EN DE

DKLS Industries Berhad, a diversified local conglomerate, (7528) Fair Value & Analysis

Industrials · MY · Market cap 170M MYR

DI DKLS Industries Berhad, a diversified local conglomerate, 7528 · KLSE
Price1.81 MYR
Fair Value3.34 MYR
Upside+84.5%
Quality64/100
Watch DKLS Industries Berhad, a diversified local conglomerate, for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Solidly profitable · 12.2% net margin
Low debt · generates free cash flow
1.64% dividend yield
Ranks above peers (12/14)
Moderate moat 45/100
Evidence: High Range 2.55 MYR – 4.03 MYR Share as image

Fair value as of: Jul 15, 2026

From 24 valuation models · updated 26 days ago

Share price +27.5% over the past month.

A solid business, screening 85% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (2.55 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (64/100) at a price below fair value, the discount is the argument here, not the business quality.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

2.20 MYR 1.24 MYR Fair Value 3.34 MYR Feb 2014 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 15, 2026.

How to read this chart

60‑month range 1.24 MYR – 2.20 MYR · fair‑value band 2.55 MYR – 4.03 MYR · the 1.81 MYR price screens below the 3.34 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

DKLS Industries Berhad, a diversified local conglomerate, (7528) currently trades at 1.81 MYR, while our model-based Fair Value estimate is 3.34 MYR, implying the stock looks roughly 84.5% undervalued today. The Quality Score stands at 64/100 (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: high), always confirm before acting.

Over the trailing twelve months, DKLS Industries Berhad, a diversified local conglomerate, generated revenue of 177M MYR at a net margin of 12.2%. Revenue grew 8.2% year over year. It earns a return on equity of 4.7%. Net debt stands at 20.7M MYR. Fundamentals as of Jul 15, 2026

Our scenario range runs from 2.55 MYR (bear case) to 4.03 MYR (bull case); at 1.81 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 4% below its 52-week high and 29% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at 85%, 7528 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 2.28 MYR 2.76 MYR 3.48 MYR 80
Residual Income 3.52 MYR 3.34 MYR 2.64 MYR 76
Rev-Margin DCF 2.27 MYR 3.18 MYR 4.30 MYR 74
All 24 models by family
DCF Models
FCF DCF 2.23 MYR 2.74 MYR 3.57 MYR 38
Owner Earnings 2.12 MYR 2.60 MYR 3.39 MYR 31
5Y Revenue Exit 2.27 MYR 3.12 MYR 4.36 MYR 39
5Y EBITDA Exit 2.82 MYR 4.08 MYR 5.74 MYR 41
5Y P/E Exit 2.81 MYR 4.06 MYR 5.55 MYR 38
10Y Revenue Exit 2.19 MYR 2.75 MYR 3.34 MYR 36
10Y EBITDA Exit 2.53 MYR 3.26 MYR 4.03 MYR 37
10Y P/E Exit 2.52 MYR 3.25 MYR 3.94 MYR 35
Earnings-Based
Graham-Dodd 1.56 MYR 1.91 MYR 2.15 MYR 54
EPV 1.99 MYR 2.20 MYR 2.37 MYR 59
Dividend Discount
Gordon GGM 0.2100 MYR 0.2200 MYR 0.2400 MYR 70
DDM Multi-Stage 0.2100 MYR 0.2400 MYR 0.2800 MYR 61
Multiples
P/E Multiple 3.62 MYR 4.82 MYR 6.03 MYR 63
P/S Multiple 2.69 MYR 3.58 MYR 4.48 MYR 58
P/B Multiple 2.93 MYR 3.90 MYR 4.88 MYR 55
EV/EBIT 4.34 MYR 5.70 MYR 7.07 MYR 53
EV/EBITDA 3.88 MYR 5.10 MYR 6.31 MYR 54
EV/Revenue 2.49 MYR 3.46 MYR 4.43 MYR 43
Asset-Based
NCAV (Graham) 2.62 MYR 3.51 MYR 5.24 MYR 50
Growth DCF
Growth DCF 2.28 MYR 2.76 MYR 3.48 MYR 80
Rev-Margin DCF 2.27 MYR 3.18 MYR 4.30 MYR 74
Economic Profit
Residual Income 3.52 MYR 3.34 MYR 2.64 MYR 76
ROIC Compounder 1.99 MYR 2.20 MYR 2.37 MYR 72
Growth Earnings
Growth-Adj P/E 2.55 MYR 3.65 MYR 4.74 MYR 68

Widest divergence: Multiples (3.90 MYR) versus Dividend Discount (0.2200 MYR). Highest evidence: Growth DCF (80).

