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Metrod Holdings (6149) Fair Value & Analysis

Industrials · MY · Market cap 144M MYR

MH Metrod Holdings 6149 · KLSE
Price1.09 MYR
Fair Value1.20 MYR
Upside+10.1%
Quality37/100
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Expensive Growth
Thin margins · 0.1% net margin
Low debt · negative free cash flow
5.00% dividend yield
Trails peers (4/11)
Narrow moat 21/100
Evidence: High Range 0.7200 MYR – 1.57 MYR Share as image

Fair value as of: Jul 11, 2026

From 16 valuation models · updated 30 days ago

Share price −9.9% over the past month.

Below-average quality, screening 10% undervalued on our models.

What matters now

  • A fairly wide model range (0.7200 MYR to 1.57 MYR) leaves room in how you read the outcome.
  • Our model range runs from 0.7200 MYR (bear) to 1.57 MYR (bull), base 1.20 MYR. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 37/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

1.55 MYR 0.8253 MYR Fair Value 1.20 MYR Jun 2015 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range 0.8253 MYR – 1.55 MYR · fair‑value band 0.7200 MYR – 1.57 MYR · the 1.09 MYR price screens below the 1.20 MYR fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Metrod Holdings (6149) currently trades at 1.09 MYR, while our model-based Fair Value estimate is 1.20 MYR, implying the stock looks roughly 10.1% undervalued today. The Quality Score stands at 37/100 (below-average 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: high), always confirm before acting.

Over the trailing twelve months, Metrod Holdings generated revenue of 5.4B MYR at a net margin of 0.1%. Revenue declined 31.3% year over year. It earns a return on equity of 0.4%. Net debt stands at 1.2B MYR. Fundamentals as of Jul 11, 2026

Our scenario range runs from 0.7200 MYR (bear case) to 1.57 MYR (bull case); at 1.09 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 19% below its 52-week high and 4% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -48% fair-value upside, at 10%, 6149 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
Residual Income 2.86 MYR 2.63 MYR 1.68 MYR 76
ROIC Compounder 6.46 MYR 7.99 MYR 9.87 MYR 72
Gordon GGM 0.4200 MYR 0.7000 MYR 0.9100 MYR 70
All 16 models by family
Earnings-Based
Graham-Dodd 0.3800 MYR 2.09 MYR 2.89 MYR 54
Lynch FV 0.5800 MYR 0.8300 MYR 1.08 MYR 50
PEG = 1.0 0.5800 MYR 0.8300 MYR 1.08 MYR 46
EPV 5.97 MYR 6.62 MYR 7.14 MYR 59
Dividend Discount
Gordon GGM 0.4200 MYR 0.7000 MYR 0.9100 MYR 70
DDM Multi-Stage 0.4200 MYR 0.6600 MYR 0.7500 MYR 61
Multiples
P/E Multiple 0.8800 MYR 1.17 MYR 1.46 MYR 63
P/S Multiple 0.7100 MYR 0.9500 MYR 1.18 MYR 58
P/B Multiple 0.7100 MYR 0.9500 MYR 1.18 MYR 55
EV/EBIT 11.24 MYR 14.79 MYR 18.33 MYR 53
EV/EBITDA 10.13 MYR 13.30 MYR 16.47 MYR 54
EV/Revenue 8.20 MYR 11.45 MYR 14.70 MYR 43
Asset-Based
NCAV (Graham) 2.29 MYR 3.07 MYR 4.58 MYR 50
Economic Profit
Residual Income 2.86 MYR 2.63 MYR 1.68 MYR 76
ROIC Compounder 6.46 MYR 7.99 MYR 9.87 MYR 72
Growth Earnings
Growth-Adj P/E 0.8400 MYR 1.20 MYR 1.57 MYR 68

Widest divergence: Asset-Based (3.07 MYR) versus Dividend Discount (0.6600 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 5.4B MYR
Revenue growth (YoY) -31.3%
Net margin 0.1%
Return on equity 0.4%
Free cash flow −331M MYR FY2025
P/E ratio 29.0
More key figures
Operating margin 2.1%
EPS (TTM) 0.0400 MYR
Dividend yield 5.2%
EPS growth (YoY) -84.2%
Net debt 1.2B MYR FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 37/100

Of which business quality 36 · Market factors (momentum, volatility) 38

Profitability 32
Margins and returns on capital today
Quality Growth 46
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 31
Balance sheet, leverage, solvency risk
Investment 54
Disciplined investing over empire-building
Low Volatility 66
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 17
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

Metrod Holdings Berhad, an investment holding company, manufactures and markets electrical conductivity grade copper wires, rods, and strips in Malaysia, the Asia Pacific and Australasia, India, Europe, the Middle East, Africa, and internationally. It operates through Copper Business and Hospitality Business segments.

