EN DE

TDM Berhad, an investment holding company, (2054) Fair Value & Analysis

Consumer Defensive · MY · Market cap 345M MYR

TB TDM Berhad, an investment holding company, 2054 · KLSE
Price0.2150 MYR
Fair Value0.2200 MYR
Upside+2.3%
Quality44/100
Watch TDM Berhad, an investment holding company, for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Thin margins · 3.6% net margin
Moderate debt · negative free cash flow
1.43% dividend yield
Ranks above peers (9/13)
Narrow moat 27/100
Evidence: High Range 0.1600 MYR – 0.2200 MYR Share as image

Fair value as of: Jul 12, 2026

From 15 valuation models · updated 29 days ago

Share price +7.5% over the past month.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 0.1600 MYR (bear) to 0.2200 MYR (bull), base 0.2200 MYR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 44/100 (below-average quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

0.3129 MYR 0.1559 MYR Fair Value 0.2200 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 0.1559 MYR – 0.3129 MYR · fair‑value band 0.1600 MYR – 0.2200 MYR · the 0.2150 MYR price screens below the 0.2200 MYR fair value. Dashed = 300-day average. As of Jul 12, 2026.

Full chart & analysis →

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

Analysis

TDM Berhad, an investment holding company, (2054) currently trades at 0.2150 MYR, while our model-based Fair Value estimate is 0.2200 MYR, implying the stock looks roughly 2.3% fairly valued today. The Quality Score stands at 44/100 (below-average quality), in the Consumer Defensive 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, TDM Berhad, an investment holding company, generated revenue of 812M MYR at a net margin of 3.6%. Revenue grew 34.1% year over year. It earns a return on equity of 4.9%. Net debt stands at 392M MYR. Fundamentals as of Jul 12, 2026

Our scenario range runs from 0.1600 MYR (bear case) to 0.2200 MYR (bull case); at 0.2150 MYR, the current price sits within 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 14% below its 52-week high and 30% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 102% fair-value upside, at 2%, 2054 screens richer 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
Residual Income 0.2600 MYR 0.2500 MYR 0.1900 MYR 76
Gordon GGM 0.0500 MYR 0.1000 MYR 0.1300 MYR 70
Growth-Adj P/E 0.1100 MYR 0.1600 MYR 0.2100 MYR 68
All 15 models by family
DCF Models
Owner Earnings 0.0200 MYR 0.1300 MYR 0.2800 MYR 31
Earnings-Based
Graham-Dodd 0.0700 MYR 0.2500 MYR 0.3300 MYR 54
Lynch FV 0.0600 MYR 0.0800 MYR 0.1100 MYR 50
PEG = 1.0 0.0600 MYR 0.0800 MYR 0.1100 MYR 46
Dividend Discount
Gordon GGM 0.0500 MYR 0.1000 MYR 0.1300 MYR 70
DDM Multi-Stage 0.0500 MYR 0.0900 MYR 0.1000 MYR 61
Multiples
P/E Multiple 0.1600 MYR 0.2200 MYR 0.2700 MYR 63
P/S Multiple 0.1300 MYR 0.1700 MYR 0.2200 MYR 58
P/B Multiple 0.1300 MYR 0.1700 MYR 0.2200 MYR 55
EV/EBIT 0.1900 MYR 0.3200 MYR 0.4500 MYR 53
EV/EBITDA 0.4900 MYR 0.7200 MYR 0.9400 MYR 54
EV/Revenue 0.0800 MYR 0.2000 MYR 0.3200 MYR 43
Asset-Based
NCAV (Graham) 0.1900 MYR 0.2600 MYR 0.3900 MYR 50
Economic Profit
Residual Income 0.2600 MYR 0.2500 MYR 0.1900 MYR 76
Growth Earnings
Growth-Adj P/E 0.1100 MYR 0.1600 MYR 0.2100 MYR 68

Widest divergence: Asset-Based (0.2600 MYR) versus Earnings-Based (0.0800 MYR). Highest evidence: Residual Income (76).

Notify me when 2054 reaches fair value

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

Key figures & financial health

Revenue (TTM) 812M MYR
Revenue growth (YoY) +34.1%
Net margin 3.6%
Return on equity 4.9%
Free cash flow −78.5M MYR FY2025
P/E ratio 10.3
More key figures
Operating margin -2.9%
EPS (TTM) 0.0200 MYR
Dividend yield 1.5%
EPS growth (YoY) +66.6%
Net debt 392M MYR FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 40 · Market factors (momentum, volatility) 61

Profitability 25
Margins and returns on capital today
Quality Growth 53
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 56
Price trend over the last 3–12 months (market factor)
52W Momentum 59
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

TDM Berhad, an investment holding company, engages in the cultivation of oil palms in Malaysia. The company operates through Plantation and Healthcare segments. It is also involved in the sale of fresh fruit bunches and pineapple fruits; plantation management operations; sale of crude palm oil, palm kernel, bio compost fertilizers, and related products.

