Bumi Armada Bhd (5210) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Bumi Armada Bhd stock MYR 0.60, price MYR 0.33, upside +83.2%, quality 64 out of 100. Rating: strongly undervalued. Calculated from audited financials with 23 of our 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 5, 2026.
How to read this chart
60‑month range 0.2766 MYR – 0.6808 MYR · fair‑value band 0.4233 MYR – 0.6727 MYR · the 0.3300 MYR price screens below the 0.6047 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 5, 2026.
Follow Bumi Armada Bhd in your weekly email
Every Wednesday you see whether Bumi Armada 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.
Bumi Armada Berhad, an investment holding company, engages in providing floating production storage and offloading (FPSO) operations, and exploration, engineering, and maintenance services to offshore oil and gas companies.
Show moreShow less
The Operations segment is involved in the provision of FPSO vessels, floating gas solutions unit, subsea construction assets, and marine related services. Its Others segment provides engineering consultancy services; and project management services.
The company also owns ships and manages ships and vessels; engages in marine transportation; and offers marine support and other services to offshore oil and gas companies.
In addition, it provides loans, advances and other facilities, cash and debt management, investment and financial risk management, and other treasury management services; obtains non-ringgit financing, and financing and other facilities; and shipping on bare boat or time charter basis.
Further, the company engages in the chartering of ships, barges, and boats with crew. The company operates in Malaysia, rest of Asia, Africa, Europe, South America, and Oceania. Bumi Armada Berhad was incorporated in 1995 and is based in Kuala Lumpur, Malaysia.
Stock analysis
Bumi Armada Bhd (5210) currently trades at 0.3300 MYR, while our model-based Fair Value estimate is 0.6047 MYR, implying the stock looks roughly 45% undervalued today.
Show more
Valuation
Bull case: the Growth DCF group reads highest at a median of 2.25 MYR per share, and 19 of the 23 models we run sit above the 0.3300 MYR price.
Bear case: the Dividend Discount group reads lowest at 0.0850 MYR, and 4 of the 23 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.4233 MYR (bear) to 0.6727 MYR (bull), the price of 0.3300 MYR sits below 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 64/100 (solid quality), in the Energy sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Bumi Armada Bhd reported revenue of 1.6B MYR in FY2025 versus 2.2B MYR in FY2021, a compound −7.4%/yr. Reported net income was 439M MYR in FY2025, compounding −6.5%/yr from FY2021.
Key figures
Market cap 2.0B MYR (≈ $482M) Small · P/E ratio 6.6 · P/S ratio 1.45 · EPS (TTM) 0.0500 MYR · Dividend yield 3.0% · Net margin 21.3% · Return on equity 4.9% · Return on assets (EBIT) 7.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 61 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 19% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Energy peers we cover trades at −32% fair-value upside, at 83%, 5210 screens cheaper than that median.
Fair Value models
Bear0.4233 MYRFair Value 0.6047 MYRBull0.6727 MYR
Price 0.3300 MYR · Upside +83.2%
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 DCF1.71 MYR2.22 MYR3.12 MYR81
Growth DCF1.76 MYR2.25 MYR3.04 MYR80
Owner Earnings1.60 MYR2.07 MYR2.92 MYR77
All 23 models by family
DCF Models
FCF DCF1.71 MYR2.22 MYR3.12 MYR81
Owner Earnings1.60 MYR2.07 MYR2.92 MYR77
5Y Revenue Exit0.8100 MYR0.9400 MYR1.14 MYR74
5Y EBITDA Exit0.9800 MYR1.23 MYR1.57 MYR77
5Y P/E Exit1.07 MYR1.39 MYR1.78 MYR72
10Y Revenue Exit1.19 MYR1.34 MYR1.47 MYR68
10Y EBITDA Exit1.29 MYR1.50 MYR1.71 MYR70
10Y P/E Exit1.34 MYR1.60 MYR1.83 MYR65
Earnings-Based
Graham-Dodd0.5000 MYR0.7100 MYR0.8300 MYR67
EPV0.5300 MYR0.6200 MYR0.6900 MYR74
Dividend Discount
Gordon GGM0.0800 MYR0.0800 MYR0.0900 MYR69
DDM Multi-Stage0.0800 MYR0.0900 MYR0.1200 MYR67
Multiples
P/E Multiple0.7800 MYR1.04 MYR1.30 MYR63
P/S Multiple0.2400 MYR0.3200 MYR0.4000 MYR58
P/B Multiple0.4800 MYR0.6300 MYR0.7900 MYR55
EV/EBIT0.4700 MYR0.6900 MYR0.9000 MYR65
EV/EBITDA0.4000 MYR0.6000 MYR0.7900 MYR66
EV/Revenue0.0400 MYR0.1400 MYR0.2300 MYR49
Asset-Based
NCAV (Graham)0.5000 MYR0.6700 MYR1.00 MYR54
Growth DCF
Growth DCF1.76 MYR2.25 MYR3.04 MYR80
Economic Profit
Residual Income0.7800 MYR0.8200 MYR0.8900 MYR76
ROIC Compounder0.5300 MYR0.6200 MYR0.6900 MYR72
Growth Earnings
Growth-Adj P/E0.5600 MYR0.8000 MYR1.04 MYR67
The fair value above starts from this blend and is adjusted for a cyclical peak year.
