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Crest Builder Holdings (8591) Fair Value & Analysis

Industrials · MY · Market cap 95.6M MYR

CB Crest Builder Holdings 8591 · KLSE
Price0.4350 MYR
Fair Value1.11 MYR
Upside+154.0%
Quality42/100
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Healthy Growth
Thin margins · 2.0% net margin
Moderate debt · generates free cash flow
Ranks above peers (9/13)
Narrow moat 30/100
Evidence: High Range 0.7480 MYR – 1.38 MYR Share as image

Fair value as of: Jul 11, 2026

From 23 valuation models · updated 30 days ago

Share price −7.4% over the past month.

Below-average quality, screening 154% 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 (0.7480 MYR). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (0.7480 MYR to 1.38 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

0.7550 MYR 0.4250 MYR Fair Value 1.11 MYR May 2020 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 11, 2026.

How to read this chart

60‑month range 0.4250 MYR – 0.7550 MYR · fair‑value band 0.7480 MYR – 1.38 MYR · the 0.4350 MYR price screens below the 1.11 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 11, 2026.

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Analysis

Crest Builder Holdings (8591) currently trades at 0.4350 MYR, while our model-based Fair Value estimate is 1.11 MYR, implying the stock looks roughly 154.0% undervalued today. The Quality Score stands at 42/100 (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, Crest Builder Holdings generated revenue of 737M MYR at a net margin of 2.0%. Revenue grew 55.5% year over year. It earns a return on equity of 4.6%. Net debt stands at 487M MYR. Fundamentals as of Jul 11, 2026

Our scenario range runs from 0.7480 MYR (bear case) to 1.38 MYR (bull case); at 0.4350 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 28% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at 154%, 8591 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 1.84 MYR 3.57 MYR 5.95 MYR 80
Residual Income 1.05 MYR 1.00 MYR 0.7800 MYR 76
Rev-Margin DCF 1.40 MYR 3.14 MYR 5.46 MYR 74
All 23 models by family
DCF Models
FCF DCF 1.92 MYR 3.98 MYR 7.05 MYR 38
5Y Revenue Exit 1.40 MYR 3.17 MYR 5.56 MYR 39
5Y EBITDA Exit 1.76 MYR 3.93 MYR 6.67 MYR 41
5Y P/E Exit 0.5700 MYR 1.42 MYR 2.35 MYR 38
10Y Revenue Exit 1.51 MYR 3.12 MYR 5.59 MYR 36
10Y EBITDA Exit 1.77 MYR 3.61 MYR 6.41 MYR 37
10Y P/E Exit 1.09 MYR 2.01 MYR 3.23 MYR 35
Earnings-Based
Graham-Dodd 0.4200 MYR 2.14 MYR 2.96 MYR 54
Lynch FV 0.5800 MYR 0.8300 MYR 1.08 MYR 50
PEG = 1.0 0.5800 MYR 0.8300 MYR 1.08 MYR 46
EPV 0.4300 MYR 0.6300 MYR 0.7900 MYR 59
Multiples
P/E Multiple 0.9700 MYR 1.30 MYR 1.62 MYR 63
P/S Multiple 0.7900 MYR 1.05 MYR 1.31 MYR 58
P/B Multiple 0.7900 MYR 1.05 MYR 1.31 MYR 55
EV/EBIT 2.04 MYR 3.12 MYR 4.20 MYR 53
EV/EBITDA 1.94 MYR 2.98 MYR 4.03 MYR 54
EV/Revenue 1.11 MYR 2.10 MYR 3.10 MYR 43
Asset-Based
NCAV (Graham) 0.7900 MYR 1.05 MYR 1.57 MYR 50
Growth DCF
Growth DCF 1.84 MYR 3.57 MYR 5.95 MYR 80
Rev-Margin DCF 1.40 MYR 3.14 MYR 5.46 MYR 74
Economic Profit
Residual Income 1.05 MYR 1.00 MYR 0.7800 MYR 76
ROIC Compounder 0.4300 MYR 0.6300 MYR 0.7900 MYR 72
Growth Earnings
Growth-Adj P/E 0.8800 MYR 1.26 MYR 1.64 MYR 68

