EN DE

Iconic Worldwide Berhad, an investment holding company, (9113) Fair Value & Analysis

Healthcare · MY · Market cap 110M MYR

IW Iconic Worldwide Berhad, an investment holding company, 9113 · KLSE
Price0.0600 MYR
Fair Value0.0423 MYR
Upside-29.5%
Quality37/100
Watch Iconic Worldwide Berhad, an investment holding company, for free, get notified when fair value or trend changes. Watch for free
Expensive Growth
Loss-making · -3.2% net margin
Low debt · negative free cash flow
Trails peers (4/11)
Narrow moat 20/100
Evidence: Medium Range 0.0358 MYR – 0.0553 MYR Share as image

Fair value as of: Jul 15, 2026

From 13 valuation models · updated 26 days ago

Share price −7.7% over the past month.

Below-average quality, and screening another 30% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.0553 MYR). The favourable scenario is already priced in.
  • Weak quality (37/100) and above fair value at the same time, the margin of safety is missing on both counts.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

0.5104 MYR 0.0600 MYR Fair Value 0.0423 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 0.0600 MYR – 0.5104 MYR · fair‑value band 0.0358 MYR – 0.0553 MYR · the 0.0600 MYR price screens above the 0.0423 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.

Full chart & analysis →

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

Analysis

Iconic Worldwide Berhad, an investment holding company, (9113) currently trades at 0.0600 MYR, while our model-based Fair Value estimate is 0.0423 MYR, implying the stock looks roughly 29.5% overvalued today. The Quality Score stands at 37/100 (below-average quality), in the Healthcare 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).

Over the trailing twelve months, Iconic Worldwide Berhad, an investment holding company, generated revenue of 57.7M MYR at a net margin of -3.2%. Revenue grew 28.2% year over year. It earns a return on equity of -1.0%. Net debt stands at 72.7M MYR. Fundamentals as of Jul 15, 2026

Our scenario range runs from 0.0358 MYR (bear case) to 0.0553 MYR (bull case); at 0.0600 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 29% below its 52-week high, currently below its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -43% fair-value upside, at -30%, 9113 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
ROIC Compounder 0.0100 MYR 72
Growth-Adj P/E 0.0200 MYR 0.0300 MYR 0.0400 MYR 68
P/E Multiple 0.0300 MYR 0.0400 MYR 0.0500 MYR 63
All 13 models by family
DCF Models
Owner Earnings 0.0100 MYR 31
Earnings-Based
Graham-Dodd 0.0100 MYR 0.0200 MYR 0.0300 MYR 54
EPV 0.0100 MYR 59
Multiples
P/E Multiple 0.0300 MYR 0.0400 MYR 0.0500 MYR 63
P/S Multiple 0.0200 MYR 0.0300 MYR 0.0400 MYR 58
P/B Multiple 0.0200 MYR 0.0300 MYR 0.0400 MYR 55
EV/EBIT 0.0300 MYR 0.0600 MYR 0.0800 MYR 53
EV/EBITDA 0.0300 MYR 0.0500 MYR 0.0700 MYR 54
EV/Revenue 0.0100 MYR 43
Asset-Based
NCAV (Graham) 0.0500 MYR 0.0700 MYR 0.1100 MYR 50
Economic Profit
Residual Income 0.0700 MYR 0.0600 MYR 0.0400 MYR 61
ROIC Compounder 0.0100 MYR 72
Growth Earnings
Growth-Adj P/E 0.0200 MYR 0.0300 MYR 0.0400 MYR 68

Widest divergence: Asset-Based (0.0700 MYR) versus Earnings-Based (0.0200 MYR). Highest evidence: ROIC Compounder (72).

Notify me when 9113 reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 57.7M MYR
Revenue growth (YoY) +28.2%
Net margin -3.2%
Return on equity -1.0%
Free cash flow −18.3M MYR FY2025
Operating margin -0.8%
More key figures
EPS growth (YoY) -99.6%
Net debt 72.7M MYR FY2025

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

Quality Score breakdown

Overall quality 37/100

Of which business quality 35 · Market factors (momentum, volatility) 30

Profitability 17
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 40
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 9
Distance to the 52-week high (market factor)
Net Issuance 40
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

Iconic Worldwide Berhad, an investment holding company, engages in tourism and property businesses in Malaysia, Turkey, Hong Kong, Thailand, Philippines, the Middle East Indonesia, Australia, Thailand, and India.It operates through four segments: Property, Manufacturing, Hospitality services, and Others.

