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Milux Corporation (7935) Fair Value & Analysis

Consumer Cyclical · MY · Market cap 163M MYR

MC Milux Corporation 7935 · KLSE
Price0.6750 MYR
Fair Value0.1400 MYR
Upside-79.3%
Quality61/100
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Expensive Growth
Thin margins · 4.0% net margin
Low debt · negative free cash flow
Ranks above peers (9/12)
Narrow moat 38/100
Evidence: High Range 0.1200 MYR – 0.1800 MYR Share as image

Fair value as of: Jul 13, 2026

From 15 valuation models · updated 28 days ago

Share price −2.9% over the past month.

A solid business, but screening 79% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.1800 MYR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (61/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

1.65 MYR 0.3650 MYR Fair Value 0.1400 MYR Aug 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range 0.3650 MYR – 1.65 MYR · fair‑value band 0.1200 MYR – 0.1800 MYR · the 0.6750 MYR price screens above the 0.1400 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 13, 2026.

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Analysis

Milux Corporation (7935) currently trades at 0.6750 MYR, while our model-based Fair Value estimate is 0.1400 MYR, implying the stock looks roughly 79.3% overvalued today. The Quality Score stands at 61/100 (solid quality), in the Consumer Cyclical 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: high).

Over the trailing twelve months, Milux Corporation generated revenue of 99.6M MYR at a net margin of 3.3%. It earns a return on equity of 8.4%. Net debt stands at 1.9M MYR. The stock trades on a trailing P/E of 29.8. Fundamentals as of Jul 13, 2026

Our scenario range runs from 0.1200 MYR (bear case) to 0.1800 MYR (bull case); at 0.6750 MYR, the current price sits above 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 125% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 16% fair-value upside, at -79%, 7935 screens richer 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 0.1100 MYR 0.1200 MYR 0.1300 MYR 72
Growth-Adj P/E 0.1900 MYR 0.2600 MYR 0.3400 MYR 68
P/E Multiple 0.2300 MYR 0.3000 MYR 0.3800 MYR 63
All 15 models by family
DCF Models
Owner Earnings 0.1600 MYR 0.2100 MYR 0.2800 MYR 31
Earnings-Based
Graham-Dodd 0.0900 MYR 0.2800 MYR 0.3700 MYR 54
Lynch FV 0.0600 MYR 0.0800 MYR 0.1100 MYR 50
PEG = 1.0 0.0600 MYR 0.0800 MYR 0.1100 MYR 46
EPV 0.1100 MYR 0.1200 MYR 0.1300 MYR 59
Multiples
P/E Multiple 0.2300 MYR 0.3000 MYR 0.3800 MYR 63
P/S Multiple 0.1800 MYR 0.2400 MYR 0.2900 MYR 58
P/B Multiple 0.1800 MYR 0.2400 MYR 0.2900 MYR 55
EV/EBIT 0.2100 MYR 0.2800 MYR 0.3400 MYR 53
EV/EBITDA 0.1800 MYR 0.2300 MYR 0.2900 MYR 54
EV/Revenue 0.1500 MYR 0.2000 MYR 0.2600 MYR 43
Asset-Based
NCAV (Graham) 0.0900 MYR 0.1200 MYR 0.1700 MYR 50
Economic Profit
Residual Income 0.1300 MYR 0.1300 MYR 0.1300 MYR 61
ROIC Compounder 0.1100 MYR 0.1200 MYR 0.1300 MYR 72
Growth Earnings
Growth-Adj P/E 0.1900 MYR 0.2600 MYR 0.3400 MYR 68

Widest divergence: Growth Earnings (0.2600 MYR) versus Earnings-Based (0.0800 MYR). Highest evidence: ROIC Compounder (72).

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Key figures & financial health

Revenue (TTM) 99.6M MYR
Revenue growth (YoY) +484%
Net margin 3.3%
Return on equity 8.4%
Free cash flow −10.5M MYR FY2025
P/E ratio 29.8
More key figures
Operating margin 4.7%
EPS (TTM) 0.0200 MYR
Net debt 1.9M MYR FY2017

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 61/100

Of which business quality 57 · Market factors (momentum, volatility) 81

Profitability 50
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 65
Calm price path (market factor)
Momentum 83
Price trend over the last 3–12 months (market factor)
52W Momentum 96
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

Milux Corporation Berhad, an investment holding company, provides a range of gas, kitchen, and electrical appliances in Malaysia and rest of Asia. It operates through Home Appliance and Others segments.

