EN DE

One Gasmaster Holdings (0389) Fair Value & Analysis

Industrials · MY · Market cap 41.9M MYR

OG One Gasmaster Holdings 0389 · KLSE
Price0.1400 MYR
Fair Value0.3200 MYR
Upside+128.6%
Quality76/100
Watch One Gasmaster Holdings for free, get notified when fair value or trend changes. Watch for free
Mixed Growth
Thin margins · 5.8% net margin
Low debt · generates free cash flow
Ranks above peers (9/13)
Narrow moat 39/100
Evidence: Medium Range 0.1500 MYR – 0.7500 MYR Share as image

Fair value as of: Jul 11, 2026

From 26 valuation models · updated 30 days ago

Share price +3.7% over the past month.

A strong business, screening 129% undervalued on our models.

What matters now

  • The rarer combination: high quality (76/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (0.1500 MYR). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (0.1500 MYR to 0.7500 MYR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (6 months)

0.2000 MYR 0.1200 MYR Fair Value 0.3200 MYR Jan 2026 Aug 2026

White line = price, green steps = our fair value per fiscal year. As of Jul 11, 2026.

How to read this chart

6‑month range 0.1200 MYR – 0.2000 MYR · fair‑value band 0.1500 MYR – 0.7500 MYR · the 0.1400 MYR price screens below the 0.3200 MYR fair value. As of Jul 11, 2026.

Full chart & analysis →

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

Analysis

One Gasmaster Holdings (0389) currently trades at 0.1400 MYR, while our model-based Fair Value estimate is 0.3200 MYR, implying the stock looks roughly 128.6% undervalued today. The Quality Score stands at 76/100 (high quality), in the Industrials 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: medium), always confirm before acting.

Over the trailing twelve months, One Gasmaster Holdings generated revenue of 33.2M MYR at a net margin of 5.8%. It earns a return on equity of 11.3%. Net debt stands at 4.5M MYR. The stock trades on a trailing P/E of 13.0. Fundamentals as of Jul 11, 2026

Our scenario range runs from 0.1500 MYR (bear case) to 0.7500 MYR (bull case); at 0.1400 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 42% below its 52-week high and 22% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -35% fair-value upside, at 129%, 0389 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 0.0300 MYR 0.0500 MYR 0.0900 MYR 80
Residual Income 0.1000 MYR 0.1500 MYR 1.05 MYR 76
Rev-Margin DCF 0.0900 MYR 0.2100 MYR 0.4400 MYR 74
All 26 models by family
DCF Models
FCF DCF 0.0300 MYR 0.0500 MYR 0.1000 MYR 38
Owner Earnings 0.1900 MYR 0.4000 MYR 0.7400 MYR 31
5Y Revenue Exit 0.0900 MYR 0.1900 MYR 0.3800 MYR 39
5Y EBITDA Exit 0.1600 MYR 0.3300 MYR 0.6600 MYR 41
5Y P/E Exit 0.1900 MYR 0.4800 MYR 0.8800 MYR 38
10Y Revenue Exit 0.0600 MYR 0.1900 MYR 0.2800 MYR 36
10Y EBITDA Exit 0.1100 MYR 0.3200 MYR 0.7000 MYR 37
10Y P/E Exit 0.1300 MYR 0.3600 MYR 0.7600 MYR 35
Earnings-Based
Graham-Dodd 0.1200 MYR 0.8500 MYR 1.19 MYR 54
Lynch FV 0.3200 MYR 0.4600 MYR 0.5900 MYR 50
PEG = 1.0 0.3200 MYR 0.4600 MYR 0.5900 MYR 46
EPV 0.1100 MYR 0.1300 MYR 0.1400 MYR 59
Dividend Discount
Gordon GGM 0.0300 MYR 0.0500 MYR 0.0700 MYR 70
DDM Multi-Stage 0.0300 MYR 0.0500 MYR 0.0600 MYR 61
Multiples
P/E Multiple 0.2800 MYR 0.3800 MYR 0.4700 MYR 63
P/S Multiple 0.1500 MYR 0.2000 MYR 0.2500 MYR 58
P/B Multiple 0.2100 MYR 0.2800 MYR 0.3500 MYR 55
EV/EBIT 0.2700 MYR 0.3700 MYR 0.4700 MYR 53
EV/EBITDA 0.2400 MYR 0.3200 MYR 0.4000 MYR 54
EV/Revenue 0.1200 MYR 0.1700 MYR 0.2300 MYR 43
Asset-Based
NCAV (Graham) 0.0300 MYR 0.0300 MYR 0.0500 MYR 50
Growth DCF
Growth DCF 0.0300 MYR 0.0500 MYR 0.0900 MYR 80
Rev-Margin DCF 0.0900 MYR 0.2100 MYR 0.4400 MYR 74
Economic Profit
Residual Income 0.1000 MYR 0.1500 MYR 1.05 MYR 76
ROIC Compounder 0.1400 MYR 0.1900 MYR 0.2600 MYR 72
Growth Earnings
Growth-Adj P/E 0.4100 MYR 0.5800 MYR 0.7600 MYR 68

Widest divergence: Growth Earnings (0.5800 MYR) versus Asset-Based (0.0300 MYR). Highest evidence: Growth DCF (80).

