White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
Elridge Energy Holdings Berhad (0318) currently trades at 0.9600 MYR, while our model-based Fair Value estimate is 0.4900 MYR, 49% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 0.9700 MYR per share, and 2 of the 23 models we run sit above the 0.9600 MYR price.
Bear case: the Asset-Based group reads lowest at 0.0900 MYR, and 21 of the 23 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.3300 MYR (bear) to 0.6100 MYR (bull), the price of 0.9600 MYR sits above 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 62/100 (solid quality), in the Utilities sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Elridge Energy Holdings Berhad reported revenue of 432M MYR in FY2025 versus 115M MYR in FY2021, a compound +39.2%/yr. Reported net income was 57.3M MYR in FY2025, compounding +139.5%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 1.9B MYR (≈ $473M) Small · P/E ratio 24.0 · P/S ratio 3.99 · EPS (TTM) 0.0400 MYR · Net margin 14.8% · Return on equity 30.2% · Return on assets (EBIT) 15.3% (5-year average) · Operating margin 24.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 79 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and 20% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −52% fair-value upside, at −49%, 0318 screens cheaper than that median.
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 2025 figures (about 10 months old). Earnings retained since then (0.0343 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.
Best data coverage
FCF DCF
0.1100 MYR
0.1300 MYR
0.1900 MYR
76
Growth DCF
0.1100 MYR
0.1300 MYR
0.1800 MYR
74
Owner Earnings
0.1900 MYR
0.3200 MYR
0.5600 MYR
68
All 23 models by family
DCF Models
FCF DCF
0.1100 MYR
0.1300 MYR
0.1900 MYR
76
Owner Earnings
0.1900 MYR
0.3200 MYR
0.5600 MYR
68
5Y Revenue Exit
0.3300 MYR
0.5900 MYR
1.14 MYR
63
5Y EBITDA Exit
0.2900 MYR
0.5200 MYR
0.9600 MYR
66
5Y P/E Exit
0.3300 MYR
0.7400 MYR
1.30 MYR
62
10Y Revenue Exit
0.2400 MYR
0.5800 MYR
0.8300 MYR
60
10Y EBITDA Exit
0.2300 MYR
0.5100 MYR
1.02 MYR
58
10Y P/E Exit
0.2500 MYR
0.5800 MYR
1.14 MYR
55
Earnings-Based
Graham-Dodd
0.1900 MYR
1.36 MYR
1.91 MYR
60
Lynch FV
0.5800 MYR
0.8200 MYR
1.07 MYR
58
PEG = 1.0
0.5800 MYR
0.8200 MYR
1.07 MYR
55
EPV
0.2900 MYR
0.3200 MYR
0.3400 MYR
68
Multiples
P/E Multiple
0.3900 MYR
0.5200 MYR
0.6400 MYR
63
P/S Multiple
0.3700 MYR
0.4900 MYR
0.6100 MYR
58
P/B Multiple
0.1600 MYR
0.2100 MYR
0.2600 MYR
55
EV/EBIT
0.4300 MYR
0.5800 MYR
0.7300 MYR
63
EV/EBITDA
0.3200 MYR
0.4300 MYR
0.5400 MYR
64
EV/Revenue
0.3500 MYR
0.5000 MYR
0.6600 MYR
51
Asset-Based
NCAV (Graham)
0.0600 MYR
0.0900 MYR
0.1100 MYR
52
Growth DCF
Growth DCF
0.1100 MYR
0.1300 MYR
0.1800 MYR
74
Economic Profit
Residual Income
0.1500 MYR
0.2100 MYR
0.3600 MYR
65
ROIC Compounder
0.3300 MYR
0.4100 MYR
0.5100 MYR
67
Growth Earnings
Growth-Adj P/E
0.6800 MYR
0.9700 MYR
1.26 MYR
65
Open the full fair value analysis →
Overall quality
62/100
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Profitability
75
How much profit the company makes from its sales and capital
Quality Growth
55
Are margins and returns getting better?
Cashflow
11
Do the profits arrive as real cash?
Financial strength
97
Debt, balance sheet and risk of trouble
Investment
31
Does it invest with discipline instead of growing at any price?
Low Volatility
53
How calm the share price moves, does not count
Price momentum
55
Price momentum of the last 3 to 12 months, does not count
Near the 52-week high
36
Distance to the 52-week high, does not count
New shares
82
Buys back shares or issues new ones?
Open the full quality analysis →
VALUE 0: the price sits above our fair-value range.
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
10 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate.
Pick a strategy and jump into the live analysis with that exact screen applied.
Is Elridge Energy Holdings Berhad (0318) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 0.4900 MYR versus a price of 0.9600 MYR, about 49% lower (overvalued).
What is the fair value of 0318?
Our model-based fair value for Elridge Energy Holdings Berhad is 0.4900 MYR (as of Nov 9, 2026), built from audited fundamentals. The current price: 0.9600 MYR.
What is the quality score of 0318?
Elridge Energy Holdings Berhad has a Quality Score of 62/100. 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 Elridge Energy Holdings Berhad (0318)?
Our model-based price target is the fair value of 0.4900 MYR (as of Nov 9, 2026) from 23 valuation models. Cautious scenario 0.3300 MYR, optimistic scenario 0.6100 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Elridge Energy Holdings Berhad stock forecast for 2026?
Our models put fair value at 0.4900 MYR, about 49% lower versus a price of 0.9600 MYR (overvalued). Cautious scenario 0.3300 MYR, optimistic scenario 0.6100 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Elridge Energy Holdings Berhad (0318)?
Elridge Energy Holdings Berhad reported trailing-twelve-month revenue of about 481M MYR (latest available figure, as of Nov 9, 2026).
