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Titijaya Land Berhad, an investment holding company, (5239) Fair Value & Analysis

Real Estate · MY · Market cap 290M MYR

TL Titijaya Land Berhad, an investment holding company, 5239 · KLSE
Price0.2200 MYR
Fair Value0.2900 MYR
Upside+31.8%
Quality60/100
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Mixed Growth
Thin margins · 7.5% net margin
Low debt · generates free cash flow
Ranks above peers (8/13)
Narrow moat 39/100
Evidence: High Range 0.2200 MYR – 0.3800 MYR Share as image

Fair value as of: Jul 17, 2026

From 16 valuation models · updated 24 days ago

Share price +4.8% over the past month.

A solid business, screening 32% undervalued on our models.

What matters now

  • Solid quality (60/100) at a price below fair value, the discount is the argument here, not the business quality.
  • 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)

0.4350 MYR 0.2000 MYR Fair Value 0.2900 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 0.2000 MYR – 0.4350 MYR · fair‑value band 0.2200 MYR – 0.3800 MYR · the 0.2200 MYR price screens below the 0.2900 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Titijaya Land Berhad, an investment holding company, (5239) currently trades at 0.2200 MYR, while our model-based Fair Value estimate is 0.2900 MYR, implying the stock looks roughly 31.8% undervalued today. The Quality Score stands at 60/100 (solid quality), in the Real Estate 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: high), always confirm before acting.

Over the trailing twelve months, Titijaya Land Berhad, an investment holding company, generated revenue of 248M MYR at a net margin of 7.5%. Revenue grew 41.5% year over year. It earns a return on equity of 1.5%. Net debt stands at 139M MYR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 0.2200 MYR (bear case) to 0.3800 MYR (bull case); at 0.2200 MYR, the current price sits within 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 15% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at 32%, 5239 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
Growth DCF 0.2000 MYR 0.2500 MYR 0.3200 MYR 80
Residual Income 0.5900 MYR 0.5400 MYR 0.3500 MYR 76
Rev-Margin DCF 0.1800 MYR 0.2600 MYR 0.3500 MYR 74
All 16 models by family
DCF Models
FCF DCF 0.1900 MYR 0.2500 MYR 0.3300 MYR 38
5Y Revenue Exit 0.1800 MYR 0.2500 MYR 0.3600 MYR 39
5Y EBITDA Exit 0.2200 MYR 0.3300 MYR 0.4700 MYR 41
10Y Revenue Exit 0.1800 MYR 0.2300 MYR 0.2800 MYR 36
10Y EBITDA Exit 0.2100 MYR 0.2700 MYR 0.3400 MYR 37
Dividend Discount
Gordon GGM 0.0500 MYR 0.0600 MYR 0.0600 MYR 70
DDM Multi-Stage 0.0500 MYR 0.0600 MYR 0.0700 MYR 61
Multiples
P/S Multiple 0.1500 MYR 0.2000 MYR 0.2600 MYR 58
P/B Multiple 0.1500 MYR 0.2000 MYR 0.2600 MYR 55
EV/EBIT 0.3300 MYR 0.4500 MYR 0.5600 MYR 53
EV/EBITDA 0.2900 MYR 0.4000 MYR 0.5000 MYR 54
EV/Revenue 0.1800 MYR 0.2600 MYR 0.3400 MYR 43
Asset-Based
NCAV (Graham) 0.4700 MYR 0.6300 MYR 0.9500 MYR 50
Growth DCF
Growth DCF 0.2000 MYR 0.2500 MYR 0.3200 MYR 80
Rev-Margin DCF 0.1800 MYR 0.2600 MYR 0.3500 MYR 74
Economic Profit
Residual Income 0.5900 MYR 0.5400 MYR 0.3500 MYR 76

Widest divergence: Asset-Based (0.6300 MYR) versus Dividend Discount (0.0600 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 248M MYR
Revenue growth (YoY) +41.5%
Net margin 7.5%
Return on equity 1.5%
Free cash flow 37.8M MYR FY2025
P/E ratio 21.0
More key figures
Operating margin 15.4%
EPS (TTM) 0.0100 MYR
EPS growth (YoY) +253%
Net debt 139M MYR FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 60 · Market factors (momentum, volatility) 53

Profitability 17
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 86
Earnings quality: real cash, not paper profit
Fin. Strength 53
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 85
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 37
Distance to the 52-week high (market factor)
Net Issuance 78
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

Titijaya Land Berhad, an investment holding company, engages in the property development activities in Malaysia. The company operates through Property Development, Hospitality; and Investment Holding and Others segments. It develops and sells housing and commercial units.

Full company description

Titijaya Land Berhad, an investment holding company, engages in the property development activities in Malaysia. The company operates through Property Development, Hospitality; and Investment Holding and Others segments. It develops and sells housing and commercial units. The company is also involved in the property investment and construction, management, money lending, and other activities, as well as trading of medicare equipment and products. In addition, it provides hotel operation services. The company was formerly known as Meridian Flagship Berhad and changed its name to Titijaya Land Berhad in August 2012. Titijaya Land Berhad was founded in 1997 and is headquartered in Subang Jaya, Malaysia. Titijaya Land Berhad is a subsidiary of Titijaya Group Sdn. Bhd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Titijaya Land Berhad, an investment holding company, reported revenue of 201M MYR in FY2025 versus 254M MYR in FY2021, a compound −5.6%/yr. Reported net income was 15.8M MYR in FY2025.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
201M MYR
Latest YoY
−21.0%
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.
−9.9%
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.
+4.0%
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.
+4.2%
Revenue −5.6%/yr
FY21 254M MYR
FY22 275M MYR
FY23 363M MYR
FY24 255M MYR
FY25 201M MYR
Net income
FY21 −14.0M MYR
FY22 −3.3M MYR
FY23 4.4M MYR
FY24 24.1M MYR
FY25 15.8M MYR

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Cite: Fair Value Calculator (2026). "Titijaya Land Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/5239

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 61 · Top 25%
Fair Value upside +32% · Above median
Return on equity (TTM) 1% · Below median
Return on assets 1% · Below median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 15% · Above median
Revenue growth 42% · Top 25%
Debt / equity 0.13× · Lower than median

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

P/E (TTM) 22.0× · Pricier than median
P/B 0.23× · Cheaper than median
P/S (TTM) 1.17× · Pricier than median
P/FCF 1.9× · Pricier than median
EV/EBITDA 9.2× · 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 76 · sector 48
FUTURE 100 · sector 0
PAST 6 · sector 10
HEALTH 94 · sector 84
DIVIDEND 0 · sector 38

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 17, 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 Titijaya Land Berhad, an investment holding company, (5239) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 0.2900 MYR versus a price of 0.2200 MYR, about +32% (undervalued).
What is the fair value of 5239?
Our model-based fair value for Titijaya Land Berhad, an investment holding company, is 0.2900 MYR (as of Jul 17, 2026), built from audited fundamentals. The current price is 0.2200 MYR.
What is the quality score of 5239?
Titijaya Land Berhad, an investment holding company, has a Quality Score of 60/100. 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 Titijaya Land Berhad, an investment holding company, (5239)?
Titijaya Land Berhad, an investment holding company, reported trailing-twelve-month revenue of about 248M MYR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 5239?
The net profit margin of Titijaya Land Berhad, an investment holding company, is about 7.5%, meaning it keeps roughly 7.5% 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.

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