Mah Sing Group Bhd (8583) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Mah Sing Group Bhd stock MYR 1.22, price MYR 0.93, upside +31.2%, quality 47 out of 100. Rating: undervalued. Calculated from audited financials with 9 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 7, 2026.
How to read this chart
60‑month range 0.4198 MYR – 1.80 MYR · fair‑value band 1.20 MYR – 1.30 MYR · the 0.9300 MYR price screens below the 1.22 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 7, 2026.
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Mah Sing Group Berhad, an investment holding company, engages in the property development and manufacturing businesses in Malaysia, Indonesia, Singapore, Australia, Africa, the Philippines, the United States, Turkey, Vietnam, Thailand, and internationally.
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It operates through Property, Manufacturing, and Investment Holding and Others segments. The Property segment invests in and develops residential, commercial, and industrial properties.
Its Manufacturing segment is involved in the manufacture and trade of a range of plastic molded products and gloves.
The Investment Holding and Others segment engages in the provision of management and property support services; construction of residential properties; provision of hospitality management services; and trading of building materials.
The company also provides money lending, utilities and management, and project and property management services. In addition, it is involved in the operation of hotels; research and development on other natural science and engineering; and property leasing activities.
The company was founded in 1965 and is headquartered in Kuala Lumpur, Malaysia.
Stock analysis
Mah Sing Group Bhd (8583) currently trades at 0.9300 MYR, while our model-based Fair Value estimate is 1.22 MYR, implying the stock looks roughly 24% undervalued today.
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Valuation
Bull case: the Multiples group reads highest at a median of 1.73 MYR per share, and 5 of the 9 models we run sit above the 0.9300 MYR price.
Bear case: the Dividend Discount group reads lowest at 0.5000 MYR, and 4 of the 9 models stay below the price. Data coverage for this calculation is low.
Scenario range: 1.20 MYR (bear) to 1.30 MYR (bull), the price of 0.9300 MYR sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Real Estate sector.
Expensive Growth: The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Mah Sing Group Bhd reported revenue of 2.5B MYR in FY2025 versus 1.8B MYR in FY2021, a compound +9.4%/yr. Reported net income was 260M MYR in FY2025, compounding +12.8%/yr from FY2021.
Key figures
Market cap 2.4B MYR (≈ $587M) Small · P/E ratio 9.3 · P/S ratio 0.95 · EPS (TTM) 0.1000 MYR · Dividend yield 5.4% · Net margin 10.7% · Return on equity 6.8% · Return on assets (EBIT) 4.9% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 21% below its 52-week high and 5% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 33% fair-value upside, at 31%, 8583 screens richer than that median.
Fair Value models
Bear1.20 MYRFair Value 1.22 MYRBull1.30 MYR
Price 0.9300 MYR · Upside +31.2%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models. Based on fiscal year 2025 figures (about 10 months old). Earnings retained since then (0.0429 MYR per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.43/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Revenue growth 1 year
−0.1%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.8%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+10.5%
Start year 2020 (pandemic). Over 10 years: −2.1% a year
Revenue growth 19 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+8.9%
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What shareholders gained per year (last 5 years), in MYR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
≈ +14.4%
Earnings growth per share plus dividend.
Earnings per share, growth per year≈ +9.0%
Dividend (yield on the price)5.4%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.base effect: 9.0% / −4.5%
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.11% → 16%
⚠ Revenue per share shrinking 2.6%/yr over ~10Y (margins intact) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
⚠ Base effect: the rate starts in the earnings trough around 2020 (starting value 0.066 per share, median 0.15 in 2015 to 2018). It measures the recovery from the trough, not lasting growth.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Real Estate - Development · 489 stocks
Beats the industry median on 12/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside+31.2% · Above median
Profitability
Return on equity (12 months)6.8% · Above median
Return on assets3.2% · Above median
Net margin (12 months)10.7% · Above median
Operating margin (12 months)18.0% · Above median
Growth and dividend
Revenue growth (quarter YoY)16.0% · Above median
Dividend yield (12 months)5.4% · Above median
Balance sheet
Debt / equity0.47× · Above median
Valuation Multiplesvs Real Estate - Development median · lower = cheaper
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Cite: Fair Value Calculator (2026). "Mah Sing Group Bhd Fair Value". https://www.fairvalue-calculator.com/stock/8583
Frequently asked questions
Is Mah Sing Group Bhd (8583) overvalued or undervalued?