Notify me when 7528 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 177M MYR
Revenue growth (YoY) +8.2%
Net margin 12.2%
Return on equity 4.7%
Free cash flow 25.5M MYR FY2025
P/E ratio 6.3
More key figures
Operating margin 12.3%
EPS (TTM) 0.2300 MYR
Dividend yield 2.1%
EPS growth (YoY) +10.1%
Net debt 20.7M MYR FY2022

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 64/100

Of which business quality 63 · Market factors (momentum, volatility) 59

Profitability 37
Margins and returns on capital today
Quality Growth 37
Are margins and returns improving?
Cashflow 70
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 79
Calm price path (market factor)
Momentum 45
Price trend over the last 3–12 months (market factor)
52W Momentum 62
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

DKLS Industries Berhad, a diversified local conglomerate, engages in the construction, quarrying, property development, property investment, logistics, and supply chain businesses in Malaysia and the Lao People's Democratic Republic. It operates through Investment Holding, Construction, Quarry, Property Development, and Utilities segments.

Full company description

DKLS Industries Berhad, a diversified local conglomerate, engages in the construction, quarrying, property development, property investment, logistics, and supply chain businesses in Malaysia and the Lao People's Democratic Republic. It operates through Investment Holding, Construction, Quarry, Property Development, and Utilities segments. The company engages in the construction of highways, roads and bridges, airport runways, water treatment facilities, hydropower plant, jetties, and special purpose buildings, as well as commercial and residential buildings for public and private sectors. It also sources, purchases, and distributes a range of building materials, including cement, steel bars, bricks, ceramic tiles, and roof tiles; and manufactures, supplies, and sells quarry products, and ready-mix, granite, and asphaltic concrete. In addition, the company engages in the trading of construction materials, hardware, and kitchen and sanitary wares; operation, management, and distribution of treated water to domestic, commercial, and industrial premises; management and operation of commercial property; property development and construction; quarry master and sell of related products; administrative, management, and technical support; and building, general contractors, and sale of materials, as well as supply, operates, and maintains water treatment plant; and wholesale of petrol, diesel, and lubricants. DKLS Industries Berhad was incorporated in 1995 and is headquartered in Ipoh, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

DKLS Industries Berhad, a diversified local conglomerate, reported revenue of 166M MYR in FY2025 versus 182M MYR in FY2021, a compound −2.3%/yr. Reported net income was 21.3M MYR in FY2025, compounding +7.7%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
166M MYR
Latest YoY
−7.7%
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.
−2.6%
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.
−0.8%
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.
−2.0%
Revenue −2.3%/yr
FY21 182M MYR
FY22 180M MYR
FY23 164M MYR
FY24 180M MYR
FY25 166M MYR
Net income +7.7%/yr
FY21 15.8M MYR
FY22 12.1M MYR
FY23 28.1M MYR
FY24 28.0M MYR
FY25 21.3M MYR

Watch 7528: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "DKLS Industries Berhad, a diversified local conglomerate, Fair Value". https://www.fairvalue-calculator.com/stock/7528

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 64 · Top 25%
Fair Value upside +85% · Top 25%
Return on equity (TTM) 5% · Below median
Return on assets 3% · Above median
Net margin (TTM) 12% · Top 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth 8% · Above median
Dividend yield (TTM) 1.6% · Below median
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 8.0× · Cheaper than 75% of peers
P/B 0.09× · Cheaper than 75% of peers
P/S (TTM) 0.23× · Cheaper than median
P/FCF 1.6× · Cheaper than median
EV/EBITDA 0.6× · 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 100 · sector 16
FUTURE 41 · sector 17
PAST 19 · sector 26
HEALTH 98 · sector 94
DIVIDEND 33 · sector 33

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 15, 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%

Compare DKLS Industries Berhad, a diversified local conglomerate, with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Industrials stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is DKLS Industries Berhad, a diversified local conglomerate, (7528) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 3.34 MYR versus a price of 1.81 MYR, about +85% (undervalued).
What is the fair value of 7528?
Our model-based fair value for DKLS Industries Berhad, a diversified local conglomerate, is 3.34 MYR (as of Jul 15, 2026), built from audited fundamentals. The current price is 1.81 MYR.
What is the quality score of 7528?
DKLS Industries Berhad, a diversified local conglomerate, has a Quality Score of 64/100. 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 DKLS Industries Berhad, a diversified local conglomerate, (7528)?
DKLS Industries Berhad, a diversified local conglomerate, reported trailing-twelve-month revenue of about 177M MYR (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 7528?
The net profit margin of DKLS Industries Berhad, a diversified local conglomerate, is about 12.2%, meaning it keeps roughly 12.2% of revenue as net income. Based on the latest reported figures.
Does DKLS Industries Berhad, a diversified local conglomerate, pay a dividend?
DKLS Industries Berhad, a diversified local conglomerate, currently shows a dividend yield of about 2.05% relative to its recent price (as of Jul 15, 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.

14 days Pro free · no card

Track DKLS Industries Berhad, a diversified local conglomerate, and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.