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0331 Fair Value & Analysis

Basic Materials · MY · Market cap 144M MYR

0 0331 0331 · KLSE
Price0.2150 MYR
Fair Value0.3000 MYR
Upside+39.5%
Quality56/100
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Weak Growth
Thin margins · 7.3% net margin
Low debt · negative free cash flow
3.08% dividend yield
Ranks above peers (12/13)
Moderate moat 52/100
Evidence: High Range 0.2100 MYR – 0.3900 MYR Share as image

Fair value as of: Jul 17, 2026

From 16 valuation models · updated 24 days ago

Share price +26.5% over the past month.

A solid business, screening 40% undervalued on our models.

What matters now

  • Solid quality (56/100) 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 0.3900 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (20 months)

0.2150 MYR 0.1505 MYR Fair Value 0.3000 MYR Dec 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

20‑month range 0.1505 MYR – 0.2150 MYR · fair‑value band 0.2100 MYR – 0.3900 MYR · the 0.2150 MYR price screens below the 0.3000 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

0331 (0331) currently trades at 0.2150 MYR, while our model-based Fair Value estimate is 0.3000 MYR, implying the stock looks roughly 39.5% undervalued today. The Quality Score stands at 56/100 (solid quality), in the Basic Materials 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, 0331 generated revenue of 206M MYR at a net margin of 7.3%. Revenue grew 20.5% year over year. It earns a return on equity of 16.2%. Net debt stands at 4.1M MYR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 0.2100 MYR (bear case) to 0.3900 MYR (bull case); at 0.2150 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 4% below its 52-week high and 34% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -13% fair-value upside, at 40%, 0331 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 0.1200 MYR 0.1400 MYR 0.2700 MYR 76
ROIC Compounder 0.1600 MYR 0.1900 MYR 0.2200 MYR 72
Gordon GGM 0.0300 MYR 0.0600 MYR 0.0800 MYR 70
All 16 models by family
Earnings-Based
Graham-Dodd 0.1300 MYR 0.4800 MYR 0.6500 MYR 54
Lynch FV 0.1100 MYR 0.1600 MYR 0.2100 MYR 50
PEG = 1.0 0.1100 MYR 0.1600 MYR 0.2100 MYR 46
EPV 0.1500 MYR 0.1700 MYR 0.1900 MYR 59
Dividend Discount
Gordon GGM 0.0300 MYR 0.0600 MYR 0.0800 MYR 70
DDM Multi-Stage 0.0300 MYR 0.0600 MYR 0.0600 MYR 61
Multiples
P/E Multiple 0.3100 MYR 0.4200 MYR 0.5200 MYR 63
P/S Multiple 0.2500 MYR 0.3400 MYR 0.4200 MYR 58
P/B Multiple 0.2500 MYR 0.3400 MYR 0.4200 MYR 55
EV/EBIT 0.3400 MYR 0.4500 MYR 0.5600 MYR 53
EV/EBITDA 0.2900 MYR 0.3800 MYR 0.4700 MYR 54
EV/Revenue 0.2400 MYR 0.3500 MYR 0.4500 MYR 43
Asset-Based
NCAV (Graham) 0.0700 MYR 0.0900 MYR 0.1300 MYR 50
Economic Profit
Residual Income 0.1200 MYR 0.1400 MYR 0.2700 MYR 76
ROIC Compounder 0.1600 MYR 0.1900 MYR 0.2200 MYR 72
Growth Earnings
Growth-Adj P/E 0.2200 MYR 0.3100 MYR 0.4100 MYR 68

Widest divergence: Multiples (0.3500 MYR) versus Dividend Discount (0.0600 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 206M MYR
Revenue growth (YoY) +20.5%
Net margin 7.3%
Return on equity 16.2%
Free cash flow −21.3M MYR FY2025
P/E ratio 9.3
More key figures
Operating margin 9.6%
EPS (TTM) 0.0200 MYR
Dividend yield 3.2%
EPS growth (YoY) +10.2%
Net debt 4.1M MYR FY2024

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 56/100

Of which business quality 56 · Market factors (momentum, volatility) 61

Profitability 62
Margins and returns on capital today
Quality Growth 73
Are margins and returns improving?
Cashflow 5
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 22
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 60
Price trend over the last 3–12 months (market factor)
52W Momentum 78
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

Cropmate Berhad, through its subsidiary, Cropmate Fertilizer Sdn. Bhd., engages in the formulation and blending of conventional and specialty fertilizers in Malaysia. The company offers compact compound; granular blend fertilizers; and specialty fertilizers, such as semi-organic, organic, and liquid fertilizers.