Full company description

Metrod Holdings Berhad, an investment holding company, manufactures and markets electrical conductivity grade copper wires, rods, and strips in Malaysia, the Asia Pacific and Australasia, India, Europe, the Middle East, Africa, and internationally. It operates through Copper Business and Hospitality Business segments. The company offers copper rods, such as electrolytic tough pitch, DIP form, and UPCAST rods; and copper and tincan welding wires. It also provides copper strips, including earthing, non-insulated, and insulated strips used in the generation, transmission, and distribution of electricity; telecommunications; lightning protection; welding; electronics and automotive parts; magnetic coils; motors; compressors; and transformers. In addition, the company operates a five-star hotel in Goa, India; and manufactures and trades in metal products. Metrod Holdings Berhad was founded in 1981 and is based in Klang, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Metrod Holdings reported revenue of 5.8B MYR in FY2025 versus 3.5B MYR in FY2021, a compound +13.6%/yr. Reported net income was 6.7M MYR in FY2025, compounding −6.2%/yr from FY2021.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
5.8B MYR
Latest YoY
+14.8%
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.
+12.1%
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.
+25.2%
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.
+13.3%
Revenue +13.6%/yr
FY21 3.5B MYR
FY22 4.1B MYR
FY23 4.4B MYR
FY24 5.1B MYR
FY25 5.8B MYR
Net income −6.2%/yr
FY21 8.6M MYR
FY22 17.0M MYR
FY23 11.8M MYR
FY24 22.1M MYR
FY25 6.7M MYR

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Cite: Fair Value Calculator (2026). "Metrod Holdings Fair Value". https://www.fairvalue-calculator.com/stock/6149

Peer Group

Electrical Equipment & Parts · 526 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 37 · Bottom 25%
Fair Value upside +10% · Top 25%
Return on equity (TTM) 0% · Bottom 25%
Return on assets 2% · Below median
Net margin (TTM) 0% · Bottom 25%
Operating margin (TTM) 2% · Below median
Revenue growth -31% · Bottom 25%
Dividend yield (TTM) 5.0% · Top 25%
Debt / equity 0.34× · Higher than 75% of peers

Valuation Multiples vs Electrical Equipment & Parts median · lower = cheaper

P/E (TTM) 30.0× · Cheaper than median
P/B 0.06× · Cheaper than 75% of peers

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 47 · sector 0
FUTURE 0 · sector 57
PAST 2 · sector 26
HEALTH 83 · sector 97
DIVIDEND 100 · sector 18

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co 3750 HK$675.50 HK$391.44 -42%
ABB Ltd ABBN CHF 83.82 CHF 35.46 -58%
Delta Electronics (Thailand) Public Company TDED 10.16 SGD 1.47 SGD -86%
LG Energy Solution, Ltd 373220 334,000 KRW 201,455 KRW -40%
WEG S.A WEGE3 13,210 ARS 7,948 ARS -40%
Sungrow Power Supply Co 300274 ¥114.79 ¥123.83 +8%
Shenzhen Inovance Technology Co 300124 ¥63.43 ¥33.04 -48%
HD Hyundai Electric Co 267260 823,000 KRW 371,133 KRW -55%
LS ELECTRIC Co 010120 190,000 KRW 31,517 KRW -83%
Sieyuan Electric Co 002028 ¥151.73 ¥71.69 -53%

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Frequently asked questions

Is Metrod Holdings (6149) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 1.20 MYR versus a price of 1.09 MYR, about +10% (undervalued).
What is the fair value of 6149?
Our model-based fair value for Metrod Holdings is 1.20 MYR (as of Jul 11, 2026), built from audited fundamentals. The current price is 1.09 MYR.
What is the quality score of 6149?
Metrod Holdings has a Quality Score of 37/100. 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 Metrod Holdings (6149)?
Metrod Holdings reported trailing-twelve-month revenue of about 5.4B MYR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 6149?
The net profit margin of Metrod Holdings is about 0.1%, meaning it keeps roughly 0.1% of revenue as net income. Based on the latest reported figures.
Does Metrod Holdings pay a dividend?
Metrod Holdings currently shows a dividend yield of about 5.17% relative to its recent price (as of Jul 11, 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.

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