Ekovest Bhd (8877) Fair Value & Analysis

Industrials · MY · Market cap 593M MYR (≈ $147M) · ISIN MYL8877OO002

A solid business, trading 63% below our fair value.

What runs behind every stock

26 valuation models 8 families, DCF to NCAV 37 quality factors margins, balance sheet, cashflow, debt 6 AI factors moat, what no ratio measures 2,000+ data points verified, per stock, median

69 individual criteria per stock, every one traceable See the method →

What matters now

• The price is below even our cautious bear case (0.3600 MYR). The market is more pessimistic than our downside scenario.
• Solid quality (52/100) 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 Jul 15, 2026.

How to read this chart

60‑month range 0.1800 MYR – 0.5950 MYR · fair‑value band 0.3600 MYR – 0.4900 MYR · the 0.1800 MYR price screens below the 0.4900 MYR fair value. Dashed = 300-day average. As of Jul 15, 2026.

Full chart & analysis →

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

Analysis

Ekovest Bhd (8877) currently trades at 0.1800 MYR, while our model-based Fair Value estimate is 0.4900 MYR, implying the stock looks roughly 172.2% undervalued today. The Quality Score stands at 52/100 (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, Ekovest Bhd generated revenue of 869M MYR at a net margin of -19.7%. Revenue declined 53.1% year over year. It earns a return on equity of -4.6%. Net debt stands at 6.0B MYR. Fundamentals as of Jul 15, 2026

Our scenario range runs from 0.3600 MYR (bear case) to 0.4900 MYR (bull case); at 0.1800 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 62% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -46% fair-value upside, at 172%, 8877 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.

Widest divergence: Asset-Based (0.4900 MYR) versus Multiples (0.0400 MYR). Highest evidence: EV/EBITDA (54).

Key figures & financial health

Quality Score breakdown

About the company

Ekovest Berhad, an investment holding company, engages in civil engineering and building works in Malaysia, Indonesia, and the People's Republic of China. It operates through Construction Operations, Property Development, Toll Operations, Plantation, Property Investment, and Other segments.

Full company description

Ekovest Berhad, an investment holding company, engages in civil engineering and building works in Malaysia, Indonesia, and the People's Republic of China. It operates through Construction Operations, Property Development, Toll Operations, Plantation, Property Investment, and Other segments. The company is involved in project management for construction works; property development and investment; renewable energy; the trade of quarry stones and commercial goods; and the operation of hotels and restaurants, as well as acting as project coordinator. It constructs, operates, manages, and maintains a park and ride building; designs, constructs, operates, manages, and maintains, the Duta-Ulu Kelang and Setiawangsa-Pantai expressways; manages and operates a forest plantation, logging, sawmilling, chipping, other downstream manufacturing and related activities, and oil palm plantation, as well as undertakes construction works. In addition, the company engages in owning estates, operating, managing, maintaining, and harvesting durian, banana, and pineapple plantations; other durian-related business; trade of food and beverages; design and development of durian investment schemes; planting and cultivation of agricultural products; and forest plantation development and logging-related activities. Further, it trades in fresh and processed fruits; manages contract farming; wholesale of a variety of goods; and packaging, wholesale, trade, and export, bananas and pineapples. Additionally, the company provides fruit stalls; operates as a durian collection, processing, and packaging center; and manufactures, produces, trades, markets, and exports biomass wood pallets and other wood products, as well as durian and related downstream products. The company was formerly known as Ekovest Bina Sdn. Bhd. and changed its name to Ekovest Berhad in 1992. Ekovest Berhad was incorporated in 1985 and is headquartered in Kuala Lumpur, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Ekovest Bhd reported revenue of 993M MYR in FY2025 versus 1.4B MYR in FY2021, a compound −7.5%/yr. Reported net income was −139M MYR in FY2025.

Watch 8877: get an alert when its fair value changes →

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.

Valuation Multiples vs Engineering & Construction 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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

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

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.