Malakoff Corporation Bhd (5264) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Malakoff Corporation Bhd stock MYR 0.35, price MYR 0.80, that is 56.3% below the price, quality 47 out of 100. Rating: strongly overvalued. Calculated from audited financials with 22 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range 0.4637 MYR – 1.10 MYR · fair‑value band 0.2700 MYR – 0.4900 MYR · the 0.8000 MYR price screens above the 0.3500 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Malakoff Corporation Berhad, an investment holding company, operates as an energy and environmental solution company in Malaysia. It operates through Power Generation, and Waste Management and Environmental Services segments.
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The company engages in the design, construction, operation, financing, and maintenance of a combined cycle power plant, generation and sale of electrical energy, and generating capacity of the power plant; design, engineering, administer, procurement, construction, installation and commissioning, testing, operation, and maintenance of coal-fired electricity generating facility, and water desalination plant; and land reclamation, and development and/or sale of reclaimed land.
It also builds, owns, and operates an electricity distribution system and a centralized chilled water plant system; develops, operates, and maintains solar photovoltaic projects; and provides engineering and project management services, as well as operation and maintenance, repair, overhaul, and other related services to power plants and other utility plants.
In addition, the company engages in the asset, property, investment, and intellectual property businesses; and developing, financing, constructing, operating, and maintaining rooftop solar, hydropower, biogas, and renewable energy projects.
Further, it provides integrated solid waste collection and public cleansing management; recycling and integrated facility management services; and operates as an independent power producer to supply electricity to Tenaga Nasional Berhad.
The company was incorporated in 1975 and is based in Kuala Lumpur, Malaysia.
Stock analysis
Malakoff Corporation Bhd (5264) currently trades at 0.8000 MYR, while our model-based Fair Value estimate is 0.3500 MYR, 56% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 0.8350 MYR per share, and 6 of the 21 models we run sit above the 0.8000 MYR price.
Bear case: the Earnings-Based group reads lowest at 0.2200 MYR, and 15 of the 21 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.2700 MYR (bear) to 0.4900 MYR (bull), the price of 0.8000 MYR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Utilities sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Malakoff Corporation Bhd reported revenue of 7.2B MYR in FY2025 versus 6.5B MYR in FY2021, a compound +2.8%/yr. Reported net income was 96.1M MYR in FY2025, compounding −22.1%/yr from FY2021.
Key figures
Market cap 3.9B MYR (≈ $964M) Small · P/E ratio 80.0 · P/S ratio 1.07 · Dividend yield 1.1% · Net margin 0.8% · Return on equity 1.4% · Return on assets (EBIT) 3.8% (5-year average) · Operating margin 5.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 24 out of 100 (medium confidence).
What moves the price
The share trades about 20% below its 52-week high and 11% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Utilities peers we cover trades at −47% fair-value upside, at −56%, 5264 screens richer than that median.
Fair Value models
Bear0.2700 MYRFair Value 0.3500 MYRBull0.4900 MYR
Price 0.8000 MYR · Downside -56.3%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−19.6%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−11.4%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.8%
Start year 2020 (pandemic). Over 10 years: +3.1% a year
Revenue growth 18 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.6%
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What shareholders gained per year (last 5 years), in MYR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−18.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−19.6%
Dividend (yield on the price)1.1%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−19.6% vs −13.7%, slowing
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.19% → 6%
Pace: the 5-year rate starts in 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes about as much growth as the company has delivered so far and less than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+3.8%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+10.4%
Yearly sales growth analysts expect, extended to five years.
After inflation (Malaysia: IMF forecast 2.0% a year to 2030, 1.8% from 2016 to 2025) that is about +1.8% a year for the price and +8.3% for the forecasts.
