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UOA Development Bhd, an investment holding company, (5200) Fair Value & Analysis

Real Estate · MY · Market cap 4.5B MYR

UD UOA Development Bhd, an investment holding company, 5200 · KLSE
Price1.67 MYR
Fair Value1.00 MYR
Upside-40.1%
Quality70/100
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Weak Growth
Highly profitable · 69.5% net margin
Low debt · generates free cash flow
5.92% dividend yield
Ranks above peers (9/15)
Narrow moat 41/100
Evidence: High Range 0.7900 MYR – 1.25 MYR Share as image

Fair value as of: Jul 16, 2026

From 16 valuation models · updated 24 days ago

Share price −2.3% over the past month.

A solid business, but screening 40% overvalued on our models.

What matters now

  • A high-quality business (quality 70/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (1.25 MYR). The favourable scenario is already priced in.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

1.86 MYR 1.05 MYR Fair Value 1.00 MYR Mar 2021 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 1.05 MYR – 1.86 MYR · fair‑value band 0.7900 MYR – 1.25 MYR · the 1.67 MYR price screens above the 1.00 MYR fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

UOA Development Bhd, an investment holding company, (5200) currently trades at 1.67 MYR, while our model-based Fair Value estimate is 1.00 MYR, implying the stock looks roughly 40.1% overvalued today. The Quality Score stands at 70/100 (solid quality), in the Real Estate 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, UOA Development Bhd, an investment holding company, generated revenue of 636M MYR at a net margin of 69.5%. Revenue declined 25.1% year over year. It earns a return on equity of 7.8%. The balance sheet holds a net cash position of 420M MYR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 0.7900 MYR (bear case) to 1.25 MYR (bull case); at 1.67 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 14% below its 52-week high, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at -40%, 5200 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 BearBaseBull Evidence
Highest evidence
Growth DCF 1.19 MYR 1.54 MYR 2.12 MYR 80
Residual Income 1.83 MYR 1.96 MYR 2.16 MYR 76
Rev-Margin DCF 0.6900 MYR 0.8500 MYR 1.05 MYR 74
All 16 models by family
DCF Models
FCF DCF 1.15 MYR 1.51 MYR 2.16 MYR 38
5Y Revenue Exit 0.6900 MYR 0.8200 MYR 1.01 MYR 39
5Y EBITDA Exit 0.7800 MYR 0.9800 MYR 1.23 MYR 41
10Y Revenue Exit 0.8700 MYR 0.9800 MYR 1.08 MYR 36
10Y EBITDA Exit 0.9200 MYR 1.07 MYR 1.21 MYR 37
Dividend Discount
Gordon GGM 0.7100 MYR 0.7700 MYR 0.8700 MYR 70
DDM Multi-Stage 0.7100 MYR 0.8800 MYR 1.10 MYR 61
Multiples
P/S Multiple 1.24 MYR 1.65 MYR 2.06 MYR 58
P/B Multiple 2.28 MYR 3.04 MYR 3.79 MYR 55
EV/EBIT 0.6200 MYR 0.7700 MYR 0.9200 MYR 53
EV/EBITDA 0.6000 MYR 0.7500 MYR 0.9000 MYR 54
EV/Revenue 0.4100 MYR 0.5200 MYR 0.6300 MYR 43
Asset-Based
NCAV (Graham) 1.11 MYR 1.49 MYR 2.23 MYR 50
Growth DCF
Growth DCF 1.19 MYR 1.54 MYR 2.12 MYR 80
Rev-Margin DCF 0.6900 MYR 0.8500 MYR 1.05 MYR 74
Economic Profit
Residual Income 1.83 MYR 1.96 MYR 2.16 MYR 76

Widest divergence: Economic Profit (1.96 MYR) versus Dividend Discount (0.7700 MYR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 636M MYR
Revenue growth (YoY) -25.1%
Net margin 69.5%
Return on equity 7.8%
Free cash flow 284M MYR FY2025
P/E ratio 10.6
More key figures
Operating margin -17.6%
EPS (TTM) 0.1700 MYR
Dividend yield 5.6%
EPS growth (YoY) -44.0%
Net cash 420M MYR FY2025

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

Quality Score breakdown

Overall quality 70/100

Of which business quality 69 · Market factors (momentum, volatility) 47

Profitability 40
Margins and returns on capital today
Quality Growth 86
Are margins and returns improving?
Cashflow 77
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 96
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 37
Price trend over the last 3–12 months (market factor)
52W Momentum 23
Distance to the 52-week high (market factor)
Net Issuance 45
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

UOA Development Bhd, an investment holding company, engages in the property development, construction, and investment activities primarily in Malaysia. It develops and constructs residential and commercial properties.

