AGX Group Berhad (0299) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of AGX Group Berhad stock MYR 0.60, price MYR 0.45, upside +34.3%, quality 55 out of 100. Rating: undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 9, 2026.
How to read this chart
33‑month range 0.2333 MYR – 0.5868 MYR · fair‑value band 0.3118 MYR – 0.7535 MYR · the 0.4450 MYR price screens below the 0.5976 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 9, 2026.
Follow AGX Group Berhad in your weekly email
Every Wednesday you see whether AGX Group Berhad is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
AGX Group Berhad, through its subsidiaries, provides third-party logistics services in Malaysia, Singapore, the Philippines, Myanmar, Korea, Vietnam, Cambodia, Thailand, and China.
Show moreShow less
It offers logistics services, such as aerospace logistics for airlines, aircraft maintenance, repair and overhaul workshops, and original equipment manufacturers; and air freight and sea freight forwarding.
The company also provides warehousing and 3PL services, including inventory management, distribution, and value-added services through a network of warehouses; and road freight transportation for domestic and cross-border cargo movement.
AGX Group Berhad was founded in 2004 and is headquartered in Subang Jaya, Malaysia.
Stock analysis
AGX Group Berhad (0299) currently trades at 0.4450 MYR, while our model-based Fair Value estimate is 0.5976 MYR, implying the stock looks roughly 26% undervalued today.
Show more
Valuation
Bull case: the Growth Earnings group reads highest at a median of 0.8500 MYR per share, and 19 of the 26 models we run sit above the 0.4450 MYR price.
Bear case: the Asset-Based group reads lowest at 0.1000 MYR, and 7 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.3118 MYR (bear) to 0.7535 MYR (bull), the price of 0.4450 MYR sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 55/100 (solid quality), in the Industrials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
AGX Group Berhad reported revenue of 291M MYR in FY2025 versus 193M MYR in FY2021, a compound +10.7%/yr. Reported net income was 14.3M MYR in FY2025, compounding +24.6%/yr from FY2021.
Key figures
Market cap 193M MYR (≈ $47.5M) Micro · P/E ratio 14.8 · P/S ratio 0.56 · EPS (TTM) 0.0300 MYR · Dividend yield 2.0% · Net margin 4.3% · Return on equity 14.8% · Return on assets (EBIT) 12.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 24% below its 52-week high and 18% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at 34%, 0299 screens cheaper than that median.
Fair Value models
Bear0.3118 MYRFair Value 0.5976 MYRBull0.7535 MYR
Price 0.4450 MYR · Upside +34.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then (0.0300 MYR per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Best data coverage
FCF DCF0.2200 MYR0.3600 MYR0.7200 MYR76
Growth DCF0.2100 MYR0.3900 MYR0.7000 MYR75
Residual Income0.2200 MYR0.2800 MYR0.4200 MYR75
All 26 models by family
DCF Models
FCF DCF0.2200 MYR0.3600 MYR0.7200 MYR76
Owner Earnings0.4000 MYR0.8000 MYR1.58 MYR72
5Y Revenue Exit0.3500 MYR0.6900 MYR1.24 MYR69
5Y EBITDA Exit0.5200 MYR1.06 MYR1.89 MYR72
5Y P/E Exit0.4300 MYR0.9000 MYR1.49 MYR68
10Y Revenue Exit0.2900 MYR0.6200 MYR1.13 MYR63
10Y EBITDA Exit0.4200 MYR0.9200 MYR1.81 MYR64
10Y P/E Exit0.3600 MYR0.7700 MYR1.45 MYR60
Earnings-Based
Graham-Dodd0.2200 MYR1.45 MYR2.03 MYR63
Lynch FV0.4200 MYR0.6000 MYR0.7800 MYR61
PEG = 1.00.4200 MYR0.6000 MYR0.7800 MYR57
EPV0.3100 MYR0.3600 MYR0.4000 MYR71
Dividend Discount
Gordon GGM0.0800 MYR0.1500 MYR0.2300 MYR67
DDM Multi-Stage0.0800 MYR0.1300 MYR0.1600 MYR67
Multiples
P/E Multiple0.5200 MYR0.6900 MYR0.8700 MYR63
P/S Multiple0.4200 MYR0.5600 MYR0.7000 MYR58
P/B Multiple0.7800 MYR1.04 MYR1.31 MYR55
EV/EBIT0.5100 MYR0.6800 MYR0.8500 MYR66
EV/EBITDA0.6400 MYR0.8600 MYR1.07 MYR67
EV/Revenue0.3600 MYR0.5200 MYR0.6700 MYR53
