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Maybulk Berhad, an investment holding company, (5077) Fair Value & Analysis

Industrials · MY · Market cap 296M MYR

MB Maybulk Berhad, an investment holding company, 5077 · KLSE
Price0.3600 MYR
Fair Value0.3700 MYR
Upside+2.8%
Quality61/100
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Weak Growth
Loss-making · -44.4% net margin
Low debt · generates free cash flow
4.86% dividend yield
Trails peers (5/13)
Narrow moat 17/100
Evidence: High Range 0.2800 MYR – 0.3700 MYR Share as image

Fair value as of: Jul 18, 2026

From 17 valuation models · updated 24 days ago

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 0.2800 MYR (bear) to 0.3700 MYR (bull), base 0.3700 MYR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 61/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

0.6582 MYR 0.2546 MYR Fair Value 0.3700 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range 0.2546 MYR – 0.6582 MYR · fair‑value band 0.2800 MYR – 0.3700 MYR · the 0.3600 MYR price screens below the 0.3700 MYR fair value. Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Maybulk Berhad, an investment holding company, (5077) currently trades at 0.3600 MYR, while our model-based Fair Value estimate is 0.3700 MYR, implying the stock looks roughly 2.8% fairly valued today. The Quality Score stands at 61/100 (solid quality), in the Industrials 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, Maybulk Berhad, an investment holding company, generated revenue of 84.5M MYR at a net margin of -44.4%. Revenue declined 15.2% year over year. It earns a return on equity of -7.9%. Net debt stands at 110M MYR. Fundamentals as of Jul 18, 2026

Our scenario range runs from 0.2800 MYR (bear case) to 0.3700 MYR (bull case); at 0.3600 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 about 4% below its 52-week high and 30% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 67% fair-value upside, at 3%, 5077 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 0.0100 MYR 80
Residual Income 0.3600 MYR 0.3600 MYR 0.2900 MYR 76
Gordon GGM 0.1300 MYR 0.1300 MYR 0.1500 MYR 70
All 17 models by family
DCF Models
FCF DCF 0.0100 MYR 38
Owner Earnings 0.0500 MYR 0.0900 MYR 0.1600 MYR 31
5Y EBITDA Exit 0.0200 MYR 0.0900 MYR 41
5Y P/E Exit 0.0700 MYR 0.1900 MYR 0.3200 MYR 38
10Y EBITDA Exit 0.0200 MYR 37
10Y P/E Exit 0.0200 MYR 0.0800 MYR 0.1400 MYR 35
Earnings-Based
Graham-Dodd 0.1500 MYR 0.1800 MYR 0.2100 MYR 54
Dividend Discount
Gordon GGM 0.1300 MYR 0.1300 MYR 0.1500 MYR 70
DDM Multi-Stage 0.1300 MYR 0.1500 MYR 0.1700 MYR 61
Multiples
P/E Multiple 0.3500 MYR 0.4600 MYR 0.5800 MYR 63
P/S Multiple 0.1600 MYR 0.2100 MYR 0.2600 MYR 58
P/B Multiple 0.2800 MYR 0.3700 MYR 0.4700 MYR 55
EV/EBITDA 0.0100 MYR 0.0600 MYR 0.1000 MYR 54
Asset-Based
NCAV (Graham) 0.2700 MYR 0.3600 MYR 0.5400 MYR 50
Growth DCF
Growth DCF 0.0100 MYR 80
Economic Profit
Residual Income 0.3600 MYR 0.3600 MYR 0.2900 MYR 76
Growth Earnings
Growth-Adj P/E 0.2400 MYR 0.3500 MYR 0.4500 MYR 68

Widest divergence: Asset-Based (0.3600 MYR) versus DCF Models (0.0800 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 84.5M MYR
Revenue growth (YoY) -15.2%
Net margin -44.4%
Return on equity -7.9%
Free cash flow 9.4M MYR FY2025
Operating margin -2.7%
More key figures
EPS (TTM) -0.0400 MYR
Dividend yield 4.9%
EPS growth (YoY) -56.2%
Net debt 110M MYR FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 61 · Market factors (momentum, volatility) 66

Profitability 30
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 92
Disciplined investing over empire-building
Low Volatility 88
Calm price path (market factor)
Momentum 50
Price trend over the last 3–12 months (market factor)
52W Momentum 69
Distance to the 52-week high (market factor)
Net Issuance 100
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

Maybulk Berhad, an investment holding company, provides dry bulk shipping services in Malaysia and internationally. It operates through Shipping Bulker, Shelving & Storage Solution, Warehousing, and Investment Holding & Others segments.

