EN DE

Taliworks Corporation (8524) Fair Value & Analysis

Industrials · MY · Market cap 726M MYR

TC Taliworks Corporation 8524 · KLSE
Price0.2800 MYR
Fair Value0.6900 MYR
Upside+146.4%
Quality67/100
Watch Taliworks Corporation for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Solidly profitable · 17.2% net margin
Low debt · generates free cash flow
5.41% dividend yield
Ranks above peers (14/14)
Moderate moat 62/100
Evidence: Medium Range 0.4100 MYR – 1.04 MYR Share as image

Fair value as of: Jul 13, 2026

From 26 valuation models · updated 28 days ago

Share price −22.2% over the past month.

A solid business, screening 146% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.4100 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (0.4100 MYR to 1.04 MYR) leaves room in how you read the outcome.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

0.7843 MYR 0.2800 MYR Fair Value 0.6900 MYR Mar 2021 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 0.2800 MYR – 0.7843 MYR · fair‑value band 0.4100 MYR – 1.04 MYR · the 0.2800 MYR price screens below the 0.6900 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.

Full chart & analysis →

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

Analysis

Taliworks Corporation (8524) currently trades at 0.2800 MYR, while our model-based Fair Value estimate is 0.6900 MYR, implying the stock looks roughly 146.4% undervalued today. The Quality Score stands at 67/100 (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: medium), always confirm before acting.

Over the trailing twelve months, Taliworks Corporation generated revenue of 476M MYR at a net margin of 17.2%. Revenue grew 13.2% year over year. It earns a return on equity of 10.7%. Net debt stands at 207M MYR. Fundamentals as of Jul 13, 2026

Our scenario range runs from 0.4100 MYR (bear case) to 1.04 MYR (bull case); at 0.2800 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 54% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -40% fair-value upside, at 146%, 8524 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 0.3600 MYR 0.5500 MYR 0.8100 MYR 80
Residual Income 0.3100 MYR 0.3400 MYR 0.4900 MYR 76
Rev-Margin DCF 0.2700 MYR 0.4500 MYR 0.6700 MYR 74
All 26 models by family
DCF Models
FCF DCF 0.3600 MYR 0.5700 MYR 0.8600 MYR 38
Owner Earnings 0.5900 MYR 0.9100 MYR 1.37 MYR 31
5Y Revenue Exit 0.2700 MYR 0.4500 MYR 0.6800 MYR 39
5Y EBITDA Exit 0.6000 MYR 1.07 MYR 1.64 MYR 41
5Y P/E Exit 0.4600 MYR 0.8100 MYR 1.19 MYR 38
10Y Revenue Exit 0.3000 MYR 0.4600 MYR 0.6800 MYR 36
10Y EBITDA Exit 0.4900 MYR 0.8600 MYR 1.37 MYR 37
10Y P/E Exit 0.4100 MYR 0.6900 MYR 1.04 MYR 35
Earnings-Based
Graham-Dodd 0.2800 MYR 1.00 MYR 1.35 MYR 54
Lynch FV 0.2400 MYR 0.3400 MYR 0.4400 MYR 50
PEG = 1.0 0.2400 MYR 0.3400 MYR 0.4400 MYR 46
EPV 0.3600 MYR 0.4200 MYR 0.4600 MYR 59
Dividend Discount
Gordon GGM 0.1600 MYR 0.2800 MYR 0.3900 MYR 70
DDM Multi-Stage 0.1600 MYR 0.2600 MYR 0.3000 MYR 61
Multiples
P/E Multiple 0.6500 MYR 0.8700 MYR 1.09 MYR 63
P/S Multiple 0.3400 MYR 0.4600 MYR 0.5700 MYR 58
P/B Multiple 0.5300 MYR 0.7000 MYR 0.8800 MYR 55
EV/EBIT 0.8000 MYR 1.08 MYR 1.37 MYR 53
EV/EBITDA 0.8500 MYR 1.15 MYR 1.46 MYR 54
EV/Revenue 0.2300 MYR 0.3600 MYR 0.4800 MYR 43
Asset-Based
NCAV (Graham) 0.1800 MYR 0.2400 MYR 0.3500 MYR 50
Growth DCF
Growth DCF 0.3600 MYR 0.5500 MYR 0.8100 MYR 80
Rev-Margin DCF 0.2700 MYR 0.4500 MYR 0.6700 MYR 74
Economic Profit
Residual Income 0.3100 MYR 0.3400 MYR 0.4900 MYR 76
ROIC Compounder 0.3600 MYR 0.4500 MYR 0.5600 MYR 72
Growth Earnings
Growth-Adj P/E 0.4500 MYR 0.6500 MYR 0.8400 MYR 68

Widest divergence: Multiples (0.7000 MYR) versus Asset-Based (0.2400 MYR). Highest evidence: Growth DCF (80).

