SkyeChip Berhad (5357) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of SkyeChip Berhad stock MYR 1.26, price MYR 2.42, that is 47.9% below the price, quality 66 out of 100. Rating: strongly overvalued. Calculated from audited financials with 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 5, 2026.
How to read this chart
6‑month range 2.21 MYR – 3.36 MYR · fair‑value band 0.6400 MYR – 1.56 MYR · the 2.42 MYR price screens above the 1.26 MYR fair value. As of Nov 5, 2026.
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SkyeChip Berhad designs and manufactures integrated circuits in silicon intellectual property (IP) products in Malaysia, Singapore, China, Taiwan, Hong Kong, and Vietnam.
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Its silicon IP products include standard silicon IP, such as memory interface IP to manage data communications between the computing core and memory; network-on-chip IP that serves as the communication pathway connecting multiple components within a SoC; and D2D interface IP to facilitate high-speed communication between different functional blocks.
The company also offers custom silicon IPs, including multi-interface protocol IPs that support different standards and communication protocols, such as DDR, LPDDR, MIPI, LVDS and multi-standard I/O interfaces.
In addition, it engages in the design and development of silicon products, such as custom application-specific integrated circuit products that provide IP protection; other silicon products, including RISC-V SoC processor cores integrated with various silicon IPs, as well as design of memory test systems.
The company serves fabless IC companies and IC design service providers. SkyeChip Berhad was incorporated in 2019 and is based in Bayan Baru, Malaysia.
Stock analysis
SkyeChip Berhad (5357) currently trades at 2.42 MYR, while our model-based Fair Value estimate is 1.26 MYR, 48% 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 1.12 MYR per share, and 0 of the 26 models we run sit above the 2.42 MYR price.
Bear case: the Economic Profit group reads lowest at 0.2450 MYR, and 26 of the 26 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.6400 MYR (bear) to 1.56 MYR (bull), the price of 2.42 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 66/100 (solid quality), in the Technology sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
SkyeChip Berhad reported revenue of 155M MYR in FY2026 versus 89.4M MYR in FY2022, a compound +14.8%/yr. Reported net income was 48.5M MYR in FY2026, compounding +11.8%/yr from FY2022.
Key figures
Market cap 4.4B MYR (≈ $1.1B) Small · P/E ratio 80.7 · P/S ratio 28.6 · EPS (TTM) 0.0300 MYR · Dividend yield 0.3% · Net margin 31.3% · Return on equity 30.1% · Return on assets (EBIT) 28.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 91 out of 100 (low confidence).
What moves the price
For context, the median of 10 Technology peers we cover trades at −7% fair-value upside, at −48%, 5357 screens richer than that median.
Fair Value models
The price assumes far more growth than our models allow for, so the models scatter widely (0.0700 MYR to 1.28 MYR). Read the Fair Value as a cautious anchor, not a price target; the Growth Forecast section shows what the price assumes.
Bear0.6400 MYRFair Value 1.26 MYRBull1.56 MYR
Price 2.42 MYR · Downside -47.9%
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 2026 figures (about 7 months old). Earnings retained since then (0.0182 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.62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
+29.7%
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.
+39.5%
’22
’23
’24
’25
’26
What shareholders gained per year (last 3 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 3 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.
+16.2%
Earnings growth per share plus dividend.
Earnings per share, growth per year+15.9%
Dividend (yield on the price)0.3%
Profit margin 2022 to 2026 ⓘ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.37% → 31%
Growth Forecast
A lot of optimism in the price
The price assumes more growth than the company has delivered so far and more 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).
+61.7%
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.
+20.1%
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 +58.6% a year for the price and +17.8% for the forecasts.
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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.Semiconductors · 370 stocks
Beats the industry median on 5/13 measures
Overall it trails its industry peers.
Valuation
Quality Score66 · Top 25%
Fair Value upside−47.9% · Below median
Profitability
Return on equity (12 months)30.1% · Top 25%
Return on assets21.2% · Top 25%
Net margin (12 months)31.3% · Top 25%
Operating margin (12 months)33.2% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)0.0% · Bottom 25%
Dividend yield (12 months)0.3% · Bottom 25%
Valuation Multiplesvs Semiconductors 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). "SkyeChip Berhad Fair Value". https://www.fairvalue-calculator.com/stock/5357
Frequently asked questions
Is SkyeChip Berhad (5357) overvalued or undervalued?
As of Nov 5, 2026, our model estimates a fair value of 1.26 MYR versus a price of 2.42 MYR, about 48% lower (overvalued).
What is the fair value of 5357?
Our model-based fair value for SkyeChip Berhad is 1.26 MYR (as of Nov 5, 2026), built from audited fundamentals. The current price: 2.42 MYR.
What is the quality score of 5357?
SkyeChip Berhad has a Quality Score of 66/100. 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 SkyeChip Berhad (5357)?
Our model-based price target is the fair value of 1.26 MYR (as of Nov 5, 2026) from 26 valuation models. Cautious scenario 0.6400 MYR, optimistic scenario 1.56 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the SkyeChip Berhad stock forecast for 2026?
Our models put fair value at 1.26 MYR, about 48% lower versus a price of 2.42 MYR (overvalued). Cautious scenario 0.6400 MYR, optimistic scenario 1.56 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of SkyeChip Berhad (5357)?
