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Ibraco Berhad, (5084) Fair Value & Analysis

Real Estate · MY · Market cap 628M MYR

IB Ibraco Berhad, 5084 · KLSE
Price1.06 MYR
Fair Value2.44 MYR
Upside+130.2%
Quality46/100
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Expensive Growth
Thin margins · 9.6% net margin
Low debt · negative free cash flow
3.36% dividend yield
Ranks above peers (9/13)
Moderate moat 51/100
Evidence: High Range 1.67 MYR – 3.38 MYR Share as image

Fair value as of: Jul 11, 2026

From 9 valuation models · updated 30 days ago

Share price −10.9% over the past month.

Below-average quality, screening 130% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (1.67 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (1.67 MYR to 3.38 MYR) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

1.40 MYR 0.3983 MYR Fair Value 2.44 MYR Feb 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 0.3983 MYR – 1.40 MYR · fair‑value band 1.67 MYR – 3.38 MYR · the 1.06 MYR price screens below the 2.44 MYR fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Ibraco Berhad, (5084) currently trades at 1.06 MYR, while our model-based Fair Value estimate is 2.44 MYR, implying the stock looks roughly 130.2% undervalued today. The Quality Score stands at 46/100 (below-average quality), in the Real Estate 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, Ibraco Berhad, generated revenue of 746M MYR at a net margin of 9.6%. Revenue declined 12.6% year over year. It earns a return on equity of 13.6%. Net debt stands at 386M MYR. Fundamentals as of Jul 11, 2026

Our scenario range runs from 1.67 MYR (bear case) to 3.38 MYR (bull case); at 1.06 MYR, the current price sits below 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 24% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -30% fair-value upside, at 130%, 5084 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
Residual Income 0.9200 MYR 1.05 MYR 1.93 MYR 76
Gordon GGM 0.1600 MYR 0.2800 MYR 0.3900 MYR 70
DDM Multi-Stage 0.1600 MYR 0.2600 MYR 0.3000 MYR 61
All 9 models by family
Dividend Discount
Gordon GGM 0.1600 MYR 0.2800 MYR 0.3900 MYR 70
DDM Multi-Stage 0.1600 MYR 0.2600 MYR 0.3000 MYR 61
Multiples
P/S Multiple 1.67 MYR 2.23 MYR 2.79 MYR 58
P/B Multiple 1.56 MYR 2.08 MYR 2.60 MYR 55
EV/EBIT 4.06 MYR 5.39 MYR 6.72 MYR 53
EV/EBITDA 3.39 MYR 4.50 MYR 5.61 MYR 54
EV/Revenue 2.27 MYR 3.21 MYR 4.15 MYR 43
Asset-Based
NCAV (Graham) 0.5200 MYR 0.7000 MYR 1.04 MYR 50
Economic Profit
Residual Income 0.9200 MYR 1.05 MYR 1.93 MYR 76

Widest divergence: Multiples (3.21 MYR) versus Dividend Discount (0.2600 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 746M MYR
Revenue growth (YoY) -12.6%
Net margin 9.6%
Return on equity 13.6%
Free cash flow −45.0M MYR FY2025
P/E ratio 8.8
More key figures
Operating margin 17.3%
EPS (TTM) 0.1300 MYR
Dividend yield 3.4%
EPS growth (YoY) -1.7%
Net debt 386M MYR FY2025

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

Quality Score breakdown

Overall quality 46/100

Of which business quality 43 · Market factors (momentum, volatility) 40

Profitability 38
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 54
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 20
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

Ibraco Berhad, together with its subsidiaries, engages in realty development in Malaysia. It operates in six segments: Property Development, Construction Works, Quarry Operation, Manufacturing, Clubhouse Operation, and Property Holding and Management.

Full company description

Ibraco Berhad, together with its subsidiaries, engages in realty development in Malaysia. It operates in six segments: Property Development, Construction Works, Quarry Operation, Manufacturing, Clubhouse Operation, and Property Holding and Management. The company is involved in the development and sale of residential and commercial properties; construction of residential and commercial properties and infrastructure works; quarry operations and sale of stone products; production of ready mixed concrete and premix; and manufacture of mild steel cement-lined pipes and fabricated mild steel components. It also engages in private clubhouse operation; property management; and leasing of retail and education facilities. In addition, the company is involved in landscaping and land development activities, as well as trades in building materials and related products. The company was formerly known as Ibraco Realty Development Sdn Bhd. and changed its name to Ibraco Berhad in August 2003. Ibraco Berhad was incorporated in 1971 and is based in Kuching, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ibraco Berhad, reported revenue of 769M MYR in FY2025 versus 273M MYR in FY2021, a compound +29.5%/yr. Reported net income was 71.6M MYR in FY2025, compounding +32.1%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
769M MYR
Latest YoY
+36.6%
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.
+41.4%
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.
+20.0%
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.
+15.2%
Revenue +29.5%/yr
FY21 273M MYR
FY22 272M MYR
FY23 392M MYR
FY24 563M MYR
FY25 769M MYR
Net income +32.1%/yr
FY21 23.5M MYR
FY22 30.4M MYR
FY23 46.0M MYR
FY24 48.8M MYR
FY25 71.6M MYR

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Cite: Fair Value Calculator (2026). "Ibraco Berhad, Fair Value". https://www.fairvalue-calculator.com/stock/5084

Peer Group

Real Estate - Diversified · 137 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 46 · Below median
Fair Value upside +130% · Top 25%
Return on equity (TTM) 14% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 10% · Below median
Operating margin (TTM) 17% · Below median
Revenue growth -13% · Bottom 25%
Dividend yield (TTM) 3.4% · Above median
Debt / equity 0.13× · Lower than 75% of peers

Valuation Multiples vs Real Estate - Diversified median · lower = cheaper

P/E (TTM) 8.8× · Cheaper than median
P/B 0.27× · Cheaper than median
P/S (TTM) 0.21× · Cheaper than 75% of peers
EV/EBITDA 0.9× · Cheaper 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 100 · sector 46
FUTURE 0 · sector 32
PAST 54 · sector 17
HEALTH 94 · sector 75
DIVIDEND 67 · sector 45

Insider activity: 40/100

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.

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10 more Real Estate - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

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Frequently asked questions

Is Ibraco Berhad, (5084) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 2.44 MYR versus a price of 1.06 MYR, about +130% (undervalued).
What is the fair value of 5084?
Our model-based fair value for Ibraco Berhad, is 2.44 MYR (as of Jul 11, 2026), built from audited fundamentals. The current price is 1.06 MYR.
What is the quality score of 5084?
Ibraco Berhad, has a Quality Score of 46/100. 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 Ibraco Berhad, (5084)?
Ibraco Berhad, reported trailing-twelve-month revenue of about 746M MYR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 5084?
The net profit margin of Ibraco Berhad, is about 9.6%, meaning it keeps roughly 9.6% of revenue as net income. Based on the latest reported figures.
Does Ibraco Berhad, pay a dividend?
Ibraco Berhad, currently shows a dividend yield of about 3.74% 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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