Jasa Kita Bhd (8648) Fair Value & Analysis
Industrials · MY · Market cap 98.9M MYR (≈ $24.6M) · ISIN MYL8648OO007
Strengths
Risks
Fair value as of: Aug 29, 2026
From 10 valuation models · updated yesterday
Share price −4.5% over the past month.
A solid business, trading 66% below our fair value.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
What matters now
- The price is below even our cautious bear case (0.4600 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.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 29, 2026.
How to read this chart
60‑month range 0.0348 MYR – 0.2977 MYR · fair‑value band 0.4600 MYR – 0.7600 MYR · the 0.2100 MYR price screens below the 0.6100 MYR fair value. Dashed = 300-day average. As of Aug 29, 2026.
Analysis
Jasa Kita Bhd (8648) currently trades at 0.2100 MYR, while our model-based Fair Value estimate is 0.6100 MYR, implying the stock looks roughly 190.5% 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.
Trailing-twelve-month revenue stands at 20.4M MYR. Revenue declined 9.9% year over year. It earns a return on equity of 40.8%. The stock trades on a trailing P/E of 3.0. Fundamentals as of Aug 29, 2026
Our scenario range runs from 0.4600 MYR (bear case) to 0.7600 MYR (bull case); at 0.2100 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 34% below its 52-week high and 27% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -35% fair-value upside, at 190%, 8648 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.
All 10 models by family
Widest divergence: Growth Earnings (1.07 MYR) versus Asset-Based (0.0900 MYR). Highest evidence: Residual Income (76).
Notify me when 8648 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 29, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 61 · Market factors (momentum, volatility) 37
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.
All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.
About the company
Jasa Kita Berhad, an investment holding company, engages in the manufacturing, assembling, and trading of power tools, electric induction motors, hand tools, and other industrial equipment in Malaysia. It operates through the Distribution and Trading, Investment Holding, and Others segments.
Full company description
Jasa Kita Berhad, an investment holding company, engages in the manufacturing, assembling, and trading of power tools, electric induction motors, hand tools, and other industrial equipment in Malaysia. It operates through the Distribution and Trading, Investment Holding, and Others segments. The company is involved in the sale and distribution of engineering equipment; and property investment activities. It also trades in electric motors, bathroom products, and ceramic wares; provides management, storage solutions, and warehousing services, as well as related engineering services; and buys, sells, and deals in new, used, and reconditioned automobiles. In addition, the company offers power tools under the Devon, Makita, and Metabo names; electric motor products under the Bookcrompton and Toshiba brands; and hand and air tools under the SATA and KUANI brand names. It distributes its products through a dealer network to hardware and machinery shops, and engineering products supplies shops, as well as supplies to contractors, original equipment manufacturers, and equipment fabricators. Jasa Kita Berhad was founded in 1975 and is headquartered in Kuala Lumpur, Malaysia. As of November 3, 2025, Jasa Kita Berhad was taken private.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Jasa Kita Bhd reported revenue of 20.2M MYR in FY2026 versus 21.1M MYR in FY2022, a compound −1.0%/yr. Reported net income was 30.4M MYR in FY2026, compounding +523.0%/yr from FY2022. FY2022 was a trough year, so the rate overstates the trend.
Watch 8648: get an alert when its fair value changes →
Peer Group
Tools & Accessories · 123 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.
Valuation Multiples vs Tools & Accessories median · lower = cheaper
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.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Tools & Accessories stocks, each showing price versus our Fair Value estimate (as of Aug 29, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Techtronic Industries Company 0669 | HK$138.50 | HK$78.56 | -43% |
| Snap-on Incorporated SNA | $391.86 | $344.67 | -12% |
| RBC Bearings Incorporated RBC | $513.95 | $179.94 | -65% |
| Lincoln Electric Holdings LECO | $284.90 | $151.86 | -47% |
| Stanley Black & Decker, Inc SWK | $99.24 | $52.80 | -47% |
| AB SKF (publ) SKFB | kr 275.40 | kr 180.34 | -35% |
| The Timken Company TKR | $130.25 | $64.85 | -50% |
| The Toro Company TTC | $100.35 | $69.71 | -31% |
| SFS Group SFSN | CHF 131.40 | CHF 118.30 | -10% |
| Hangzhou Greatstar Industrial Co 002444 | ¥30.51 | ¥30.38 | -0% |
Compare Jasa Kita Bhd with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Industrials stocks →
Discover undervalued stocks
Pick a strategy and jump into the live analysis with that exact screen applied.
Discover tools
Frequently asked questions
Is Jasa Kita Bhd (8648) overvalued or undervalued?
What is the fair value of 8648?
What is the quality score of 8648?
What is the revenue of Jasa Kita Bhd (8648)?
What is the net profit margin of 8648?
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.
Watch Jasa Kita Bhd in the live analysis
One click puts Jasa Kita Bhd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Watch for free →Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.