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GE-Shen Corporation (7197) Fair Value & Analysis

Industrials · MY · Market cap 595M MYR

GS GE-Shen Corporation 7197 · KLSE
Price1.33 MYR
Fair Value1.09 MYR
Upside-18.1%
Quality48/100
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Healthy Growth
Thin margins · 4.4% net margin
Low debt · generates free cash flow
Ranks above peers (9/13)
Moderate moat 47/100
Evidence: Medium Range 0.7000 MYR – 1.36 MYR Share as image

Fair value as of: Jul 11, 2026

From 26 valuation models · updated 30 days ago

Fair value updated Jul 11, 2026, revised from 1.26 MYR to 1.09 MYR (−13.5%) since Jun 24, 2026. Share price −7.0% over the past month.

Below-average quality, and screening another 18% overvalued on our models.

What matters now

  • Solid but not exceptional quality (48/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (0.7000 MYR to 1.36 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

1.76 MYR 0.2799 MYR Fair Value 1.09 MYR Nov 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range 0.2799 MYR – 1.76 MYR · fair‑value band 0.7000 MYR – 1.36 MYR · the 1.33 MYR price screens above the 1.09 MYR fair value. Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

GE-Shen Corporation (7197) currently trades at 1.33 MYR, while our model-based Fair Value estimate is 1.09 MYR, implying the stock looks roughly 18.1% overvalued today. The Quality Score stands at 48/100 (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: medium).

Over the trailing twelve months, GE-Shen Corporation generated revenue of 417M MYR at a net margin of 4.4%. Revenue grew 62.8% year over year. It earns a return on equity of 12.9%. Net debt stands at 85.6M MYR. Fundamentals as of Jul 11, 2026

Our scenario range runs from 0.7000 MYR (bear case) to 1.36 MYR (bull case); at 1.33 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 21% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -72% fair-value upside, at -18%, 7197 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 0.5500 MYR 0.9100 MYR 1.43 MYR 80
Residual Income 0.4000 MYR 0.4400 MYR 0.6100 MYR 76
Rev-Margin DCF 0.7500 MYR 1.39 MYR 2.21 MYR 74
All 26 models by family
DCF Models
FCF DCF 0.5500 MYR 0.9600 MYR 1.57 MYR 38
Owner Earnings 0.0800 MYR 0.2000 MYR 0.3900 MYR 31
5Y Revenue Exit 0.7500 MYR 1.41 MYR 2.31 MYR 39
5Y EBITDA Exit 0.9000 MYR 1.73 MYR 2.75 MYR 41
5Y P/E Exit 0.5900 MYR 1.09 MYR 1.66 MYR 38
10Y Revenue Exit 0.6300 MYR 1.20 MYR 2.04 MYR 36
10Y EBITDA Exit 0.7500 MYR 1.41 MYR 2.37 MYR 37
10Y P/E Exit 0.5600 MYR 0.9900 MYR 1.56 MYR 35
Earnings-Based
Graham-Dodd 0.3500 MYR 1.49 MYR 2.04 MYR 54
Lynch FV 0.3800 MYR 0.5400 MYR 0.7100 MYR 50
PEG = 1.0 0.3800 MYR 0.5400 MYR 0.7100 MYR 46
EPV 0.6800 MYR 0.7900 MYR 0.8900 MYR 59
Dividend Discount
Gordon GGM 0.1500 MYR 0.2700 MYR 0.3700 MYR 70
DDM Multi-Stage 0.1500 MYR 0.2500 MYR 0.2900 MYR 61
Multiples
P/E Multiple 0.8100 MYR 1.09 MYR 1.36 MYR 63
P/S Multiple 0.6600 MYR 0.8800 MYR 1.10 MYR 58
P/B Multiple 0.6600 MYR 0.8800 MYR 1.10 MYR 55
EV/EBIT 1.31 MYR 1.79 MYR 2.26 MYR 53
EV/EBITDA 1.25 MYR 1.71 MYR 2.17 MYR 54
EV/Revenue 0.9000 MYR 1.34 MYR 1.77 MYR 43
Asset-Based
NCAV (Graham) 0.2300 MYR 0.3100 MYR 0.4600 MYR 50
Growth DCF
Growth DCF 0.5500 MYR 0.9100 MYR 1.43 MYR 80
Rev-Margin DCF 0.7500 MYR 1.39 MYR 2.21 MYR 74
Economic Profit
Residual Income 0.4000 MYR 0.4400 MYR 0.6100 MYR 76
ROIC Compounder 0.7500 MYR 0.9800 MYR 1.26 MYR 72
Growth Earnings
Growth-Adj P/E 0.6400 MYR 0.9200 MYR 1.19 MYR 68

