EN DE

TH Plantations Berhad, an investment holding company, (5112) Fair Value & Analysis

Consumer Defensive · MY · Market cap 539M MYR

TP TH Plantations Berhad, an investment holding company, 5112 · KLSE
Price0.5850 MYR
Fair Value1.16 MYR
Upside+97.5%
Quality61/100
Watch TH Plantations Berhad, an investment holding company, for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 9.4% net margin
Moderate debt · generates free cash flow
4.92% dividend yield
Ranks above peers (12/15)
Moderate moat 54/100
Evidence: Medium Range 0.6182 MYR – 1.88 MYR Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated today

Fair value updated Aug 13, 2026, revised from 1.91 MYR to 1.16 MYR (−39.5%) since Jul 18, 2026. Share price −6.4% over the past month.

A solid business, screening 98% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.6182 MYR). The market is more pessimistic than our downside scenario.
  • The model range is unusually wide (0.6182 MYR to 1.88 MYR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (61/100) at a price below fair value, the discount is the argument here, not the business quality.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

0.9680 MYR 0.3308 MYR Fair Value 1.16 MYR Mar 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 0.3308 MYR – 0.9680 MYR · fair‑value band 0.6182 MYR – 1.88 MYR · the 0.5850 MYR price screens below the 1.16 MYR fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

TH Plantations Berhad, an investment holding company, (5112) currently trades at 0.5850 MYR, while our model-based Fair Value estimate is 1.16 MYR, implying the stock looks roughly 97.5% undervalued today. The Quality Score stands at 61/100 (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: medium), always confirm before acting.

Over the trailing twelve months, TH Plantations Berhad, an investment holding company, generated revenue of 967M MYR at a net margin of 9.4%. Revenue grew 3.3% year over year. It earns a return on equity of 8.0%. Net debt stands at 1.1B MYR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.6182 MYR (bear case) to 1.88 MYR (bull case); at 0.5850 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 12% below its 52-week high and 24% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 97% fair-value upside, at 98%, 5112 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 1.04 MYR 1.90 MYR 3.07 MYR 80
Residual Income 0.7900 MYR 0.8800 MYR 1.25 MYR 76
Rev-Margin DCF 0.7000 MYR 1.46 MYR 2.40 MYR 74
All 26 models by family
DCF Models
FCF DCF 1.05 MYR 1.99 MYR 3.34 MYR 38
Owner Earnings 0.4800 MYR 1.09 MYR 1.98 MYR 31
5Y Revenue Exit 0.7000 MYR 1.46 MYR 2.43 MYR 39
5Y EBITDA Exit 1.95 MYR 3.93 MYR 6.34 MYR 41
5Y P/E Exit 0.9300 MYR 1.91 MYR 2.97 MYR 38
10Y Revenue Exit 0.7900 MYR 1.49 MYR 2.48 MYR 36
10Y EBITDA Exit 1.57 MYR 3.11 MYR 5.34 MYR 37
10Y P/E Exit 0.9500 MYR 1.79 MYR 2.87 MYR 35
Earnings-Based
Graham-Dodd 0.7100 MYR 2.79 MYR 3.79 MYR 54
Lynch FV 0.6900 MYR 0.9800 MYR 1.28 MYR 50
PEG = 1.0 0.6900 MYR 0.9800 MYR 1.28 MYR 46
EPV 0.9100 MYR 1.11 MYR 1.29 MYR 59
Dividend Discount
Gordon GGM 0.2300 MYR 0.4200 MYR 0.5700 MYR 70
DDM Multi-Stage 0.2300 MYR 0.3800 MYR 0.4500 MYR 61
Multiples
P/E Multiple 1.64 MYR 2.18 MYR 2.73 MYR 63
P/S Multiple 1.31 MYR 1.74 MYR 2.18 MYR 58
P/B Multiple 1.32 MYR 1.77 MYR 2.21 MYR 55
EV/EBIT 2.79 MYR 3.93 MYR 5.06 MYR 53
EV/EBITDA 2.87 MYR 4.04 MYR 5.20 MYR 54
EV/Revenue 0.5200 MYR 1.01 MYR 1.50 MYR 43
Asset-Based
NCAV (Graham) 0.4700 MYR 0.6200 MYR 0.9300 MYR 50
Growth DCF
Growth DCF 1.04 MYR 1.90 MYR 3.07 MYR 80
Rev-Margin DCF 0.7000 MYR 1.46 MYR 2.40 MYR 74
Economic Profit
Residual Income 0.7900 MYR 0.8800 MYR 1.25 MYR 76
ROIC Compounder 0.9100 MYR 1.24 MYR 1.68 MYR 72
Growth Earnings
Growth-Adj P/E 1.22 MYR 1.75 MYR 2.27 MYR 68

Widest divergence: DCF Models (1.79 MYR) versus Dividend Discount (0.3800 MYR). Highest evidence: Growth DCF (80).

