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SSF Home Group (0287) Fair Value & Analysis

Consumer Cyclical · MY · Market cap 308M MYR

SH SSF Home Group 0287 · KLSE
Price0.3700 MYR
Fair Value0.2300 MYR
Upside-37.8%
Quality68/100
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Weak Growth
Thin margins · 5.5% net margin
generates free cash flow
Ranks above peers (9/13)
Moderate moat 45/100
Evidence: High Range 0.1700 MYR – 0.2900 MYR Share as image

Fair value as of: Jul 11, 2026

From 14 valuation models · updated 29 days ago

Fair value updated Jul 11, 2026, revised from 0.1500 MYR to 0.2300 MYR (+53.3%) since Jul 6, 2026. Share price −3.9% over the past month.

A solid business, but screening 38% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.2900 MYR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (68/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (3 years)

0.4200 MYR 0.2153 MYR Fair Value 0.2300 MYR Oct 2023 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

34‑month range 0.2153 MYR – 0.4200 MYR · fair‑value band 0.1700 MYR – 0.2900 MYR · the 0.3700 MYR price screens above the 0.2300 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

SSF Home Group (0287) currently trades at 0.3700 MYR, while our model-based Fair Value estimate is 0.2300 MYR, implying the stock looks roughly 37.8% overvalued today. The Quality Score stands at 68/100 (solid quality), in the Consumer Cyclical 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, SSF Home Group generated revenue of 160M MYR at a net margin of 5.1%. Revenue grew 9.2% year over year. It earns a return on equity of 5.0%. The stock trades on a trailing P/E of 39.0. Fundamentals as of Jul 11, 2026

Our scenario range runs from 0.1700 MYR (bear case) to 0.2900 MYR (bull case); at 0.3700 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 12% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -24% fair-value upside, at -38%, 0287 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 0.1600 MYR 0.1500 MYR 0.1400 MYR 76
Growth DCF 0.3100 MYR 0.4000 MYR 0.5300 MYR 72
Rev-Margin DCF 0.2200 MYR 0.2900 MYR 0.3800 MYR 67
All 14 models by family
DCF Models
FCF DCF 0.3000 MYR 0.3900 MYR 0.5400 MYR 38
5Y Revenue Exit 0.2200 MYR 0.2800 MYR 0.3800 MYR 39
5Y EBITDA Exit 0.3800 MYR 0.5700 MYR 0.8100 MYR 41
10Y Revenue Exit 0.2500 MYR 0.3000 MYR 0.3500 MYR 36
10Y EBITDA Exit 0.3500 MYR 0.4600 MYR 0.5800 MYR 37
Multiples
P/S Multiple 0.1500 MYR 0.2000 MYR 0.2400 MYR 58
P/B Multiple 0.1500 MYR 0.2000 MYR 0.2400 MYR 55
EV/EBIT 0.2900 MYR 0.3800 MYR 0.4700 MYR 53
EV/EBITDA 0.5200 MYR 0.6800 MYR 0.8500 MYR 54
EV/Revenue 0.1600 MYR 0.2300 MYR 0.2900 MYR 43
Asset-Based
NCAV (Graham) 0.1100 MYR 0.1400 MYR 0.2100 MYR 50
Growth DCF
Growth DCF 0.3100 MYR 0.4000 MYR 0.5300 MYR 72
Rev-Margin DCF 0.2200 MYR 0.2900 MYR 0.3800 MYR 67
Economic Profit
Residual Income 0.1600 MYR 0.1500 MYR 0.1400 MYR 76

Widest divergence: DCF Models (0.3900 MYR) versus Asset-Based (0.1400 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 168M MYR
Revenue growth (YoY) +15.0%
Net margin 5.5%
Return on equity 5.5%
Free cash flow 28.6M MYR FY2026
P/E ratio 38.5
More key figures
Operating margin 17.8%
EPS (TTM) 0.0100 MYR
EPS growth (YoY) +17.3%

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 68/100

Of which business quality 67 · Market factors (momentum, volatility) 51

Profitability 39
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 84
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 74
Disciplined investing over empire-building
Low Volatility 89
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 35
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

SSF Home Group Berhad, an investment holding company, engages in the retail of furniture, home décor, and home living products in Malaysia.

