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Unisem (M) Berhad, (5005) Fair Value & Analysis

Technology · MY · Market cap 7.3B MYR

UM Unisem (M) Berhad, 5005 · KLSE
Price4.35 MYR
Fair Value0.9600 MYR
Upside-77.9%
Quality54/100
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Expensive Growth
Thin margins · 3.5% net margin
Low debt · negative free cash flow
1.09% dividend yield
Trails peers (5/14)
Narrow moat 27/100
Evidence: High Range 0.7500 MYR – 1.32 MYR Share as image

Fair value as of: Jul 15, 2026

From 15 valuation models · updated 25 days ago

Fair value updated Jul 15, 2026, revised from 0.9700 MYR to 0.9600 MYR (−1.0%) since Jul 11, 2026. Share price −2.5% over the past month.

A solid business, but screening 78% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (1.32 MYR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (54/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

5.30 MYR 1.79 MYR Fair Value 0.9600 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 1.79 MYR – 5.30 MYR · fair‑value band 0.7500 MYR – 1.32 MYR · the 4.35 MYR price screens above the 0.9600 MYR fair value. Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Unisem (M) Berhad, (5005) currently trades at 4.35 MYR, while our model-based Fair Value estimate is 0.9600 MYR, implying the stock looks roughly 77.9% overvalued today. The Quality Score stands at 54/100 (solid 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: high).

Over the trailing twelve months, Unisem (M) Berhad, generated revenue of 1.9B MYR at a net margin of 3.5%. Revenue grew 9.7% year over year. It earns a return on equity of 3.1%. Net debt stands at 168M MYR. Fundamentals as of Jul 15, 2026

Our scenario range runs from 0.7500 MYR (bear case) to 1.32 MYR (bull case); at 4.35 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 about 19% below its 52-week high and 129% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -67% fair-value upside, at -78%, 5005 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.

Model BearBaseBull Evidence
Highest evidence
Residual Income 0.9700 MYR 0.9700 MYR 0.8800 MYR 76
ROIC Compounder 0.5600 MYR 0.6300 MYR 0.6900 MYR 72
Gordon GGM 0.5300 MYR 1.02 MYR 1.59 MYR 70
All 15 models by family
Earnings-Based
Graham-Dodd 0.3700 MYR 0.9500 MYR 1.24 MYR 54
PEG = 1.0 0.1800 MYR 0.2600 MYR 0.3400 MYR 46
EPV 0.5600 MYR 0.6300 MYR 0.6900 MYR 59
Dividend Discount
Gordon GGM 0.5300 MYR 1.02 MYR 1.59 MYR 70
DDM Multi-Stage 0.5300 MYR 0.8000 MYR 1.07 MYR 61
Multiples
P/E Multiple 0.8100 MYR 1.07 MYR 1.34 MYR 63
P/S Multiple 0.6800 MYR 0.9100 MYR 1.14 MYR 58
P/B Multiple 0.6800 MYR 0.9100 MYR 1.14 MYR 55
EV/EBIT 0.9900 MYR 1.27 MYR 1.56 MYR 53
EV/EBITDA 2.24 MYR 2.94 MYR 3.64 MYR 54
EV/Revenue 0.7100 MYR 0.9600 MYR 1.20 MYR 43
Asset-Based
NCAV (Graham) 0.6500 MYR 0.8700 MYR 1.30 MYR 50
Economic Profit
Residual Income 0.9700 MYR 0.9700 MYR 0.8800 MYR 76
ROIC Compounder 0.5600 MYR 0.6300 MYR 0.6900 MYR 72
Growth Earnings
Growth-Adj P/E 0.6300 MYR 0.9000 MYR 1.17 MYR 68

Widest divergence: Multiples (0.9600 MYR) versus Earnings-Based (0.6300 MYR). Highest evidence: Residual Income (76).

Key figures & financial health

Revenue (TTM) 1.9B MYR
Revenue growth (YoY) +9.7%
Net margin 3.5%
Return on equity 3.1%
Free cash flow −164M MYR FY2025
P/E ratio 113.0
More key figures
Operating margin -1.3%
EPS (TTM) 0.0400 MYR
Dividend yield 1.1%
EPS growth (YoY) +499%
Net debt 168M MYR FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 55 · Market factors (momentum, volatility) 74

Profitability 27
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 40
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 65
Disciplined investing over empire-building
Low Volatility 43
Calm price path (market factor)
Momentum 89
Price trend over the last 3–12 months (market factor)
52W Momentum 84
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

Unisem (M) Berhad, together with its subsidiaries, provides semiconductor assembly and test services for electronic companies in Asia, Europe, and the United States.

