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Unimech Group (7091) Fair Value & Analysis

Industrials · MY · Market cap 203M MYR

UG Unimech Group 7091 · KLSE
Price1.36 MYR
Fair Value2.74 MYR
Upside+101.4%
Quality64/100
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Healthy Growth
Thin margins · 7.4% net margin
Low debt · generates free cash flow
3.92% dividend yield
Ranks above peers (12/13)
Moderate moat 45/100
Evidence: High Range 1.89 MYR – 3.65 MYR Share as image

Fair value as of: Jul 19, 2026

From 25 valuation models · updated 22 days ago

Fair value updated Jul 19, 2026, revised from 3.10 MYR to 2.74 MYR (−11.7%) since Jun 25, 2026. Share price +0.1% over the past month.

A solid business, screening 101% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (1.89 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.
  • A fairly wide model range (1.89 MYR to 3.65 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

1.76 MYR 0.7807 MYR Fair Value 2.74 MYR Jul 2019 Aug 2026

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 0.7807 MYR – 1.76 MYR · fair‑value band 1.89 MYR – 3.65 MYR · the 1.36 MYR price screens below the 2.74 MYR fair value. Dashed = 300-day average. As of Jul 19, 2026.

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Analysis

Unimech Group (7091) currently trades at 1.36 MYR, while our model-based Fair Value estimate is 2.74 MYR, implying the stock looks roughly 101.4% undervalued today. The Quality Score stands at 64/100 (solid quality), in the Industrials 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, Unimech Group generated revenue of 335M MYR at a net margin of 7.4%. Revenue grew 4.2% year over year. It earns a return on equity of 7.7%. Net debt stands at 24.7M MYR. Fundamentals as of Jul 19, 2026

Our scenario range runs from 1.89 MYR (bear case) to 3.65 MYR (bull case); at 1.36 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 9% below its 52-week high and 7% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -72% fair-value upside, at 101%, 7091 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.

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 1.69 MYR 2.06 MYR 2.46 MYR 80
Residual Income 1.73 MYR 1.75 MYR 1.67 MYR 76
Rev-Margin DCF 2.32 MYR 3.46 MYR 4.65 MYR 74
All 25 models by family
DCF Models
FCF DCF 1.67 MYR 2.07 MYR 2.53 MYR 38
Owner Earnings 0.9700 MYR 1.18 MYR 1.42 MYR 31
5Y Revenue Exit 2.32 MYR 3.44 MYR 4.82 MYR 39
5Y EBITDA Exit 2.64 MYR 4.01 MYR 5.52 MYR 41
5Y P/E Exit 2.15 MYR 3.16 MYR 4.14 MYR 38
10Y Revenue Exit 1.94 MYR 2.78 MYR 3.80 MYR 36
10Y EBITDA Exit 2.17 MYR 3.11 MYR 4.23 MYR 37
10Y P/E Exit 1.92 MYR 2.62 MYR 3.38 MYR 35
Earnings-Based
Graham-Dodd 1.17 MYR 2.47 MYR 3.13 MYR 54
PEG = 1.0 0.3700 MYR 0.5300 MYR 0.6900 MYR 46
EPV 1.86 MYR 2.06 MYR 2.22 MYR 59
Dividend Discount
Gordon GGM 0.3300 MYR 0.4400 MYR 0.5500 MYR 70
DDM Multi-Stage 0.3300 MYR 0.4300 MYR 0.5200 MYR 61
Multiples
P/E Multiple 2.71 MYR 3.61 MYR 4.51 MYR 63
P/S Multiple 2.19 MYR 2.92 MYR 3.65 MYR 58
P/B Multiple 2.19 MYR 2.92 MYR 3.65 MYR 55
EV/EBIT 4.33 MYR 5.70 MYR 7.08 MYR 53
EV/EBITDA 3.95 MYR 5.20 MYR 6.44 MYR 54
EV/Revenue 3.06 MYR 4.28 MYR 5.50 MYR 43
Asset-Based
NCAV (Graham) 1.18 MYR 1.58 MYR 2.36 MYR 50
Growth DCF
Growth DCF 1.69 MYR 2.06 MYR 2.46 MYR 80
Rev-Margin DCF 2.32 MYR 3.46 MYR 4.65 MYR 74
Economic Profit
Residual Income 1.73 MYR 1.75 MYR 1.67 MYR 76
ROIC Compounder 1.86 MYR 2.06 MYR 2.22 MYR 72
Growth Earnings
Growth-Adj P/E 1.99 MYR 2.84 MYR 3.70 MYR 68

Widest divergence: Multiples (3.61 MYR) versus Dividend Discount (0.4300 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 335M MYR
Revenue growth (YoY) +4.2%
Net margin 7.4%
Return on equity 7.7%
Free cash flow 27.7M MYR FY2025
P/E ratio 8.2
More key figures
Operating margin 9.9%
EPS (TTM) 0.1700 MYR
Dividend yield 3.9%
EPS growth (YoY) -13.1%
Net debt 24.7M MYR FY2025

