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LBI Capital Berhad, an investment holding company, (8494) Fair Value & Analysis

Real Estate · MY · Market cap 40.1M MYR

LC LBI Capital Berhad, an investment holding company, 8494 · KLSE
Price0.3850 MYR
Fair Value0.6200 MYR
Upside+61.0%
Quality42/100
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Mixed Growth
Thin margins · 7.9% net margin
Low debt · negative free cash flow
Ranks above peers (8/12)
Narrow moat 28/100
Evidence: High Range 0.4700 MYR – 0.8400 MYR Share as image

Fair value as of: Jul 14, 2026

From 9 valuation models · updated 27 days ago

Share price +6.9% over the past month.

Below-average quality, screening 61% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (42/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (0.4700 MYR). The market is more pessimistic than our downside scenario.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

0.7388 MYR 0.2754 MYR Fair Value 0.6200 MYR Jul 2019 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 14, 2026.

How to read this chart

60‑month range 0.2754 MYR – 0.7388 MYR · fair‑value band 0.4700 MYR – 0.8400 MYR · the 0.3850 MYR price screens below the 0.6200 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 14, 2026.

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Analysis

LBI Capital Berhad, an investment holding company, (8494) currently trades at 0.3850 MYR, while our model-based Fair Value estimate is 0.6200 MYR, implying the stock looks roughly 61.0% undervalued today. The Quality Score stands at 42/100 (below-average quality), in the Real Estate 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, LBI Capital Berhad, an investment holding company, generated revenue of 41.8M MYR at a net margin of 7.9%. Revenue grew 26.6% year over year. It earns a return on equity of 2.1%. Net debt stands at 16.0M MYR. Fundamentals as of Jul 14, 2026

Our scenario range runs from 0.4700 MYR (bear case) to 0.8400 MYR (bull case); at 0.3850 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 32% below its 52-week high and 15% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -30% fair-value upside, at 61%, 8494 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 0.8300 MYR 0.7900 MYR 0.5900 MYR 76
Gordon GGM 0.1700 MYR 0.2900 MYR 0.3800 MYR 70
DDM Multi-Stage 0.1700 MYR 0.2800 MYR 0.3100 MYR 61
All 9 models by family
Dividend Discount
Gordon GGM 0.1700 MYR 0.2900 MYR 0.3800 MYR 70
DDM Multi-Stage 0.1700 MYR 0.2800 MYR 0.3100 MYR 61
Multiples
P/S Multiple 0.4700 MYR 0.6200 MYR 0.7800 MYR 58
P/B Multiple 0.4700 MYR 0.6200 MYR 0.7800 MYR 55
EV/EBIT 0.9200 MYR 1.24 MYR 1.56 MYR 53
EV/EBITDA 0.7300 MYR 0.9900 MYR 1.24 MYR 54
EV/Revenue 0.5000 MYR 0.7200 MYR 0.9500 MYR 43
Asset-Based
NCAV (Graham) 0.6300 MYR 0.8500 MYR 1.27 MYR 50
Economic Profit
Residual Income 0.8300 MYR 0.7900 MYR 0.5900 MYR 76

Widest divergence: Asset-Based (0.8500 MYR) versus Dividend Discount (0.2800 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 41.8M MYR
Revenue growth (YoY) +26.6%
Net margin 7.9%
Return on equity 2.1%
Free cash flow −31.7M MYR FY2025
P/E ratio 12.3
More key figures
Operating margin 1.3%
EPS (TTM) 0.0300 MYR
EPS growth (YoY) +393%
Net debt 16.0M MYR FY2025

Figures from reported company fundamentals · as of Jul 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 44 · Market factors (momentum, volatility) 32

Profitability 23
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 74
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 15
Distance to the 52-week high (market factor)
Net Issuance 77
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

LBI Capital Berhad, an investment holding company, engages in the development of residential and commercial properties in Malaysia. The company operates through two segments, Investment Holdings and Management and Property Development. It is involved in investment activities; and provision of project management services.

Full company description

LBI Capital Berhad, an investment holding company, engages in the development of residential and commercial properties in Malaysia. The company operates through two segments, Investment Holdings and Management and Property Development. It is involved in investment activities; and provision of project management services. The company was formerly known as Rumpun Hijau Capital Bhd and changed its name to LBI Capital Berhad in October 2004. The company was incorporated in 1978 and is headquartered in Shah Alam, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

LBI Capital Berhad, an investment holding company, reported revenue of 40.8M MYR in FY2025 versus 19.7M MYR in FY2021, a compound +20.0%/yr. Reported net income was 4.2M MYR in FY2025, compounding +21.7%/yr from FY2021.

Growth Quality 44/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
40.8M MYR
Latest YoY
−9.4%
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.
+15.8%
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.
−1.1%
Revenue +20.0%/yr
FY21 19.7M MYR
FY22 26.3M MYR
FY23 14.6M MYR
FY24 45.1M MYR
FY25 40.8M MYR
Net income +21.7%/yr
FY21 1.9M MYR
FY22 493K MYR
FY23 −1.4M MYR
FY24 4.3M MYR
FY25 4.2M MYR

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Cite: Fair Value Calculator (2026). "LBI Capital Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/8494

Peer Group

Real Estate - Diversified · 137 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 44 · Below median
Fair Value upside +61% · Above median
Return on equity (TTM) 2% · Below median
Return on assets 2% · Above median
Net margin (TTM) 8% · Below median
Operating margin (TTM) 1% · Bottom 25%
Revenue growth 27% · Top 25%
Debt / equity 0.03× · Lower than 75% of peers

Valuation Multiples vs Real Estate - Diversified median · lower = cheaper

P/E (TTM) 11.7× · Cheaper than median
P/B 0.07× · Cheaper than 75% of peers
P/S (TTM) 0.23× · Cheaper than 75% of peers
EV/EBITDA 2.1× · 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 46
FUTURE 100 · sector 32
PAST 8 · sector 17
HEALTH 99 · sector 75
DIVIDEND 0 · sector 45

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 LBI Capital Berhad, an investment holding company, (8494) overvalued or undervalued?
As of Jul 14, 2026, our model estimates a fair value of 0.6200 MYR versus a price of 0.3850 MYR, about +61% (undervalued).
What is the fair value of 8494?
Our model-based fair value for LBI Capital Berhad, an investment holding company, is 0.6200 MYR (as of Jul 14, 2026), built from audited fundamentals. The current price is 0.3850 MYR.
What is the quality score of 8494?
LBI Capital Berhad, an investment holding company, has a Quality Score of 42/100. 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 LBI Capital Berhad, an investment holding company, (8494)?
LBI Capital Berhad, an investment holding company, reported trailing-twelve-month revenue of about 41.8M MYR (latest available figure, as of Jul 14, 2026).
What is the net profit margin of 8494?
The net profit margin of LBI Capital Berhad, an investment holding company, is about 7.9%, meaning it keeps roughly 7.9% 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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