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Hil Industries Berhad, an investment holding company, (8443) Fair Value & Analysis

Industrials · MY · Market cap 217M MYR

HI Hil Industries Berhad, an investment holding company, 8443 · KLSE
Price0.6450 MYR
Fair Value1.09 MYR
Upside+69.1%
Quality49/100
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Expensive Growth
Solidly profitable · 14.6% net margin
Low debt · negative free cash flow
3.82% dividend yield
Ranks above peers (10/12)
Moderate moat 47/100
Evidence: High Range 0.9130 MYR – 1.18 MYR Share as image

Fair value as of: Jul 17, 2026

From 17 valuation models · updated 24 days ago

Fair value updated Jul 17, 2026, revised from 1.35 MYR to 1.09 MYR (−19.2%) since Jun 25, 2026. Share price −1.5% over the past month.

Below-average quality, screening 69% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.9130 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (49/100) 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)

1.09 MYR 0.4029 MYR Fair Value 1.09 MYR Dec 2019 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 0.4029 MYR – 1.09 MYR · fair‑value band 0.9130 MYR – 1.18 MYR · the 0.6450 MYR price screens below the 1.09 MYR fair value. Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

Hil Industries Berhad, an investment holding company, (8443) currently trades at 0.6450 MYR, while our model-based Fair Value estimate is 1.09 MYR, implying the stock looks roughly 69.1% undervalued today. The Quality Score stands at 49/100 (below-average 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, Hil Industries Berhad, an investment holding company, generated revenue of 211M MYR at a net margin of 14.6%. Revenue declined 17.8% year over year. It earns a return on equity of 6.5%. The stock trades on a trailing P/E of 8.1. Fundamentals as of Jul 17, 2026

Our scenario range runs from 0.9130 MYR (bear case) to 1.18 MYR (bull case); at 0.6450 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 19% 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 69%, 8443 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
Residual Income 1.08 MYR 1.08 MYR 0.9800 MYR 76
ROIC Compounder 1.10 MYR 1.21 MYR 1.29 MYR 72
Gordon GGM 0.2100 MYR 0.3500 MYR 0.4500 MYR 70
All 17 models by family
DCF Models
Owner Earnings 1.08 MYR 1.43 MYR 1.87 MYR 31
Earnings-Based
Graham-Dodd 0.6600 MYR 2.07 MYR 2.76 MYR 54
Lynch FV 0.4500 MYR 0.6500 MYR 0.8400 MYR 50
PEG = 1.0 0.4500 MYR 0.6500 MYR 0.8400 MYR 46
EPV 1.10 MYR 1.21 MYR 1.29 MYR 59
Dividend Discount
Gordon GGM 0.2100 MYR 0.3500 MYR 0.4500 MYR 70
DDM Multi-Stage 0.2100 MYR 0.3100 MYR 0.3800 MYR 61
Multiples
P/E Multiple 1.53 MYR 2.05 MYR 2.56 MYR 63
P/S Multiple 0.9900 MYR 1.32 MYR 1.65 MYR 58
P/B Multiple 1.24 MYR 1.66 MYR 2.07 MYR 55
EV/EBIT 2.12 MYR 2.77 MYR 3.41 MYR 53
EV/EBITDA 1.91 MYR 2.49 MYR 3.07 MYR 54
EV/Revenue 1.02 MYR 1.37 MYR 1.73 MYR 43
Asset-Based
NCAV (Graham) 0.7500 MYR 1.01 MYR 1.50 MYR 50
Economic Profit
Residual Income 1.08 MYR 1.08 MYR 0.9800 MYR 76
ROIC Compounder 1.10 MYR 1.21 MYR 1.29 MYR 72
Growth Earnings
Growth-Adj P/E 1.27 MYR 1.82 MYR 2.36 MYR 68

Widest divergence: Growth Earnings (1.82 MYR) versus Dividend Discount (0.3100 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 211M MYR
Revenue growth (YoY) -17.8%
Net margin 14.6%
Return on equity 6.5%
Free cash flow −25.0M MYR FY2025
P/E ratio 8.1
More key figures
Operating margin 17.7%
EPS (TTM) 0.0900 MYR
Dividend yield 3.5%
EPS growth (YoY) -35.6%
Net debt 422K MYR FY2025

