Farm Price Holdings Berhad (0304) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Farm Price Holdings Berhad MYR 0.34, price MYR 0.36, upside -4.2%, quality 49 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Farm Price Holdings Berhad for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
28‑month range 0.2950 MYR – 0.7150 MYR · fair‑value band 0.2400 MYR – 0.4400 MYR · the 0.3550 MYR price screens above the 0.3400 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Farm Price Holdings Berhad in your weekly email
Every Wednesday you see whether Farm Price Holdings 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.
Farm Price Holdings Berhad, an investment holding company, primarily engages in the wholesale distribution of fresh vegetables in Malaysia and Singapore. The company operates through two segments: Wholesale Distribution and Retail. It offers whole, prepacked, and fresh-cut vegetables to wholesalers, retailers, food service operators, and manufacturers.
Show more
Farm Price Holdings Berhad, an investment holding company, primarily engages in the wholesale distribution of fresh vegetables in Malaysia and Singapore. The company operates through two segments: Wholesale Distribution and Retail. It offers whole, prepacked, and fresh-cut vegetables to wholesalers, retailers, food service operators, and manufacturers. The company is also involved in the wholesale distribution of food and beverage (F&B) products, including packaged beverages, spices and seasonings, and other food products, as well as personal care products to retailers. In addition, the company operates Mamaku, a retail store that sells fresh vegetables, F&B products, and other groceries located in Ulu Tiram, Johor. Further, it is involved in the provision of warehousing and storage services; collection, packaging and processing of vegetables; export and import of fresh and preserved vegetables and fruits; and retail of vegetables and fruits. The company was formerly known as Farm Price Holdings Sdn Bhd and changed its name to Farm Price Holdings Berhad in June 2023. The company was incorporated in 2023 and is headquartered in Kulai, Malaysia. Farm Price Holdings Berhad is a subsidiary of Tlc Consolidation Sdn. Bhd.
Stock analysis
Farm Price Holdings Berhad (0304) currently trades at 0.3550 MYR, while our model-based Fair Value estimate is 0.3400 MYR, implying the stock looks roughly 4.4% fairly valued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 0.3600 MYR per share, and 5 of the 14 models we run sit above the 0.3550 MYR price.
Bear case: the Asset-Based group reads lowest at 0.1000 MYR, and 9 of the 14 models stay below the price. Evidence for this calculation is low.
Scenario range: 0.2400 MYR (bear) to 0.4400 MYR (bull), the price of 0.3550 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 49/100 (below-average quality), in the Consumer Defensive sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Farm Price Holdings Berhad reported revenue of 129M MYR in FY2025 versus 82.0M MYR in FY2021, a compound +11.9%/yr. Reported net income was 9.1M MYR in FY2025, compounding +30.8%/yr from FY2021.
Key figures
Market cap 160M MYR (≈ $39.2M) · P/E ratio 17.8 · P/S ratio 1.26 · EPS (TTM) 0.0200 MYR · Net margin 7.1% · Return on equity 14.0% · Return on assets (EBIT) 12.9% · Operating margin 10.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 21% below its 52-week high and 20% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −10% fair-value upside, at −4%, 0304 screens cheaper than that median.
Fair Value models
Bear 0.2400 MYRFair Value 0.3400 MYRBull 0.4400 MYR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.0146 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.Evidence ⓘEvidence = 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.
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.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+4.6%
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.
+10.9%
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.
+11.8%
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.
+25.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year+25.0%
Dividend (yield on the price)0.0%
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.6% → 9%
Compare Farm Price Holdings Berhad with another stock
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.Food Distribution · 85 stocks
Beats the industry median on 9/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score49 · Below median
Fair Value upside+5% · Above median
Profitability
Return on equity (TTM)14% · Above median
Return on assets8% · Top 25%
Net margin (TTM)7% · Top 25%
Operating margin (TTM)11% · Top 25%
Growth and dividend
Revenue growth15% · Top 25%
Balance sheet
Debt / equity0.28× · Above median
Valuation Multiplesvs Food Distribution median · lower = cheaper
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.
Is Farm Price Holdings Berhad (0304) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 0.3400 MYR versus a price of 0.3550 MYR, about −4% upside (fairly valued).
What is the fair value of 0304?
Our model-based fair value for Farm Price Holdings Berhad is 0.3400 MYR (as of Sep 24, 2026), built from audited fundamentals. The current price: 0.3550 MYR.
What is the quality score of 0304?
Farm Price Holdings Berhad 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 price target for Farm Price Holdings Berhad (0304)?
Our model-based price target is the fair value of 0.3400 MYR (as of Sep 24, 2026) from 14 valuation models. Cautious scenario 0.2400 MYR, optimistic scenario 0.4400 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Farm Price Holdings Berhad stock forecast for 2026?
