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Revenue Group (0200) Fair Value & Analysis

Technology · MY · Market cap 36.3M MYR

RG Revenue Group 0200 · KLSE
Price0.0700 MYR
Fair Value0.2373 MYR
Upside+238.9%
Quality42/100
Mixed Growth
Loss-making · -9.3% net margin
Low debt · generates free cash flow
Mixed vs. peers (4/10)
Narrow moat 12/100
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Evidence: Medium Range 0.1983 MYR – 0.2763 MYR Share as image

Fair value as of: Jul 17, 2026

From 8 valuation models · updated 18 days ago

Fair value updated Jul 17, 2026, revised from 0.2520 MYR to 0.2373 MYR (−5.9%) since Jun 26, 2026. Share price +7.7% over the past month.

Below-average quality, screening 239% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (42/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (0.1983 MYR). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

2.38 MYR 0.0500 MYR Fair Value 0.2373 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 0.0500 MYR – 2.38 MYR · fair‑value band 0.1983 MYR – 0.2763 MYR · the 0.0700 MYR price screens below the 0.2373 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Revenue Group (0200) currently trades at 0.0700 MYR, while our model-based Fair Value estimate is 0.2373 MYR, implying the stock looks roughly 238.9% undervalued today. We read business quality at 42/100 (below-average 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: medium), always confirm before acting.

Over the trailing twelve months, Revenue Group generated revenue of 227M MYR at a net margin of -9.3%. Revenue declined 13.2% year over year. It earns a return on equity of -26.1%. The balance sheet holds a net cash position of 81.6M MYR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 0.1983 MYR (bear case) to 0.2763 MYR (bull case); at 0.0700 MYR, the current price sits below that range. The share trades about 18% below its 52-week high and 56% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -53% fair-value upside, at 239%, 0200 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 BearBaseBull Evidence
Highest evidence
Growth DCF 0.3000 MYR 0.4100 MYR 0.5700 MYR 80
Rev-Margin DCF 0.3100 MYR 0.4400 MYR 0.7200 MYR 74
Gordon GGM 0.0100 MYR 70
All 8 models by family
DCF Models
FCF DCF 0.3200 MYR 0.3900 MYR 0.6000 MYR 38
5Y Revenue Exit 0.3000 MYR 0.4000 MYR 0.6300 MYR 39
10Y Revenue Exit 0.3000 MYR 0.4700 MYR 0.5700 MYR 36
Dividend Discount
Gordon GGM 0.0100 MYR 70
Multiples
EV/Revenue 0.2700 MYR 0.3300 MYR 0.3900 MYR 43
Asset-Based
NCAV (Graham) 0.0700 MYR 0.1000 MYR 0.1500 MYR 50
Growth DCF
Growth DCF 0.3000 MYR 0.4100 MYR 0.5700 MYR 80
Rev-Margin DCF 0.3100 MYR 0.4400 MYR 0.7200 MYR 74

Widest divergence: Growth DCF (0.4100 MYR) versus Asset-Based (0.1000 MYR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 227M MYR
Revenue growth (YoY) -13.2%
Net margin -9.3%
Return on equity -26.1%
Free cash flow 9.2M MYR FY2025
Operating margin -3.9%
More key figures
EPS (TTM) -0.0400 MYR
Net cash 81.6M MYR FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 44 · Market factors (momentum, volatility) 45

Profitability 24
Margins and returns on capital today
Quality Growth 11
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 41
Price trend over the last 3–12 months (market factor)
52W Momentum 48
Distance to the 52-week high (market factor)
Net Issuance 44
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

Revenue Group Berhad, an investment holding company, provides payment solutions in Malaysia. The company operates revPAY, a platform which facilitates the acceptance of payment transactions on various payment channels, such as physical EDC terminals, virtual payments, and QR payment; and Digital Services Exchange, a fintech platform that offers solutions to …

