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BEDI Berhad, an investment holding company, (6378) Fair Value & Analysis

Basic Materials · MY · Market cap 442M MYR

BB BEDI Berhad, an investment holding company, 6378 · KLSE
Price0.5500 MYR
Fair Value0.1400 MYR
Upside-74.6%
Quality60/100
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Mixed Growth
Loss-making · -103.5% net margin
Low debt · generates free cash flow
Mixed vs. peers (7/12)
Moderate moat 56/100
Evidence: High Range 0.1200 MYR – 0.1600 MYR Share as image

Fair value as of: Jul 17, 2026

From 24 valuation models · updated 24 days ago

Share price +10.0% over the past month.

A solid business, but screening 75% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.1600 MYR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

0.6000 MYR 0.0850 MYR Fair Value 0.1400 MYR Jul 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 0.0850 MYR – 0.6000 MYR · fair‑value band 0.1200 MYR – 0.1600 MYR · the 0.5500 MYR price screens above the 0.1400 MYR fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

BEDI Berhad, an investment holding company, (6378) currently trades at 0.5500 MYR, while our model-based Fair Value estimate is 0.1400 MYR, implying the stock looks roughly 74.6% overvalued today. The Quality Score stands at 60/100 (solid quality), in the Basic Materials 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).

Trailing-twelve-month revenue stands at 21.0M MYR. Revenue declined 27.4% year over year. It earns a return on equity of 14.1%. Net debt stands at 65.3M MYR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 0.1200 MYR (bear case) to 0.1600 MYR (bull case); at 0.5500 MYR, the current price sits above 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 near its 52-week high and 112% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -59% fair-value upside, at -75%, 6378 screens richer 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 0.5900 MYR 1.00 MYR 1.55 MYR 80
Rev-Margin DCF 0.3200 MYR 0.4300 MYR 0.5700 MYR 74
ROIC Compounder 0.1300 MYR 0.1400 MYR 0.1500 MYR 72
All 24 models by family
DCF Models
FCF DCF 0.6100 MYR 1.00 MYR 1.80 MYR 38
Owner Earnings 0.2000 MYR 0.3100 MYR 0.4900 MYR 31
5Y Revenue Exit 0.3200 MYR 0.4300 MYR 0.5700 MYR 39
5Y EBITDA Exit 0.3200 MYR 0.4400 MYR 0.5800 MYR 41
5Y P/E Exit 0.3200 MYR 0.4400 MYR 0.5700 MYR 38
10Y Revenue Exit 0.4100 MYR 0.5600 MYR 0.7700 MYR 36
10Y EBITDA Exit 0.4200 MYR 0.5700 MYR 0.7800 MYR 37
10Y P/E Exit 0.4200 MYR 0.5700 MYR 0.7700 MYR 35
Earnings-Based
Graham-Dodd 0.0500 MYR 0.3100 MYR 0.4300 MYR 54
Lynch FV 0.0900 MYR 0.1200 MYR 0.1600 MYR 50
PEG = 1.0 0.0900 MYR 0.1200 MYR 0.1600 MYR 46
EPV 0.1300 MYR 0.1400 MYR 0.1500 MYR 59
Multiples
P/E Multiple 0.1000 MYR 0.1400 MYR 0.1700 MYR 63
P/S Multiple 0.1000 MYR 0.1300 MYR 0.1600 MYR 58
P/B Multiple 0.1000 MYR 0.1400 MYR 0.1700 MYR 55
EV/EBIT 0.1700 MYR 0.2100 MYR 0.2400 MYR 53
EV/EBITDA 0.1700 MYR 0.2100 MYR 0.2400 MYR 54
EV/Revenue 0.1600 MYR 0.2000 MYR 0.2400 MYR 43
Asset-Based
NCAV (Graham) 0.1100 MYR 0.1500 MYR 0.2300 MYR 50
Growth DCF
Growth DCF 0.5900 MYR 1.00 MYR 1.55 MYR 80
Rev-Margin DCF 0.3200 MYR 0.4300 MYR 0.5700 MYR 74
Economic Profit
Residual Income 0.1600 MYR 0.1500 MYR 0.1200 MYR 61
ROIC Compounder 0.1300 MYR 0.1400 MYR 0.1500 MYR 72
Growth Earnings
Growth-Adj P/E 0.1200 MYR 0.1700 MYR 0.2200 MYR 68

Widest divergence: DCF Models (0.4400 MYR) versus Earnings-Based (0.1200 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 21.0M MYR
Revenue growth (YoY) -27.4%
Net margin -103%
Return on equity 14.1%
Free cash flow 40.8M MYR FY2026
Operating margin 56.4%
More key figures
Net debt 65.3M MYR FY2026

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 58 · Market factors (momentum, volatility) 83

Profitability 23
Margins and returns on capital today
Quality Growth 21
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 51
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 57
Calm price path (market factor)
Momentum 92
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 70
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

BEDI Berhad, an investment holding company, engages in the property development activities in Malaysia. The company operates in two segments, Property Development and Trading of Building Materials.

