Malton Bhd (6181) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Malton Bhd stock MYR 0.51, price MYR 0.21, upside +144.3%, quality 53 out of 100. Rating: strongly undervalued. Calculated from audited financials with 14 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 3, 2026.
How to read this chart
60‑month range 0.2000 MYR – 0.5300 MYR · fair‑value band 0.2890 MYR – 0.7500 MYR · the 0.2100 MYR price screens below the 0.5130 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
Follow Malton Bhd in your weekly email
Every Wednesday you see whether Malton 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.
Malton Berhad, an investment holding company, engages in the investment, development, construction, and sale of properties in Malaysia. The company operates through Property Development, Construction Contracts, Property Trading, and Others segments.
Show moreShow less
Its property developments include luxury homes, integrated developments, offices, and commercial properties in the areas of Greater Klang valley and Johor. It also provides construction and project management; consulting and property trading; and treasury and fund management services.
In addition, the company involved in the provision of management and accounting services; and construction works for and sales of developed residential and commercial properties. Malton Berhad was founded in 1980 and is headquartered in Kuala Lumpur, Malaysia.
Stock analysis
Malton Bhd (6181) currently trades at 0.2100 MYR, while our model-based Fair Value estimate is 0.5130 MYR, implying the stock looks roughly 59% undervalued today.
Show more
Valuation
Bull case: the Economic Profit group reads highest at a median of 1.23 MYR per share, and 13 of the 14 models we run sit above the 0.2100 MYR price.
Bear case: the Growth DCF group reads lowest at 0.9400 MYR, and 1 of the 14 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.2890 MYR (bear) to 0.7500 MYR (bull), the price of 0.2100 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 53/100 (solid quality), in the Real Estate sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Malton Bhd reported revenue of 520M MYR in FY2026 versus 645M MYR in FY2022, a compound −5.2%/yr. Reported net income was 27.8M MYR in FY2026, compounding −22.3%/yr from FY2022.
Key figures
Market cap 120M MYR (≈ $29.7M) Micro · P/E ratio 4.2 · P/S ratio 0.23 · EPS (TTM) 0.0500 MYR · Net margin 5.3% · Return on equity 2.5% · Return on assets (EBIT) 3.5% (5-year average) · Operating margin 18.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 39 out of 100 (low confidence).
What moves the price
The share trades about 46% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 33% fair-value upside, at 144%, 6181 screens cheaper than that median.
Fair Value models
Bear0.2890 MYRFair Value 0.5130 MYRBull0.7500 MYR
Price 0.2100 MYR · Upside +144.3%
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 4 months old). Earnings retained since then (0.0181 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.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−4.1%
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.
−14.5%
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.
−12.2%
Start year 2021 (pandemic). Over 10 years: −1.9% a year
Revenue growth 14 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.
+3.1%
’15
’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.
≈ +7.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +7.2%
Dividend (yield on the price)0.0%
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.base effect: 7.2% / −8.2%
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.6% → 14%
⚠ Revenue per share shrinking 4.3%/yr over ~9Y (margins eroding too) ⓘ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.
⚠ Base effect: the rate starts in the earnings trough around 2021 (starting value 0.034 per share, median 0.075 in 2016 to 2019). It measures the recovery from the trough, not lasting growth.
Growth Forecast
A lot of optimism in the price
The price assumes more growth than 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).
+12.3%
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 +10.1% a year for the price.
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.Real Estate - Development · 488 stocks
Beats the industry median on 9/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score53 · Above median
Fair Value upside+144.3% · Top 25%
Profitability
Return on equity (12 months)2.5% · Below median
Return on assets1.3% · Below median
Net margin (12 months)5.3% · Below median
Operating margin (12 months)18.0% · Above median
Growth and dividend
Revenue growth (quarter YoY)−21.7% · Below median
Balance sheet
Debt / equity0.17× · Below median
Valuation Multiplesvs Real Estate - Development median · lower = cheaper
P/E (12 months)4.2× · Cheapest 25%
P/B0.12× · Cheapest 25%
P/S (12 months)0.23× · Cheapest 25%
Price / free cash flow (fiscal year)6.0× · Cheaper 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). "Malton Bhd Fair Value". https://www.fairvalue-calculator.com/stock/6181
Frequently asked questions
Is Malton Bhd (6181) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 0.5130 MYR versus a price of 0.2100 MYR, about +144% upside (undervalued).
What is the fair value of 6181?
Our model-based fair value for Malton Bhd is 0.5130 MYR (as of Nov 3, 2026), built from audited fundamentals. The current price: 0.2100 MYR.
What is the quality score of 6181?
Malton Bhd has a Quality Score of 53/100. 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 Malton Bhd (6181)?
Our model-based price target is the fair value of 0.5130 MYR (as of Nov 3, 2026) from 14 valuation models. Cautious scenario 0.2890 MYR, optimistic scenario 0.7500 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Malton Bhd stock forecast for 2026?