Asset-Based
NCAV (Graham)0.0700 MYR0.1000 MYR0.1300 MYR54
Growth DCF
Growth DCF0.2100 MYR0.3900 MYR0.7000 MYR75
Rev-Margin DCF0.3500 MYR0.6800 MYR1.17 MYR70
Economic Profit
Residual Income0.2200 MYR0.2800 MYR0.4200 MYR75
ROIC Compounder0.3600 MYR0.5100 MYR0.6400 MYR72
Growth Earnings
Growth-Adj P/E0.5900 MYR0.8500 MYR1.10 MYR67
The fair value above starts from this blend and is adjusted for a cyclical peak year.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+21.9%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+7.4%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+18.9%
Start year 2020 (pandemic)
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 5 years), in MYR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+36.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+34.5%
Dividend (yield on the price)2.0%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.4% → 6%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+26.7%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Malaysia: IMF forecast 2.0% a year to 2030, 1.8% from 2016 to 2025) that is about +24.2% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Integrated Freight & Logistics · 210 stocks
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "AGX Group Berhad Fair Value". https://www.fairvalue-calculator.com/stock/0299
Frequently asked questions
Is AGX Group Berhad (0299) overvalued or undervalued?
As of Nov 9, 2026, our model estimates a fair value of 0.5976 MYR versus a price of 0.4450 MYR, about +34% upside (undervalued).
What is the fair value of 0299?
Our model-based fair value for AGX Group Berhad is 0.5976 MYR (as of Nov 9, 2026), built from audited fundamentals. The current price: 0.4450 MYR.
What is the quality score of 0299?
AGX Group Berhad has a Quality Score of 55/100. 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 price target for AGX Group Berhad (0299)?
Our model-based price target is the fair value of 0.5976 MYR (as of Nov 9, 2026) from 26 valuation models. Cautious scenario 0.3118 MYR, optimistic scenario 0.7535 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the AGX Group Berhad stock forecast for 2026?
Our models put fair value at 0.5976 MYR, about +34% upside versus a price of 0.4450 MYR (undervalued). Cautious scenario 0.3118 MYR, optimistic scenario 0.7535 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of AGX Group Berhad (0299)?
AGX Group Berhad reported trailing-twelve-month revenue of about 345M MYR (latest available figure, as of Nov 9, 2026).
Does AGX Group Berhad pay a dividend?
AGX Group Berhad currently shows a dividend yield of 2.00% relative to its recent price (as of Nov 9, 2026).
How much is the dividend of AGX Group Berhad (0299)?
AGX Group Berhad has a dividend yield of 2.0%.
What growth is priced into AGX Group Berhad (0299)?
For today's price to be fair in a discounted-cash-flow model, AGX Group Berhad would have to grow free cash flow by +26.7 % per year for five years (discount rate 9.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +18.9 % per year. As of Nov 9, 2026.
What discount rate (WACC) does the fair value of 0299 use?
Our models discount AGX Group Berhad at 9.7 %: a base by market capitalisation (nano), damped by beta 0.17, country premium for Malaysia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For AGX Group Berhad that is +26.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.7 %) and the same formula as our fair value.
How much growth has AGX Group Berhad (0299) delivered so far?
Over the past 5 years revenue at AGX Group Berhad grew +18.9 % a year. The price currently implies free-cash-flow growth of +26.7 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of AGX Group Berhad (0299) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into AGX Group Berhad (+26.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of AGX Group Berhad (0299)?