Notify me when 8524 reaches fair value

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

Key figures & financial health

Revenue (TTM) 476M MYR
Revenue growth (YoY) +13.2%
Net margin 17.2%
Return on equity 10.7%
Free cash flow 85.2M MYR FY2025
P/E ratio 9.0
More key figures
Operating margin 22.9%
EPS (TTM) 0.0400 MYR
Dividend yield 5.4%
EPS growth (YoY) -14.4%
Net debt 207M MYR FY2025

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

Quality Score breakdown

Overall quality 67/100

Of which business quality 63 · Market factors (momentum, volatility) 25

Profitability 39
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 71
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 0
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

Taliworks Corporation Berhad, an investment holding company, operates, manages, and maintains water treatment plants in Malaysia. It operates through Water, Construction, Toll Highway, Waste Management, Renewable Energy, and Others segments.

Full company description

Taliworks Corporation Berhad, an investment holding company, operates, manages, and maintains water treatment plants in Malaysia. It operates through Water, Construction, Toll Highway, Waste Management, Renewable Energy, and Others segments. The company is involved in water treatment and supply activities; provision of contracting, project, and management services relating to construction contracts; operation and maintenance of toll highways; and solid waste collection and public cleansing management, and other related activities. It also engages in business development and operation of solar and other renewable energy projects; provision of project consultancy and technical services; and sale of products related to water and waste treatment. The company was formerly known as Carpets International Malaysia Berhad and changed its name to Taliworks Corporation Berhad in November 2000. Taliworks Corporation Berhad is based in Kuala Lumpur, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Taliworks Corporation reported revenue of 462M MYR in FY2025 versus 244M MYR in FY2021, a compound +17.4%/yr. Reported net income was 83.5M MYR in FY2025, compounding +1.6%/yr from FY2021.

Growth Quality 83/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
462M MYR
Latest YoY
+21.3%
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.
+14.0%
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.
+8.9%
Avg. growth/yr (19Y) 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.
+6.4%
Revenue +17.4%/yr
FY21 244M MYR
FY22 312M MYR
FY23 375M MYR
FY24 381M MYR
FY25 462M MYR
Net income +1.6%/yr
FY21 78.5M MYR
FY22 55.1M MYR
FY23 42.0M MYR
FY24 73.1M MYR
FY25 83.5M MYR
Character of growth · EPS growth decomposed (2014-2025) −10.6 % p.a.
Revenue per share +1.2 pp

of which total revenue +1.9 pp · buybacks/dilution −0.7 pp

EBIT margin −7.0 pp
Tax rate −2.6 pp
Residual (interest, one-offs) −2.3 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

Watch 8524: 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). "Taliworks Corporation Fair Value". https://www.fairvalue-calculator.com/stock/8524

Peer Group

Waste Management · 166 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 67 · Top 25%
Fair Value upside +146% · Top 25%
Return on equity (TTM) 11% · Above median
Return on assets 5% · Top 25%
Net margin (TTM) 17% · Top 25%
Operating margin (TTM) 23% · Top 25%
Revenue growth 13% · Above median
Dividend yield (TTM) 5.4% · Top 25%
Debt / equity 0.27× · Lower than median

Valuation Multiples vs Waste Management median · lower = cheaper

P/E (TTM) 9.0× · Cheaper than 75% of peers
P/B 0.25× · Cheaper than 75% of peers
P/S (TTM) 0.37× · Cheaper than 75% of peers
P/FCF 2.1× · Cheaper than median
EV/EBITDA 1.5× · 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 8
FUTURE 66 · sector 22
PAST 43 · sector 25
HEALTH 87 · sector 81
DIVIDEND 100 · sector 30

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.

Similar stocks

10 more Waste Management stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Waste Management, Inc WM $233.33 $128.02 -45%
Republic Services, Inc RSG $219.20 $122.01 -44%
Waste Connections, Inc WCN C$242.43 C$78.67 -68%
Veolia Environnement SA VIE €37.51 €24.50 -35%
Clean Harbors, Inc CLH $303.64 $155.37 -49%
GFL Environmental Inc GFL C$55.40 C$94.12 +70%
Fomento de Construcciones y Contratas, S.A FCC €12.20 €7.30 -40%
GEM Co 002340 ¥6.32 ¥5.27 -17%
Zhejiang Weiming Environment Protection Co 603568 ¥16.18 ¥20.91 +29%
Cleanaway Waste Management Limited CWY A$2.34 A$1.18 -50%

Compare Taliworks Corporation 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 Taliworks Corporation (8524) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of 0.6900 MYR versus a price of 0.2800 MYR, about +146% (undervalued).
What is the fair value of 8524?
Our model-based fair value for Taliworks Corporation is 0.6900 MYR (as of Jul 13, 2026), built from audited fundamentals. The current price is 0.2800 MYR.
What is the quality score of 8524?
Taliworks Corporation has a Quality Score of 67/100. 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 Taliworks Corporation (8524)?
Taliworks Corporation reported trailing-twelve-month revenue of about 476M MYR (latest available figure, as of Jul 13, 2026).
What is the net profit margin of 8524?
The net profit margin of Taliworks Corporation is about 17.2%, meaning it keeps roughly 17.2% of revenue as net income. Based on the latest reported figures.
Does Taliworks Corporation pay a dividend?
Taliworks Corporation currently shows a dividend yield of about 5.00% relative to its recent price (as of Jul 13, 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 Taliworks Corporation 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.