Full company description

Unisem (M) Berhad, together with its subsidiaries, provides semiconductor assembly and test services for electronic companies in Asia, Europe, and the United States. The company offers packaging and leadframe packaging services including advanced integrated circuit packaging technology, such as wafer bump, redistribution layer design and fabrication, flip chip interconnect, and wafer level chip scale packaging, as well as a range of leadframe and substrate integrated circuit packages. It also provides test services comprising wafer probe and final testing on test equipment covering test platforms, such as radio frequency, analog, digital, and mixed signal; and test related services comprising reliability testing, thermal and electrical characterization, dry pack, and tape and reel. In addition, the company offers turnkey services, including design, assembly, test, failure analysis, warehousing, and drop-ship services. Further, the company engages in marketing, administrative, and other support services. It serves its products to the fabless companies and integrated device manufacturers. The company was incorporated in 1989 and is headquartered in Ipoh, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Unisem (M) Berhad, reported revenue of 1.9B MYR in FY2025 versus 1.6B MYR in FY2021, a compound +4.5%/yr. Reported net income was 86.7M MYR in FY2025, compounding −18.6%/yr from FY2021.

Growth Quality 37/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
1.9B MYR
Latest YoY
+18.4%
Avg. growth/yr (3Y)
+1.7%
Avg. growth/yr (5Y)
+7.7%
Avg. growth/yr (19Y)
+5.4%
Revenue +4.5%/yr
FY21 1.6B MYR
FY22 1.8B MYR
FY23 1.4B MYR
FY24 1.6B MYR
FY25 1.9B MYR
Net income −18.6%/yr
FY21 198M MYR
FY22 243M MYR
FY23 80.2M MYR
FY24 60.7M MYR
FY25 86.7M MYR

5005 screens 78% overvalued. Compare with NVIDIA Corporation →

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Cite: Fair Value Calculator (2026). "Unisem (M) Berhad, Fair Value". https://www.fairvalue-calculator.com/stock/5005

Peer Group

Semiconductors · 319 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 54 · Below median
Fair Value upside −78% · Bottom 25%
Return on equity (TTM) 3% · Below median
Return on assets 2% · Below median
Net margin (TTM) 4% · Below median
Operating margin (TTM) -1% · Below median
Revenue growth 10% · Below median
Dividend yield (TTM) 1.1% · Above median
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Semiconductors median · lower = cheaper

P/E (TTM) 113.0× · Pricier than 75% of peers
P/B 0.85× · Cheaper than 75% of peers
P/S (TTM) 0.93× · Cheaper than 75% of peers
EV/EBITDA 4.8× · Cheaper than 75% of peers
PEG 2.15× · Pricier 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 0 · sector 0
FUTURE 49 · sector 60
PAST 13 · sector 24
HEALTH 99 · sector 97
DIVIDEND 22 · sector 22

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.

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 Semiconductors stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
NVIDIA Corporation NVDA $211.80 $96.91 -54%
Taiwan Semiconductor Manufacturing Company TSM $398.37 $207.49 -48%
Broadcom Inc 1AVGO €367.75 €121.25 -67%
Micron Technology, Inc ZMIC C$52.57 C$7.50 -86%
SK hynix Inc 000660 2,082,000 KRW 1,109,311 KRW -47%
Advanced Micro Devices, Inc 1AMD €425.20 €56.33 -87%
Intel Corporation INTC C$68.40 C$9.82 -86%
Texas Instruments Incorporated TXN $311.46 $59.75 -81%
MediaTek Inc 2454 3,740 TWD 1,163 TWD -69%
SK Square Co 402340 1,212,000 KRW 868,000 KRW -28%

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Frequently asked questions

Is Unisem (M) Berhad, (5005) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 0.9600 MYR versus a price of 4.35 MYR, about −78% (overvalued).
What is the fair value of 5005?
Our model-based fair value for Unisem (M) Berhad, is 0.9600 MYR (as of Jul 15, 2026), built from audited fundamentals. The current price is 4.35 MYR.
What is the quality score of 5005?
Unisem (M) Berhad, has a Quality Score of 54/100. 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 Unisem (M) Berhad, (5005)?
Unisem (M) Berhad, reported trailing-twelve-month revenue of about 1.9B MYR (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 5005?
The net profit margin of Unisem (M) Berhad, is about 3.5%, meaning it keeps roughly 3.5% of revenue as net income. Based on the latest reported figures.
Does Unisem (M) Berhad, pay a dividend?
Unisem (M) Berhad, currently shows a dividend yield of about 1.02% relative to its recent price (as of Jul 15, 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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