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SKB Shutters Corporation (7115) Fair Value & Analysis

Industrials · MY · Market cap 177M MYR

SS SKB Shutters Corporation 7115 · KLSE
Price1.11 MYR
Fair Value0.4671 MYR
Upside-57.9%
Quality44/100
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Mixed Growth
Highly profitable · 24.0% net margin
Low debt · generates free cash flow
8.70% dividend yield
Ranks above peers (11/14)
Wide moat 78/100
Evidence: High Range 0.2678 MYR – 0.8062 MYR Share as image

Fair value as of: Jul 20, 2026

From 26 valuation models · updated 21 days ago

Share price +19.4% over the past month.

Below-average quality, and screening another 58% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.8062 MYR). The favourable scenario is already priced in.
  • Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The model range is unusually wide (0.2678 MYR to 0.8062 MYR). The outcome hinges heavily on assumptions, so read the point estimate with caution.
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Price vs Fair Value (5 years)

1.11 MYR 0.2056 MYR Fair Value 0.4671 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 20, 2026.

How to read this chart

60‑month range 0.2056 MYR – 1.11 MYR · fair‑value band 0.2678 MYR – 0.8062 MYR · the 1.11 MYR price screens above the 0.4671 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 20, 2026.

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Analysis

SKB Shutters Corporation (7115) currently trades at 1.11 MYR, while our model-based Fair Value estimate is 0.4671 MYR, implying the stock looks roughly 57.9% overvalued today. The Quality Score stands at 44/100 (below-average quality), in the Industrials 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, SKB Shutters Corporation generated revenue of 147M MYR at a net margin of 24.0%. Revenue grew 20.4% year over year. It earns a return on equity of 19.3%. Net debt stands at 76.3M MYR. Fundamentals as of Jul 20, 2026

Our scenario range runs from 0.2678 MYR (bear case) to 0.8062 MYR (bull case); at 1.11 MYR, the current price sits above 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 near its 52-week high and 64% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -72% fair-value upside, at -58%, 7115 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 0.2700 MYR 0.4900 MYR 0.7700 MYR 80
Residual Income 0.8100 MYR 0.9400 MYR 1.63 MYR 76
Rev-Margin DCF 0.4500 MYR 0.9300 MYR 1.51 MYR 74
All 26 models by family
DCF Models
FCF DCF 0.2700 MYR 0.5200 MYR 0.8400 MYR 38
Owner Earnings 0.3300 MYR 0.6100 MYR 0.9800 MYR 31
5Y Revenue Exit 0.4500 MYR 0.9400 MYR 1.58 MYR 39
5Y EBITDA Exit 0.9900 MYR 1.99 MYR 3.20 MYR 41
5Y P/E Exit 1.03 MYR 2.06 MYR 3.19 MYR 38
10Y Revenue Exit 0.3400 MYR 0.7300 MYR 1.28 MYR 36
10Y EBITDA Exit 0.6600 MYR 1.36 MYR 2.37 MYR 37
10Y P/E Exit 0.6800 MYR 1.41 MYR 2.36 MYR 35
Earnings-Based
Graham-Dodd 0.9000 MYR 3.33 MYR 4.50 MYR 54
Lynch FV 0.8000 MYR 1.14 MYR 1.48 MYR 50
PEG = 1.0 0.8000 MYR 1.14 MYR 1.48 MYR 46
EPV 0.9000 MYR 1.04 MYR 1.15 MYR 59
Dividend Discount
Gordon GGM 0.2800 MYR 0.4700 MYR 0.6100 MYR 70
DDM Multi-Stage 0.2800 MYR 0.4400 MYR 0.5000 MYR 61
Multiples
P/E Multiple 2.09 MYR 2.79 MYR 3.48 MYR 63
P/S Multiple 1.06 MYR 1.42 MYR 1.77 MYR 58
P/B Multiple 1.69 MYR 2.25 MYR 2.82 MYR 55
EV/EBIT 2.05 MYR 2.82 MYR 3.59 MYR 53
EV/EBITDA 1.75 MYR 2.42 MYR 3.09 MYR 54
EV/Revenue 0.6300 MYR 1.01 MYR 1.39 MYR 43
Asset-Based
NCAV (Graham) 0.4600 MYR 0.6100 MYR 0.9200 MYR 50
Growth DCF
Growth DCF 0.2700 MYR 0.4900 MYR 0.7700 MYR 80
Rev-Margin DCF 0.4500 MYR 0.9300 MYR 1.51 MYR 74
Economic Profit
Residual Income 0.8100 MYR 0.9400 MYR 1.63 MYR 76
ROIC Compounder 0.9000 MYR 1.11 MYR 1.36 MYR 72
Growth Earnings
Growth-Adj P/E 1.49 MYR 2.13 MYR 2.77 MYR 68

