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Edelteq Holdings (0278) Fair Value & Analysis

Technology · MY · Market cap 193M MYR

EH Edelteq Holdings 0278 · KLSE
Price0.3500 MYR
Fair Value0.3315 MYR
Upside-5.3%
Quality35/100
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Expensive Growth
Thin margins · 3.5% net margin
Low debt · negative free cash flow
Ranks above peers (9/12)
Narrow moat 39/100
Evidence: High Range 0.1530 MYR – 0.4165 MYR Share as image

Fair value as of: Jul 13, 2026

From 17 valuation models · updated 28 days ago

Share price +6.1% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The model range is unusually wide (0.1530 MYR to 0.4165 MYR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
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Price vs Fair Value (3 years)

0.7240 MYR 0.1750 MYR Fair Value 0.3315 MYR Jun 2023 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

38‑month range 0.1750 MYR – 0.7240 MYR · fair‑value band 0.1530 MYR – 0.4165 MYR · the 0.3500 MYR price screens above the 0.3315 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.

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Analysis

Edelteq Holdings (0278) currently trades at 0.3500 MYR, while our model-based Fair Value estimate is 0.3315 MYR, implying the stock looks roughly 5.3% fairly valued today. The Quality Score stands at 35/100 (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, Edelteq Holdings generated revenue of 387M MYR at a net margin of 3.5%. Revenue grew 21.9% year over year. It earns a return on equity of 19.3%. Net debt stands at 75.5M MYR. Fundamentals as of Jul 13, 2026

Our scenario range runs from 0.1530 MYR (bear case) to 0.4165 MYR (bull case); at 0.3500 MYR, the current price sits within 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 38% below its 52-week high and 67% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -5%, 0278 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 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 0.1300 MYR 0.1600 MYR 0.4000 MYR 76
ROIC Compounder 0.2400 MYR 0.3200 MYR 0.3700 MYR 72
Gordon GGM 0.0100 MYR 0.0200 MYR 0.0300 MYR 70
All 17 models by family
DCF Models
Owner Earnings 0.2600 MYR 0.5000 MYR 0.9100 MYR 31
Earnings-Based
Graham-Dodd 0.1600 MYR 1.10 MYR 1.54 MYR 54
Lynch FV 0.5700 MYR 0.8100 MYR 1.05 MYR 50
PEG = 1.0 0.5700 MYR 0.8100 MYR 1.05 MYR 46
EPV 0.2000 MYR 0.2200 MYR 0.2400 MYR 59
Dividend Discount
Gordon GGM 0.0100 MYR 0.0200 MYR 0.0300 MYR 70
DDM Multi-Stage 0.0100 MYR 0.0200 MYR 0.0200 MYR 61
Multiples
P/E Multiple 0.3500 MYR 0.4600 MYR 0.5800 MYR 63
P/S Multiple 0.2900 MYR 0.3900 MYR 0.4900 MYR 58
P/B Multiple 0.2900 MYR 0.3900 MYR 0.4900 MYR 55
EV/EBIT 0.4400 MYR 0.5800 MYR 0.7200 MYR 53
EV/EBITDA 0.3500 MYR 0.4500 MYR 0.5600 MYR 54
EV/Revenue 0.3100 MYR 0.4300 MYR 0.5500 MYR 43
Asset-Based
NCAV (Graham) 0.0700 MYR 0.1000 MYR 0.1400 MYR 50
Economic Profit
Residual Income 0.1300 MYR 0.1600 MYR 0.4000 MYR 76
ROIC Compounder 0.2400 MYR 0.3200 MYR 0.3700 MYR 72
Growth Earnings
Growth-Adj P/E 0.7300 MYR 1.04 MYR 1.36 MYR 68

Widest divergence: Growth Earnings (1.04 MYR) versus Dividend Discount (0.0200 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 387M MYR
Revenue growth (YoY) +21.9%
Net margin 3.5%
Return on equity 19.3%
Free cash flow −72.3M MYR FY2025
P/E ratio 16.0
More key figures
Operating margin 1.7%
EPS (TTM) 0.0200 MYR
EPS growth (YoY) -23.4%
Net debt 75.5M MYR FY2025

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

Quality Score breakdown

Overall quality 35/100

Of which business quality 35 · Market factors (momentum, volatility) 25

Profitability 45
Margins and returns on capital today
Quality Growth 64
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 33
Disciplined investing over empire-building
Low Volatility 18
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 25
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

Edelteq Holdings Berhad, an investment holding company, provides engineering support for integrated circuit (IC) assembly and test processes in Malaysia, Singapore, Thailand, Japan, the United States, and internationally. It operates through the Semiconductor Consumables and Materials (SCM); and the Semiconductor Equipment and Automation (SEA) segments.

