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Crest Group (0323) Fair Value & Analysis

Technology · MY · Market cap 160M MYR

CG Crest Group 0323 · KLSE
Price0.1900 MYR
Fair Value0.2900 MYR
Upside+52.6%
Quality50/100
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Expensive Growth
Thin margins · 6.3% net margin
negative free cash flow
2.16% dividend yield
Ranks above peers (10/12)
Moderate moat 45/100
Evidence: High Range 0.2100 MYR – 0.3800 MYR Share as image

Fair value as of: Jul 13, 2026

From 15 valuation models · updated 28 days ago

Share price +2.7% over the past month.

A solid business, screening 53% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.2100 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (50/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (0.2100 MYR to 0.3800 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (22 months)

0.3416 MYR 0.1443 MYR Fair Value 0.2900 MYR Oct 2024 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

22‑month range 0.1443 MYR – 0.3416 MYR · fair‑value band 0.2100 MYR – 0.3800 MYR · the 0.1900 MYR price screens below the 0.2900 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

Crest Group (0323) currently trades at 0.1900 MYR, while our model-based Fair Value estimate is 0.2900 MYR, implying the stock looks roughly 52.6% undervalued today. The Quality Score stands at 50/100 (solid quality), in the Technology 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, Crest Group generated revenue of 189M MYR at a net margin of 6.3%. Revenue grew 18.1% year over year. It earns a return on equity of 11.1%. The stock trades on a trailing P/E of 19.5. Fundamentals as of Jul 13, 2026

Our scenario range runs from 0.2100 MYR (bear case) to 0.3800 MYR (bull case); at 0.1900 MYR, the current price sits below 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 36% below its 52-week high and 17% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -45% fair-value upside, at 53%, 0323 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 0.1000 MYR 0.1100 MYR 0.1200 MYR 76
Gordon GGM 0.0300 MYR 0.0400 MYR 0.0400 MYR 70
Growth-Adj P/E 0.1300 MYR 0.1800 MYR 0.2400 MYR 68
All 15 models by family
Earnings-Based
Graham-Dodd 0.0900 MYR 0.1900 MYR 0.2500 MYR 54
PEG = 1.0 0.0300 MYR 0.0400 MYR 0.0600 MYR 46
EPV 0.1800 MYR 0.1900 MYR 0.2000 MYR 59
Dividend Discount
Gordon GGM 0.0300 MYR 0.0400 MYR 0.0400 MYR 70
DDM Multi-Stage 0.0300 MYR 0.0300 MYR 0.0400 MYR 61
Multiples
P/E Multiple 0.1700 MYR 0.2300 MYR 0.2900 MYR 63
P/S Multiple 0.1700 MYR 0.2300 MYR 0.2900 MYR 58
P/B Multiple 0.1700 MYR 0.2300 MYR 0.2900 MYR 55
EV/EBIT 0.2700 MYR 0.3400 MYR 0.4100 MYR 53
EV/EBITDA 0.2300 MYR 0.2900 MYR 0.3500 MYR 54
EV/Revenue 0.2400 MYR 0.3200 MYR 0.3900 MYR 43
Asset-Based
NCAV (Graham) 0.0600 MYR 0.0900 MYR 0.1300 MYR 50
Economic Profit
Residual Income 0.1000 MYR 0.1100 MYR 0.1200 MYR 76
ROIC Compounder 0.1800 MYR 0.2000 MYR 0.2100 MYR 67
Growth Earnings
Growth-Adj P/E 0.1300 MYR 0.1800 MYR 0.2400 MYR 68

Widest divergence: Multiples (0.2300 MYR) versus Dividend Discount (0.0300 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 189M MYR
Revenue growth (YoY) +18.1%
Net margin 6.3%
Return on equity 11.1%
Free cash flow −13.9M MYR FY2025
P/E ratio 19.5
More key figures
Operating margin 5.4%
EPS (TTM) 0.0100 MYR
Dividend yield 2.0%
EPS growth (YoY) +18.2%

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

Quality Score breakdown

Overall quality 50/100

Of which business quality 53 · Market factors (momentum, volatility) 24

Profitability 54
Margins and returns on capital today
Quality Growth 38
Are margins and returns improving?
Cashflow 16
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 14
Disciplined investing over empire-building
Low Volatility 20
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 23
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

Crest Group Berhad provides imaging, analytical, and test solutions used for quality inspection, sample analysis, research, and development in Malaysia.

