Harbour Link Group Bhd (2062) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Harbour Link Group Bhd stock MYR 2.41, price MYR 1.24, upside +94.7%, quality 57 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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 Nov 4, 2026.
How to read this chart
60‑month range 0.6936 MYR – 1.66 MYR · fair‑value band 1.68 MYR – 3.38 MYR · the 1.24 MYR price screens below the 2.41 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 4, 2026.
Follow Harbour Link Group Bhd in your weekly email
Every Wednesday you see whether Harbour Link Group Bhd 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.
Harbour-Link Group Berhad, an investment holding company, engages in management services in Malaysia, Hong Kong, China, Singapore, and Brunei.
Show moreShow less
It operates through six segments: Investment holding, Shipping and Marine Services, Integrated Logistics, Machineries Trading, Engineering Works, and Property Development.
The company provides container shipping liner services, tugboats and barges, as well as ship agency and management services; multimodal transportation; transport vehicles, such as container trailers, prime movers, cargo lorries, and dump trucks; and cargo handling, shipping arrangements, engineered heavy transport solutions.
It also operates in engineering and construction of petroleum and chemical storage tanks, marine terminals, and piping work.
In addition, the company trades and sells machinery rentals; property development; consultancy and provision of engineering works; hiring and transportation; ancillary works; multidiscipline engineering; mechanical and engineering works construction and procurement; as well as ship owning and ship operator services.
The company was founded in 1975 and is headquartered in Bintulu, Malaysia.
Stock analysis
Harbour Link Group Bhd (2062) currently trades at 1.24 MYR, while our model-based Fair Value estimate is 2.41 MYR, implying the stock looks roughly 49% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 4.20 MYR per share, and 24 of the 26 models we run sit above the 1.24 MYR price.
Bear case: the Dividend Discount group reads lowest at 0.9600 MYR, and 2 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1.68 MYR (bear) to 3.38 MYR (bull), the price of 1.24 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 57/100 (solid quality), in the Industrials sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Harbour Link Group Bhd reported revenue of 961M MYR in FY2026 versus 908M MYR in FY2022, a compound +1.4%/yr. Reported net income was 92.7M MYR in FY2026, compounding −11.3%/yr from FY2022.
Key figures
Market cap 494M MYR (≈ $122M) Micro · P/E ratio 5.4 · P/S ratio 0.51 · EPS (TTM) 0.2300 MYR · Dividend yield 5.6% · Net margin 9.7% · Return on equity 11.1% · Return on assets (EBIT) 14.2% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 52 out of 100 (low confidence).
What moves the price
The share trades about 20% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Industrials peers we cover trades at −36% fair-value upside, at 95%, 2062 screens cheaper than that median.
Fair Value models
Bear1.68 MYRFair Value 2.41 MYRBull3.38 MYR
Price 1.24 MYR · Upside +94.7%
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. Based on fiscal year 2026 figures (about 4 months old). Earnings retained since then (0.0579 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.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.
Best data coverage
FCF DCF1.66 MYR2.01 MYR2.43 MYR81
Growth DCF1.67 MYR1.97 MYR2.32 MYR79
Owner Earnings1.69 MYR2.05 MYR2.49 MYR77
All 26 models by family
DCF Models
FCF DCF1.66 MYR2.01 MYR2.43 MYR81
Owner Earnings1.69 MYR2.05 MYR2.49 MYR77
5Y Revenue Exit2.21 MYR3.18 MYR4.39 MYR72
5Y EBITDA Exit2.81 MYR4.26 MYR5.93 MYR74
5Y P/E Exit2.89 MYR4.41 MYR5.98 MYR70
10Y Revenue Exit1.90 MYR2.63 MYR3.58 MYR66
10Y EBITDA Exit2.27 MYR3.26 MYR4.56 MYR68
10Y P/E Exit2.31 MYR3.35 MYR4.58 MYR63
Earnings-Based
Graham-Dodd1.58 MYR4.41 MYR5.79 MYR65
Lynch FV0.8900 MYR1.27 MYR1.65 MYR61
PEG = 1.00.8900 MYR1.27 MYR1.65 MYR57
EPV2.05 MYR2.22 MYR2.35 MYR73
Dividend Discount
Gordon GGM0.6200 MYR1.03 MYR1.34 MYR68
DDM Multi-Stage0.6200 MYR0.8900 MYR1.11 MYR67
Multiples
P/E Multiple3.66 MYR4.89 MYR6.11 MYR63
P/S Multiple2.82 MYR3.76 MYR4.71 MYR57
P/B Multiple1.28 MYR1.71 MYR2.13 MYR55
EV/EBIT3.64 MYR4.63 MYR5.63 MYR65
EV/EBITDA4.16 MYR5.32 MYR6.49 MYR67
EV/Revenue2.79 MYR3.70 MYR4.61 MYR53
Asset-Based
NCAV (Graham)0.8800 MYR1.34 MYR1.67 MYR54
Growth DCF
Growth DCF1.67 MYR1.97 MYR2.32 MYR79
Rev-Margin DCF2.21 MYR3.17 MYR4.24 MYR72
Economic Profit
Residual Income1.91 MYR2.02 MYR2.24 MYR76
ROIC Compounder2.05 MYR2.22 MYR2.35 MYR71
Growth Earnings
Growth-Adj P/E2.92 MYR4.17 MYR5.42 MYR67
The fair value above starts from this blend and is adjusted for a cyclical peak year.
