Dagang NeXchange Berhad, an investment holding company, (4456) Fair Value & Analysis
Technology · MY · Market cap 1.5B MYR
Fair value as of: Jul 17, 2026
From 6 valuation models · updated 24 days ago
Share price +14.9% over the past month.
Below-average quality, and screening another 84% overvalued on our models.
What matters now
- The price sits above even our optimistic bull case (0.0900 MYR). The favourable scenario is already priced in.
- Weak quality (31/100) and above fair value at the same time, the margin of safety is missing on both counts.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.
How to read this chart
60‑month range 0.2250 MYR – 1.26 MYR · fair‑value band 0.0700 MYR – 0.0900 MYR · the 0.5000 MYR price screens above the 0.0800 MYR fair value. Dashed = 300-day average. As of Jul 17, 2026.
Analysis
Dagang NeXchange Berhad, an investment holding company, (4456) currently trades at 0.5000 MYR, while our model-based Fair Value estimate is 0.0800 MYR, implying the stock looks roughly 84.0% overvalued today. The Quality Score stands at 31/100 (below-average quality), in the Technology 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: medium).
Over the trailing twelve months, Dagang NeXchange Berhad, an investment holding company, generated revenue of 1.0B MYR at a net margin of -25.0%. Revenue declined 9.9% year over year. It earns a return on equity of -18.8%. The balance sheet holds a net cash position of 167M MYR. Fundamentals as of Jul 17, 2026
Our scenario range runs from 0.0700 MYR (bear case) to 0.0900 MYR (bull case); at 0.5000 MYR, the current price sits above 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 near its 52-week high and 117% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -25% fair-value upside, at -84%, 4456 screens richer 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.
All 6 models by family
Widest divergence: Asset-Based (0.2600 MYR) versus Multiples (0.1100 MYR). Highest evidence: Growth DCF (80).
Notify me when 4456 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 31 · Market factors (momentum, volatility) 87
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
Dagang NeXchange Berhad, an investment holding company, engages in information technology (IT), Semiconductor, and energy businesses in Asia, Europe, and North America.
Full company description
Dagang NeXchange Berhad, an investment holding company, engages in information technology (IT), Semiconductor, and energy businesses in Asia, Europe, and North America. It is involved in the development, management, and provision of business to government (B2G) e-commerce and computerized transaction in trade facilitation services; research and development, designing, manufacturing, and trading of radio-frequency technology; and provision of services for infrastructure works for telecommunication industry. The company also engages in the business of online marketing and e-market place; trading of various types of drinking water and beverages; provision of technical consultancy, maintenance, and technical support service to eBusiness; and operation of business to business (B2B) eCommerce portal. In addition, the company offers consultancy and advisory in computer hardware, software, peripherals, and other IT based products; IT project management, maintenance and asset management; manufacturing of semiconductor wafers and integrated device, as well as supplies multinational fabless; and sale of advanced semiconductor products. Further, it supplies hardware equipment, software, and peripherals; information transmission; explores for, develops, and produces crude oil and natural gas; explores and develops upstream oil and gas assets; designs, develops, constructs, operates, and maintains power plants; provides oilfield services; engineering and technical support services for the oil and gas industry; and sells oil and gas related equipment. Additionally, the company trades in solid state drive products; and provision of subsea cable installation and maintenance services. The company was formerly known as TIME Engineering Berhad and changed its name to Dagang NeXchange Berhad in May 2014. Dagang NeXchange Berhad was incorporated in 1970 and is headquartered in Cyberjaya, Malaysia.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Dagang NeXchange Berhad, an investment holding company, reported revenue of 1.0B MYR in FY2025 versus 1.5B MYR in FY2021, a compound −8.1%/yr. Reported net income was −318M MYR in FY2025.
4456 screens 84% overvalued. Compare with International Business Machines Corporation →
Peer Group
Information Technology Services · 476 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.
Valuation Multiples vs Information Technology Services median · lower = cheaper
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 0: the price sits above our fair-value range.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Information Technology Services stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| International Business Machines Corporation IBM | $235.92 | $143.90 | -39% |
| Accenture plc ACNN | 2,460 MXN | 250.95 MXN | -90% |
| Infosys Limited INFY | ₹1,156 | ₹1,457 | +26% |
| HCL Technologies Limited HCLTECH | ₹1,204 | ₹1,230 | +2% |
| Wipro Limited WIPRO | ₹178.43 | ₹226.81 | +27% |
| Tech Mahindra Limited TECHM | ₹1,455 | ₹1,086 | -25% |
| Samsung SDS Co 018260 | 199,300 KRW | 196,390 KRW | -1% |
| Persistent Systems Limited PERSISTENT | ₹5,059 | ₹2,364 | -53% |
| Hyundai Autoever Corporation 307950 | 393,000 KRW | 133,088 KRW | -66% |
| Coforge Limited COFORGE | ₹1,541 | ₹702.84 | -54% |
Compare Dagang NeXchange Berhad, an investment holding company, with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Technology stocks →
Frequently asked questions
Is Dagang NeXchange Berhad, an investment holding company, (4456) overvalued or undervalued?
What is the fair value of 4456?
What is the quality score of 4456?
What is the revenue of Dagang NeXchange Berhad, an investment holding company, (4456)?
What is the net profit margin of 4456?
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.
Track Dagang NeXchange Berhad, an investment holding company, and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.