Widest divergence: Multiples (2.25 MYR) versus Dividend Discount (0.4400 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 147M MYR
Revenue growth (YoY) +20.4%
Net margin 24.0%
Return on equity 19.3%
Free cash flow 12.0M MYR FY2025
P/E ratio 4.8
More key figures
Operating margin 35.6%
EPS (TTM) 0.1900 MYR
Dividend yield 8.7%
EPS growth (YoY) +78.4%
Net debt 76.3M MYR FY2025

Figures from reported company fundamentals · as of Jul 20, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 44 · Market factors (momentum, volatility) 87

Profitability 50
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 46
Earnings quality: real cash, not paper profit
Fin. Strength 66
Balance sheet, leverage, solvency risk
Investment 14
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 88
Price trend over the last 3–12 months (market factor)
52W Momentum 100
Distance to the 52-week high (market factor)
Net Issuance 0
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

SKB Shutters Corporation Berhad, an investment holding company, engages in the manufacture, sale, and trade of roller shutters, racking systems, storage systems, and related steel products in Malaysia, rest of Asia, Oceania, the Middle East, and internationally.

Full company description

SKB Shutters Corporation Berhad, an investment holding company, engages in the manufacture, sale, and trade of roller shutters, racking systems, storage systems, and related steel products in Malaysia, rest of Asia, Oceania, the Middle East, and internationally. It offers aluminum, double-wall, fire resistance, and lightweight greaseless roller shutters; automatic reset for fire shutters; motorized shutters DC motor; motorized shutters safety beam sensors; powerless auto lift up safety; roller grille; roller shutter with swing doors; safety arrester brakes; back-up batteries; wireless remote controls; and heavy duty, insulated fire, horizontal fire-rated, lateral sliding pathwinder, outdoor heavy duty design, powerless fail-safe flood, roller grille and see-thru, security staircase, and transparent shutters. The company also provides fold up, spiral, safety and self-repairing PVC roll up, blast resistant steel, non-fire rated steel, and insulated fire-rated steel doors; and sanigate, a mobile disinfection chamber. In addition, it offers storage racking systems, including easy slide mobile racking, automated storage and retrieval, modular shelving, boltless racking, cantilever racking, longspan shelving, multi-tiers/raised storage, pallet flow rack, push back pallet racking, aisle pallet racking, drive-in pallet racking, double-deep pallet racking, speedrack/DIY shelving, and selective pallet racking systems, as well as integrated warehouse solutions. SKB Shutters Corporation Berhad was founded in 1957 and is headquartered in Petaling Jaya, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SKB Shutters Corporation reported revenue of 138M MYR in FY2025 versus 64.4M MYR in FY2021, a compound +20.9%/yr. Reported net income was 25.8M MYR in FY2025, compounding +50.5%/yr from FY2021.

Growth Quality 91/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
138M MYR
Latest YoY
+19.0%
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.
+22.7%
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.
+15.7%
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.
+6.3%
Revenue +20.9%/yr
FY21 64.4M MYR
FY22 74.5M MYR
FY23 112M MYR
FY24 116M MYR
FY25 138M MYR
Net income +50.5%/yr
FY21 5.0M MYR
FY22 9.6M MYR
FY23 15.0M MYR
FY24 16.4M MYR
FY25 25.8M MYR

7115 screens 58% overvalued. Compare with Carpenter Technology Corporation →

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Cite: Fair Value Calculator (2026). "SKB Shutters Corporation Fair Value". https://www.fairvalue-calculator.com/stock/7115

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 44 · Below median
Fair Value upside −58% · Bottom 25%
Return on equity (TTM) 19% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) 24% · Top 25%
Operating margin (TTM) 36% · Top 25%
Revenue growth 20% · Above median
Dividend yield (TTM) 8.7% · Top 25%
Debt / equity 0.31× · Higher than 75% of peers

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 4.8× · Cheaper than 75% of peers
P/B 0.24× · Cheaper than 75% of peers
P/S (TTM) 0.29× · Cheaper than 75% of peers
P/FCF 3.6× · Cheaper than median
EV/EBITDA 1.9× · Cheaper than 75% of peers

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 0 · sector 0
FUTURE 100 · sector 37
PAST 77 · sector 21
HEALTH 84 · sector 95
DIVIDEND 100 · sector 25

VALUE 0: the price sits above our fair-value range.

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 SKB Shutters Corporation (7115) overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 0.4671 MYR versus a price of 1.11 MYR, about −58% (overvalued).
What is the fair value of 7115?
Our model-based fair value for SKB Shutters Corporation is 0.4671 MYR (as of Jul 20, 2026), built from audited fundamentals. The current price is 1.11 MYR.
What is the quality score of 7115?
SKB Shutters Corporation has a Quality Score of 44/100. 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 SKB Shutters Corporation (7115)?
SKB Shutters Corporation reported trailing-twelve-month revenue of about 147M MYR (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 7115?
The net profit margin of SKB Shutters Corporation is about 24.0%, meaning it keeps roughly 24.0% of revenue as net income. Based on the latest reported figures.
Does SKB Shutters Corporation pay a dividend?
SKB Shutters Corporation currently shows a dividend yield of about 2.58% relative to its recent price (as of Jul 20, 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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