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MSM Malaysia Holdings (5202) Fair Value & Analysis

Consumer Defensive · MY · Market cap 513M MYR

MM MSM Malaysia Holdings 5202 · KLSE
Price0.6300 MYR
Fair Value0.6500 MYR
Upside+3.2%
Quality38/100
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Evidence: Low Range 0.1300 MYR – 1.21 MYR

Fair value as of: Jul 11, 2026

From 7 valuation models · updated today

Fair value updated Jul 11, 2026 — revised from 8.60 MYR to 0.6500 MYR (−92.4%) since Jun 24, 2026. Share price −12.5% over the past month.

Price vs Fair Value (12 months)

1.09 MYR 0.6000 MYR Fair Value 0.6500 MYR Jul 2025 Jul 2026

12‑month range 0.6000 MYR – 1.09 MYR · fair‑value band 0.1300 MYR – 1.21 MYR · the 0.6300 MYR price screens below the 0.6500 MYR fair value. As of Jul 11, 2026.

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Analysis

MSM Malaysia Holdings (5202) currently trades at 0.6300 MYR, while our model-based Fair Value estimate is 0.6500 MYR — implying the stock looks roughly 3.2% undervalued today. We read business quality at 38/100 (below-average 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: low) — always confirm before acting.

Over the trailing twelve months, MSM Malaysia Holdings generated revenue of 2.9B MYR at a net margin of -14.5%. Revenue declined 26.3% year over year. It earns a return on equity of -32.5%. Net debt stands at 849M MYR. Fundamentals as of Jul 11, 2026

Our scenario range runs from 0.1300 MYR (bear case) to 1.21 MYR (bull case); at 0.6300 MYR, the current price sits within that range. The share trades about 43% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -29% fair-value upside — at 3%, 5202 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 2.9B MYR
Revenue growth (YoY) -26.3%
Net margin -14.5%
Return on equity -32.5%
Free cash flow 101M MYR FY2025
Operating margin -0.9%
More key figures
EPS (TTM) -0.6000 MYR
EPS growth (YoY) -91.1%
Net debt 849M MYR FY2025

Figures from reported company fundamentals (EODHD) · as of Jul 11, 2026. TTM = trailing twelve months.

About the company

MSM Malaysia Holdings Berhad, a refined sugar producer, produces, refines, markets, and sells refined sugar products in Malaysia. It provides coarse grain, caster, fine granulated, soft brown, icing, cube, and quality cup pack sugar products. The company also offers sugar premix, fine grain sugar, liquid sugar, molasses, fine syrup, and sucralose and stevia mix. It sells its products through traders, wholesalers, and distributors to companies in the beverage and confectionery industries, hotels, restaurants, food outlets, distilleries, and household consumers, as well as producers of ethanol, animal feed, and yeast. In addition, it exports its products in Vietnam, Myanmar, China, the Philippines, Hong Kong, Singapore, Thailand, Bangladesh, Taiwan, New Zealand, and Indonesia. The company Berhad was founded in 1964 and is headquartered in Kuala Lumpur, Malaysia. MSM Malaysia Holdings Berhad operates as a subsidiary of FGV Holdings Berhad.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

MSM Malaysia Holdings reported revenue of 3.1B MYR in FY2025 versus 2.3B MYR in FY2021, a compound +8.2%/yr. Reported net income was −397M MYR in FY2025.

Revenue +8.2%/yr
FY21 2.3B MYR
FY22 2.6B MYR
FY23 3.1B MYR
FY24 3.5B MYR
FY25 3.1B MYR
Net income
FY21 125M MYR
FY22 −179M MYR
FY23 −49.9M MYR
FY24 31.3M MYR
FY25 −397M MYR

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Cite: Fair Value Calculator (2026). "MSM Malaysia Holdings Fair Value". https://www.fairvalue-calculator.com/stock/5202.KLSE

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Frequently asked questions

Is MSM Malaysia Holdings (5202) undervalued?
As of Jul 11, 2026, our model estimates a fair value of 0.6500 MYR versus a price of 0.6300 MYR — about +3% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 5202?
Our model-based fair value for MSM Malaysia Holdings is 0.6500 MYR (as of Jul 11, 2026), built from audited fundamentals. The current price is 0.6300 MYR.
What is the quality score of 5202?
MSM Malaysia Holdings has a Quality Score of 38/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of MSM Malaysia Holdings (5202)?
MSM Malaysia Holdings reported trailing-twelve-month revenue of about 2.9B MYR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 5202?
The net profit margin of MSM Malaysia Holdings is about -14.5%, 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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Not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.