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Tong Herr Resources Berhad, an investment holding company, (5010) Fair Value & Analysis

Industrials · MY · Market cap 258M MYR

TH Tong Herr Resources Berhad, an investment holding company, 5010 · KLSE
Price2.38 MYR
Fair Value0.7900 MYR
Upside-66.8%
Quality69/100
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Weak Growth
Thin margins · 0.9% net margin
Low debt · generates free cash flow
2.08% dividend yield
Mixed vs. peers (6/13)
Narrow moat 29/100
Evidence: Medium Range 0.5600 MYR – 0.9800 MYR Share as image

Fair value as of: Jul 11, 2026

From 24 valuation models · updated 30 days ago

Share price +41.7% over the past month.

A solid business, but screening 67% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.9800 MYR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (69/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

2.80 MYR 1.15 MYR Fair Value 0.7900 MYR Sep 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range 1.15 MYR – 2.80 MYR · fair‑value band 0.5600 MYR – 0.9800 MYR · the 2.38 MYR price screens above the 0.7900 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 11, 2026.

Full chart & analysis →

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Analysis

Tong Herr Resources Berhad, an investment holding company, (5010) currently trades at 2.38 MYR, while our model-based Fair Value estimate is 0.7900 MYR, implying the stock looks roughly 66.8% overvalued today. The Quality Score stands at 69/100 (solid quality), in the Industrials 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, Tong Herr Resources Berhad, an investment holding company, generated revenue of 527M MYR at a net margin of 0.9%. Revenue declined 21.6% year over year. It earns a return on equity of 1.4%. Net debt stands at 82.4M MYR. Fundamentals as of Jul 11, 2026

Our scenario range runs from 0.5600 MYR (bear case) to 0.9800 MYR (bull case); at 2.38 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 110% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -26% fair-value upside, at -67%, 5010 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 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 3.82 MYR 4.40 MYR 5.36 MYR 80
Residual Income 2.15 MYR 1.98 MYR 1.25 MYR 76
Rev-Margin DCF 2.69 MYR 3.10 MYR 3.66 MYR 74
All 24 models by family
DCF Models
FCF DCF 3.76 MYR 4.37 MYR 5.48 MYR 38
Owner Earnings 1.53 MYR 1.64 MYR 1.85 MYR 31
5Y Revenue Exit 2.69 MYR 3.02 MYR 3.53 MYR 39
5Y EBITDA Exit 3.13 MYR 3.78 MYR 4.68 MYR 41
5Y P/E Exit 2.57 MYR 2.83 MYR 3.17 MYR 38
10Y Revenue Exit 3.16 MYR 3.50 MYR 3.83 MYR 36
10Y EBITDA Exit 3.41 MYR 3.92 MYR 4.46 MYR 37
10Y P/E Exit 3.12 MYR 3.39 MYR 3.64 MYR 35
Earnings-Based
Graham-Dodd 0.2500 MYR 0.4100 MYR 0.5000 MYR 54
EPV 1.33 MYR 1.37 MYR 1.40 MYR 59
Dividend Discount
Gordon GGM 0.2300 MYR 0.2700 MYR 0.3000 MYR 70
DDM Multi-Stage 0.2300 MYR 0.2800 MYR 0.3400 MYR 61
Multiples
P/E Multiple 0.5900 MYR 0.7900 MYR 0.9800 MYR 63
P/S Multiple 0.4800 MYR 0.6400 MYR 0.8000 MYR 58
P/B Multiple 0.4800 MYR 0.6400 MYR 0.8000 MYR 55
EV/EBIT 2.12 MYR 2.48 MYR 2.85 MYR 53
EV/EBITDA 2.84 MYR 3.44 MYR 4.05 MYR 54
EV/Revenue 1.80 MYR 2.14 MYR 2.47 MYR 43
Asset-Based
NCAV (Graham) 1.73 MYR 2.32 MYR 3.47 MYR 50
Growth DCF
Growth DCF 3.82 MYR 4.40 MYR 5.36 MYR 80
Rev-Margin DCF 2.69 MYR 3.10 MYR 3.66 MYR 74
Economic Profit
Residual Income 2.15 MYR 1.98 MYR 1.25 MYR 76
ROIC Compounder 1.33 MYR 1.37 MYR 1.40 MYR 72
Growth Earnings
Growth-Adj P/E 0.4200 MYR 0.6000 MYR 0.7700 MYR 68

Widest divergence: DCF Models (3.39 MYR) versus Dividend Discount (0.2700 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 527M MYR
Revenue growth (YoY) -21.6%
Net margin 0.9%
Return on equity 1.4%
Free cash flow 56.4M MYR FY2025
P/E ratio 56.0
More key figures
Operating margin 3.3%
EPS (TTM) 0.0300 MYR
Dividend yield 2.1%
EPS growth (YoY) -20.0%
Net debt 82.4M MYR FY2021

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 69/100

Of which business quality 69 · Market factors (momentum, volatility) 83

Profitability 26
Margins and returns on capital today
Quality Growth 61
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 86
Price trend over the last 3–12 months (market factor)
52W Momentum 100
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

Tong Herr Resources Berhad, an investment holding company, engages in manufacturing stainless steel fasteners and aluminum products in Malaysia, Taiwan, the United States, and internationally. The company operates through the Manufacture and Sale of Stainless Steel Fasteners; and Manufacture and Sale of Aluminium Products segments.

