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Cypark Resources Berhad, an investment holding company, (5184) Fair Value & Analysis

Utilities · MY · Market cap 539M MYR

CR Cypark Resources Berhad, an investment holding company, 5184 · KLSE
Price0.7050 MYR
Fair Value0.3500 MYR
Upside-50.4%
Quality33/100
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Weak Growth
Loss-making · -37.9% net margin
High debt · generates free cash flow
Trails peers (4/12)
Narrow moat 37/100
Evidence: High Range 0.3200 MYR – 0.3900 MYR Share as image

Fair value as of: Jul 15, 2026

From 4 valuation models · updated 26 days ago

Fair value updated Jul 15, 2026, revised from 0.9000 MYR to 0.3500 MYR (−61.1%) since Jul 11, 2026. Share price +7.6% over the past month.

Below-average quality, and screening another 50% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.3900 MYR). The favourable scenario is already priced in.
  • Weak quality (33/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

1.36 MYR 0.2850 MYR Fair Value 0.3500 MYR Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 0.2850 MYR – 1.36 MYR · fair‑value band 0.3200 MYR – 0.3900 MYR · the 0.7050 MYR price screens above the 0.3500 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

Cypark Resources Berhad, an investment holding company, (5184) currently trades at 0.7050 MYR, while our model-based Fair Value estimate is 0.3500 MYR, implying the stock looks roughly 50.4% overvalued today. The Quality Score stands at 33/100 (below-average quality), in the Utilities 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: high).

Over the trailing twelve months, Cypark Resources Berhad, an investment holding company, generated revenue of 150M MYR at a net margin of -33.4%. Revenue grew 8.8% year over year. It earns a return on equity of -4.1%. Net debt stands at 2.0B MYR. Fundamentals as of Jul 15, 2026

Our scenario range runs from 0.3200 MYR (bear case) to 0.3900 MYR (bull case); at 0.7050 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 27% below its 52-week high and 33% above its 52-week low, currently below its 200-day average. For context, the median of 10 Utilities peers we cover trades at -30% fair-value upside, at -50%, 5184 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.

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
Gordon GGM 0.2900 MYR 0.3100 MYR 0.3400 MYR 70
DDM Multi-Stage 0.2900 MYR 0.3400 MYR 0.4100 MYR 61
EV/EBITDA 0.2200 MYR 54
All 4 models by family
Dividend Discount
Gordon GGM 0.2900 MYR 0.3100 MYR 0.3400 MYR 70
DDM Multi-Stage 0.2900 MYR 0.3400 MYR 0.4100 MYR 61
Multiples
EV/EBITDA 0.2200 MYR 54
Asset-Based
NCAV (Graham) 0.3500 MYR 0.4600 MYR 0.6900 MYR 50

Widest divergence: Asset-Based (0.4600 MYR) versus Dividend Discount (0.3100 MYR). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 179M MYR
Revenue growth (YoY) +152%
Net margin -37.9%
Return on equity -6.6%
Free cash flow 19.7M MYR FY2025
Operating margin 68.2%
More key figures
EPS (TTM) -0.1200 MYR
EPS growth (YoY) -77.0%
Net debt 2.0B MYR FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 33/100

Of which business quality 31 · Market factors (momentum, volatility) 44

Profitability 2
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 6
Balance sheet, leverage, solvency risk
Investment 71
Disciplined investing over empire-building
Low Volatility 74
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 40
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

Cypark Resources Berhad, an investment holding company, engages in the renewable energy, construction, engineering, green technology, environment, waste management, and waste-to-energy (WTE) businesses in Malaysia. It is involved in the production of electricity from solar, biogas, biomass, municipal solid waste, and organic waste.

