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Cnergenz Berhad, an investment holding company, (0246) Fair Value & Analysis

Industrials · MY · Market cap 299M MYR

CB Cnergenz Berhad, an investment holding company, 0246 · KLSE
Price0.6700 MYR
Fair Value0.1300 MYR
Upside-80.6%
Quality49/100
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Weak Growth
Thin margins · 1.7% net margin
negative free cash flow
Trails peers (3/9)
Narrow moat 21/100
Evidence: Medium Range 0.1000 MYR – 0.1600 MYR Share as image

Fair value as of: Jul 13, 2026

From 9 valuation models · updated 28 days ago

Share price +11.7% over the past month.

Below-average quality, and screening another 81% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.1600 MYR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (49/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (4 years)

1.07 MYR 0.2550 MYR Fair Value 0.1300 MYR May 2022 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

51‑month range 0.2550 MYR – 1.07 MYR · fair‑value band 0.1000 MYR – 0.1600 MYR · the 0.6700 MYR price screens above the 0.1300 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

Full chart & analysis →

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Analysis

Cnergenz Berhad, an investment holding company, (0246) currently trades at 0.6700 MYR, while our model-based Fair Value estimate is 0.1300 MYR, implying the stock looks roughly 80.6% overvalued today. The Quality Score stands at 49/100 (below-average quality), in the Industrials 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: medium).

Over the trailing twelve months, Cnergenz Berhad, an investment holding company, generated revenue of 123M MYR at a net margin of 1.7%. Revenue grew 43.5% year over year. It earns a return on equity of 0.9%. Fundamentals as of Jul 13, 2026

Our scenario range runs from 0.1000 MYR (bear case) to 0.1600 MYR (bull case); at 0.6700 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 near its 52-week high and 144% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at -81%, 0246 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 0.2000 MYR 0.1800 MYR 0.1200 MYR 76
Growth-Adj P/E 0.0700 MYR 0.1000 MYR 0.1200 MYR 68
P/E Multiple 0.1000 MYR 0.1300 MYR 0.1600 MYR 63
All 9 models by family
DCF Models
Owner Earnings 0.2600 MYR 0.2800 MYR 0.3100 MYR 31
Earnings-Based
Graham-Dodd 0.0400 MYR 0.0500 MYR 0.0600 MYR 54
Multiples
P/E Multiple 0.1000 MYR 0.1300 MYR 0.1600 MYR 63
P/S Multiple 0.0800 MYR 0.1000 MYR 0.1300 MYR 58
P/B Multiple 0.0800 MYR 0.1000 MYR 0.1300 MYR 55
EV/EBITDA 0.2600 MYR 0.2800 MYR 0.3000 MYR 54
Asset-Based
NCAV (Graham) 0.1600 MYR 0.2100 MYR 0.3200 MYR 50
Economic Profit
Residual Income 0.2000 MYR 0.1800 MYR 0.1200 MYR 76
Growth Earnings
Growth-Adj P/E 0.0700 MYR 0.1000 MYR 0.1200 MYR 68

Widest divergence: DCF Models (0.2800 MYR) versus Earnings-Based (0.0500 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 123M MYR
Revenue growth (YoY) +43.5%
Net margin 1.7%
Return on equity 0.9%
Free cash flow −2.2M MYR FY2025
Operating margin -5.6%
More key figures
EPS growth (YoY) +72.9%

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 49/100

Of which business quality 50 · Market factors (momentum, volatility) 83

Profitability 23
Margins and returns on capital today
Quality Growth 4
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 49
Calm price path (market factor)
Momentum 96
Price trend over the last 3–12 months (market factor)
52W Momentum 100
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

Cnergenz Berhad, an investment holding company, provides electronics manufacturing solutions in Malaysia, Thailand, Vietnam, rest of Asia, and internationally. The company offers surface mount technology (SMT) manufacturing solutions. It also sells SMT machines, automated and semi-automated equipment, spare parts, and consumables.

Full company description

Cnergenz Berhad, an investment holding company, provides electronics manufacturing solutions in Malaysia, Thailand, Vietnam, rest of Asia, and internationally. The company offers surface mount technology (SMT) manufacturing solutions. It also sells SMT machines, automated and semi-automated equipment, spare parts, and consumables. In addition, the company provides repair, maintenance, training, and after-sales technical support services, as well as technology solutions. It serves electronics and semiconductor companies. Cnergenz Berhad was founded in 2004 and is headquartered in Bukit Mertajam, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cnergenz Berhad, an investment holding company, reported revenue of 115M MYR in FY2025 versus 153M MYR in FY2021, a compound −6.9%/yr. Reported net income was 3.0M MYR in FY2025, compounding −30.7%/yr from FY2021.

Growth Quality 14/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
115M MYR
Latest YoY
−10.9%
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.
−19.1%
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.
−2.9%
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.
−6.8%
Revenue −6.9%/yr
FY21 153M MYR
FY22 217M MYR
FY23 162M MYR
FY24 129M MYR
FY25 115M MYR
Net income −30.7%/yr
FY21 13.1M MYR
FY22 21.7M MYR
FY23 14.2M MYR
FY24 11.4M MYR
FY25 3.0M MYR

0246 screens 81% overvalued. Compare with Contemporary Amperex Technology Co →

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Cite: Fair Value Calculator (2026). "Cnergenz Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/0246

Peer Group

Electrical Equipment & Parts · 526 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 49 · Below median
Fair Value upside −81% · Bottom 25%
Return on equity (TTM) 1% · Bottom 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) 2% · Below median
Operating margin (TTM) -6% · Bottom 25%
Revenue growth 44% · Top 25%

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/B 0.46× · Cheaper than 75% of peers
P/S (TTM) 0.59× · 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 100 · sector 57
PAST 3 · sector 26
HEALTH 0 · sector 97
DIVIDEND 0 · sector 18

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Cnergenz Berhad, an investment holding company, (0246) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of 0.1300 MYR versus a price of 0.6700 MYR, about −81% (overvalued).
What is the fair value of 0246?
Our model-based fair value for Cnergenz Berhad, an investment holding company, is 0.1300 MYR (as of Jul 13, 2026), built from audited fundamentals. The current price is 0.6700 MYR.
What is the quality score of 0246?
Cnergenz Berhad, an investment holding company, has a Quality Score of 49/100. 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 Cnergenz Berhad, an investment holding company, (0246)?
Cnergenz Berhad, an investment holding company, reported trailing-twelve-month revenue of about 123M MYR (latest available figure, as of Jul 13, 2026).
What is the net profit margin of 0246?
The net profit margin of Cnergenz Berhad, an investment holding company, is about 1.7%, meaning it keeps roughly 1.7% 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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