EN DE
Check 35,000+ stocks against 26 valuation models and 37 quality factors
Data-driven stock valuation

ICT Zone Asia Berhad (0358) fair value: what the stock is really worth

As of Oct 2, 2026: fair value of ICT Zone Asia Berhad MYR 0.48, price MYR 0.24, upside +106.2%, quality 31 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.

  1. Fair value above price? Yes
  2. Good quality? No
  3. Add to watchlist

Technology · MY

IZ Thin data Oct 2, 2026

ICT Zone Asia Berhad

0358 · KLSE

Cheap, value-trap riskThe stock looks deeply undervalued, but low quality raises value-trap risk.

Fair value 0.4845 MYR · Strongly undervalued (+106.2%)
Low debt
Ranks above peers (10/13)
Expensive Growth (revenue 3y +35.6 %/yr in MYR)
Thin margins · 6.6% net margin (TTM)
1.7% dividend yield · Watch coverage
Moderate moat 49/100
Insider activity 45/100
Quality 31/100
Negative free cash flow
Thin data
⚠ Dilution

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

Price vs Fair Value

0.2950 MYR 0.1582 MYR Fair Value 0.4845 MYR May 2021 Oct 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.

How to read this chart

60‑month range 0.1582 MYR – 0.2950 MYR · fair‑value band 0.3655 MYR – 0.6035 MYR · the 0.2350 MYR price screens below the 0.4845 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.

Follow ICT Zone Asia Berhad in your weekly email

Every Wednesday you see whether ICT Zone Asia Berhad is on track or worth a review, plus price against fair value. Free, up to 3 stocks.

We send you a confirmation link. Unsubscribe with one click.

Which stocks are undervalued right now? Check free Discover now →

Company profile

ICT Zone Asia Berhad, an investment holding company, provides Information and communication technology (ICT) solutions to private corporations and government associations in Malaysia. It operates through Technology Financing; Trading of ICT Hardware and Software; Provision of ICT Services; and Provision of Cloud Solution and Services segments.

Show more

ICT Zone Asia Berhad, an investment holding company, provides Information and communication technology (ICT) solutions to private corporations and government associations in Malaysia. It operates through Technology Financing; Trading of ICT Hardware and Software; Provision of ICT Services; and Provision of Cloud Solution and Services segments. The company offers ICT hardware, including laptops, desktop, monitors, projectors, and related peripheral devices; operating system, antivirus and other computer security software, application software and device management software; and short-term and long-term rental of new and refurbished ICT hardware and software, as well as value-added ICT services, such as managed services to provide maintenance and technical support services. It also provides ICT services comprising maintenance and technical support; proactive and analytical services for devices; data backup and device recovery; security management; CNCS; and refurbishment services. In addition, the company offers infrastructure-as-a-service (IaaS) and platform-as-a-service (PaaS); and technology financing services. Further, the company is involved in the trading, repairing, and servicing of computers and related parts and accessories; management of investment schemes; leasing and factoring facilities services; training and consultancy; and software distribution and development services. ICT Zone Asia Berhad was founded in 2000 and is headquartered in Kuala Lumpur, Malaysia.

Stock analysis

ICT Zone Asia Berhad (0358) currently trades at 0.2350 MYR, while our model-based Fair Value estimate is 0.4845 MYR, implying the stock looks roughly 51.5% undervalued today.

Show more

Valuation

Bull case: the Growth Earnings group reads highest at a median of 1.02 MYR per share, and 11 of the 14 models we run sit above the 0.2350 MYR price.

Bear case: the Asset-Based group reads lowest at 0.0900 MYR, and 3 of the 14 models stay below the price. Evidence for this calculation is low.

Scenario range: 0.3655 MYR (bear) to 0.6035 MYR (bull), the price of 0.2350 MYR sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.

Quality & growth

The Quality Score stands at 31/100 (below-average quality), in the Technology sector.

Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.

