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Sunway Construction Group (5263) Fair Value & Analysis

Industrials · MY · Market cap 9.8B MYR

SC Sunway Construction Group 5263 · KLSE
Price8.05 MYR
Fair Value5.72 MYR
Upside-28.9%
Quality70/100
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Healthy Growth
Thin margins · 8.2% net margin
Low debt · generates free cash flow
4.01% dividend yield
Ranks above peers (10/15)
Moderate moat 62/100
Evidence: High Range 4.29 MYR – 8.39 MYR Share as image

Fair value as of: Jul 20, 2026

From 26 valuation models · updated 21 days ago

Share price +7.2% over the past month.

A solid business, but screening 29% 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.
  • A fairly wide model range (4.29 MYR to 8.39 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

8.20 MYR 1.18 MYR Fair Value 5.72 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 1.18 MYR – 8.20 MYR · fair‑value band 4.29 MYR – 8.39 MYR · the 8.05 MYR price screens above the 5.72 MYR fair value. Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

Sunway Construction Group (5263) currently trades at 8.05 MYR, while our model-based Fair Value estimate is 5.72 MYR, implying the stock looks roughly 28.9% overvalued today. The Quality Score stands at 70/100 (solid quality), in the Industrials 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, Sunway Construction Group generated revenue of 5.0B MYR at a net margin of 8.2%. Revenue declined 27.0% year over year. It earns a return on equity of 45.4%. The balance sheet holds a net cash position of 1.7B MYR. Fundamentals as of Jul 20, 2026

Our scenario range runs from 4.29 MYR (bear case) to 8.39 MYR (bull case); at 8.05 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 near its 52-week high and 78% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -29%, 5263 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 BearBaseBull Evidence
Highest evidence
Growth DCF 17.75 MYR 33.22 MYR 60.85 MYR 80
Residual Income 1.58 MYR 1.88 MYR 6.65 MYR 76
Rev-Margin DCF 8.89 MYR 13.44 MYR 20.02 MYR 74
All 26 models by family
DCF Models
FCF DCF 18.46 MYR 30.41 MYR 62.12 MYR 38
Owner Earnings 5.03 MYR 9.18 MYR 17.32 MYR 31
5Y Revenue Exit 8.89 MYR 12.98 MYR 19.51 MYR 39
5Y EBITDA Exit 8.97 MYR 13.17 MYR 19.50 MYR 41
5Y P/E Exit 9.42 MYR 14.66 MYR 20.90 MYR 38
10Y Revenue Exit 11.70 MYR 17.60 MYR 24.56 MYR 36
10Y EBITDA Exit 11.88 MYR 17.75 MYR 26.87 MYR 37
10Y P/E Exit 12.19 MYR 18.54 MYR 28.15 MYR 35
Earnings-Based
Graham-Dodd 1.85 MYR 12.24 MYR 17.14 MYR 54
Lynch FV 3.57 MYR 5.10 MYR 6.63 MYR 50
PEG = 1.0 3.57 MYR 5.10 MYR 6.63 MYR 46
EPV 3.83 MYR 4.21 MYR 4.54 MYR 59
Dividend Discount
Gordon GGM 1.82 MYR 3.62 MYR 5.48 MYR 70
DDM Multi-Stage 1.82 MYR 3.13 MYR 3.82 MYR 61
Multiples
P/E Multiple 4.29 MYR 5.72 MYR 7.15 MYR 63
P/S Multiple 3.47 MYR 4.63 MYR 5.79 MYR 58
P/B Multiple 2.76 MYR 3.68 MYR 4.60 MYR 55
EV/EBIT 5.99 MYR 7.52 MYR 9.05 MYR 53
EV/EBITDA 5.04 MYR 6.25 MYR 7.46 MYR 54
EV/Revenue 4.68 MYR 6.08 MYR 7.49 MYR 43
Asset-Based
NCAV (Graham) 0.4100 MYR 0.5500 MYR 0.8200 MYR 50
Growth DCF
Growth DCF 17.75 MYR 33.22 MYR 60.85 MYR 80
Rev-Margin DCF 8.89 MYR 13.44 MYR 20.02 MYR 74
Economic Profit
Residual Income 1.58 MYR 1.88 MYR 6.65 MYR 76
ROIC Compounder 3.83 MYR 4.21 MYR 4.54 MYR 72
Growth Earnings
Growth-Adj P/E 4.99 MYR 7.13 MYR 9.26 MYR 68