Full company description

Cropmate Berhad, through its subsidiary, Cropmate Fertilizer Sdn. Bhd., engages in the formulation and blending of conventional and specialty fertilizers in Malaysia. The company offers compact compound; granular blend fertilizers; and specialty fertilizers, such as semi-organic, organic, and liquid fertilizers. It is also involved in warehousing and trading of straight fertilizers, including nitrogen, phosphorus, and potassium fertilizers, and related products. The company was founded in 2018 and is headquartered in Port Klang, Malaysia.

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

Revenue & earnings trend

FY2022 – FY2025 · reported fiscal years

0331 reported revenue of 197M MYR in FY2025 versus 188M MYR in FY2022, a compound +1.4%/yr. Reported net income was 14.7M MYR in FY2025, compounding +0.1%/yr from FY2022.

Growth Quality 33/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
197M MYR
Latest YoY
+22.3%
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.
+1.4%
Revenue +1.4%/yr
FY22 188M MYR
FY23 152M MYR
FY24 161M MYR
FY25 197M MYR
Net income +0.1%/yr
FY22 14.6M MYR
FY23 10.1M MYR
FY24 11.9M MYR
FY25 14.7M MYR

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Cite: Fair Value Calculator (2026). "0331 Fair Value". https://www.fairvalue-calculator.com/stock/0331

Peer Group

Agricultural Inputs · 179 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 56 · Above median
Fair Value upside +40% · Top 25%
Return on equity (TTM) 16% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth 21% · Top 25%
Dividend yield (TTM) 3.1% · Above median
Debt / equity 0.16× · Higher than median

Valuation Multiples vs Agricultural Inputs median · lower = cheaper

P/E (TTM) 9.8× · Cheaper than 75% of peers
P/B 0.37× · Cheaper than 75% of peers
P/S (TTM) 0.17× · Cheaper than 75% of peers
EV/EBITDA 1.5× · 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 86 · sector 21
FUTURE 100 · sector 37
PAST 65 · sector 24
HEALTH 92 · sector 97
DIVIDEND 62 · sector 33

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 Agricultural Inputs stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Corteva, Inc CTVA $86.07 $27.81 -68%
Nutrien Ltd NTR C$94.23 C$81.69 -13%
Qinghai Salt Lake Industry Co 000792 ¥24.93 ¥21.26 -15%
CF Industries Holdings CF $119.19 $161.00 +35%
SABIC Agri-Nutrients Company 2020 122.90 SAR 127.31 SAR +4%
Yara International ASA YAR kr 451.30 kr 67.25 -85%
Yunnan Yuntianhua Co 600096 ¥30.17 ¥42.12 +40%
Asia-potash International Investment (Guangzhou)Co.,Ltd., 000893 ¥42.59 ¥38.01 -11%
Coromandel International Limited COROMANDEL ₹2,034 ₹1,129 -44%
UPL Limited UPL ₹594.75 ₹387.06 -35%

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Frequently asked questions

Is 0331 overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 0.3000 MYR versus a price of 0.2150 MYR, about +40% (undervalued).
What is the fair value of 0331?
Our model-based fair value for 0331 is 0.3000 MYR (as of Jul 17, 2026), built from audited fundamentals. The current price is 0.2150 MYR.
What is the quality score of 0331?
0331 has a Quality Score of 56/100. 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 0331?
0331 reported trailing-twelve-month revenue of about 206M MYR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 0331?
The net profit margin of 0331 is about 7.3%, meaning it keeps roughly 7.3% of revenue as net income. Based on the latest reported figures.
Does 0331 pay a dividend?
0331 currently shows a dividend yield of about 3.24% relative to its recent price (as of Jul 17, 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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