BGMC International Limited (1693) fair value: what the stock is really worth
As of Oct 28, 2026: fair value (intrinsic value) of BGMC International Limited stock HK$1.46, price HK$5.00, upside -70.8%, quality 41 out of 100. Rating: strongly overvalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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IndustrialsHK · Based in Malaysia · ISIN KYG1R51A1070
BIThin dataOct 28, 2026
BGMC International Limited
1693 · HK
Very expensive,weak quality
Our calculation puts a fair price 71% below what the stock costs today.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 28, 2026.
How to read this chart
60‑month range HK$1.04 – HK$8.72 · fair‑value band HK$1.21 – HK$1.71 · the HK$5.00 price screens above the HK$1.46 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 28, 2026.
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BGMC International Limited, an investment holding company, provides construction services in Malaysia. It operates through four segments: Building and Structures, Energy Infra-structure, Mechanical and Electrical, and Earthworks and Infrastructure.
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The company constructs low-rise and high-rise residential and commercial properties, factories, and government-led infrastructure and facility projects; designs and constructs medium and high voltage power substations; installs medium and high-voltage underground cabling systems; and develops and constructs utility scale solar power plants.
It also undertakes installation work of mechanical and electrical components and equipment for buildings and infrastructure projects.
In addition, the company invests in solar power infrastructure business; constructs buildings; supplies and installs elevators; and undertakes development and construction relating to the provision of renewable energy, as well as earthworks and infrastructure works.
Further, it offers mechanical and electrical engineering services; and engages in the property investment activities. BGMC International Limited was founded in 1996 and is headquartered in Subang Jaya, Malaysia.
Stock analysis
BGMC International Limited (1693) currently trades at HK$5.00, while our model-based Fair Value estimate is HK$1.46, 70.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of HK$1.46 per share, and 0 of the 4 models we run sit above the HK$5.00 price.
Bear case: the DCF Models group reads lowest at HK$1.46, and 4 of the 4 models stay below the price. Data coverage for this calculation is low.
Scenario range: HK$1.21 (bear) to HK$1.71 (bull), the price of HK$5.00 sits above 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 41/100 (below-average quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
BGMC International Limited reported revenue of 362M MYR in FY2025 versus 201M MYR in FY2021, a compound +15.8%/yr. Reported net income was −38.9M MYR in FY2025.
Key figures
Market cap HK$433M (≈ $55.2M) Micro · P/S ratio 1.30 · Net margin −10.8% · Return on equity −66,931% · Return on assets (EBIT) −9.3% · Operating margin −13.9% · Revenue (TTM) 332M MYR · Revenue growth (YoY) +76.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 9 out of 100 (medium confidence).
What moves the price
The share trades about 43% below its 52-week high and 169% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −32% fair-value upside, at −71%, 1693 screens richer than that median.
Fair Value models
BearHK$1.21Fair Value HK$1.46BullHK$1.71
Price HK$5.00 · Upside -70.8%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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.Coverage ⓘCoverage = 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.
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.38/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+120.3%
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.
+48.6%
Revenue growth 5 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.
+3.7%
Start year 2020 (pandemic)
Revenue growth 9 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.
−3.9%
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Profit margin (trend) ⓘ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.
−64.2% (2020) → −10.6% (2025)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+43.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in MYR, Malaysia: IMF forecast 2.0% a year to 2030, 1.8% from 2016 to 2025) that is about +40.7% a year for the price.
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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.Engineering & Construction · 794 stocks
Beats the industry median on 2/8 measures
Overall it trails its industry peers.
Valuation
Quality Score41 · Below median
Fair Value upside−70.8% · Bottom 25%
Profitability
Return on equity (12 months)Negative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Return on assets−14.3% · Bottom 25%
Net margin (12 months)−13.5% · Bottom 25%
Operating margin (12 months)−13.9% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)76.2% · Top 25%
Balance sheet
Debt / equityNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
Valuation Multiplesvs Engineering & Construction median · lower = cheaper
P/BNegative equity ⓘThe company's equity is below zero, for example after large share buybacks. A ratio to negative equity has no meaning, so we show no number here and do not rank it against the peer group.
P/S (12 months)0.68× · Cheaper than median
Price / free cash flow108.0× · Priciest 25%
Strength profile in five axes (Snowflake)
This stockSector peers
VALUE (fair-value potential)0· sector 36
FUTURE (revenue growth)100· sector 20
PAST (return on equity)0· sector 30
HEALTH (low debt)0· sector 94
DIVIDEND (yield)0· sector 42
VALUE 0: the price sits above our fair-value range.
PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.
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). "BGMC International Limited Fair Value". https://www.fairvalue-calculator.com/stock/1693
Frequently asked questions
Is BGMC International Limited (1693) overvalued or undervalued?
As of Oct 28, 2026, our model estimates a fair value of HK$1.46 versus a price of HK$5.00, about −71% upside (overvalued).
What is the fair value of 1693?
Our model-based fair value for BGMC International Limited is HK$1.46 (as of Oct 28, 2026), built from audited fundamentals. The current price: HK$5.00.
What is the quality score of 1693?
BGMC International Limited 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 price target for BGMC International Limited (1693)?
