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MHC Plantations Bhd (5026) Fair Value & Analysis

Consumer Defensive · MY · Market cap 348M MYR

MP MHC Plantations Bhd 5026 · KLSE
Price1.90 MYR
Fair Value2.57 MYR
Upside+35.2%
Quality67/100
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Strengths

Trades 26% below our fair value of 2.57 MYR
Healthy Growth (revenue 5y +9.2 %/yr)
Low debt · generates free cash flow
Ranks above peers (11/13)

Risks

!Thin margins · 9.1% net margin
!Moderate moat 54/100
Healthy Growth (revenue 5y +9.2 %/yr)
Thin margins · 9.1% net margin
Low debt · generates free cash flow
1.71% dividend yield
Ranks above peers (11/13)
Moderate moat 54/100
Evidence: High Range 1.86 MYR – 3.21 MYR Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 11 days ago

Fair value updated Aug 13, 2026, revised from 5.21 MYR to 2.57 MYR (−50.7%) since Jul 11, 2026. Share price +1.6% over the past month.

A solid business, trading 26% below our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from 1.86 MYR (bear) to 3.21 MYR (bull), base 2.57 MYR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 67/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

1.95 MYR 0.5842 MYR Fair Value 2.57 MYR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 0.5842 MYR – 1.95 MYR · fair‑value band 1.86 MYR – 3.21 MYR · the 1.90 MYR price screens below the 2.57 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

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Analysis

MHC Plantations Bhd (5026) currently trades at 1.90 MYR, while our model-based Fair Value estimate is 2.57 MYR, implying the stock looks roughly 35.2% undervalued today. The Quality Score stands at 67/100 (solid quality), in the Consumer Defensive 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: high), always confirm before acting.

Over the trailing twelve months, MHC Plantations Bhd generated revenue of 550M MYR at a net margin of 9.1%. Revenue declined 0.1% year over year. It earns a return on equity of 10.7%. Net debt stands at 4.7M MYR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1.86 MYR (bear case) to 3.21 MYR (bull case); at 1.90 MYR, the current price sits within 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 102% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -19% fair-value upside, at 35%, 5026 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 3.86 MYR 5.88 MYR 8.70 MYR 80
Residual Income 1.69 MYR 1.95 MYR 3.42 MYR 76
Rev-Margin DCF 3.35 MYR 5.36 MYR 7.88 MYR 74
All 26 models by family
DCF Models
FCF DCF 3.89 MYR 6.15 MYR 9.47 MYR 38
Owner Earnings 3.09 MYR 4.86 MYR 7.46 MYR 31
5Y Revenue Exit 3.35 MYR 5.37 MYR 8.03 MYR 39
5Y EBITDA Exit 5.00 MYR 8.69 MYR 13.23 MYR 41
5Y P/E Exit 3.78 MYR 6.23 MYR 8.95 MYR 38
10Y Revenue Exit 3.44 MYR 5.30 MYR 7.98 MYR 36
10Y EBITDA Exit 4.51 MYR 7.48 MYR 11.86 MYR 37
10Y P/E Exit 3.77 MYR 5.86 MYR 8.66 MYR 35
Earnings-Based
Graham-Dodd 1.69 MYR 7.17 MYR 9.79 MYR 54
Lynch FV 1.83 MYR 2.61 MYR 3.39 MYR 50
PEG = 1.0 1.83 MYR 2.61 MYR 3.39 MYR 46
EPV 2.85 MYR 3.21 MYR 3.52 MYR 59
Dividend Discount
Gordon GGM 0.7000 MYR 1.26 MYR 1.73 MYR 70
DDM Multi-Stage 0.7000 MYR 1.15 MYR 1.35 MYR 61
Multiples
P/E Multiple 3.91 MYR 5.21 MYR 6.51 MYR 63
P/S Multiple 3.16 MYR 4.22 MYR 5.27 MYR 58
P/B Multiple 3.16 MYR 4.22 MYR 5.27 MYR 55
EV/EBIT 6.04 MYR 7.99 MYR 9.95 MYR 53
EV/EBITDA 6.27 MYR 8.30 MYR 10.32 MYR 54
EV/Revenue 3.12 MYR 4.38 MYR 5.64 MYR 43
Asset-Based
NCAV (Graham) 0.9400 MYR 1.26 MYR 1.88 MYR 50
Growth DCF
Growth DCF 3.86 MYR 5.88 MYR 8.70 MYR 80
Rev-Margin DCF 3.35 MYR 5.36 MYR 7.88 MYR 74
Economic Profit
Residual Income 1.69 MYR 1.95 MYR 3.42 MYR 76
ROIC Compounder 3.09 MYR 3.85 MYR 4.77 MYR 72
Growth Earnings
Growth-Adj P/E 3.08 MYR 4.40 MYR 5.72 MYR 68

Widest divergence: DCF Models (5.86 MYR) versus Dividend Discount (1.15 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

