Thong Guan Industries Berhad, an investment holding company, (7034) Fair Value & Analysis
Consumer Cyclical · MY · Market cap 552M MYR
Fair value as of: Jul 19, 2026
From 25 valuation models · updated 22 days ago
Fair value updated Jul 19, 2026, revised from 2.78 MYR to 2.80 MYR (+0.7%) since Jun 25, 2026. Share price +9.4% over the past month.
A solid business, screening 84% undervalued on our models.
What matters now
- The price is below even our cautious bear case (2.10 MYR). The market is more pessimistic than our downside scenario.
- Solid quality (64/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 19, 2026.
How to read this chart
60‑month range 0.9265 MYR – 2.52 MYR · fair‑value band 2.10 MYR – 3.50 MYR · the 1.52 MYR price screens below the 2.80 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 19, 2026.
Analysis
Thong Guan Industries Berhad, an investment holding company, (7034) currently trades at 1.52 MYR, while our model-based Fair Value estimate is 2.80 MYR, implying the stock looks roughly 84.2% undervalued today. The Quality Score stands at 64/100 (solid quality), in the Consumer Cyclical 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, Thong Guan Industries Berhad, an investment holding company, generated revenue of 1.2B MYR at a net margin of 5.5%. Revenue declined 0.5% year over year. It earns a return on equity of 6.5%. The balance sheet holds a net cash position of 155M MYR. Fundamentals as of Jul 19, 2026
Our scenario range runs from 2.10 MYR (bear case) to 3.50 MYR (bull case); at 1.52 MYR, the current price sits below 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 10% below its 52-week high and 49% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -22% fair-value upside, at 84%, 7034 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.
All 25 models by family
Widest divergence: Growth DCF (3.79 MYR) versus Dividend Discount (0.5300 MYR). Highest evidence: Growth DCF (80).
Notify me when 7034 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 64 · Market factors (momentum, volatility) 74
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
Thong Guan Industries Berhad, an investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products in Malaysia, other Asian countries, Oceania, Europe, North America, and internationally.
Full company description
Thong Guan Industries Berhad, an investment holding company, manufactures and trades in plastic products and packaged food, beverages, and other consumable products in Malaysia, other Asian countries, Oceania, Europe, North America, and internationally. The company operates through Plastic Products; and Food, Beverages, and Other Consumable Products segments. Its products include bottom seal poly bags, side seal with adhesive tape and drum seal, garbage bags, bags and sheets perforated on roll, produce roll, punch and pin hole, non-entrapment seal, apron, header block, carry and shopping bags, laminated barrier films, form-fill seal sheet, and collation shrink films for industrial and commercial use; tinted food wraps; and additives, such as calcium carbonate, color masterbatches, and polymer processing aid. The company also manufactures and trades in tea, coffee, and other related products, as well as flour-based dried and steamed noodles. In addition, it is involved in the manufacturing, selling, and trading of film blown plastic products; wholesale of rice; trading of petroleum products; and operation of research and development center for plastic packaging industry. Further, it offers IPAK5, an IoT solution, used in packaging and safety capacity. The company serves the food and beverages, industrial and packaging, transport and logistics, waste and energy, retail and ecommerce, consumer packaging, and hygiene and medical industries. Thong Guan Industries Berhad was founded in 1942 and is headquartered in Sungai Petani, Malaysia.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
Thong Guan Industries Berhad, an investment holding company, reported revenue of 1.2B MYR in FY2025 versus 1.2B MYR in FY2021, a compound −0.3%/yr. Reported net income was 64.0M MYR in FY2025, compounding −8.9%/yr from FY2021.
of which total revenue +6.1 pp · buybacks/dilution −4.8 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
Watch 7034: get an alert when its fair value changes →
Peer Group
Packaging & Containers · 272 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.
Valuation Multiples vs Packaging & Containers median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Jul 19, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Stora Enso Oyj STER | kr 101.90 | kr 126.39 | +24% |
| ShenZhen YUTO Packaging Technology Co 002831 | ¥29.10 | ¥20.88 | -28% |
| SCG Packaging Public Company SCGP | 29.00 THB | 16.12 THB | -44% |
| AblePrint Technology Co 7734 | 2,850 TWD | 661.69 TWD | -77% |
| PT Fajar Surya Wisesa Tbk, FASW | 5,312 IDR | 1,194 IDR | -78% |
| Taiwan Hon Chuan Enterprise Co 9939 | 132.50 TWD | 127.06 TWD | -4% |
| Time Technoplast Limited TIMETECHNO | ₹206.82 | ₹161.42 | -22% |
| EPL Limited 500135 | ₹222.25 | ₹111.65 | -50% |
| Ton Yi Industrial Corp 9907 | 15.15 TWD | 23.17 TWD | +53% |
| Dongwon Systems Corporation 014820 | 19,330 KRW | 31,473 KRW | +63% |
Compare Thong Guan Industries Berhad, an investment holding company, with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Consumer Cyclical stocks →
Frequently asked questions
Is Thong Guan Industries Berhad, an investment holding company, (7034) overvalued or undervalued?
What is the fair value of 7034?
What is the quality score of 7034?
What is the revenue of Thong Guan Industries Berhad, an investment holding company, (7034)?
What is the net profit margin of 7034?
Does Thong Guan Industries Berhad, an investment holding company, pay a dividend?
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.
Track Thong Guan Industries Berhad, an investment holding company, and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.