ICT Zone Asia Berhad reported revenue of 187M MYR in FY2026 versus 52.0M MYR in FY2022, a compound +37.7%/yr. Reported net income was 16.1M MYR in FY2026, compounding +39.3%/yr from FY2022.

Key figures

Market cap 187M MYR (≈ $45.8M) · P/E ratio 11.8 · P/S ratio 1.01 · EPS (TTM) 0.0200 MYR · Dividend yield 1.7% · Net margin 8.6% · Return on equity 14.9% · Return on assets (EBIT) 7.9%.

Competitive moat

Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).

What moves the price

The share trades about 20% below its 52-week high and 49% above its 52-week low, currently above its 200-day average.

For context, the median of 10 Technology peers we cover trades at 44% fair-value upside, at 106%, 0358 screens cheaper than that median.

Fair Value models

Bear 0.3655 MYR Fair Value 0.4845 MYR Bull 0.6035 MYR
Price 0.2350 MYR · Upside +106.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 8 months old). Earnings retained since then (0.0108 MYR per share) are deliberately not added. 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds. Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Highest evidence
EPV 0.1900 MYR 0.2300 MYR 0.2600 MYR 71
Residual Income 0.1300 MYR 0.1700 MYR 0.2700 MYR 69
EV/EBITDA 1.52 MYR 2.04 MYR 2.56 MYR 67
All 14 models by family
Earnings-Based
Graham-Dodd 0.1400 MYR 0.9600 MYR 1.35 MYR 59
Lynch FV 0.5000 MYR 0.7100 MYR 0.9200 MYR 57
PEG = 1.0 0.5000 MYR 0.7100 MYR 0.9200 MYR 53
EPV 0.1900 MYR 0.2300 MYR 0.2600 MYR 71
Multiples
P/E Multiple 0.4300 MYR 0.5700 MYR 0.7100 MYR 63
P/S Multiple 0.2600 MYR 0.3400 MYR 0.4300 MYR 58
P/B Multiple 0.2600 MYR 0.3400 MYR 0.4300 MYR 55
EV/EBIT 0.5300 MYR 0.7200 MYR 0.9100 MYR 66
EV/EBITDA 1.52 MYR 2.04 MYR 2.56 MYR 67
EV/Revenue 0.2500 MYR 0.3700 MYR 0.5000 MYR 53
Asset-Based
NCAV (Graham) 0.0700 MYR 0.0900 MYR 0.1400 MYR 53
Economic Profit
Residual Income 0.1300 MYR 0.1700 MYR 0.2700 MYR 69
ROIC Compounder 0.2500 MYR 0.3700 MYR 0.4600 MYR 67
Growth Earnings
Growth-Adj P/E 0.7200 MYR 1.02 MYR 1.33 MYR 63

Open the full fair value analysis →

Notify me when 0358 reaches fair value

Put 0358 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Quality Score breakdown

Overall quality 31/100

Of which business quality 35 · Market factors (momentum, volatility) 69

Profitability 42
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 51
Earnings quality: real cash, not paper profit
Fin. Strength 38
Balance sheet, leverage, solvency risk
Investment 0
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 77
Price trend over the last 3–12 months (market factor)
52W Momentum 63
Distance to the 52-week high (market factor)
Net Issuance 0
Share count: buybacks or dilution?

Open the full quality analysis →

Revenue & earnings trend

Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card. 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+46.3%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+35.6%
What shareholders gained per year (last 5 years), in MYR (mathematically smoothed) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Smoothed = median of all growth paths between the years of the window (trend line on the logarithm of earnings per share): a single extreme year cannot distort the rate. The reported figure stays in the tooltip. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+23.8%
Earnings growth per share plus dividend.
Earnings per share, growth per year+22.1%
Dividend (yield on the price)1.7%
Profit margin 2022 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.13% → 13%
2026 sits 62% above its own trend. The rate follows the median trend of the last 5 years, not that single year.

