 26 valuation models and 37 quality factors, updated daily.

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Industrials MY · ISIN MYQ0231OO009

FH Flexidynamic Holdings Bhd logo Thin data Nov 4, 2026

Flexidynamic Holdings Bhd

0231 · KLSE
Cheap, value-trap risk

The stock costs 46% less than our calculation considers fair.

Fair value 0.2300 MYR · Strongly undervalued
Generates free cash flow
Quality 47/100
Moderate debt
Revenue last quarter 23% below a year ago.
Weak Growth (revenue 3y −8.2 %/yr in MYR)
Loss-making · -16.2% net margin (TTM)
Trails peers (4/11)
Narrow moat 10/100 · thin data
Thin data
⚠ Small free float
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What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

0.5131 MYR 0.1050 MYR Fair Value 0.2300 MYR Mar 2021 Nov 2026

White line = price, green steps = our fair value per fiscal year. As of Nov 4, 2026.

How to read this chart

60‑month range 0.1050 MYR – 0.5131 MYR · fair‑value band 0.1200 MYR – 0.4100 MYR · the 0.1250 MYR price screens below the 0.2300 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.

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Company profile

Flexidynamic Holdings Berhad, an investment holding company, engages in the design, engineering, installation, commissioning, and maintenance of glove chlorination systems in Malaysia, Thailand, Vietnam, Indonesia, Sri Lanka, and the United States.

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It operates through Engineering, Trading and Services, Glove Formers, and Other segments. The company also designs and installs storage tanks and process tanks for the glove manufacturing industry, as well as supplies and installs mechanical and electrical engineering works.

In addition, it offers fiberglass reinforced plastic (FRP) and stainless steel tanks for chlorine, acid, alkali, and raw materials; and ceramic hand molds, as well as provision of sterilisation services to pharmaceuticals, food processing, and packaging sectors.

Further, the company is involved in the trading of replacement parts; maintenance, refurbishment, and servicing of equipment; mechanical and electrical engineering for water treatment plant; and installation and maintenance of glove chlorination systems. Additionally, it manufactures glove formers.

Flexidynamic Holdings Berhad was founded in 2012 and is headquartered in Puchong, Malaysia.

Stock analysis

Flexidynamic Holdings Bhd (0231) currently trades at 0.1250 MYR, while our model-based Fair Value estimate is 0.2300 MYR, implying the stock looks roughly 46% undervalued today.

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Valuation

Bull case: the Growth DCF group reads highest at a median of 0.2650 MYR per share, and 5 of the 7 models we run sit above the 0.1250 MYR price.

Bear case: the Asset-Based group reads lowest at 0.0500 MYR, and 2 of the 7 models stay below the price. Data coverage for this calculation is low.

Scenario range: 0.1200 MYR (bear) to 0.4100 MYR (bull), the price of 0.1250 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 47/100 (below-average quality), in the Industrials sector.

Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.

Flexidynamic Holdings Bhd reported revenue of 68.4M MYR in FY2025 versus 106M MYR in FY2021, a compound −10.3%/yr. Reported net income was −11.5M MYR in FY2025.

Key figures

Market cap 37.5M MYR (≈ $9.2M) Micro · P/S ratio 0.55 · EPS (TTM) −0.0400 MYR · Net margin −16.2% · Return on equity −31.2% · Return on assets (EBIT) −0.4% (5-year average) · Operating margin −9.5% · Revenue (TTM) 65.4M MYR.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 10 out of 100 (low confidence).

What moves the price

The share trades about 19% below its 52-week high and 19% 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 84%, 0231 screens cheaper than that median.

Fair Value models

Bear 0.1200 MYR Fair Value 0.2300 MYR Bull 0.4100 MYR
Price 0.1250 MYR · Upside +84.0%
Capped: our models arrive at a very high value here. We deliberately show a more cautious Fair Value.
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. 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.
Best data coverage
FCF DCF 0.1600 MYR 0.3000 MYR 0.6500 MYR 72
Growth DCF 0.1500 MYR 0.3200 MYR 0.5800 MYR 72
Rev-Margin DCF 0.1000 MYR 0.2100 MYR 0.3500 MYR 68
All 7 models by family
DCF Models
FCF DCF 0.1600 MYR 0.3000 MYR 0.6500 MYR 72
5Y Revenue Exit 0.1000 MYR 0.2100 MYR 0.3600 MYR 67
10Y Revenue Exit 0.1200 MYR 0.2300 MYR 0.4100 MYR 62
Multiples
EV/Revenue 0.0600 MYR 0.1100 MYR 0.1500 MYR 52
Asset-Based
NCAV (Graham) 0.0400 MYR 0.0500 MYR 0.0800 MYR 53
Growth DCF
Growth DCF 0.1500 MYR 0.3200 MYR 0.5800 MYR 72
Rev-Margin DCF 0.1000 MYR 0.2100 MYR 0.3500 MYR 68

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Quality Score breakdown

Overall quality 47/100

It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.