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.69/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−6.9%
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.
−1.5%
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.
+9.6%
Start year 2021 (pandemic). Over 10 years: +5.0% a year
Revenue growth 14 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.
+5.2%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in MYR ⓘ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. 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.
+14.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+8.9%
Dividend (yield on the price)5.6%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.8.9% vs 5.6%, picking up
Profit margin 2021 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.15% → 12%
Pace: the 5-year rate starts in 2021 (pandemic)
Growth Forecast
Little optimism in the price
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).
less than -40 %
The company could shrink this much every year for the next five years and today's price would still be justified.
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.Integrated Freight & Logistics · 210 stocks
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). "Harbour Link Group Bhd Fair Value". https://www.fairvalue-calculator.com/stock/2062
Frequently asked questions
Is Harbour Link Group Bhd (2062) overvalued or undervalued?
As of Nov 4, 2026, our model estimates a fair value of 2.41 MYR versus a price of 1.24 MYR, about +95% upside (undervalued).
What is the fair value of 2062?
Our model-based fair value for Harbour Link Group Bhd is 2.41 MYR (as of Nov 4, 2026), built from audited fundamentals. The current price: 1.24 MYR.
What is the quality score of 2062?
Harbour Link Group Bhd has a Quality Score of 57/100. 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 Harbour Link Group Bhd (2062)?
Our model-based price target is the fair value of 2.41 MYR (as of Nov 4, 2026) from 26 valuation models. Cautious scenario 1.68 MYR, optimistic scenario 3.38 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Harbour Link Group Bhd stock forecast for 2026?
Our models put fair value at 2.41 MYR, about +95% upside versus a price of 1.24 MYR (undervalued). Cautious scenario 1.68 MYR, optimistic scenario 3.38 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Harbour Link Group Bhd (2062)?
Harbour Link Group Bhd reported trailing-twelve-month revenue of about 961M MYR (latest available figure, as of Nov 4, 2026).
Does Harbour Link Group Bhd pay a dividend?
Harbour Link Group Bhd currently shows a dividend yield of 5.65% relative to its recent price (as of Nov 4, 2026).
How much is the dividend of Harbour Link Group Bhd (2062) and when is the ex-dividend date?
Harbour Link Group Bhd pays a dividend of 0.07 MYR per share a year, a dividend yield of 5.6%. The last ex-dividend date was Mar 11, 2026. A dividend has been paid every year since 2021. The payout ratio is 30.4% of earnings. Free cash flow covers the dividend 2.12 times. Our assessment: Well covered. A low payout and the dividend is fully funded by free cash flow, a comfortable, sustainable dividend.
What growth is priced into Harbour Link Group Bhd (2062)?
For today's price to be fair in a discounted-cash-flow model, Harbour Link Group Bhd would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 12.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +9.6 % per year. As of Nov 4, 2026.
What discount rate (WACC) does the fair value of 2062 use?
Our models discount Harbour Link Group Bhd at 12.6 %: a base by market capitalisation (micro), damped by beta 0.08, country premium for Malaysia. 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 Harbour Link Group Bhd that is less than minus 40 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.6 %) and the same formula as our fair value.
How much growth has Harbour Link Group Bhd (2062) delivered so far?
Over the past 5 years revenue at Harbour Link Group Bhd grew +9.6 % a year. The price currently implies free-cash-flow growth of less than minus 40 % per 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 Harbour Link Group Bhd (2062) growing?
The median revenue growth in the sector is +7.8 % a year. That is the yardstick for the growth priced into Harbour Link Group Bhd (less than minus 40 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Harbour Link Group Bhd (2062)?