Our models put fair value at 0.5130 MYR, about +144% upside versus a price of 0.2100 MYR (undervalued). Cautious scenario 0.2890 MYR, optimistic scenario 0.7500 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Malton Bhd (6181)?
Malton Bhd reported trailing-twelve-month revenue of about 520M MYR (latest available figure, as of Nov 3, 2026).
What growth is priced into Malton Bhd (6181)?
For today's price to be fair in a discounted-cash-flow model, Malton Bhd would have to grow free cash flow by +12.3 % 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 -12.2 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of 6181 use?
Our models discount Malton Bhd at 9.7 %: a base by market capitalisation (nano), damped by beta 0.25, 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 Malton Bhd that is +12.3 % 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 Malton Bhd (6181) delivered so far?
Over the past 5 years revenue at Malton Bhd grew -12.2 % a year. The price currently implies free-cash-flow growth of +12.3 % 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 Malton Bhd (6181) growing?
The median revenue growth in the sector is +2.7 % a year. That is the yardstick for the growth priced into Malton Bhd (+12.3 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Malton Bhd (6181)?
The free-cash-flow yield on the price is 16.75 %: that much free cash flow Malton 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 Malton Bhd (6181)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Malton Bhd it is 0.5130 MYR per share (as of Nov 3, 2026), against a price of 0.2100 MYR. It is the blended result of 14 valuation models in 5 families (DCF Models, Multiples, Asset-Based, Growth DCF, Economic Profit).
Is Malton Bhd stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 6181 trades below its calculated fair value: price 0.2100 MYR, fair value 0.5130 MYR, a gap of about +144% (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 6181?
No. The price is what the market pays today (0.2100 MYR); the fair value is what the company's own numbers justify (0.5130 MYR). For Malton Bhd the two are 0.3030 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Malton Bhd worth?
The market values Malton Bhd at about 120M MYR (market capitalisation, as of Nov 3, 2026). Per share that is 0.2100 MYR; our models calculate a fair value of 0.5130 MYR per share.
What do the bullish and bearish scenarios say about 6181?
Our models span a range for Malton Bhd: cautious scenario 0.2890 MYR, base 0.5130 MYR, optimistic 0.7500 MYR per share (as of Nov 3, 2026, price 0.2100 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6181?
Malton Bhd trades at a price-to-earnings ratio of 4.2 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.5130 MYR is built from several models across several years. Other multiples: P/B 0.1, P/S 0.2, EV/EBITDA 2.5.
How solid is the balance sheet of Malton Bhd (6181)?
Balance-sheet figures for Malton Bhd (as of Nov 3, 2026): return on equity 2.5%, debt of 0.17 per unit of equity. They feed the Quality Score of 53/100, which measures business quality independently of the share price.
How far is 6181 from its 52-week high?
Malton Bhd trades at 0.2100 MYR, about 46% below its 52-week high of 0.3900 MYR and 5% above the low of 0.2000 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 0.5130 MYR is for.
Which stocks are comparable to Malton Bhd?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, China Resources Land Limited, CK Asset Holdings, DLF Limited, 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 Malton Bhd stock attractive at the current price?
The data as of Nov 3, 2026: price 0.2100 MYR, calculated fair value 0.5130 MYR (+144%), Quality Score 53/100, from 14 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 6181 calculated?
We run Malton Bhd through 14 models from 5 families: DCF Models, Multiples, Asset-Based, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of 0.5130 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. Malton Bhd currently trades 59% 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 Malton Bhd (6181)?
The closing price on Nov 6, 2026 was 0.2100 MYR. Our model-based fair value is 0.5130 MYR, about +144% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Malton Bhd right now?
The price is below even our cautious bear case (0.2890 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 (53/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (0.2890 MYR to 0.7500 MYR) leaves room in how you read the outcome.
Key figures of Malton Bhd
How large is the market capitalisation of Malton Bhd (6181)?
The market capitalisation of Malton Bhd is 120M MYR (≈ $29.7M). 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 Malton Bhd (6181)?
The price-to-sales ratio of Malton Bhd is 0.23 (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 Malton Bhd (6181)?
Earnings per share at Malton Bhd are 0.0500 MYR (price ÷ EPS = P/E 4.2). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Malton Bhd (6181)?
The net margin of Malton Bhd is 5.3% (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 Malton Bhd (6181)?
The return on equity (ROE) of Malton Bhd is 2.5% (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 Malton Bhd (6181)?
On an EBIT basis the return on assets of Malton Bhd is 3.5% (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 Malton Bhd (6181)?
The operating margin of Malton Bhd is 18.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Malton Bhd (6181)?
Revenue at Malton Bhd is growing −21.7% versus a year earlier (3y avg −14.5%). 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 Malton Bhd (6181)?
Earnings per share at Malton Bhd are growing +436% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Malton Bhd (6181) carry?
The net debt of Malton Bhd is 342M MYR (fiscal year 2026, ≈ 17.0 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 Malton Bhd in the live analysis
One click puts Malton 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 3, 2026