The free-cash-flow yield on the price is 2.05 %: that much free cash flow AGX Group Berhad produces per unit of market value. When it exceeds the discount rate of our models (9.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of AGX Group Berhad (0299)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For AGX Group Berhad it is 0.5976 MYR per share (as of Nov 9, 2026), against a price of 0.4450 MYR. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is AGX Group Berhad stock overvalued or undervalued in 2026?
As of Nov 9, 2026, 0299 trades below its calculated fair value: price 0.4450 MYR, fair value 0.5976 MYR, a gap of about +34% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0299?
No. The price is what the market pays today (0.4450 MYR); the fair value is what the company's own numbers justify (0.5976 MYR). For AGX Group Berhad the two are 0.1526 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is AGX Group Berhad worth?
The market values AGX Group Berhad at about 193M MYR (market capitalisation, as of Nov 9, 2026). Per share that is 0.4450 MYR; our models calculate a fair value of 0.5976 MYR per share.
What do the bullish and bearish scenarios say about 0299?
Our models span a range for AGX Group Berhad: cautious scenario 0.3118 MYR, base 0.5976 MYR, optimistic 0.7535 MYR per share (as of Nov 9, 2026, price 0.4450 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0299?
AGX Group Berhad trades at a price-to-earnings ratio of 14.8 (as of Nov 9, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.5976 MYR is built from several models across several years. Other multiples: P/B 1.9, P/S 0.6, EV/EBITDA 7.9.
How solid is the balance sheet of AGX Group Berhad (0299)?
Balance-sheet figures for AGX Group Berhad (as of Nov 9, 2026): return on equity 14.8%, debt of 0.03 per unit of equity. They feed the Quality Score of 55/100, which measures business quality independently of the share price.
How far is 0299 from its 52-week high?
AGX Group Berhad trades at 0.4450 MYR, about 24% below its 52-week high of 0.5868 MYR and 18% above the low of 0.3769 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 0.5976 MYR is for.
Which stocks are comparable to AGX Group Berhad?
From the same area (Industrials) we also value United Parcel Service, Inc, FedEx Corporation, Deutsche Post AG, DSV A/S, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is AGX Group Berhad stock attractive at the current price?
The data as of Nov 9, 2026: price 0.4450 MYR, calculated fair value 0.5976 MYR (+34%), Quality Score 55/100, from 26 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0299 calculated?
We run AGX Group Berhad through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 0.5976 MYR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. AGX Group Berhad currently trades 26% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of AGX Group Berhad (0299)?
The closing price on Nov 6, 2026 was 0.4450 MYR. Our model-based fair value is 0.5976 MYR, about +34% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with AGX Group Berhad right now?
The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (0.3118 MYR to 0.7535 MYR) leaves room in how you read the outcome.
Key figures of AGX Group Berhad
How large is the market capitalisation of AGX Group Berhad (0299)?
The market capitalisation of AGX Group Berhad is 193M MYR (≈ $47.5M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of AGX Group Berhad (0299)?
The price-to-sales ratio of AGX Group Berhad is 0.56 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of AGX Group Berhad (0299)?
Earnings per share at AGX Group Berhad are 0.0300 MYR (price ÷ EPS = P/E 14.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of AGX Group Berhad (0299)?
The dividend yield of AGX Group Berhad is 2.0% (payout 29.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of AGX Group Berhad (0299)?
The net margin of AGX Group Berhad is 4.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of AGX Group Berhad (0299)?
The return on equity (ROE) of AGX Group Berhad is 14.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of AGX Group Berhad (0299)?
On an EBIT basis the return on assets of AGX Group Berhad is 12.2% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of AGX Group Berhad (0299)?
The operating margin of AGX Group Berhad is 6.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at AGX Group Berhad (0299)?
Revenue at AGX Group Berhad is growing +46.7% versus a year earlier (3y avg +7.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at AGX Group Berhad (0299)?
Earnings per share at AGX Group Berhad are growing +29.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does AGX Group Berhad (0299) carry?
The net debt of AGX Group Berhad is 3.6M MYR (fiscal year 2025, ≈ 0.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch AGX Group Berhad in the live analysis
One click puts AGX Group Berhad on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 9, 2026