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Pappajack Berhad, an investment holding company, (0242) Fair Value & Analysis

Financial Services · MY · Market cap 698M MYR

PB Pappajack Berhad, an investment holding company, 0242 · KLSE
Price0.9050 MYR
Fair Value0.3500 MYR
Upside-61.3%
Quality46/100
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Expensive Growth
Highly profitable · 22.5% net margin
Low debt · negative free cash flow
2.00% dividend yield
Ranks above peers (9/13)
Wide moat 70/100
Evidence: High Range 0.3100 MYR – 0.5100 MYR Share as image

Fair value as of: Jul 18, 2026

From 9 valuation models · updated 23 days ago

Share price +0.6% over the past month.

Below-average quality, and screening another 61% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.5100 MYR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (46/100) and above fair value, neither a clear bargain nor a standout compounder.
  • For a financial, book-value and earnings-based methods matter more than a cash-flow DCF, which fits banks and insurers poorly.
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Price vs Fair Value (4 years)

1.05 MYR 0.3799 MYR Fair Value 0.3500 MYR Apr 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

52‑month range 0.3799 MYR – 1.05 MYR · fair‑value band 0.3100 MYR – 0.5100 MYR · the 0.9050 MYR price screens above the 0.3500 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Pappajack Berhad, an investment holding company, (0242) currently trades at 0.9050 MYR, while our model-based Fair Value estimate is 0.3500 MYR, implying the stock looks roughly 61.3% overvalued today. The Quality Score stands at 46/100 (below-average quality), in the Financial Services 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, Pappajack Berhad, an investment holding company, generated revenue of 137M MYR at a net margin of 22.5%. Revenue grew 10.2% year over year. It earns a return on equity of 11.1%. Net debt stands at 95.1M MYR. Fundamentals as of Jul 18, 2026

Our scenario range runs from 0.3100 MYR (bear case) to 0.5100 MYR (bull case); at 0.9050 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 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -41% fair-value upside, at -61%, 0242 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 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 0.3000 MYR 0.3300 MYR 0.4000 MYR 76
Gordon GGM 0.1200 MYR 0.2100 MYR 0.2900 MYR 70
P/E Multiple 0.3600 MYR 0.4800 MYR 0.5900 MYR 63
All 9 models by family
DCF Models
Owner Earnings 0.3100 MYR 0.6200 MYR 1.18 MYR 31
Earnings-Based
Graham-Dodd 0.2500 MYR 1.73 MYR 2.43 MYR 54
Lynch FV 0.8300 MYR 1.18 MYR 1.54 MYR 50
Dividend Discount
Gordon GGM 0.1200 MYR 0.2100 MYR 0.2900 MYR 70
DDM Multi-Stage 0.1200 MYR 0.1900 MYR 0.2200 MYR 61
Multiples
P/E Multiple 0.3600 MYR 0.4800 MYR 0.5900 MYR 63
P/B Multiple 0.3800 MYR 0.5100 MYR 0.6400 MYR 55
Asset-Based
NCAV (Graham) 0.1800 MYR 0.2400 MYR 0.3600 MYR 50
Economic Profit
Residual Income 0.3000 MYR 0.3300 MYR 0.4000 MYR 76

Widest divergence: Earnings-Based (1.18 MYR) versus Dividend Discount (0.1900 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 137M MYR
Revenue growth (YoY) +10.2%
Net margin 22.5%
Return on equity 11.1%
Free cash flow −61.7M MYR FY2025
P/E ratio 23.3
More key figures
Operating margin 39.8%
EPS (TTM) 0.0400 MYR
Dividend yield 1.9%
EPS growth (YoY) +45.0%
Net debt 95.1M MYR FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 46/100

Of which business quality 42 · Market factors (momentum, volatility) 54

Profitability 44
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 21
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 39
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 58
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

Pappajack Berhad, an investment holding company, operates licensed pawnshops in Malaysia. It provides pawnbroking services through a network of pawnbroking outlets. The company was founded in 2013 and is headquartered in Puchong, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Pappajack Berhad, an investment holding company, reported revenue of 134M MYR in FY2025 versus 54.1M MYR in FY2021, a compound +25.5%/yr. Reported net income was 28.1M MYR in FY2025, compounding +42.6%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
134M MYR
Latest YoY
+13.7%
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.
+24.2%
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.
+34.2%
Avg. growth/yr (7Y) 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.
+44.9%
Revenue +25.5%/yr
FY21 54.1M MYR
FY22 70.0M MYR
FY23 109M MYR
FY24 118M MYR
FY25 134M MYR
Net income +42.6%/yr
FY21 6.8M MYR
FY22 10.1M MYR
FY23 20.0M MYR
FY24 24.0M MYR
FY25 28.1M MYR

0242 screens 61% overvalued. Compare with Visa Inc →

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Cite: Fair Value Calculator (2026). "Pappajack Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/0242

Peer Group

Credit Services · 331 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 45 · Below median
Fair Value upside −61% · Bottom 25%
Return on equity (TTM) 11% · Above median
Return on assets 8% · Top 25%
Net margin (TTM) 22% · Above median
Operating margin (TTM) 40% · Above median
Revenue growth 10% · Above median
Dividend yield (TTM) 2.0% · Below median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Credit Services median · lower = cheaper

P/E (TTM) 22.8× · Pricier than median
P/B 0.61× · Cheaper than median
P/S (TTM) 1.25× · Cheaper than median
EV/EBITDA 2.9× · 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 37
FUTURE 51 · sector 39
PAST 45 · sector 32
HEALTH 100 · sector 58
DIVIDEND 40 · sector 51

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 Credit Services stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Visa Inc V $348.97 $204.19 -41%
Mastercard Incorporated MA $537.70 $221.87 -59%
American Express Company AXP $358.44 $206.40 -42%
Bajaj Finance Limited BAJFINANCE ₹1,056 ₹397.61 -62%
Shriram Finance Limited SHRIRAMFIN ₹1,024 ₹553.83 -46%
Cholamandalam Investment and Finance Company CHOLAFIN ₹1,808 ₹796.52 -56%
Tata Capital Limited TATACAP ₹360.60 ₹229.85 -36%
Power Finance Corporation PFC ₹405.10 ₹810.20 +100%
Muthoot Finance Limited MUTHOOTFIN ₹3,129 ₹3,463 +11%
Indian Railway Finance Corporation IRFC ₹88.41 ₹69.72 -21%

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Frequently asked questions

Is Pappajack Berhad, an investment holding company, (0242) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 0.3500 MYR versus a price of 0.9050 MYR, about −61% (overvalued).
What is the fair value of 0242?
Our model-based fair value for Pappajack Berhad, an investment holding company, is 0.3500 MYR (as of Jul 18, 2026), built from audited fundamentals. The current price is 0.9050 MYR.
What is the quality score of 0242?
Pappajack Berhad, an investment holding company, has a Quality Score of 46/100. 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 Pappajack Berhad, an investment holding company, (0242)?
Pappajack Berhad, an investment holding company, reported trailing-twelve-month revenue of about 137M MYR (latest available figure, as of Jul 18, 2026).
What is the net profit margin of 0242?
The net profit margin of Pappajack Berhad, an investment holding company, is about 22.5%, meaning it keeps roughly 22.5% of revenue as net income. Based on the latest reported figures.
Does Pappajack Berhad, an investment holding company, pay a dividend?
Pappajack Berhad, an investment holding company, currently shows a dividend yield of about 1.94% relative to its recent price (as of Jul 18, 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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