Reach Ten Holdings Berhad (5332) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Reach Ten Holdings Berhad stock MYR 0.23, price MYR 0.32, that is 28.1% below the price, quality 48 out of 100. Rating: overvalued. Calculated from audited financials with 24 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 3, 2026.
How to read this chart
18‑month range 0.3200 MYR – 0.5579 MYR · fair‑value band 0.2000 MYR – 0.3200 MYR · the 0.3200 MYR price screens above the 0.2300 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Reach Ten Holdings Berhad, an investment holding company, provides telecommunications services in Malaysia. It offers a suite of connectivity solutions, including bandwidth, VSAT, private lines, dedicated internet, international connectivity, and data centre solutions to operators and enterprises.
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The company provides satellite-based communication networks and services, such as very small aperture terminal for enterprise, government, mobile backhaul, oil and gas, and maritime sectors; and fibre optic communication networks and services comprising point-to-point leased line services, broadband services for residential and commercial customers, IP and public switched telephone network telephony services, and fibre optic OSP deployment services.
It also offers telecommunications infrastructure and managed services consisting of site preparation process, which includes site selection, technical site survey, and procurement of approvals and permits from the local council and relevant authorities, as well as site acceptance; and site-related operational and support services, such as security of the telecommunications infrastructure, structural maintenance, and power supply to the site, as well as continual submission of permit renewal to relevant authorities.
Reach Ten Holdings Berhad was incorporated in 2005 and is headquartered in Kuching, Malaysia.
Stock analysis
Reach Ten Holdings Berhad (5332) currently trades at 0.3200 MYR, while our model-based Fair Value estimate is 0.2300 MYR, 28% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth Earnings group reads highest at a median of 0.6000 MYR per share, and 8 of the 24 models we run sit above the 0.3200 MYR price.
Bear case: the Dividend Discount group reads lowest at 0.0700 MYR, and 16 of the 24 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.2000 MYR (bear) to 0.3200 MYR (bull), the price of 0.3200 MYR sits inside 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 48/100 (below-average quality), in the Communication Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Reach Ten Holdings Berhad reported revenue of 112M MYR in FY2025 versus 86.0M MYR in FY2021, a compound +6.7%/yr. Reported net income was 35.8M MYR in FY2025, compounding +41.8%/yr from FY2021. FY2021 was a trough year, so the rate overstates the trend.
Key figures
Market cap 320M MYR (≈ $78.9M) Micro · P/E ratio 6.4 · P/S ratio 2.96 · EPS (TTM) 0.0500 MYR · Dividend yield 6.3% · Net margin 41.6% · Return on equity 22.5% · Return on assets (EBIT) 41.8% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 84 out of 100 (low confidence).
What moves the price
The share trades about 36% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 51% fair-value upside, at −28%, 5332 screens richer than that median.
Fair Value models
Bear0.2000 MYRFair Value 0.2300 MYRBull0.3200 MYR
Price 0.3200 MYR · Downside -28.1%
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. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.0257 MYR per share) are deliberately not added.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.36/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−34.7%
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.
−13.9%
’21
’22
’23
’24
’25
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.
+38.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year+32.2%
Dividend (yield on the price)6.3%
Profit margin 2021 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.15% → 40%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far.
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).
+48.9%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Malaysia: IMF forecast 2.0% a year to 2030, 1.8% from 2016 to 2025) that is about +46.0% a year for the price.
Compare Reach Ten Holdings Berhad 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.Telecom Services · 234 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score48 · Below median
Fair Value upside−28.1% · Below median
Profitability
Return on equity (12 months)22.5% · Top 25%
Return on assets14.0% · Top 25%
Net margin (12 months)41.6% · Top 25%
Operating margin (12 months)36.6% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)2.2% · Below median
Dividend yield (12 months)6.3% · Top 25%
Valuation Multiplesvs Telecom Services median · lower = cheaper
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Reach Ten Holdings Berhad Fair Value". https://www.fairvalue-calculator.com/stock/5332
Frequently asked questions
Is Reach Ten Holdings Berhad (5332) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 0.2300 MYR versus a price of 0.3200 MYR, about 28% lower (overvalued).
What is the fair value of 5332?
Our model-based fair value for Reach Ten Holdings Berhad is 0.2300 MYR (as of Nov 3, 2026), built from audited fundamentals. The current price: 0.3200 MYR.
What is the quality score of 5332?
Reach Ten Holdings Berhad has a Quality Score of 48/100. 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 Reach Ten Holdings Berhad (5332)?
Our model-based price target is the fair value of 0.2300 MYR (as of Nov 3, 2026) from 24 valuation models. Cautious scenario 0.2000 MYR, optimistic scenario 0.3200 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Reach Ten Holdings Berhad stock forecast for 2026?
Our models put fair value at 0.2300 MYR, about 28% lower versus a price of 0.3200 MYR (overvalued). Cautious scenario 0.2000 MYR, optimistic scenario 0.3200 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Reach Ten Holdings Berhad (5332)?
Reach Ten Holdings Berhad reported trailing-twelve-month revenue of about 108M MYR (latest available figure, as of Nov 3, 2026).
Does Reach Ten Holdings Berhad pay a dividend?
Reach Ten Holdings Berhad currently shows a dividend yield of 6.25% relative to its recent price (as of Nov 3, 2026).
How much is the dividend of Reach Ten Holdings Berhad (5332) and when is the ex-dividend date?
