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AE Multi Holdings (7146) Fair Value & Analysis

Technology · MY · Market cap 10.8M MYR

AM AE Multi Holdings 7146 · KLSE
Price0.0500 MYR
Fair Value0.0520 MYR
Upside+4.0%
Quality43/100
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Weak Growth
Loss-making · -5.0% net margin
Low debt · negative free cash flow
Mixed vs. peers (4/10)
Narrow moat 18/100
Evidence: Low Range 0.0428 MYR – 0.0606 MYR Share as image

Fair value as of: Jul 12, 2026

From 6 valuation models · updated 29 days ago

Fair value updated Jul 12, 2026, revised from 0.1620 MYR to 0.0520 MYR (−67.9%) since Jun 26, 2026.

Below-average quality, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

2.16 MYR 0.0350 MYR Fair Value 0.0520 MYR Oct 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 12, 2026.

How to read this chart

60‑month range 0.0350 MYR – 2.16 MYR · fair‑value band 0.0428 MYR – 0.0606 MYR · the 0.0500 MYR price screens below the 0.0520 MYR fair value. Dashed = 300-day average. As of Jul 12, 2026.

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Analysis

AE Multi Holdings (7146) currently trades at 0.0500 MYR, while our model-based Fair Value estimate is 0.0520 MYR, implying the stock looks roughly 4.0% fairly valued today. The Quality Score stands at 43/100 (below-average quality), in the Technology 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: low), always confirm before acting.

Over the trailing twelve months, AE Multi Holdings generated revenue of 68.7M MYR at a net margin of -5.0%. Revenue declined 58.6% year over year. It earns a return on equity of -5.0%. Net debt stands at 28.9M MYR. Fundamentals as of Jul 12, 2026

Our scenario range runs from 0.0428 MYR (bear case) to 0.0606 MYR (bull case); at 0.0500 MYR, the current price sits within 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 33% below its 52-week high and 43% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at 4%, 7146 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
ROIC Compounder 0.0100 MYR 0.0200 MYR 0.0200 MYR 72
EPV 0.0100 MYR 0.0200 MYR 0.0200 MYR 59
EV/EBITDA 0.4400 MYR 0.5800 MYR 0.7200 MYR 54
All 6 models by family
Earnings-Based
EPV 0.0100 MYR 0.0200 MYR 0.0200 MYR 59
Multiples
EV/EBIT 0.0300 MYR 0.0300 MYR 0.0400 MYR 53
EV/EBITDA 0.4400 MYR 0.5800 MYR 0.7200 MYR 54
EV/Revenue 0.0200 MYR 0.0200 MYR 0.0300 MYR 43
Asset-Based
NCAV (Graham) 0.1000 MYR 0.1300 MYR 0.1900 MYR 50
Economic Profit
ROIC Compounder 0.0100 MYR 0.0200 MYR 0.0200 MYR 72

Widest divergence: Asset-Based (0.1300 MYR) versus Earnings-Based (0.0200 MYR). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 68.7M MYR
Revenue growth (YoY) -58.6%
Net margin -5.0%
Return on equity -5.0%
Free cash flow −1.3M MYR FY2025
Operating margin -103%
More key figures
EPS (TTM) -0.0100 MYR
Net debt 28.9M MYR FY2025

Figures from reported company fundamentals · as of Jul 12, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 43/100

Of which business quality 40 · Market factors (momentum, volatility) 52

Profitability 10
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 20
Earnings quality: real cash, not paper profit
Fin. Strength 25
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 49
Distance to the 52-week high (market factor)
Net Issuance 90
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

AE Multi Holdings Berhad, an investment holding company, manufactures and sells printed circuit boards (PCBs) and related products in Malaysia and Thailand. The company operates through five segments: Manufacturing; Glove Manufacturing Solutions Business; Trading of Construction Materials; General Construction; and Investment and Other segments.

