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Encorp Berhad, an investment holding company, (6076) Fair Value & Analysis

Real Estate · MY · Market cap 36.4M MYR

EB Encorp Berhad, an investment holding company, 6076 · KLSE
Price0.1200 MYR
Fair Value0.2880 MYR
Upside+140.0%
Quality51/100
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Mixed Growth
Loss-making · -16.8% net margin
Moderate debt · generates free cash flow
Mixed vs. peers (6/11)
Narrow moat 28/100
Evidence: Medium Range 0.0744 MYR – 0.4960 MYR Share as image

Fair value as of: Jul 19, 2026

From 10 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from 0.3250 MYR to 0.2880 MYR (−11.4%) since Jun 26, 2026. Share price −7.7% over the past month.

A solid business, screening 140% undervalued on our models.

What matters now

  • The model range is unusually wide (0.0744 MYR to 0.4960 MYR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

0.6350 MYR 0.0900 MYR Fair Value 0.2880 MYR Aug 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.

How to read this chart

60‑month range 0.0900 MYR – 0.6350 MYR · fair‑value band 0.0744 MYR – 0.4960 MYR · the 0.1200 MYR price screens below the 0.2880 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Encorp Berhad, an investment holding company, (6076) currently trades at 0.1200 MYR, while our model-based Fair Value estimate is 0.2880 MYR, implying the stock looks roughly 140.0% undervalued today. The Quality Score stands at 51/100 (solid quality), in the Real Estate 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: medium), always confirm before acting.

Over the trailing twelve months, Encorp Berhad, an investment holding company, generated revenue of 89.3M MYR at a net margin of -16.8%. Revenue declined 25.4% year over year. It earns a return on equity of -3.1%. Net debt stands at 354M MYR. Fundamentals as of Jul 19, 2026

Our scenario range runs from 0.0744 MYR (bear case) to 0.4960 MYR (bull case); at 0.1200 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 47% below its 52-week high and 33% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at 140%, 6076 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 2.24 MYR 2.92 MYR 3.93 MYR 80
EV/EBITDA 0.6600 MYR 1.08 MYR 1.50 MYR 54
EV/EBIT 0.9500 MYR 1.48 MYR 2.00 MYR 53
All 10 models by family
DCF Models
FCF DCF 2.17 MYR 2.89 MYR 4.05 MYR 38
5Y Revenue Exit 1.12 MYR 1.51 MYR 2.08 MYR 39
5Y EBITDA Exit 1.28 MYR 1.78 MYR 2.45 MYR 41
10Y Revenue Exit 1.59 MYR 1.90 MYR 2.19 MYR 36
10Y EBITDA Exit 1.69 MYR 2.04 MYR 2.38 MYR 37
Multiples
EV/EBIT 0.9500 MYR 1.48 MYR 2.00 MYR 53
EV/EBITDA 0.6600 MYR 1.08 MYR 1.50 MYR 54
EV/Revenue 0.2500 MYR 0.6200 MYR 0.9900 MYR 43
Asset-Based
NCAV (Graham) 0.5100 MYR 0.6800 MYR 1.02 MYR 50
Growth DCF
Growth DCF 2.24 MYR 2.92 MYR 3.93 MYR 80

Widest divergence: Growth DCF (2.92 MYR) versus Asset-Based (0.6800 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 89.3M MYR
Revenue growth (YoY) -25.4%
Net margin -16.8%
Return on equity -3.1%
Free cash flow 122M MYR FY2025
Operating margin 18.5%
More key figures
EPS (TTM) -0.0500 MYR
EPS growth (YoY) -80.0%
Net debt 354M MYR FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 51/100

Of which business quality 52 · Market factors (momentum, volatility) 35

Profitability 6
Margins and returns on capital today
Quality Growth 17
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 44
Calm price path (market factor)
Momentum 35
Price trend over the last 3–12 months (market factor)
52W Momentum 26
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

Encorp Berhad, an investment holding company, provides general management support services in Malaysia. The company operates through six segments: Investment Holding and the Provision of Management Services, Concessionaire, Construction, Property Development, Investment Property, and Others. It engages in commercial property leasing.

Full company description

Encorp Berhad, an investment holding company, provides general management support services in Malaysia. The company operates through six segments: Investment Holding and the Provision of Management Services, Concessionaire, Construction, Property Development, Investment Property, and Others. It engages in commercial property leasing. The company is also involved in property investment; property and construction project management; general trading; trading of building materials; and facilities management business. In addition, it operates as a concessionaire to build and transfer teachers' quarters to the Government of Malaysia. Encorp Berhad was incorporated in 2000 and is based in Petaling Jaya, Malaysia. Encorp Berhad is a subsidiary of Felda Investment Corporation Sdn Bhd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Encorp Berhad, an investment holding company, reported revenue of 92.6M MYR in FY2025 versus 147M MYR in FY2021, a compound −10.9%/yr. Reported net income was −11.6M MYR in FY2025.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
92.6M MYR
Latest YoY
−11.0%
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.
−12.3%
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.
−7.1%
Avg. 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.
−10.6%
Revenue −10.9%/yr
FY21 147M MYR
FY22 137M MYR
FY23 129M MYR
FY24 104M MYR
FY25 92.6M MYR
Net income
FY21 −10.9M MYR
FY22 −20.1M MYR
FY23 −9.2M MYR
FY24 1.8M MYR
FY25 −11.6M MYR

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Cite: Fair Value Calculator (2026). "Encorp Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/6076

Peer Group

Real Estate - Development · 588 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 52 · Above median
Fair Value upside +142% · Top 25%
Return on assets 1% · Above median
Net margin (TTM) -17% · Bottom 25%
Operating margin (TTM) 18% · Above median
Revenue growth -25% · Below median
Debt / equity 0.62× · Higher than median

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/S (TTM) 0.10× · Cheaper than 75% of peers
P/FCF 0.1× · Cheaper than 75% of peers
EV/EBITDA 10.6× · Pricier 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.

VALUE 100 · sector 48
FUTURE 0 · sector 0
PAST 0 · sector 10
HEALTH 69 · sector 84
DIVIDEND 0 · sector 38

Insider activity: 35/100

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 Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹657.75 ₹159.49 -76%
Lodha Developers Limited LODHA ₹1,188 ₹583.43 -51%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,125 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,925 ₹1,183 -39%
Godrej Properties Limited GODREJPROP ₹2,102 ₹1,044 -50%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 555.00 IDR 1,388 IDR +150%
PT Sentul City Tbk, BKSL 64.00 IDR 84.16 IDR +32%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,100 IDR 6,239 IDR +52%

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Frequently asked questions

Is Encorp Berhad, an investment holding company, (6076) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 0.2880 MYR versus a price of 0.1200 MYR, about +140% (undervalued).
What is the fair value of 6076?
Our model-based fair value for Encorp Berhad, an investment holding company, is 0.2880 MYR (as of Jul 19, 2026), built from audited fundamentals. The current price is 0.1200 MYR.
What is the quality score of 6076?
Encorp Berhad, an investment holding company, has a Quality Score of 51/100. 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 Encorp Berhad, an investment holding company, (6076)?
Encorp Berhad, an investment holding company, reported trailing-twelve-month revenue of about 89.3M MYR (latest available figure, as of Jul 19, 2026).
What is the net profit margin of 6076?
The net profit margin of Encorp Berhad, an investment holding company, is about -16.8%, 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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