RGB International Bhd (0037) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of RGB International Bhd MYR 0.41, price MYR 0.21, upside +100.0%, quality 54 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch RGB International Bhd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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 Sep 24, 2026.
How to read this chart
60‑month range 0.0868 MYR – 0.4494 MYR · fair‑value band 0.3200 MYR – 0.5200 MYR · the 0.2050 MYR price screens below the 0.4100 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow RGB International Bhd in your weekly email
Every Wednesday you see whether RGB International 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.
RGB International Bhd., an investment holding company, engages in the manufacturing, distribution, concession and management, and technical support for electronic gaming machines (EGM) in Malaysia, Southeast Asia, and internationally. It operates through four segments: Sales and Marketing, Technical Support and Management, Engineering Services, and Others.
Show more
RGB International Bhd., an investment holding company, engages in the manufacturing, distribution, concession and management, and technical support for electronic gaming machines (EGM) in Malaysia, Southeast Asia, and internationally. It operates through four segments: Sales and Marketing, Technical Support and Management, Engineering Services, and Others. The company offers gaming and amusement machines, gaming systems, spare parts, casino equipment and accessories, gaming equipment, and accessories; machine concession programs to operators; and product installation, machine relocation and game conversion, gaming table equipment and utility support, and product and scenario-based training solutions. It is also involved in the sale and marketing of security surveillance products and systems; trading and management of gaming and amusement machines and equipment; renting of property; trading, development, and support of system software and hardware; and trading, designing, developing, and supporting of digital hardware and software. The company was formerly known as Dreamgate Corporation Bhd. and changed its name to RGB International Bhd. in May 2010. RGB International Bhd. was founded in 1986 and is headquartered in Georgetown, Malaysia.
Stock analysis
RGB International Bhd (0037) currently trades at 0.2050 MYR, while our model-based Fair Value estimate is 0.4100 MYR, implying the stock looks roughly 50.0% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 0.4700 MYR per share, and 22 of the 26 models we run sit above the 0.2050 MYR price.
Bear case: the Asset-Based group reads lowest at 0.1100 MYR, and 4 of the 26 models stay below the price. Evidence for this calculation is low.
Scenario range: 0.3200 MYR (bear) to 0.5200 MYR (bull), the price of 0.2050 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 54/100 (solid quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
RGB International Bhd reported revenue of 348M MYR in FY2025 versus 215M MYR in FY2021, a compound +12.8%/yr. Reported net income was 36.4M MYR in FY2025.
Key figures
Market cap 316M MYR (≈ $77.5M) · P/E ratio 10.3 · P/S ratio 1.07 · EPS (TTM) 0.0200 MYR · Dividend yield 4.4% · Net margin 10.4% · Return on equity 11.9% · Return on assets (EBIT) 6.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).
What moves the price
The share trades about 26% below its 52-week high and 6% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at 24% fair-value upside, at 100%, 0037 screens cheaper than that median.
Fair Value models
Bear 0.3200 MYRFair Value 0.4100 MYRBull 0.5200 MYR
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 (0.0081 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.Evidence ⓘEvidence = 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.82/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−55.1%
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.
+8.5%
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.
+12.8%
Start year 2020 (pandemic). Over 10 years: +4.1% a year
Revenue growth 19 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.
+2.6%
’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. Basis: EBIT basis. 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.
−2.6%
Earnings growth per share plus dividend.
Earnings per share, growth per year−7.0%
Dividend (yield on the price)4.4%
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.−2% vs 5%, slowing
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.−14% → 9%
Start year 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less 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).
−11.8%
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 −13.5% 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.Gambling · 57 stocks
Beats the industry median on 10/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score54 · Below median
Fair Value upside+100% · Top 25%
Profitability
Return on equity (TTM)12% · Above median
Return on assets3% · Below median
Net margin (TTM)9% · Above median
Operating margin (TTM)11% · Above median
Growth and dividend
Revenue growth19% · Top 25%
Dividend yield (TTM)4.4% · Above median
Valuation Multiplesvs Gambling 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). "RGB International Bhd Fair Value". https://www.fairvalue-calculator.com/stock/0037
Frequently asked questions
Is RGB International Bhd (0037) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 0.4100 MYR versus a price of 0.2050 MYR, about +100% upside (undervalued).
What is the fair value of 0037?
Our model-based fair value for RGB International Bhd is 0.4100 MYR (as of Sep 24, 2026), built from audited fundamentals. The current price: 0.2050 MYR.
What is the quality score of 0037?
RGB International Bhd has a Quality Score of 54/100. 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 RGB International Bhd (0037)?
Our model-based price target is the fair value of 0.4100 MYR (as of Sep 24, 2026) from 26 valuation models. Cautious scenario 0.3200 MYR, optimistic scenario 0.5200 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the RGB International Bhd stock forecast for 2026?
Our models put fair value at 0.4100 MYR, about +100% upside versus a price of 0.2050 MYR (undervalued). Cautious scenario 0.3200 MYR, optimistic scenario 0.5200 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of RGB International Bhd (0037)?
RGB International Bhd reported trailing-twelve-month revenue of about 363M MYR (latest available figure, as of Sep 24, 2026).