Widest divergence: DCF Models (1.09 MYR) versus Dividend Discount (0.2500 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 417M MYR
Revenue growth (YoY) +62.8%
Net margin 4.4%
Return on equity 12.9%
Free cash flow 27.5M MYR FY2025
P/E ratio 28.6
More key figures
Operating margin 9.1%
EPS (TTM) 0.0500 MYR
EPS growth (YoY) -38.0%
Net debt 85.6M MYR FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 48/100

Of which business quality 51 · Market factors (momentum, volatility) 42

Profitability 46
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 61
Balance sheet, leverage, solvency risk
Investment 34
Disciplined investing over empire-building
Low Volatility 100
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 38
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

GE-Shen Corporation Berhad, an investment holding company, manufactures and trades in plastic moulded products, components, tools and die, fabricated metal products, and other related products in Malaysia, Singapore, and Vietnam.

Full company description

GE-Shen Corporation Berhad, an investment holding company, manufactures and trades in plastic moulded products, components, tools and die, fabricated metal products, and other related products in Malaysia, Singapore, and Vietnam. The company is involved in injection moulding, supply chain and project management, engineering, machining, printing, coating and surface finishing, compression and rubber moulding, printed circuit board assembly activities; and wholesale trade of a variety of goods. It also offers assembly services for medical devices; and manufactures and trades in various rubber products. In addition, the company provides manufacturing services for product box built, tester and cable & wire harness assembly, repairing and consultancy services of electrical and electronic products, sourcing and supplying parts and spare parts and providing technical consultancy and design work; The company serves home and lifestyle; industrial; retail security; IOT/AI/data centers; medical and dental; and office automation and data storage industries. GE-Shen Corporation Berhad was founded in 1988 and is headquartered in Seri Kembangan, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GE-Shen Corporation reported revenue of 365M MYR in FY2025 versus 240M MYR in FY2021, a compound +11.1%/yr. Reported net income was 21.5M MYR in FY2025, compounding +13.1%/yr from FY2021.

Growth Quality 89/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
365M MYR
Latest YoY
+32.6%
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.
+12.9%
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.
+13.3%
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.
+11.3%
Revenue +11.1%/yr
FY21 240M MYR
FY22 254M MYR
FY23 256M MYR
FY24 275M MYR
FY25 365M MYR
Net income +13.1%/yr
FY21 13.2M MYR
FY22 10.2M MYR
FY23 8.5M MYR
FY24 11.8M MYR
FY25 21.5M MYR

7197 screens 18% overvalued. Compare with Carpenter Technology Corporation →

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Cite: Fair Value Calculator (2026). "GE-Shen Corporation Fair Value". https://www.fairvalue-calculator.com/stock/7197

Peer Group

Metal Fabrication · 244 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 48 · Below median
Fair Value upside −18% · Above median
Return on equity (TTM) 13% · Top 25%
Return on assets 7% · Top 25%
Net margin (TTM) 4% · Above median
Operating margin (TTM) 9% · Above median
Revenue growth 63% · Top 25%
Debt / equity 0.44× · Higher than 75% of peers

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 28.6× · Pricier than median
P/B 0.75× · Cheaper than median
P/S (TTM) 0.35× · Cheaper than median
P/FCF 5.3× · Pricier than median
EV/EBITDA 3.3× · 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 9 · sector 0
FUTURE 100 · sector 36
PAST 52 · sector 21
HEALTH 78 · sector 95
DIVIDEND 0 · sector 25

Insider activity: 40/100

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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10 more Metal Fabrication stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

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Frequently asked questions

Is GE-Shen Corporation (7197) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 1.09 MYR versus a price of 1.33 MYR, about −18% (overvalued).
What is the fair value of 7197?
Our model-based fair value for GE-Shen Corporation is 1.09 MYR (as of Jul 11, 2026), built from audited fundamentals. The current price is 1.33 MYR.
What is the quality score of 7197?
GE-Shen Corporation has a Quality Score of 48/100. 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 GE-Shen Corporation (7197)?
GE-Shen Corporation reported trailing-twelve-month revenue of about 417M MYR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 7197?
The net profit margin of GE-Shen Corporation is about 4.4%, meaning it keeps roughly 4.4% of revenue as net income. 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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