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MSB Global Group (0350) Fair Value & Analysis

Consumer Cyclical · MY · Market cap 64.1M MYR

MG MSB Global Group 0350 · KLSE
Price0.1100 MYR
Fair Value0.1633 MYR
Upside+48.5%
Quality51/100
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Weak Growth
Thin margins · 4.1% net margin
Low debt · generates free cash flow
Ranks above peers (7/11)
Narrow moat 39/100
Evidence: High Range 0.1452 MYR – 0.1996 MYR Share as image

Fair value as of: Jul 19, 2026

From 24 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from 0.0893 MYR to 0.1633 MYR (+83.0%) since Jun 26, 2026. Share price +22.2% over the past month.

A solid business, screening 48% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.1452 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (16 months)

0.1700 MYR 0.0700 MYR Fair Value 0.1633 MYR Apr 2025 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

16‑month range 0.0700 MYR – 0.1700 MYR · fair‑value band 0.1452 MYR – 0.1996 MYR · the 0.1100 MYR price screens below the 0.1633 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

Full chart & analysis →

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Analysis

MSB Global Group (0350) currently trades at 0.1100 MYR, while our model-based Fair Value estimate is 0.1633 MYR, implying the stock looks roughly 48.5% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Consumer Cyclical 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, MSB Global Group generated revenue of 54.7M MYR at a net margin of 4.1%. Revenue declined 7.8% year over year. It earns a return on equity of 4.8%. Net debt stands at 2.3M MYR. Fundamentals as of Jul 19, 2026

Our scenario range runs from 0.1452 MYR (bear case) to 0.1996 MYR (bull case); at 0.1100 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 31% below its 52-week high and 57% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -44% fair-value upside, at 48%, 0350 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
Growth DCF 0.0700 MYR 0.0800 MYR 0.0900 MYR 80
Residual Income 0.0800 MYR 0.0800 MYR 0.0600 MYR 76
Rev-Margin DCF 0.0800 MYR 0.1100 MYR 0.1500 MYR 74
All 24 models by family
DCF Models
FCF DCF 0.0700 MYR 0.0800 MYR 0.0900 MYR 38
Owner Earnings 0.0600 MYR 0.0700 MYR 0.0800 MYR 31
5Y Revenue Exit 0.0800 MYR 0.1100 MYR 0.1500 MYR 39
5Y EBITDA Exit 0.0900 MYR 0.1300 MYR 0.1700 MYR 41
5Y P/E Exit 0.0800 MYR 0.1000 MYR 0.1300 MYR 38
10Y Revenue Exit 0.0800 MYR 0.0900 MYR 0.1100 MYR 36
10Y EBITDA Exit 0.0800 MYR 0.1000 MYR 0.1200 MYR 37
10Y P/E Exit 0.0800 MYR 0.0900 MYR 0.1000 MYR 35
Earnings-Based
Graham-Dodd 0.0300 MYR 0.0400 MYR 0.0400 MYR 54
EPV 0.0800 MYR 0.0800 MYR 0.0900 MYR 59
Dividend Discount
Gordon GGM 0.1300 MYR 0.1400 MYR 0.1500 MYR 70
DDM Multi-Stage 0.1300 MYR 0.1500 MYR 0.1700 MYR 61
Multiples
P/E Multiple 0.0700 MYR 0.0900 MYR 0.1100 MYR 63
P/S Multiple 0.0600 MYR 0.0800 MYR 0.1000 MYR 58
P/B Multiple 0.0600 MYR 0.0800 MYR 0.1000 MYR 55
EV/EBIT 0.1400 MYR 0.1700 MYR 0.2100 MYR 53
EV/EBITDA 0.1300 MYR 0.1600 MYR 0.2000 MYR 54
EV/Revenue 0.1000 MYR 0.1400 MYR 0.1700 MYR 43
Asset-Based
NCAV (Graham) 0.0600 MYR 0.0800 MYR 0.1200 MYR 50
Growth DCF
Growth DCF 0.0700 MYR 0.0800 MYR 0.0900 MYR 80
Rev-Margin DCF 0.0800 MYR 0.1100 MYR 0.1500 MYR 74
Economic Profit
Residual Income 0.0800 MYR 0.0800 MYR 0.0600 MYR 76
ROIC Compounder 0.0800 MYR 0.0800 MYR 0.0900 MYR 72
Growth Earnings
Growth-Adj P/E 0.0500 MYR 0.0700 MYR 0.0900 MYR 68