Compare Malakoff Corporation Bhd with another stock
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Utilities - Diversified · 49 stocks
Beats the industry median on 6/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score47 · Above median
Fair Value upside−56.3% · Bottom 25%
Profitability
Return on equity (12 months)1.4% · Bottom 25%
Return on assets0.7% · Bottom 25%
Net margin (12 months)1.1% · Bottom 25%
Operating margin (12 months)5.8% · Below median
Growth and dividend
Revenue growth (quarter YoY)−5.4% · Bottom 25%
Dividend yield (12 months)1.1% · Bottom 25%
Balance sheet
Debt / equity1.51× · Above median
Valuation Multiplesvs Utilities - Diversified median · lower = cheaper
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Cite: Fair Value Calculator (2026). "Malakoff Corporation Bhd Fair Value". https://www.fairvalue-calculator.com/stock/5264
Frequently asked questions
Is Malakoff Corporation Bhd (5264) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of 0.3500 MYR versus a price of 0.8000 MYR, about 56% lower (overvalued).
What is the fair value of 5264?
Our model-based fair value for Malakoff Corporation Bhd is 0.3500 MYR (as of Nov 8, 2026), built from audited fundamentals. The current price: 0.8000 MYR.
What is the quality score of 5264?
Malakoff Corporation Bhd has a Quality Score of 47/100. 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 price target for Malakoff Corporation Bhd (5264)?
Our model-based price target is the fair value of 0.3500 MYR (as of Nov 8, 2026) from 22 valuation models. Cautious scenario 0.2700 MYR, optimistic scenario 0.4900 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Malakoff Corporation Bhd stock forecast for 2026?
Our models put fair value at 0.3500 MYR, about 56% lower versus a price of 0.8000 MYR (overvalued). Cautious scenario 0.2700 MYR, optimistic scenario 0.4900 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Malakoff Corporation Bhd (5264)?
Malakoff Corporation Bhd reported trailing-twelve-month revenue of about 6.4B MYR (latest available figure, as of Nov 8, 2026).
Does Malakoff Corporation Bhd pay a dividend?
Malakoff Corporation Bhd currently shows a dividend yield of 1.13% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Malakoff Corporation Bhd (5264) and when is the ex-dividend date?
Malakoff Corporation Bhd pays a dividend of 0.009 MYR per share a year, a dividend yield of 1.1%. The last ex-dividend date was Apr 30, 2026. A dividend has been paid every year since at least 2015. The payout ratio is 107% of earnings (on adjusted earnings, reported 45.8%). Free cash flow covers the dividend 16.91 times. Our assessment: Sustainable. Payout and cash coverage both look sustainable.
What growth is priced into Malakoff Corporation Bhd (5264)?
For today's price to be fair in a discounted-cash-flow model, Malakoff Corporation Bhd would have to grow free cash flow by +3.8 % per year for five years (discount rate 11.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.8 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of 5264 use?
Our models discount Malakoff Corporation Bhd at 11.1 %: a base by market capitalisation (small), damped by beta 0.49, country premium for Malaysia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Malakoff Corporation Bhd that is +3.8 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.1 %) and the same formula as our fair value.
How much growth has Malakoff Corporation Bhd (5264) delivered so far?
Over the past 5 years revenue at Malakoff Corporation Bhd grew +2.8 % a year. The price currently implies free-cash-flow growth of +3.8 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Malakoff Corporation Bhd (5264) growing?
The median revenue growth in the sector is +4.5 % a year. That is the yardstick for the growth priced into Malakoff Corporation Bhd (+3.8 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Malakoff Corporation Bhd (5264)?
The free-cash-flow yield on the price is 19.02 %: that much free cash flow Malakoff Corporation Bhd produces per unit of market value. When it exceeds the discount rate of our models (11.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Malakoff Corporation Bhd (5264)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Malakoff Corporation Bhd it is 0.3500 MYR per share (as of Nov 8, 2026), against a price of 0.8000 MYR. It is the blended result of 22 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Malakoff Corporation Bhd stock overvalued or undervalued in 2026?
As of Nov 8, 2026, 5264 trades above its calculated fair value: price 0.8000 MYR, fair value 0.3500 MYR, a gap of about −56% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 5264?
No. The price is what the market pays today (0.8000 MYR); the fair value is what the company's own numbers justify (0.3500 MYR). For Malakoff Corporation Bhd the two are 0.4500 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Malakoff Corporation Bhd worth?
The market values Malakoff Corporation Bhd at about 3.9B MYR (market capitalisation, as of Nov 8, 2026). Per share that is 0.8000 MYR; our models calculate a fair value of 0.3500 MYR per share.
