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Eksons Corp Bhd (9016) Fair Value & Analysis

Basic Materials · MY · Market cap 61.4M MYR

EC Eksons Corp Bhd 9016 · KLSE
Price0.4500 MYR
Fair Value0.0700 MYR
Upside-84.4%
Quality63/100
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Strengths

Low debt · generates free cash flow

Risks

!Trades 543% ABOVE our fair value of 0.0700 MYR
!Weak Growth (revenue 5y −27.2 %/yr)
!Loss-making · -113.6% net margin
!Trails peers (3/11)
Weak Growth (revenue 5y −27.2 %/yr)
Loss-making · -113.6% net margin
Low debt · generates free cash flow
Trails peers (3/11)
Narrow moat 10/100
Evidence: Medium Range 0.0500 MYR – 0.0900 MYR Share as image

Fair value as of: Aug 19, 2026

From 9 valuation models · updated 6 days ago

Share price −2.2% over the past month.

A solid business, but trading 543% above our fair value.

What runs behind every stock

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

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What matters now

  • The price sits above even our optimistic bull case (0.0900 MYR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (63/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

0.8448 MYR 0.3707 MYR Fair Value 0.0700 MYR Jan 2019 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

60‑month range 0.3707 MYR – 0.8448 MYR · fair‑value band 0.0500 MYR – 0.0900 MYR · the 0.4500 MYR price screens above the 0.0700 MYR fair value. Dashed = 300-day average. As of Aug 19, 2026.

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Analysis

Eksons Corp Bhd (9016) currently trades at 0.4500 MYR, while our model-based Fair Value estimate is 0.0700 MYR, implying the stock looks roughly 84.4% overvalued today. The Quality Score stands at 63/100 (solid quality), in the Basic Materials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Trailing-twelve-month revenue stands at 8.7M MYR. Revenue declined 40.1% year over year. It earns a return on equity of -2.6%. Net debt stands at 1.8M MYR. Fundamentals as of Aug 19, 2026

Our scenario range runs from 0.0500 MYR (bear case) to 0.0900 MYR (bull case); at 0.4500 MYR, the current price sits above 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 13% below its 52-week high and 18% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -39% fair-value upside, at -84%, 9016 screens richer 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 0.2700 MYR 0.3000 MYR 0.3400 MYR 80
Rev-Margin DCF 0.2300 MYR 0.2600 MYR 0.2900 MYR 74
Gordon GGM 0.1700 MYR 0.1900 MYR 0.2000 MYR 70
All 9 models by family
DCF Models
FCF DCF 0.2700 MYR 0.3000 MYR 0.3500 MYR 38
5Y Revenue Exit 0.2300 MYR 0.2500 MYR 0.2900 MYR 39
10Y Revenue Exit 0.2500 MYR 0.2600 MYR 0.2800 MYR 36
Dividend Discount
Gordon GGM 0.1700 MYR 0.1900 MYR 0.2000 MYR 70
DDM Multi-Stage 0.1700 MYR 0.2000 MYR 0.2400 MYR 61
Multiples
EV/Revenue 0.2000 MYR 0.2300 MYR 0.2500 MYR 43
Asset-Based
NCAV (Graham) 1.07 MYR 1.44 MYR 2.14 MYR 50
Growth DCF
Growth DCF 0.2700 MYR 0.3000 MYR 0.3400 MYR 80
Rev-Margin DCF 0.2300 MYR 0.2600 MYR 0.2900 MYR 74

Widest divergence: Asset-Based (1.44 MYR) versus Dividend Discount (0.1900 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

P/S ratio 7.03 TTM
Net margin -114% TTM
Return on equity -2.6% TTM
Return on assets -1.2% TTM
Operating margin -145% TTM
EPS (TTM) -0.0600 MYR
More key figures
Growth
Revenue (TTM) 8.7M MYR TTM
Revenue growth (YoY) -40.1% 3y avg -46.6%
EPS growth (YoY) +246%
Balance sheet & cash flow
Free cash flow 2.7M MYR FY2026
Net debt 1.8M MYR FY2022 · ≈ 0.7 yrs of FCF

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 63/100

Of which business quality 66 · Market factors (momentum, volatility) 50

Profitability 4
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 100
Earnings quality: real cash, not paper profit
Fin. Strength 80
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 68
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 40
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.