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.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−30.9%
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.
−12.9%
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.
−7.4%
Start year 2020 (pandemic). Over 10 years: −3.1% a year
Revenue growth 17 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.
+6.8%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
+31.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+28.3%
Dividend (yield on the price)3.0%
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.28.3% vs 5.5%, picking up
Profit margin 2020 to 2025 ⓘ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.41% → 33%
Pace: the 5-year rate starts in 2020 (pandemic)
⚠ Revenue per share shrinking 2.0%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
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.Oil & Gas Equipment & Services · 166 stocks
Beats the industry median on 10/15 measures
Overall it ranks above its industry peers.
Valuation
Quality Score64 · Top 25%
Fair Value upside+83.2% · Top 25%
Profitability
Return on equity (12 months)4.9% · Below median
Return on assets5.0% · Above median
Net margin (12 months)21.3% · Top 25%
Operating margin (12 months)25.7% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−17.7% · Bottom 25%
Dividend yield (12 months)3.0% · Above median
Balance sheet
Debt / equity0.32× · Above median
Valuation Multiplesvs Oil & Gas Equipment & Services median · lower = cheaper
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). "Bumi Armada Bhd Fair Value". https://www.fairvalue-calculator.com/stock/5210
Frequently asked questions
Is Bumi Armada Bhd (5210) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 0.6047 MYR versus a price of 0.3300 MYR, about +83% upside (undervalued).
What is the fair value of 5210?
Our model-based fair value for Bumi Armada Bhd is 0.6047 MYR (as of Nov 5, 2026), built from audited fundamentals. The current price: 0.3300 MYR.
What is the quality score of 5210?
Bumi Armada Bhd has a Quality Score of 64/100. 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 Bumi Armada Bhd (5210)?
Our model-based price target is the fair value of 0.6047 MYR (as of Nov 5, 2026) from 23 valuation models. Cautious scenario 0.4233 MYR, optimistic scenario 0.6727 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Bumi Armada Bhd stock forecast for 2026?
Our models put fair value at 0.6047 MYR, about +83% upside versus a price of 0.3300 MYR (undervalued). Cautious scenario 0.4233 MYR, optimistic scenario 0.6727 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Bumi Armada Bhd (5210)?
Bumi Armada Bhd reported trailing-twelve-month revenue of about 1.3B MYR (latest available figure, as of Nov 5, 2026).
Does Bumi Armada Bhd pay a dividend?
Bumi Armada Bhd currently shows a dividend yield of 3.03% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of Bumi Armada Bhd (5210) and when is the ex-dividend date?
Bumi Armada Bhd pays a dividend of 0.01 MYR per share a year, a dividend yield of 3.0%. The last ex-dividend date was Mar 18, 2026. The payout ratio is 20.0% of earnings. Free cash flow covers the dividend 18.32 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What is the intrinsic value of Bumi Armada Bhd (5210)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Bumi Armada Bhd it is 0.6047 MYR per share (as of Nov 5, 2026), against a price of 0.3300 MYR. It is the blended result of 23 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Bumi Armada Bhd stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 5210 trades below its calculated fair value: price 0.3300 MYR, fair value 0.6047 MYR, a gap of about +83% (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 5210?
