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ELK-Desa Resources Berhad, an investment holding company, (5228) Fair Value & Analysis

Financial Services · MY · Market cap 454M MYR

ED ELK-Desa Resources Berhad, an investment holding company, 5228 · KLSE
Price1.01 MYR
Fair Value0.9400 MYR
Upside-6.9%
Quality97/100
Evidence: High Range 0.7000 MYR – 1.17 MYR

Fair value as of: Jun 26, 2026

From 24 valuation models · updated 3 days ago

Share price −4.7% over the past month.

Price vs Fair Value (12 months)

1.12 MYR 1.01 MYR Fair Value 0.9400 MYR Jun 2025 Jun 2026

12‑month range 1.01 MYR – 1.12 MYR · fair‑value band 0.7000 MYR – 1.17 MYR · the 1.01 MYR price screens above the 0.9400 MYR fair value. As of Jun 26, 2026.

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Analysis

ELK-Desa Resources Berhad, an investment holding company, (5228) currently trades at 1.01 MYR, while our model-based Fair Value estimate is 0.9400 MYR — implying the stock looks roughly 6.9% overvalued today. We read business quality at 97/100 (high quality), in the Financial Services 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, ELK-Desa Resources Berhad, an investment holding company, generated revenue of 137M MYR at a net margin of 21.9%. Revenue declined 3.5% year over year. It earns a return on equity of 6.2%. Net debt stands at 349M MYR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 137M MYR
Revenue growth (YoY) -3.5%
Net margin 21.9%
Return on equity 6.2%
Free cash flow 36.2M MYR FY2026
P/E ratio 14.9
More key figures
Operating margin 29.7%
EPS (TTM) 0.0700 MYR
EPS growth (YoY) -10.9%
Net debt 349M MYR FY2026

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

ELK-Desa Resources Berhad, an investment holding company, provides hire-purchase financing and other integrated services for used motor vehicles in Malaysia. It operates in two segments, Hire-Purchase Financing and Furniture. The company is involved in the sale of general insurance policies as an insurance agent; and manufacture, trading, and wholesale of home furniture products. ELK-Desa Resources Berhad was incorporated in 1989 and is headquartered in Kuala Lumpur, Malaysia.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

ELK-Desa Resources Berhad, an investment holding company, reported revenue of 204M MYR in FY2026 versus 129M MYR in FY2022, a compound +12.2%/yr. Reported net income was 31.6M MYR in FY2026, compounding +5.2%/yr from FY2022.

Revenue +12.2%/yr
FY22 129M MYR
FY23 155M MYR
FY24 168M MYR
FY25 197M MYR
FY26 204M MYR
Net income +5.2%/yr
FY22 25.8M MYR
FY23 47.7M MYR
FY24 36.7M MYR
FY25 32.6M MYR
FY26 31.6M MYR

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6 more Credit Services stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

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Mastercard Incorporated MA C$29.95 C$17.84 -40%
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American Express Company AXP C$28.87 C$17.03 -41%
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Bajaj Finance Limited BAJFINANCE ₹884.10 ₹604.72 -32%

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Frequently asked questions

Is ELK-Desa Resources Berhad, an investment holding company, (5228) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 0.9400 MYR versus a price of 1.01 MYR — about −7% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 5228?
Our 21-model fair value for ELK-Desa Resources Berhad, an investment holding company, is 0.9400 MYR (as of Jun 26, 2026), built from audited fundamentals. The current price is 1.01 MYR.
What is the quality score of 5228?
ELK-Desa Resources Berhad, an investment holding company, has a Quality Score of 97/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of ELK-Desa Resources Berhad, an investment holding company, (5228)?
ELK-Desa Resources Berhad, an investment holding company, reported trailing-twelve-month revenue of about 137M MYR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of 5228?
The net profit margin of ELK-Desa Resources Berhad, an investment holding company, is about 21.9%, meaning it keeps roughly 21.9% of revenue as net income. 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.