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Perusahaan Sadur Timah Malaysia Perstima Bhd (5436) Fair Value & Analysis

Consumer Cyclical · MY · Market cap 107M MYR

PS Perusahaan Sadur Timah Malaysia Perstima Bhd 5436 · KLSE
Price0.9150 MYR
Fair Value0.8109 MYR
Upside-11.4%
Quality59/100
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Strengths

Low debt · generates free cash flow

Risks

!Trades 13% ABOVE our fair value of 0.8109 MYR
!Mixed Growth (revenue 5y +9.2 %/yr)
!Loss-making · -2.6% net margin
!Mixed vs. peers (6/11)
Mixed Growth (revenue 5y +9.2 %/yr)
Loss-making · -2.6% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/11)
Narrow moat 19/100
Evidence: Medium Range 0.4924 MYR – 1.13 MYR Share as image

Fair value as of: Aug 20, 2026

From 10 valuation models · updated 5 days ago

Fair value updated Aug 20, 2026, revised from 0.8125 MYR to 0.8109 MYR (−0.2%) since Aug 13, 2026. Share price +10.2% over the past month.

A solid business, but trading 13% above our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • A fairly wide model range (0.4924 MYR to 1.13 MYR) leaves room in how you read the outcome.
  • Our model range runs from 0.4924 MYR (bear) to 1.13 MYR (bull), base 0.8109 MYR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 59/100 (solid quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

4.96 MYR 0.7800 MYR Fair Value 0.8109 MYR Sep 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 20, 2026.

How to read this chart

60‑month range 0.7800 MYR – 4.96 MYR · fair‑value band 0.4924 MYR – 1.13 MYR · the 0.9150 MYR price screens above the 0.8109 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 20, 2026.

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Analysis

Perusahaan Sadur Timah Malaysia Perstima Bhd (5436) currently trades at 0.9150 MYR, while our model-based Fair Value estimate is 0.8109 MYR, implying the stock looks roughly 11.4% overvalued today. The Quality Score stands at 59/100 (solid quality), in the Consumer Cyclical sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, Perusahaan Sadur Timah Malaysia Perstima Bhd generated revenue of 1.3B MYR at a net margin of -2.6%. Revenue declined 42.5% year over year. It earns a return on equity of -8.5%. Net debt stands at 256M MYR. Fundamentals as of Aug 20, 2026

Our scenario range runs from 0.4924 MYR (bear case) to 1.13 MYR (bull case); at 0.9150 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 54% below its 52-week high and 14% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -39% fair-value upside, at -11%, 5436 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
Growth DCF 6.17 MYR 8.49 MYR 11.39 MYR 80
Rev-Margin DCF 6.20 MYR 9.53 MYR 13.53 MYR 74
EV/EBITDA 1.57 MYR 1.89 MYR 2.20 MYR 54
All 10 models by family
DCF Models
FCF DCF 6.20 MYR 8.76 MYR 12.12 MYR 38
5Y Revenue Exit 6.20 MYR 9.53 MYR 13.82 MYR 39
5Y EBITDA Exit 3.48 MYR 4.26 MYR 5.08 MYR 41
10Y Revenue Exit 5.98 MYR 8.76 MYR 12.60 MYR 36
10Y EBITDA Exit 4.61 MYR 5.58 MYR 6.72 MYR 37
Multiples
EV/EBITDA 1.57 MYR 1.89 MYR 2.20 MYR 54
EV/Revenue 6.49 MYR 9.00 MYR 11.51 MYR 43
Asset-Based
NCAV (Graham) 1.31 MYR 1.76 MYR 2.62 MYR 50
Growth DCF
Growth DCF 6.17 MYR 8.49 MYR 11.39 MYR 80
Rev-Margin DCF 6.20 MYR 9.53 MYR 13.53 MYR 74

Widest divergence: DCF Models (8.76 MYR) versus Asset-Based (1.76 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

P/S ratio 0.08 TTM
Net margin -2.6% TTM
Return on equity -8.5% TTM
Return on assets -0.6% TTM
Operating margin -12.0% TTM
EPS (TTM) -0.2600 MYR
More key figures
Growth
Revenue (TTM) 1.3B MYR TTM
Revenue growth (YoY) -42.5% 3y avg -4.1%
EPS growth (YoY) +33.8%
Balance sheet & cash flow
Free cash flow 83.2M MYR FY2026
Net debt 256M MYR FY2026 · ≈ 3.1 yrs of FCF

