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Land & General Berhad, an investment holding company, (3174) Fair Value & Analysis

Real Estate · MY · Market cap 491M MYR

LG Land & General Berhad, an investment holding company, 3174 · KLSE
Price0.1750 MYR
Fair Value0.3000 MYR
Upside+71.4%
Quality59/100
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Mixed Growth
Solidly profitable · 10.3% net margin
Low debt · generates free cash flow
6.06% dividend yield
Ranks above peers (12/14)
Narrow moat 43/100
Evidence: Medium Range 0.2900 MYR – 0.4100 MYR Share as image

Fair value as of: Jul 16, 2026

From 16 valuation models · updated 25 days ago

Share price +6.1% over the past month.

A solid business, screening 71% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.2900 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (59/100) at a price below fair value, the discount is the argument here, not the business quality.
  • 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)

0.1823 MYR 0.0756 MYR Fair Value 0.3000 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 0.0756 MYR – 0.1823 MYR · fair‑value band 0.2900 MYR – 0.4100 MYR · the 0.1750 MYR price screens below the 0.3000 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

Land & General Berhad, an investment holding company, (3174) currently trades at 0.1750 MYR, while our model-based Fair Value estimate is 0.3000 MYR, implying the stock looks roughly 71.4% undervalued today. The Quality Score stands at 59/100 (solid 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, Land & General Berhad, an investment holding company, generated revenue of 491M MYR at a net margin of 10.3%. Revenue declined 3.6% year over year. It earns a return on equity of 4.0%. Net debt stands at 156M MYR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 0.2900 MYR (bear case) to 0.4100 MYR (bull case); at 0.1750 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 7% below its 52-week high and 88% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at 71%, 3174 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
Growth DCF 0.2800 MYR 0.4900 MYR 0.8700 MYR 80
Residual Income 0.2800 MYR 0.2700 MYR 0.2300 MYR 76
Rev-Margin DCF 0.2500 MYR 0.5400 MYR 1.02 MYR 74
All 16 models by family
DCF Models
FCF DCF 0.3000 MYR 0.4500 MYR 0.9200 MYR 38
5Y Revenue Exit 0.2500 MYR 0.4600 MYR 0.9000 MYR 39
5Y EBITDA Exit 0.3300 MYR 0.6200 MYR 1.19 MYR 41
10Y Revenue Exit 0.2600 MYR 0.5800 MYR 0.8100 MYR 36
10Y EBITDA Exit 0.3200 MYR 0.7200 MYR 1.47 MYR 37
Dividend Discount
Gordon GGM 0.0600 MYR 0.1100 MYR 0.1500 MYR 70
DDM Multi-Stage 0.0600 MYR 0.1000 MYR 0.1200 MYR 61
Multiples
P/S Multiple 0.2200 MYR 0.2900 MYR 0.3600 MYR 58
P/B Multiple 0.2200 MYR 0.2900 MYR 0.3600 MYR 55
EV/EBIT 0.4200 MYR 0.5700 MYR 0.7200 MYR 53
EV/EBITDA 0.3400 MYR 0.4700 MYR 0.6000 MYR 54
EV/Revenue 0.2100 MYR 0.3200 MYR 0.4300 MYR 43
Asset-Based
NCAV (Graham) 0.2000 MYR 0.2600 MYR 0.3900 MYR 50
Growth DCF
Growth DCF 0.2800 MYR 0.4900 MYR 0.8700 MYR 80
Rev-Margin DCF 0.2500 MYR 0.5400 MYR 1.02 MYR 74
Economic Profit
Residual Income 0.2800 MYR 0.2700 MYR 0.2300 MYR 76

Widest divergence: DCF Models (0.5800 MYR) versus Dividend Discount (0.1000 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 491M MYR
Revenue growth (YoY) -3.6%
Net margin 10.3%
Return on equity 4.0%
Free cash flow 73.6M MYR FY2026
P/E ratio 8.3
More key figures
Operating margin 15.3%
EPS (TTM) 0.0200 MYR
Dividend yield 6.3%
EPS growth (YoY) -49.9%
Net debt 156M MYR FY2026

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 58 · Market factors (momentum, volatility) 77

Profitability 29
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 74
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 77
Price trend over the last 3–12 months (market factor)
52W Momentum 93
Distance to the 52-week high (market factor)
Net Issuance 82
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

Land & General Berhad, an investment holding company, engages in the property development business in Malaysia and Australia. It operates through three segments: Property Development, Education, and Other.