Notify me when 5112 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 967M MYR
Revenue growth (YoY) +3.3%
Net margin 9.4%
Return on equity 8.0%
Free cash flow 147M MYR FY2025
P/E ratio 7.3
More key figures
Operating margin 22.5%
EPS (TTM) 0.0800 MYR
Dividend yield 5.0%
EPS growth (YoY) -14.5%
Net debt 1.1B MYR FY2025

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

Quality Score breakdown

Overall quality 61/100

Of which business quality 57 · Market factors (momentum, volatility) 64

Profitability 33
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 75
Earnings quality: real cash, not paper profit
Fin. Strength 28
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 91
Calm price path (market factor)
Momentum 51
Price trend over the last 3–12 months (market factor)
52W Momentum 54
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

TH Plantations Berhad, an investment holding company, engages in the cultivation of oil palm in Malaysia and Indonesia. It operates through two segments, Oil Palm Plantations and Forestry.

Full company description

TH Plantations Berhad, an investment holding company, engages in the cultivation of oil palm in Malaysia and Indonesia. It operates through two segments, Oil Palm Plantations and Forestry. The company is also involved in the processing of fresh fruit bunches; marketing of crude palm oil, palm kernel, and fresh fruit bunches; harvesting of rubberwood; letting of investment properties; forestry; and investment in a biogas plant project. In addition, it offers management services. Further, the company operates oil palm and teak estates; and palm oil mills. The company was incorporated in 1972 and is headquartered in Kuala Lumpur, Malaysia. TH Plantations Berhad operates as a subsidiary of Lembaga Tabung Haji.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TH Plantations Berhad, an investment holding company, reported revenue of 961M MYR in FY2025 versus 761M MYR in FY2021, a compound +6.0%/yr. Reported net income was 91.8M MYR in FY2025, compounding +6.9%/yr from FY2021.

Growth Quality 85/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
961M MYR
Latest YoY
+9.5%
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.
+2.9%
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.
+11.6%
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.
+7.5%
Revenue +6.0%/yr
FY21 761M MYR
FY22 881M MYR
FY23 752M MYR
FY24 878M MYR
FY25 961M MYR
Net income +6.9%/yr
FY21 70.2M MYR
FY22 68.8M MYR
FY23 46.6M MYR
FY24 75.2M MYR
FY25 91.8M MYR

Watch 5112: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

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). "TH Plantations Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/5112

Peer Group

Farm Products · 299 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 +98% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 5% · Above median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 23% · Top 25%
Revenue growth 3% · Below median
Dividend yield (TTM) 4.9% · Top 25%
Debt / equity 0.78× · Higher than 75% of peers

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 7.3× · Cheaper than 75% of peers
P/B 0.65× · Cheaper than median
P/S (TTM) 0.56× · Pricier than median
P/FCF 0.9× · Cheaper than median
EV/EBITDA 3.6× · Cheaper than median
PEG 0.32× · 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 25
FUTURE 17 · sector 22
PAST 32 · sector 18
HEALTH 61 · sector 95
DIVIDEND 98 · sector 37

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

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.15 ¥47.42 +18%
PT Charoen Pokphand Indonesia Tbk, CPIN 3,150 IDR 6,818 IDR +116%
Charoen Pokphand Foods Public Company CPF 21.90 THB 43.24 THB +97%
PT Triputra Agro Persada Tbk TAPG 1,805 IDR 3,087 IDR +71%
PT FAP Agri Tbk FAPA 7,350 IDR 6,420 IDR -13%
PT Japfa Comfeed Indonesia Tbk JPFA 2,260 IDR 6,974 IDR +209%
PT Jhonlin Agro Raya Tbk JARR 1,890 IDR 610.80 IDR -68%
PT Nusantara Sawit Sejahtera Tbk NSSS 860.00 IDR 402.24 IDR -53%
PT Sinar Mas Agro Resources and Technology Tbk SMAR 5,625 IDR 16,227 IDR +188%
PT Dharma Satya Nusantara Tbk DSNG 1,320 IDR 2,696 IDR +104%

Compare TH Plantations Berhad, an investment holding company, with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Defensive stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is TH Plantations Berhad, an investment holding company, (5112) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1.16 MYR versus a price of 0.5850 MYR, about +98% (undervalued).
What is the fair value of 5112?
Our model-based fair value for TH Plantations Berhad, an investment holding company, is 1.16 MYR (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.5850 MYR.
What is the quality score of 5112?
TH Plantations 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 TH Plantations Berhad, an investment holding company, (5112)?
TH Plantations Berhad, an investment holding company, reported trailing-twelve-month revenue of about 967M MYR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 5112?
The net profit margin of TH Plantations Berhad, an investment holding company, is about 9.4%, meaning it keeps roughly 9.4% of revenue as net income. Based on the latest reported figures.
Does TH Plantations Berhad, an investment holding company, pay a dividend?
TH Plantations Berhad, an investment holding company, currently shows a dividend yield of about 5.04% 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.

14 days Pro free · no card

Track TH Plantations Berhad, an investment holding company, and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.