Our model-based price target is the fair value of HK$1.46 (as of Oct 28, 2026) from 4 valuation models. Cautious scenario HK$1.21, optimistic scenario HK$1.71. It is a calculation from audited fundamentals, not an analyst target.
What is the BGMC International Limited stock forecast for 2026?
Our models put fair value at HK$1.46, about −71% upside versus a price of HK$5.00 (overvalued). Cautious scenario HK$1.21, optimistic scenario HK$1.71. The calculation is refreshed regularly with new filings.
What is the revenue of BGMC International Limited (1693)?
BGMC International Limited reported trailing-twelve-month revenue of about 332M MYR (latest available figure, as of Oct 28, 2026).
What growth is priced into BGMC International Limited (1693)?
For today's price to be fair in a discounted-cash-flow model, BGMC International Limited would have to grow free cash flow by +43.5 % per year for five years (discount rate 15.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +3.7 % per year. As of Oct 28, 2026.
What discount rate (WACC) does the fair value of 1693 use?
Our models discount BGMC International Limited at 15.2 %: a base by market capitalisation (micro), damped by beta 1.59, country premium for Hong Kong. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For BGMC International Limited that is +43.5 % per year a year over ten years, using the same discount rate (15.2 %) and the same formula as our fair value.
How much growth has BGMC International Limited (1693) delivered so far?
Over the past 5 years revenue at BGMC International Limited grew +3.7 % a year. The price currently implies +43.5 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of BGMC International Limited (1693) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into BGMC International Limited (+43.5 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of BGMC International Limited (1693)?
The free-cash-flow yield on the price is 2.02 %: that much free cash flow BGMC International Limited produces per unit of market value. When it exceeds the discount rate of our models (15.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of BGMC International Limited (1693)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For BGMC International Limited it is HK$1.46 per share (as of Oct 28, 2026), against a price of HK$5.00. It is the blended result of 4 valuation models (cash flow, earnings, asset, dividend).
Is BGMC International Limited stock overvalued or undervalued in 2026?
As of Oct 28, 2026, 1693 trades above its calculated fair value: price HK$5.00, fair value HK$1.46, a gap of about −71% (overvalued). 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 1693?
No. The price is what the market pays today (HK$5.00); the fair value is what the company's own numbers justify (HK$1.46). For BGMC International Limited the two are HK$3.54 per share apart. That gap is exactly why we show both numbers side by side.
How much is BGMC International Limited worth?
The market values BGMC International Limited at about HK$433M (market capitalisation, as of Oct 28, 2026). Per share that is HK$5.00; our models calculate a fair value of HK$1.46 per share.
What do the bullish and bearish scenarios say about 1693?
Our models span a range for BGMC International Limited: cautious scenario HK$1.21, base HK$1.46, optimistic HK$1.71 per share (as of Oct 28, 2026, price HK$5.00). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of BGMC International Limited (1693)?
Balance-sheet figures for BGMC International Limited (as of Oct 28, 2026): negative equity, so no return on equity and no debt-to-equity ratio. They feed the Quality Score of 41/100, which measures business quality independently of the share price.
How far is 1693 from its 52-week high?
BGMC International Limited trades at HK$5.00, about 43% below its 52-week high of HK$8.72 and 169% above the low of HK$1.86 (as of Oct 28, 2026). Distance from the high says nothing about value: that is what the fair value of HK$1.46 is for.
Which stocks are comparable to BGMC International Limited?
From the same area (Industrials) we also value Quanta Services, Inc, Vinci SA, Larsen & Toubro Limited, Comfort Systems USA, Inc, 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 BGMC International Limited stock attractive at the current price?
The data as of Oct 28, 2026: price HK$5.00, calculated fair value HK$1.46 (−71%), Quality Score 41/100, from 4 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 1693 calculated?
We run BGMC International Limited through 4 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 HK$1.46, 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 13.4 % above its aggregate fair value. BGMC International Limited itself currently trades above fair value. 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 BGMC International Limited (1693)?
The closing price on Oct 28, 2026 was HK$5.00. Our model-based fair value is HK$1.46, about −71% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with BGMC International Limited right now?
The price sits above even our optimistic bull case (HK$1.71). The favourable scenario is already priced in. Weak quality (41/100) and above fair value at the same time, the margin of safety is missing on both counts. 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 BGMC International Limited
How large is the market capitalisation of BGMC International Limited (1693)?
The market capitalisation of BGMC International Limited is HK$433M (≈ $55.2M). 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 BGMC International Limited (1693)?
The price-to-sales ratio of BGMC International Limited is 1.30 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the net margin of BGMC International Limited (1693)?
The net margin of BGMC International Limited is −10.8% (fiscal year 2025). 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 BGMC International Limited (1693)?
The return on equity (ROE) of BGMC International Limited is −66,931% (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 BGMC International Limited (1693)?
On an EBIT basis the return on assets of BGMC International Limited is −9.3% (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 BGMC International Limited (1693)?
The operating margin of BGMC International Limited is −13.9% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at BGMC International Limited (1693)?
Revenue at BGMC International Limited is growing +76.2% versus a year earlier (3y avg +48.6%). 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 BGMC International Limited (1693)?
Earnings per share at BGMC International Limited are growing −41.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does BGMC International Limited (1693) carry?
The net debt of BGMC International Limited is 44.3M MYR (fiscal year 2024, ≈ 21.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Oct 28, 2026