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Chemlite Innovation Berhad, through its subsidiaries, (0348) Fair Value & Analysis

Industrials · MY · Market cap 90.0M MYR

CI Chemlite Innovation Berhad, through its subsidiaries, 0348 · KLSE
Price0.1700 MYR
Fair Value0.1500 MYR
Upside-11.8%
Quality41/100
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Expensive Growth
Solidly profitable · 14.6% net margin
Low debt · negative free cash flow
2.96% dividend yield
Ranks above peers (10/13)
Moderate moat 56/100
Evidence: Medium Range 0.1200 MYR – 0.1900 MYR Share as image

Fair value as of: Jul 18, 2026

From 14 valuation models · updated 23 days ago

Share price −12.8% over the past month.

Below-average quality, and screening another 12% overvalued on our models.

What matters now

  • Our model range runs from 0.1200 MYR (bear) to 0.1900 MYR (bull), base 0.1500 MYR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 41/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (16 months)

0.2806 MYR 0.1350 MYR Fair Value 0.1500 MYR Mar 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

16‑month range 0.1350 MYR – 0.2806 MYR · fair‑value band 0.1200 MYR – 0.1900 MYR · the 0.1700 MYR price screens above the 0.1500 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Chemlite Innovation Berhad, through its subsidiaries, (0348) currently trades at 0.1700 MYR, while our model-based Fair Value estimate is 0.1500 MYR, implying the stock looks roughly 11.8% overvalued today. The Quality Score stands at 41/100 (below-average quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Chemlite Innovation Berhad, through its subsidiaries, generated revenue of 40.6M MYR at a net margin of 14.6%. Revenue declined 10.5% year over year. It earns a return on equity of 11.6%. Net debt stands at 11.7M MYR. Fundamentals as of Jul 18, 2026

Our scenario range runs from 0.1200 MYR (bear case) to 0.1900 MYR (bull case); at 0.1700 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 40% below its 52-week high and 2% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -72% fair-value upside, at -12%, 0348 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 0.0700 MYR 0.0700 MYR 0.0800 MYR 76
ROIC Compounder 0.0500 MYR 0.0600 MYR 0.0600 MYR 72
Growth-Adj P/E 0.1900 MYR 0.2700 MYR 0.3500 MYR 68
All 14 models by family
Earnings-Based
Graham-Dodd 0.0600 MYR 0.4300 MYR 0.6000 MYR 54
Lynch FV 0.1400 MYR 0.2000 MYR 0.2600 MYR 50
PEG = 1.0 0.1400 MYR 0.2000 MYR 0.2600 MYR 46
EPV 0.0500 MYR 0.0600 MYR 0.0600 MYR 59
Multiples
P/E Multiple 0.1500 MYR 0.2000 MYR 0.2500 MYR 63
P/S Multiple 0.0600 MYR 0.0800 MYR 0.1000 MYR 58
P/B Multiple 0.1200 MYR 0.1500 MYR 0.1900 MYR 55
EV/EBIT 0.1200 MYR 0.1600 MYR 0.2000 MYR 53
EV/EBITDA 0.1400 MYR 0.1800 MYR 0.2300 MYR 54
EV/Revenue 0.0600 MYR 0.0900 MYR 0.1100 MYR 43
Asset-Based
NCAV (Graham) 0.0400 MYR 0.0600 MYR 0.0900 MYR 50
Economic Profit
Residual Income 0.0700 MYR 0.0700 MYR 0.0800 MYR 76
ROIC Compounder 0.0500 MYR 0.0600 MYR 0.0600 MYR 72
Growth Earnings
Growth-Adj P/E 0.1900 MYR 0.2700 MYR 0.3500 MYR 68

Widest divergence: Growth Earnings (0.2700 MYR) versus Asset-Based (0.0600 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 40.6M MYR
Revenue growth (YoY) -10.5%
Net margin 14.6%
Return on equity 11.6%
Free cash flow −12.1M MYR FY2025
P/E ratio 15.0
More key figures
Operating margin 16.7%
EPS (TTM) 0.0100 MYR
Dividend yield 3.0%
EPS growth (YoY) +55.6%
Net debt 11.7M MYR FY2024

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 44 · Market factors (momentum, volatility) 14

Profitability 48
Margins and returns on capital today
Quality Growth 22
Are margins and returns improving?
Cashflow 21
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 11
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 16
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

Chemlite Innovation Berhad, through its subsidiaries, provides surface finishing treatment services in Malaysia, the Philippines, and internationally.

