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Solarvest Holdings (0215) Fair Value & Analysis

Technology · MY · Market cap 2.9B MYR

SH Solarvest Holdings 0215 · KLSE
Price3.13 MYR
Fair Value1.33 MYR
Upside-57.6%
Quality32/100
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Expensive Growth
Solidly profitable · 10.5% net margin
Low debt · negative free cash flow
Ranks above peers (8/13)
Moderate moat 54/100
Evidence: High Range 0.9520 MYR – 1.70 MYR Share as image

Fair value as of: Jul 17, 2026

From 17 valuation models · updated 24 days ago

Share price +2.6% over the past month.

Below-average quality, and screening another 58% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1.70 MYR). The favourable scenario is already priced in.
  • Weak quality (32/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

3.31 MYR 0.6000 MYR Fair Value 1.33 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 0.6000 MYR – 3.31 MYR · fair‑value band 0.9520 MYR – 1.70 MYR · the 3.13 MYR price screens above the 1.33 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

Solarvest Holdings (0215) currently trades at 3.13 MYR, while our model-based Fair Value estimate is 1.33 MYR, implying the stock looks roughly 57.6% overvalued today. The Quality Score stands at 32/100 (below-average quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Solarvest Holdings generated revenue of 757M MYR at a net margin of 10.5%. Revenue grew 19.5% year over year. It earns a return on equity of 13.7%. Net debt stands at 187M MYR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 0.9520 MYR (bear case) to 1.70 MYR (bull case); at 3.13 MYR, the current price sits above 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 8% below its 52-week high and 81% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -7% fair-value upside, at -58%, 0215 screens richer 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
Residual Income 0.7300 MYR 0.8000 MYR 1.26 MYR 76
ROIC Compounder 0.6500 MYR 0.7700 MYR 0.8900 MYR 72
Gordon GGM 0.0100 MYR 70
All 17 models by family
DCF Models
Owner Earnings 0.4700 MYR 1.16 MYR 2.55 MYR 31
Earnings-Based
Graham-Dodd 0.5600 MYR 3.94 MYR 5.53 MYR 54
Lynch FV 2.03 MYR 2.91 MYR 3.78 MYR 50
PEG = 1.0 2.03 MYR 2.91 MYR 3.78 MYR 46
EPV 0.6500 MYR 0.7700 MYR 0.8700 MYR 59
Dividend Discount
Gordon GGM 0.0100 MYR 70
DDM Multi-Stage 0.0100 MYR 61
Multiples
P/E Multiple 1.25 MYR 1.66 MYR 2.08 MYR 63
P/S Multiple 1.06 MYR 1.41 MYR 1.76 MYR 58
P/B Multiple 1.06 MYR 1.41 MYR 1.76 MYR 55
EV/EBIT 1.51 MYR 2.04 MYR 2.58 MYR 53
EV/EBITDA 1.21 MYR 1.65 MYR 2.09 MYR 54
EV/Revenue 0.9800 MYR 1.45 MYR 1.91 MYR 43
Asset-Based
NCAV (Graham) 0.4300 MYR 0.5700 MYR 0.8600 MYR 50
Economic Profit
Residual Income 0.7300 MYR 0.8000 MYR 1.26 MYR 76
ROIC Compounder 0.6500 MYR 0.7700 MYR 0.8900 MYR 72
Growth Earnings
Growth-Adj P/E 2.62 MYR 3.75 MYR 4.87 MYR 68

Widest divergence: Growth Earnings (3.75 MYR) versus Asset-Based (0.5700 MYR). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 757M MYR
Revenue growth (YoY) +19.5%
Net margin 10.5%
Return on equity 13.7%
Free cash flow −92.0M MYR FY2026
P/E ratio 32.0
More key figures
Operating margin 15.1%
EPS (TTM) 0.0900 MYR
EPS growth (YoY) -6.6%
Net debt 187M MYR FY2026

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

Quality Score breakdown

Overall quality 32/100

Of which business quality 33 · Market factors (momentum, volatility) 70

Profitability 37
Margins and returns on capital today
Quality Growth 54
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 23
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 70
Price trend over the last 3–12 months (market factor)
52W Momentum 73
Distance to the 52-week high (market factor)
Net Issuance 0
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

Solarvest Holdings Berhad, an investment holding company, provides engineering, procurement, construction, and commissioning (EPCC) solutions for solar photovoltaic systems to residential, commercial, and industrial properties.