Full company description

Edelteq Holdings Berhad, an investment holding company, provides engineering support for integrated circuit (IC) assembly and test processes in Malaysia, Singapore, Thailand, Japan, the United States, and internationally. It operates through the Semiconductor Consumables and Materials (SCM); and the Semiconductor Equipment and Automation (SEA) segments. The SCM segment engages in the design and assembly of IC burn-in boards and the supply of printed circuit board; supply and refurbishment of IC assembly and test consumables; and trade of industrial materials. Its SEA segment is involved in the design, development, and assembly of automated test equipment and factory automation. The company also engages in the trade of operating supplies, spare parts, and tools for IC assembly and testing; and the supply of value-add services. It serves integrated design manufacturers, outsourced semiconductor assembly and testing companies, original equipment manufacturers, and electronics manufacturing service providers. The company was formerly known as Edelteq Holdings Sdn Bhd. and changed its name to Edelteq Holdings Berhad in September 2022. Edelteq Holdings Berhad was incorporated in 2019 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

Edelteq Holdings reported revenue of 367M MYR in FY2025 versus 24.0M MYR in FY2021, a compound +97.9%/yr. Reported net income was 13.5M MYR in FY2025, compounding +10.7%/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)
367M MYR
Latest YoY
+699.9%
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.
+147.0%
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.
+85.6%
Revenue +97.9%/yr
FY21 24.0M MYR
FY22 24.4M MYR
FY23 24.4M MYR
FY24 45.9M MYR
FY25 367M MYR
Net income +10.7%/yr
FY21 9.0M MYR
FY22 5.4M MYR
FY23 4.0M MYR
FY24 4.0M MYR
FY25 13.5M MYR

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Cite: Fair Value Calculator (2026). "Edelteq Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0278

Peer Group

Semiconductors · 318 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 35 · Bottom 25%
Fair Value upside −5% · Top 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 4% · Above median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth 22% · Above median
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Semiconductors median · lower = cheaper

P/E (TTM) 16.5× · Cheaper than 75% of peers
P/B 0.57× · Cheaper than 75% of peers
P/S (TTM) 0.12× · Cheaper than 75% of peers
EV/EBITDA 2.0× · 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 26 · sector 0
FUTURE 100 · sector 60
PAST 77 · sector 25
HEALTH 97 · sector 97
DIVIDEND 0 · sector 22

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 Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $211.80 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSM $398.37 $207.49 -48%
Broadcom Inc 1AVGO €367.75 €121.25 -67%
Micron Technology, Inc 1MU €784.90 €185.67 -76%
SK hynix Inc 000660 2,082,000 KRW 1,109,311 KRW -47%
Advanced Micro Devices, Inc 1AMD €425.20 €56.33 -87%
Intel Corporation INTC C$68.40 C$9.82 -86%
Texas Instruments Incorporated TXN $311.46 $59.75 -81%
MediaTek Inc 2454 3,740 TWD 1,163 TWD -69%
SK Square Co 402340 1,212,000 KRW 868,000 KRW -28%

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Frequently asked questions

Is Edelteq Holdings (0278) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of 0.3315 MYR versus a price of 0.3500 MYR, about −5% (fairly valued).
What is the fair value of 0278?
Our model-based fair value for Edelteq Holdings is 0.3315 MYR (as of Jul 13, 2026), built from audited fundamentals. The current price is 0.3500 MYR.
What is the quality score of 0278?
Edelteq Holdings has a Quality Score of 35/100. 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 Edelteq Holdings (0278)?
Edelteq Holdings reported trailing-twelve-month revenue of about 387M MYR (latest available figure, as of Jul 13, 2026).
What is the net profit margin of 0278?
The net profit margin of Edelteq Holdings is about 3.5%, meaning it keeps roughly 3.5% 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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