Full company description

Land & General Berhad, an investment holding company, engages in the property development business in Malaysia and Australia. It operates through three segments: Property Development, Education, and Other. The company is involved in the development of residential and commercial properties; operation of co-education schools from kindergarten to secondary education; land cultivation; and investment in commercial properties. It also engages in the leasing of assets; provision of management services; cultivation of bamboo and oil palm; and property investment and management activities, as well as offers education services. The company was formerly known as General Lumber (Holdings) Bhd and changed its name to Land & General Berhad in 1991. Land & General Berhad was incorporated in 1964 and is headquartered in Kuala Lumpur, Malaysia.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Land & General Berhad, an investment holding company, reported revenue of 491M MYR in FY2026 versus 193M MYR in FY2022, a compound +26.3%/yr. Reported net income was 50.5M MYR in FY2026, compounding +26.6%/yr from FY2022.

Growth Quality 83/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
491M MYR
Latest YoY
+70.6%
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.
+25.3%
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.
+29.5%
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.
+6.4%
Revenue +26.3%/yr
FY22 193M MYR
FY23 249M MYR
FY24 217M MYR
FY25 288M MYR
FY26 491M MYR
Net income +26.6%/yr
FY22 19.7M MYR
FY23 26.7M MYR
FY24 23.2M MYR
FY25 36.4M MYR
FY26 50.5M MYR

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Cite: Fair Value Calculator (2026). "Land & General Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/3174

Peer Group

Real Estate - Development · 588 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 60 · Top 25%
Fair Value upside +71% · Above median
Return on equity (TTM) 4% · Above median
Return on assets 3% · Above median
Net margin (TTM) 10% · Above median
Operating margin (TTM) 15% · Above median
Revenue growth -4% · Below median
Dividend yield (TTM) 6.1% · Top 25%
Debt / equity 0.11× · Lower than median

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

P/E (TTM) 8.3× · Cheaper than median
P/B 0.10× · Cheaper than 75% of peers
P/S (TTM) 0.25× · Cheaper than median
P/FCF 1.6× · Pricier than median
EV/EBITDA 2.6× · Cheaper than 75% of peers

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 48
FUTURE 0 · sector 0
PAST 16 · sector 10
HEALTH 94 · sector 84
DIVIDEND 100 · sector 38

Insider activity: 40/100

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.

Similar stocks

10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹657.75 ₹159.49 -76%
Lodha Developers Limited LODHA ₹1,188 ₹583.43 -51%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,125 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,925 ₹1,183 -39%
Godrej Properties Limited GODREJPROP ₹2,102 ₹1,044 -50%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 555.00 IDR 1,388 IDR +150%
PT Sentul City Tbk, BKSL 64.00 IDR 84.16 IDR +32%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,100 IDR 6,239 IDR +52%

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Frequently asked questions

Is Land & General Berhad, an investment holding company, (3174) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 0.3000 MYR versus a price of 0.1750 MYR, about +71% (undervalued).
What is the fair value of 3174?
Our model-based fair value for Land & General Berhad, an investment holding company, is 0.3000 MYR (as of Jul 16, 2026), built from audited fundamentals. The current price is 0.1750 MYR.
What is the quality score of 3174?
Land & General Berhad, an investment holding company, has a Quality Score of 59/100. 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 Land & General Berhad, an investment holding company, (3174)?
Land & General Berhad, an investment holding company, reported trailing-twelve-month revenue of about 491M MYR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 3174?
The net profit margin of Land & General Berhad, an investment holding company, is about 10.3%, meaning it keeps roughly 10.3% of revenue as net income. Based on the latest reported figures.
Does Land & General Berhad, an investment holding company, pay a dividend?
Land & General Berhad, an investment holding company, currently shows a dividend yield of about 6.25% relative to its recent price (as of Jul 16, 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.

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