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Kawan Renergy Berhad, an investment holding company, (0307) Fair Value & Analysis

Industrials · MY · Market cap 226M MYR

KR Kawan Renergy Berhad, an investment holding company, 0307 · KLSE
Price0.4100 MYR
Fair Value0.6600 MYR
Upside+61.0%
Quality59/100
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Weak Growth
Solidly profitable · 12.2% net margin
Low debt · negative free cash flow
2.35% dividend yield
Ranks above peers (12/13)
Moderate moat 51/100
Evidence: High Range 0.3600 MYR – 0.8600 MYR Share as image

Fair value as of: Jul 16, 2026

From 17 valuation models · updated 25 days ago

Share price −3.5% over the past month.

A solid business, screening 61% undervalued on our models.

What matters now

  • Solid quality (59/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (0.3600 MYR to 0.8600 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (2 years)

0.9351 MYR 0.3500 MYR Fair Value 0.6600 MYR May 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

26‑month range 0.3500 MYR – 0.9351 MYR · fair‑value band 0.3600 MYR – 0.8600 MYR · the 0.4100 MYR price screens below the 0.6600 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Kawan Renergy Berhad, an investment holding company, (0307) currently trades at 0.4100 MYR, while our model-based Fair Value estimate is 0.6600 MYR, implying the stock looks roughly 61.0% undervalued today. The Quality Score stands at 59/100 (solid quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, Kawan Renergy Berhad, an investment holding company, generated revenue of 151M MYR at a net margin of 16.1%. Revenue grew 51.3% year over year. It earns a return on equity of 21.6%. The stock trades on a trailing P/E of 13.4. Fundamentals as of Jul 16, 2026

Our scenario range runs from 0.3600 MYR (bear case) to 0.8600 MYR (bull case); at 0.4100 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 50% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at 61%, 0307 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 0.2200 MYR 0.2900 MYR 0.8800 MYR 76
ROIC Compounder 0.4000 MYR 0.4900 MYR 0.5900 MYR 72
Gordon GGM 0.0900 MYR 0.1500 MYR 0.1900 MYR 70
All 17 models by family
DCF Models
Owner Earnings 0.5000 MYR 0.8300 MYR 1.33 MYR 31
Earnings-Based
Graham-Dodd 0.2900 MYR 1.65 MYR 2.29 MYR 54
Lynch FV 0.4600 MYR 0.6600 MYR 0.8600 MYR 50
PEG = 1.0 0.4600 MYR 0.6600 MYR 0.8600 MYR 46
EPV 0.3700 MYR 0.4000 MYR 0.4300 MYR 59
Dividend Discount
Gordon GGM 0.0900 MYR 0.1500 MYR 0.1900 MYR 70
DDM Multi-Stage 0.0900 MYR 0.1400 MYR 0.1600 MYR 61
Multiples
P/E Multiple 0.6700 MYR 0.9000 MYR 1.12 MYR 63
P/S Multiple 0.3700 MYR 0.4900 MYR 0.6200 MYR 58
P/B Multiple 0.5400 MYR 0.7200 MYR 0.9100 MYR 55
EV/EBIT 0.7300 MYR 0.9500 MYR 1.17 MYR 53
EV/EBITDA 0.6600 MYR 0.8600 MYR 1.06 MYR 54
EV/Revenue 0.3800 MYR 0.5200 MYR 0.6500 MYR 43
Asset-Based
NCAV (Graham) 0.1000 MYR 0.1300 MYR 0.2000 MYR 50
Economic Profit
Residual Income 0.2200 MYR 0.2900 MYR 0.8800 MYR 76
ROIC Compounder 0.4000 MYR 0.4900 MYR 0.5900 MYR 72
Growth Earnings
Growth-Adj P/E 0.6900 MYR 0.9800 MYR 1.28 MYR 68

Widest divergence: Growth Earnings (0.9800 MYR) versus Asset-Based (0.1300 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 166M MYR
Revenue growth (YoY) +48.2%
Net margin 12.2%
Return on equity 17.1%
Free cash flow −10.8M MYR FY2025
P/E ratio 13.7
More key figures
Operating margin 1.0%
EPS (TTM) 0.0300 MYR
Dividend yield 2.4%
EPS growth (YoY) -85.0%

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 59 · Market factors (momentum, volatility) 16

Profitability 69
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 97
Balance sheet, leverage, solvency risk
Investment 51
Disciplined investing over empire-building
Low Volatility 33
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 5
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

Kawan Renergy Berhad, an investment holding company, designs, fabricates, installs, and/or commissions industrial process equipment, process plants, and renewable energy and co-generation plants.

