Malaysia Steel Works KL Bhd (5098) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Malaysia Steel Works KL Bhd MYR 0.24, price MYR 0.20, upside +22.4%, quality 34 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 0.1900 MYR – 0.6364 MYR · fair‑value band 0.1790 MYR – 0.2984 MYR · the 0.1950 MYR price screens below the 0.2387 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
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Malaysia Steel Works (KL) Bhd., together with its subsidiaries, manufactures and markets tensile steel bars, mild steel bars, and prime steel billets for the construction and infrastructure sectors in Malaysia and internationally.
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Malaysia Steel Works (KL) Bhd., together with its subsidiaries, manufactures and markets tensile steel bars, mild steel bars, and prime steel billets for the construction and infrastructure sectors in Malaysia and internationally. The company is involved in the transportation and logistics of steel bars and billets; tensile deformed bars, mild steel round bars and steel billets; and fabrication and trading of steel products. The company exports to network and exports products to international markets including Australia, Papua New Guinea, Indonesia, Singapore, Vietnam, the Philippines, Turkey and China. Malaysia Steel Works (KL) Bhd. was founded in 1971 and is headquartered in Petaling Jaya, Malaysia.
Stock analysis
Malaysia Steel Works KL Bhd (5098) currently trades at 0.1950 MYR, while our model-based Fair Value estimate is 0.2387 MYR, implying the stock looks roughly 18.3% undervalued today.
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Valuation
Bull case: the Asset-Based group reads highest at a median of 0.8900 MYR per share, and 11 of the 14 models we run sit above the 0.1950 MYR price.
Bear case: the Earnings-Based group reads lowest at 0.1200 MYR, and 3 of the 14 models stay below the price. Evidence for this calculation is low.
Scenario range: 0.1790 MYR (bear) to 0.2984 MYR (bull), the price of 0.1950 MYR sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 34/100 (below-average quality), in the Basic Materials sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Malaysia Steel Works KL Bhd reported revenue of 2.7B MYR in FY2025 versus 1.6B MYR in FY2021, a compound +13.9%/yr. Reported net income was 8.7M MYR in FY2025, compounding −28.2%/yr from FY2021.
Key figures
Market cap 168M MYR (≈ $41.1M) · P/E ratio 19.5 · P/S ratio 0.06 · EPS (TTM) 0.0100 MYR · Net margin 0.3% · Return on equity 0.9% · Return on assets (EBIT) 2.3% · Operating margin 0.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 40% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Basic Materials peers we cover trades at −45% fair-value upside, at 22%, 5098 screens cheaper than that median.
Fair Value models
Bear 0.1790 MYRFair Value 0.2387 MYRBull 0.2984 MYR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.0073 MYR per share) are deliberately not added.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 ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+6.1%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+14.4%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+14.0%
Start year 2020 (pandemic). Over 10 years: +8.8% a year
Revenue growth 13 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.6%
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What shareholders gained per year (last 5 years), in MYR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Basis: EBIT basis. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+35.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year+35.3%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−25% vs −14%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.1% → 2%
Compare Malaysia Steel Works KL Bhd with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Steel · 417 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score34 · Bottom 25%
Fair Value upside+22% · Above median
Profitability
Return on equity (TTM)1% · Below median
Return on assets1% · Below median
Net margin (TTM)0% · Below median
Operating margin (TTM)0% · Below median
Growth and dividend
Revenue growth30% · Top 25%
Balance sheet
Debt / equity0.07× · Below median
Valuation Multiplesvs Steel median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Malaysia Steel Works KL Bhd Fair Value". https://www.fairvalue-calculator.com/stock/5098
Frequently asked questions
Is Malaysia Steel Works KL Bhd (5098) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 0.2387 MYR versus a price of 0.1950 MYR, about +22% upside (undervalued).
What is the fair value of 5098?
Our model-based fair value for Malaysia Steel Works KL Bhd is 0.2387 MYR (as of Sep 24, 2026), built from audited fundamentals. The current price: 0.1950 MYR.
What is the quality score of 5098?
Malaysia Steel Works KL Bhd has a Quality Score of 34/100. 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 price target for Malaysia Steel Works KL Bhd (5098)?
Our model-based price target is the fair value of 0.2387 MYR (as of Sep 24, 2026) from 14 valuation models. Cautious scenario 0.1790 MYR, optimistic scenario 0.2984 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Malaysia Steel Works KL Bhd stock forecast for 2026?
Our models put fair value at 0.2387 MYR, about +22% upside versus a price of 0.1950 MYR (undervalued). Cautious scenario 0.1790 MYR, optimistic scenario 0.2984 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Malaysia Steel Works KL Bhd (5098)?
