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OpenMove AI Berhad, an investment holding company, (0106) Fair Value & Analysis

Technology · MY · Market cap 91.8M MYR

OA OpenMove AI Berhad, an investment holding company, 0106 · KLSE
Price0.5300 MYR
Fair Value0.6100 MYR
Upside+15.1%
Quality65/100
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Mixed Growth
Highly profitable · 28.1% net margin
generates free cash flow
3.48% dividend yield
Ranks above peers (12/13)
Wide moat 69/100
Evidence: High Range 0.4200 MYR – 0.8000 MYR Share as image

Fair value as of: Jul 12, 2026

From 24 valuation models · updated 30 days ago

Fair value updated Jul 12, 2026, revised from 1.69 MYR to 0.6100 MYR (−63.9%) since Jun 25, 2026.

A solid business, screening 15% undervalued on our models.

What matters now

  • A fairly wide model range (0.4200 MYR to 0.8000 MYR) leaves room in how you read the outcome.
  • Our model range runs from 0.4200 MYR (bear) to 0.8000 MYR (bull), base 0.6100 MYR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 65/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

1.35 MYR 0.4950 MYR Fair Value 0.6100 MYR Sep 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 0.4950 MYR – 1.35 MYR · fair‑value band 0.4200 MYR – 0.8000 MYR · the 0.5300 MYR price screens below the 0.6100 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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Analysis

OpenMove AI Berhad, an investment holding company, (0106) currently trades at 0.5300 MYR, while our model-based Fair Value estimate is 0.6100 MYR, implying the stock looks roughly 15.1% undervalued today. The Quality Score stands at 65/100 (solid quality), in the Technology 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, OpenMove AI Berhad, an investment holding company, generated revenue of 34.9M MYR at a net margin of 28.1%. Revenue grew 8.8% year over year. It earns a return on equity of 17.5%. The stock trades on a trailing P/E of 9.7. Fundamentals as of Jul 12, 2026

Our scenario range runs from 0.4200 MYR (bear case) to 0.8000 MYR (bull case); at 0.5300 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. The share trades about 24% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at 15%, 0106 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
Residual Income 0.2400 MYR 0.2600 MYR 0.2900 MYR 76
Growth DCF 0.3500 MYR 0.4600 MYR 0.5900 MYR 72
Growth-Adj P/E 0.4000 MYR 0.5800 MYR 0.7500 MYR 68
All 24 models by family
DCF Models
FCF DCF 0.3500 MYR 0.4800 MYR 0.6400 MYR 38
Owner Earnings 0.3500 MYR 0.4700 MYR 0.6300 MYR 31
5Y Revenue Exit 0.3600 MYR 0.5400 MYR 0.7700 MYR 39
5Y EBITDA Exit 0.4900 MYR 0.7800 MYR 1.12 MYR 41
5Y P/E Exit 0.4100 MYR 0.6400 MYR 0.8800 MYR 38
10Y Revenue Exit 0.3500 MYR 0.4900 MYR 0.6900 MYR 36
10Y EBITDA Exit 0.4200 MYR 0.6400 MYR 0.9200 MYR 37
10Y P/E Exit 0.3800 MYR 0.5500 MYR 0.7600 MYR 35
Earnings-Based
Graham-Dodd 0.2200 MYR 0.7000 MYR 0.9400 MYR 54
Lynch FV 0.1600 MYR 0.2200 MYR 0.2900 MYR 50
PEG = 1.0 0.1600 MYR 0.2200 MYR 0.2900 MYR 46
EPV 0.2400 MYR 0.2700 MYR 0.2900 MYR 59
Multiples
P/E Multiple 0.4800 MYR 0.6400 MYR 0.8000 MYR 63
P/S Multiple 0.3700 MYR 0.4900 MYR 0.6200 MYR 58
P/B Multiple 0.4100 MYR 0.5400 MYR 0.6800 MYR 55
EV/EBIT 0.6900 MYR 0.9100 MYR 1.13 MYR 53
EV/EBITDA 0.6600 MYR 0.8700 MYR 1.08 MYR 54
EV/Revenue 0.3800 MYR 0.5300 MYR 0.6800 MYR 43
Asset-Based
NCAV (Graham) 0.1500 MYR 0.2000 MYR 0.3000 MYR 50
Growth DCF
Growth DCF 0.3500 MYR 0.4600 MYR 0.5900 MYR 72
Rev-Margin DCF 0.3600 MYR 0.5400 MYR 0.7500 MYR 67
Economic Profit
Residual Income 0.2400 MYR 0.2600 MYR 0.2900 MYR 76
ROIC Compounder 0.2400 MYR 0.2700 MYR 0.2900 MYR 67
Growth Earnings
Growth-Adj P/E 0.4000 MYR 0.5800 MYR 0.7500 MYR 68

Widest divergence: Growth Earnings (0.5800 MYR) versus Asset-Based (0.2000 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 34.9M MYR
Revenue growth (YoY) +8.8%
Net margin 28.1%
Return on equity 17.5%
Free cash flow 6.5M MYR FY2026
P/E ratio 9.7
More key figures
Operating margin 21.4%
EPS (TTM) 0.0600 MYR
Dividend yield 3.5%
EPS growth (YoY) +214%

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 65/100

Of which business quality 66 · Market factors (momentum, volatility) 41

Profitability 53
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 76
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 82
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

OpenMove AI Berhad, an investment holding company, provides software solutions and related services for the general insurance, Takaful, unit trust, and financial services industries in Malaysia, Hong Kong, China, and internationally.