Full company description

Solarvest Holdings Berhad, an investment holding company, provides engineering, procurement, construction, and commissioning (EPCC) solutions for solar photovoltaic systems to residential, commercial, and industrial properties. It operates through EPCC of Clean Energy, Renewable Energy Generation, Operations and Maintenance of Renewable Energy System, and Others segments. The company engages in the generation of solar energy solutions. It also provides renewable energy certificates; battery energy storage systems; and energy efficiency, green hydrogen, green data center, electric vehicle charging, and artificial intelligence of things solutions, as well as operation and maintenance services for clean energy. In addition, the company offers asset management, including solar financing and Fintech; solar project development, environmental commodities trading, and other green energy solutions; investment in solar PV plant; and solar leasing services. It has operations in Malaysia, the Philippines, Taiwan, Vietnam, Singapore, Indonesia, Brunei, and Thailand. The company was founded in 2012 and is based in Petaling Jaya, Malaysia.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Solarvest Holdings reported revenue of 757M MYR in FY2026 versus 176M MYR in FY2022, a compound +44.1%/yr. Reported net income was 79.8M MYR in FY2026, compounding +84.4%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
757M MYR
Latest YoY
+41.0%
Avg. growth/yr (3Y)
+27.5%
Avg. growth/yr (5Y)
+27.5%
Avg. growth/yr (10Y)
+35.9%
Revenue +44.1%/yr
FY22 176M MYR
FY23 366M MYR
FY24 497M MYR
FY25 537M MYR
FY26 757M MYR
Net income +84.4%/yr
FY22 6.9M MYR
FY23 19.7M MYR
FY24 32.6M MYR
FY25 51.9M MYR
FY26 79.8M MYR

0215 screens 58% overvalued. Compare with First Solar, Inc →

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Cite: Fair Value Calculator (2026). "Solarvest Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0215

Peer Group

Solar · 119 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 32 · Below median
Fair Value upside −58% · Bottom 25%
Return on equity (TTM) 14% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 11% · Top 25%
Operating margin (TTM) 15% · Top 25%
Revenue growth 20% · Above median
Debt / equity 0.42× · Higher than median

Valuation Multiples vs Solar median · lower = cheaper

P/E (TTM) 33.8× · Pricier than median
P/B 0.87× · Cheaper than median
P/S (TTM) 0.94× · Pricier than median
EV/EBITDA 5.8× · Cheaper than 75% of peers
PEG 0.68× · 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 0 · sector 22
FUTURE 98 · sector 0
PAST 55 · sector 0
HEALTH 79 · sector 85
DIVIDEND 0 · sector 14

VALUE 0: the price sits above our fair-value range.

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

Stock Price Fair Value vs Fair Value
First Solar, Inc FSLR $221.03 $284.45 +29%
Nextpower Inc NXT $111.50 $69.61 -38%
Waaree Energies Limited WAAREEENER ₹2,923 ₹3,613 +24%
Tongwei Co 600438 ¥13.08 ¥12.13 -7%
Jinko Solar Co 688223 ¥4.39 ¥4.75 +8%
Hengdian Group 002056 ¥21.64 ¥22.76 +5%
CSI Solar Co 688472 ¥10.11 ¥7.01 -31%
Enphase Energy, Inc ENPH $44.83 $22.20 -50%
Premier Energies Limited PREMIERENE ₹1,086 ₹912.32 -16%
Trina Solar Co 688599 ¥12.98 ¥7.97 -39%

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Frequently asked questions

Is Solarvest Holdings (0215) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 1.33 MYR versus a price of 3.13 MYR, about −58% (overvalued).
What is the fair value of 0215?
Our model-based fair value for Solarvest Holdings is 1.33 MYR (as of Jul 17, 2026), built from audited fundamentals. The current price is 3.13 MYR.
What is the quality score of 0215?
Solarvest Holdings has a Quality Score of 32/100. 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 Solarvest Holdings (0215)?
Solarvest Holdings reported trailing-twelve-month revenue of about 757M MYR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 0215?
The net profit margin of Solarvest Holdings is about 10.5%, meaning it keeps roughly 10.5% of revenue as net income. 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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