Malaysia Steel Works KL Bhd reported trailing-twelve-month revenue of about 2.8B MYR (latest available figure, as of Sep 24, 2026).
What is the intrinsic value of Malaysia Steel Works KL Bhd (5098)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Malaysia Steel Works KL Bhd it is 0.2387 MYR per share (as of Sep 24, 2026), against a price of 0.1950 MYR. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Malaysia Steel Works KL Bhd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 5098 trades below its calculated fair value: price 0.1950 MYR, fair value 0.2387 MYR, a gap of about +22% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 5098?
No. The price is what the market pays today (0.1950 MYR); the fair value is what the company's own numbers justify (0.2387 MYR). For Malaysia Steel Works KL Bhd the two are 0.0437 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Malaysia Steel Works KL Bhd worth?
The market values Malaysia Steel Works KL Bhd at about 168M MYR (market capitalisation, as of Sep 24, 2026). Per share that is 0.1950 MYR; our models calculate a fair value of 0.2387 MYR per share.
What do the bullish and bearish scenarios say about 5098?
Our models span a range for Malaysia Steel Works KL Bhd: cautious scenario 0.1790 MYR, base 0.2387 MYR, optimistic 0.2984 MYR per share (as of Sep 24, 2026, price 0.1950 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 5098?
Malaysia Steel Works KL Bhd trades at a price-to-earnings ratio of 19.5 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.2387 MYR is built from several models across several years. Other multiples: P/B 0.2, P/S 0.1, EV/EBITDA 1.5.
How solid is the balance sheet of Malaysia Steel Works KL Bhd (5098)?
Balance-sheet figures for Malaysia Steel Works KL Bhd (as of Sep 24, 2026): return on equity 0.9%, debt of 0.07 per unit of equity. They feed the Quality Score of 34/100, which measures business quality independently of the share price.
How far is 5098 from its 52-week high?
Malaysia Steel Works KL Bhd trades at 0.1950 MYR, about 40% below its 52-week high of 0.3250 MYR and 3% above the low of 0.1900 MYR (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 0.2387 MYR is for.
Which stocks are comparable to Malaysia Steel Works KL Bhd?
From the same area (Basic Materials) we also value Nucor Corporation, Steel Dynamics, Inc, JSW Steel Limited, Tata Steel Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Malaysia Steel Works KL Bhd stock attractive at the current price?
The data as of Sep 24, 2026: price 0.1950 MYR, calculated fair value 0.2387 MYR (+22%), Quality Score 34/100, from 14 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 5098 calculated?
We run Malaysia Steel Works KL Bhd through 14 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 0.2387 MYR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.0 % above its aggregate fair value. Malaysia Steel Works KL Bhd currently trades 22 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Malaysia Steel Works KL Bhd (5098)?
The closing price on Sep 24, 2026 was 0.1950 MYR. Our model-based fair value is 0.2387 MYR, about +22% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Malaysia Steel Works KL Bhd right now?
Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual. The price sits in the lower half of our model range, the side with the larger margin of safety. Read the verdict with care: some models are missing inputs, so the estimate scatters more than usual.
Key figures of Malaysia Steel Works KL Bhd
How large is the market capitalisation of Malaysia Steel Works KL Bhd (5098)?
The market capitalisation of Malaysia Steel Works KL Bhd is 168M MYR (≈ $41.1M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Malaysia Steel Works KL Bhd (5098)?
The price-to-sales ratio of Malaysia Steel Works KL Bhd is 0.06 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Malaysia Steel Works KL Bhd (5098)?
Earnings per share at Malaysia Steel Works KL Bhd are 0.0100 MYR (price ÷ EPS = P/E 19.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Malaysia Steel Works KL Bhd (5098)?
The net margin of Malaysia Steel Works KL Bhd is 0.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Malaysia Steel Works KL Bhd (5098)?
The return on equity (ROE) of Malaysia Steel Works KL Bhd is 0.9% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Malaysia Steel Works KL Bhd (5098)?
On an EBIT basis the return on assets of Malaysia Steel Works KL Bhd is 2.3% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Malaysia Steel Works KL Bhd (5098)?
The operating margin of Malaysia Steel Works KL Bhd is 0.3% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Malaysia Steel Works KL Bhd (5098)?
Revenue at Malaysia Steel Works KL Bhd is growing +30.3% versus a year earlier (3y avg +14.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Malaysia Steel Works KL Bhd (5098)?
Earnings per share at Malaysia Steel Works KL Bhd are growing +117% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Malaysia Steel Works KL Bhd (5098) generate?
The free cash flow of Malaysia Steel Works KL Bhd is −43.8M MYR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Malaysia Steel Works KL Bhd (5098) carry?
The net debt of Malaysia Steel Works KL Bhd is 577M MYR (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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