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Asdion Berhad, an investment holding company, (0068) Fair Value & Analysis

Industrials · MY · Market cap 2.6M MYR

AB Asdion Berhad, an investment holding company, 0068 · KLSE
Price0.0050 MYR
Fair Value0.0050 MYR
Upside+0.0%
Quality49/100
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Mixed Growth
Loss-making · -24.6% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/9)
Narrow moat 15/100
Evidence: High Range 0.0049 MYR – 0.0050 MYR Share as image

Fair value as of: Jul 15, 2026

From 11 valuation models · updated 26 days ago

Fair value updated Jul 15, 2026, revised from 0.0202 MYR to 0.0050 MYR (−75.2%) since Jun 26, 2026. Share price −75.0% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • The models converge in a tight band (0.0049 MYR to 0.0050 MYR), unusually little disagreement for a valuation.
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Price vs Fair Value (5 years)

0.7550 MYR 0.0050 MYR Fair Value 0.0050 MYR Feb 2021 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 0.0050 MYR – 0.7550 MYR · fair‑value band 0.0049 MYR – 0.0050 MYR · the 0.0050 MYR price screens below the 0.0050 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Asdion Berhad, an investment holding company, (0068) currently trades at 0.0050 MYR, while our model-based Fair Value estimate is 0.0050 MYR, implying the stock looks roughly 0.0% fairly valued today. The Quality Score stands at 49/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Asdion Berhad, an investment holding company, generated revenue of 23.6M MYR at a net margin of -24.6%. Revenue declined 87.3% year over year. Net debt stands at 1.1M MYR. The stock trades on a trailing P/E of 2.0. Fundamentals as of Jul 15, 2026

Our scenario range runs from 0.0049 MYR (bear case) to 0.0050 MYR (bull case); at 0.0050 MYR, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Industrials peers we cover trades at -14% fair-value upside, at 0%, 0068 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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
Highest evidence
Growth DCF 0.0500 MYR 0.0800 MYR 0.1200 MYR 80
Rev-Margin DCF 0.0500 MYR 0.0900 MYR 0.1600 MYR 74
P/E Multiple 0.1600 MYR 0.2100 MYR 0.2600 MYR 63
All 11 models by family
DCF Models
Owner Earnings 0.1100 MYR 0.2200 MYR 0.4000 MYR 31
5Y P/E Exit 0.1200 MYR 0.2800 MYR 0.5100 MYR 38
10Y P/E Exit 0.0900 MYR 0.2300 MYR 0.4600 MYR 35
Earnings-Based
Graham-Dodd 0.0700 MYR 0.4700 MYR 0.6600 MYR 54
Lynch FV 0.2400 MYR 0.3500 MYR 0.4500 MYR 50
Multiples
P/E Multiple 0.1600 MYR 0.2100 MYR 0.2600 MYR 63
P/B Multiple 0.1300 MYR 0.1700 MYR 0.2100 MYR 55
Asset-Based
NCAV (Graham) 0.0500 MYR 0.0600 MYR 0.0900 MYR 50
Growth DCF
Growth DCF 0.0500 MYR 0.0800 MYR 0.1200 MYR 80
Rev-Margin DCF 0.0500 MYR 0.0900 MYR 0.1600 MYR 74
Economic Profit
Residual Income 0.0700 MYR 0.0800 MYR 0.0900 MYR 61

Widest divergence: Earnings-Based (0.3500 MYR) versus Asset-Based (0.0600 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 23.6M MYR
Revenue growth (YoY) -87.3%
Net margin -24.6%
Return on equity 2,659%
Free cash flow 2.2M MYR FY2025
P/E ratio 0.5
More key figures
Operating margin -204%
EPS (TTM) 0.0100 MYR
EPS growth (YoY) +11,867%
Net debt 1.1M MYR FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 52 · Market factors (momentum, volatility) 19

Profitability 43
Margins and returns on capital today
Quality Growth 100
Are margins and returns improving?
Cashflow 47
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 40
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 9
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Asdion Berhad, an investment holding company, engages in the logistics, commodity trading, and property development businesses in Malaysia. The company offers logistics services comprising freight forwarding, trucking, stevedoring, and civil earthwork services.