Profitability 13
How much profit the company makes from its sales and capital
Quality Growth 40
Are margins and returns getting better?
Cashflow 54
Do the profits arrive as real cash?
Financial strength 35
Debt, balance sheet and risk of trouble
Investment 97
Does it invest with discipline instead of growing at any price?
Low Volatility 50
How calm the share price moves, does not count
Price momentum 29
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high 23
Distance to the 52-week high, does not count
New shares 73
Buys back shares or issues new ones?

Open the full quality analysis →

Revenue & earnings trend

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. 38/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+29.7%
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.
−8.2%
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.
+3.7%
Start year 2020 (pandemic)
Revenue growth 8 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.
+10.9%
Profit margin (trend) ⓘ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.
11.0% (2020) → −13.3% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed

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).
+3.0%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Malaysia: IMF forecast 2.0% a year to 2030, 1.8% from 2016 to 2025) that is about +1.0% a year for the price.

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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 · 810 stocks

Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score 47 · Below median
Fair Value upside +84.0% · Top 25%
Profitability
Return on assets −13.4% · Bottom 25%
Net margin (12 months) −16.2% · Bottom 25%
Operating margin (12 months) −9.5% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY) −22.5% · Bottom 25%
Balance sheet
Debt / equity 0.50× · Highest 25%

Valuation Multiplesvs Specialty Industrial Machinery median · lower = cheaper

P/B 1.24× · Cheapest 25%
P/S (12 months) 0.57× · Cheapest 25%
Price / free cash flow (fiscal year) 10.7× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 0
FUTURE (revenue growth)0 · sector 30
PAST (return on equity)0 · sector 28
HEALTH (low debt)75 · sector 96
DIVIDEND (yield)0 · sector 30

Context: sector, industry, market

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value Compare
Cummins Inc CMI $450.07 $359.36 −20% vs 0231
SIE SIE €271.00 €149.56 −45% vs 0231
AMETEK, Inc AME $228.67 $125.74 −45% vs 0231
Illinois Tool Works Inc ITW $280.95 $154.30 −45% vs 0231
Sandvik AB SAND kr 357.40 kr 194.33 −46% vs 0231
Parker-Hannifin Corporation PH $917.79 $492.92 −46% vs 0231
Rockwell Automation, Inc ROK $375.86 $186.75 −50% vs 0231
Emerson Electric Co EMR $162.35 $79.99 −51% vs 0231
Eaton Corporation ETN $341.72 $156.90 −54% vs 0231
GE Vernova Inc GEV $774.11 $143.50 −81% vs 0231

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Flexidynamic Holdings Bhd: fair value per Fair Value Calculator

Cite: Fair Value Calculator (2026). "Flexidynamic Holdings Bhd Fair Value". https://www.fairvalue-calculator.com/stock/0231

