Astro Malaysia Holdings Bhd (6399) fair value: what the stock is really worth
As of Oct 29, 2026: fair value (intrinsic value) of Astro Malaysia Holdings Bhd stock MYR 0.15, price MYR 0.05, upside +200.0%, quality 46 out of 100. Rating: strongly undervalued. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Keep an eye on it?Free in your watchlist: 5 stocks without an account, 10 with oneYes, for free
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Oct 25, 2026.
How to read this chart
60‑month range 0.0500 MYR – 1.10 MYR · fair‑value band 0.1210 MYR – 0.1500 MYR · the 0.0500 MYR price screens below the 0.1500 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Oct 25, 2026.
Follow Astro Malaysia Holdings Bhd in your weekly email
Every Wednesday you see whether Astro Malaysia Holdings Bhd is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Astro Malaysia Holdings Berhad, through its subsidiaries, operates as a content and entertainment company in Malaysia and internationally. The company operates through Television, Radio, and Others segments.
Show moreShow less
It provides television and broadband services, including content, creation, aggregation and distribution, talent management, multimedia interactive services, and digital media solutions; and radio broadcasting and media sales services.
The company also offers radio and film library licensing services, as well as management and in-house banking services.
In addition, it is involved in the production and distribution television programs and films; letting of property and related services; management of commercial radio broadcasting stations; and provision of content and programming, as well as multimedia and advertising agency services.
Further, the company engages in the operation of broadcasting stations and organizing trade related projects, marketing, and sale of airtime; advancing and benefitting the community; creation, production, acquisition, and syndication of news and information-based content and end-to-end channel management for distribution across platforms; and film production, acquisition, commissioning, and distribution, as well as the provision of contact centre services.
Additionally, it is involved in the development and licensing of multimedia and interactive application; sound, recording, music publishing, and film production services; and creation and monetization of content verticals.
Astro Malaysia Holdings Berhad was founded in 1996 and is based in Kuala Lumpur, Malaysia.
Stock analysis
Astro Malaysia Holdings Bhd (6399) currently trades at 0.0500 MYR, while our model-based Fair Value estimate is 0.1500 MYR, implying the stock looks roughly 66.7% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 0.5200 MYR per share, and 18 of the 19 models we run sit above the 0.0500 MYR price.
Bear case: the Earnings-Based group reads lowest at 0.0800 MYR, and 1 of the 19 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.1210 MYR (bear) to 0.1500 MYR (bull), the price of 0.0500 MYR sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 46/100 (below-average quality), in the Communication Services sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Astro Malaysia Holdings Bhd reported revenue of 2.8B MYR in FY2026 versus 4.2B MYR in FY2022, a compound −9.5%/yr. Reported net income was 63.1M MYR in FY2026, compounding −41.5%/yr from FY2022.
Key figures
Market cap 262M MYR (≈ $64.7M) Micro · P/E ratio 5.0 · P/S ratio 0.10 · EPS (TTM) 0.0100 MYR · Net margin 0.3% · Return on equity 0.3% · Return on assets (EBIT) 7.6% · Operating margin 4.8%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 28 out of 100 (low confidence).
What moves the price
The share trades about 62% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at −8% fair-value upside, at 200%, 6399 screens cheaper than that median.
Fair Value models
Bear0.1210 MYRFair Value 0.1500 MYRBull0.1500 MYR
Price 0.0500 MYR · Upside +200.0%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2026 figures (about 9 months old). Earnings retained since then (0.0075 MYR per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−9.1%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−8.2%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−8.5%
Start year 2021 (pandemic). Over 10 years: −6.5% a year
Revenue growth 16 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−0.9%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in MYR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
−37.5%
Earnings growth per share plus dividend.
