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Cape EMS Berhad, an investment holding company, (5311) Fair Value & Analysis

Technology · MY · Market cap 258M MYR

CE Cape EMS Berhad, an investment holding company, 5311 · KLSE
Price0.2750 MYR
Fair Value0.3100 MYR
Upside+12.7%
Quality29/100
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Expensive Growth
Loss-making · -1.9% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/10)
Narrow moat 23/100
Evidence: High Range 0.2300 MYR – 0.3900 MYR Share as image

Fair value as of: Jul 17, 2026

From 17 valuation models · updated 24 days ago

Share price +1.9% over the past month.

Below-average quality, screening 13% undervalued on our models.

What matters now

  • Our model range runs from 0.2300 MYR (bear) to 0.3900 MYR (bull), base 0.3100 MYR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 29/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (3 years)

1.48 MYR 0.2150 MYR Fair Value 0.3100 MYR Mar 2023 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

41‑month range 0.2150 MYR – 1.48 MYR · fair‑value band 0.2300 MYR – 0.3900 MYR · the 0.2750 MYR price screens below the 0.3100 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

Cape EMS Berhad, an investment holding company, (5311) currently trades at 0.2750 MYR, while our model-based Fair Value estimate is 0.3100 MYR, implying the stock looks roughly 12.7% undervalued today. The Quality Score stands at 29/100 (below-average quality), in the Technology 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, Cape EMS Berhad, an investment holding company, generated revenue of 677M MYR at a net margin of -1.9%. Revenue grew 48.8% year over year. It earns a return on equity of -10.2%. Net debt stands at 179M MYR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 0.2300 MYR (bear case) to 0.3900 MYR (bull case); at 0.2750 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 21% below its 52-week high and 25% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at 13%, 5311 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
Residual Income 0.3000 MYR 0.2900 MYR 0.2300 MYR 76
ROIC Compounder 0.0800 MYR 0.0900 MYR 0.1100 MYR 72
Gordon GGM 0.0400 MYR 0.0600 MYR 0.0800 MYR 70
All 17 models by family
DCF Models
Owner Earnings 0.0400 MYR 0.0900 MYR 0.1500 MYR 31
Earnings-Based
Graham-Dodd 0.1200 MYR 0.5200 MYR 0.7100 MYR 54
Lynch FV 0.1300 MYR 0.1900 MYR 0.2500 MYR 50
PEG = 1.0 0.1300 MYR 0.1900 MYR 0.2500 MYR 46
EPV 0.0800 MYR 0.0900 MYR 0.1100 MYR 59
Dividend Discount
Gordon GGM 0.0400 MYR 0.0600 MYR 0.0800 MYR 70
DDM Multi-Stage 0.0400 MYR 0.0600 MYR 0.0700 MYR 61
Multiples
P/E Multiple 0.2700 MYR 0.3600 MYR 0.4500 MYR 63
P/S Multiple 0.2300 MYR 0.3100 MYR 0.3900 MYR 58
P/B Multiple 0.2300 MYR 0.3100 MYR 0.3900 MYR 55
EV/EBIT 0.2200 MYR 0.3100 MYR 0.4000 MYR 53
EV/EBITDA 0.2900 MYR 0.4000 MYR 0.5200 MYR 54
EV/Revenue 0.1300 MYR 0.2100 MYR 0.2900 MYR 43
Asset-Based
NCAV (Graham) 0.2300 MYR 0.3000 MYR 0.4500 MYR 50
Economic Profit
Residual Income 0.3000 MYR 0.2900 MYR 0.2300 MYR 76
ROIC Compounder 0.0800 MYR 0.0900 MYR 0.1100 MYR 72
Growth Earnings
Growth-Adj P/E 0.2200 MYR 0.3100 MYR 0.4000 MYR 68