Full company description

Asdion Berhad, an investment holding company, engages in the logistics, commodity trading, and property development businesses in Malaysia. The company offers logistics services comprising freight forwarding, trucking, stevedoring, and civil earthwork services. It also provides advice for information technology solutions; and develops land and buildings, as well as engages in the stainless steel and related activities. Asdion Berhad was incorporated in 2002 and is based in Kuala Lumpur, Malaysia.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Asdion Berhad, an investment holding company, reported revenue of 29.4M MYR in FY2025 versus 4.3M MYR in FY2021, a compound +61.4%/yr. Reported net income was 5.0M MYR in FY2025.

Growth Quality 81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
29.4M MYR
Latest YoY
+326.8%
Avg. growth/yr (3Y) 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.
+97.2%
Avg. growth/yr (5Y) 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.
+50.7%
Avg. growth/yr (9Y) 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.
+4.5%
Revenue +61.4%/yr
FY21 4.3M MYR
FY22 3.8M MYR
FY23 5.1M MYR
FY24 6.9M MYR
FY25 29.4M MYR
Net income
FY21 −2.2M MYR
FY22 −4.0M MYR
FY23 −3.7M MYR
FY24 −7.8M MYR
FY25 5.0M MYR

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Cite: Fair Value Calculator (2026). "Asdion Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/0068

Peer Group

Conglomerates · 369 stocks

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.

Quality Score 49 · Below median
Fair Value upside −1% · Above median
Return on assets -8% · Bottom 25%
Net margin (TTM) -25% · Bottom 25%
Revenue growth -87% · Bottom 25%
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Conglomerates median · lower = cheaper

P/E (TTM) 0.5× · Cheaper than 75% of peers
P/S (TTM) 0.03× · Cheaper than 75% of peers
P/FCF 0.3× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 33 · sector 20
FUTURE 0 · sector 16
PAST 0 · sector 20
HEALTH 100 · sector 88
DIVIDEND 0 · sector 39

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Conglomerates stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
CITIC Limited 0267 HK$11.28 HK$22.56 +100%
SK Inc 034730 580,000 KRW 497,919 KRW -14%
PT Astra International Tbk, ASII 4,810 IDR 9,620 IDR +100%
The Siam Cement Public Company SCC 254.00 THB 199.40 THB -21%
SRF Limited SRF ₹2,875 ₹1,053 -63%
Empresas Copec S.A COPEC 6,330 CLP 10,879 CLP +72%
Posco International Corporation 047050 50,900 KRW 61,248 KRW +20%
Tube Investments of India Limited TIINDIA ₹2,940 ₹559.30 -81%
Doosan Corporation 000155 464,000 KRW 75,620 KRW -84%
Thermax Limited THERMAX ₹4,809 ₹1,087 -77%

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Frequently asked questions

Is Asdion Berhad, an investment holding company, (0068) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 0.0050 MYR versus a price of 0.0050 MYR, about +0% (fairly valued).
What is the fair value of 0068?
Our model-based fair value for Asdion Berhad, an investment holding company, is 0.0050 MYR (as of Jul 15, 2026), built from audited fundamentals. The current price is 0.0050 MYR.
What is the quality score of 0068?
Asdion Berhad, an investment holding company, has a Quality Score of 49/100. 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 revenue of Asdion Berhad, an investment holding company, (0068)?
Asdion Berhad, an investment holding company, reported trailing-twelve-month revenue of about 23.6M MYR (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 0068?
The net profit margin of Asdion Berhad, an investment holding company, is about -24.6%, meaning it is currently running at a net loss. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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