Full company description

TDM Berhad, an investment holding company, engages in the cultivation of oil palms in Malaysia. The company operates through Plantation and Healthcare segments. It is also involved in the sale of fresh fruit bunches and pineapple fruits; plantation management operations; sale of crude palm oil, palm kernel, bio compost fertilizers, and related products. In addition, the company provides healthcare consultancy and specialist medical centre services. Further, it engages in managing and marketing of various agro commodities; provision of consultancy and management services to specialist medical centres; property development activities; operates specialist medical centre, ambulatory care cenre, and private hospital; and facility management and maintenance, assets management, and real estate businesses. The company was incorporated in 1965 and is headquartered in Kuala Terengganu, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TDM Berhad, an investment holding company, reported revenue of 768M MYR in FY2025 versus 512M MYR in FY2021, a compound +10.7%/yr. Reported net income was 17.7M MYR in FY2025.

Growth Quality 53/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
768M MYR
Latest YoY
+19.0%
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.
+7.7%
Avg. growth/yr (5Y) 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.
+11.6%
Avg. growth/yr (13Y) 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.
+4.1%
Revenue +10.7%/yr
FY21 512M MYR
FY22 614M MYR
FY23 594M MYR
FY24 646M MYR
FY25 768M MYR
Net income
FY21 −29.5M MYR
FY22 −25.5M MYR
FY23 11.0M MYR
FY24 11.2M MYR
FY25 17.7M MYR

Watch 2054: 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). "TDM Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/2054

Peer Group

Farm Products · 288 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 44 · Below median
Fair Value upside +2% · Above median
Return on equity (TTM) 5% · Above median
Return on assets 2% · Above median
Net margin (TTM) 4% · Above median
Operating margin (TTM) -3% · Bottom 25%
Revenue growth 34% · Top 25%
Dividend yield (TTM) 1.4% · Below median
Debt / equity 0.60× · Higher than 75% of peers

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 10.0× · Cheaper than median
P/B 0.13× · Cheaper than 75% of peers
P/S (TTM) 0.10× · Cheaper than 75% of peers
EV/EBITDA 3.6× · Cheaper 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 36 · sector 25
FUTURE 100 · sector 20
PAST 20 · sector 17
HEALTH 70 · sector 94
DIVIDEND 29 · sector 38

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 Farm Products stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.90 ¥48.19 +18%
Wens Foodstuff Group 300498 ¥14.51 ¥12.08 -17%
Mowi ASA MOWI kr 188.40 kr 262.59 +39%
PT Charoen Pokphand Indonesia Tbk, CPIN 3,120 IDR 7,076 IDR +127%
Charoen Pokphand Foods Public Company CPF 22.00 THB 55.71 THB +153%
PT Triputra Agro Persada Tbk TAPG 1,540 IDR 3,105 IDR +102%
PT FAP Agri Tbk FAPA 7,300 IDR 7,463 IDR +2%
PT Japfa Comfeed Indonesia Tbk JPFA 2,070 IDR 7,231 IDR +249%
Thaifoods Group TFGR 10.60 THB 23.53 THB +122%
PT Jhonlin Agro Raya Tbk JARR 1,845 IDR 610.80 IDR -67%

Compare TDM Berhad, an investment holding company, with another stock

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

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Defensive 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 TDM Berhad, an investment holding company, (2054) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 0.2200 MYR versus a price of 0.2150 MYR, about +2% (fairly valued).
What is the fair value of 2054?
Our model-based fair value for TDM Berhad, an investment holding company, is 0.2200 MYR (as of Jul 12, 2026), built from audited fundamentals. The current price is 0.2150 MYR.
What is the quality score of 2054?
TDM Berhad, an investment holding company, has a Quality Score of 44/100. 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 TDM Berhad, an investment holding company, (2054)?
TDM Berhad, an investment holding company, reported trailing-twelve-month revenue of about 812M MYR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 2054?
The net profit margin of TDM Berhad, an investment holding company, is about 3.6%, meaning it keeps roughly 3.6% of revenue as net income. Based on the latest reported figures.
Does TDM Berhad, an investment holding company, pay a dividend?
TDM Berhad, an investment holding company, currently shows a dividend yield of about 1.50% relative to its recent price (as of Jul 12, 2026).

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 TDM Berhad, an investment holding company, 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.