Full company description

SSF Home Group Berhad, an investment holding company, engages in the retail of furniture, home décor, and home living products in Malaysia. It offers furniture, including armchair, swivel chair, rocking chair, cabinet and rack, chair, recliner, shelves, sofa, stool, bench and ottoman, table and desk, and dining set; bed frame, mattress, bedding set, pillow and bolster, cushion, quilt, duvet, and blanket; artificial flower, plants, trees, vases, and planters; and home decoration, such as candle, home fragrance, mirror, artificial fruit, table calendar, vase and porcelain, photo frame, mini fountain, tissue box, tray and basket, sculpture and statue, bookend storage, and mini chest and box. The company also provides storage and organizer, waste bin, laundry, hardware, cleaning tools, and umbrella stand; kitchen ware, such as food storage, serveware, drinkware, cutlery and utensil, kitchen linen, serving cart, and dishwashing; bathroom organizer, linen, and personal care products; rug and mat; curtain and accessories; lighting; clocks; wall arts; electrical; toys; and luggage and bags, which include duffel, tote, and hand bag, as well as backpacks. In addition, it engages in the licensing and trademark management business. The company offers its products through its retail outlets and an e-commerce website. The company was founded in 1989 and is headquartered in Shah Alam, Malaysia.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

SSF Home Group reported revenue of 168M MYR in FY2026 versus 161M MYR in FY2022, a compound +1.0%/yr. Reported net income was 9.2M MYR in FY2026, compounding −13.8%/yr from FY2022.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
168M MYR
Latest YoY
+9.9%
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.
−1.4%
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.
−4.2%
Avg. growth/yr (6Y) 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.
+4.4%
Revenue +1.0%/yr
FY22 161M MYR
FY23 175M MYR
FY24 159M MYR
FY25 153M MYR
FY26 168M MYR
Net income −13.8%/yr
FY22 16.6M MYR
FY23 16.1M MYR
FY24 7.2M MYR
FY25 5.9M MYR
FY26 9.2M MYR

0287 screens 38% overvalued. Compare with Casey's General Stores, Inc →

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Cite: Fair Value Calculator (2026). "SSF Home Group Fair Value". https://www.fairvalue-calculator.com/stock/0287

Peer Group

Specialty Retail · 221 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 67 · Top 25%
Fair Value upside −38% · Below median
Return on equity (TTM) 5% · Below median
Return on assets 4% · Above median
Net margin (TTM) 5% · Above median
Operating margin (TTM) 18% · Top 25%
Revenue growth 15% · Top 25%
Dividend yield (TTM) 0.0% · Bottom 25%

Valuation Multiples vs Specialty Retail median · lower = cheaper

P/E (TTM) 38.5× · Pricier than 75% of peers
P/B 0.44× · Cheaper than 75% of peers
P/S (TTM) 0.45× · Cheaper than median
P/FCF 2.6× · Cheaper than median
EV/EBITDA 3.2× · 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 29
FUTURE 75 · sector 23
PAST 22 · sector 27
HEALTH 0 · sector 94
DIVIDEND 0 · 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 Specialty Retail stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Casey's General Stores, Inc CASY $827.04 $405.44 -51%
Williams-Sonoma, Inc WSM $222.84 $164.16 -26%
Ulta Beauty, Inc ULTA $479.57 $488.39 +2%
DICK'S Sporting Goods, Inc DKS $208.89 $181.10 -13%
Best Buy Co BBY $83.98 $109.12 +30%
China Tourism Group 601888 ¥52.90 ¥40.40 -24%
Tractor Supply Company TSCO $31.01 $35.52 +15%
Murphy USA Inc MUSA $618.57 $423.35 -32%
Five Below, Inc FIVE $197.71 $117.29 -41%
Taiwan Mobile Co 3045 110.50 TWD 80.98 TWD -27%

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Frequently asked questions

Is SSF Home Group (0287) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 0.2300 MYR versus a price of 0.3700 MYR, about −38% (overvalued).
What is the fair value of 0287?
Our model-based fair value for SSF Home Group is 0.2300 MYR (as of Jul 11, 2026), built from audited fundamentals. The current price is 0.3700 MYR.
What is the quality score of 0287?
SSF Home Group has a Quality Score of 68/100. 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 SSF Home Group (0287)?
SSF Home Group reported trailing-twelve-month revenue of about 160M MYR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 0287?
The net profit margin of SSF Home Group is about 5.1%, meaning it keeps roughly 5.1% 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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