Our models put fair value at 0.3400 MYR, about −4% upside versus a price of 0.3550 MYR (fairly valued). Cautious scenario 0.2400 MYR, optimistic scenario 0.4400 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Farm Price Holdings Berhad (0304)?
Farm Price Holdings Berhad reported trailing-twelve-month revenue of about 133M MYR (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Farm Price Holdings Berhad (0304)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Farm Price Holdings Berhad it is 0.3400 MYR per share (as of Sep 24, 2026), against a price of 0.3550 MYR. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Farm Price Holdings Berhad stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 0304 trades above its calculated fair value: price 0.3550 MYR, fair value 0.3400 MYR, a gap of about −4% (fairly valued). 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 0304?
No. The price is what the market pays today (0.3550 MYR); the fair value is what the company's own numbers justify (0.3400 MYR). For Farm Price Holdings Berhad the two are 0.0150 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Farm Price Holdings Berhad worth?
The market values Farm Price Holdings Berhad at about 160M MYR (market capitalisation, as of Sep 24, 2026). Per share that is 0.3550 MYR; our models calculate a fair value of 0.3400 MYR per share.
What do the bullish and bearish scenarios say about 0304?
Our models span a range for Farm Price Holdings Berhad: cautious scenario 0.2400 MYR, base 0.3400 MYR, optimistic 0.4400 MYR per share (as of Sep 24, 2026, price 0.3550 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0304?
Farm Price Holdings Berhad trades at a price-to-earnings ratio of 17.8 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.3400 MYR is built from several models across several years. Other multiples: P/B 0.5, P/S 0.3, EV/EBITDA 2.0.
How solid is the balance sheet of Farm Price Holdings Berhad (0304)?
Balance-sheet figures for Farm Price Holdings Berhad (as of Sep 24, 2026): return on equity 14.0%, debt of 0.28 per unit of equity. They feed the Quality Score of 49/100, which measures business quality independently of the share price.
How far is 0304 from its 52-week high?
Farm Price Holdings Berhad trades at 0.3550 MYR, about 21% below its 52-week high of 0.4500 MYR and 20% above the low of 0.2950 MYR (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 0.3400 MYR is for.
Which stocks are comparable to Farm Price Holdings Berhad?
From the same area (Consumer Defensive) we also value Sysco Corporation, US Foods Holding, Performance Food Group, Jerónimo Martins, SGPS, S.A, 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 Farm Price Holdings Berhad stock attractive at the current price?
The data as of Sep 24, 2026: price 0.3550 MYR, calculated fair value 0.3400 MYR (−4%), Quality Score 49/100, from 14 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 0304 calculated?
We run Farm Price Holdings Berhad through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 0.3400 MYR, 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 13.0 % above its aggregate fair value. Farm Price Holdings Berhad itself currently trades above fair value. 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 Farm Price Holdings Berhad (0304)?
The closing price on Sep 24, 2026 was 0.3550 MYR. Our model-based fair value is 0.3400 MYR, about −4% upside (fairly valued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Farm Price Holdings Berhad right now?
The price sits close to our fair value, market and models broadly agree here, little valuation tension. A fairly wide model range (0.2400 MYR to 0.4400 MYR) leaves room in how you read the outcome. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Farm Price Holdings Berhad
How large is the market capitalisation of Farm Price Holdings Berhad (0304)?
The market capitalisation of Farm Price Holdings Berhad is 160M MYR (≈ $39.2M). 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 Farm Price Holdings Berhad (0304)?
The price-to-sales ratio of Farm Price Holdings Berhad is 1.26 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Farm Price Holdings Berhad (0304)?
Earnings per share at Farm Price Holdings Berhad are 0.0200 MYR (price ÷ EPS = P/E 17.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Farm Price Holdings Berhad (0304)?
The net margin of Farm Price Holdings Berhad is 7.1% (fiscal year 2025). 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 Farm Price Holdings Berhad (0304)?
The return on equity (ROE) of Farm Price Holdings Berhad is 14.0% (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 Farm Price Holdings Berhad (0304)?
On an EBIT basis the return on assets of Farm Price Holdings Berhad is 12.9% (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 Farm Price Holdings Berhad (0304)?
The operating margin of Farm Price Holdings Berhad is 10.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Farm Price Holdings Berhad (0304)?
Revenue at Farm Price Holdings Berhad is growing +15.2% versus a year earlier (3y avg +10.9%). 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 Farm Price Holdings Berhad (0304)?
Earnings per share at Farm Price Holdings Berhad are growing +1.0% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Farm Price Holdings Berhad (0304) generate?
The free cash flow of Farm Price Holdings Berhad is −3.2M MYR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Farm Price Holdings Berhad (0304) carry?
The net debt of Farm Price Holdings Berhad is 6.8M MYR (fiscal year 2023). 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 Farm Price Holdings Berhad in the live analysis
One click puts Farm Price Holdings Berhad on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