Figures from reported company fundamentals · as of Aug 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 59/100

Of which business quality 58 · Market factors (momentum, volatility) 21

Profitability 23
Margins and returns on capital today
Quality Growth 65
Are margins and returns improving?
Cashflow 53
Earnings quality: real cash, not paper profit
Fin. Strength 55
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 63
Calm price path (market factor)
Momentum 2
Price trend over the last 3–12 months (market factor)
52W Momentum 6
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.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Perusahaan Sadur Timah Malaysia (Perstima) Berhad, together with its subsidiaries, manufactures and sells tinplates and tin-free steel products in Malaysia, Vietnam, the Philippines, and internationally.

Full company description

Perusahaan Sadur Timah Malaysia (Perstima) Berhad, together with its subsidiaries, manufactures and sells tinplates and tin-free steel products in Malaysia, Vietnam, the Philippines, and internationally. Its tinplates are used in various applications, such as food cans, non-carbonated cans, ornament containers, crowns and screw caps, and aerosol cans, as well as electrical parts and other general cans. The company also engages in the generation, transmission, and sale of power and other utilities. Perusahaan Sadur Timah Malaysia (Perstima) Berhad was incorporated in 1979 and is headquartered in Pasir Gudang, Malaysia.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Perusahaan Sadur Timah Malaysia Perstima Bhd reported revenue of 1.3B MYR in FY2026 versus 1.3B MYR in FY2022, a compound −1.0%/yr. Reported net income was −33.1M MYR in FY2026.

Growth Quality 51/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
1.3B MYR
Latest YoY
+17.3%
Avg. revenue 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.
−4.1%
Avg. revenue 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.
+9.2%
Avg. revenue growth/yr (13Y) 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.
+5.4%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Revenue −1.0%/yr
FY22 1.3B MYR
FY23 1.5B MYR
FY24 918M MYR
FY25 1.1B MYR
FY26 1.3B MYR
Net income
FY22 50.9M MYR
FY23 38.5M MYR
FY24 −35.5M MYR
FY25 −28.6M MYR
FY26 −33.1M MYR

5436 screens 11% overvalued. Compare with Smurfit Westrock Plc, →

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Cite: Fair Value Calculator (2026). "Perusahaan Sadur Timah Malaysia Perstima Bhd Fair Value". https://www.fairvalue-calculator.com/stock/5436

Peer Group

Packaging & Containers · 274 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 59 · Above median
Fair Value upside −12% · Above median
Return on assets -1% · Bottom 25%
Net margin (TTM) -3% · Bottom 25%
Operating margin (TTM) -12% · Bottom 25%
Revenue growth -43% · Bottom 25%
Debt / equity 0.01× · Lower than 75% of peers

Valuation Multiples vs Packaging & Containers median · lower = cheaper

P/B 0.08× · Cheaper than 75% of peers
P/S (TTM) 0.02× · Cheaper than 75% of peers
P/FCF 0.3× · Cheaper than median

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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE18 · sector 10
FUTURE0 · sector 1
PAST0 · sector 20
HEALTH100 · sector 93
DIVIDEND0 · sector 44

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

Similar stocks

10 more Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Aug 20, 2026).

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Frequently asked questions

Is Perusahaan Sadur Timah Malaysia Perstima Bhd (5436) overvalued or undervalued?
As of Aug 20, 2026, our model estimates a fair value of 0.8109 MYR versus a price of 0.9150 MYR, about −11% (overvalued).
What is the fair value of 5436?
Our model-based fair value for Perusahaan Sadur Timah Malaysia Perstima Bhd is 0.8109 MYR (as of Aug 20, 2026), built from audited fundamentals. The current price: 0.9150 MYR.
What is the quality score of 5436?
Perusahaan Sadur Timah Malaysia Perstima Bhd has a Quality Score of 59/100. 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 Perusahaan Sadur Timah Malaysia Perstima Bhd (5436)?
Perusahaan Sadur Timah Malaysia Perstima Bhd reported trailing-twelve-month revenue of about 1.3B MYR (latest available figure, as of Aug 20, 2026).
What is the net profit margin of 5436?
The net profit margin of Perusahaan Sadur Timah Malaysia Perstima Bhd is about -2.6%, 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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