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ABM Fujiya Bhd (5198) Fair Value & Analysis

Consumer Cyclical · MY · Market cap 36.9M MYR

AF ABM Fujiya Bhd 5198 · KLSE
Price from Aug 14, 20260.2250 MYR
Fair Value0.3600 MYR
Upside+60.0%
Quality39/100
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Strengths

Trades 38% below our fair value of 0.3600 MYR

Risks

!Expensive Growth (revenue 5y +11.4 %/yr)
!Loss-making · -1.4% net margin
!Low debt · negative free cash flow
!Mixed vs. peers (5/11)
Expensive Growth (revenue 5y +11.4 %/yr)
Loss-making · -1.4% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/11)
Narrow moat 31/100
Evidence: Low Range 0.2439 MYR – 0.3600 MYR Share as image

Fair value as of: Aug 13, 2026

From 6 valuation models · updated 11 days ago

Fair value updated Aug 13, 2026, revised from 0.4200 MYR to 0.3600 MYR (−14.3%) since Jul 12, 2026. Share price +12.5% over the past month.

Below-average quality, trading 38% below our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The large discount to fair value meets weak quality (39/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (0.2439 MYR). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

0.6600 MYR 0.1950 MYR Fair Value 0.3600 MYR Feb 2017 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 0.1950 MYR – 0.6600 MYR · fair‑value band 0.2439 MYR – 0.3600 MYR · the 0.2250 MYR price screens below the 0.3600 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

ABM Fujiya Bhd (5198) currently trades at 0.2250 MYR, while our model-based Fair Value estimate is 0.3600 MYR, implying the stock looks roughly 60.0% undervalued today. The Quality Score stands at 39/100 (below-average quality), in the Consumer Cyclical 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: low), always confirm before acting.

Over the trailing twelve months, ABM Fujiya Bhd generated revenue of 141M MYR at a net margin of -1.4%. Revenue declined 21.5% year over year. It earns a return on equity of -1.3%. Net debt stands at 328M MYR. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.2439 MYR (bear case) to 0.3600 MYR (bull case); at 0.2250 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 35% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -27% fair-value upside, at 60%, 5198 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
ROIC Compounder 0.0900 MYR 0.1500 MYR 0.1900 MYR 72
EPV 0.0900 MYR 0.1500 MYR 0.1900 MYR 59
EV/EBITDA 0.8700 MYR 1.29 MYR 1.71 MYR 54
All 6 models by family
Earnings-Based
EPV 0.0900 MYR 0.1500 MYR 0.1900 MYR 59
Multiples
EV/EBIT 0.6400 MYR 0.9800 MYR 1.33 MYR 53
EV/EBITDA 0.8700 MYR 1.29 MYR 1.71 MYR 54
EV/Revenue 0.3000 MYR 0.6000 MYR 0.9000 MYR 43
Asset-Based
NCAV (Graham) 0.4400 MYR 0.5800 MYR 0.8700 MYR 50
Economic Profit
ROIC Compounder 0.0900 MYR 0.1500 MYR 0.1900 MYR 72

Widest divergence: Multiples (0.9800 MYR) versus Earnings-Based (0.1500 MYR). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

P/S ratio 0.31 TTM
Net margin -1.4% TTM
Return on equity -1.3% TTM
Return on assets 2.0% TTM
Operating margin 17.1% TTM
EPS (TTM) -0.0100 MYR
More key figures
Growth
Revenue (TTM) 141M MYR TTM
Revenue growth (YoY) -21.5% 3y avg +14.0%
EPS growth (YoY) +7.7%
Balance sheet & cash flow
Free cash flow −25.0M MYR FY2025
Net debt 328M MYR FY2025

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

Quality Score breakdown

Overall quality 39/100

Of which business quality 35 · Market factors (momentum, volatility) 27

Profitability 10
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 9
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 17
Price trend over the last 3–12 months (market factor)
52W Momentum 17
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

ABM Fujiya Berhad, an investment holding company, manufactures and sells automotive batteries and batteries for storage and electrical application in Malaysia, Thailand, the United Arab Emirates, Myanmar, Singapore, Yemen, the Sultanate of Oman, Australia, Saudi Arabia, Iraq, Taiwan, and internationally.

Full company description

ABM Fujiya Berhad, an investment holding company, manufactures and sells automotive batteries and batteries for storage and electrical application in Malaysia, Thailand, the United Arab Emirates, Myanmar, Singapore, Yemen, the Sultanate of Oman, Australia, Saudi Arabia, Iraq, Taiwan, and internationally. It operates through Manufacturing and Marketing segments. The company offers conventional lead acid, low-maintenance lead acid, maintenance-free, deep cycle, calcium hybrid, and marine/recreational application batteries. It also engages in trading, marketing, and retailing of batteries, lubricants, and other automotive parts. In addition, the company manufactures accumulators. ABM Fujiya Berhad was incorporated in 2003 and is based in Kuching, Malaysia. The company operates as a subsidiary of Kayatas Sdn Bhd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ABM Fujiya Bhd reported revenue of 149M MYR in FY2025 versus 90.4M MYR in FY2021, a compound +13.4%/yr. Reported net income was −3.9M MYR in FY2025.

Growth Quality 32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
149M MYR
Latest YoY
−17.2%
Avg. revenue 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.
+14.0%
Avg. revenue 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.
+11.4%
Avg. revenue 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.
+0.8%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2025 is a loss year, no rate is defined from a loss
not computed
Revenue +13.4%/yr
FY21 90.4M MYR
FY22 101M MYR
FY23 128M MYR
FY24 181M MYR
FY25 149M MYR
Net income
FY21 1.5M MYR
FY22 −2.1M MYR
FY23 −15.2M MYR
FY24 −13.5M MYR
FY25 −3.9M MYR

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Cite: Fair Value Calculator (2026). "ABM Fujiya Bhd Fair Value". https://www.fairvalue-calculator.com/stock/5198

Peer Group

Auto Parts · 646 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 39 · Bottom 25%
Fair Value upside +60% · Top 25%
Return on assets 2% · Below median
Net margin (TTM) -1% · Bottom 25%
Operating margin (TTM) 17% · Top 25%
Revenue growth -22% · Bottom 25%
Debt / equity 0.49× · Higher than 75% of peers

Valuation Multiples vs Auto Parts median · lower = cheaper

P/B 0.06× · Cheaper than 75% of peers
P/S (TTM) 0.07× · Cheaper than 75% of peers
EV/EBITDA 2.9× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 17
FUTURE0 · sector 25
PAST0 · sector 28
HEALTH75 · sector 95
DIVIDEND0 · sector 31

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

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Frequently asked questions

Is ABM Fujiya Bhd (5198) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.3600 MYR versus the last price from Aug 14, 2026 of 0.2250 MYR, about +60% (undervalued).
What is the fair value of 5198?
Our model-based fair value for ABM Fujiya Bhd is 0.3600 MYR (as of Aug 13, 2026), built from audited fundamentals. Last price (from Aug 14, 2026): 0.2250 MYR.
What is the quality score of 5198?
ABM Fujiya Bhd has a Quality Score of 39/100. 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 ABM Fujiya Bhd (5198)?
ABM Fujiya Bhd reported trailing-twelve-month revenue of about 141M MYR (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 5198?
The net profit margin of ABM Fujiya Bhd is about -1.4%, 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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