Notify me when 0389 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 33.2M MYR
Net margin 5.8%
Return on equity 11.3%
Free cash flow 1.2M MYR FY2024
P/E ratio 13.0
Operating margin -20.6%
More key figures
EPS (TTM) 0.0100 MYR
Net debt 4.5M MYR FY2024

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 76/100

Of which business quality 74 · Market factors (momentum, volatility) 23

Profitability 89
Margins and returns on capital today
Quality Growth 90
Are margins and returns improving?
Cashflow 25
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 2
Calm price path (market factor)
Momentum 44
Price trend over the last 3–12 months (market factor)
52W Momentum 10
Distance to the 52-week high (market factor)
Net Issuance 80
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

One Gasmaster Holdings Berhad, together with its subsidiaries, designs, supplies, installs, tests, commission, and maintenance of environmental monitoring, gas detection and gas piping, and industrial hygiene services in Malaysia, Indonesia, Singapore, Vietnam, and internationally.

Full company description

One Gasmaster Holdings Berhad, together with its subsidiaries, designs, supplies, installs, tests, commission, and maintenance of environmental monitoring, gas detection and gas piping, and industrial hygiene services in Malaysia, Indonesia, Singapore, Vietnam, and internationally. It also provides calibration services, including acoustic equipment calibration, gas monitoring equipment calibration, temperature and humidity calibration, pressure calibration, mass calibration, and audiometer calibration. In addition, the company engages in the trading of instruments, parts, and components. It serves manufacturing, oil and gas, and energy and power generation sectors. The company was founded in 1997 and is headquartered in Petaling Jaya, Malaysia.

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

Revenue & earnings trend

FY2022 – FY2024 · reported fiscal years

One Gasmaster Holdings reported revenue of 38.0M MYR in FY2024 versus 22.9M MYR in FY2022, a compound +28.9%/yr. Reported net income was 5.6M MYR in FY2024, compounding +42.6%/yr from FY2022.

Growth Quality 62/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
38.0M MYR
Latest YoY
+22.6%
Revenue +28.9%/yr
FY22 22.9M MYR
FY23 31.0M MYR
FY24 38.0M MYR
Net income +42.6%/yr
FY22 2.7M MYR
FY23 4.1M MYR
FY24 5.6M MYR

Watch 0389: get an alert when its fair value changes →

Share or link this analysis
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). "One Gasmaster Holdings Fair Value". https://www.fairvalue-calculator.com/stock/0389

Peer Group

Industrial Distribution · 102 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 76 · Top 25%
Fair Value upside +129% · Top 25%
Return on equity (TTM) 11% · Above median
Return on assets 6% · Above median
Net margin (TTM) 6% · Above median
Operating margin (TTM) -21% · Bottom 25%
Revenue growth 0% · Below median
Debt / equity 0.40× · Higher than median

Valuation Multiples vs Industrial Distribution median · lower = cheaper

P/E (TTM) 13.5× · Cheaper than median
P/B 0.65× · Cheaper than 75% of peers
P/S (TTM) 0.31× · Cheaper than median
P/FCF 8.8× · Pricier than median
EV/EBITDA 4.4× · 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 19
FUTURE 0 · sector 19
PAST 45 · sector 37
HEALTH 80 · sector 90
DIVIDEND 0 · sector 31

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 Industrial Distribution stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
W.W. Grainger, Inc GWW $1,376 $625.61 -55%
Fastenal Company FAST $45.49 $20.64 -55%
Ferguson Enterprises Inc FERG $232.02 $151.92 -35%
WESCO International, Inc WCC $326.71 $213.01 -35%
Watsco, Inc WSO $385.16 $268.10 -30%
Toromont Industries Ltd TIH C$232.22 C$127.90 -45%
Applied Industrial Technologies, Inc AIT $329.35 $191.65 -42%
Finning International Inc FTT C$102.50 C$76.38 -25%
Addtech AB ADDTB kr 329.20 kr 156.35 -53%
Core & Main, Inc CNM $44.66 $49.47 +11%

Compare One Gasmaster Holdings with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is One Gasmaster Holdings (0389) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 0.3200 MYR versus a price of 0.1400 MYR, about +129% (undervalued).
What is the fair value of 0389?
Our model-based fair value for One Gasmaster Holdings is 0.3200 MYR (as of Jul 11, 2026), built from audited fundamentals. The current price is 0.1400 MYR.
What is the quality score of 0389?
One Gasmaster Holdings has a Quality Score of 76/100. 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 One Gasmaster Holdings (0389)?
One Gasmaster Holdings reported trailing-twelve-month revenue of about 33.2M MYR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 0389?
The net profit margin of One Gasmaster Holdings is about 5.8%, meaning it keeps roughly 5.8% 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.

14 days Pro free · no card

Track One Gasmaster Holdings and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.