Widest divergence: DCF Models (3.17 MYR) versus Economic Profit (0.6300 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 737M MYR
Revenue growth (YoY) +55.5%
Net margin 2.0%
Return on equity 4.6%
Free cash flow 68.1M MYR FY2025
P/E ratio 6.5
More key figures
Operating margin 7.2%
EPS (TTM) 0.0700 MYR
EPS growth (YoY) +30.2%
Net debt 487M MYR FY2025

Figures from reported company fundamentals · as of Jul 11, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 42/100

Of which business quality 41 · Market factors (momentum, volatility) 40

Profitability 22
Margins and returns on capital today
Quality Growth 71
Are margins and returns improving?
Cashflow 68
Earnings quality: real cash, not paper profit
Fin. Strength 13
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 93
Calm price path (market factor)
Momentum 25
Price trend over the last 3–12 months (market factor)
52W Momentum 5
Distance to the 52-week high (market factor)
Net Issuance 0
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

Crest Builder Holdings Berhad, an investment holding company, operates as a construction, and mechanical and electrical (M&E) engineering contractor in Malaysia. The company operates through four segments: Construction, Concession Arrangement, Investment Holding, and Property Development.

Full company description

Crest Builder Holdings Berhad, an investment holding company, operates as a construction, and mechanical and electrical (M&E) engineering contractor in Malaysia. The company operates through four segments: Construction, Concession Arrangement, Investment Holding, and Property Development. It designs, constructs, completes, and maintains roads, bridges, and other infrastructures; undertakes infrastructure works for hotels; and provides design and build services. The company also constructs schools and institutions of higher learning, such as universities and colleges; housing units, including staff quarters, hostels, and residential colleges; hospitals; and commercial and residential buildings. In addition, it offers M&E engineering services, such as air conditioning and mechanical ventilation, electrical, firefighting, cold water, and plumbing services, as well as gas services. Further, the company is involved in the development and sale of residential and commercial properties; and property investment and management activities. Additionally, it provides car park management and project management services; and invests in shares and other products. The company was founded in 1983 and is headquartered in Petaling Jaya, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Crest Builder Holdings reported revenue of 673M MYR in FY2025 versus 255M MYR in FY2021, a compound +27.4%/yr. Reported net income was 13.0M MYR in FY2025.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
673M MYR
Latest YoY
+17.2%
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.
+24.8%
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.
+18.3%
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.
+2.6%
Revenue +27.4%/yr
FY21 255M MYR
FY22 346M MYR
FY23 488M MYR
FY24 575M MYR
FY25 673M MYR
Net income
FY21 −45.0M MYR
FY22 −15.0M MYR
FY23 −38.9M MYR
FY24 5.6M MYR
FY25 13.0M MYR

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Cite: Fair Value Calculator (2026). "Crest Builder Holdings Fair Value". https://www.fairvalue-calculator.com/stock/8591

Peer Group

Engineering & Construction · 839 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 42 · Below median
Fair Value upside +154% · Top 25%
Return on equity (TTM) 5% · Below median
Return on assets 2% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 7% · Above median
Revenue growth 56% · Top 25%
Debt / equity 0.86× · Higher than 75% of peers

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 6.5× · Cheaper than 75% of peers
P/B 0.07× · Cheaper than 75% of peers
P/S (TTM) 0.03× · Cheaper than 75% of peers
P/FCF 0.3× · Cheaper than 75% of peers
EV/EBITDA 4.1× · 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 16
FUTURE 100 · sector 17
PAST 18 · sector 26
HEALTH 57 · sector 94
DIVIDEND 0 · sector 33

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 11, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

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Frequently asked questions

Is Crest Builder Holdings (8591) overvalued or undervalued?
As of Jul 11, 2026, our model estimates a fair value of 1.11 MYR versus a price of 0.4350 MYR, about +154% (undervalued).
What is the fair value of 8591?
Our model-based fair value for Crest Builder Holdings is 1.11 MYR (as of Jul 11, 2026), built from audited fundamentals. The current price is 0.4350 MYR.
What is the quality score of 8591?
Crest Builder Holdings 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 Crest Builder Holdings (8591)?
Crest Builder Holdings reported trailing-twelve-month revenue of about 737M MYR (latest available figure, as of Jul 11, 2026).
What is the net profit margin of 8591?
The net profit margin of Crest Builder Holdings is about 2.0%, meaning it keeps roughly 2.0% 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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