Full company description

Chemlite Innovation Berhad, through its subsidiaries, provides surface finishing treatment services in Malaysia, the Philippines, and internationally. The company offers engineering support services, such as metal plating services on intermediate metal products; metal plating services on intermediate metal products, including gold, silver, palladium and/or nickel through electroplating and electroless plating techniques. It also provides non-metal plating services on intermediate metal products comprising anodizing and other non-metal plating services. The company serves semiconductor, telecommunication, medical devices, and automotive sectors. Chemlite Innovation Berhad was founded in 2007 and is headquartered in Simpang Ampat, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Chemlite Innovation Berhad, through its subsidiaries, reported revenue of 41.6M MYR in FY2025 versus 18.4M MYR in FY2021, a compound +22.7%/yr. Reported net income was 5.4M MYR in FY2025, compounding +34.6%/yr from FY2021.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
41.6M MYR
Latest YoY
+21.8%
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.
+23.4%
Revenue +22.7%/yr
FY21 18.4M MYR
FY22 22.1M MYR
FY23 28.0M MYR
FY24 34.2M MYR
FY25 41.6M MYR
Net income +34.6%/yr
FY21 1.7M MYR
FY22 3.2M MYR
FY23 9.0M MYR
FY24 9.3M MYR
FY25 5.4M MYR

0348 screens 12% overvalued. Compare with Carpenter Technology Corporation →

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Cite: Fair Value Calculator (2026). "Chemlite Innovation Berhad, through its subsidiaries, Fair Value". https://www.fairvalue-calculator.com/stock/0348

Peer Group

Metal Fabrication · 243 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 41 · Bottom 25%
Fair Value upside −12% · Above median
Return on equity (TTM) 12% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth -11% · Bottom 25%
Dividend yield (TTM) 3.0% · Top 25%
Debt / equity 0.14× · Higher than median

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 15.0× · Cheaper than median
P/B 0.42× · Cheaper than 75% of peers
P/S (TTM) 0.54× · Cheaper than median
EV/EBITDA 2.2× · 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 18 · sector 0
FUTURE 0 · sector 37
PAST 47 · sector 21
HEALTH 93 · sector 95
DIVIDEND 59 · sector 25

Insider activity: 40/100

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.

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10 more Metal Fabrication stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

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Frequently asked questions

Is Chemlite Innovation Berhad, through its subsidiaries, (0348) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 0.1500 MYR versus a price of 0.1700 MYR, about −12% (overvalued).
What is the fair value of 0348?
Our model-based fair value for Chemlite Innovation Berhad, through its subsidiaries, is 0.1500 MYR (as of Jul 18, 2026), built from audited fundamentals. The current price is 0.1700 MYR.
What is the quality score of 0348?
Chemlite Innovation Berhad, through its subsidiaries, has a Quality Score of 41/100. 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 Chemlite Innovation Berhad, through its subsidiaries, (0348)?
Chemlite Innovation Berhad, through its subsidiaries, reported trailing-twelve-month revenue of about 40.6M MYR (latest available figure, as of Jul 18, 2026).
What is the net profit margin of 0348?
The net profit margin of Chemlite Innovation Berhad, through its subsidiaries, is about 14.6%, meaning it keeps roughly 14.6% of revenue as net income. Based on the latest reported figures.
Does Chemlite Innovation Berhad, through its subsidiaries, pay a dividend?
Chemlite Innovation Berhad, through its subsidiaries, currently shows a dividend yield of about 1.78% relative to its recent price (as of Jul 18, 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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