Full company description

Milux Corporation Berhad, an investment holding company, provides a range of gas, kitchen, and electrical appliances in Malaysia and rest of Asia. It operates through Home Appliance and Others segments. The company offers big appliances, such as chest freezer and washing machines; ceiling, exhaust and ventilation, industrial, stand, table, and wall fans; and gas appliances, including portable gas cookers, butane gas cartridges, cast iron gas stoves, gas stove cookers, gas regulators, and gas rice and standing gas cookers. It also provides home appliances, which includes air coolers, electric irons, hair dryers, trailing sockets, vacuum cleaners, and water heaters; kitchen appliances comprising air fryer ovens, bread makers and toasters, food choppers, hand and power mixers, kitchen scales, air fryers, blenders, egg steamers, electric kettles, multi-cookers, electric ovens, stand mixers, electric and charcoal grills, food processors, ice cream makers, and slow cookers; and kitchenware, such as cooker hobs and hoods. In addition, the company engages in the business of retail sale of various products through the internet; and provision of management services. Further, it distributes gas and home electrical appliances under the MILUX brand; trades in gas and home electrical appliances under the OEM brands; and markets and sells gas and electrical appliances through online under the EURO UNO brand. The company was founded in 1977 and is headquartered in Subang Jaya, Malaysia. Milux Corporation Berhad operates as a subsidiary of ABS Capital Sdn Bhd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Milux Corporation reported revenue of 98.8M MYR in FY2025 versus 62.1M MYR in FY2021, a compound +12.3%/yr. Reported net income was 3.3M MYR in FY2025, compounding −12.4%/yr from FY2021.

Growth Quality 40/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
98.8M MYR
Latest YoY
+115.0%
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.
+18.5%
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.
+6.2%
Avg. growth/yr (12Y) 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%
Revenue +12.3%/yr
FY21 62.1M MYR
FY22 59.3M MYR
FY23 47.0M MYR
FY24 45.9M MYR
FY25 98.8M MYR
Net income −12.4%/yr
FY21 5.5M MYR
FY22 3.1M MYR
FY23 −5.0M MYR
FY24 −2.3M MYR
FY25 3.3M MYR

7935 screens 79% overvalued. Compare with Midea Group →

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Cite: Fair Value Calculator (2026). "Milux Corporation Fair Value". https://www.fairvalue-calculator.com/stock/7935

Peer Group

Furnishings, Fixtures & Appliances · 311 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 61 · Above median
Fair Value upside −79% · Bottom 25%
Return on equity (TTM) 11% · Top 25%
Return on assets 5% · Top 25%
Net margin (TTM) 4% · Above median
Operating margin (TTM) 2% · Below median
Revenue growth 94% · Top 25%

Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper

P/E (TTM) 34.8× · Pricier than median
P/B 0.99× · Cheaper than median
P/S (TTM) 0.37× · Cheaper than median
EV/EBITDA 7.9× · 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 0 · sector 22
FUTURE 100 · sector 0
PAST 44 · sector 19
HEALTH 100 · sector 97
DIVIDEND 0 · sector 55

VALUE 0: the price sits above our fair-value range.

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 Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥82.71 ¥107.22 +30%
Gree Electric Appliances, Inc 000651 ¥38.25 ¥88.02 +130%
Haier Smart Home Co 600690 ¥21.46 ¥36.04 +68%
King Slide Works Co 2059 8,655 TWD 1,917 TWD -78%
Guangdong Songfa Ceramics Co 603268 ¥155.59 ¥38.95 -75%
SharkNinja, Inc SN $154.53 $89.07 -42%
Hisense Home Appliances Group 000921 ¥26.33 ¥48.03 +82%
Zhejiang Supor Co 002032 ¥43.85 ¥44.84 +2%
COWAY Co 021240 96,700 KRW 112,530 KRW +16%
Ecovacs Robotics Co 603486 ¥50.13 ¥54.11 +8%

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Frequently asked questions

Is Milux Corporation (7935) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of 0.1400 MYR versus a price of 0.6750 MYR, about −79% (overvalued).
What is the fair value of 7935?
Our model-based fair value for Milux Corporation is 0.1400 MYR (as of Jul 13, 2026), built from audited fundamentals. The current price is 0.6750 MYR.
What is the quality score of 7935?
Milux Corporation has a Quality Score of 61/100. 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 Milux Corporation (7935)?
Milux Corporation reported trailing-twelve-month revenue of about 99.6M MYR (latest available figure, as of Jul 13, 2026).
What is the net profit margin of 7935?
The net profit margin of Milux Corporation is about 3.3%, meaning it keeps roughly 3.3% 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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