As of Nov 7, 2026, our model estimates a fair value of 1.22 MYR versus a price of 0.9300 MYR, about +31% upside (undervalued).
What is the fair value of 8583?
Our model-based fair value for Mah Sing Group Bhd is 1.22 MYR (as of Nov 7, 2026), built from audited fundamentals. The current price: 0.9300 MYR.
What is the quality score of 8583?
Mah Sing Group Bhd has a Quality Score of 47/100. 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 price target for Mah Sing Group Bhd (8583)?
Our model-based price target is the fair value of 1.22 MYR (as of Nov 7, 2026) from 9 valuation models. Cautious scenario 1.20 MYR, optimistic scenario 1.30 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Mah Sing Group Bhd stock forecast for 2026?
Our models put fair value at 1.22 MYR, about +31% upside versus a price of 0.9300 MYR (undervalued). Cautious scenario 1.20 MYR, optimistic scenario 1.30 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Mah Sing Group Bhd (8583)?
Mah Sing Group Bhd reported trailing-twelve-month revenue of about 2.5B MYR (latest available figure, as of Nov 7, 2026).
Does Mah Sing Group Bhd pay a dividend?
Mah Sing Group Bhd currently shows a dividend yield of 5.38% relative to its recent price (as of Nov 7, 2026).
How much is the dividend of Mah Sing Group Bhd (8583) and when is the ex-dividend date?
Mah Sing Group Bhd pays a dividend of 0.05 MYR per share a year, a dividend yield of 5.4%. The last ex-dividend date was May 12, 2026. A dividend has been paid every year since 2002. The payout ratio is 50.0% of earnings. Our assessment: Watch coverage. The dividend isn’t fully covered by free cash flow or earnings, part of it is funded from reserves or debt. Fine for now, but worth watching: if it stays uncovered, the dividend could be cut.
What is the intrinsic value of Mah Sing Group Bhd (8583)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Mah Sing Group Bhd it is 1.22 MYR per share (as of Nov 7, 2026), against a price of 0.9300 MYR. It is the blended result of 9 valuation models in 4 families (Dividend Discount, Multiples, Asset-Based, Economic Profit).
Is Mah Sing Group Bhd stock overvalued or undervalued in 2026?
As of Nov 7, 2026, 8583 trades below its calculated fair value: price 0.9300 MYR, fair value 1.22 MYR, a gap of about +31% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 8583?
No. The price is what the market pays today (0.9300 MYR); the fair value is what the company's own numbers justify (1.22 MYR). For Mah Sing Group Bhd the two are 0.2900 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Mah Sing Group Bhd worth?
The market values Mah Sing Group Bhd at about 2.4B MYR (market capitalisation, as of Nov 7, 2026). Per share that is 0.9300 MYR; our models calculate a fair value of 1.22 MYR per share.
What do the bullish and bearish scenarios say about 8583?
Our models span a range for Mah Sing Group Bhd: cautious scenario 1.20 MYR, base 1.22 MYR, optimistic 1.30 MYR per share (as of Nov 7, 2026, price 0.9300 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 8583?
Mah Sing Group Bhd trades at a price-to-earnings ratio of 9.3 (as of Nov 7, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.22 MYR is built from several models across several years. Median P/E at fiscal year-end, 10 fiscal years (2016 to 2025), reported earnings, FY2025 ex one-offs: 9.5. Other multiples: PEG 0.3, P/B 0.6, P/S 0.9, EV/EBITDA 6.1.