What growth is priced into Elridge Energy Holdings Berhad (0318)?
For today's price to be fair in a discounted-cash-flow model, Elridge Energy Holdings Berhad would have to grow free cash flow by more than 80 % per year for five years (discount rate 12.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +39.2 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of 0318 use?
Our models discount Elridge Energy Holdings Berhad at 12.0 %: a base by market capitalisation (small), damped by beta 0.83, 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 Elridge Energy Holdings Berhad that is more than 80 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.0 %) and the same formula as our fair value.
How much growth has Elridge Energy Holdings Berhad (0318) delivered so far?
Over the past 4 years revenue at Elridge Energy Holdings Berhad grew +39.2 % a year. The price currently implies free-cash-flow growth of more than 80 % 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 Elridge Energy Holdings Berhad (0318) growing?
The median revenue growth in the sector is +4.8 % a year. That is the yardstick for the growth priced into Elridge Energy Holdings Berhad (more than 80 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Elridge Energy Holdings Berhad (0318)?
The free-cash-flow yield on the price is 0.14 %: that much free cash flow Elridge Energy Holdings Berhad produces per unit of market value. When it exceeds the discount rate of our models (12.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Elridge Energy Holdings Berhad (0318)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Elridge Energy Holdings Berhad it is 0.4900 MYR per share (as of Nov 9, 2026), against a price of 0.9600 MYR. It is the blended result of 23 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Elridge Energy Holdings Berhad stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 0318 trades above its calculated fair value: price 0.9600 MYR, fair value 0.4900 MYR, a gap of about −49% (overvalued). 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 0318?
No. The price is what the market pays today (0.9600 MYR); the fair value is what the company's own numbers justify (0.4900 MYR). For Elridge Energy Holdings Berhad the two are 0.4700 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Elridge Energy Holdings Berhad worth?
The market values Elridge Energy Holdings Berhad at about 1.9B MYR (market capitalisation, as of Nov 9, 2026). Per share that is 0.9600 MYR; our models calculate a fair value of 0.4900 MYR per share.
What do the bullish and bearish scenarios say about 0318?
Our models span a range for Elridge Energy Holdings Berhad: cautious scenario 0.3300 MYR, base 0.4900 MYR, optimistic 0.6100 MYR per share (as of Nov 9, 2026, price 0.9600 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0318?
Elridge Energy Holdings Berhad trades at a price-to-earnings ratio of 24.0 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.4900 MYR is built from several models across several years. Other multiples: P/B 8.3, P/S 4.0, EV/EBITDA 17.7.
How solid is the balance sheet of Elridge Energy Holdings Berhad (0318)?
Balance-sheet figures for Elridge Energy Holdings Berhad (as of Nov 9, 2026): return on equity 30.2%. They feed the Quality Score of 62/100, which measures business quality independently of the share price.
How far is 0318 from its 52-week high?
Elridge Energy Holdings Berhad trades at 0.9600 MYR, about 36% below its 52-week high of 1.49 MYR and 20% above the low of 0.8000 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 0.4900 MYR is for.
Which stocks are comparable to Elridge Energy Holdings Berhad?
From the same area (Utilities) we also value China Yangtze Power Co, Ørsted A/S, Huaneng Lancang River Hydropower Inc, VERBUND AG, 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 Elridge Energy Holdings Berhad stock attractive at the current price?
The data as of Nov 9, 2026: price 0.9600 MYR, calculated fair value 0.4900 MYR (−49%), Quality Score 62/100, from 23 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 0318 calculated?
We run Elridge Energy Holdings Berhad through 23 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 0.4900 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. Elridge Energy Holdings Berhad itself currently trades above fair value. 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 Elridge Energy Holdings Berhad (0318)?
The closing price on Nov 6, 2026 was 0.9600 MYR. Our model-based fair value is 0.4900 MYR, about 49% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Elridge Energy Holdings Berhad right now?
The price sits above even our optimistic bull case (0.6100 MYR). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (62/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (0.3300 MYR to 0.6100 MYR) leaves room in how you read the outcome.
Key figures of Elridge Energy Holdings Berhad
How large is the market capitalisation of Elridge Energy Holdings Berhad (0318)?
The market capitalisation of Elridge Energy Holdings Berhad is 1.9B MYR (≈ $473M). 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 Elridge Energy Holdings Berhad (0318)?
The price-to-sales ratio of Elridge Energy Holdings Berhad is 3.99 (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 Elridge Energy Holdings Berhad (0318)?
Earnings per share at Elridge Energy Holdings Berhad are 0.0400 MYR (price ÷ EPS = P/E 24.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Elridge Energy Holdings Berhad (0318)?
The net margin of Elridge Energy Holdings Berhad is 14.8% (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 Elridge Energy Holdings Berhad (0318)?
The return on equity (ROE) of Elridge Energy Holdings Berhad is 30.2% (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 Elridge Energy Holdings Berhad (0318)?
On an EBIT basis the return on assets of Elridge Energy Holdings Berhad is 15.3% (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 Elridge Energy Holdings Berhad (0318)?
The operating margin of Elridge Energy Holdings Berhad is 24.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Elridge Energy Holdings Berhad (0318)?
Revenue at Elridge Energy Holdings Berhad is growing +26.5% versus a year earlier (3y avg +44.1%). 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 Elridge Energy Holdings Berhad (0318)?
Earnings per share at Elridge Energy Holdings Berhad are growing +78.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Elridge Energy Holdings Berhad (0318) carry?
The net debt of Elridge Energy Holdings Berhad is 14.0M MYR (fiscal year 2021, ≈ 5.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.