Full company description

Kawan Renergy Berhad, an investment holding company, designs, fabricates, installs, and/or commissions industrial process equipment, process plants, and renewable energy and co-generation plants. It designs and fabricates customized industrial process equipment, including heat exchangers, pressure vessels, boilers, and heaters; provides engineering, procurement, construction, and commissioning services comprising piping skid fabrication and installation, tank farm construction, and electrical and automation works; and offers plant and equipment solutions for emulsifier and ester systems, animal feed processing, zero discharge systems, and energy-saving solutions. The company also provides repair, maintenance, and service solutions for industrial machinery and equipment; technical consultancy services; and trading of machinery, equipment, and spare parts and supplies. In addition, it engages in the power generation and sale of electricity, steam, thermal energy, biofuels, and biomass; plantation of biomass feed stock; and manufacturing and engineering of high technology products. The company has operations in Malaysia, Singapore, the United States, the United Kingdom, Australia, and internationally. Kawan Renergy Berhad was founded in 1996 and is headquartered in Ipoh, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Kawan Renergy Berhad, an investment holding company, reported revenue of 136M MYR in FY2025 versus 64.0M MYR in FY2021, a compound +20.7%/yr. Reported net income was 23.4M MYR in FY2025, compounding +35.8%/yr from FY2021.

Growth Quality 33/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
136M MYR
Latest YoY
+20.0%
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.
−0.8%
Revenue +20.7%/yr
FY21 64.0M MYR
FY22 139M MYR
FY23 98.4M MYR
FY24 113M MYR
FY25 136M MYR
Net income +35.8%/yr
FY21 6.9M MYR
FY22 14.2M MYR
FY23 13.3M MYR
FY24 18.0M MYR
FY25 23.4M MYR

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Cite: Fair Value Calculator (2026). "Kawan Renergy Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/0307

Peer Group

Engineering & Construction · 839 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 59 · Above median
Fair Value upside +61% · Top 25%
Return on equity (TTM) 17% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 1% · Below median
Revenue growth 48% · Top 25%
Dividend yield (TTM) 2.4% · Above median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 13.7× · Cheaper than median
P/B 0.50× · Cheaper than median
P/S (TTM) 0.33× · Cheaper than median
EV/EBITDA 0.5× · 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 100 · sector 16
FUTURE 100 · sector 17
PAST 68 · sector 26
HEALTH 99 · sector 94
DIVIDEND 47 · sector 33

Insider activity: 45/100

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is Kawan Renergy Berhad, an investment holding company, (0307) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 0.6600 MYR versus a price of 0.4100 MYR, about +61% (undervalued).
What is the fair value of 0307?
Our model-based fair value for Kawan Renergy Berhad, an investment holding company, is 0.6600 MYR (as of Jul 16, 2026), built from audited fundamentals. The current price is 0.4100 MYR.
What is the quality score of 0307?
Kawan Renergy Berhad, an investment holding company, has a Quality Score of 59/100. 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 Kawan Renergy Berhad, an investment holding company, (0307)?
Kawan Renergy Berhad, an investment holding company, reported trailing-twelve-month revenue of about 151M MYR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 0307?
The net profit margin of Kawan Renergy Berhad, an investment holding company, is about 16.1%, meaning it keeps roughly 16.1% of revenue as net income. Based on the latest reported figures.
Does Kawan Renergy Berhad, an investment holding company, pay a dividend?
Kawan Renergy Berhad, an investment holding company, currently shows a dividend yield of about 1.77% relative to its recent price (as of Jul 16, 2026).

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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