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DFCITY Group (5165) Fair Value & Analysis

Basic Materials · MY · Market cap 41.2M MYR

DG DFCITY Group 5165 · KLSE
Price0.3950 MYR
Fair Value0.0613 MYR
Upside-84.5%
Quality60/100
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Healthy Growth
Loss-making · -0.7% net margin
Low debt · generates free cash flow
Trails peers (4/12)
Narrow moat 15/100
Evidence: Medium Range 0.0459 MYR – 0.0920 MYR Share as image

Fair value as of: Jul 13, 2026

From 22 valuation models · updated 29 days ago

Share price +1.3% over the past month.

A solid business, but screening 84% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.0920 MYR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (0.0459 MYR to 0.0920 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

0.7950 MYR 0.2500 MYR Fair Value 0.0613 MYR Mar 2017 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range 0.2500 MYR – 0.7950 MYR · fair‑value band 0.0459 MYR – 0.0920 MYR · the 0.3950 MYR price screens above the 0.0613 MYR fair value. Dashed = 300-day average. As of Jul 13, 2026.

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Analysis

DFCITY Group (5165) currently trades at 0.3950 MYR, while our model-based Fair Value estimate is 0.0613 MYR, implying the stock looks roughly 84.5% overvalued today. The Quality Score stands at 60/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, DFCITY Group generated revenue of 20.7M MYR at a net margin of -0.7%. Revenue grew 0.1% year over year. It earns a return on equity of -0.5%. Net debt stands at 14.0M MYR. Fundamentals as of Jul 13, 2026

Our scenario range runs from 0.0459 MYR (bear case) to 0.0920 MYR (bull case); at 0.3950 MYR, the current price sits above 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 34% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -59% fair-value upside, at -84%, 5165 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.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (0.0100 MYR to 0.3800 MYR). Read the values as a conservative anchor, not as a price target.
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 0.0900 MYR 0.1100 MYR 0.1600 MYR 80
Rev-Margin DCF 0.0600 MYR 0.1000 MYR 0.1500 MYR 74
ROIC Compounder 0.0100 MYR 0.0200 MYR 0.0200 MYR 72
All 22 models by family
DCF Models
FCF DCF 0.0800 MYR 0.1100 MYR 0.1600 MYR 38
Owner Earnings 0.0100 MYR 0.0300 MYR 0.0500 MYR 31
5Y Revenue Exit 0.0600 MYR 0.1000 MYR 0.1500 MYR 39
5Y EBITDA Exit 0.0800 MYR 0.1200 MYR 0.1800 MYR 41
5Y P/E Exit 0.0300 MYR 0.0300 MYR 0.0400 MYR 38
10Y Revenue Exit 0.0700 MYR 0.1000 MYR 0.1300 MYR 36
10Y EBITDA Exit 0.0800 MYR 0.1100 MYR 0.1400 MYR 37
10Y P/E Exit 0.0500 MYR 0.0600 MYR 0.0700 MYR 35
Earnings-Based
Graham-Dodd 0.0100 MYR 0.0100 MYR 0.0100 MYR 54
EPV 0.0100 MYR 0.0200 MYR 0.0200 MYR 59
Multiples
P/E Multiple 0.0100 MYR 0.0200 MYR 0.0200 MYR 63
P/S Multiple 0.0100 MYR 0.0200 MYR 0.0200 MYR 58
P/B Multiple 0.0100 MYR 0.0200 MYR 0.0200 MYR 55
EV/EBIT 0.0700 MYR 0.1000 MYR 0.1400 MYR 53
EV/EBITDA 0.0900 MYR 0.1300 MYR 0.1700 MYR 54
EV/Revenue 0.0500 MYR 0.0900 MYR 0.1300 MYR 43
Asset-Based
NCAV (Graham) 0.2800 MYR 0.3800 MYR 0.5600 MYR 50
Growth DCF
Growth DCF 0.0900 MYR 0.1100 MYR 0.1600 MYR 80
Rev-Margin DCF 0.0600 MYR 0.1000 MYR 0.1500 MYR 74
Economic Profit
Residual Income 0.3400 MYR 0.2900 MYR 0.1700 MYR 61
ROIC Compounder 0.0100 MYR 0.0200 MYR 0.0200 MYR 72
Growth Earnings
Growth-Adj P/E 0.0100 MYR 0.0100 MYR 0.0200 MYR 68

Widest divergence: Asset-Based (0.3800 MYR) versus Earnings-Based (0.0100 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 20.7M MYR
Revenue growth (YoY) +0.1%
Net margin -0.7%
Return on equity -0.5%
Free cash flow 1.7M MYR FY2025
Operating margin -3.1%
More key figures
EPS growth (YoY) -95.7%
Net debt 14.0M MYR FY2025

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

Quality Score breakdown

Overall quality 60/100

Of which business quality 59 · Market factors (momentum, volatility) 40

Profitability 14
Margins and returns on capital today
Quality Growth 74
Are margins and returns improving?
Cashflow 71
Earnings quality: real cash, not paper profit
Fin. Strength 44
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 18
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

DFCITY Group Berhad, an investment holding company, engages in the manufacture, sales, and installation of dimension stones and related products in Indonesia and Malaysia. It operates through four segments: Sales of Goods, Construction, Property Development, and Others.