Full company description

UOA Development Bhd, an investment holding company, engages in the property development, construction, and investment activities primarily in Malaysia. It develops and constructs residential and commercial properties. The company also manages and operates hotels, restaurants, service apartments, and co-sharing offices, as well as operates as a civil contractor. In addition, it provides administrative health care, specialized medical, dental consultancy and treatments, and related services; operates stores specialized in retail sale of pharmaceutical, medical, and orthopedic products; manages and maintains pedestrian bridges and commercial lifts for advertising; offers education, training, and consultancy services; operates Chinese medical, acupuncture, and physiotherapy care centers; deals in Chinese medicines; and trades in healthcare and beauty products, as well as offers post hospitalization and seniors care services. Further, the company offers sauna, steam baths, and massage salons; and retail sale of construction material, hardware, paints and glass. The company was founded in 1987 and is based in Kuala Lumpur, Malaysia. UOA Development Bhd operates as a subsidiary of UOA Holdings Sdn. Bhd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

UOA Development Bhd, an investment holding company, reported revenue of 674M MYR in FY2025 versus 547M MYR in FY2021, a compound +5.3%/yr. Reported net income was 474M MYR in FY2025, compounding +20.8%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
674M MYR
Latest YoY
+23.6%
Avg. growth/yr (3Y)
+14.3%
Avg. growth/yr (5Y)
−4.4%
Avg. growth/yr (17Y)
+1.9%
Revenue +5.3%/yr
FY21 547M MYR
FY22 452M MYR
FY23 399M MYR
FY24 546M MYR
FY25 674M MYR
Net income +20.8%/yr
FY21 222M MYR
FY22 220M MYR
FY23 280M MYR
FY24 287M MYR
FY25 474M MYR

5200 screens 40% overvalued. Compare with DLF Limited →

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Cite: Fair Value Calculator (2026). "UOA Development Bhd, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/5200

Peer Group

Real Estate - Development · 588 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 70 · Top 25%
Fair Value upside −40% · Bottom 25%
Return on equity (TTM) 8% · Above median
Return on assets 1% · Below median
Net margin (TTM) 70% · Top 25%
Operating margin (TTM) -18% · Bottom 25%
Revenue growth -25% · Below median
Dividend yield (TTM) 5.9% · Top 25%

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/E (TTM) 10.0× · Cheaper than median
P/B 0.19× · Cheaper than 75% of peers
P/S (TTM) 1.74× · Pricier than median
P/FCF 3.9× · Pricier than 75% of peers
EV/EBITDA 8.6× · Cheaper than median
PEG 0.68× · 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 0 · sector 48
FUTURE 0 · sector 0
PAST 31 · sector 10
HEALTH 100 · sector 84
DIVIDEND 100 · sector 38

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 Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹657.75 ₹159.49 -76%
Lodha Developers Limited LODHA ₹1,188 ₹583.43 -51%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,125 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,925 ₹1,183 -39%
Godrej Properties Limited GODREJPROP ₹2,102 ₹1,044 -50%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 555.00 IDR 1,388 IDR +150%
PT Sentul City Tbk, BKSL 64.00 IDR 84.16 IDR +32%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,100 IDR 6,239 IDR +52%

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Frequently asked questions

Is UOA Development Bhd, an investment holding company, (5200) overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 1.00 MYR versus a price of 1.67 MYR, about −40% (overvalued).
What is the fair value of 5200?
Our model-based fair value for UOA Development Bhd, an investment holding company, is 1.00 MYR (as of Jul 16, 2026), built from audited fundamentals. The current price is 1.67 MYR.
What is the quality score of 5200?
UOA Development Bhd, an investment holding company, has a Quality Score of 70/100. 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 UOA Development Bhd, an investment holding company, (5200)?
UOA Development Bhd, an investment holding company, reported trailing-twelve-month revenue of about 636M MYR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 5200?
The net profit margin of UOA Development Bhd, an investment holding company, is about 69.5%, meaning it keeps roughly 69.5% of revenue as net income. Based on the latest reported figures.
Does UOA Development Bhd, an investment holding company, pay a dividend?
UOA Development Bhd, an investment holding company, currently shows a dividend yield of about 5.62% relative to its recent price (as of Jul 16, 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.

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