Full company description

Tong Herr Resources Berhad, an investment holding company, engages in manufacturing stainless steel fasteners and aluminum products in Malaysia, Taiwan, the United States, and internationally. The company operates through the Manufacture and Sale of Stainless Steel Fasteners; and Manufacture and Sale of Aluminium Products segments. It offers nuts, bolts, screws, and other threaded items. The company is also involved in manufacturing aluminum extrusion and related products; the fabrication and processing; and trading of aluminum extrusion products and parts. It serves machinery assembly, food processing, telecommunications, and construction sectors. Tong Herr Resources Berhad was founded in 1988 and is based in Perai, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tong Herr Resources Berhad, an investment holding company, reported revenue of 561M MYR in FY2025 versus 752M MYR in FY2021, a compound −7.1%/yr. Reported net income was 5.8M MYR in FY2025, compounding −45.3%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
561M MYR
Latest YoY
+4.5%
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.
−17.2%
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.
+0.2%
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.
+1.1%
Revenue −7.1%/yr
FY21 752M MYR
FY22 989M MYR
FY23 598M MYR
FY24 536M MYR
FY25 561M MYR
Net income −45.3%/yr
FY21 64.1M MYR
FY22 82.5M MYR
FY23 6.4M MYR
FY24 1.7M MYR
FY25 5.8M MYR

5010 screens 67% overvalued. Compare with Techtronic Industries Company →

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Cite: Fair Value Calculator (2026). "Tong Herr Resources Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/5010

Peer Group

Tools & Accessories · 119 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 69 · Top 25%
Fair Value upside −67% · Bottom 25%
Return on equity (TTM) 1% · Bottom 25%
Return on assets 0% · Bottom 25%
Net margin (TTM) 1% · Bottom 25%
Operating margin (TTM) 3% · Bottom 25%
Revenue growth -22% · Bottom 25%
Dividend yield (TTM) 2.1% · Above median

Valuation Multiples vs Tools & Accessories median · lower = cheaper

P/E (TTM) 56.0× · Pricier than 75% of peers
P/B 0.12× · Cheaper than 75% of peers
P/S (TTM) 0.12× · Cheaper than 75% of peers
P/FCF 1.1× · Cheaper than median

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 3
FUTURE 0 · sector 14
PAST 6 · sector 28
HEALTH 100 · sector 96
DIVIDEND 42 · sector 36

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 Tools & Accessories stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Techtronic Industries Company 0669 HK$129.60 HK$81.05 -37%
Snap-on Incorporated SNA $410.99 $350.46 -15%
RBC Bearings Incorporated RBC $595.49 $184.29 -69%
Lincoln Electric Holdings LECO $252.58 $154.80 -39%
Stanley Black & Decker, Inc SWK $88.22 $54.24 -39%
AB SKF (publ) SKFB kr 258.90 kr 192.57 -26%
The Timken Company TKR $139.47 $66.33 -52%
The Toro Company TTC $94.42 $69.71 -26%
SFS Group SFSN CHF 140.00 CHF 118.30 -16%
Hangzhou Greatstar Industrial Co 002444 ¥29.33 ¥35.72 +22%

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Frequently asked questions

Is Tong Herr Resources Berhad, an investment holding company, (5010) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 0.7900 MYR versus a price of 2.38 MYR, about −67% (overvalued).
What is the fair value of 5010?
Our model-based fair value for Tong Herr Resources Berhad, an investment holding company, is 0.7900 MYR (as of Jul 11, 2026), built from audited fundamentals. The current price is 2.38 MYR.
What is the quality score of 5010?
Tong Herr Resources Berhad, an investment holding company, has a Quality Score of 69/100. 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 Tong Herr Resources Berhad, an investment holding company, (5010)?
Tong Herr Resources Berhad, an investment holding company, reported trailing-twelve-month revenue of about 527M MYR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 5010?
The net profit margin of Tong Herr Resources Berhad, an investment holding company, is about 0.9%, meaning it keeps roughly 0.9% of revenue as net income. Based on the latest reported figures.
Does Tong Herr Resources Berhad, an investment holding company, pay a dividend?
Tong Herr Resources Berhad, an investment holding company, currently shows a dividend yield of about 2.04% relative to its recent price (as of Jul 11, 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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