Zetrix AI Berhad, an investment holding company, (0138) Fair Value & Analysis
Technology · MY · Market cap 5.9B MYR
Fair value as of: Jul 12, 2026
From 16 valuation models · updated 29 days ago
Share price −6.7% over the past month.
A solid business, screening 141% undervalued on our models.
What matters now
- The price is below even our cautious bear case (1.23 MYR). The market is more pessimistic than our downside scenario.
- The model range is unusually wide (1.23 MYR to 3.28 MYR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
- Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (5 years)
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 0.5578 MYR – 1.08 MYR · fair‑value band 1.23 MYR – 3.28 MYR · the 0.7000 MYR price screens below the 1.69 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.
Analysis
Zetrix AI Berhad, an investment holding company, (0138) currently trades at 0.7000 MYR, while our model-based Fair Value estimate is 1.69 MYR, implying the stock looks roughly 141.4% undervalued today. The Quality Score stands at 54/100 (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, Zetrix AI Berhad, an investment holding company, generated revenue of 426M MYR at a net margin of 53.1%. Revenue grew 28.8% year over year. It earns a return on equity of 36.9%. Net debt stands at 1.2B MYR. Fundamentals as of Jul 12, 2026
Our scenario range runs from 1.23 MYR (bear case) to 3.28 MYR (bull case); at 0.7000 MYR, the current price sits below 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 30% below its 52-week high and 10% 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 141%, 0138 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.
All 16 models by family
Widest divergence: Growth Earnings (3.26 MYR) versus Asset-Based (0.3200 MYR). Highest evidence: Residual Income (76).
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 53 · Market factors (momentum, volatility) 39
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
Zetrix AI Berhad, an investment holding company, develops and implements electronic government services project, and provides other related services in Malaysia and internationally.
Full company description
Zetrix AI Berhad, an investment holding company, develops and implements electronic government services project, and provides other related services in Malaysia and internationally. The company offers software solutions and maintenance services; auto insurance intermediary and other related ancillary services; management and consultancy services; advertisement and marketing services; and foreign worker related services. It also operates and manages automotive classified web portal and other value added services for the automotive classified web portal; undertakes finance, leasing, or hire purchase and other credit granting and money lending activities; undertakes information technology, and credit card terminal rental and other related activities; trades in computer hardware, software, printers, accessories, peripherals, equipment, and electronic products; and operates an electronic payment and remittance platform for the issuance, transfer, clearance, and settlement of electronic money, as well as offers various other related ancillary products and services. In addition, the company owns, builds, and operates online TV channel, hostels, and digital platform for commercial services; and provides digital platform for reviews and news on restaurant, and food and beverage business with advertising or marketing for related brands, as well as manufactures, trades, exports and imports, and distributes medical devices and equipment. Further, it offers human resource management and payroll solutions; motor vehicle inspection, repair, and breakdown assistance services; removable motor vehicle spare parts, as well as markets medical products and services, such as health screening solutions and quarantine services; and trades in motor vehicles and provides ancillary services. The company was formerly known as My E.G. Services Berhad and changed its name to Zetrix AI Berhad in June 2025. The company was incorporated in 2000 and is headquartered in Petaling Jaya, Malaysia.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Zetrix AI Berhad, an investment holding company, reported revenue of 1.3B MYR in FY2025 versus 722M MYR in FY2021, a compound +16.6%/yr. Reported net income was 884M MYR in FY2025, compounding +29.3%/yr from FY2021.
Watch 0138: get an alert when its fair value changes →
Peer Group
Information Technology Services · 480 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.
Valuation Multiples vs Information Technology Services median · lower = cheaper
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.
Insider activity: 45/100
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
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 |
|---|---|---|---|
| International Business Machines Corporation IBM | $235.92 | $143.90 | -39% |
| 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% |
Compare Zetrix AI Berhad, an investment holding company, with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Zetrix AI Berhad, an investment holding company, (0138) overvalued or undervalued?
What is the fair value of 0138?
What is the quality score of 0138?
What is the revenue of Zetrix AI Berhad, an investment holding company, (0138)?
What is the net profit margin of 0138?
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.
Track Zetrix AI Berhad, an investment holding company, and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.