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9059 Fair Value & Analysis

Consumer Defensive · MY · Market cap 1.5B MYR

9 9059 9059 · KLSE
Price1.18 MYR
Fair Value2.14 MYR
Upside+81.6%
Quality80/100
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Healthy Growth
Solidly profitable · 15.8% net margin
Low debt · generates free cash flow
4.00% dividend yield
Ranks above peers (13/14)
Moderate moat 60/100
Evidence: Medium Range 1.62 MYR – 2.78 MYR Share as image

Fair value as of: Jul 17, 2026

From 22 valuation models · updated 24 days ago

Fair value updated Jul 17, 2026, revised from 2.97 MYR to 2.14 MYR (−27.8%) since Jun 25, 2026. Share price −1.7% over the past month.

A strong business, screening 82% undervalued on our models.

What matters now

  • The rarer combination: high quality (80/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (1.62 MYR). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

1.54 MYR 0.7548 MYR Fair Value 2.14 MYR Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 17, 2026.

How to read this chart

60‑month range 0.7548 MYR – 1.54 MYR · fair‑value band 1.62 MYR – 2.78 MYR · the 1.18 MYR price screens below the 2.14 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 17, 2026.

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Analysis

9059 (9059) currently trades at 1.18 MYR, while our model-based Fair Value estimate is 2.14 MYR, implying the stock looks roughly 81.6% undervalued today. The Quality Score stands at 80/100 (high quality), in the Consumer Defensive 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, 9059 generated revenue of 990M MYR at a net margin of 15.8%. Revenue declined 25.5% year over year. It earns a return on equity of 8.9%. The balance sheet holds a net cash position of 99.0M MYR. Fundamentals as of Jul 17, 2026

Our scenario range runs from 1.62 MYR (bear case) to 2.78 MYR (bull case); at 1.18 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 14% below its 52-week high and 16% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at 102% fair-value upside, at 82%, 9059 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 2.10 MYR 2.61 MYR 3.40 MYR 80
Residual Income 1.26 MYR 1.36 MYR 1.54 MYR 76
Rev-Margin DCF 1.51 MYR 1.94 MYR 2.50 MYR 74
All 22 models by family
DCF Models
FCF DCF 2.04 MYR 2.58 MYR 3.48 MYR 38
Owner Earnings 1.60 MYR 2.00 MYR 2.68 MYR 31
5Y Revenue Exit 1.51 MYR 1.90 MYR 2.46 MYR 39
5Y EBITDA Exit 2.50 MYR 3.61 MYR 5.09 MYR 41
5Y P/E Exit 2.16 MYR 3.03 MYR 4.07 MYR 38
10Y Revenue Exit 1.71 MYR 2.00 MYR 2.30 MYR 36
10Y EBITDA Exit 2.28 MYR 2.97 MYR 3.71 MYR 37
10Y P/E Exit 2.10 MYR 2.64 MYR 3.16 MYR 35
Earnings-Based
Graham-Dodd 1.00 MYR 1.23 MYR 1.38 MYR 54
EPV 1.60 MYR 1.79 MYR 1.94 MYR 59
Multiples
P/E Multiple 2.33 MYR 3.10 MYR 3.88 MYR 63
P/S Multiple 1.03 MYR 1.37 MYR 1.71 MYR 58
P/B Multiple 1.88 MYR 2.51 MYR 3.14 MYR 55
EV/EBIT 3.10 MYR 4.05 MYR 4.99 MYR 53
EV/EBITDA 3.29 MYR 4.30 MYR 5.31 MYR 54
EV/Revenue 1.16 MYR 1.55 MYR 1.93 MYR 43
Asset-Based
NCAV (Graham) 0.7700 MYR 1.03 MYR 1.54 MYR 50
Growth DCF
Growth DCF 2.10 MYR 2.61 MYR 3.40 MYR 80
Rev-Margin DCF 1.51 MYR 1.94 MYR 2.50 MYR 74
Economic Profit
Residual Income 1.26 MYR 1.36 MYR 1.54 MYR 76
ROIC Compounder 1.60 MYR 1.81 MYR 2.02 MYR 72
Growth Earnings
Growth-Adj P/E 1.64 MYR 2.35 MYR 3.05 MYR 68

Widest divergence: DCF Models (2.58 MYR) versus Asset-Based (1.03 MYR). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 990M MYR
Revenue growth (YoY) -25.5%
Net margin 15.8%
Return on equity 8.9%
Free cash flow 271M MYR FY2025
P/E ratio 9.7
More key figures
Operating margin 25.1%
EPS (TTM) 0.1200 MYR
Dividend yield 4.5%
EPS growth (YoY) -52.6%
Net cash 99.0M MYR FY2025

Figures from reported company fundamentals · as of Jul 17, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 80/100

Of which business quality 78 · Market factors (momentum, volatility) 54

Profitability 44
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 91
Earnings quality: real cash, not paper profit
Fin. Strength 88
Balance sheet, leverage, solvency risk
Investment 88
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 38
Distance to the 52-week high (market factor)
Net Issuance 100
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

TSH Resources Berhad, an investment holding company, primarily engages in oil palm cultivation and processing, and forest plantation activities in Malaysia, Indonesia, Southwest Pacific, the United States, and internationally. It operates through Palm Products and Others segments.