Earnings per share, growth per year−37.5%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−37.5% vs −20.5%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.23% → 6%
Pace: the 5-year rate starts in 2021 (pandemic)
⚠ Revenue per share shrinking 5.3%/yr over ~10Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Compare Astro Malaysia Holdings Bhd with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Entertainment · 229 stocks
Beats the industry median on 8/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score46 · Below median
Fair Value upside+200.0% · Top 25%
Profitability
Return on equity (12 months)0.3% · Below median
Return on assets1.3% · Above median
Net margin (12 months)0.3% · Below median
Operating margin (12 months)4.8% · Above median
Growth and dividend
Revenue growth (quarter YoY)−7.2% · Below median
Balance sheet
Debt / equity0.66× · Highest 25%
Valuation Multiplesvs Entertainment median · lower = cheaper
P/E (12 months)5.0× · Cheapest 25%
P/B0.05× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Cite: Fair Value Calculator (2026). "Astro Malaysia Holdings Bhd Fair Value". https://www.fairvalue-calculator.com/stock/6399
Frequently asked questions
Is Astro Malaysia Holdings Bhd (6399) overvalued or undervalued?
As of Oct 25, 2026, our model estimates a fair value of 0.1500 MYR versus a price of 0.0500 MYR, about +200% upside (undervalued).
What is the fair value of 6399?
Our model-based fair value for Astro Malaysia Holdings Bhd is 0.1500 MYR (as of Oct 25, 2026), built from audited fundamentals. The current price: 0.0500 MYR.
What is the quality score of 6399?
Astro Malaysia Holdings Bhd has a Quality Score of 46/100. 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 price target for Astro Malaysia Holdings Bhd (6399)?
Our model-based price target is the fair value of 0.1500 MYR (as of Oct 25, 2026) from 20 valuation models. Cautious scenario 0.1210 MYR, optimistic scenario 0.1500 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Astro Malaysia Holdings Bhd stock forecast for 2026?
Our models put fair value at 0.1500 MYR, about +200% upside versus a price of 0.0500 MYR (undervalued). Cautious scenario 0.1210 MYR, optimistic scenario 0.1500 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Astro Malaysia Holdings Bhd (6399)?
Astro Malaysia Holdings Bhd reported trailing-twelve-month revenue of about 2.7B MYR (latest available figure, as of Oct 25, 2026).
What is the intrinsic value of Astro Malaysia Holdings Bhd (6399)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Astro Malaysia Holdings Bhd it is 0.1500 MYR per share (as of Oct 25, 2026), against a price of 0.0500 MYR. It is the blended result of 20 valuation models (cash flow, earnings, asset, dividend).
Is Astro Malaysia Holdings Bhd stock overvalued or undervalued in 2026?
As of Oct 25, 2026, 6399 trades below its calculated fair value: price 0.0500 MYR, fair value 0.1500 MYR, a gap of about +200% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 6399?
No. The price is what the market pays today (0.0500 MYR); the fair value is what the company's own numbers justify (0.1500 MYR). For Astro Malaysia Holdings Bhd the two are 0.1000 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Astro Malaysia Holdings Bhd worth?
The market values Astro Malaysia Holdings Bhd at about 262M MYR (market capitalisation, as of Oct 25, 2026). Per share that is 0.0500 MYR; our models calculate a fair value of 0.1500 MYR per share.
What do the bullish and bearish scenarios say about 6399?
Our models span a range for Astro Malaysia Holdings Bhd: cautious scenario 0.1210 MYR, base 0.1500 MYR, optimistic 0.1500 MYR per share (as of Oct 25, 2026, price 0.0500 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 6399?
Astro Malaysia Holdings Bhd trades at a price-to-earnings ratio of 5.0 (as of Oct 25, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.1500 MYR is built from several models across several years. Excluding one-off items of fiscal year 2026 it is 8.2 (reported for FY2026: 4.1). Other multiples: PEG 0.5, P/B 0.1, P/S 0.0, EV/EBITDA 2.4.
What is the PEG ratio of 6399?