Full company description

AE Multi Holdings Berhad, an investment holding company, manufactures and sells printed circuit boards (PCBs) and related products in Malaysia and Thailand. The company operates through five segments: Manufacturing; Glove Manufacturing Solutions Business; Trading of Construction Materials; General Construction; and Investment and Other segments. It is also involved in sourcing and reselling of the PCB; construction, renovation, and sourcing and reselling of building materials and solar related materials; and designing, fabricating, installing, testing, commissioning, trading, and marketing of any types of machineries, as well as offers electronic and telecommunication components and related products. In addition, the company offers technical services; project management services; and real property, housing development, and buildings construction activities. Further, it engages in the engineering, procurement, construction, and commission on a turnkey basis of glove production line; and provision of glove supplementary services. AE Multi Holdings Berhad was founded in 1990 and is based in Sungai Petani, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

AE Multi Holdings reported revenue of 57.5M MYR in FY2025 versus 137M MYR in FY2021, a compound −19.6%/yr. Reported net income was −2.8M MYR in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
57.5M MYR
Latest YoY
−49.0%
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.
−19.3%
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.
−7.8%
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.
+1.1%
Revenue −19.6%/yr
FY21 137M MYR
FY22 109M MYR
FY23 111M MYR
FY24 113M MYR
FY25 57.5M MYR
Net income
FY21 −57.3M MYR
FY22 −20.9M MYR
FY23 −18.7M MYR
FY24 −15.0M MYR
FY25 −2.8M MYR

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Cite: Fair Value Calculator (2026). "AE Multi Holdings Fair Value". https://www.fairvalue-calculator.com/stock/7146

Peer Group

Electronic Components · 625 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 43 · Bottom 25%
Fair Value upside +0% · Top 25%
Return on assets -0% · Below median
Net margin (TTM) -5% · Bottom 25%
Operating margin (TTM) -103% · Bottom 25%
Revenue growth -59% · Bottom 25%

Valuation Multiples vs Electronic Components median · lower = cheaper

P/B 0.06× · Cheaper than 75% of peers
P/S (TTM) 0.04× · 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 33 · sector 0
FUTURE 0 · sector 32
PAST 0 · sector 24
HEALTH 100 · sector 95
DIVIDEND 0 · 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.

Similar stocks

10 more Electronic Components stocks, each showing price versus our Fair Value estimate (as of Jul 12, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,880 TWD 515.23 TWD -73%
Hon Hai Precision Industry Co 2317 242.50 TWD 270.47 TWD +12%
Luxshare Precision Industry Co 002475 ¥62.14 ¥38.44 -38%
Samsung Electro-Mechanics Co 009150 1,260,000 KRW 166,421 KRW -87%
Elite Material Co 2383 4,990 TWD 714.36 TWD -86%
Yageo Corporation 2327 699.00 TWD 216.55 TWD -69%
Shengyi Technology Co 600183 ¥132.29 ¥27.45 -79%
Shennan Circuits Co 002916 ¥364.00 ¥93.50 -74%
Victory Giant Technology (HuiZhou) Co 2476 HK$297.00 HK$103.98 -65%
Wus Printed Circuit (Kunshan) Co 002463 ¥127.80 ¥31.95 -75%

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Frequently asked questions

Is AE Multi Holdings (7146) overvalued or undervalued?
As of Jul 12, 2026, our model estimates a fair value of 0.0520 MYR versus a price of 0.0500 MYR, about +4% (fairly valued).
What is the fair value of 7146?
Our model-based fair value for AE Multi Holdings is 0.0520 MYR (as of Jul 12, 2026), built from audited fundamentals. The current price is 0.0500 MYR.
What is the quality score of 7146?
AE Multi Holdings has a Quality Score of 43/100. 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 AE Multi Holdings (7146)?
AE Multi Holdings reported trailing-twelve-month revenue of about 68.7M MYR (latest available figure, as of Jul 12, 2026).
What is the net profit margin of 7146?
The net profit margin of AE Multi Holdings is about -5.0%, 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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