GD Express Carrier Bhd (0078) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of GD Express Carrier Bhd stock MYR 0.18, price MYR 0.13, upside +38.5%, quality 59 out of 100. Rating: undervalued. Calculated from audited financials with 14 of our 26 valuation models and 37 quality factors, updated daily.
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GD Express Carrier Bhd
0078 · KLSEThe stock costs 28% less than our calculation considers fair.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 0.0837 MYR – 0.3288 MYR · fair‑value band 0.1400 MYR – 0.2200 MYR · the 0.1300 MYR price screens below the 0.1800 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Company profile
GDEX Berhad, an investment holding company, provides express delivery and logistics services in Malaysia, Singapore, Vietnam, and Indonesia. It operates through Express Delivery, Logistics, Information Technology, Property Management, and Others segment.
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The company offers domestic express delivery services, including next day delivery, same day delivery, cash on delivery, reverse charge, security handling, bulk shipment delivery, delivery order, TAC delivery, and on-board courier services; international express delivery; local land, cross border land, air freight, and sea freight; shipment protection services.
It also provides warehousing services; and digital solutions comprising insurance, retail solutions, web solutions, and cyber security solutions.
In addition, the company offers web design; e-commerce; website development; business software solutions and other related services; cyber security consulting; trading of computer and information technology; multimedia services; software application; internet; computer networking; and consultancy services.
Further, it provides property, facilities, and assets management services, as well as insurance agent services and training, advisory, and payment processing agent services; operates cafe; designs, develops, and supports e-commerce and corporate website solutions; computer programming activities.
Additionally, the company engages in intellectual property resources business. The company was formerly known as GD Express Carrier Bhd and changed its name to GDEX Berhad in December 2020. GDEX Berhad was founded in 1997 and is headquartered in Petaling Jaya, Malaysia.
Stock analysis
GD Express Carrier Bhd (0078) currently trades at 0.1300 MYR, while our model-based Fair Value estimate is 0.1800 MYR, implying the stock looks roughly 28% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 0.0900 MYR per share, and 0 of the 13 models we run sit above the 0.1300 MYR price.
Bear case: the Earnings-Based group reads lowest at 0.0200 MYR, and 13 of the 13 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.1400 MYR (bear) to 0.2200 MYR (bull), the price of 0.1300 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 59/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
GD Express Carrier Bhd reported revenue of 416M MYR in FY2026 versus 637M MYR in FY2022, a compound −10.1%/yr. Reported net income was −1.7M MYR in FY2026.
Key figures
Market cap 719M MYR (≈ $177M) Micro · P/S ratio 1.70 · Dividend yield 1.5% · Net margin 0.0% · Return on equity −0.6% · Return on assets (EBIT) 0.3% (5-year average) · Operating margin 0.9% · Revenue (TTM) 418M MYR.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (low confidence).
What moves the price
The share trades about 9% below its 52-week high and 26% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at 38%, 0078 screens cheaper than that median.
Fair Value models
All 14 models by family
The fair value above starts from this blend and is adjusted for a cyclical trough year.
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Growth Forecast
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Compare GD Express Carrier Bhd with another stock
Price, fair value, quality and upside side by side.
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.Integrated Freight & Logistics · 210 stocks
Valuation Multiplesvs Integrated Freight & Logistics median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Quality Score by industry
- Return on equity by industry
- Piotroski F-Score screener with fair value
- Undervalued stocks: Industrials
- Valuation of the Malaysia market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Integrated Freight & Logistics stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| S.F. Holding 002352 | ¥34.54 | ¥45.60 | +32% | vs 0078 |
| FedEx Corporation FDX | $308.14 | $350.86 | +14% | vs 0078 |
| United Parcel Service, Inc UPS | $108.30 | $107.24 | −1% | vs 0078 |
| Deutsche Post AG DHL | €58.02 | €53.62 | −8% | vs 0078 |
| Expeditors International of Washington, Inc EXPD | $184.61 | $117.46 | −36% | vs 0078 |
| Kuehne + Nagel International AG KNIN | CHF 235.50 | CHF 147.92 | −37% | vs 0078 |
| J.B. Hunt Transport Services, Inc JBHT | $217.55 | $133.78 | −39% | vs 0078 |
| Poste Italiane S.p.A PST | €24.52 | €14.76 | −40% | vs 0078 |
| DSV A/S DSV | kr 1,470 | kr 711.95 | −52% | vs 0078 |
| FedEx Freight Holding FDXF | $123.56 | $54.55 | −56% | vs 0078 |
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