No. The price is what the market pays today (0.3300 MYR); the fair value is what the company's own numbers justify (0.6047 MYR). For Bumi Armada Bhd the two are 0.2747 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Bumi Armada Bhd worth?
The market values Bumi Armada Bhd at about 2.0B MYR (market capitalisation, as of Nov 5, 2026). Per share that is 0.3300 MYR; our models calculate a fair value of 0.6047 MYR per share.
What do the bullish and bearish scenarios say about 5210?
Our models span a range for Bumi Armada Bhd: cautious scenario 0.4233 MYR, base 0.6047 MYR, optimistic 0.6727 MYR per share (as of Nov 5, 2026, price 0.3300 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 5210?
Bumi Armada Bhd trades at a price-to-earnings ratio of 6.6 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.6047 MYR is built from several models across several years. Other multiples: PEG 1.7, P/B 0.3, P/S 1.5, EV/EBITDA 4.1.
What is the PEG ratio of 5210?
The PEG ratio of Bumi Armada Bhd is 1.68 (P/E divided by earnings growth, as of Nov 5, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Bumi Armada Bhd (5210)?
Balance-sheet figures for Bumi Armada Bhd (as of Nov 5, 2026): return on equity 4.9%, debt of 0.32 per unit of equity. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is 5210 from its 52-week high?
Bumi Armada Bhd trades at 0.3300 MYR, about 20% below its 52-week high of 0.4150 MYR and 19% above the low of 0.2766 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 0.6047 MYR is for.
Which stocks are comparable to Bumi Armada Bhd?
From the same area (Energy) we also value SLB N.V, Baker Hughes Company, Tenaris S.A, Halliburton Company, 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 Bumi Armada Bhd stock attractive at the current price?
The data as of Nov 5, 2026: price 0.3300 MYR, calculated fair value 0.6047 MYR (+83%), Quality Score 64/100, 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 5210 calculated?
We run Bumi Armada Bhd through 23 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 0.6047 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. Bumi Armada Bhd currently trades 45% 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 Bumi Armada Bhd (5210)?
The closing price on Nov 6, 2026 was 0.3300 MYR. Our model-based fair value is 0.6047 MYR, about +83% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Bumi Armada Bhd right now?
The price is below even our cautious bear case (0.4233 MYR). The market is more pessimistic than our downside scenario. 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 quality (64/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Bumi Armada Bhd
How large is the market capitalisation of Bumi Armada Bhd (5210)?
The market capitalisation of Bumi Armada Bhd is 2.0B MYR (≈ $482M). 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 Bumi Armada Bhd (5210)?
The price-to-sales ratio of Bumi Armada Bhd is 1.45 (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 Bumi Armada Bhd (5210)?
Earnings per share at Bumi Armada Bhd are 0.0500 MYR (price ÷ EPS = P/E 6.6). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Bumi Armada Bhd (5210)?
The dividend yield of Bumi Armada Bhd is 3.0% (payout 20.0%). 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 Bumi Armada Bhd (5210)?
The net margin of Bumi Armada Bhd is 21.3% (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 Bumi Armada Bhd (5210)?
The return on equity (ROE) of Bumi Armada Bhd is 4.9% (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 Bumi Armada Bhd (5210)?
On an EBIT basis the return on assets of Bumi Armada Bhd is 7.4% (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 Bumi Armada Bhd (5210)?
The operating margin of Bumi Armada Bhd is 25.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Bumi Armada Bhd (5210)?
Revenue at Bumi Armada Bhd is growing −17.7% versus a year earlier (3y avg −12.9%). 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 Bumi Armada Bhd (5210)?
Earnings per share at Bumi Armada Bhd are growing −11.3% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Bumi Armada Bhd (5210) generate?
The free cash flow of Bumi Armada Bhd is 1.1B MYR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Bumi Armada Bhd (5210) carry?
The net debt of Bumi Armada Bhd is 1.1B MYR (fiscal year 2025, ≈ 1.0 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Bumi Armada Bhd in the live analysis
One click puts Bumi Armada 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 5, 2026