Does RGB International Bhd pay a dividend?
RGB International Bhd currently shows a dividend yield of about 4.39% relative to its recent price (as of Sep 24, 2026).
What growth is priced into RGB International Bhd (0037)?
For today's price to be fair in a discounted-cash-flow model, RGB International Bhd would have to grow free cash flow by -11.8 % 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 +12.8 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 0037 use?
Our models discount RGB International Bhd at 12.6 %: a base by market capitalisation (micro), 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 RGB International Bhd that is -11.8 % 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 RGB International Bhd (0037) delivered so far?
Over the past 5 years revenue at RGB International Bhd grew +12.8 % a year. The price currently implies -11.8 % 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 RGB International Bhd (0037) growing?
The median revenue growth in the sector is +2.6 % a year. That is the yardstick for the growth priced into RGB International Bhd (-11.8 % 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 RGB International Bhd (0037)?
The free-cash-flow yield on the price is 11.80 %: that much free cash flow RGB International 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 RGB International Bhd (0037)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For RGB International Bhd it is 0.4100 MYR per share (as of Sep 24, 2026), against a price of 0.2050 MYR. It is the blended result of 26 valuation models (cash flow, earnings, asset, dividend).
Is RGB International Bhd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0037 trades below its calculated fair value: price 0.2050 MYR, fair value 0.4100 MYR, a gap of about +100% (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 0037?
No. The price is what the market pays today (0.2050 MYR); the fair value is what the company's own numbers justify (0.4100 MYR). For RGB International Bhd the two are 0.2050 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is RGB International Bhd worth?
The market values RGB International Bhd at about 316M MYR (market capitalisation, as of Sep 24, 2026). Per share that is 0.2050 MYR; our models calculate a fair value of 0.4100 MYR per share.
What do the bullish and bearish scenarios say about 0037?
Our models span a range for RGB International Bhd: cautious scenario 0.3200 MYR, base 0.4100 MYR, optimistic 0.5200 MYR per share (as of Sep 24, 2026, price 0.2050 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0037?
RGB International Bhd trades at a price-to-earnings ratio of 10.3 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.4100 MYR is built from several models across several years. Other multiples: P/B 0.3, P/S 0.2.
How solid is the balance sheet of RGB International Bhd (0037)?
Balance-sheet figures for RGB International Bhd (as of Sep 24, 2026): return on equity 11.9%. They feed the Quality Score of 54/100, which measures business quality independently of the share price.
How far is 0037 from its 52-week high?
RGB International Bhd trades at 0.2050 MYR, about 26% below its 52-week high of 0.2761 MYR and 6% above the low of 0.1932 MYR (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 0.4100 MYR is for.
Which stocks are comparable to RGB International Bhd?
From the same area (Consumer Cyclical) we also value Flutter Entertainment plc, Evolution AB, The Lottery Corporation, Rush Street Interactive, Inc, 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 RGB International Bhd stock attractive at the current price?
The data as of Sep 24, 2026: price 0.2050 MYR, calculated fair value 0.4100 MYR (+100%), Quality Score 54/100, from 26 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 0037 calculated?
We run RGB International Bhd through 26 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 0.4100 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 13.2 % above its aggregate fair value. RGB International Bhd currently trades 100 % 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 RGB International Bhd (0037)?
The closing price on Sep 24, 2026 was 0.2050 MYR. Our model-based fair value is 0.4100 MYR, about +100% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with RGB International Bhd right now?
The price is below even our cautious bear case (0.3200 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 (54/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of RGB International Bhd (0037) come from?
Earnings per share at RGB International Bhd grew +9.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share +10.5 %, EBIT margin −2.4 %, tax rate −0.9 %, residual (interest, one-offs) +2.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of RGB International Bhd
How large is the market capitalisation of RGB International Bhd (0037)?
The market capitalisation of RGB International Bhd is 316M MYR (≈ $77.5M). 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 RGB International Bhd (0037)?
The price-to-sales ratio of RGB International Bhd is 1.07 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of RGB International Bhd (0037)?
Earnings per share at RGB International Bhd are 0.0200 MYR (price ÷ EPS = P/E 10.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of RGB International Bhd (0037)?
The dividend yield of RGB International Bhd is 4.4% (payout 45.0%). 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 RGB International Bhd (0037)?
The net margin of RGB International Bhd is 10.4% (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 RGB International Bhd (0037)?
The return on equity (ROE) of RGB International Bhd is 11.9% (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 RGB International Bhd (0037)?
On an EBIT basis the return on assets of RGB International Bhd is 6.0% (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 RGB International Bhd (0037)?
The operating margin of RGB International Bhd is 11.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at RGB International Bhd (0037)?
Revenue at RGB International Bhd is growing +18.8% versus a year earlier (3y avg +8.5%). 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 RGB International Bhd (0037)?
Earnings per share at RGB International Bhd are growing −26.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net cash does RGB International Bhd (0037) hold?
RGB International Bhd holds more cash than debt, 88.8M MYR net (fiscal year 2025). The company holds more cash than debt, a safety cushion.
Free · no account needed
Watch RGB International Bhd in the live analysis
One click puts RGB International Bhd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
