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Khee San Berhad, an investment holding company, (6203) Fair Value & Analysis

Consumer Defensive · MY · Market cap 140M MYR

KS Khee San Berhad, an investment holding company, 6203 · KLSE
Price0.1150 MYR
Fair Value0.0200 MYR
Upside-82.6%
Quality95/100
Evidence: High Range 0.0200 MYR – 0.0300 MYR

Fair value as of: Jun 26, 2026

From 20 valuation models · updated 3 days ago

Share price −12.0% over the past month.

Price vs Fair Value (12 months)

0.2037 MYR 0.0889 MYR Fair Value 0.0200 MYR Apr 2025 Jun 2026

12‑month range 0.0889 MYR – 0.2037 MYR · fair‑value band 0.0200 MYR – 0.0300 MYR · the 0.1150 MYR price screens above the 0.0200 MYR fair value. As of Jun 26, 2026.

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Analysis

Khee San Berhad, an investment holding company, (6203) currently trades at 0.1150 MYR, while our model-based Fair Value estimate is 0.0200 MYR — implying the stock looks roughly 82.6% overvalued today. We read business quality at 95/100 (high quality), in the Consumer Defensive 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: high).

Over the trailing twelve months, Khee San Berhad, an investment holding company, generated revenue of 161M MYR at a net margin of 2.9%. Revenue declined 68.9% year over year. It earns a return on equity of 2.9%. Net debt stands at 73.4M MYR. Fundamentals as of Jun 26, 2026

Key figures & financial health

Revenue (TTM) 161M MYR
Revenue growth (YoY) -68.9%
Net margin 2.9%
Return on equity 2.9%
Free cash flow 2.1M MYR FY2025
P/E ratio 1.6
More key figures
Operating margin -305%
EPS (TTM) 0.0800 MYR
EPS growth (YoY) +3,257%
Net debt 73.4M MYR FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 26, 2026. TTM = trailing twelve months.

About the company

Khee San Berhad, an investment holding company, manufactures and distributes candy, confectionery, and wafer products in Malaysia, Europe, Africa, Oceania, and rest of Asia. It operates through Investment Holding, and Manufacture and Trading segments. The company offers chewy, deposited, and hard candies; chewing and bubble gums; and tablets. It sells its products under the Fruitplus, Mintplus, Choco Plus and Milk Plus, Victory, Snackie, Sochews, Beyond, Torrone, Kiss Me, BonBon, Fizzy, Salt Plus, Salt & Lemon, Comilk, Nini, Golly Pop, Crystal Pop, Ong Mali, Bento, and 88 Super Bubble Gum brands. The company distributes its products through wholesalers, hypermarket chain stores, and convenient stores. It also exports its products to approximately 20 countries, including China, Hong Kong, Vietnam, Japan, South Africa, and other Asia Pacific countries. Khee San Berhad was founded in 1976 and is headquartered in Seri Kembangan, Malaysia.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Khee San Berhad, an investment holding company, reported revenue of 57.4M MYR in FY2025 versus 59.6M MYR in FY2021, a compound −0.9%/yr. Reported net income was 1.8M MYR in FY2025.

Revenue −0.9%/yr
FY21 59.6M MYR
FY22 33.0M MYR
FY23 55.6M MYR
FY24 52.3M MYR
FY25 57.4M MYR
Net income
FY21 −58.3M MYR
FY22 −13.7M MYR
FY23 1.7M MYR
FY24 784K MYR
FY25 1.8M MYR

Open the full interactive analysis →

Similar stocks

6 more Confectioners stocks, each showing price versus our Fair Value estimate (as of Jun 26, 2026).

Stock Price Fair Value vs Fair Value
Chocoladefabriken Lindt & Sprüngli AG LISN CHF 93,100 CHF 9,646 -90%
Mondelez International, Inc MDLZ 1,104 MXN 661.45 MXN -40%
The Hershey Company HSY $170.89 $125.13 -27%
Barry Callebaut AG BARN CHF 1,203 CHF 1,187 -1%
ORION Corp 271560 130,100 KRW 203,315 KRW +56%
Tootsie Roll Industries, Inc TROLB $39.50 $51.08 +29%

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Frequently asked questions

Is Khee San Berhad, an investment holding company, (6203) undervalued?
As of Jun 26, 2026, our model estimates a fair value of 0.0200 MYR versus a price of 0.1150 MYR — about −83% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 6203?
Our 21-model fair value for Khee San Berhad, an investment holding company, is 0.0200 MYR (as of Jun 26, 2026), built from audited fundamentals. The current price is 0.1150 MYR.
What is the quality score of 6203?
Khee San Berhad, an investment holding company, has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Khee San Berhad, an investment holding company, (6203)?
Khee San Berhad, an investment holding company, reported trailing-twelve-month revenue of about 161M MYR (latest available figure, as of Jun 26, 2026).
What is the net profit margin of 6203?
The net profit margin of Khee San Berhad, an investment holding company, is about 2.9%, meaning it keeps roughly 2.9% of revenue as net income. 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.

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