Amalgamated Industrial Steel Berhad (2682) fair value: what the stock is really worth
As of Sep 18, 2026: fair value of Amalgamated Industrial Steel Berhad MYR 0.11, price MYR 0.07, upside +65.9%, quality 36 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Amalgamated Industrial Steel Berhad for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 23, 2026.
How to read this chart
60‑month range 0.0550 MYR – 0.2875 MYR · fair‑value band 0.0857 MYR – 0.1299 MYR · the 0.0650 MYR price screens below the 0.1078 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 23, 2026.
Follow Amalgamated Industrial Steel Berhad in your weekly email
Every Wednesday you see whether Amalgamated Industrial Steel Berhad 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.
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.
Show more
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.
Stock analysis
Amalgamated Industrial Steel Berhad (2682) currently trades at 0.0650 MYR, while our model-based Fair Value estimate is 0.1078 MYR, implying the stock looks roughly 39.7% undervalued today.
Show more
Valuation
Bull case: the Economic Profit group reads highest at a median of 0.2100 MYR per share, and 7 of the 7 models we run sit above the 0.0650 MYR price.
Bear case: the Multiples group reads lowest at 0.1600 MYR, and 0 of the 7 models stay below the price. Evidence for this calculation is low.
Scenario range: 0.0857 MYR (bear) to 0.1299 MYR (bull), the price of 0.0650 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 36/100 (below-average quality), in the Real Estate sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Amalgamated Industrial Steel Berhad 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.
Key figures
Market cap 38.3M MYR (≈ $9.4M) · P/E ratio 3.3 · P/S ratio 1.19 · EPS (TTM) 0.0200 MYR · Net margin 36.5% · Return on equity 4.0% · Return on assets (EBIT) 0.3% · Operating margin −99.5%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 28% below its 52-week high and 18% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −9% fair-value upside, at 66%, 2682 screens cheaper than that median.
Fair Value models
Bear 0.0857 MYRFair Value 0.1078 MYRBull 0.1299 MYR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.0147 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.Evidence ⓘEvidence = 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.
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.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−15.5%
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.
−5.7%
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.
+18.8%
Start year 2020 (pandemic). Over 10 years: −14.0% a year
Revenue growth 13 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.
−16.2%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
What shareholders gained per year (last 3 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 3 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.
+3.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year+3.9%
Dividend (yield on the price)0.0%
Profit margin 2020 to 2025 ⓘ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.−47% → 63%
⚠ Revenue per share shrinking 7.9%/yr over ~7Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Amalgamated Industrial Steel Berhad with another stock
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.Real Estate - Diversified · 133 stocks
Beats the industry median on 7/11 measures
Overall it ranks above its industry peers.
Valuation
Quality Score38 · Bottom 25%
Fair Value upside+66% · Above median
Profitability
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%
Growth and dividend
Revenue growth179% · Top 25%
Balance sheet
Debt / equity0.39× · Below median
Valuation Multiplesvs Real Estate - Diversified median · lower = cheaper
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.
Is Amalgamated Industrial Steel Berhad (2682) overvalued or undervalued?
As of Sep 23, 2026, our model estimates a fair value of 0.1078 MYR versus the last price from Sep 18, 2026 of 0.0650 MYR, about +66% upside (undervalued).
What is the fair value of 2682?
Our model-based fair value for Amalgamated Industrial Steel Berhad is 0.1078 MYR (as of Sep 23, 2026), built from audited fundamentals. Last price (from Sep 18, 2026): 0.0650 MYR.
What is the quality score of 2682?
Amalgamated Industrial Steel Berhad 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 price target for Amalgamated Industrial Steel Berhad (2682)?
Our model-based price target is the fair value of 0.1078 MYR (as of Sep 23, 2026) from 7 valuation models. Cautious scenario 0.0857 MYR, optimistic scenario 0.1299 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Amalgamated Industrial Steel Berhad stock forecast for 2026?
Our models put fair value at 0.1078 MYR, about +66% upside versus the last price from Sep 18, 2026 of 0.0650 MYR (undervalued). Cautious scenario 0.0857 MYR, optimistic scenario 0.1299 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Amalgamated Industrial Steel Berhad (2682)?
Amalgamated Industrial Steel Berhad reported trailing-twelve-month revenue of about 16.5M MYR (latest available figure, as of Sep 23, 2026).
What is the intrinsic value of Amalgamated Industrial Steel Berhad (2682)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Amalgamated Industrial Steel Berhad it is 0.1078 MYR per share (as of Sep 23, 2026), against a price of 0.0650 MYR. It is the blended result of 7 valuation models (cash flow, earnings, asset, dividend).
Is Amalgamated Industrial Steel Berhad stock overvalued or undervalued in 2026?