Full company description

Maybulk Berhad, an investment holding company, provides dry bulk shipping services in Malaysia and internationally. It operates through Shipping Bulker, Shelving & Storage Solution, Warehousing, and Investment Holding & Others segments. The company owns and operates dry bulk carriers and product tankers that transport major bulks, such as iron ore, steaming and coking coal, and grains; and minor bulks, including sugar, coke, fertilizers, and other products. It also engages in the supply, design, consult, and installation work of racking and shelving products; industrial property development and investment; and warehousing and storage services. In addition, the company offers ship management services, such as marine operations, technical management of vessels, and ship supplies and crewing. It exports its solutions to Australia, the United States, and Singapore. The company was formerly known as Malaysian Bulk Carriers Berhad and changed its name to Maybulk Berhad in December 2023. Maybulk Berhad was incorporated in 1988 and is based in Petaling Jaya, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Maybulk Berhad, an investment holding company, reported revenue of 87.8M MYR in FY2025 versus 207M MYR in FY2021, a compound −19.3%/yr. Reported net income was 18.5M MYR in FY2025, compounding −44.5%/yr from FY2021.

Growth Quality 37/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
87.8M MYR
Latest YoY
−7.1%
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.
−13.0%
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.
−8.1%
Revenue −19.3%/yr
FY21 207M MYR
FY22 155M MYR
FY23 128M MYR
FY24 94.5M MYR
FY25 87.8M MYR
Net income −44.5%/yr
FY21 195M MYR
FY22 93.2M MYR
FY23 49.6M MYR
FY24 4.1M MYR
FY25 18.5M MYR

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Cite: Fair Value Calculator (2026). "Maybulk Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/5077

Peer Group

Marine Shipping · 232 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 61 · Above median
Fair Value upside +3% · Above median
Return on assets 0% · Bottom 25%
Net margin (TTM) -44% · Bottom 25%
Operating margin (TTM) -3% · Bottom 25%
Revenue growth -15% · Bottom 25%
Dividend yield (TTM) 4.9% · Top 25%
Debt / equity 0.30× · Higher than median

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/B 0.16× · Cheaper than 75% of peers
P/S (TTM) 0.86× · Cheaper than median
P/FCF 7.7× · Pricier than median
EV/EBITDA 17.9× · 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 37 · sector 29
FUTURE 0 · sector 18
PAST 0 · sector 27
HEALTH 85 · sector 88
DIVIDEND 97 · sector 45

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 Marine Shipping stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Adani Ports and Special Economic Zone Limited ADANIPORTS ₹1,828 ₹1,041 -43%
A.P. Møller - Mærsk A/S MAERSKA kr 16,520 kr 3,033 -82%
COSCO SHIPPING Holdings 601919 ¥13.98 ¥40.37 +189%
Shanghai International Port (Group) Co 600018 ¥5.17 ¥6.57 +27%
HMM Co 011200 20,050 KRW 33,855 KRW +69%
Ningbo Zhoushan Port Company 601018 ¥3.35 ¥5.58 +67%
JSW Infrastructure Limited JSWINFRA ₹330.05 ₹126.31 -62%
Wan Hai Lines Ltd 2615 80.70 TWD 212.79 TWD +164%
Wallenius Wilhelmsen ASA WAWI kr 137.70 kr 50.56 -63%
Yang Ming Marine Transport Corporation 2609 50.10 TWD 96.14 TWD +92%

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Frequently asked questions

Is Maybulk Berhad, an investment holding company, (5077) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 0.3700 MYR versus a price of 0.3600 MYR, about +3% (fairly valued).
What is the fair value of 5077?
Our model-based fair value for Maybulk Berhad, an investment holding company, is 0.3700 MYR (as of Jul 18, 2026), built from audited fundamentals. The current price is 0.3600 MYR.
What is the quality score of 5077?
Maybulk Berhad, an investment holding company, has a Quality Score of 61/100. 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 Maybulk Berhad, an investment holding company, (5077)?
Maybulk Berhad, an investment holding company, reported trailing-twelve-month revenue of about 84.5M MYR (latest available figure, as of Jul 18, 2026).
What is the net profit margin of 5077?
The net profit margin of Maybulk Berhad, an investment holding company, is about -44.4%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Maybulk Berhad, an investment holding company, pay a dividend?
Maybulk Berhad, an investment holding company, currently shows a dividend yield of about 5.07% relative to its recent price (as of Jul 18, 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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