Full company description

TSH Resources Berhad, an investment holding company, primarily engages in oil palm cultivation and processing, and forest plantation activities in Malaysia, Indonesia, Southwest Pacific, the United States, and internationally. It operates through Palm Products and Others segments. The Palm Products segment operates oil palm plantations; and manufactures and sells crude palm oil and palm kernel. The Others segment is involved in manufacturing and sale of downstream wood products; operating forest management unit; manufacturing, sale, and trading of cocoa products; and generation and supply of electricity from biomass plants. It undertakes Islamic securities transactions; trades goods; operates biogas power plant and palm oil mill; produces and supplies tree plantlets and plantables grown through tissue culture process; supplies and installs timber flooring; sub-licenses strip lock systems; and provides management services. TSH Resources Berhad was incorporated in 1979 and is based in Kuala Lumpur, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

9059 reported revenue of 1.1B MYR in FY2025 versus 1.2B MYR in FY2021, a compound −2.8%/yr. Reported net income was 183M MYR in FY2025, compounding +1.9%/yr from FY2021.

Growth Quality 77/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.1B MYR
Latest YoY
+4.2%
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.
−6.7%
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.
+6.3%
Avg. growth/yr (20Y) 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.
+3.4%
Revenue −2.8%/yr
FY21 1.2B MYR
FY22 1.3B MYR
FY23 1.1B MYR
FY24 1.0B MYR
FY25 1.1B MYR
Net income +1.9%/yr
FY21 169M MYR
FY22 456M MYR
FY23 95.1M MYR
FY24 136M MYR
FY25 183M MYR
Character of growth · EPS growth decomposed (2014-2025) +4.6 % p.a.
Revenue per share +0.8 pp

of which total revenue +0.9 pp · buybacks/dilution −0.1 pp

EBIT margin +5.4 pp
Tax rate −0.3 pp
Residual (interest, one-offs) −1.2 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "9059 Fair Value". https://www.fairvalue-calculator.com/stock/9059

Peer Group

Farm Products · 288 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 80 · Top 25%
Fair Value upside +82% · Top 25%
Return on equity (TTM) 9% · Above median
Return on assets 6% · Top 25%
Net margin (TTM) 16% · Top 25%
Operating margin (TTM) 25% · Top 25%
Revenue growth -26% · Bottom 25%
Dividend yield (TTM) 4.0% · Above median
Debt / equity 0.04× · Lower than median

Valuation Multiples vs Farm Products median · lower = cheaper

P/E (TTM) 10.3× · Cheaper than median
P/B 0.20× · Cheaper than 75% of peers
P/S (TTM) 0.38× · Cheaper than median
P/FCF 1.4× · Cheaper than median
PEG 0.70× · Cheaper 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.

VALUE 100 · sector 25
FUTURE 0 · sector 20
PAST 36 · sector 17
HEALTH 98 · sector 94
DIVIDEND 80 · 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 Farm Products stocks, each showing price versus our Fair Value estimate (as of Jul 17, 2026).

Stock Price Fair Value vs Fair Value
Muyuan Foods Group 002714 ¥40.90 ¥48.19 +18%
Wens Foodstuff Group 300498 ¥14.51 ¥12.08 -17%
Mowi ASA MOWI kr 188.40 kr 262.59 +39%
PT Charoen Pokphand Indonesia Tbk, CPIN 3,120 IDR 7,076 IDR +127%
Charoen Pokphand Foods Public Company CPF 22.00 THB 55.71 THB +153%
PT Triputra Agro Persada Tbk TAPG 1,540 IDR 3,105 IDR +102%
PT FAP Agri Tbk FAPA 7,300 IDR 7,463 IDR +2%
PT Japfa Comfeed Indonesia Tbk JPFA 2,070 IDR 7,231 IDR +249%
Thaifoods Group TFGR 10.60 THB 23.53 THB +122%
PT Jhonlin Agro Raya Tbk JARR 1,845 IDR 610.80 IDR -67%

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Frequently asked questions

Is 9059 overvalued or undervalued?
As of Jul 17, 2026, our model estimates a fair value of 2.14 MYR versus a price of 1.18 MYR, about +82% (undervalued).
What is the fair value of 9059?
Our model-based fair value for 9059 is 2.14 MYR (as of Jul 17, 2026), built from audited fundamentals. The current price is 1.18 MYR.
What is the quality score of 9059?
9059 has a Quality Score of 80/100. 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 9059?
9059 reported trailing-twelve-month revenue of about 990M MYR (latest available figure, as of Jul 17, 2026).
What is the net profit margin of 9059?
The net profit margin of 9059 is about 15.8%, meaning it keeps roughly 15.8% of revenue as net income. Based on the latest reported figures.
Does 9059 pay a dividend?
9059 currently shows a dividend yield of about 4.46% relative to its recent price (as of Jul 17, 2026).

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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