As of Sep 23, 2026, 2682 trades below its calculated fair value: price 0.0650 MYR, fair value 0.1078 MYR, a gap of about +66% (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 2682?
No. The price is what the market pays today (0.0650 MYR); the fair value is what the company's own numbers justify (0.1078 MYR). For Amalgamated Industrial Steel Berhad the two are 0.0428 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Amalgamated Industrial Steel Berhad worth?
The market values Amalgamated Industrial Steel Berhad at about 38.3M MYR (market capitalisation, as of Sep 23, 2026). Per share that is 0.0650 MYR; our models calculate a fair value of 0.1078 MYR per share.
What do the bullish and bearish scenarios say about 2682?
Our models span a range for Amalgamated Industrial Steel Berhad: cautious scenario 0.0857 MYR, base 0.1078 MYR, optimistic 0.1299 MYR per share (as of Sep 23, 2026, price 0.0650 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 2682?
Amalgamated Industrial Steel Berhad trades at a price-to-earnings ratio of 3.3 (as of Sep 23, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.1078 MYR is built from several models across several years. Other multiples: P/B 0.1, P/S 0.6.
How solid is the balance sheet of Amalgamated Industrial Steel Berhad (2682)?
Balance-sheet figures for Amalgamated Industrial Steel Berhad (as of Sep 23, 2026): return on equity 4.0%, debt of 0.39 per unit of equity. They feed the Quality Score of 36/100, which measures business quality independently of the share price.
How far is 2682 from its 52-week high?
Amalgamated Industrial Steel Berhad trades at 0.0650 MYR, about 28% below its 52-week high of 0.0900 MYR and 18% above the low of 0.0550 MYR (as of Sep 18, 2026). Distance from the high says nothing about value: that is what the fair value of 0.1078 MYR is for.
Which stocks are comparable to Amalgamated Industrial Steel Berhad?
From the same area (Real Estate) we also value Swiss Prime Site AG, Central Pattana Public Company, Prestige Estates Projects Limited, The Phoenix Mills Limited, 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 Amalgamated Industrial Steel Berhad stock attractive at the current price?
The data as of Sep 23, 2026: price 0.0650 MYR, calculated fair value 0.1078 MYR (+66%), Quality Score 36/100, from 7 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 2682 calculated?
We run Amalgamated Industrial Steel Berhad through 7 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 0.1078 MYR, 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 14.0 % above its aggregate fair value. Amalgamated Industrial Steel Berhad currently trades 66 % 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 Amalgamated Industrial Steel Berhad (2682)?
The latest price we hold is from Sep 18, 2026 and stands at 0.0650 MYR. Our model-based fair value is 0.1078 MYR, about +66% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Amalgamated Industrial Steel Berhad right 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 (0.0857 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. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Amalgamated Industrial Steel Berhad
How large is the market capitalisation of Amalgamated Industrial Steel Berhad (2682)?
The market capitalisation of Amalgamated Industrial Steel Berhad is 38.3M MYR (≈ $9.4M). 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 Amalgamated Industrial Steel Berhad (2682)?
The price-to-sales ratio of Amalgamated Industrial Steel Berhad is 1.19 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Amalgamated Industrial Steel Berhad (2682)?
Earnings per share at Amalgamated Industrial Steel Berhad are 0.0200 MYR (price ÷ EPS = P/E 3.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Amalgamated Industrial Steel Berhad (2682)?
The net margin of Amalgamated Industrial Steel Berhad is 36.5% (fiscal year 2025). 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 Amalgamated Industrial Steel Berhad (2682)?
The return on equity (ROE) of Amalgamated Industrial Steel Berhad is 4.0% (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 Amalgamated Industrial Steel Berhad (2682)?
On an EBIT basis the return on assets of Amalgamated Industrial Steel Berhad is 0.3% (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 Amalgamated Industrial Steel Berhad (2682)?
The operating margin of Amalgamated Industrial Steel Berhad is −99.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Amalgamated Industrial Steel Berhad (2682)?
Revenue at Amalgamated Industrial Steel Berhad is growing +179% versus a year earlier (3y avg −5.7%). 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 Amalgamated Industrial Steel Berhad (2682)?
Earnings per share at Amalgamated Industrial Steel Berhad are growing +187% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Amalgamated Industrial Steel Berhad (2682) generate?
The free cash flow of Amalgamated Industrial Steel Berhad is −32.2M MYR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Amalgamated Industrial Steel Berhad (2682) carry?
The net debt of Amalgamated Industrial Steel Berhad is 58.2M MYR (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Amalgamated Industrial Steel Berhad in the live analysis
One click puts Amalgamated Industrial Steel Berhad on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
