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Muhibbah Engineering (M) Bhd., (5703) Fair Value & Analysis

Industrials · MY · Market cap 380M MYR

ME Muhibbah Engineering (M) Bhd., 5703 · KLSE
Price0.5200 MYR
Fair Value2.28 MYR
Upside+338.5%
Quality80/100
Evidence: Low Range 1.69 MYR – 2.80 MYR

Fair value as of: Jun 24, 2026

From 24 valuation models · updated 5 days ago

Fair value updated Jun 24, 2026 — revised from 2.13 MYR to 2.28 MYR (+7.0%) since Jun 23, 2026. Share price +5.0% over the past month.

Price vs Fair Value (12 months)

0.5924 MYR 0.4758 MYR Fair Value 2.28 MYR Jul 2025 Jun 2026

12‑month range 0.4758 MYR – 0.5924 MYR · fair‑value band 1.69 MYR – 2.80 MYR · the 0.5200 MYR price screens below the 2.28 MYR fair value. As of Jun 24, 2026.

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Analysis

Muhibbah Engineering (M) Bhd., (5703) currently trades at 0.5200 MYR, while our model-based Fair Value estimate is 2.28 MYR — implying the stock looks roughly 338.5% undervalued today. We read business quality at 80/100 (high quality), in the Industrials 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: low) — always confirm before acting.

Over the trailing twelve months, Muhibbah Engineering (M) Bhd., generated revenue of 1.2B MYR at a net margin of 6.2%. Revenue declined 27.0% year over year. It earns a return on equity of 6.1%. Net debt stands at 63.9M MYR. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 1.2B MYR
Revenue growth (YoY) -27.0%
Net margin 6.2%
Return on equity 6.1%
Free cash flow 79.9M MYR FY2025
P/E ratio 5.2
More key figures
Operating margin 5.4%
EPS (TTM) 0.1000 MYR
Dividend yield 6.9%
EPS growth (YoY) -20.2%
Net debt 63.9M MYR FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Muhibbah Engineering (M) Bhd., together with its subsidiaries, engages in the marine construction business in Malaysia, Cambodia, Australia, the United States, Denmark, and internationally. It operates through four segments: Infrastructure Construction, Cranes, Marine Shipbuilding and Ship Repair, and Concession. The company constructs petroleum hub and bunkering facilities, oil and gas terminals, liquefied natural gas jetty works, marine ports, bridges and dams, airport terminal runways and facility support buildings, heavy concrete foundations, and other construction works; and designs, manufactures, supplies, trades in, leases, and services offshore oil and gas pedestal, tower, shipyard, and other heavy lifting equipment cranes, as well as designs, engineers, and services integrated automation solutions, process analyzers, and specialized equipment for various industries. It also engages in the design, engineering, building, and servicing of anchor handling tugboats, supply vesse…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Muhibbah Engineering (M) Bhd., reported revenue of 1.3B MYR in FY2025 versus 1.0B MYR in FY2021, a compound +7.3%/yr. Reported net income was 80.3M MYR in FY2025.

Revenue +7.3%/yr
FY21 1.0B MYR
FY22 897M MYR
FY23 1.3B MYR
FY24 1.9B MYR
FY25 1.3B MYR
Net income
FY21 −3.4M MYR
FY22 −17.9M MYR
FY23 −8.0M MYR
FY24 73.0M MYR
FY25 80.3M MYR

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Similar stocks

6 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LTOD $42.70 $34.33 -20%
Samsung C&T Corporation 028260 460,500 KRW 206,212 KRW -55%
China State Construction Engineering Corporation 601668 ¥4.72 ¥16.90 +258%
TopBuild Corp BLD 7,547 MXN 3,472 MXN -54%
Shandong Xinneng Taishan Power Generation Co 000720 127,800 KRW 55,602 KRW -56%
United Integrated Services Co 2404 1,195 TWD 1,681 TWD +41%

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Frequently asked questions

Is Muhibbah Engineering (M) Bhd., (5703) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 2.28 MYR versus a price of 0.5200 MYR — about +338% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 5703?
Our 21-model fair value for Muhibbah Engineering (M) Bhd., is 2.28 MYR (as of Jun 24, 2026), built from audited fundamentals. The current price is 0.5200 MYR.
What is the quality score of 5703?
Muhibbah Engineering (M) Bhd., has a Quality Score of 80/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Muhibbah Engineering (M) Bhd., (5703)?
Muhibbah Engineering (M) Bhd., reported trailing-twelve-month revenue of about 1.2B MYR (latest available figure, as of Jun 24, 2026).
What is the net profit margin of 5703?
The net profit margin of Muhibbah Engineering (M) Bhd., is about 6.2%, meaning it keeps roughly 6.2% of revenue as net income. Based on the latest reported figures.
Does Muhibbah Engineering (M) Bhd., pay a dividend?
Muhibbah Engineering (M) Bhd., currently shows a dividend yield of about 6.86% relative to its recent price (as of Jun 24, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.