SkyeChip Berhad reported trailing-twelve-month revenue of about 155M MYR (latest available figure, as of Nov 5, 2026).
Does SkyeChip Berhad pay a dividend?
SkyeChip Berhad currently shows a dividend yield of 0.25% relative to its recent price (as of Nov 5, 2026).
How much is the dividend of SkyeChip Berhad (5357)?
SkyeChip Berhad has a dividend yield of 0.3%.
What growth is priced into SkyeChip Berhad (5357)?
For today's price to be fair in a discounted-cash-flow model, SkyeChip Berhad would have to grow free cash flow by +61.7 % per year for five years (discount rate 12.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 4 years revenue grew +14.8 % per year. As of Nov 5, 2026.
What discount rate (WACC) does the fair value of 5357 use?
Our models discount SkyeChip Berhad at 12.6 %: a base by market capitalisation (small), 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 SkyeChip Berhad that is +61.7 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (12.6 %) and the same formula as our fair value.
How much growth has SkyeChip Berhad (5357) delivered so far?
Over the past 4 years revenue at SkyeChip Berhad grew +14.8 % a year. The price currently implies free-cash-flow growth of +61.7 % 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 SkyeChip Berhad (5357) growing?
The median revenue growth in the sector is +15.9 % a year. That is the yardstick for the growth priced into SkyeChip Berhad (+61.7 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of SkyeChip Berhad (5357)?
The free-cash-flow yield on the price is 0.59 %: that much free cash flow SkyeChip Berhad produces per unit of market value. When it exceeds the discount rate of our models (12.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of SkyeChip Berhad (5357)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For SkyeChip Berhad it is 1.26 MYR per share (as of Nov 5, 2026), against a price of 2.42 MYR. It is the blended result of 26 valuation models in 8 families (DCF Models, Earnings-Based, Dividend Discount, Multiples, Asset-Based, Growth DCF, Economic Profit, Growth Earnings).
Is SkyeChip Berhad stock overvalued or undervalued in 2026?
As of Nov 5, 2026, 5357 trades above its calculated fair value: price 2.42 MYR, fair value 1.26 MYR, a gap of about −48% (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 5357?
No. The price is what the market pays today (2.42 MYR); the fair value is what the company's own numbers justify (1.26 MYR). For SkyeChip Berhad the two are 1.16 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is SkyeChip Berhad worth?
The market values SkyeChip Berhad at about 4.4B MYR (market capitalisation, as of Nov 5, 2026). Per share that is 2.42 MYR; our models calculate a fair value of 1.26 MYR per share.
What do the bullish and bearish scenarios say about 5357?
Our models span a range for SkyeChip Berhad: cautious scenario 0.6400 MYR, base 1.26 MYR, optimistic 1.56 MYR per share (as of Nov 5, 2026, price 2.42 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 5357?
SkyeChip Berhad trades at a price-to-earnings ratio of 80.7 (as of Nov 5, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.26 MYR is built from several models across several years. Other multiples: P/B 22.6, P/S 28.6, EV/EBITDA 74.3.
How solid is the balance sheet of SkyeChip Berhad (5357)?
Balance-sheet figures for SkyeChip Berhad (as of Nov 5, 2026): return on equity 30.1%. They feed the Quality Score of 66/100, which measures business quality independently of the share price.
Which stocks are comparable to SkyeChip Berhad?
From the same area (Technology) we also value NVIDIA Corporation, Taiwan Semiconductor Manufacturing Company, Broadcom Inc, Micron Technology, 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 SkyeChip Berhad stock attractive at the current price?
The data as of Nov 5, 2026: price 2.42 MYR, calculated fair value 1.26 MYR (−48%), Quality Score 66/100, from 26 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 5357 calculated?
We run SkyeChip Berhad through 26 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 1.26 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. SkyeChip 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 SkyeChip Berhad (5357)?
The closing price on Nov 6, 2026 was 2.42 MYR. Our model-based fair value is 1.26 MYR, about 48% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with SkyeChip Berhad right now?
The price sits above even our optimistic bull case (1.56 MYR). The favourable scenario is already priced in. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid but not exceptional quality (66/100) and above fair value, neither a clear bargain nor a standout compounder. A fairly wide model range (0.6400 MYR to 1.56 MYR) leaves room in how you read the outcome.
Key figures of SkyeChip Berhad
How large is the market capitalisation of SkyeChip Berhad (5357)?
The market capitalisation of SkyeChip Berhad is 4.4B MYR (≈ $1.1B). 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 SkyeChip Berhad (5357)?
The price-to-sales ratio of SkyeChip Berhad is 28.6 (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 SkyeChip Berhad (5357)?
Earnings per share at SkyeChip Berhad are 0.0300 MYR (price ÷ EPS = P/E 80.7). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of SkyeChip Berhad (5357)?
The dividend yield of SkyeChip Berhad is 0.3% (payout 20.4%). 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 SkyeChip Berhad (5357)?
The net margin of SkyeChip Berhad is 31.3% (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 SkyeChip Berhad (5357)?
The return on equity (ROE) of SkyeChip Berhad is 30.1% (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 SkyeChip Berhad (5357)?
On an EBIT basis the return on assets of SkyeChip Berhad is 28.9% (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 SkyeChip Berhad (5357)?
The operating margin of SkyeChip Berhad is 33.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
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Thin data
Nov 5, 2026