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

Quality Score breakdown

Overall quality 49/100

Of which business quality 47 · Market factors (momentum, volatility) 37

Profitability 35
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 70
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 33
Price trend over the last 3–12 months (market factor)
52W Momentum 17
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

Hil Industries Berhad, an investment holding company, manufactures and sells industrial and domestic molded plastic products in Malaysia, the People's Republic of China, and Thailand. It operates through Manufacturing; Property Development and Management; and Trading, Services, and Others segments.

Full company description

Hil Industries Berhad, an investment holding company, manufactures and sells industrial and domestic molded plastic products in Malaysia, the People's Republic of China, and Thailand. It operates through Manufacturing; Property Development and Management; and Trading, Services, and Others segments. The company engages in the development of residential, commercial, and light and management industrial properties, as well as letting out of properties. It is also involved in the general trading services; provision of marketing support services; sub-assembly of plastic-related products; hospitality, accommodation, wellness, spa, tourism and related services; and property holding and management services. In addition, the company designs and assemblies of industrial machinery and equipment for factory automation; housing development services; operates and manages pharmacies; and provides cleaning services. The company was founded in 1969 and is headquartered in Shah Alam, Malaysia. Hil Industries Berhad is a subsidiary of Dalta Industries Sdn Bhd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hil Industries Berhad, an investment holding company, reported revenue of 219M MYR in FY2025 versus 169M MYR in FY2021, a compound +6.7%/yr. Reported net income was 32.3M MYR in FY2025, compounding +1.6%/yr from FY2021.

Growth Quality 38/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
219M MYR
Latest YoY
−0.4%
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.
+8.9%
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.
+6.1%
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.
+8.1%
Revenue +6.7%/yr
FY21 169M MYR
FY22 170M MYR
FY23 212M MYR
FY24 220M MYR
FY25 219M MYR
Net income +1.6%/yr
FY21 30.4M MYR
FY22 23.9M MYR
FY23 38.7M MYR
FY24 41.3M MYR
FY25 32.3M MYR

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Cite: Fair Value Calculator (2026). "Hil Industries Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/8443

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 49 · Below median
Fair Value upside +69% · Top 25%
Return on equity (TTM) 7% · Above median
Return on assets 5% · Above median
Net margin (TTM) 15% · Top 25%
Operating margin (TTM) 18% · Top 25%
Revenue growth -18% · Bottom 25%
Dividend yield (TTM) 3.8% · Top 25%
Debt / equity 0.03× · Lower than median

Valuation Multiples vs Metal Fabrication median · lower = cheaper

P/E (TTM) 7.3× · Cheaper than 75% of peers
P/B 0.11× · Cheaper than 75% of peers
P/S (TTM) 0.25× · 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 0
FUTURE 0 · sector 36
PAST 26 · sector 21
HEALTH 99 · sector 95
DIVIDEND 76 · 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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Frequently asked questions

Is Hil Industries Berhad, an investment holding company, (8443) overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 1.09 MYR versus a price of 0.6450 MYR, about +69% (undervalued).
What is the fair value of 8443?
Our model-based fair value for Hil Industries Berhad, an investment holding company, is 1.09 MYR (as of Jul 17, 2026), built from audited fundamentals. The current price is 0.6450 MYR.
What is the quality score of 8443?
Hil Industries Berhad, an investment holding company, has a Quality Score of 49/100. 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 Hil Industries Berhad, an investment holding company, (8443)?
Hil Industries Berhad, an investment holding company, reported trailing-twelve-month revenue of about 211M MYR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 8443?
The net profit margin of Hil Industries Berhad, an investment holding company, is about 14.6%, meaning it keeps roughly 14.6% of revenue as net income. Based on the latest reported figures.
Does Hil Industries Berhad, an investment holding company, pay a dividend?
Hil Industries Berhad, an investment holding company, currently shows a dividend yield of about 3.45% 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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