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Parkwood Holdings (2682) Fair Value & Analysis

Real Estate · MY · Market cap 35.3M MYR

PH Parkwood Holdings 2682 · KLSE
Price0.0600 MYR
Fair Value0.0935 MYR
Upside+55.8%
Quality36/100
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Expensive Growth
Highly profitable · 37.8% net margin
Low debt · negative free cash flow
Ranks above peers (7/11)
Narrow moat 36/100
Evidence: Medium Range 0.0780 MYR – 0.1163 MYR Share as image

Fair value as of: Jul 11, 2026

From 7 valuation models · updated 30 days ago

Below-average quality, screening 56% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (36/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (0.0780 MYR). The market is more pessimistic than our downside scenario.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

0.3039 MYR 0.0550 MYR Fair Value 0.0935 MYR Apr 2018 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range 0.0550 MYR – 0.3039 MYR · fair‑value band 0.0780 MYR – 0.1163 MYR · the 0.0600 MYR price screens below the 0.0935 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Parkwood Holdings (2682) currently trades at 0.0600 MYR, while our model-based Fair Value estimate is 0.0935 MYR, implying the stock looks roughly 55.8% undervalued today. The Quality Score stands at 36/100 (below-average quality), in the Real Estate 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: medium), always confirm before acting.

Over the trailing twelve months, Parkwood Holdings generated revenue of 16.5M MYR at a net margin of 37.8%. Revenue grew 179.1% year over year. It earns a return on equity of 4.0%. Net debt stands at 58.2M MYR. Fundamentals as of Jul 11, 2026

Our scenario range runs from 0.0780 MYR (bear case) to 0.1163 MYR (bull case); at 0.0600 MYR, the current price sits below 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 45% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -30% fair-value upside, at 56%, 2682 screens cheaper 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 0.2000 MYR 0.1800 MYR 0.1400 MYR 61
P/S Multiple 0.1200 MYR 0.1600 MYR 0.2000 MYR 58
P/B Multiple 0.1200 MYR 0.1600 MYR 0.2000 MYR 55
All 7 models by family
Multiples
P/S Multiple 0.1200 MYR 0.1600 MYR 0.2000 MYR 58
P/B Multiple 0.1200 MYR 0.1600 MYR 0.2000 MYR 55
EV/EBIT 0.1700 MYR 0.2600 MYR 0.3500 MYR 53
EV/EBITDA 0.1200 MYR 0.1900 MYR 0.2700 MYR 54
EV/Revenue 0.0300 MYR 0.0800 MYR 0.1400 MYR 43
Asset-Based
NCAV (Graham) 0.1500 MYR 0.2000 MYR 0.3000 MYR 50
Economic Profit
Residual Income 0.2000 MYR 0.1800 MYR 0.1400 MYR 61

Widest divergence: Asset-Based (0.2000 MYR) versus Multiples (0.1600 MYR). Highest evidence: Residual Income (61).

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Key figures & financial health

Revenue (TTM) 16.5M MYR
Revenue growth (YoY) +179%
Net margin 37.8%
Return on equity 4.0%
Free cash flow −32.2M MYR FY2025
P/E ratio 3.3
More key figures
Operating margin -99.5%
EPS (TTM) 0.0200 MYR
EPS growth (YoY) +187%
Net debt 58.2M MYR FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 36/100

Of which business quality 38 · Market factors (momentum, volatility) 25

Profitability 31
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 20
Price trend over the last 3–12 months (market factor)
52W Momentum 6
Distance to the 52-week high (market factor)
Net Issuance 0
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

Parkwood Holdings Berhad develops and manages properties in Malaysia. It operates through Investment Holding and Property Development segments. It develops residential, commercial, mixed-use, and industrial properties.

Full company description

Parkwood Holdings Berhad develops and manages properties in Malaysia. It operates through Investment Holding and Property Development segments. It develops residential, commercial, mixed-use, and industrial properties. It is also involved in the rental of investment properties; and trading of construction related materials, as well as provides project management services. The company was formerly known as Amalgamated Industrial Steel Berhad and changed its name to Parkwood Holdings Berhad in February 2021. The company was founded in 1969 and is based in Kuala Lumpur, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Parkwood Holdings reported revenue of 15.4M MYR in FY2025 versus 9.9M MYR in FY2021, a compound +11.7%/yr. Reported net income was 5.6M MYR in FY2025.

Growth Quality 57/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
15.4M MYR
Latest YoY
−15.5%
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.
−5.7%
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.
+18.8%
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.
−16.2%
Revenue +11.7%/yr
FY21 9.9M MYR
FY22 18.4M MYR
FY23 27.4M MYR
FY24 18.3M MYR
FY25 15.4M MYR
Net income
FY21 −4.3M MYR
FY22 2.3M MYR
FY23 −4.2M MYR
FY24 −5.4M MYR
FY25 5.6M MYR

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Cite: Fair Value Calculator (2026). "Parkwood Holdings Fair Value". https://www.fairvalue-calculator.com/stock/2682

Peer Group

Real Estate - Diversified · 137 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 38 · Bottom 25%
Fair Value upside +56% · Above median
Return on equity (TTM) 4% · Below median
Return on assets -1% · Bottom 25%
Net margin (TTM) 38% · Top 25%
Operating margin (TTM) -100% · Bottom 25%
Revenue growth 179% · Top 25%
Debt / equity 0.39× · Lower than median

Valuation Multiples vs Real Estate - Diversified median · lower = cheaper

P/E (TTM) 3.0× · Cheaper than 75% of peers
P/B 0.05× · Cheaper than 75% of peers
P/S (TTM) 0.52× · 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 100 · sector 46
FUTURE 100 · sector 32
PAST 16 · sector 17
HEALTH 81 · sector 75
DIVIDEND 0 · sector 45

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.

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10 more Real Estate - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

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Frequently asked questions

Is Parkwood Holdings (2682) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 0.0935 MYR versus a price of 0.0600 MYR, about +56% (undervalued).
What is the fair value of 2682?
Our model-based fair value for Parkwood Holdings is 0.0935 MYR (as of Jul 11, 2026), built from audited fundamentals. The current price is 0.0600 MYR.
What is the quality score of 2682?
Parkwood Holdings has a Quality Score of 36/100. 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 Parkwood Holdings (2682)?
Parkwood Holdings reported trailing-twelve-month revenue of about 16.5M MYR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 2682?
The net profit margin of Parkwood Holdings is about 37.8%, meaning it keeps roughly 37.8% of revenue as net income. Based on the latest reported figures.

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.

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