The free-cash-flow yield on the price is 11.98 %: that much free cash flow Harbour Link Group Bhd produces per unit of market value. When it exceeds the discount rate of our models (12.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Harbour Link Group Bhd (2062)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Harbour Link Group Bhd it is 2.41 MYR per share (as of Nov 4, 2026), against a price of 1.24 MYR. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Harbour Link Group Bhd stock overvalued or undervalued in 2026?
As of Nov 4, 2026, 2062 trades below its calculated fair value: price 1.24 MYR, fair value 2.41 MYR, a gap of about +95% (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 2062?
No. The price is what the market pays today (1.24 MYR); the fair value is what the company's own numbers justify (2.41 MYR). For Harbour Link Group Bhd the two are 1.17 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Harbour Link Group Bhd worth?
The market values Harbour Link Group Bhd at about 494M MYR (market capitalisation, as of Nov 4, 2026). Per share that is 1.24 MYR; our models calculate a fair value of 2.41 MYR per share.
What do the bullish and bearish scenarios say about 2062?
Our models span a range for Harbour Link Group Bhd: cautious scenario 1.68 MYR, base 2.41 MYR, optimistic 3.38 MYR per share (as of Nov 4, 2026, price 1.24 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2062?
Harbour Link Group Bhd trades at a price-to-earnings ratio of 5.4 (as of Nov 4, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 2.41 MYR is built from several models across several years. Other multiples: P/B 0.5, P/S 0.5, EV/EBITDA 0.9.
How solid is the balance sheet of Harbour Link Group Bhd (2062)?
Balance-sheet figures for Harbour Link Group Bhd (as of Nov 4, 2026): return on equity 11.1%, debt of 0.00 per unit of equity. They feed the Quality Score of 57/100, which measures business quality independently of the share price.
How far is 2062 from its 52-week high?
Harbour Link Group Bhd trades at 1.24 MYR, about 20% below its 52-week high of 1.55 MYR and 2% above the low of 1.21 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 2.41 MYR is for.
Which stocks are comparable to Harbour Link Group Bhd?
From the same area (Industrials) we also value United Parcel Service, Inc, FedEx Corporation, Deutsche Post AG, DSV A/S, 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 Harbour Link Group Bhd stock attractive at the current price?
The data as of Nov 4, 2026: price 1.24 MYR, calculated fair value 2.41 MYR (+95%), Quality Score 57/100, from 26 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 2062 calculated?
We run Harbour Link Group Bhd through 26 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 2.41 MYR builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Harbour Link Group Bhd currently trades 49% 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 Harbour Link Group Bhd (2062)?
The closing price on Nov 6, 2026 was 1.24 MYR. Our model-based fair value is 2.41 MYR, about +95% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Harbour Link Group Bhd right now?
The price is below even our cautious bear case (1.68 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. Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (1.68 MYR to 3.38 MYR) leaves room in how you read the outcome.
Key figures of Harbour Link Group Bhd
How large is the market capitalisation of Harbour Link Group Bhd (2062)?
The market capitalisation of Harbour Link Group Bhd is 494M MYR (≈ $122M). 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 Harbour Link Group Bhd (2062)?
The price-to-sales ratio of Harbour Link Group Bhd is 0.51 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Harbour Link Group Bhd (2062)?
Earnings per share at Harbour Link Group Bhd are 0.2300 MYR (price ÷ EPS = P/E 5.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Harbour Link Group Bhd (2062)?
The dividend yield of Harbour Link Group Bhd is 5.6% (payout 30.4%). 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 Harbour Link Group Bhd (2062)?
The net margin of Harbour Link Group Bhd is 9.7% (last twelve months). 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 Harbour Link Group Bhd (2062)?
The return on equity (ROE) of Harbour Link Group Bhd is 11.1% (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 Harbour Link Group Bhd (2062)?
On an EBIT basis the return on assets of Harbour Link Group Bhd is 14.2% (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 Harbour Link Group Bhd (2062)?
The operating margin of Harbour Link Group Bhd is 15.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Harbour Link Group Bhd (2062)?
Revenue at Harbour Link Group Bhd is growing −5.2% versus a year earlier (3y avg −1.5%). 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 Harbour Link Group Bhd (2062)?
Earnings per share at Harbour Link Group Bhd are growing −23.2% versus a year earlier. How much earnings per share grew versus a year earlier.
Free · no account needed
Watch Harbour Link Group Bhd in the live analysis
One click puts Harbour Link Group Bhd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 27,000+ stock screener.
Thin data
Nov 4, 2026