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Kein Hing International Berhad, (7199) Fair Value & Analysis

Industrials · MY · Market cap 114M MYR

KH Kein Hing International Berhad, 7199 · KLSE
Price1.03 MYR
Fair Value2.24 MYR
Upside+117.0%
Quality66/100
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Mixed Growth
Thin margins · 5.3% net margin
Low debt · generates free cash flow
2.38% dividend yield
Ranks above peers (12/13)
Narrow moat 40/100
Evidence: Medium Range 1.61 MYR – 2.80 MYR Share as image

Fair value as of: Jul 17, 2026

From 26 valuation models · updated 24 days ago

Fair value updated Jul 17, 2026, revised from 2.34 MYR to 2.24 MYR (−4.5%) since Jun 25, 2026.

A solid business, screening 117% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (1.61 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (66/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

2.67 MYR 0.3853 MYR Fair Value 2.24 MYR Aug 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 0.3853 MYR – 2.67 MYR · fair‑value band 1.61 MYR – 2.80 MYR · the 1.03 MYR price screens below the 2.24 MYR fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Kein Hing International Berhad, (7199) currently trades at 1.03 MYR, while our model-based Fair Value estimate is 2.24 MYR, implying the stock looks roughly 117.0% undervalued today. The Quality Score stands at 66/100 (solid quality), in the Industrials 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: medium), always confirm before acting.

Over the trailing twelve months, Kein Hing International Berhad, generated revenue of 322M MYR at a net margin of 4.9%. Revenue declined 0.1% year over year. It earns a return on equity of 9.3%. The stock trades on a trailing P/E of 7.7. Fundamentals as of Jul 17, 2026

Our scenario range runs from 1.61 MYR (bear case) to 2.80 MYR (bull case); at 1.03 MYR, the current price sits below 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 28% below its 52-week high and 5% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -72% fair-value upside, at 117%, 7199 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 1.73 MYR 2.14 MYR 2.62 MYR 80
Residual Income 1.32 MYR 1.36 MYR 1.38 MYR 76
Rev-Margin DCF 2.84 MYR 4.42 MYR 6.19 MYR 74
All 26 models by family
DCF Models
FCF DCF 1.73 MYR 2.20 MYR 2.77 MYR 38
Owner Earnings 1.58 MYR 1.99 MYR 2.50 MYR 31
5Y Revenue Exit 2.84 MYR 4.44 MYR 6.47 MYR 39
5Y EBITDA Exit 14.84 MYR 26.47 MYR 39.99 MYR 41
5Y P/E Exit 2.13 MYR 3.14 MYR 4.18 MYR 38
10Y Revenue Exit 2.23 MYR 3.43 MYR 5.00 MYR 36
10Y EBITDA Exit 8.82 MYR 16.36 MYR 26.47 MYR 37
10Y P/E Exit 1.93 MYR 2.66 MYR 3.53 MYR 35
Earnings-Based
Graham-Dodd 1.00 MYR 2.86 MYR 3.76 MYR 54
Lynch FV 0.5800 MYR 0.8300 MYR 1.08 MYR 50
PEG = 1.0 0.5800 MYR 0.8300 MYR 1.08 MYR 46
EPV 18.36 MYR 20.52 MYR 22.27 MYR 59
Dividend Discount
Gordon GGM 0.2000 MYR 0.3300 MYR 0.4200 MYR 70
DDM Multi-Stage 0.2000 MYR 0.2800 MYR 0.3500 MYR 61
Multiples
P/E Multiple 2.33 MYR 3.10 MYR 3.88 MYR 63
P/S Multiple 1.88 MYR 2.51 MYR 3.14 MYR 58
P/B Multiple 1.88 MYR 2.51 MYR 3.14 MYR 55
EV/EBIT 36.02 MYR 47.89 MYR 59.77 MYR 53
EV/EBITDA 28.71 MYR 38.15 MYR 47.58 MYR 54
EV/Revenue 3.93 MYR 5.44 MYR 6.94 MYR 43
Asset-Based
NCAV (Graham) 0.8700 MYR 1.17 MYR 1.74 MYR 50
Growth DCF
Growth DCF 1.73 MYR 2.14 MYR 2.62 MYR 80
Rev-Margin DCF 2.84 MYR 4.42 MYR 6.19 MYR 74
Economic Profit
Residual Income 1.32 MYR 1.36 MYR 1.38 MYR 76
ROIC Compounder 18.58 MYR 20.98 MYR 23.05 MYR 72
Growth Earnings
Growth-Adj P/E 1.87 MYR 2.67 MYR 3.47 MYR 68

