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Niche Capital Emas Holdings (7139) Fair Value & Analysis

Industrials · MY · Market cap 109M MYR

NC Niche Capital Emas Holdings 7139 · KLSE
Price0.0900 MYR
Fair Value0.0270 MYR
Upside-70.0%
Quality16/100
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Weak Growth
Loss-making · -19.4% net margin
Low debt · negative free cash flow
Trails peers (3/11)
Narrow moat 8/100
Evidence: Low Range 0.0180 MYR – 0.0270 MYR Share as image

Fair value as of: Jul 14, 2026

From 1 valuation models · updated 27 days ago

Fair value updated Jul 14, 2026, revised from 0.0320 MYR to 0.0270 MYR (−15.6%) since Jun 26, 2026. Share price −5.3% over the past month.

Below-average quality, and screening another 70% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.0270 MYR). The favourable scenario is already priced in.
  • Weak quality (16/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
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Price vs Fair Value (5 years)

0.2650 MYR 0.0800 MYR Fair Value 0.0270 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range 0.0800 MYR – 0.2650 MYR · fair‑value band 0.0180 MYR – 0.0270 MYR · the 0.0900 MYR price screens above the 0.0270 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

Full chart & analysis →

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Analysis

Niche Capital Emas Holdings (7139) currently trades at 0.0900 MYR, while our model-based Fair Value estimate is 0.0270 MYR, implying the stock looks roughly 70.0% overvalued today. The Quality Score stands at 16/100 (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: low).

Over the trailing twelve months, Niche Capital Emas Holdings generated revenue of 20.3M MYR at a net margin of -19.4%. Revenue grew 199.4% year over year. It earns a return on equity of -4.5%. Fundamentals as of Jul 14, 2026

Our scenario range runs from 0.0180 MYR (bear case) to 0.0270 MYR (bull case); at 0.0900 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 about 40% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -70%, 7139 screens richer 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
NCAV (Graham) 0.0300 MYR 0.0500 MYR 0.0700 MYR 50
All 1 models by family
Asset-Based
NCAV (Graham) 0.0300 MYR 0.0500 MYR 0.0700 MYR 50

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Key figures & financial health

Revenue (TTM) 20.3M MYR
Revenue growth (YoY) +199%
Net margin -19.4%
Return on equity -4.5%
Free cash flow −17.3M MYR FY2022
Operating margin 1.3%
More key figures
EPS (TTM) -0.0100 MYR

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 16/100

Of which business quality 22 · Market factors (momentum, volatility) 36

Profitability 0
Margins and returns on capital today
Quality Growth 31
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 79
Balance sheet, leverage, solvency risk
Investment 7
Disciplined investing over empire-building
Low Volatility 52
Calm price path (market factor)
Momentum 36
Price trend over the last 3–12 months (market factor)
52W Momentum 18
Distance to the 52-week high (market factor)
Net Issuance 7
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

Niche Capital Emas Holdings Berhad, an investment holding company, engages in the construction and services, trading, and mining businesses in Malaysia.

Full company description

Niche Capital Emas Holdings Berhad, an investment holding company, engages in the construction and services, trading, and mining businesses in Malaysia. It is involved in the processing, wholesale, trading, and sale of jewellery and precious stones; distribution and sales of finished jewellery products; sale of precious metals; construction contracts services; property related business; and project management activities. The company also engages in the exploration of minerals; and mining and related businesses. Niche Capital Emas Holdings Berhad was incorporated in 2000 and is based in Petaling Jaya, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Niche Capital Emas Holdings reported revenue of 7.8M MYR in FY2025 versus 16.5M MYR in FY2021, a compound −17.1%/yr. Reported net income was −11.7M MYR in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
7.8M MYR
Latest YoY
−64.7%
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.
−23.2%
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.
−5.3%
Avg. growth/yr (12Y) 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.
−8.6%
Revenue −17.1%/yr
FY21 16.5M MYR
FY22 17.2M MYR
FY23 29.4M MYR
FY24 22.1M MYR
FY25 7.8M MYR
Net income
FY21 −2.5M MYR
FY22 −9.0M MYR
FY23 −6.6M MYR
FY24 −12.4M MYR
FY25 −11.7M MYR

7139 screens 70% overvalued. Compare with Larsen & Toubro Limited →

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Cite: Fair Value Calculator (2026). "Niche Capital Emas Holdings Fair Value". https://www.fairvalue-calculator.com/stock/7139

Peer Group

Engineering & Construction · 839 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 22 · Bottom 25%
Fair Value upside −67% · Bottom 25%
Return on assets -2% · Bottom 25%
Net margin (TTM) -19% · Bottom 25%
Operating margin (TTM) 1% · Below median
Revenue growth 199% · Top 25%

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/B 0.34× · Cheaper than 75% of peers
P/S (TTM) 1.32× · Pricier than median
EV/EBITDA 23.9× · Pricier 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 16
FUTURE 100 · sector 17
PAST 0 · sector 26
HEALTH 100 · sector 94
DIVIDEND 0 · sector 33

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.

Similar stocks

10 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 14, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is Niche Capital Emas Holdings (7139) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of 0.0270 MYR versus a price of 0.0900 MYR, about −70% (overvalued).
What is the fair value of 7139?
Our model-based fair value for Niche Capital Emas Holdings is 0.0270 MYR (as of Jul 14, 2026), built from audited fundamentals. The current price is 0.0900 MYR.
What is the quality score of 7139?
Niche Capital Emas Holdings has a Quality Score of 16/100. 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 Niche Capital Emas Holdings (7139)?
Niche Capital Emas Holdings reported trailing-twelve-month revenue of about 20.3M MYR (latest available figure, as of Jul 14, 2026).
What is the net profit margin of 7139?
The net profit margin of Niche Capital Emas Holdings is about -19.4%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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