Full company description

Revenue Group Berhad, an investment holding company, provides payment solutions in Malaysia. The company operates revPAY, a platform which facilitates the acceptance of payment transactions on various payment channels, such as physical EDC terminals, virtual payments, and QR payment; and Digital Services Exchange, a fintech platform that offers solutions to financial institutions and enterprises. It is also involved in the operation of wanna, a chat commerce platform; Buymall, an online marketplace; AnyPay, a bill payment and mobile recharge solutions; Innov8tif for identity assurance; distribution and maintenance of EDC terminals; provision of merchant acquisition services and electronic transaction processing services; and research and development, sale, licensing, and maintenance of software maintenance of support services for the payment infrastructure and technology. In addition, the company engages in the business in selling of incentive reward points for gift redemption and ecommerce platform; provision of facilities of indoor games; rental or lease of sport equipment; organizer for games and competitions; catering of food and beverages for participants; sport-health care supplies and accessories with online booking, ticketing, and reservations; information technology consultancy, other related information technology activities; and trading of sanitizing products. It serves banks, non-bank institutions, physical store merchants, online store merchants, and e-money payment scheme customers. Revenue Group Berhad was founded in 2003 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

Revenue Group reported revenue of 276M MYR in FY2025 versus 86.3M MYR in FY2021, a compound +33.7%/yr. Reported net income was −19.5M MYR in FY2025.

Growth Quality 56/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
276M MYR
Latest YoY
−28.8%
Avg. growth/yr (3Y)
+42.6%
Avg. growth/yr (5Y)
+28.9%
Avg. growth/yr (10Y)
+34.4%
Revenue +33.7%/yr
FY21 86.3M MYR
FY22 95.0M MYR
FY23 426M MYR
FY24 387M MYR
FY25 276M MYR
Net income
FY21 11.2M MYR
FY22 12.4M MYR
FY23 −69.4M MYR
FY24 −12.2M MYR
FY25 −19.5M MYR

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Cite: Fair Value Calculator (2026). "Revenue Group Fair Value". https://www.fairvalue-calculator.com/stock/0200.KLSE

Peer Group

Software - Infrastructure · 407 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 43 · Below median
Return on assets -3% · Below median
Net margin (TTM) -9% · Bottom 25%
Operating margin (TTM) -4% · Below median
Revenue growth -13% · Bottom 25%

Valuation Multiples vs Software - Infrastructure median · lower = cheaper

P/B 0.10× · Cheaper than 75% of peers
P/S (TTM) 0.04× · Cheaper than 75% of peers
P/FCF 1.0× · 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 0 · sector 0
FUTURE 0 · sector 48
PAST 0 · sector 6
HEALTH 100 · sector 98
DIVIDEND 0 · sector 27

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 Software - Infrastructure stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Microsoft Corporation MSFT $384.00 $274.17 -29%
Oracle Corporation ORAC C$9.08 C$2.94 -68%
Palantir Technologies Inc 1PLTR €112.86 €12.03 -89%
Fortinet, Inc FTNT $160.78 $44.96 -72%
Synopsys, Inc 1SNPS €381.50 €118.28 -69%
Block, Inc XYZ A$114.53 A$70.69 -38%
CoreWeave, Inc CRWV $79.94 $44.89 -44%
Range Intelligent Computing Technology Group 300442 ¥71.60 ¥34.00 -53%
Oracle Financial Services Software Limited OFSS ₹11,651 ₹5,821 -50%
One97 Communications Limited PAYTM ₹1,342 ₹181.50 -86%

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Frequently asked questions

Is Revenue Group (0200) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 0.2373 MYR versus a price of 0.0700 MYR, about +239% (undervalued).
What is the fair value of 0200?
Our model-based fair value for Revenue Group is 0.2373 MYR (as of Jul 17, 2026), built from audited fundamentals. The current price is 0.0700 MYR.
What is the quality score of 0200?
Revenue Group has a Quality Score of 42/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Revenue Group (0200)?
Revenue Group reported trailing-twelve-month revenue of about 227M MYR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 0200?
The net profit margin of Revenue Group is about -9.3%, 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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