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7204 Fair Value & Analysis

Technology · MY · Market cap 421M MYR

7 7204 7204 · KLSE
Price0.3150 MYR
Fair Value0.5600 MYR
Upside+77.8%
Quality35/100
Mixed Growth
Loss-making · -29.5% net margin
Low debt · generates free cash flow
Trails peers (3/11)
Narrow moat 13/100
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Evidence: Medium Range 0.4000 MYR – 0.7600 MYR Share as image

Fair value as of: Jul 20, 2026

From 13 valuation models · updated 10 days ago

Share price −3.1% over the past month.

What matters now

  • The large discount to fair value meets weak quality (35/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (0.4000 MYR). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (0.4000 MYR to 0.7600 MYR) leaves room in how you read the outcome.

Price vs Fair Value (12 months)

1.48 MYR 0.3150 MYR Fair Value 0.5600 MYR Aug 2025 Jul 2026

12‑month range 0.3150 MYR – 1.48 MYR · fair‑value band 0.4000 MYR – 0.7600 MYR · the 0.3150 MYR price screens below the 0.5600 MYR fair value. As of Jul 20, 2026.

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Analysis

7204 (7204) currently trades at 0.3150 MYR, while our model-based Fair Value estimate is 0.5600 MYR, implying the stock looks roughly 77.8% undervalued today. We read business quality at 35/100 (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: medium), always confirm before acting.

Over the trailing twelve months, 7204 generated revenue of 990M MYR at a net margin of -23.1%. Revenue declined 5.9% year over year. It earns a return on equity of -30.2%. Net debt stands at 253M MYR. Fundamentals as of Jul 20, 2026

Our scenario range runs from 0.4000 MYR (bear case) to 0.7600 MYR (bull case); at 0.3150 MYR, the current price sits below that range. For context, the median of 10 Technology peers we cover trades at -73% fair-value upside, at 78%, 7204 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 974M MYR
Revenue growth (YoY) -6.4%
Net margin -23.1%
Return on equity -39.6%
Free cash flow 17.0M MYR FY2025
Operating margin 133%
More key figures
EPS (TTM) -0.2300 MYR
EPS growth (YoY) -91.7%
Net debt 253M MYR FY2025

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

Quality Score breakdown

Overall quality 35/100
Profitability 13
Quality Growth 31
Cashflow 17
Fin. Strength 41
Investment 98
Low Volatility 54
Momentum 3
52W Momentum 0
Net Issuance 100

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

D & O Green Technologies Berhad, through its subsidiary Dominant Opto Technologies Sdn Bhd, manufactures and sells automotive surface mount technology light emitting diodes in Asia, Europe, North Americas, and internationally.

Full company description

D & O Green Technologies Berhad, through its subsidiary Dominant Opto Technologies Sdn Bhd, manufactures and sells automotive surface mount technology light emitting diodes in Asia, Europe, North Americas, and internationally. The company offers low to high-intensity LEDs with a range of color spectrum for interior applications, such as instrument cluster, infotainment system, climate control, switches, and ambient lighting, as well as exterior applications, comprising headlamp, tail lamp, rear combination lamp, central high mounted stop lamp, and license plate lamp. It is also involved in the manufacturing of semiconductor components and machineries; designing, manufacturing, and sales of printed circuit board assemblies and integrated circuit chips; provision of engineering services; and research and development on electronics and trade of electronic components. D & O Green Technologies Berhad was founded in 2000 and is based in Malacca, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

7204 reported revenue of 990M MYR in FY2025 versus 847M MYR in FY2021, a compound +4.0%/yr. Reported net income was −228M MYR in FY2025.

Revenue +4.0%/yr
FY21 847M MYR
FY22 983M MYR
FY23 1.0B MYR
FY24 1.1B MYR
FY25 990M MYR
Net income
FY21 111M MYR
FY22 75.1M MYR
FY23 44.1M MYR
FY24 39.5M MYR
FY25 −228M MYR

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Cite: Fair Value Calculator (2026). "7204 Fair Value". https://www.fairvalue-calculator.com/stock/7204

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 / 0
FUTURE 0 / 69
PAST 0 / 30
HEALTH 92 / 96
DIVIDEND 0 / 14

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 Semiconductor Equipment & Materials stocks, each showing price versus our Fair Value estimate (as of Jul 20, 2026).

Stock Price Fair Value vs Fair Value
ASML Holding ASML C$50.50 C$21.68 -57%
Applied Materials, Inc AP2 €513.00 €143.71 -72%
Lam Research Corporation LRCX $409.54 $94.52 -77%
KLA Corporation KLAC $269.16 $75.24 -72%
Tokyo Electron Limited TOELF $443.58 $117.43 -74%
NAURA Technology Group 002371 ¥603.36 ¥152.37 -75%
Advanced Micro-Fabrication Equipment Inc 688012 ¥372.74 ¥70.03 -81%
Piotech Inc 688072 ¥582.30 ¥155.46 -73%
Hon. Precision, Inc 7769 7,055 TWD 2,405 TWD -66%
Hangzhou Changchuan Technology Co 300604 ¥226.74 ¥33.33 -85%

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Frequently asked questions

Is 7204 overvalued or undervalued?
As of Jul 20, 2026, our model estimates a fair value of 0.5600 MYR versus a price of 0.3150 MYR, about +78% (undervalued).
What is the fair value of 7204?
Our model-based fair value for 7204 is 0.5600 MYR (as of Jul 20, 2026), built from audited fundamentals. The current price is 0.3150 MYR.
What is the quality score of 7204?
7204 has a Quality Score of 35/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 7204?
7204 reported trailing-twelve-month revenue of about 990M MYR (latest available figure, as of Jul 20, 2026).
What is the net profit margin of 7204?
The net profit margin of 7204 is about -23.1%, 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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