Reach Ten Holdings Berhad pays a dividend of 0.02 MYR per share a year, a dividend yield of 6.3%. The last ex-dividend date was Jun 26, 2026. The payout ratio is 40.0% of earnings. Free cash flow covers the dividend 0.20 times. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What growth is priced into Reach Ten Holdings Berhad (5332)?
For today's price to be fair in a discounted-cash-flow model, Reach Ten Holdings Berhad would have to grow free cash flow by +48.9 % per year for five years (discount rate 14.1 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +6.7 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of 5332 use?
Our models discount Reach Ten Holdings Berhad at 14.1 %: a base by market capitalisation (micro), 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 Reach Ten Holdings Berhad that is +48.9 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (14.1 %) and the same formula as our fair value.
How much growth has Reach Ten Holdings Berhad (5332) delivered so far?
Over the past 4 years revenue at Reach Ten Holdings Berhad grew +6.7 % a year. The price currently implies free-cash-flow growth of +48.9 % 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 Reach Ten Holdings Berhad (5332) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Reach Ten Holdings Berhad (+48.9 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Reach Ten Holdings Berhad (5332)?
The free-cash-flow yield on the price is 1.22 %: that much free cash flow Reach Ten Holdings Berhad produces per unit of market value. When it exceeds the discount rate of our models (14.1 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Reach Ten Holdings Berhad (5332)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Reach Ten Holdings Berhad it is 0.2300 MYR per share (as of Nov 3, 2026), against a price of 0.3200 MYR. It is the blended result of 24 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is Reach Ten Holdings Berhad stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 5332 trades above its calculated fair value: price 0.3200 MYR, fair value 0.2300 MYR, a gap of about −28% (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 5332?
No. The price is what the market pays today (0.3200 MYR); the fair value is what the company's own numbers justify (0.2300 MYR). For Reach Ten Holdings Berhad the two are 0.0900 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Reach Ten Holdings Berhad worth?
The market values Reach Ten Holdings Berhad at about 320M MYR (market capitalisation, as of Nov 3, 2026). Per share that is 0.3200 MYR; our models calculate a fair value of 0.2300 MYR per share.
What do the bullish and bearish scenarios say about 5332?
Our models span a range for Reach Ten Holdings Berhad: cautious scenario 0.2000 MYR, base 0.2300 MYR, optimistic 0.3200 MYR per share (as of Nov 3, 2026, price 0.3200 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 5332?
Reach Ten Holdings Berhad trades at a price-to-earnings ratio of 6.4 (as of Nov 3, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.2300 MYR is built from several models across several years. Other multiples: P/B 1.5, P/S 3.0, EV/EBITDA 6.6.
How solid is the balance sheet of Reach Ten Holdings Berhad (5332)?
Balance-sheet figures for Reach Ten Holdings Berhad (as of Nov 3, 2026): return on equity 22.5%. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is 5332 from its 52-week high?
Reach Ten Holdings Berhad trades at 0.3200 MYR, about 36% below its 52-week high of 0.5030 MYR and at the low of 0.3200 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 0.2300 MYR is for.
Which stocks are comparable to Reach Ten Holdings Berhad?
From the same area (Communication Services) we also value China Mobile Limited, Verizon Communications Inc, T-Mobile US, Inc, AT&T Inc, 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 Reach Ten Holdings Berhad stock attractive at the current price?
The data as of Nov 3, 2026: price 0.3200 MYR, calculated fair value 0.2300 MYR (−28%), Quality Score 48/100, from 24 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 5332 calculated?
We run Reach Ten Holdings Berhad through 24 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 0.2300 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 13.3% above its aggregate fair value. Reach Ten Holdings Berhad 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 Reach Ten Holdings Berhad (5332)?
The closing price on Nov 6, 2026 was 0.3200 MYR. Our model-based fair value is 0.2300 MYR, about 28% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Reach Ten Holdings Berhad right now?
Weak quality (48/100) and above fair value at the same time, the margin of safety is missing on both counts. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of Reach Ten Holdings Berhad
How large is the market capitalisation of Reach Ten Holdings Berhad (5332)?
The market capitalisation of Reach Ten Holdings Berhad is 320M MYR (≈ $78.9M). 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 Reach Ten Holdings Berhad (5332)?
The price-to-sales ratio of Reach Ten Holdings Berhad is 2.96 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Reach Ten Holdings Berhad (5332)?
Earnings per share at Reach Ten Holdings Berhad are 0.0500 MYR (price ÷ EPS = P/E 6.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Reach Ten Holdings Berhad (5332)?
The dividend yield of Reach Ten Holdings Berhad is 6.3% (payout 40.0%). 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 Reach Ten Holdings Berhad (5332)?
The net margin of Reach Ten Holdings Berhad is 41.6% (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 Reach Ten Holdings Berhad (5332)?
The return on equity (ROE) of Reach Ten Holdings Berhad is 22.5% (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 Reach Ten Holdings Berhad (5332)?
On an EBIT basis the return on assets of Reach Ten Holdings Berhad is 41.8% (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 Reach Ten Holdings Berhad (5332)?
The operating margin of Reach Ten Holdings Berhad is 36.6% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Reach Ten Holdings Berhad (5332)?
Revenue at Reach Ten Holdings Berhad is growing +2.2% versus a year earlier (3y avg −13.9%). 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 Reach Ten Holdings Berhad (5332)?
Earnings per share at Reach Ten Holdings Berhad are growing +97.6% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Reach Ten Holdings Berhad (5332) carry?
The net debt of Reach Ten Holdings Berhad is 2.1M MYR (fiscal year 2022, ≈ 0.5 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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Thin data
Nov 3, 2026