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Zelan Berhad, an investment holding company, (2283) Fair Value & Analysis

Industrials · MY · Market cap 59.1M MYR

Price0.0750 MYR
Fair Value0.2063 MYR
Upside+175.0%
Quality95/100
Evidence: Low Range 0.1388 MYR – 0.2063 MYR

Fair value as of: Jun 26, 2026

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Analysis

Zelan Berhad, an investment holding company, (2283) currently trades at 0.0750 MYR, while our model-based Fair Value estimate is 0.2063 MYR — implying the stock looks roughly 175.0% undervalued today. We read business quality at 95/100 (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: low) — always confirm before acting.

About the company

Zelan Berhad, an investment holding company, engages in the engineering and construction in Malaysia, Indonesia, the United Arab Emirates, and the Kingdom of Saudi Arabia. The company operates through Engineering and Construction; Property and Development; Asset Facility Management; and Investment segments. It constructs power plants, marine ports and jetties, airports, bridges, roads, and highways, as well as high-rise and low-rise offices, residential, and academic buildings; and provides project management services, including engineering, procurement, construction, and management solutions and services. The company also provides asset and facilities management services, such as facilities engineering maintenance, general maintenance management, and property management services. In addition, it engages in property development; piling and civil engineering contractor services; design and construction services for civil and building works; and building turnkey contractor services. F…

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Frequently asked questions

Is Zelan Berhad, an investment holding company, (2283) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 0.2063 MYR versus a price of 0.0750 MYR — about +175% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 2283?
Our 21-model fair value for Zelan Berhad, an investment holding company, is 0.2063 MYR (as of Jun 26, 2026), built from audited fundamentals. The current price is 0.0750 MYR.
What is the quality score of 2283?
Zelan Berhad, an investment holding company, has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.