Watch 0358, get fair value alerts →

Compare ICT Zone Asia Berhad with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Peer Groupⓘ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.Information Technology Services · 473 stocks

Beats the industry median on 10/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score 31 · Bottom 25%
Fair Value upside +106.2% · Top 25%
Profitability
Return on equity (TTM) 14.9% · Above median
Return on assets 5.7% · Above median
Net margin (TTM) 6.6% · Above median
Operating margin (TTM) 10.5% · Above median
Growth and dividend
Revenue growth 40.3% · Top 25%
Dividend yield (TTM) 1.7% · Below median
Balance sheet
Debt / equity 0.48× · Highest 25%

Valuation Multiplesvs Information Technology Services median · lower = cheaper

P/E (TTM) 11.8× · Cheapest 25%
P/B 1.70× · Cheaper than median
P/S (TTM) 0.70× · Cheaper than median
EV/EBITDA 2.1× · Cheapest 25%

Strength profile in five axes (Snowflake)

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE (fair-value potential)100 · sector 44
FUTURE (revenue growth)100 · sector 29
PAST (return on equity)60 · sector 36
HEALTH (low debt)76 · sector 98
DIVIDEND (yield)34 · sector 41

Context: sector, industry, market

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

Similar stocks

10 more Information Technology Services stocks, each showing price versus our Fair Value estimate.

Stock Price Fair Value vs Fair Value
International Business Machines Corporation IBM $219.93 $186.56 −15%
Accenture plc ACN $183.37 $305.06 +66%
Tata Consultancy Services Limited TCS ₹2,082 ₹2,993 +44%
Infosys Limited INFY ₹994.10 ₹1,691 +70%
HCL Technologies Limited HCLTECH ₹1,243 ₹1,926 +55%
Cognizant Technology Solutions Corporation CTSH $56.84 $138.62 +144%
Amadeus IT Group AMS €52.80 €65.98 +25%
Broadridge Financial Solutions, Inc BR $161.15 $159.88 −1%
Fidelity National Information Services, Inc FIS $33.35 $32.72 −2%
CDW Corporation CDW $129.71 $165.54 +28%

Explore undervalued stocks

More undervalued Technology stocks →

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "ICT Zone Asia Berhad Fair Value". https://www.fairvalue-calculator.com/stock/0358