Frequently asked questions

Is Flexidynamic Holdings Bhd (0231) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 0.2300 MYR versus a price of 0.1250 MYR, about +84% upside (undervalued).
What is the fair value of 0231?
Our model-based fair value for Flexidynamic Holdings Bhd is 0.2300 MYR (as of Nov 4, 2026), built from audited fundamentals. The current price: 0.1250 MYR.
What is the quality score of 0231?
Flexidynamic Holdings Bhd has a Quality Score of 47/100. 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 Flexidynamic Holdings Bhd (0231)?
Our model-based price target is the fair value of 0.2300 MYR (as of Nov 4, 2026) from 7 valuation models. Cautious scenario 0.1200 MYR, optimistic scenario 0.4100 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Flexidynamic Holdings Bhd stock forecast for 2026?
Our models put fair value at 0.2300 MYR, about +84% upside versus a price of 0.1250 MYR (undervalued). Cautious scenario 0.1200 MYR, optimistic scenario 0.4100 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Flexidynamic Holdings Bhd (0231)?
Flexidynamic Holdings Bhd reported trailing-twelve-month revenue of about 65.4M MYR (latest available figure, as of Nov 4, 2026).
What growth is priced into Flexidynamic Holdings Bhd (0231)?
For today's price to be fair in a discounted-cash-flow model, Flexidynamic Holdings Bhd would have to grow free cash flow by +3.0 % per year for five years (discount rate 9.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +3.7 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of 0231 use?
Our models discount Flexidynamic Holdings Bhd at 9.7 %: a base by market capitalisation (nano), damped by beta 0.09, 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 Flexidynamic Holdings Bhd that is +3.0 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.7 %) and the same formula as our fair value.
How much growth has Flexidynamic Holdings Bhd (0231) delivered so far?
Over the past 5 years revenue at Flexidynamic Holdings Bhd grew +3.7 % a year. The price currently implies free-cash-flow growth of +3.0 % 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 Flexidynamic Holdings Bhd (0231) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Flexidynamic Holdings Bhd (+3.0 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Flexidynamic Holdings Bhd (0231)?
The free-cash-flow yield on the price is 9.32 %: that much free cash flow Flexidynamic Holdings Bhd produces per unit of market value. When it exceeds the discount rate of our models (9.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Flexidynamic Holdings Bhd (0231)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Flexidynamic Holdings Bhd it is 0.2300 MYR per share (as of Nov 4, 2026), against a price of 0.1250 MYR. It is the blended result of 7 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Flexidynamic Holdings Bhd stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 0231 trades below its calculated fair value: price 0.1250 MYR, fair value 0.2300 MYR, a gap of about +84% (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 0231?
No. The price is what the market pays today (0.1250 MYR); the fair value is what the company's own numbers justify (0.2300 MYR). For Flexidynamic Holdings Bhd the two are 0.1050 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Flexidynamic Holdings Bhd worth?
The market values Flexidynamic Holdings Bhd at about 37.5M MYR (market capitalisation, as of Nov 4, 2026). Per share that is 0.1250 MYR; our models calculate a fair value of 0.2300 MYR per share.
What do the bullish and bearish scenarios say about 0231?
Our models span a range for Flexidynamic Holdings Bhd: cautious scenario 0.1200 MYR, base 0.2300 MYR, optimistic 0.4100 MYR per share (as of Nov 4, 2026, price 0.1250 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Flexidynamic Holdings Bhd (0231)?
Balance-sheet figures for Flexidynamic Holdings Bhd (as of Nov 4, 2026): return on equity −31.2%, debt of 0.50 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is 0231 from its 52-week high?
Flexidynamic Holdings Bhd trades at 0.1250 MYR, about 19% below its 52-week high of 0.1550 MYR and 19% above the low of 0.1050 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 0.2300 MYR is for.
Which stocks are comparable to Flexidynamic 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 Flexidynamic Holdings Bhd stock attractive at the current price?
The data as of Nov 4, 2026: price 0.1250 MYR, calculated fair value 0.2300 MYR (+84%), Quality Score 47/100, from 7 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 0231 calculated?
We run Flexidynamic Holdings Bhd through 7 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of 0.2300 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. Flexidynamic Holdings Bhd currently trades 46% 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 Flexidynamic Holdings Bhd (0231)?
The closing price on Nov 6, 2026 was 0.1250 MYR. Our model-based fair value is 0.2300 MYR, about +84% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Flexidynamic Holdings Bhd right now?
The large discount to fair value meets weak quality (47/100). That raises the risk this is a value trap rather than a bargain. The model range is unusually wide (0.1200 MYR to 0.4100 MYR). The outcome hinges heavily on assumptions, so read the point estimate with caution. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Key figures of Flexidynamic Holdings Bhd

How large is the market capitalisation of Flexidynamic Holdings Bhd (0231)?
The market capitalisation of Flexidynamic Holdings Bhd is 37.5M MYR (≈ $9.2M). 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 Flexidynamic Holdings Bhd (0231)?
The price-to-sales ratio of Flexidynamic Holdings Bhd is 0.55 (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 Flexidynamic Holdings Bhd (0231)?
Earnings per share at Flexidynamic Holdings Bhd are −0.0400 MYR. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Flexidynamic Holdings Bhd (0231)?
The net margin of Flexidynamic Holdings Bhd is −16.2% (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 Flexidynamic Holdings Bhd (0231)?
The return on equity (ROE) of Flexidynamic Holdings Bhd is −31.2% (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 Flexidynamic Holdings Bhd (0231)?
On an EBIT basis the return on assets of Flexidynamic Holdings Bhd is −0.4% (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 Flexidynamic Holdings Bhd (0231)?
The operating margin of Flexidynamic Holdings Bhd is −9.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Flexidynamic Holdings Bhd (0231)?
Revenue at Flexidynamic Holdings Bhd is growing −22.5% versus a year earlier (3y avg −8.2%). 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 Flexidynamic Holdings Bhd (0231)?
Earnings per share at Flexidynamic Holdings Bhd are growing +86.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Flexidynamic Holdings Bhd (0231) carry?
The net debt of Flexidynamic Holdings Bhd is 12.6M MYR (fiscal year 2025, ≈ 3.6 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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