The PEG ratio of Astro Malaysia Holdings Bhd is 0.53 (P/E divided by earnings growth, as of Oct 25, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Astro Malaysia Holdings Bhd (6399)?
Balance-sheet figures for Astro Malaysia Holdings Bhd (as of Oct 25, 2026): return on equity 0.3%, debt of 0.66 per unit of equity. They feed the Quality Score of 46/100, which measures business quality independently of the share price.
How far is 6399 from its 52-week high?
Astro Malaysia Holdings Bhd trades at 0.0500 MYR, about 62% below its 52-week high of 0.1300 MYR and at the low of 0.0500 MYR (as of Oct 29, 2026). Distance from the high says nothing about value: that is what the fair value of 0.1500 MYR is for.
Which stocks are comparable to Astro Malaysia Holdings Bhd?
From the same area (Communication Services) we also value Netflix, Inc, The Walt Disney Company, Live Nation Entertainment, Inc, TKO Group, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Astro Malaysia Holdings Bhd stock attractive at the current price?
The data as of Oct 25, 2026: price 0.0500 MYR, calculated fair value 0.1500 MYR (+200%), Quality Score 46/100, from 20 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 6399 calculated?
We run Astro Malaysia Holdings Bhd through 20 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 0.1500 MYR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.1 % above its aggregate fair value. Astro Malaysia Holdings Bhd currently trades 67 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Astro Malaysia Holdings Bhd (6399)?
The closing price on Oct 29, 2026 was 0.0500 MYR. Our model-based fair value is 0.1500 MYR, about +200% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Astro Malaysia Holdings Bhd right now?
The price is below even our cautious bear case (0.1210 MYR). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (46/100) at a price below fair value, the discount is the argument here, not the business quality.
Where does the earnings growth of Astro Malaysia Holdings Bhd (6399) come from?
Earnings per share at Astro Malaysia Holdings Bhd grew −20.3 % a year from 2015 to 2026. Broken into its drivers: revenue per share −6.2 %, EBIT margin −8.7 %, tax rate −0.7 %, residual (interest, one-offs) −6.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Astro Malaysia Holdings Bhd
How large is the market capitalisation of Astro Malaysia Holdings Bhd (6399)?
The market capitalisation of Astro Malaysia Holdings Bhd is 262M MYR (≈ $64.7M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Astro Malaysia Holdings Bhd (6399)?
The price-to-sales ratio of Astro Malaysia Holdings Bhd is 0.10 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Astro Malaysia Holdings Bhd (6399)?
Earnings per share at Astro Malaysia Holdings Bhd are 0.0100 MYR (price ÷ EPS = P/E 5.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Astro Malaysia Holdings Bhd (6399)?
The net margin of Astro Malaysia Holdings Bhd is 0.3% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Astro Malaysia Holdings Bhd (6399)?
The return on equity (ROE) of Astro Malaysia Holdings Bhd is 0.3% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Astro Malaysia Holdings Bhd (6399)?
On an EBIT basis the return on assets of Astro Malaysia Holdings Bhd is 7.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Astro Malaysia Holdings Bhd (6399)?
The operating margin of Astro Malaysia Holdings Bhd is 4.8% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Astro Malaysia Holdings Bhd (6399)?
Revenue at Astro Malaysia Holdings Bhd is growing −7.2% versus a year earlier (3y avg −8.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Astro Malaysia Holdings Bhd (6399)?
Earnings per share at Astro Malaysia Holdings Bhd are growing −88.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Astro Malaysia Holdings Bhd (6399) generate?
The free cash flow of Astro Malaysia Holdings Bhd is 362M MYR (fiscal year 2026). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Astro Malaysia Holdings Bhd (6399) carry?
The net debt of Astro Malaysia Holdings Bhd is 2.5B MYR (fiscal year 2026, ≈ 6.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Astro Malaysia Holdings Bhd in the live analysis
One click puts Astro Malaysia Holdings Bhd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 28,000+ stock screener.
Thin data
Oct 25, 2026