Master Pack Group Bhd (7029) fair value: what the stock is really worth
As of Sep 24, 2026: fair value of Master Pack Group Bhd MYR 2.17, price MYR 1.65, upside +31.5%, quality 64 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Master Pack Group Bhd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
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, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 1.31 MYR – 3.84 MYR · fair‑value band 2.15 MYR – 2.17 MYR · the 1.65 MYR price screens below the 2.17 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 24, 2026.
Follow Master Pack Group Bhd in your weekly email
Every Wednesday you see whether Master Pack Group 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.
Master-Pack Group Berhad, an investment holding company, manufactures, distributes, and sells corrugated cartons and wooden packaging materials in Malaysia, Vietnam, and internationally. It provides sheet board, slotted type, telescope type, folder type, interior fitment, die-cut, and palletized shipping container products, as well as wooden pallet.
Show more
Master-Pack Group Berhad, an investment holding company, manufactures, distributes, and sells corrugated cartons and wooden packaging materials in Malaysia, Vietnam, and internationally. It provides sheet board, slotted type, telescope type, folder type, interior fitment, die-cut, and palletized shipping container products, as well as wooden pallet. The company also offers other packaging materials, including PE form, PU form, corrupad, cushion pad, edge protector, air bubble bag, plastic bag, strapping band, newsprint paper, and bubble pack products, as well as manufactures and sells wooden packaging boxes. In addition, it is involved in property letting activities. The company was formerly known as Hunza Consolidation Berhad. Master-Pack Group Berhad was incorporated in 1989 and is based in Nibong Tebal, Malaysia.
Stock analysis
Master Pack Group Bhd (7029) currently trades at 1.65 MYR, while our model-based Fair Value estimate is 2.17 MYR, implying the stock looks roughly 24.0% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 4.04 MYR per share, and 17 of the 24 models we run sit above the 1.65 MYR price.
Bear case: the Earnings-Based group reads lowest at 0.8900 MYR, and 7 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: 2.15 MYR (bear) to 2.17 MYR (bull), the price of 1.65 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 64/100 (solid quality), in the Consumer Cyclical sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
Master Pack Group Bhd reported revenue of 102M MYR in FY2025 versus 154M MYR in FY2021, a compound −9.8%/yr. Reported net income was 4.8M MYR in FY2025, compounding −24.1%/yr from FY2021.
Key figures
Market cap 90.1M MYR (≈ $22.1M) · P/E ratio 27.5 · P/S ratio 1.30 · EPS (TTM) 0.0600 MYR · Dividend yield 2.4% · Net margin 4.7% · Return on equity 1.9% · Return on assets (EBIT) 11.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 47 out of 100 (low confidence).
What moves the price
The share trades about 37% below its 52-week high and 17% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −21% fair-value upside, at 32%, 7029 screens cheaper than that median.
Fair Value models
Bear 2.15 MYRFair Value 2.17 MYRBull 2.17 MYR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2025 figures (about 9 months old). Earnings retained since then (0.0147 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.Evidence ⓘEvidence = 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
−34.3%
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.
−14.2%
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.
−6.4%
Start year 2020 (pandemic). Over 10 years: +3.2% a year
Revenue growth 13 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.
+3.9%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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.
−17.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year−19.8%
Dividend (yield on the price)2.4%
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.−20% vs 5%, slowing
Profit margin 2020 to 2025 ⓘ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.9% → 7%
Start year 2020 (pandemic)
Growth Forecast
Little optimism in the price
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
less than -40 %
Yearly growth needed for the next five years to justify today's price.
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.Packaging & Containers · 272 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score64 · Top 25%
Fair Value upside+32% · Top 25%
Profitability
Return on equity (TTM)2% · Below median
Return on assets1% · Below median
Net margin (TTM)3% · Below median
Operating margin (TTM)4% · Below median
Growth and dividend
Revenue growth−30% · Bottom 25%
Dividend yield (TTM)2.4% · Above median
Valuation Multiplesvs Packaging & Containers median · lower = cheaper
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). "Master Pack Group Bhd Fair Value". https://www.fairvalue-calculator.com/stock/7029
Frequently asked questions
Is Master Pack Group Bhd (7029) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 2.17 MYR versus a price of 1.65 MYR, about +32% upside (undervalued).
What is the fair value of 7029?
Our model-based fair value for Master Pack Group Bhd is 2.17 MYR (as of Sep 24, 2026), built from audited fundamentals. The current price: 1.65 MYR.
What is the quality score of 7029?
Master Pack Group Bhd has a Quality Score of 64/100. 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 Master Pack Group Bhd (7029)?
Our model-based price target is the fair value of 2.17 MYR (as of Sep 24, 2026) from 24 valuation models. Cautious scenario 2.15 MYR, optimistic scenario 2.17 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Master Pack Group Bhd stock forecast for 2026?
Our models put fair value at 2.17 MYR, about +32% upside versus a price of 1.65 MYR (undervalued). Cautious scenario 2.15 MYR, optimistic scenario 2.17 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Master Pack Group Bhd (7029)?
Master Pack Group Bhd reported trailing-twelve-month revenue of about 94.2M MYR (latest available figure, as of Sep 24, 2026).
Does Master Pack Group Bhd pay a dividend?
Master Pack Group Bhd currently shows a dividend yield of about 2.42% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Master Pack Group Bhd (7029)?
