JAG Bhd (0024) fair value: what the stock is really worth
As of Oct 14, 2026: fair value of JAG Bhd MYR 0.12, price MYR 0.38, upside -68.4%, quality 51 out of 100. 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, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range 0.1989 MYR – 0.4000 MYR · fair‑value band 0.0700 MYR – 0.1700 MYR · the 0.3800 MYR price screens above the 0.1200 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
Follow JAG Bhd in your weekly email
Every Wednesday you see whether JAG 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.
JAG Berhad, an investment holding company, engages in the extraction, production, and refining of ferrous, non-ferrous, and precious metals through the recovery and reclamation of industrial and electronic waste in Malaysia, China, Japan, and internationally.
Show more
JAG Berhad, an investment holding company, engages in the extraction, production, and refining of ferrous, non-ferrous, and precious metals through the recovery and reclamation of industrial and electronic waste in Malaysia, China, Japan, and internationally. It operates through Manufacturing, Trading, Lifestyle and Services, Investment, and Investment Property and Property Development segments. The company also operates coin-operated laundry business; and manufactures, distributes, and sells confectionery, ice cream, and gelato products, as well as offers other related services. In addition, it buys, sells, rents, and operates self-owned or leased real estate land; invests in, develops, and manages properties; and offers project management services, as well as provides trading and building construction services. Further, the company trades in ferrous and non-ferrous metals. JAG Berhad was incorporated in 1997 and is based in Petaling Jaya, Malaysia.
Stock analysis
JAG Bhd (0024) currently trades at 0.3800 MYR, while our model-based Fair Value estimate is 0.1200 MYR, 68.4% below the price, so the stock looks overvalued today.
Show more
Valuation
Bull case: the Asset-Based group reads highest at a median of 0.1900 MYR per share, and 0 of the 11 models we run sit above the 0.3800 MYR price.
Bear case: the Multiples group reads lowest at 0.0600 MYR, and 11 of the 11 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.0700 MYR (bear) to 0.1700 MYR (bull), the price of 0.3800 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 51/100 (solid 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.
JAG Bhd reported revenue of 234M MYR in FY2025 versus 224M MYR in FY2021, a compound +1.1%/yr. Reported net income was −8.3M MYR in FY2025.
Key figures
Market cap 266M MYR (≈ $65.1M) · P/E ratio 38.0 · P/S ratio 0.87 · EPS (TTM) 0.0100 MYR · Dividend yield 1.1% · Net margin −3.6% · Return on equity 5.7% · Return on assets (EBIT) 4.4%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 5% below its 52-week high and 44% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −19% fair-value upside, at −68%, 0024 screens richer than that median.
Fair Value models
Bear0.0700 MYRFair Value 0.1200 MYRBull0.1700 MYR
Price 0.3800 MYR · Upside -68.4%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.0047 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 growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+1.5%
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.
−2.7%
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.
+8.0%
Start year 2020 (pandemic)
Revenue growth 9 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.
+10.7%
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
8.3% (2020) → −0.3% (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
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).
+40.0%
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 +37.3% 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.Waste Management · 154 stocks
Beats the industry median on 8/14 measures
A mixed picture versus its industry peers.
Valuation
Quality Score51 · Above median
Fair Value upside−68.4% · Bottom 25%
Profitability
Return on equity (12 months)5.7% · Below median
Return on assets4.8% · Above median
Net margin (12 months)4.0% · Below median
Operating margin (12 months)10.2% · Above median
Growth and dividend
Revenue growth68.0% · Top 25%
Dividend yield (12 months)1.1% · Below median
Balance sheet
Debt / equity0.15× · Below median
Valuation Multiplesvs Waste Management median · lower = cheaper
P/E (12 months)38.0× · Priciest 25%
P/B1.35× · Cheaper than median
P/S (12 months)0.91× · Cheaper than median
Price / free cash flow53.1× · Priciest 25%
EV/EBITDA9.0× · Cheaper than median
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 27
FUTURE (revenue growth)100· sector 42
PAST (return on equity)23· sector 24
HEALTH (low debt)92· sector 82
DIVIDEND (yield)21· sector 48
VALUE 0: the price sits above our fair-value range.
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). "JAG Bhd Fair Value". https://www.fairvalue-calculator.com/stock/0024
Frequently asked questions
Is JAG Bhd (0024) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of 0.1200 MYR versus a price of 0.3800 MYR, about −68% upside (overvalued).
What is the fair value of 0024?
Our model-based fair value for JAG Bhd is 0.1200 MYR (as of Oct 2, 2026), built from audited fundamentals. The current price: 0.3800 MYR.
What is the quality score of 0024?
JAG Bhd has a Quality Score of 51/100. 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 JAG Bhd (0024)?
Our model-based price target is the fair value of 0.1200 MYR (as of Oct 2, 2026) from 11 valuation models. Cautious scenario 0.0700 MYR, optimistic scenario 0.1700 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the JAG Bhd stock forecast for 2026?
Our models put fair value at 0.1200 MYR, about −68% upside versus a price of 0.3800 MYR (overvalued). Cautious scenario 0.0700 MYR, optimistic scenario 0.1700 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of JAG Bhd (0024)?
JAG Bhd reported trailing-twelve-month revenue of about 293M MYR (latest available figure, as of Oct 2, 2026).
