Batu Kawan Bhd (1899) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Batu Kawan Bhd stock MYR 13.55, price MYR 19.32, that is 29.9% below the price, quality 54 out of 100. Rating: overvalued. Calculated from audited financials with 11 of our 26 valuation models and 37 quality factors, updated daily.
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Batu Kawan Bhd
1899 · KLSEOur calculation puts a fair price 30% below what the stock costs today.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 14.53 MYR – 24.98 MYR · fair‑value band 8.61 MYR – 21.68 MYR · the 19.32 MYR price screens above the 13.55 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Company profile
Batu Kawan Berhad, an investment holding company, cultivates and processes palm and rubber products in Malaysia, the Far East, the Middle East, South East Asia, Southern Asia, Europe, North and South America, Australia, Africa, and internationally.
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It operates through four segments: Plantation, Manufacturing, Property Development, and Investment Holding/Others.
The company manufactures and sells methyl chloride, oleochemicals, alcohol ether sulphates, alcohol sulphates and sulphonic acids, and basic organic chemicals from agricultural products; and manufactures and markets coagulants, industrial and specialty chemicals, soap noodles, industrial amides, polymer products, sulphuric acid, sulphur derivatives, calcium nitrate, methyl esters, and glycerine, as well as chlor-alkali chemicals comprising caustic soda, hydrochloric acid, liquid chlorine, sodium hypochlorite, and ferric chloride; and parquet flooring products.
It also involved in letting of storage warehouse facilities; operating biogas capture plants; plantation and kernel crushing; agronomic service and research; investment, development, management, and renting of properties; manufacturing of biodiesel, palm phytonutrients, and other palm derivatives; production and distribution of fatty alcohols and derivatives, fatty acids, fatty esters, and other chemicals; management of plantations; and manufacturing and distribution of nonionic surfactants and esters.
In addition, the company offers logistics services related to palm products; markets refined palm oil products; manufactures and trades in rubber products; sells pharmaceutical and bio-pharmaceutical intermediates and fine chemicals; stores and distributes bulk liquids; operates holiday bungalows; manufactures jams and preserves; extracts crude palm oil; and farming, trustee, offshore captive insurance, and general transportation and workshop services.
The company was incorporated in 1965 and is headquartered in Ipoh, Malaysia.
Stock analysis
Batu Kawan Bhd (1899) currently trades at 19.32 MYR, while our model-based Fair Value estimate is 13.55 MYR, 30% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 23.06 MYR per share, and 3 of the 11 models we run sit above the 19.32 MYR price.
Bear case: the Dividend Discount group reads lowest at 3.26 MYR, and 8 of the 11 models stay below the price. Data coverage for this calculation is medium.
Scenario range: 8.61 MYR (bear) to 21.68 MYR (bull), the price of 19.32 MYR sits inside 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 54/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Batu Kawan Bhd reported revenue of 25.7B MYR in FY2025 versus 20.7B MYR in FY2021, a compound +5.6%/yr. Reported net income was 468M MYR in FY2025, compounding −20.1%/yr from FY2021.
Key figures
Market cap 7.5B MYR (≈ $1.8B) Small · P/S ratio 0.28 · EPS (TTM) −0.6100 MYR · Dividend yield 3.6% · Net margin −0.9% · Return on equity −2.3% · Return on assets (EBIT) 8.0% (5-year average) · Operating margin 11.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 30 out of 100 (low confidence).
What moves the price
The share trades about 11% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 8% fair-value upside, at −30%, 1899 screens richer than that median.
Fair Value models
All 11 models by family
Quality Score breakdown
It rates the business: profits, how they develop, real cash, balance sheet, investing and share count.
Revenue & earnings trend
Growth Forecast
1899 screens overvalued: fair value 30% below the price. Compare with 3M Company →
Compare Batu Kawan Bhd with another stock
Price, fair value, quality and upside side by side.
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.Conglomerates · 304 stocks
Valuation Multiplesvs Conglomerates median · lower = cheaper
Strength profile in five axes (Snowflake)
VALUE 0: the price sits above our fair-value range.
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Debt-to-equity by industry
- Price/FCF by industry
- Stock screener with 62 metrics
- Undervalued stocks: Industrials
- Valuation of the Malaysia market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Conglomerates stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value | Compare |
|---|---|---|---|---|
| PT Astra International Tbk, ASII | 5,000 IDR | 10,000 IDR | +100% | vs 1899 |
| SK Inc 034730 | 445,000 KRW | 632,391 KRW | +42% | vs 1899 |
| Honeywell International Inc HON | $220.05 | $245.42 | +12% | vs 1899 |
| Jardine Matheson Holdings J36 | $60.84 | $66.74 | +10% | vs 1899 |
| Kingdom Holding 4280 | 12.40 SAR | 13.40 SAR | +8% | vs 1899 |
| SGH Limited SGH | A$42.62 | A$34.87 | −18% | vs 1899 |
| Keppel Ltd BN4 | 9.45 SGD | 3.87 SGD | −59% | vs 1899 |
| 3M Company MMM | $185.15 | $73.02 | −61% | vs 1899 |
| Swire Pacific Limited 0019 | HK$112.20 | HK$27.75 | −75% | vs 1899 |
| Doosan Corporation 000150 | 638,000 KRW | 95,752 KRW | −85% | vs 1899 |
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