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Top Glove Corporation (7113) Fair Value & Analysis

Healthcare · MY · Market cap 6.6B MYR

TG Top Glove Corporation 7113 · KLSE
Price0.6900 MYR
Fair Value0.3500 MYR
Upside-49.3%
Quality60/100
Evidence: High Range 0.2600 MYR – 0.4400 MYR

Fair value as of: Jun 24, 2026

From 26 valuation models · updated 7 days ago

Fair value updated Jun 24, 2026 — revised from 0.3600 MYR to 0.3500 MYR (−2.8%) since Jun 23, 2026. Share price −14.9% over the past month.

Price vs Fair Value (12 months)

0.8612 MYR 0.5490 MYR Fair Value 0.3500 MYR Jun 2025 Jul 2026

12‑month range 0.5490 MYR – 0.8612 MYR · fair‑value band 0.2600 MYR – 0.4400 MYR · the 0.6900 MYR price screens above the 0.3500 MYR fair value. As of Jun 24, 2026.

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Analysis

Top Glove Corporation (7113) currently trades at 0.6900 MYR, while our model-based Fair Value estimate is 0.3500 MYR — implying the stock looks roughly 49.3% overvalued today. We read business quality at 60/100 (solid quality), in the Healthcare 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).

Over the trailing twelve months, Top Glove Corporation generated revenue of 3.6B MYR at a net margin of 3.9%. Revenue grew 13.7% year over year. It earns a return on equity of 2.9%. Net debt stands at 551M MYR. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 3.6B MYR
Revenue growth (YoY) +13.7%
Net margin 3.9%
Return on equity 2.9%
Free cash flow 145M MYR FY2025
P/E ratio 41.3
More key figures
Operating margin 4.5%
EPS (TTM) 0.0200 MYR
Dividend yield 0.6%
EPS growth (YoY) +0.6%
Net debt 551M MYR FY2025

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Top Glove Corporation Bhd., an investment holding company, engages in the manufacture, trade, and sale of gloves in Malaysia, Thailand, the People's Republic of China, and internationally. It offers nitrile, latex, surgical, rubber, examination, medical, and vinyl gloves; concentrate and synthetic latex, formers, chemicals and chemical compounds, rubber dental dams, exercise bands, condoms, and rubber related products; packaging materials, boxes, and cartons; and disposable and medical face masks, engineering parts and rubber glove machinery, functional fillers, healthcare products, and home care and personal care products. The company also provides property investment and consultancy services, and electrical engineering works; clinical and specialist medical services; analytical, medical related consultancy, emergency medical, advisory, accommodation, management and trading, and value added services; financial and treasury services; management services in plantation sector; …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Top Glove Corporation reported revenue of 3.5B MYR in FY2025 versus 16.4B MYR in FY2021, a compound −32.0%/yr. Reported net income was 128M MYR in FY2025, compounding −64.1%/yr from FY2021.

Revenue −32.0%/yr
FY21 16.4B MYR
FY22 5.6B MYR
FY23 2.3B MYR
FY24 2.5B MYR
FY25 3.5B MYR
Net income −64.1%/yr
FY21 7.8B MYR
FY22 276M MYR
FY23 −879M MYR
FY24 −18.3M MYR
FY25 128M MYR

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HOYA Corporation HOCPY $168.16 $96.16 -43%
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Frequently asked questions

Is Top Glove Corporation (7113) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 0.3500 MYR versus a price of 0.6900 MYR — about −49% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 7113?
Our model-based fair value for Top Glove Corporation is 0.3500 MYR (as of Jun 24, 2026), built from audited fundamentals. The current price is 0.6900 MYR.
What is the quality score of 7113?
Top Glove Corporation has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Top Glove Corporation (7113)?
Top Glove Corporation reported trailing-twelve-month revenue of about 3.6B MYR (latest available figure, as of Jun 24, 2026).
What is the net profit margin of 7113?
The net profit margin of Top Glove Corporation is about 3.9%, meaning it keeps roughly 3.9% of revenue as net income. Based on the latest reported figures.
Does Top Glove Corporation pay a dividend?
Top Glove Corporation currently shows a dividend yield of about 0.59% relative to its recent price (as of Jun 24, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.