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

Eksons Corporation Berhad, an investment holding company, manufactures and sells tropical thin plywood products in Malaysia and the Middle East. The company operates through three segments: Plywood Operations, Property and Investment Holdings, and Property Development.

Full company description

Eksons Corporation Berhad, an investment holding company, manufactures and sells tropical thin plywood products in Malaysia and the Middle East. The company operates through three segments: Plywood Operations, Property and Investment Holdings, and Property Development. It offers tropical thin plywood products for use in internal furnishing and decorative purposes under the Panda brand; manufactures and sells sawn timber and veneer; and provides management services. The company also generates and supplies power and steam; and develops commercial and residential properties. In addition, it engages in the trading and rental of properties. The company also exports its products to the United States, North America, Taiwan, and South Korea. Eksons Corporation Berhad was incorporated in 1990 and is based in Seri Kembangan, Malaysia.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Eksons Corp Bhd reported revenue of 8.7M MYR in FY2026 versus 90.8M MYR in FY2022, a compound −44.3%/yr. Reported net income was −8.2M MYR in FY2026.

Growth Quality 23/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
8.7M MYR
Latest YoY
−15.9%
Avg. revenue 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.
−46.6%
Avg. revenue 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.
−27.2%
Avg. revenue 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.
−24.5%
Value creation/yr We only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Revenue −44.3%/yr
FY22 90.8M MYR
FY23 57.3M MYR
FY24 24.5M MYR
FY25 10.4M MYR
FY26 8.7M MYR
Net income
FY22 −15.4M MYR
FY23 −18.0M MYR
FY24 15.2M MYR
FY25 −15.3M MYR
FY26 −8.2M MYR

9016 screens 84% overvalued. Compare with Simpson Manufacturing Co →

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Cite: Fair Value Calculator (2026). "Eksons Corp Bhd Fair Value". https://www.fairvalue-calculator.com/stock/9016

Peer Group

Lumber & Wood Production · 78 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 63 · Top 25%
Fair Value upside −84% · Bottom 25%
Return on assets -1% · Below median
Net margin (TTM) -114% · Bottom 25%
Operating margin (TTM) -145% · Bottom 25%
Revenue growth -40% · Bottom 25%
Dividend yield (TTM) 6.2% · Top 25%

Valuation Multiples vs Lumber & Wood Production median · lower = cheaper

P/S (TTM) 1.74× · Pricier than 75% of peers
P/FCF 5.6× · Pricier than median

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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 4
FUTURE0 · sector 0
PAST0 · sector 4
HEALTH100 · sector 91
DIVIDEND100 · sector 45

VALUE 0: the price sits above our fair-value range.

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

Similar stocks

10 more Lumber & Wood Production stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

Stock Price Fair Value vs Fair Value
Simpson Manufacturing Co SSD $194.83 $145.26 -25%
West Fraser Timber Co WFG C$97.70 C$33.38 -66%
UFP Industries, Inc UFPI $88.29 $107.07 +21%
Stella-Jones Inc SJ C$75.22 C$92.56 +23%
Boise Cascade Company BCC $84.25 $51.39 -39%
Century Plyboards (India) Limited CENTURYPLY ₹751.05 ₹201.01 -73%
DeHua TB New Decoration Material Co 002043 ¥12.58 ¥14.78 +17%
Canfor Corporation CFP C$14.77 C$4.54 -69%
Interfor Corporation IFP C$14.38 C$6.43 -55%
Kangxin New Materials Co 600076 ¥3.11 ¥0.6700 -78%

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Frequently asked questions

Is Eksons Corp Bhd (9016) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of 0.0700 MYR versus a price of 0.4500 MYR, about −84% (overvalued).
What is the fair value of 9016?
Our model-based fair value for Eksons Corp Bhd is 0.0700 MYR (as of Aug 19, 2026), built from audited fundamentals. The current price: 0.4500 MYR.
What is the quality score of 9016?
Eksons Corp Bhd has a Quality Score of 63/100. 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 Eksons Corp Bhd (9016)?
Eksons Corp Bhd reported trailing-twelve-month revenue of about 8.7M MYR (latest available figure, as of Aug 19, 2026).
What is the net profit margin of 9016?
The net profit margin of Eksons Corp Bhd is about -113.6%, meaning it is currently running at a net loss. 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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