Marco Holdings Bhd (3514) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Marco Holdings Bhd stock MYR 0.23, price MYR 0.11, upside +119.0%, quality 68 out of 100. Rating: strongly undervalued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 3, 2026.
How to read this chart
60‑month range 0.0793 MYR – 0.1879 MYR · fair‑value band 0.1800 MYR – 0.3000 MYR · the 0.1050 MYR price screens below the 0.2300 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Marco Holdings Berhad, an investment holding company, engages in wholesale and distribution of timepieces, consumer technology, electronic products, and electronic musical instruments in Malaysia.
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The company imports, exports, and distributes calculators, time pieces, musical keyboards; retails watches, clocks, gifts, and other accessories; and trades time pieces and electronic calculators online. It also provides franchise management services.
Marco Holdings Berhad was incorporated in 1969 and is based in Kuala Lumpur, Malaysia.
Stock analysis
Marco Holdings Bhd (3514) currently trades at 0.1050 MYR, while our model-based Fair Value estimate is 0.2300 MYR, implying the stock looks roughly 54% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 0.2400 MYR per share, and 22 of the 22 models we run sit above the 0.1050 MYR price.
Bear case: the Earnings-Based group reads lowest at 0.1100 MYR, and 0 of the 22 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.1800 MYR (bear) to 0.3000 MYR (bull), the price of 0.1050 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 68/100 (solid quality), in the Technology sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Marco Holdings Bhd reported revenue of 176M MYR in FY2025 versus 155M MYR in FY2021, a compound +3.3%/yr. Reported net income was 10.6M MYR in FY2025, compounding −12.3%/yr from FY2021.
Key figures
Market cap 111M MYR (≈ $27.3M) Micro · P/E ratio 10.5 · P/S ratio 0.62 · EPS (TTM) 0.0100 MYR · Net margin 6.2% · Return on equity 5.5% · Return on assets (EBIT) 8.2% (5-year average) · Operating margin 8.2%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 40 out of 100 (low confidence).
What moves the price
The share trades about 5% below its 52-week high and 11% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at 0% fair-value upside, at 119%, 3514 screens cheaper than that median.
Fair Value models
Bear0.1800 MYRFair Value 0.2300 MYRBull0.3000 MYR
Price 0.1050 MYR · Upside +119.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.0086 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = 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.60/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−8.9%
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.
−0.3%
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.
+4.0%
Start year 2020 (pandemic). Over 10 years: +0.4% a year
Revenue growth 14 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.
+2.2%
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What shareholders gained per year (last 5 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 5 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.
−7.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−7.3%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−7.3% vs −4.9%, steady
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.12% → 8%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
The company could shrink this much every year for the next five years and today's price would still be justified.
Price, fair value, quality and upside side by side.
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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.Electronics & Computer Distribution · 150 stocks
Beats the industry median on 9/12 measures
Overall it ranks above its industry peers.
Valuation
Quality Score68 · Top 25%
Fair Value upside+119.0% · Top 25%
Profitability
Return on equity (12 months)5.5% · Below median
Return on assets4.8% · Above median
Net margin (12 months)6.2% · Top 25%
Operating margin (12 months)8.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−15.9% · Bottom 25%
Valuation Multiplesvs Electronics & Computer Distribution 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.
Cite: Fair Value Calculator (2026). "Marco Holdings Bhd Fair Value". https://www.fairvalue-calculator.com/stock/3514
Frequently asked questions
Is Marco Holdings Bhd (3514) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 0.2300 MYR versus a price of 0.1050 MYR, about +119% upside (undervalued).
What is the fair value of 3514?
Our model-based fair value for Marco Holdings Bhd is 0.2300 MYR (as of Nov 3, 2026), built from audited fundamentals. The current price: 0.1050 MYR.
What is the quality score of 3514?
Marco Holdings Bhd has a Quality Score of 68/100. 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 Marco Holdings Bhd (3514)?
Our model-based price target is the fair value of 0.2300 MYR (as of Nov 3, 2026) from 22 valuation models. Cautious scenario 0.1800 MYR, optimistic scenario 0.3000 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Marco Holdings Bhd stock forecast for 2026?
Our models put fair value at 0.2300 MYR, about +119% upside versus a price of 0.1050 MYR (undervalued). Cautious scenario 0.1800 MYR, optimistic scenario 0.3000 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Marco Holdings Bhd (3514)?
Marco Holdings Bhd reported trailing-twelve-month revenue of about 179M MYR (latest available figure, as of Nov 3, 2026).
What growth is priced into Marco Holdings Bhd (3514)?
For today's price to be fair in a discounted-cash-flow model, Marco Holdings Bhd would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 9.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.0 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of 3514 use?