Full company description

BEDI Berhad, an investment holding company, engages in the property development activities in Malaysia. The company operates in two segments, Property Development and Trading of Building Materials. It develops housing projects, including low-cost apartments, starter homes, and luxurious detached and semi-detached houses, as well as multi-story luxury condominiums. The company also engages in the wholesale and retail of hardware, building materials, and related goods; and provision of corporate services. In addition, it develops residential, and commercial properties, as well as involved in the property letting and property management activities. The company was formerly known as WMG Holdings Bhd. And changed its name to BEDI Berhad in August 2025. The company was founded in 1979 and is headquartered in Sandakan, Malaysia. BEDI Berhad is a subsidiary of Exsim Borneo Sdn Bhd.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

BEDI Berhad, an investment holding company, reported revenue of 74.8M MYR in FY2026 versus 61.3M MYR in FY2022, a compound +5.1%/yr. Reported net income was 7.0M MYR in FY2026.

Growth Quality 69/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
74.8M MYR
Latest YoY
−58.8%
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.
−1.4%
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.
+5.6%
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.
−1.9%
Revenue +5.1%/yr
FY22 61.3M MYR
FY23 78.0M MYR
FY24 123M MYR
FY25 181M MYR
FY26 74.8M MYR
Net income
FY22 −8.0M MYR
FY23 −3.2M MYR
FY24 −2.1M MYR
FY25 24.5M MYR
FY26 7.0M MYR

6378 screens 75% overvalued. Compare with CRH plc →

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Cite: Fair Value Calculator (2026). "BEDI Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/6378

Peer Group

Building Materials · 253 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 60 · Top 25%
Fair Value upside −75% · Bottom 25%
Return on equity (TTM) 14% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) -103% · Bottom 25%
Operating margin (TTM) 56% · Top 25%
Revenue growth -27% · Bottom 25%
Debt / equity 0.07× · Lower than median

Valuation Multiples vs Building Materials median · lower = cheaper

P/B 0.54× · Cheaper than median
P/S (TTM) 5.16× · Pricier than 75% of peers
P/FCF 2.7× · Pricier than median
EV/EBITDA 1.1× · 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 0 · sector 27
FUTURE 0 · sector 2
PAST 57 · sector 15
HEALTH 96 · sector 92
DIVIDEND 0 · sector 42

VALUE 0: the price sits above our fair-value range.

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 Building Materials stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
CRH plc CRH $102.92 $70.57 -31%
UltraTech Cement Limited ULTRACEMCO ₹11,711 ₹4,719 -60%
China Jushi Co 600176 ¥54.52 ¥13.95 -74%
Grasim Industries Limited GRASIM ₹3,073 ₹1,245 -59%
CEMEX, S.A. CEMEXCPO 21.71 MXN 15.42 MXN -29%
Anhui Conch Cement Company 600585 ¥16.99 ¥26.14 +54%
Ambuja Cements Limited AMBUJACEM ₹435.25 ₹227.96 -48%
Shree Cement Limited SHREECEM ₹26,930 ₹8,215 -69%
TCC Group 1101B 43.70 TWD 10.48 TWD -76%
Taiwan Glass Ind. Corp 1802 53.30 TWD 13.98 TWD -74%

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Frequently asked questions

Is BEDI Berhad, an investment holding company, (6378) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 0.1400 MYR versus a price of 0.5500 MYR, about −75% (overvalued).
What is the fair value of 6378?
Our model-based fair value for BEDI Berhad, an investment holding company, is 0.1400 MYR (as of Jul 17, 2026), built from audited fundamentals. The current price is 0.5500 MYR.
What is the quality score of 6378?
BEDI Berhad, an investment holding company, has a Quality Score of 60/100. 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 BEDI Berhad, an investment holding company, (6378)?
BEDI Berhad, an investment holding company, reported trailing-twelve-month revenue of about 21.0M MYR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 6378?
The net profit margin of BEDI Berhad, an investment holding company, is about -103.5%, 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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