Widest divergence: Multiples (0.3100 MYR) versus Dividend Discount (0.0600 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 677M MYR
Revenue growth (YoY) +48.8%
Net margin -1.9%
Return on equity -10.2%
Free cash flow −75.7M MYR FY2025
Operating margin 7.2%
More key figures
EPS (TTM) -0.0600 MYR
EPS growth (YoY) +21.4%
Net debt 179M MYR FY2025

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

Quality Score breakdown

Overall quality 29/100

Of which business quality 31 · Market factors (momentum, volatility) 43

Profitability 25
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 31
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 25
Distance to the 52-week high (market factor)
Net Issuance 40
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

Cape EMS Berhad, an investment holding company, provides electronics manufacturing services (EMS) other related supporting goods and services in Asia, the United States, and Europe.

Full company description

Cape EMS Berhad, an investment holding company, provides electronics manufacturing services (EMS) other related supporting goods and services in Asia, the United States, and Europe. The company offers various contract manufacturing and other services to wireless communication devices, smart utility data collection, LED lighting, Pos terminal, EV charger, life science equipment, household appliances, and electronic cigarettes industries. It also provides high pressure, die casting, precision machining, secondary process, and assembly services. In addition, the company is involved in the aluminum die cast and electronics manufacturing services; supply of electronic products and related activities; selling and distribution of electrical vehicles and related accessories and infrastructures; and designing, engineering, procurement for electro-mechanical components and assembled products. Further, it engages in Research and development of mechanical equipment and hardware products; trading of electronic, plastic and hardware products; import and export of goods or technology; supply chain management; business management and information consulting; and operating as a purchasing agency, as well as provision of professional design and technical services. The company was formerly known as EMS Manufacturing (M) Berhad. Cape. EMS Berhad was incorporated in 1999 and is headquartered in Senai, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Cape EMS Berhad, an investment holding company, reported revenue of 350M MYR in FY2025 versus 344M MYR in FY2021, a compound +0.4%/yr. Reported net income was 18.0M MYR in FY2025, compounding −9.0%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
350M MYR
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.
+17.0%
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.
+66.5%
Revenue +0.4%/yr
FY21 344M MYR
FY22 438M MYR
FY23 549M MYR
FY24 552M MYR
FY25 350M MYR
Net income −9.0%/yr
FY21 26.3M MYR
FY22 33.5M MYR
FY23 44.4M MYR
FY24 −45.7M MYR
FY25 18.0M MYR

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Cite: Fair Value Calculator (2026). "Cape EMS Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/5311

Peer Group

Electronic Components · 625 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 29 · Bottom 25%
Fair Value upside +13% · Top 25%
Return on assets 1% · Below median
Net margin (TTM) -2% · Bottom 25%
Operating margin (TTM) 7% · Above median
Revenue growth 49% · Top 25%
Debt / equity 0.20× · Higher than median

Valuation Multiples vs Electronic Components median · lower = cheaper

P/B 0.14× · Cheaper than 75% of peers
P/S (TTM) 0.09× · Cheaper than 75% of peers

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 50 · sector 0
FUTURE 100 · sector 32
PAST 0 · sector 24
HEALTH 90 · sector 95
DIVIDEND 0 · sector 25

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is Cape EMS Berhad, an investment holding company, (5311) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 0.3100 MYR versus a price of 0.2750 MYR, about +13% (undervalued).
What is the fair value of 5311?
Our model-based fair value for Cape EMS Berhad, an investment holding company, is 0.3100 MYR (as of Jul 17, 2026), built from audited fundamentals. The current price is 0.2750 MYR.
What is the quality score of 5311?
Cape EMS Berhad, an investment holding company, has a Quality Score of 29/100. 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 Cape EMS Berhad, an investment holding company, (5311)?
Cape EMS Berhad, an investment holding company, reported trailing-twelve-month revenue of about 677M MYR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 5311?
The net profit margin of Cape EMS Berhad, an investment holding company, is about -1.9%, meaning it is currently running at a net loss. 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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