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M K Land Holdings (8893) Fair Value & Analysis

Real Estate · MY · Market cap 193M MYR

MK M K Land Holdings 8893 · KLSE
Price0.1450 MYR
Fair Value0.3700 MYR
Upside+155.2%
Quality45/100
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Expensive Growth
Thin margins · 4.8% net margin
Low debt · negative free cash flow
Trails peers (3/11)
Narrow moat 28/100
Evidence: Medium Range 0.2500 MYR – 0.4800 MYR Share as image

Fair value as of: Jul 15, 2026

From 7 valuation models · updated 26 days ago

Share price −6.5% over the past month.

Below-average quality, screening 155% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.2500 MYR). The market is more pessimistic than our downside scenario.
  • Solid quality (45/100) at a price below fair value, the discount is the argument here, not the business quality.
  • A fairly wide model range (0.2500 MYR to 0.4800 MYR) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

0.2800 MYR 0.1300 MYR Fair Value 0.3700 MYR Mar 2021 Aug 2026

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 0.1300 MYR – 0.2800 MYR · fair‑value band 0.2500 MYR – 0.4800 MYR · the 0.1450 MYR price screens below the 0.3700 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 15, 2026.

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Analysis

M K Land Holdings (8893) currently trades at 0.1450 MYR, while our model-based Fair Value estimate is 0.3700 MYR, implying the stock looks roughly 155.2% undervalued today. The Quality Score stands at 45/100 (below-average quality), in the Real Estate 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, M K Land Holdings generated revenue of 197M MYR at a net margin of 4.8%. Revenue declined 11.9% year over year. It earns a return on equity of 0.7%. Net debt stands at 11.3M MYR. Fundamentals as of Jul 15, 2026

Our scenario range runs from 0.2500 MYR (bear case) to 0.4800 MYR (bull case); at 0.1450 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 26% below its 52-week high and 16% above its 52-week low, currently above its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 32% fair-value upside, at 155%, 8893 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
Residual Income 0.6400 MYR 0.5700 MYR 0.3500 MYR 76
P/S Multiple 0.1000 MYR 0.1300 MYR 0.1700 MYR 58
P/B Multiple 0.1000 MYR 0.1300 MYR 0.1700 MYR 55
All 7 models by family
Multiples
P/S Multiple 0.1000 MYR 0.1300 MYR 0.1700 MYR 58
P/B Multiple 0.1000 MYR 0.1300 MYR 0.1700 MYR 55
EV/EBIT 0.5000 MYR 0.6500 MYR 0.8100 MYR 53
EV/EBITDA 0.4700 MYR 0.6300 MYR 0.7800 MYR 54
EV/Revenue 0.2800 MYR 0.3900 MYR 0.5100 MYR 43
Asset-Based
NCAV (Graham) 0.5300 MYR 0.7000 MYR 1.05 MYR 50
Economic Profit
Residual Income 0.6400 MYR 0.5700 MYR 0.3500 MYR 76

Widest divergence: Asset-Based (0.7000 MYR) versus Multiples (0.3900 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 197M MYR
Revenue growth (YoY) -11.9%
Net margin 4.8%
Return on equity 0.7%
Free cash flow −21.0M MYR FY2025
P/E ratio 16.0
More key figures
Operating margin 8.2%
EPS (TTM) 0.0100 MYR
EPS growth (YoY) +36.0%
Net debt 11.3M MYR FY2025

Figures from reported company fundamentals · as of Jul 15, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 45/100

Of which business quality 43 · Market factors (momentum, volatility) 47

Profitability 15
Margins and returns on capital today
Quality Growth 58
Are margins and returns improving?
Cashflow 2
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 46
Price trend over the last 3–12 months (market factor)
52W Momentum 31
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

M K Land Holdings Berhad, an investment holding company, engages in the investment and development of properties in Malaysia. The company operates through four segments: Property Development, Leisure, Investment Holding, and Solar. It develops mixed properties; operates resorts, hotels, and theme parks; and produces solar power and other renewable energy.

Full company description

M K Land Holdings Berhad, an investment holding company, engages in the investment and development of properties in Malaysia. The company operates through four segments: Property Development, Leisure, Investment Holding, and Solar. It develops mixed properties; operates resorts, hotels, and theme parks; and produces solar power and other renewable energy. The company also provides management services and provides educational services. M K Land Holdings Berhad was incorporated in 1978 and is based in Petaling Jaya, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

M K Land Holdings reported revenue of 235M MYR in FY2025 versus 186M MYR in FY2021, a compound +6.0%/yr. Reported net income was 9.5M MYR in FY2025, compounding −17.3%/yr from FY2021.

Growth Quality 32/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
235M MYR
Latest YoY
+14.0%
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.
+6.1%
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.
+3.1%
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.
−4.5%
Revenue +6.0%/yr
FY21 186M MYR
FY22 197M MYR
FY23 214M MYR
FY24 206M MYR
FY25 235M MYR
Net income −17.3%/yr
FY21 20.4M MYR
FY22 16.4M MYR
FY23 13.4M MYR
FY24 12.1M MYR
FY25 9.5M MYR

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Cite: Fair Value Calculator (2026). "M K Land Holdings Fair Value". https://www.fairvalue-calculator.com/stock/8893

Peer Group

Real Estate - Development · 588 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 47 · Below median
Fair Value upside +155% · Top 25%
Return on equity (TTM) 1% · Below median
Return on assets -0% · Below median
Net margin (TTM) 5% · Below median
Operating margin (TTM) 8% · Below median
Revenue growth -12% · Below median
Debt / equity 0.04× · Lower than 75% of peers

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/E (TTM) 16.0× · Pricier than median
P/S (TTM) 0.24× · Cheaper than 75% of peers
EV/EBITDA 22.1× · Pricier 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 48
FUTURE 0 · sector 0
PAST 3 · sector 10
HEALTH 98 · sector 84
DIVIDEND 0 · sector 38

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 Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹657.75 ₹159.49 -76%
Lodha Developers Limited LODHA ₹1,188 ₹583.43 -51%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,125 IDR 1,330 IDR -78%
Oberoi Realty Limited OBEROIRLTY ₹1,925 ₹1,183 -39%
Godrej Properties Limited GODREJPROP ₹2,102 ₹1,044 -50%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 555.00 IDR 1,388 IDR +150%
PT Sentul City Tbk, BKSL 64.00 IDR 84.16 IDR +32%
PT Ciputra Development Tbk, CTRA 555.00 IDR 1,388 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,100 IDR 6,239 IDR +52%

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Frequently asked questions

Is M K Land Holdings (8893) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 0.3700 MYR versus a price of 0.1450 MYR, about +155% (undervalued).
What is the fair value of 8893?
Our model-based fair value for M K Land Holdings is 0.3700 MYR (as of Jul 15, 2026), built from audited fundamentals. The current price is 0.1450 MYR.
What is the quality score of 8893?
M K Land Holdings has a Quality Score of 45/100. 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 M K Land Holdings (8893)?
M K Land Holdings reported trailing-twelve-month revenue of about 197M MYR (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 8893?
The net profit margin of M K Land Holdings is about 4.8%, meaning it keeps roughly 4.8% 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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