P/E ratio 7.3
P/S ratio 0.63 TTM
Dividend yield 1.7% payout 12.5%
Net margin 9.1% TTM
Return on equity 10.7% TTM
Return on assets 7.5% TTM
More key figures
Profitability
Operating margin 16.5% TTM
EPS (TTM) 0.2600 MYR
Growth
Revenue (TTM) 550M MYR TTM
Revenue growth (YoY) -0.1% 3y avg -2.5%
EPS growth (YoY) +17.6%
Balance sheet & cash flow
Free cash flow 71.1M MYR FY2025
Net debt 4.7M MYR FY2024 · ≈ 0.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 64 · Market factors (momentum, volatility) 85

Profitability 41
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 67
Balance sheet, leverage, solvency risk
Investment 80
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 78
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

MHC Plantations Bhd., an investment holding company, engages in cultivating, milling, and selling oil palm products in Malaysia. It operates through three segments: Plantation, Oil Mill, and Power Plant. The company offers fresh fruit bunches, crude palm oil, and palm kernel.

Full company description

MHC Plantations Bhd., an investment holding company, engages in cultivating, milling, and selling oil palm products in Malaysia. It operates through three segments: Plantation, Oil Mill, and Power Plant. The company offers fresh fruit bunches, crude palm oil, and palm kernel. It is also involved in the operation of a hotel; property investment and housing development activities; operation of quarry; supply of electricity; power generation and sales of biomass by-products; and extraction and sale of earth stones. In addition, the company is involved in the letting of oil palm fresh fruit bunches collection center. MHC Plantations Bhd. was incorporated in 1960 and is based in Tanjung Malim, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MHC Plantations Bhd reported revenue of 550M MYR in FY2025 versus 599M MYR in FY2021, a compound −2.1%/yr. Reported net income was 48.8M MYR in FY2025, compounding +3.7%/yr from FY2021.

Growth Quality 79/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
550M MYR
Latest YoY
+9.2%
Avg. revenue 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.
−2.5%
Avg. revenue 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.
+9.2%
Avg. revenue 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.
+25.7%
Value creation/yr (5Y) Earnings growth per share (CAGR 5 years) plus dividend yield: value created per share and year.
+30.8% (29.0 + 1.8)
Revenue −2.1%/yr
FY21 599M MYR
FY22 593M MYR
FY23 477M MYR
FY24 504M MYR
FY25 550M MYR
Net income +3.7%/yr
FY21 42.1M MYR
FY22 34.6M MYR
FY23 22.0M MYR
FY24 28.7M MYR
FY25 48.8M MYR

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Cite: Fair Value Calculator (2026). "MHC Plantations Bhd Fair Value". https://www.fairvalue-calculator.com/stock/5026

Peer Group

Farm Products · 302 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 67 · Top 25%
Fair Value upside +35% · Above median
Return on equity (TTM) 11% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 9% · Above median
Operating margin (TTM) 16% · Top 25%
Revenue growth -0% · Below median
Dividend yield (TTM) 1.6% · Below median
Debt / equity 0.02× · Lower than median

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 7.3× · Cheaper than 75% of peers
P/B 0.23× · Cheaper than 75% of peers
P/S (TTM) 0.16× · Cheaper than 75% of peers
P/FCF 1.2× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE80 · sector 27
FUTURE0 · sector 22
PAST43 · sector 19
HEALTH99 · sector 94
DIVIDEND32 · sector 47

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

Similar stocks

10 more Farm Products stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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Wens Foodstuff Group 300498 ¥13.80 ¥11.18 -19%
Mowi ASA MOWI kr 206.00 kr 260.70 +27%
Fujian Wanchen Food Group 300972 ¥201.06 ¥143.09 -29%
United Plantations Berhad 2089 32.60 MYR 23.34 MYR -28%
Charoen Pokphand Foods Public Company CPF 23.40 THB 43.24 THB +85%
PT Charoen Pokphand Indonesia Tbk, CPIN 2,960 IDR 6,818 IDR +130%

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Frequently asked questions

Is MHC Plantations Bhd (5026) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 2.57 MYR versus a price of 1.90 MYR, about +35% (undervalued).
What is the fair value of 5026?
Our model-based fair value for MHC Plantations Bhd is 2.57 MYR (as of Aug 13, 2026), built from audited fundamentals. The current price: 1.90 MYR.
What is the quality score of 5026?
MHC Plantations Bhd has a Quality Score of 67/100. 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 MHC Plantations Bhd (5026)?
MHC Plantations Bhd reported trailing-twelve-month revenue of about 550M MYR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 5026?
The net profit margin of MHC Plantations Bhd is about 9.1%, meaning it keeps roughly 9.1% of revenue as net income. Based on the latest reported figures.
Does MHC Plantations Bhd pay a dividend?
MHC Plantations Bhd currently shows a dividend yield of about 1.76% relative to its recent price (as of Aug 13, 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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