Widest divergence: Dividend Discount (0.1400 MYR) versus Earnings-Based (0.0400 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 54.7M MYR
Revenue growth (YoY) -7.8%
Net margin 4.1%
Return on equity 4.8%
Free cash flow 3.1M MYR FY2025
Operating margin 10.5%
More key figures
EPS growth (YoY) -49.2%
Net debt 2.3M MYR FY2023

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 54 · Market factors (momentum, volatility) 31

Profitability 35
Margins and returns on capital today
Quality Growth 17
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 43
Disciplined investing over empire-building
Low Volatility 0
Calm price path (market factor)
Momentum 55
Price trend over the last 3–12 months (market factor)
52W Momentum 26
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

MSB Global Group Berhad, an investment holding company, engages in marketing, trading, and distribution of aftermarket automotive parts and components, and automotive lubricants and fluids in Malaysia and Singapore.

Full company description

MSB Global Group Berhad, an investment holding company, engages in marketing, trading, and distribution of aftermarket automotive parts and components, and automotive lubricants and fluids in Malaysia and Singapore. The company offers lubricant/fluid products, such as engine oil, automatic transmission fluid, gear and hydraulic oil, brake fluids, coolants, car performance additives, engine flush, and other products under the FK Fukuoka brand; automotive spare parts comprising drive shaft, hub assembly, CV joint, steering rack, fuel pump, and others under the GSP brand name; titaniumatic auto transmission fluid products; and timing belts, wiper blades, and spark plugs. It also provides car care products and sanitizers, and hydraulic and industrial oil and grease. In addition, the company trades in outdoor telecommunication cabinets and electrical parts; and manufactures refined petroleum products. It serves wholesalers, motor vehicle service centers, and retailers. MSB Global Group Berhad was founded in 1992 and is headquartered in Johor Bahru, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MSB Global Group reported revenue of 55.7M MYR in FY2025 versus 46.8M MYR in FY2021, a compound +4.4%/yr. Reported net income was 2.8M MYR in FY2025, compounding −28.8%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
55.7M MYR
Latest YoY
−16.6%
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.
−4.2%
Revenue +4.4%/yr
FY21 46.8M MYR
FY22 63.5M MYR
FY23 63.9M MYR
FY24 66.8M MYR
FY25 55.7M MYR
Net income −28.8%/yr
FY21 10.8M MYR
FY22 18.9M MYR
FY23 8.3M MYR
FY24 9.1M MYR
FY25 2.8M MYR

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Cite: Fair Value Calculator (2026). "MSB Global Group Fair Value". https://www.fairvalue-calculator.com/stock/0350

Peer Group

Auto Parts · 642 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 51 · Below median
Fair Value upside +49% · Top 25%
Return on equity (TTM) 5% · Below median
Return on assets 4% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth -8% · Bottom 25%
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Auto Parts median · lower = cheaper

P/B 0.22× · Cheaper than 75% of peers
P/S (TTM) 0.29× · Cheaper than 75% of peers
P/FCF 5.1× · Pricier than median

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 98 · sector 16
FUTURE 0 · sector 23
PAST 19 · sector 26
HEALTH 97 · sector 95
DIVIDEND 0 · sector 30

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.

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

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Bosch Limited BOSCHLTD ₹41,110 ₹14,004 -66%
Bharat Forge Limited BHARATFORG ₹2,117 ₹441.74 -79%
Uno Minda Limited UNOMINDA ₹1,158 ₹426.57 -63%
Schaeffler India Limited SCHAEFFLER ₹4,135 ₹1,412 -66%
Hankook Tire & Technology Co 161390 73,600 KRW 196,479 KRW +167%
MRF Limited MRF ₹131,025 ₹125,849 -4%
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Frequently asked questions

Is MSB Global Group (0350) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 0.1633 MYR versus a price of 0.1100 MYR, about +48% (undervalued).
What is the fair value of 0350?
Our model-based fair value for MSB Global Group is 0.1633 MYR (as of Jul 19, 2026), built from audited fundamentals. The current price is 0.1100 MYR.
What is the quality score of 0350?
MSB Global Group has a Quality Score of 51/100. 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 MSB Global Group (0350)?
MSB Global Group reported trailing-twelve-month revenue of about 54.7M MYR (latest available figure, as of Jul 19, 2026).
What is the net profit margin of 0350?
The net profit margin of MSB Global Group is about 4.1%, meaning it keeps roughly 4.1% of revenue as net income. Based on the latest reported figures.

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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