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Well Chip Group (5325) Fair Value & Analysis

Consumer Cyclical · MY · Market cap 642M MYR

WC Well Chip Group 5325 · KLSE
Price1.05 MYR
Fair Value2.42 MYR
Upside+130.5%
Quality53/100
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Expensive Growth
Highly profitable · 33.6% net margin
Low debt · negative free cash flow
4.77% dividend yield
Ranks above peers (13/13)
Wide moat 79/100
Evidence: High Range 1.27 MYR – 3.05 MYR Share as image

Fair value as of: Jul 12, 2026

From 17 valuation models · updated 29 days ago

Share price −1.9% over the past month.

A solid business, screening 130% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (1.27 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (53/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (1.27 MYR to 3.05 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (2 years)

1.67 MYR 0.8735 MYR Fair Value 2.42 MYR Jul 2024 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

25‑month range 0.8735 MYR – 1.67 MYR · fair‑value band 1.27 MYR – 3.05 MYR · the 1.05 MYR price screens below the 2.42 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

Well Chip Group (5325) currently trades at 1.05 MYR, while our model-based Fair Value estimate is 2.42 MYR, implying the stock looks roughly 130.5% undervalued today. The Quality Score stands at 53/100 (solid quality), in the Consumer Cyclical 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, Well Chip Group generated revenue of 286M MYR at a net margin of 33.6%. Revenue grew 26.8% year over year. It earns a return on equity of 20.2%. Net debt stands at 380M MYR. Fundamentals as of Jul 12, 2026

Our scenario range runs from 1.27 MYR (bear case) to 3.05 MYR (bull case); at 1.05 MYR, the current price sits below 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 41% below its 52-week high, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -41% fair-value upside, at 130%, 5325 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 0.8200 MYR 1.09 MYR 3.05 MYR 76
ROIC Compounder 1.51 MYR 2.09 MYR 2.66 MYR 72
Gordon GGM 0.3100 MYR 0.5600 MYR 0.7700 MYR 70
All 17 models by family
DCF Models
Owner Earnings 1.75 MYR 3.60 MYR 7.04 MYR 31
Earnings-Based
Graham-Dodd 0.9800 MYR 6.81 MYR 9.56 MYR 54
Lynch FV 2.13 MYR 3.05 MYR 3.96 MYR 50
PEG = 1.0 2.13 MYR 3.05 MYR 3.96 MYR 46
EPV 1.27 MYR 1.44 MYR 1.58 MYR 59
Dividend Discount
Gordon GGM 0.3100 MYR 0.5600 MYR 0.7700 MYR 70
DDM Multi-Stage 0.3100 MYR 0.5100 MYR 0.6000 MYR 61
Multiples
P/E Multiple 2.15 MYR 2.87 MYR 3.59 MYR 63
P/S Multiple 0.8400 MYR 1.13 MYR 1.41 MYR 58
P/B Multiple 1.81 MYR 2.42 MYR 3.02 MYR 55
EV/EBIT 2.69 MYR 3.58 MYR 4.47 MYR 53
EV/EBITDA 2.02 MYR 2.69 MYR 3.36 MYR 54
EV/Revenue 0.8100 MYR 1.15 MYR 1.48 MYR 43
Asset-Based
NCAV (Graham) 0.4000 MYR 0.5400 MYR 0.8100 MYR 50
Economic Profit
Residual Income 0.8200 MYR 1.09 MYR 3.05 MYR 76
ROIC Compounder 1.51 MYR 2.09 MYR 2.66 MYR 72
Growth Earnings
Growth-Adj P/E 2.81 MYR 4.02 MYR 5.22 MYR 68

Widest divergence: Growth Earnings (4.02 MYR) versus Dividend Discount (0.5100 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 286M MYR
Revenue growth (YoY) +26.8%
Net margin 33.6%
Return on equity 20.2%
Free cash flow −175M MYR FY2025
P/E ratio 6.7
More key figures
Operating margin 50.4%
EPS (TTM) 0.1600 MYR
Dividend yield 4.8%
EPS growth (YoY) +55.9%
Net debt 380M MYR FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 48 · Market factors (momentum, volatility) 26

Profitability 53
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 31
Disciplined investing over empire-building
Low Volatility 56
Calm price path (market factor)
Momentum 14
Price trend over the last 3–12 months (market factor)
52W Momentum 12
Distance to the 52-week high (market factor)
Net Issuance 82
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

Well Chip Group Berhad, an investment holding company, engages in the provision of pawnbroking services in Malaysia. It operates in two segments, Pawnbroking Services; and Retail Trading of Jewellery and Gold. The company offers pawn loans in exchange for pledges, including gold, jewelry, and watches.