Full company description

Cypark Resources Berhad, an investment holding company, engages in the renewable energy, construction, engineering, green technology, environment, waste management, and waste-to-energy (WTE) businesses in Malaysia. It is involved in the production of electricity from solar, biogas, biomass, municipal solid waste, and organic waste. The company also constructs residential and commercial buildings, waterfronts, parks, schools, colleges, resorts, hospitals, and other landscaping projects. In addition, it produces biomass engineered fuel from empty fruit bunches. Additionally, the company provides turnkey contract services that include design, engineering, procurement, construction, installation, testing, and commissioning of the solar plant; management services; planning and design services for external built environment and landscape maintenance services; project management services; and infrastructure development services. Further, it engages in investment activities; and operation of generation facilities that produce electric; and waste management facilities. The company was founded in 1999 and is based in Kuala Lumpur, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cypark Resources Berhad, an investment holding company, reported revenue of 179M MYR in FY2025 versus 315M MYR in FY2021, a compound −13.2%/yr. Reported net income was −67.9M MYR in FY2025.

Growth Quality 29/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
179M MYR
Latest YoY
+13.5%
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.
−4.8%
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.
−10.0%
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.
−0.7%
Revenue −13.2%/yr
FY21 315M MYR
FY22 208M MYR
FY23 184M MYR
FY24 158M MYR
FY25 179M MYR
Net income
FY21 75.4M MYR
FY22 −164M MYR
FY23 −88.5M MYR
FY24 −6.0M MYR
FY25 −67.9M MYR

5184 screens 50% overvalued. Compare with China Yangtze Power Co →

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Cite: Fair Value Calculator (2026). "Cypark Resources Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/5184

Peer Group

Utilities - Renewable · 220 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 33 · Below median
Fair Value upside −50% · Below median
Return on assets -0% · Below median
Net margin (TTM) -38% · Bottom 25%
Operating margin (TTM) 68% · Top 25%
Revenue growth 152% · Top 25%
Debt / equity 2.84× · Higher than 75% of peers

Valuation Multiples vs Utilities - Renewable median · lower = cheaper

P/B 0.23× · Cheaper than 75% of peers
P/S (TTM) 0.74× · Cheaper than median
P/FCF 6.7× · Pricier than median
EV/EBITDA 24.2× · Pricier 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 0 · sector 12
FUTURE 100 · sector 0
PAST 0 · sector 12
HEALTH 0 · sector 68
DIVIDEND 0 · sector 47

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

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.

Similar stocks

10 more Utilities - Renewable stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
China Yangtze Power Co 600900 ¥27.99 ¥25.13 -10%
Ørsted A/S ORSTED kr 149.70 kr 31.40 -79%
Huaneng Lancang River Hydropower Inc 600025 ¥9.81 ¥5.57 -43%
Adani Green Energy Limited ADANIGREEN ₹1,537 ₹170.50 -89%
AXIA Energia SA AXIAP $10.74 $9.65 -10%
VERBUND AG OEWA €58.65 €66.19 +13%
BEP BEP $32.33 $73.35 +127%
BEPUN BEPUN C$44.56 C$10.15 -77%
Fortum Oyj FORTUM €19.89 €13.90 -30%
China Longyuan Power Group 001289 ¥16.21 ¥8.23 -49%

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Frequently asked questions

Is Cypark Resources Berhad, an investment holding company, (5184) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 0.3500 MYR versus a price of 0.7050 MYR, about −50% (overvalued).
What is the fair value of 5184?
Our model-based fair value for Cypark Resources Berhad, an investment holding company, is 0.3500 MYR (as of Jul 15, 2026), built from audited fundamentals. The current price is 0.7050 MYR.
What is the quality score of 5184?
Cypark Resources Berhad, an investment holding company, has a Quality Score of 33/100. 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 Cypark Resources Berhad, an investment holding company, (5184)?
Cypark Resources Berhad, an investment holding company, reported trailing-twelve-month revenue of about 150M MYR (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 5184?
The net profit margin of Cypark Resources Berhad, an investment holding company, is about -33.4%, 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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