What do the bullish and bearish scenarios say about 5264?
Our models span a range for Malakoff Corporation Bhd: cautious scenario 0.2700 MYR, base 0.3500 MYR, optimistic 0.4900 MYR per share (as of Nov 8, 2026, price 0.8000 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 5264?
Malakoff Corporation Bhd trades at a price-to-earnings ratio of 80.0 (as of Nov 8, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.3500 MYR is built from several models across several years. Excluding one-off items of fiscal year 2025 it is 95.2 (reported for FY2025: 40.6). Median P/E at fiscal year-end, 9 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 15.3. Other multiples: PEG 0.4, P/B 0.9, P/S 0.8, EV/EBITDA 8.2.
What is the PEG ratio of 5264?
The PEG ratio of Malakoff Corporation Bhd is 0.42 (P/E divided by earnings growth, as of Nov 8, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Malakoff Corporation Bhd (5264)?
Balance-sheet figures for Malakoff Corporation Bhd (as of Nov 8, 2026): return on equity 1.4%, debt of 1.51 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is 5264 from its 52-week high?
Malakoff Corporation Bhd trades at 0.8000 MYR, about 20% below its 52-week high of 0.9998 MYR and 11% above the low of 0.7227 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 0.3500 MYR is for.
Which stocks are comparable to Malakoff Corporation Bhd?
From the same area (Utilities) we also value Iberdrola, S.A, Enel SpA, Engie SA, E.ON SE, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Malakoff Corporation Bhd stock attractive at the current price?
The data as of Nov 8, 2026: price 0.8000 MYR, calculated fair value 0.3500 MYR (−56%), Quality Score 47/100, from 22 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 5264 calculated?
We run Malakoff Corporation Bhd through 22 models from 8 families: DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings. Every model gets the same audited fundamentals; the fair value of 0.3500 MYR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.0% above its aggregate fair value. Malakoff Corporation Bhd itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Malakoff Corporation Bhd (5264)?
The closing price on Nov 6, 2026 was 0.8000 MYR. Our model-based fair value is 0.3500 MYR, about 56% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Malakoff Corporation Bhd right now?
The price sits above even our optimistic bull case (0.4900 MYR). The favourable scenario is already priced in. Weak quality (47/100) and above fair value at the same time, the margin of safety is missing on both counts. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (0.2700 MYR to 0.4900 MYR) leaves room in how you read the outcome.
Where does the earnings growth of Malakoff Corporation Bhd (5264) come from?
Earnings per share at Malakoff Corporation Bhd grew −8.2 % a year from 2014 to 2025. Broken into its drivers: revenue per share +3.0 %, EBIT margin −11.2 %, tax rate +0.1 %, residual (interest, one-offs) +0.2 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Malakoff Corporation Bhd
How large is the market capitalisation of Malakoff Corporation Bhd (5264)?
The market capitalisation of Malakoff Corporation Bhd is 3.9B MYR (≈ $964M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Malakoff Corporation Bhd (5264)?
The price-to-sales ratio of Malakoff Corporation Bhd is 1.07 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What is the dividend yield of Malakoff Corporation Bhd (5264)?
The dividend yield of Malakoff Corporation Bhd is 1.1% (payout 107%, on adjusted earnings, reported 45.8%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Malakoff Corporation Bhd (5264)?
The net margin of Malakoff Corporation Bhd is 0.8% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Malakoff Corporation Bhd (5264)?
The return on equity (ROE) of Malakoff Corporation Bhd is 1.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Malakoff Corporation Bhd (5264)?
On an EBIT basis the return on assets of Malakoff Corporation Bhd is 3.8% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Malakoff Corporation Bhd (5264)?
The operating margin of Malakoff Corporation Bhd is 5.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Malakoff Corporation Bhd (5264)?
Revenue at Malakoff Corporation Bhd is growing −5.4% versus a year earlier (3y avg −11.4%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Malakoff Corporation Bhd (5264)?
Earnings per share at Malakoff Corporation Bhd are growing −49.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Malakoff Corporation Bhd (5264) carry?
The net debt of Malakoff Corporation Bhd is 6.8B MYR (fiscal year 2025, ≈ 9.1 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Nov 8, 2026