Full company description

DFCITY Group Berhad, an investment holding company, engages in the manufacture, sales, and installation of dimension stones and related products in Indonesia and Malaysia. It operates through four segments: Sales of Goods, Construction, Property Development, and Others. The company involved in the sourcing, processing, and distribution of dimension stones, such as granite, marble, sandstone, and slate for various applications in the commercial and residential properties, including façade walls, flooring, staircases, monuments, furniture, pillars, garden sets, and landscaping; and construction and renovation works for homes and offices. It also develops and rents properties. The company was formerly known as Hock Heng Stone Industries Bhd. and changed its name to DFCITY Group Berhad in September 2020. DFCITY Group Berhad was founded in 1988 and is headquartered in Malacca, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DFCITY Group reported revenue of 20.8M MYR in FY2025 versus 17.2M MYR in FY2021, a compound +4.9%/yr. Reported net income was 104K MYR in FY2025.

Growth Quality 70/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
20.8M MYR
Latest YoY
+15.0%
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.
−2.0%
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.
+5.4%
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.
−3.9%
Revenue +4.9%/yr
FY21 17.2M MYR
FY22 22.0M MYR
FY23 13.1M MYR
FY24 18.0M MYR
FY25 20.8M MYR
Net income
FY21 −878K MYR
FY22 678K MYR
FY23 −2.4M MYR
FY24 353K MYR
FY25 104K MYR

5165 screens 84% overvalued. Compare with CRH plc →

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Cite: Fair Value Calculator (2026). "DFCITY Group Fair Value". https://www.fairvalue-calculator.com/stock/5165

Peer Group

Building Materials · 253 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 60 · Top 25%
Fair Value upside −85% · Bottom 25%
Return on assets 1% · Below median
Net margin (TTM) -1% · Bottom 25%
Operating margin (TTM) -3% · Bottom 25%
Revenue growth 0% · Below median
Debt / equity 0.10× · Lower than median

Valuation Multiples vs Building Materials median · lower = cheaper

P/B 0.17× · Cheaper than 75% of peers
P/S (TTM) 0.49× · Cheaper than median
P/FCF 5.8× · Pricier than median
EV/EBITDA 6.9× · Pricier 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 0 · sector 27
FUTURE 1 · sector 2
PAST 0 · sector 15
HEALTH 95 · sector 92
DIVIDEND 0 · sector 42

VALUE 0: the price sits above our fair-value range.

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 Building Materials stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
CRH plc CRH $102.92 $70.57 -31%
UltraTech Cement Limited ULTRACEMCO ₹11,711 ₹4,719 -60%
China Jushi Co 600176 ¥54.52 ¥13.95 -74%
Grasim Industries Limited GRASIM ₹3,073 ₹1,245 -59%
CEMEX, S.A. CEMEXCPO 21.71 MXN 15.42 MXN -29%
Anhui Conch Cement Company 600585 ¥16.99 ¥26.14 +54%
Ambuja Cements Limited AMBUJACEM ₹435.25 ₹227.96 -48%
Shree Cement Limited SHREECEM ₹26,930 ₹8,215 -69%
TCC Group 1101B 43.70 TWD 10.48 TWD -76%
Taiwan Glass Ind. Corp 1802 53.30 TWD 13.98 TWD -74%

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Frequently asked questions

Is DFCITY Group (5165) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of 0.0613 MYR versus a price of 0.3950 MYR, about −84% (overvalued).
What is the fair value of 5165?
Our model-based fair value for DFCITY Group is 0.0613 MYR (as of Jul 13, 2026), built from audited fundamentals. The current price is 0.3950 MYR.
What is the quality score of 5165?
DFCITY Group has a Quality Score of 60/100. 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 DFCITY Group (5165)?
DFCITY Group reported trailing-twelve-month revenue of about 20.7M MYR (latest available figure, as of Jul 13, 2026).
What is the net profit margin of 5165?
The net profit margin of DFCITY Group is about -0.7%, 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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