Our models discount Marco Holdings Bhd at 9.7 %: a base by market capitalisation (nano), damped by beta 0.00, country premium for Malaysia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Marco Holdings Bhd that is less than minus 40 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (9.7 %) and the same formula as our fair value.
How much growth has Marco Holdings Bhd (3514) delivered so far?
Over the past 5 years revenue at Marco Holdings Bhd grew +4.0 % a year. The price currently implies free-cash-flow growth of less than minus 40 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Marco Holdings Bhd (3514) growing?
The median revenue growth in the sector is +11.5 % a year. That is the yardstick for the growth priced into Marco Holdings Bhd (less than minus 40 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Marco Holdings Bhd (3514)?
The free-cash-flow yield on the price is 13.90 %: that much free cash flow Marco Holdings Bhd produces per unit of market value. When it exceeds the discount rate of our models (9.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Marco Holdings Bhd (3514)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Marco Holdings Bhd it is 0.2300 MYR per share (as of Nov 3, 2026), against a price of 0.1050 MYR. It is the blended result of 22 valuation models in 7 families (DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Marco Holdings Bhd stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 3514 trades below its calculated fair value: price 0.1050 MYR, fair value 0.2300 MYR, a gap of about +119% (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 3514?
No. The price is what the market pays today (0.1050 MYR); the fair value is what the company's own numbers justify (0.2300 MYR). For Marco Holdings Bhd the two are 0.1250 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Marco Holdings Bhd worth?
The market values Marco Holdings Bhd at about 111M MYR (market capitalisation, as of Nov 3, 2026). Per share that is 0.1050 MYR; our models calculate a fair value of 0.2300 MYR per share.
What do the bullish and bearish scenarios say about 3514?
Our models span a range for Marco Holdings Bhd: cautious scenario 0.1800 MYR, base 0.2300 MYR, optimistic 0.3000 MYR per share (as of Nov 3, 2026, price 0.1050 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 3514?
Marco Holdings Bhd trades at a price-to-earnings ratio of 10.5 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.2300 MYR is built from several models across several years. Other multiples: P/B 0.6, P/S 0.6, EV/EBITDA 4.2.
How solid is the balance sheet of Marco Holdings Bhd (3514)?
Balance-sheet figures for Marco Holdings Bhd (as of Nov 3, 2026): return on equity 5.5%. They feed the Quality Score of 68/100, which measures business quality independently of the share price.
How far is 3514 from its 52-week high?
Marco Holdings Bhd trades at 0.1050 MYR, about 5% below its 52-week high of 0.1100 MYR and 11% above the low of 0.0950 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 0.2300 MYR is for.
Which stocks are comparable to Marco Holdings Bhd?
From the same area (Technology) we also value TD SYNNEX Corporation, Unisplendour Corporation, Arrow Electronics, Inc, Avnet, Inc, 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 Marco Holdings Bhd stock attractive at the current price?
The data as of Nov 3, 2026: price 0.1050 MYR, calculated fair value 0.2300 MYR (+119%), Quality Score 68/100, from 22 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 3514 calculated?
We run Marco Holdings Bhd through 22 models from 7 families: DCF Models, Earnings-Based, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 0.2300 MYR builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Marco Holdings Bhd currently trades 54% 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 Marco Holdings Bhd (3514)?
The closing price on Nov 6, 2026 was 0.1050 MYR. Our model-based fair value is 0.2300 MYR, about +119% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Marco Holdings Bhd right now?
The price is below even our cautious bear case (0.1800 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. Solid quality (68/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of Marco Holdings Bhd
How large is the market capitalisation of Marco Holdings Bhd (3514)?
The market capitalisation of Marco Holdings Bhd is 111M MYR (≈ $27.3M). 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 Marco Holdings Bhd (3514)?
The price-to-sales ratio of Marco Holdings Bhd is 0.62 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Marco Holdings Bhd (3514)?
Earnings per share at Marco Holdings Bhd are 0.0100 MYR (price ÷ EPS = P/E 10.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Marco Holdings Bhd (3514)?
The net margin of Marco Holdings Bhd is 6.2% (last twelve months). 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 Marco Holdings Bhd (3514)?
The return on equity (ROE) of Marco Holdings Bhd is 5.5% (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 Marco Holdings Bhd (3514)?
On an EBIT basis the return on assets of Marco Holdings Bhd is 8.2% (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 Marco Holdings Bhd (3514)?
The operating margin of Marco Holdings Bhd is 8.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Marco Holdings Bhd (3514)?
Revenue at Marco Holdings Bhd is growing −15.9% versus a year earlier (3y avg −0.3%). 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 Marco Holdings Bhd (3514)?
Earnings per share at Marco Holdings Bhd are growing +9.4% versus a year earlier. How much earnings per share grew versus a year earlier.
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Thin data
Nov 3, 2026