For today's price to be fair in a discounted-cash-flow model, Master Pack Group Bhd would have to grow free cash flow by less than minus 40 % per year for five years (discount rate 9.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -6.4 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 7029 use?
Our models discount Master Pack Group Bhd at 9.7 %: a base by market capitalisation (nano), damped by beta 0.30, country premium for Malaysia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Master Pack Group Bhd that is less than minus 40 % per year a year over ten years, using the same discount rate (9.7 %) and the same formula as our fair value.
How much growth has Master Pack Group Bhd (7029) delivered so far?
Over the past 5 years revenue at Master Pack Group Bhd grew -6.4 % a year. The price currently implies less than minus 40 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Master Pack Group Bhd (7029) growing?
The median revenue growth in the sector is +3.3 % a year. That is the yardstick for the growth priced into Master Pack Group Bhd (less than minus 40 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Master Pack Group Bhd (7029)?
The free-cash-flow yield on the price is 16.95 %: that much free cash flow Master Pack Group Bhd produces per unit of market value. When it exceeds the discount rate of our models (9.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Master Pack Group Bhd (7029)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Master Pack Group Bhd it is 2.17 MYR per share (as of Sep 24, 2026), against a price of 1.65 MYR. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Master Pack Group Bhd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 7029 trades below its calculated fair value: price 1.65 MYR, fair value 2.17 MYR, a gap of about +32% (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 7029?
No. The price is what the market pays today (1.65 MYR); the fair value is what the company's own numbers justify (2.17 MYR). For Master Pack Group Bhd the two are 0.5200 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Master Pack Group Bhd worth?
The market values Master Pack Group Bhd at about 90.1M MYR (market capitalisation, as of Sep 24, 2026). Per share that is 1.65 MYR; our models calculate a fair value of 2.17 MYR per share.
What do the bullish and bearish scenarios say about 7029?
Our models span a range for Master Pack Group Bhd: cautious scenario 2.15 MYR, base 2.17 MYR, optimistic 2.17 MYR per share (as of Sep 24, 2026, price 1.65 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 7029?
Master Pack Group Bhd trades at a price-to-earnings ratio of 27.5 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 2.17 MYR is built from several models across several years. Other multiples: P/B 0.1, P/S 0.2.
How solid is the balance sheet of Master Pack Group Bhd (7029)?
Balance-sheet figures for Master Pack Group Bhd (as of Sep 24, 2026): return on equity 1.9%. They feed the Quality Score of 64/100, which measures business quality independently of the share price.
How far is 7029 from its 52-week high?
Master Pack Group Bhd trades at 1.65 MYR, about 37% below its 52-week high of 2.63 MYR and 17% above the low of 1.41 MYR (as of Sep 24, 2026). Distance from the high says nothing about value: that is what the fair value of 2.17 MYR is for.
Which stocks are comparable to Master Pack Group Bhd?
From the same area (Consumer Cyclical) we also value Smurfit Westrock Plc,, Packaging Corporation, International Paper Company, Ball Corporation, 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 Master Pack Group Bhd stock attractive at the current price?
The data as of Sep 24, 2026: price 1.65 MYR, calculated fair value 2.17 MYR (+32%), Quality Score 64/100, from 24 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 7029 calculated?
We run Master Pack Group Bhd through 24 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 2.17 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 14.0 % above its aggregate fair value. Master Pack Group Bhd currently trades 32 % 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 Master Pack Group Bhd (7029)?
The closing price on Sep 24, 2026 was 1.65 MYR. Our model-based fair value is 2.17 MYR, about +32% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Master Pack Group Bhd right now?
The price is below even our cautious bear case (2.15 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 (64/100) at a price below fair value, the discount is the argument here, not the business quality. The models converge in a tight band (2.15 MYR to 2.17 MYR), unusually little disagreement for a valuation.
Key figures of Master Pack Group Bhd
How large is the market capitalisation of Master Pack Group Bhd (7029)?
The market capitalisation of Master Pack Group Bhd is 90.1M MYR (≈ $22.1M). 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 Master Pack Group Bhd (7029)?
The price-to-sales ratio of Master Pack Group Bhd is 1.30 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Master Pack Group Bhd (7029)?
Earnings per share at Master Pack Group Bhd are 0.0600 MYR (price ÷ EPS = P/E 27.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Master Pack Group Bhd (7029)?
The dividend yield of Master Pack Group Bhd is 2.4% (payout 66.7%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Master Pack Group Bhd (7029)?
The net margin of Master Pack Group Bhd is 4.7% (fiscal year 2025). 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 Master Pack Group Bhd (7029)?
The return on equity (ROE) of Master Pack Group Bhd is 1.9% (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 Master Pack Group Bhd (7029)?
On an EBIT basis the return on assets of Master Pack Group Bhd is 11.1% (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 Master Pack Group Bhd (7029)?
The operating margin of Master Pack Group Bhd is 4.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Master Pack Group Bhd (7029)?
Revenue at Master Pack Group Bhd is growing −30.4% versus a year earlier (3y avg −14.2%). 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 Master Pack Group Bhd (7029)?
Earnings per share at Master Pack Group Bhd are growing −72.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Master Pack Group Bhd (7029) carry?
The net debt of Master Pack Group Bhd is 6.0M MYR (fiscal year 2018, ≈ 0.4 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 Master Pack Group Bhd in the live analysis
One click puts Master Pack Group Bhd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