Full company description

OpenMove AI Berhad, an investment holding company, provides software solutions and related services for the general insurance, Takaful, unit trust, and financial services industries in Malaysia, Hong Kong, China, and internationally. The company offers e-Cover, an online transaction portal; Agency Portal, a web based mobile responsive portal which provides comprehensive digital solution; and Integrated Insurance Management System, a customer-centric solution that covers various key operational functions, such as product development, marketing, intermediary management, underwriting, policy management, reinsurance, claims, and payments and accounts. It also provides Electronic Pilihan Pelaburan Ahli system, an online system for the submission of investment and redemption applications, which are settled electronically using the Employees Provident Fund member's contributions. In addition, the company offers takaful solutions, a customer-centric e-cover online transaction portal that offered as a software as a service solution; InfoGuardian, an integrated workflow, case management, and document management system for financial institutions, legal firms, and property valuer firms solutions. Further, the company engages in the research, design, development, and sale of application software solutions, as well as related products and services; offers software technical and consultancy services. Additionally, it provides shared and outsourcing services to insurance companies outside Malaysia, as well as eINSURANS gateway between the insurance companies in Malaysia and the JPJ. The company was formerly known as Rexit Berhad and changed its name to OpenMove AI Berhad in January 2026. The company was founded in 1998 and is based in Petaling Jaya, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2026 · reported fiscal years

OpenMove AI Berhad, an investment holding company, reported revenue of 34.2M MYR in FY2026 versus 25.2M MYR in FY2021, a compound +6.3%/yr. Reported net income was 5.5M MYR in FY2026, compounding −11.0%/yr from FY2021.

Growth Quality 68/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
34.2M MYR
Latest YoY
−29.2%
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.
+7.8%
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.
+6.3%
Avg. growth/yr (11Y) 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.
+6.6%
Revenue +6.3%/yr
FY21 25.2M MYR
FY22 26.2M MYR
FY23 27.3M MYR
FY25 48.3M MYR
FY26 34.2M MYR
Net income −11.0%/yr
FY21 9.9M MYR
FY22 9.1M MYR
FY23 11.0M MYR
FY25 16.6M MYR
FY26 5.5M MYR

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Cite: Fair Value Calculator (2026). "OpenMove AI Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/0106

Peer Group

Information Technology Services · 476 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 65 · Top 25%
Fair Value upside +15% · Above median
Return on equity (TTM) 17% · Above median
Return on assets 6% · Above median
Net margin (TTM) 28% · Top 25%
Operating margin (TTM) 21% · Top 25%
Revenue growth 9% · Above median
Dividend yield (TTM) 3.5% · Above median

Valuation Multiples vs Information Technology Services median · lower = cheaper

P/E (TTM) 8.8× · Cheaper than 75% of peers
P/B 0.43× · Cheaper than 75% of peers
P/S (TTM) 0.64× · Cheaper than median
P/FCF 3.5× · Pricier than median
EV/EBITDA 1.7× · Cheaper than 75% of peers

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 53 · sector 21
FUTURE 44 · sector 29
PAST 70 · sector 37
HEALTH 0 · sector 97
DIVIDEND 70 · sector 37

Insider activity: 30/100

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 Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
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Accenture plc ACNN 2,460 MXN 250.95 MXN -90%
Infosys Limited INFY ₹1,156 ₹1,457 +26%
HCL Technologies Limited HCLTECH ₹1,204 ₹1,230 +2%
Wipro Limited WIPRO ₹178.43 ₹226.81 +27%
Tech Mahindra Limited TECHM ₹1,455 ₹1,086 -25%
Samsung SDS Co 018260 199,300 KRW 196,390 KRW -1%
Persistent Systems Limited PERSISTENT ₹5,059 ₹2,364 -53%
Hyundai Autoever Corporation 307950 393,000 KRW 133,088 KRW -66%
Coforge Limited COFORGE ₹1,541 ₹702.84 -54%

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Frequently asked questions

Is OpenMove AI Berhad, an investment holding company, (0106) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 0.6100 MYR versus a price of 0.5300 MYR, about +15% (undervalued).
What is the fair value of 0106?
Our model-based fair value for OpenMove AI Berhad, an investment holding company, is 0.6100 MYR (as of Jul 12, 2026), built from audited fundamentals. The current price is 0.5300 MYR.
What is the quality score of 0106?
OpenMove AI Berhad, an investment holding company, has a Quality Score of 65/100. 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 OpenMove AI Berhad, an investment holding company, (0106)?
OpenMove AI Berhad, an investment holding company, reported trailing-twelve-month revenue of about 34.9M MYR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 0106?
The net profit margin of OpenMove AI Berhad, an investment holding company, is about 28.1%, meaning it keeps roughly 28.1% of revenue as net income. Based on the latest reported figures.
Does OpenMove AI Berhad, an investment holding company, pay a dividend?
OpenMove AI Berhad, an investment holding company, currently shows a dividend yield of about 3.48% relative to its recent price (as of Jul 12, 2026).

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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