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Dutch Lady Milk Industries Berhad, a dairy company, (3026) Fair Value & Analysis

Consumer Defensive · MY · Market cap 2.1B MYR

DL Dutch Lady Milk Industries Berhad, a dairy company, 3026 · KLSE
Price32.50 MYR
Fair Value31.24 MYR
Upside-3.9%
Quality95/100
Evidence: High Range 19.36 MYR – 43.09 MYR

Fair value as of: Jun 24, 2026

From 25 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 27.61 MYR to 31.24 MYR (+13.1%) since Jun 23, 2026. Share price −0.5% over the past month.

Price vs Fair Value (12 months)

33.49 MYR 25.64 MYR Fair Value 31.24 MYR Jun 2025 Jun 2026

12‑month range 25.64 MYR – 33.49 MYR · fair‑value band 19.36 MYR – 43.09 MYR · the 32.50 MYR price screens above the 31.24 MYR fair value. As of Jun 24, 2026.

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Analysis

Dutch Lady Milk Industries Berhad, a dairy company, (3026) currently trades at 32.50 MYR, while our model-based Fair Value estimate is 31.24 MYR — implying the stock looks roughly 3.9% overvalued today. We read business quality at 95/100 (high quality), in the Consumer Defensive sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: high).

Over the trailing twelve months, Dutch Lady Milk Industries Berhad, a dairy company, generated revenue of 1.5B MYR at a net margin of 7.1%. Revenue grew 6.5% year over year. It earns a return on equity of 19.2%. The stock trades on a trailing P/E of 19.4. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 1.5B MYR
Revenue growth (YoY) +6.5%
Net margin 7.1%
Return on equity 19.2%
Free cash flow 54.3M MYR FY2025
P/E ratio 19.4
More key figures
Operating margin 10.6%
EPS (TTM) 1.69 MYR
Dividend yield 1.7%
EPS growth (YoY) +19.7%
Net cash 234K MYR FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Dutch Lady Milk Industries Berhad, a dairy company, manufactures and distributes various dairy products in Malaysia. The company offers UHT, pasteurized, and juicy milk; family milk powder; formulated milk powder and formula dietary food for children; liquid milk in different packaging formats; yoghurt; and specialized powders for infants and children. It sells its products under the Dutch Lady, Dutch Baby, Frisolac, Friso Gold, Dutch Lady PureFarm, and Debic brands. The company was incorporated in 1963 and is headquartered in Petaling Jaya, Malaysia. Dutch Lady Milk Industries Berhad operates as a subsidiary of FrieslandCampina DLMI Malaysia Holding B.V.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Dutch Lady Milk Industries Berhad, a dairy company, reported revenue of 1.5B MYR in FY2025 versus 1.1B MYR in FY2021, a compound +7.3%/yr. Reported net income was 103M MYR in FY2025, compounding −19.7%/yr from FY2021.

Revenue +7.3%/yr
FY21 1.1B MYR
FY22 1.3B MYR
FY23 1.4B MYR
FY24 1.4B MYR
FY25 1.5B MYR
Net income −19.7%/yr
FY21 248M MYR
FY22 46.3M MYR
FY23 72.4M MYR
FY24 96.6M MYR
FY25 103M MYR

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Nestlé India Limited NESTLEIND ₹1,386 ₹278.10 -80%
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Frequently asked questions

Is Dutch Lady Milk Industries Berhad, a dairy company, (3026) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 31.24 MYR versus a price of 32.50 MYR — about −4% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 3026?
Our 21-model fair value for Dutch Lady Milk Industries Berhad, a dairy company, is 31.24 MYR (as of Jun 24, 2026), built from audited fundamentals. The current price is 32.50 MYR.
What is the quality score of 3026?
Dutch Lady Milk Industries Berhad, a dairy company, has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Dutch Lady Milk Industries Berhad, a dairy company, (3026)?
Dutch Lady Milk Industries Berhad, a dairy company, reported trailing-twelve-month revenue of about 1.5B MYR (latest available figure, as of Jun 24, 2026).
What is the net profit margin of 3026?
The net profit margin of Dutch Lady Milk Industries Berhad, a dairy company, is about 7.1%, meaning it keeps roughly 7.1% of revenue as net income. Based on the latest reported figures.
Does Dutch Lady Milk Industries Berhad, a dairy company, pay a dividend?
Dutch Lady Milk Industries Berhad, a dairy company, currently shows a dividend yield of about 1.68% relative to its recent price (as of Jun 24, 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.

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