Widest divergence: DCF Models (14.66 MYR) versus Asset-Based (0.5500 MYR). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 5.0B MYR
Revenue growth (YoY) -27.0%
Net margin 8.2%
Return on equity 45.4%
Free cash flow 1.6B MYR FY2025
P/E ratio 22.3
More key figures
Operating margin 13.2%
EPS (TTM) 0.3100 MYR
Dividend yield 4.3%
EPS growth (YoY) +52.4%
Net cash 1.7B MYR FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 72 · Market factors (momentum, volatility) 89

Profitability 61
Margins and returns on capital today
Quality Growth 66
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 76
Balance sheet, leverage, solvency risk
Investment 44
Disciplined investing over empire-building
Low Volatility 84
Calm price path (market factor)
Momentum 86
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 72
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

Sunway Construction Group Berhad operates as a construction company in Malaysia, Singapore, India, Trinidad and Tobago, and the United Arab Emirates. It operates through Construction and Precast Concrete segments.

Full company description

Sunway Construction Group Berhad operates as a construction company in Malaysia, Singapore, India, Trinidad and Tobago, and the United Arab Emirates. It operates through Construction and Precast Concrete segments. The Construction segment provides turnkey, construction related, civil engineering, building works, geotechnical services, and related products, hire of heavy machineries, mechanical and engineering works, sustainable energy, façade engineering and consultancy services and transportation agent. The Precast Concrete segment provides construction engineering and sub-contracting works for precast fabrication; manufacturing and distribution of precast components and building materials. The company was founded in 1981 and is headquartered in Subang Jaya, Malaysia. Sunway Construction Group Berhad is a subsidiary of Sunway Holdings Berhad.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Sunway Construction Group reported revenue of 5.3B MYR in FY2025 versus 1.7B MYR in FY2021, a compound +32.6%/yr. Reported net income was 362M MYR in FY2025, compounding +33.9%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
5.3B MYR
Latest YoY
+51.6%
Avg. growth/yr (3Y)
+35.3%
Avg. growth/yr (5Y)
+28.0%
Avg. growth/yr (13Y)
+10.6%
Revenue +32.6%/yr
FY21 1.7B MYR
FY22 2.2B MYR
FY23 2.7B MYR
FY24 3.5B MYR
FY25 5.3B MYR
Net income +33.9%/yr
FY21 113M MYR
FY22 135M MYR
FY23 145M MYR
FY24 187M MYR
FY25 362M MYR

5263 screens 29% overvalued. Compare with Larsen & Toubro Limited →

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Cite: Fair Value Calculator (2026). "Sunway Construction Group Fair Value". https://www.fairvalue-calculator.com/stock/5263

Peer Group

Engineering & Construction · 837 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 −29% · Below median
Return on equity (TTM) 45% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 8% · Top 25%
Operating margin (TTM) 13% · Top 25%
Revenue growth -27% · Bottom 25%
Dividend yield (TTM) 4.0% · Top 25%
Debt / equity 0.13× · Higher than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 23.9× · Pricier than median
P/B 2.21× · Pricier than median
P/S (TTM) 0.49× · Cheaper than median
P/FCF 1.5× · Cheaper than median
EV/EBITDA 1.1× · Cheaper than 75% of peers
PEG 0.65× · 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 16
FUTURE 0 · sector 18
PAST 100 · sector 26
HEALTH 93 · sector 94
DIVIDEND 80 · sector 33

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is Sunway Construction Group (5263) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 5.72 MYR versus a price of 8.05 MYR, about −29% (overvalued).
What is the fair value of 5263?
Our model-based fair value for Sunway Construction Group is 5.72 MYR (as of Jul 20, 2026), built from audited fundamentals. The current price is 8.05 MYR.
What is the quality score of 5263?
Sunway Construction Group 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 Sunway Construction Group (5263)?
Sunway Construction Group reported trailing-twelve-month revenue of about 5.0B MYR (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 5263?
The net profit margin of Sunway Construction Group is about 8.2%, meaning it keeps roughly 8.2% of revenue as net income. Based on the latest reported figures.
Does Sunway Construction Group pay a dividend?
Sunway Construction Group currently shows a dividend yield of about 4.34% relative to its recent price (as of Jul 20, 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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