Full company description

Well Chip Group Berhad, an investment holding company, engages in the provision of pawnbroking services in Malaysia. It operates in two segments, Pawnbroking Services; and Retail Trading of Jewellery and Gold. The company offers pawn loans in exchange for pledges, including gold, jewelry, and watches. It is also involved in the retail sale of new and pre-owned jewelry and gold; and sale of scrap gold acquired from unredeemed and bid pledges, and pre-owned jewelry and gold from walk-in individuals. The company provides its services through retail outlets; website; e-commerce platforms, such as Shopee, Lazada, and Facebook live; and scrap gold traders. The company was formerly known as Well Chip Group Sdn. Bhd. and changed its name to Well Chip Group Berhad in November 2023. The company was founded in 2006 and is headquartered in Johor Bahru, Malaysia. Well Chip Group Berhad is a subsidiary of Vyn Holdings Sdn. Bhd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Well Chip Group reported revenue of 270M MYR in FY2025 versus 102M MYR in FY2021, a compound +27.6%/yr. Reported net income was 86.1M MYR in FY2025, compounding +37.7%/yr from FY2021.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
270M MYR
Latest YoY
+21.6%
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.
+19.6%
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.
+17.3%
Revenue +27.6%/yr
FY21 102M MYR
FY22 158M MYR
FY23 204M MYR
FY24 222M MYR
FY25 270M MYR
Net income +37.7%/yr
FY21 24.0M MYR
FY22 26.4M MYR
FY23 36.4M MYR
FY24 50.0M MYR
FY25 86.1M MYR

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Cite: Fair Value Calculator (2026). "Well Chip Group Fair Value". https://www.fairvalue-calculator.com/stock/5325

Peer Group

Luxury Goods · 130 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 53 · Above median
Fair Value upside +131% · Top 25%
Return on equity (TTM) 20% · Top 25%
Return on assets 10% · Top 25%
Net margin (TTM) 34% · Top 25%
Operating margin (TTM) 50% · Top 25%
Revenue growth 27% · Above median
Dividend yield (TTM) 4.8% · Top 25%
Debt / equity 0.01× · Lower than median

Valuation Multiples vs Luxury Goods median · lower = cheaper

P/E (TTM) 6.7× · Cheaper than 75% of peers
P/B 0.33× · Cheaper than 75% of peers
P/S (TTM) 0.55× · Cheaper than median
EV/EBITDA 1.1× · 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 100 · sector 15
FUTURE 100 · sector 50
PAST 81 · sector 38
HEALTH 100 · sector 99
DIVIDEND 95 · sector 39

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 Luxury Goods stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Compagnie Financière Richemont SA CFR CHF 197.40 CHF 117.30 -41%
Christian Dior SE DIO €455.40 €502.30 +10%
Kering SA KER €248.50 €60.61 -76%
Tapestry, Inc TPR $140.73 $19.95 -86%
Chow Tai Fook Jewellery Group 1929 HK$11.82 HK$12.28 +4%
The Swatch Group UHRN CHF 40.95 CHF 21.48 -48%
Prada S.p.A 1913 HK$43.26 HK$64.05 +48%
Pandora A/S PNDORA kr 779.40 kr 1,424 +83%
Brunello Cucinelli S.p.A BC €80.32 €42.69 -47%
Kalyan Jewellers India Limited KALYANKJIL ₹546.60 ₹238.57 -56%

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Frequently asked questions

Is Well Chip Group (5325) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 2.42 MYR versus a price of 1.05 MYR, about +130% (undervalued).
What is the fair value of 5325?
Our model-based fair value for Well Chip Group is 2.42 MYR (as of Jul 12, 2026), built from audited fundamentals. The current price is 1.05 MYR.
What is the quality score of 5325?
Well Chip Group has a Quality Score of 53/100. 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 Well Chip Group (5325)?
Well Chip Group reported trailing-twelve-month revenue of about 286M MYR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 5325?
The net profit margin of Well Chip Group is about 33.6%, meaning it keeps roughly 33.6% of revenue as net income. Based on the latest reported figures.
Does Well Chip Group pay a dividend?
Well Chip Group currently shows a dividend yield of about 3.89% relative to its recent price (as of Jul 12, 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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