Does JAG Bhd pay a dividend?
JAG Bhd currently shows a dividend yield of about 1.05% relative to its recent price (as of Oct 2, 2026).
What growth is priced into JAG Bhd (0024)?
For today's price to be fair in a discounted-cash-flow model, JAG Bhd would have to grow free cash flow by +40.0 % 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 +8.1 % per year. As of Oct 2, 2026.
What discount rate (WACC) does the fair value of 0024 use?
Our models discount JAG Bhd at 12.6 %: a base by market capitalisation (micro), damped by beta 0.10, 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 JAG Bhd that is +40.0 % per year a year over ten years, using the same discount rate (12.6 %) and the same formula as our fair value.
How much growth has JAG Bhd (0024) delivered so far?
Over the past 5 years revenue at JAG Bhd grew +8.1 % a year. The price currently implies +40.0 % per year free-cash-flow growth a 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 JAG Bhd (0024) growing?
The median revenue growth in the sector is +7.4 % a year. That is the yardstick for the growth priced into JAG Bhd (+40.0 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of JAG Bhd (0024)?
The free-cash-flow yield on the price is 1.88 %: that much free cash flow JAG 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 JAG Bhd (0024)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For JAG Bhd it is 0.1200 MYR per share (as of Oct 2, 2026), against a price of 0.3800 MYR. It is the blended result of 11 valuation models (cash flow, earnings, asset, dividend).
Is JAG Bhd stock overvalued or undervalued in 2026?
As of Oct 2, 2026, 0024 trades above its calculated fair value: price 0.3800 MYR, fair value 0.1200 MYR, a gap of about −68% (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 0024?
No. The price is what the market pays today (0.3800 MYR); the fair value is what the company's own numbers justify (0.1200 MYR). For JAG Bhd the two are 0.2600 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is JAG Bhd worth?
The market values JAG Bhd at about 266M MYR (market capitalisation, as of Oct 2, 2026). Per share that is 0.3800 MYR; our models calculate a fair value of 0.1200 MYR per share.
What do the bullish and bearish scenarios say about 0024?
Our models span a range for JAG Bhd: cautious scenario 0.0700 MYR, base 0.1200 MYR, optimistic 0.1700 MYR per share (as of Oct 2, 2026, price 0.3800 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0024?
JAG Bhd trades at a price-to-earnings ratio of 38.0 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.1200 MYR is built from several models across several years. Other multiples: P/B 1.4, P/S 0.9, EV/EBITDA 9.0.
How solid is the balance sheet of JAG Bhd (0024)?
Balance-sheet figures for JAG Bhd (as of Oct 2, 2026): return on equity 5.7%, debt of 0.15 per unit of equity. They feed the Quality Score of 51/100, which measures business quality independently of the share price.
How far is 0024 from its 52-week high?
JAG Bhd trades at 0.3800 MYR, about 5% below its 52-week high of 0.4000 MYR and 44% above the low of 0.2635 MYR (as of Oct 14, 2026). Distance from the high says nothing about value: that is what the fair value of 0.1200 MYR is for.
Which stocks are comparable to JAG Bhd?
From the same area (Industrials) we also value Waste Management, Inc, Republic Services, Inc, Waste Connections, Inc, Veolia Environnement SA, 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 JAG Bhd stock attractive at the current price?
The data as of Oct 2, 2026: price 0.3800 MYR, calculated fair value 0.1200 MYR (−68%), Quality Score 51/100, from 11 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 0024 calculated?
We run JAG Bhd through 11 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 0.1200 MYR, 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 14.5 % above its aggregate fair value. JAG Bhd 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 JAG Bhd (0024)?
The closing price on Oct 14, 2026 was 0.3800 MYR. Our model-based fair value is 0.1200 MYR, about −68% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with JAG Bhd right now?
The price sits above even our optimistic bull case (0.1700 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 (51/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (0.0700 MYR to 0.1700 MYR) leaves room in how you read the outcome.
Key figures of JAG Bhd
How large is the market capitalisation of JAG Bhd (0024)?
The market capitalisation of JAG Bhd is 266M MYR (≈ $65.1M). 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 JAG Bhd (0024)?
The price-to-sales ratio of JAG Bhd is 0.87 (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 JAG Bhd (0024)?
Earnings per share at JAG Bhd are 0.0100 MYR (price ÷ EPS = P/E 38.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of JAG Bhd (0024)?
The dividend yield of JAG Bhd is 1.1% (payout 40.0%). 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 JAG Bhd (0024)?
The net margin of JAG Bhd is −3.6% (fiscal year 2025). 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 JAG Bhd (0024)?
The return on equity (ROE) of JAG Bhd is 5.7% (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 JAG Bhd (0024)?
On an EBIT basis the return on assets of JAG Bhd is 4.4% (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 JAG Bhd (0024)?
The operating margin of JAG Bhd is 10.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at JAG Bhd (0024)?
Revenue at JAG Bhd is growing +68.0% versus a year earlier (3y avg −2.7%). 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 JAG Bhd (0024)?
Earnings per share at JAG Bhd are growing +140% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does JAG Bhd (0024) carry?
The net debt of JAG Bhd is 62.2M MYR (fiscal year 2025, ≈ 12.4 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 JAG Bhd in the live analysis
One click puts JAG Bhd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener.