Full company description

Iconic Worldwide Berhad, an investment holding company, engages in tourism and property businesses in Malaysia, Turkey, Hong Kong, Thailand, Philippines, the Middle East Indonesia, Australia, Thailand, and India.It operates through four segments: Property, Manufacturing, Hospitality services, and Others. The company develops and sells residential, commercial properties and undertakes management of car park operations. It also provides hospitality management and related services; operates as a hotelier; management services for hotels and residences; property investment; and manufactures, distributes, and deals in personal protective equipment products and related appliances, such as disposable face masks and gloves; and personal hygiene, and cosmetics related products. The company was formerly known as Sanbumi Holdings Berhad and changed its name to Iconic Worldwide Berhad in August 2019. Iconic Worldwide Berhad is based in Bukit Mertajam, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Iconic Worldwide Berhad, an investment holding company, reported revenue of 47.4M MYR in FY2025 versus 49.2M MYR in FY2021, a compound −0.9%/yr. Reported net income was 3.1M MYR in FY2025, compounding −22.7%/yr from FY2021.

Growth Quality 52/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
47.4M MYR
Latest YoY
−5.8%
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.
−23.8%
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.
+14.4%
Avg. growth/yr (12Y) 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.
−5.0%
Revenue −0.9%/yr
FY21 49.2M MYR
FY22 107M MYR
FY23 86.8M MYR
FY24 50.3M MYR
FY25 47.4M MYR
Net income −22.7%/yr
FY21 8.8M MYR
FY22 9.6M MYR
FY23 −24.7M MYR
FY24 −117M MYR
FY25 3.1M MYR

9113 screens 30% overvalued. Compare with Intuitive Surgical, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "Iconic Worldwide Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/9113

Peer Group

Medical Instruments & Supplies · 203 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 37 · Bottom 25%
Fair Value upside −33% · Below median
Return on assets 2% · Below median
Net margin (TTM) -3% · Bottom 25%
Operating margin (TTM) -1% · Bottom 25%
Revenue growth 28% · Top 25%
Debt / equity 0.41× · Higher than 75% of peers

Valuation Multiples vs Medical Instruments & Supplies median · lower = cheaper

P/B 0.15× · Cheaper than 75% of peers
P/S (TTM) 0.47× · Cheaper than 75% of peers
EV/EBITDA 7.3× · Cheaper 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 0 · sector 0
FUTURE 100 · sector 27
PAST 0 · sector 25
HEALTH 80 · sector 96
DIVIDEND 0 · sector 32

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

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Medical Instruments & Supplies stocks, each showing price versus our Fair Value estimate (as of Jul 15, 2026).

Stock Price Fair Value vs Fair Value
Intuitive Surgical, Inc ISRG $402.33 $150.04 -63%
EssilorLuxottica Société anonyme 1EL €172.45 €68.55 -60%
Medline Inc MDLN $41.11 $30.15 -27%
Becton, Dickinson and Company BDX $150.65 $103.53 -31%
Alcon Inc ALC $70.26 $39.78 -43%
ResMed Inc RMD $203.87 $187.89 -8%
West Pharmaceutical Services, Inc WST $353.71 $143.97 -59%
Straumann Holding STMN CHF 106.00 CHF 47.31 -55%
Sartorius Stedim Biotech S.A DIM €188.50 €51.16 -73%
Coloplast A/S COLOB kr 414.00 kr 382.22 -8%

Compare Iconic Worldwide Berhad, an investment holding company, with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Healthcare stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is Iconic Worldwide Berhad, an investment holding company, (9113) overvalued or undervalued?
As of Jul 15, 2026, our model estimates a fair value of 0.0423 MYR versus a price of 0.0600 MYR, about −30% (overvalued).
What is the fair value of 9113?
Our model-based fair value for Iconic Worldwide Berhad, an investment holding company, is 0.0423 MYR (as of Jul 15, 2026), built from audited fundamentals. The current price is 0.0600 MYR.
What is the quality score of 9113?
Iconic Worldwide Berhad, an investment holding company, has a Quality Score of 37/100. 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 Iconic Worldwide Berhad, an investment holding company, (9113)?
Iconic Worldwide Berhad, an investment holding company, reported trailing-twelve-month revenue of about 57.7M MYR (latest available figure, as of Jul 15, 2026).
What is the net profit margin of 9113?
The net profit margin of Iconic Worldwide Berhad, an investment holding company, is about -3.2%, 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.

14 days Pro free · no card

Track Iconic Worldwide Berhad, an investment holding company, and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.