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Techbond Group (5289) Fair Value & Analysis

Basic Materials · MY · Market cap 209M MYR

TG Techbond Group 5289 · KLSE
Price0.2750 MYR
Fair Value0.4300 MYR
Upside+56.4%
Quality95/100
Evidence: High Range 0.3400 MYR – 0.5100 MYR

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 5 days ago

Share price −1.8% over the past month.

Price vs Fair Value (12 months)

0.3283 MYR 0.2699 MYR Fair Value 0.4300 MYR Jun 2025 Jun 2026

12‑month range 0.2699 MYR – 0.3283 MYR · fair‑value band 0.3400 MYR – 0.5100 MYR · the 0.2750 MYR price screens below the 0.4300 MYR fair value. As of Jun 24, 2026.

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Analysis

Techbond Group (5289) currently trades at 0.2750 MYR, while our model-based Fair Value estimate is 0.4300 MYR — implying the stock looks roughly 56.4% undervalued today. We read business quality at 95/100 (high quality), in the Basic Materials 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, Techbond Group generated revenue of 130M MYR at a net margin of 12.8%. Revenue declined 18.2% year over year. It earns a return on equity of 6.3%. The balance sheet holds a net cash position of 105M MYR. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 130M MYR
Revenue growth (YoY) -18.2%
Net margin 12.8%
Return on equity 6.3%
Free cash flow 20.9M MYR FY2025
P/E ratio 13.8
More key figures
Operating margin 10.9%
EPS (TTM) 0.0200 MYR
Dividend yield 2.9%
EPS growth (YoY) -7.8%
Net cash 105M MYR FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Techbond Group Berhad develops, manufactures, and trades in industrial adhesives and sealants in Malaysia, Vietnam, Indonesia, Thailand, China, and internationally. The company offers industrial adhesives, including water-based and hot melt adhesives; and industrial sealants, such as water-based, solvent-based, and modified hybrid sealants. It also provides supporting products and services, including customized industrial adhesives and sealants for original equipment manufacturers, adhesive maintenance products comprising repellents and cleaners, and adhesive blending machines. In addition, the company offers specialty chemicals, such as wood adhesives, formalin, phenolic resins, dry strength resins, microspheres, and specialty resins serving industries that includes aerospace, coating, and wood paneling. Further, it provides adhesives for woodworking, building and construction, automotive, paper and packaging, hygiene and personal care, cigarette, mattress, and bookbinding. The com…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Techbond Group reported revenue of 147M MYR in FY2025 versus 89.8M MYR in FY2021, a compound +13.0%/yr. Reported net income was 15.9M MYR in FY2025, compounding +8.4%/yr from FY2021.

Revenue +13.0%/yr
FY21 89.8M MYR
FY22 85.1M MYR
FY23 109M MYR
FY24 151M MYR
FY25 147M MYR
Net income +8.4%/yr
FY21 11.5M MYR
FY22 11.2M MYR
FY23 11.0M MYR
FY24 16.4M MYR
FY25 15.9M MYR

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Frequently asked questions

Is Techbond Group (5289) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 0.4300 MYR versus a price of 0.2750 MYR — about +56% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 5289?
Our 21-model fair value for Techbond Group is 0.4300 MYR (as of Jun 24, 2026), built from audited fundamentals. The current price is 0.2750 MYR.
What is the quality score of 5289?
Techbond Group has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Techbond Group (5289)?
Techbond Group reported trailing-twelve-month revenue of about 130M MYR (latest available figure, as of Jun 24, 2026).
What is the net profit margin of 5289?
The net profit margin of Techbond Group is about 12.8%, meaning it keeps roughly 12.8% of revenue as net income. Based on the latest reported figures.
Does Techbond Group pay a dividend?
Techbond Group currently shows a dividend yield of about 2.91% relative to its recent price (as of Jun 24, 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.

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