What is the PEG ratio of 8583?
The PEG ratio of Mah Sing Group Bhd is 0.27 (P/E divided by earnings growth, as of Nov 7, 2026). That is below 1, so growth is priced more cheaply than the earnings multiple alone suggests.
How solid is the balance sheet of Mah Sing Group Bhd (8583)?
Balance-sheet figures for Mah Sing Group Bhd (as of Nov 7, 2026): return on equity 6.8%, debt of 0.47 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is 8583 from its 52-week high?
Mah Sing Group Bhd trades at 0.9300 MYR, about 21% below its 52-week high of 1.18 MYR and 5% above the low of 0.8885 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 1.22 MYR is for.
Which stocks are comparable to Mah Sing Group Bhd?
From the same area (Real Estate) we also value Sun Hung Kai Properties Limited, China Resources Land Limited, CK Asset Holdings, DLF Limited, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Mah Sing Group Bhd stock attractive at the current price?
The data as of Nov 7, 2026: price 0.9300 MYR, calculated fair value 1.22 MYR (+31%), Quality Score 47/100, from 9 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 8583 calculated?
We run Mah Sing Group Bhd through 9 models from 4 families: Dividend Discount, Multiples, Asset-Based, Economic Profit. Every model gets the same audited fundamentals; the fair value of 1.22 MYR builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Mah Sing Group Bhd currently trades 24% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Mah Sing Group Bhd (8583)?
The closing price on Nov 6, 2026 was 0.9300 MYR. Our model-based fair value is 1.22 MYR, about +31% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Mah Sing Group Bhd right now?
The large discount to fair value meets weak quality (47/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (1.20 MYR). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. The models converge in a tight band (1.20 MYR to 1.30 MYR), unusually little disagreement for a valuation.
Where does the earnings growth of Mah Sing Group Bhd (8583) come from?
Earnings per share at Mah Sing Group Bhd grew −5.5 % a year from 2014 to 2025. Broken into its drivers: revenue per share −2.8 %, EBIT margin −0.5 %, tax rate −0.8 %, residual (interest, one-offs) −1.5 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Mah Sing Group Bhd
How large is the market capitalisation of Mah Sing Group Bhd (8583)?
The market capitalisation of Mah Sing Group Bhd is 2.4B MYR (≈ $587M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Mah Sing Group Bhd (8583)?
The price-to-sales ratio of Mah Sing Group Bhd is 0.95 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Mah Sing Group Bhd (8583)?
Earnings per share at Mah Sing Group Bhd are 0.1000 MYR (price ÷ EPS = P/E 9.3). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Mah Sing Group Bhd (8583)?
The dividend yield of Mah Sing Group Bhd is 5.4% (payout 50.0%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Mah Sing Group Bhd (8583)?
The net margin of Mah Sing Group Bhd is 10.7% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Mah Sing Group Bhd (8583)?
The return on equity (ROE) of Mah Sing Group Bhd is 6.8% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Mah Sing Group Bhd (8583)?
On an EBIT basis the return on assets of Mah Sing Group Bhd is 4.9% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Mah Sing Group Bhd (8583)?
The operating margin of Mah Sing Group Bhd is 18.0% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Mah Sing Group Bhd (8583)?
Revenue at Mah Sing Group Bhd is growing +16.0% versus a year earlier (3y avg +2.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Mah Sing Group Bhd (8583)?
Earnings per share at Mah Sing Group Bhd are growing +9.7% versus a year earlier. How much earnings per share grew versus a year earlier.
How much free cash flow does Mah Sing Group Bhd (8583) generate?
The free cash flow of Mah Sing Group Bhd is −253M MYR (fiscal year 2025). The cash truly left after running and investing in the business, this is what pays dividends and buybacks.
How much net debt does Mah Sing Group Bhd (8583) carry?
The net debt of Mah Sing Group Bhd is 1.1B MYR (fiscal year 2025). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 7, 2026