Full company description

Crest Group Berhad provides imaging, analytical, and test solutions used for quality inspection, sample analysis, research, and development in Malaysia. The company engages in distribution, installation, and commissioning analytical and imaging equipment, laboratory equipment, scientific equipment, advance imaging, optical and portable imaging equipment, and healthcare and life science related equipment; and provision of quality control scanning and after sales services, such as training and technical support. It also offers pre-sales consulting, sale and customization of equipment, installation and commissioning, user-training, test supplies, and spare parts and consumables. It serves semiconductors, electrical and electronics, academia and institute, healthcare and life science, manufacturing and fabrication, and other industries. The company was founded in 1999 and is headquartered in Puchong, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Crest Group reported revenue of 183M MYR in FY2025 versus 148M MYR in FY2021, a compound +5.4%/yr. Reported net income was 11.6M MYR in FY2025, compounding −9.5%/yr from FY2021.

Growth Quality 44/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
183M MYR
Latest YoY
+0.3%
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.
+2.5%
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.
+8.1%
Revenue +5.4%/yr
FY21 148M MYR
FY22 170M MYR
FY23 188M MYR
FY24 183M MYR
FY25 183M MYR
Net income −9.5%/yr
FY21 17.4M MYR
FY22 18.0M MYR
FY23 18.2M MYR
FY24 10.7M MYR
FY25 11.6M MYR

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Cite: Fair Value Calculator (2026). "Crest Group Fair Value". https://www.fairvalue-calculator.com/stock/0323

Peer Group

Scientific & Technical Instruments · 163 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 50 · Below median
Fair Value upside +53% · Top 25%
Return on equity (TTM) 11% · Above median
Return on assets 8% · Top 25%
Net margin (TTM) 6% · Above median
Operating margin (TTM) 5% · Below median
Revenue growth 18% · Above median
Dividend yield (TTM) 2.2% · Above median

Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper

P/E (TTM) 18.5× · Cheaper than 75% of peers
P/B 1.43× · Cheaper than median
P/S (TTM) 0.85× · Cheaper than 75% of peers
EV/EBITDA 4.7× · 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 0
FUTURE 91 · sector 34
PAST 44 · sector 24
HEALTH 0 · sector 98
DIVIDEND 43 · 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 Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

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Garmin Ltd GRMN $241.76 $146.67 -39%
Teledyne Technologies Incorporated TDY $635.52 $367.58 -42%
Chroma ATE Inc 2360 1,905 TWD 286.15 TWD -85%
Hexagon AB HEXAB kr 80.10 kr 52.93 -34%
MKS Inc MKSI $324.69 $77.46 -76%
AVIC Chengdu Aircraft Company 302132 ¥52.91 ¥34.47 -35%
Fortive Corporation FTV $61.78 $33.84 -45%
Trimble Inc TRMB $52.72 $24.47 -54%
Cognex Corporation CGNX $64.07 $13.75 -79%

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Frequently asked questions

Is Crest Group (0323) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of 0.2900 MYR versus a price of 0.1900 MYR, about +53% (undervalued).
What is the fair value of 0323?
Our model-based fair value for Crest Group is 0.2900 MYR (as of Jul 13, 2026), built from audited fundamentals. The current price is 0.1900 MYR.
What is the quality score of 0323?
Crest Group has a Quality Score of 50/100. 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 Crest Group (0323)?
Crest Group reported trailing-twelve-month revenue of about 189M MYR (latest available figure, as of Jul 13, 2026).
What is the net profit margin of 0323?
The net profit margin of Crest Group is about 6.3%, meaning it keeps roughly 6.3% of revenue as net income. Based on the latest reported figures.
Does Crest Group pay a dividend?
Crest Group currently shows a dividend yield of about 1.95% relative to its recent price (as of Jul 13, 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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