Frequently asked questions

Is ICT Zone Asia Berhad (0358) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of 0.4845 MYR versus a price of 0.2350 MYR, about +106% upside (undervalued).
What is the fair value of 0358?
Our model-based fair value for ICT Zone Asia Berhad is 0.4845 MYR (as of Oct 2, 2026), built from audited fundamentals. The current price: 0.2350 MYR.
What is the quality score of 0358?
ICT Zone Asia Berhad has a Quality Score of 31/100. 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 price target for ICT Zone Asia Berhad (0358)?
Our model-based price target is the fair value of 0.4845 MYR (as of Oct 2, 2026) from 14 valuation models. Cautious scenario 0.3655 MYR, optimistic scenario 0.6035 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the ICT Zone Asia Berhad stock forecast for 2026?
Our models put fair value at 0.4845 MYR, about +106% upside versus a price of 0.2350 MYR (undervalued). Cautious scenario 0.3655 MYR, optimistic scenario 0.6035 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of ICT Zone Asia Berhad (0358)?
ICT Zone Asia Berhad reported trailing-twelve-month revenue of about 266M MYR (latest available figure, as of Oct 2, 2026).
Does ICT Zone Asia Berhad pay a dividend?
ICT Zone Asia Berhad currently shows a dividend yield of about 1.70% relative to its recent price (as of Oct 2, 2026).
What is the intrinsic value of ICT Zone Asia Berhad (0358)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For ICT Zone Asia Berhad it is 0.4845 MYR per share (as of Oct 2, 2026), against a price of 0.2350 MYR. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is ICT Zone Asia Berhad stock overvalued or undervalued in 2026?
As of Oct 2, 2026, 0358 trades below its calculated fair value: price 0.2350 MYR, fair value 0.4845 MYR, a gap of about +106% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 0358?
No. The price is what the market pays today (0.2350 MYR); the fair value is what the company's own numbers justify (0.4845 MYR). For ICT Zone Asia Berhad the two are 0.2495 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is ICT Zone Asia Berhad worth?
The market values ICT Zone Asia Berhad at about 187M MYR (market capitalisation, as of Oct 2, 2026). Per share that is 0.2350 MYR; our models calculate a fair value of 0.4845 MYR per share.
What do the bullish and bearish scenarios say about 0358?
Our models span a range for ICT Zone Asia Berhad: cautious scenario 0.3655 MYR, base 0.4845 MYR, optimistic 0.6035 MYR per share (as of Oct 2, 2026, price 0.2350 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 0358?
ICT Zone Asia Berhad trades at a price-to-earnings ratio of 11.8 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.4845 MYR is built from several models across several years. Other multiples: P/B 1.7, P/S 0.7, EV/EBITDA 2.1.
How solid is the balance sheet of ICT Zone Asia Berhad (0358)?
Balance-sheet figures for ICT Zone Asia Berhad (as of Oct 2, 2026): return on equity 14.9%, debt of 0.48 per unit of equity. They feed the Quality Score of 31/100, which measures business quality independently of the share price.
How far is 0358 from its 52-week high?
ICT Zone Asia Berhad trades at 0.2350 MYR, about 20% below its 52-week high of 0.2950 MYR and 49% above the low of 0.1582 MYR (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 0.4845 MYR is for.
Which stocks are comparable to ICT Zone Asia Berhad?
From the same area (Technology) we also value International Business Machines Corporation, Accenture plc, Tata Consultancy Services Limited, Infosys Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is ICT Zone Asia Berhad stock attractive at the current price?
The data as of Oct 2, 2026: price 0.2350 MYR, calculated fair value 0.4845 MYR (+106%), Quality Score 31/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 0358 calculated?
We run ICT Zone Asia Berhad through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 0.4845 MYR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.0 % above its aggregate fair value. ICT Zone Asia Berhad currently trades 51 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of ICT Zone Asia Berhad (0358)?
The closing price on Oct 2, 2026 was 0.2350 MYR. Our model-based fair value is 0.4845 MYR, about +106% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with ICT Zone Asia Berhad right now?
The large discount to fair value meets weak quality (31/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (0.3655 MYR). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.

Key figures of ICT Zone Asia Berhad

How large is the market capitalisation of ICT Zone Asia Berhad (0358)?
The market capitalisation of ICT Zone Asia Berhad is 187M MYR (≈ $45.8M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of ICT Zone Asia Berhad (0358)?
The price-to-sales ratio of ICT Zone Asia Berhad is 1.01 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of ICT Zone Asia Berhad (0358)?
Earnings per share at ICT Zone Asia Berhad are 0.0200 MYR (price ÷ EPS = P/E 11.8). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of ICT Zone Asia Berhad (0358)?
The dividend yield of ICT Zone Asia Berhad is 1.7% (payout 20.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of ICT Zone Asia Berhad (0358)?
The net margin of ICT Zone Asia Berhad is 8.6% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of ICT Zone Asia Berhad (0358)?
The return on equity (ROE) of ICT Zone Asia Berhad is 14.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of ICT Zone Asia Berhad (0358)?
On an EBIT basis the return on assets of ICT Zone Asia Berhad is 7.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of ICT Zone Asia Berhad (0358)?
The operating margin of ICT Zone Asia Berhad is 10.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at ICT Zone Asia Berhad (0358)?
Revenue at ICT Zone Asia Berhad is growing +40.3% versus a year earlier (3y avg +35.6%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at ICT Zone Asia Berhad (0358)?
Earnings per share at ICT Zone Asia Berhad are growing −1.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does ICT Zone Asia Berhad (0358) generate?
The free cash flow of ICT Zone Asia Berhad is −6.7M MYR (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does ICT Zone Asia Berhad (0358) carry?
The net debt of ICT Zone Asia Berhad is 75.4M MYR (fiscal year 2026). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed

Watch ICT Zone Asia Berhad in the live analysis

One click puts ICT Zone Asia Berhad on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.