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IQ Group (5107) Fair Value & Analysis

Industrials · MY · Market cap 32.1M MYR

IG IQ Group 5107 · KLSE
Price0.4000 MYR
Fair Value0.6600 MYR
Upside+65.0%
Quality54/100
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Weak Growth
Loss-making · -8.2% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/11)
Narrow moat 12/100
Evidence: Medium Range 0.5800 MYR – 0.7400 MYR Share as image

Fair value as of: Jul 16, 2026

From 10 valuation models · updated 25 days ago

Fair value updated Jul 16, 2026, revised from 0.4300 MYR to 0.6600 MYR (+53.5%) since Jul 11, 2026. Share price −4.8% over the past month.

A solid business, screening 65% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.5800 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

2.07 MYR 0.3650 MYR Fair Value 0.6600 MYR May 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 0.3650 MYR – 2.07 MYR · fair‑value band 0.5800 MYR – 0.7400 MYR · the 0.4000 MYR price screens below the 0.6600 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

IQ Group (5107) currently trades at 0.4000 MYR, while our model-based Fair Value estimate is 0.6600 MYR, implying the stock looks roughly 65.0% undervalued today. The Quality Score stands at 54/100 (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: medium), always confirm before acting.

Over the trailing twelve months, IQ Group generated revenue of 105M MYR at a net margin of -8.2%. Revenue declined 34.6% year over year. It earns a return on equity of -6.9%. Fundamentals as of Jul 16, 2026

Our scenario range runs from 0.5800 MYR (bear case) to 0.7400 MYR (bull case); at 0.4000 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 31% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 10% fair-value upside, at 65%, 5107 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 0.6400 MYR 0.7100 MYR 0.8100 MYR 80
Rev-Margin DCF 0.6500 MYR 0.8000 MYR 0.9700 MYR 74
EV/EBITDA 0.5800 MYR 0.6600 MYR 0.7400 MYR 54
All 10 models by family
DCF Models
FCF DCF 0.6300 MYR 0.7000 MYR 0.8200 MYR 38
5Y Revenue Exit 0.6500 MYR 0.7900 MYR 0.9800 MYR 39
5Y EBITDA Exit 0.5900 MYR 0.6700 MYR 0.7900 MYR 41
10Y Revenue Exit 0.6300 MYR 0.7200 MYR 0.8100 MYR 36
10Y EBITDA Exit 0.6100 MYR 0.6600 MYR 0.7200 MYR 37
Multiples
EV/EBITDA 0.5800 MYR 0.6600 MYR 0.7400 MYR 54
EV/Revenue 0.7000 MYR 0.8600 MYR 1.01 MYR 43
Asset-Based
NCAV (Graham) 0.6700 MYR 0.9000 MYR 1.34 MYR 50
Growth DCF
Growth DCF 0.6400 MYR 0.7100 MYR 0.8100 MYR 80
Rev-Margin DCF 0.6500 MYR 0.8000 MYR 0.9700 MYR 74

Widest divergence: Asset-Based (0.9000 MYR) versus Multiples (0.6600 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 105M MYR
Revenue growth (YoY) -34.6%
Net margin -8.2%
Return on equity -6.9%
Free cash flow 3.4M MYR FY2026
Operating margin -11.1%
More key figures
EPS (TTM) -0.1000 MYR
EPS growth (YoY) +64.1%

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 55 · Market factors (momentum, volatility) 27

Profitability 27
Margins and returns on capital today
Quality Growth 19
Are margins and returns improving?
Cashflow 32
Earnings quality: real cash, not paper profit
Fin. Strength 90
Balance sheet, leverage, solvency risk
Investment 99
Disciplined investing over empire-building
Low Volatility 48
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 7
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

IQ Group Holdings Berhad, an investment holding company, engages in the design, manufacture, supply of lighting, security, and convenience products. It operates through Investment Holding, Manufacturing, and Trading segments.

Full company description

IQ Group Holdings Berhad, an investment holding company, engages in the design, manufacture, supply of lighting, security, and convenience products. It operates through Investment Holding, Manufacturing, and Trading segments. The company offers motion sensors, sensor lighting, wireless door entry products, doorbells, home security system, lighting fixtures, sensor product, wireless product, security product, and household electrical appliances. It also trades in motion sensors, sensor lighting, and wireless door entry products. In addition, the company engages in the design, manufacturing, sales of mould; providing corporate management services; research and development services and technology transfer services. Further, the company operates in Malaysia, Japan, the People's Republic of China, Europe countries, Asia countries, and North America countries. IQ Group Holdings Berhad was founded in 1989 and is headquartered in Bayan Lepas, Malaysia.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

IQ Group reported revenue of 104M MYR in FY2026 versus 127M MYR in FY2022, a compound −5.0%/yr. Reported net income was −8.6M MYR in FY2026.

Growth Quality 18/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
104M MYR
Latest YoY
−5.9%
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.
−7.9%
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.
−4.8%
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.
−2.4%
Revenue −5.0%/yr
FY22 127M MYR
FY23 133M MYR
FY24 126M MYR
FY25 110M MYR
FY26 104M MYR
Net income
FY22 −10.2M MYR
FY23 7.1M MYR
FY24 6.4M MYR
FY25 490K MYR
FY26 −8.6M MYR

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Cite: Fair Value Calculator (2026). "IQ Group Fair Value". https://www.fairvalue-calculator.com/stock/5107

Peer Group

Security & Protection Services · 114 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 54 · Below median
Fair Value upside +65% · Top 25%
Return on assets -1% · Below median
Net margin (TTM) -8% · Bottom 25%
Operating margin (TTM) -11% · Bottom 25%
Revenue growth -35% · Bottom 25%

Valuation Multiples vs Security & Protection Services median · lower = cheaper

P/B 0.07× · Cheaper than 75% of peers
P/S (TTM) 0.08× · Cheaper than 75% of peers
P/FCF 2.3× · 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 100 · sector 19
FUTURE 0 · sector 39
PAST 0 · sector 20
HEALTH 100 · sector 99
DIVIDEND 0 · sector 49

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 Security & Protection Services stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

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ASSA ABLOY AB ASSAB kr 348.40 kr 269.97 -23%
Verisure plc VSURE €10.26 €12.40 +21%
Allegion plc ALLE $137.24 $127.80 -7%
Securitas AB SECUB kr 162.10 kr 186.34 +15%
Zhejiang Dahua Technology Co 002236 ¥16.57 ¥23.58 +42%
MSA Safety Incorporated MSA $169.00 $118.51 -30%
ADT Inc ADT $7.06 $17.10 +142%
The Brink's Company BCO $104.24 $101.84 -2%
Brady Corporation BRC $90.16 $73.43 -19%
The GEO Group GEO $29.46 $32.36 +10%

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Frequently asked questions

Is IQ Group (5107) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 0.6600 MYR versus a price of 0.4000 MYR, about +65% (undervalued).
What is the fair value of 5107?
Our model-based fair value for IQ Group is 0.6600 MYR (as of Jul 16, 2026), built from audited fundamentals. The current price is 0.4000 MYR.
What is the quality score of 5107?
IQ Group has a Quality Score of 54/100. 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 IQ Group (5107)?
IQ Group reported trailing-twelve-month revenue of about 105M MYR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 5107?
The net profit margin of IQ Group is about -8.2%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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