Widest divergence: DCF Models (3.14 MYR) versus Dividend Discount (0.2800 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 322M MYR
Revenue growth (YoY) -0.1%
Net margin 4.9%
Return on equity 9.3%
Free cash flow 17.6M MYR FY2026
P/E ratio 7.7
More key figures
Operating margin 8.1%
EPS (TTM) 0.1400 MYR
Dividend yield 2.3%
EPS growth (YoY) +25.9%
Net debt 515K MYR FY2021

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 66/100

Of which business quality 66 · Market factors (momentum, volatility) 39

Profitability 47
Margins and returns on capital today
Quality Growth 51
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 91
Balance sheet, leverage, solvency risk
Investment 82
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 16
Distance to the 52-week high (market factor)
Net Issuance 82
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

Kein Hing International Berhad, together with its subsidiaries, engages in sheet metal forming, precision machining, and component assembly services for the components and devices, home appliances, automotive, electrical, and audio-visual industries. It operates through Manufacturing, Trading, and Investment Holding segments.

Full company description

Kein Hing International Berhad, together with its subsidiaries, engages in sheet metal forming, precision machining, and component assembly services for the components and devices, home appliances, automotive, electrical, and audio-visual industries. It operates through Manufacturing, Trading, and Investment Holding segments. The company also manufactures, sells, and trades in gas appliances; and manufactures and fabricates tools and dies. In addition, it trades in electrical and electronic products, and home appliances under the Zenne brand name. Further, it is involved in the establishment, management, and operation of childcare centers, pre-schools, early childhood education, and daycare centers. It operates in Malaysia, Vietnam, America, Europe, Thailand, Brazil, Hong Kong, Australia, and internationally. Kein Hing International Berhad was incorporated in 2003 and is based in Seri Kembangan, Malaysia.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Kein Hing International Berhad, reported revenue of 304M MYR in FY2026 versus 277M MYR in FY2022, a compound +2.4%/yr. Reported net income was 16.1M MYR in FY2026, compounding +0.5%/yr from FY2022.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
304M MYR
Latest YoY
−7.2%
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.
−3.2%
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.
+3.7%
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.
+5.6%
Revenue +2.4%/yr
FY22 277M MYR
FY23 335M MYR
FY24 299M MYR
FY25 328M MYR
FY26 304M MYR
Net income +0.5%/yr
FY22 15.8M MYR
FY23 22.3M MYR
FY24 15.1M MYR
FY25 12.1M MYR
FY26 16.1M MYR

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Cite: Fair Value Calculator (2026). "Kein Hing International Berhad, Fair Value". https://www.fairvalue-calculator.com/stock/7199

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 66 · Top 25%
Fair Value upside +117% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 5% · Above median
Revenue growth -22% · Bottom 25%
Dividend yield (TTM) 2.4% · Above median
Debt / equity 0.05× · Lower than median

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 7.0× · Cheaper than 75% of peers
P/B 0.15× · Cheaper than 75% of peers
P/S (TTM) 0.09× · Cheaper than 75% of peers
P/FCF 1.6× · Cheaper than median

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 100 · sector 0
FUTURE 0 · sector 36
PAST 37 · sector 21
HEALTH 97 · sector 95
DIVIDEND 48 · sector 25

Insider activity: 45/100

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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Frequently asked questions

Is Kein Hing International Berhad, (7199) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 2.24 MYR versus a price of 1.03 MYR, about +117% (undervalued).
What is the fair value of 7199?
Our model-based fair value for Kein Hing International Berhad, is 2.24 MYR (as of Jul 17, 2026), built from audited fundamentals. The current price is 1.03 MYR.
What is the quality score of 7199?
Kein Hing International Berhad, has a Quality Score of 66/100. 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 Kein Hing International Berhad, (7199)?
Kein Hing International Berhad, reported trailing-twelve-month revenue of about 322M MYR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 7199?
The net profit margin of Kein Hing International Berhad, is about 4.9%, meaning it keeps roughly 4.9% of revenue as net income. Based on the latest reported figures.
Does Kein Hing International Berhad, pay a dividend?
Kein Hing International Berhad, currently shows a dividend yield of about 2.31% relative to its recent price (as of Jul 17, 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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