Figures from reported company fundamentals · as of Jul 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 63 · Market factors (momentum, volatility) 54

Profitability 41
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 69
Balance sheet, leverage, solvency risk
Investment 83
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 42
Price trend over the last 3–12 months (market factor)
52W Momentum 45
Distance to the 52-week high (market factor)
Net Issuance 84
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

Unimech Group Berhad, an investment holding company, engages in the system design, fabrication, installation, and maintenance of boilers, combustion and engineering equipment, and piping systems in Malaysia, Australia, Indonesia, Singapore, the People's Republic of China, Thailand, Vietnam, the United States, and internationally.

Full company description

Unimech Group Berhad, an investment holding company, engages in the system design, fabrication, installation, and maintenance of boilers, combustion and engineering equipment, and piping systems in Malaysia, Australia, Indonesia, Singapore, the People's Republic of China, Thailand, Vietnam, the United States, and internationally. It operates through Valves, Instrumentation and Fittings; Electronic; Pumps; and Other segments. It offers valves, strainers, ranges, pipe fittings, steel flanges, and related products; designs, fabricates, and deals in industrial electronic automation control systems; and chemical pumps, rubber flexible joint and mold products, pressure gauges, thermometers, and metal stamped parts and die casting products. The company also fabricates and installs automation instruments and control panels; supplies and installs insulation materials, valves, and other engineering components; trades in and supplies sanitary and kitchen products and pneumatic components; instruments and control equipment; engineering and combustion equipment; burners; level switches and gauges; electronic components; and automative machines and spare parts. In addition, it engages in design, fabrication, installation, restoration, commissioning, and trading of pipelines and equipment, engineering hardware, and components for water, oil, and gas industries; development and marketing of automation solutions and precision machinery; general contracting service for building; marine and sanitary equipment services; provision of management and accounting services; engages in solar photovoltaic business and thermal products and subcontractor for thermal engineering works; and spraying, coating, wet spraying, powder coating, and silk screening services. It serves oil and gas, water works, marine and ship building, food, beverage, pharmaceutical, steam, petrochemical, and fire protection industries. The company was incorporated in 1996 and is based in Butterworth, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Unimech Group reported revenue of 330M MYR in FY2025 versus 289M MYR in FY2021, a compound +3.4%/yr. Reported net income was 25.1M MYR in FY2025, compounding +1.2%/yr from FY2021.

Growth Quality 69/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
330M MYR
Latest YoY
+2.9%
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.
−0.3%
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.
+4.9%
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.
+3.2%
Revenue +3.4%/yr
FY21 289M MYR
FY22 333M MYR
FY23 331M MYR
FY24 321M MYR
FY25 330M MYR
Net income +1.2%/yr
FY21 23.9M MYR
FY22 31.4M MYR
FY23 29.6M MYR
FY24 21.1M MYR
FY25 25.1M MYR

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Cite: Fair Value Calculator (2026). "Unimech Group Fair Value". https://www.fairvalue-calculator.com/stock/7091

Peer Group

Metal Fabrication · 243 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 64 · Top 25%
Fair Value upside +101% · Top 25%
Return on equity (TTM) 8% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth 4% · Below median
Dividend yield (TTM) 3.9% · Top 25%
Debt / equity 0.09× · Lower than median

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 8.2× · Cheaper than 75% of peers
P/B 0.14× · Cheaper than 75% of peers
P/S (TTM) 0.15× · Cheaper than 75% of peers
P/FCF 1.8× · Cheaper than median

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 100 · sector 0
FUTURE 21 · sector 37
PAST 31 · sector 21
HEALTH 96 · sector 95
DIVIDEND 78 · sector 25

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.

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Frequently asked questions

Is Unimech Group (7091) overvalued or undervalued?
As of Jul 19, 2026, our model estimates a fair value of 2.74 MYR versus a price of 1.36 MYR, about +101% (undervalued).
What is the fair value of 7091?
Our model-based fair value for Unimech Group is 2.74 MYR (as of Jul 19, 2026), built from audited fundamentals. The current price is 1.36 MYR.
What is the quality score of 7091?
Unimech Group 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 revenue of Unimech Group (7091)?
Unimech Group reported trailing-twelve-month revenue of about 335M MYR (latest available figure, as of Jul 19, 2026).
What is the net profit margin of 7091?
The net profit margin of Unimech Group is about 7.4%, meaning it keeps roughly 7.4% of revenue as net income. Based on the latest reported figures.
Does Unimech Group pay a dividend?
Unimech Group currently shows a dividend yield of about 3.78% relative to its recent price (as of Jul 19, 2026).

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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