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9237 Fair Value & Analysis

Basic Materials · MY · Market cap 88.5M MYR

9 9237 9237 · KLSE
Price0.1200 MYR
Fair Value0.1800 MYR
Upside+50.0%
Quality12/100
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Weak Growth
Loss-making · -36.1% net margin
Low debt · negative free cash flow
Ranks above peers (7/11)
Narrow moat 40/100
Evidence: Low Range 0.1200 MYR – 0.2300 MYR Share as image

Fair value as of: Jul 16, 2026

From 1 valuation models · updated 25 days ago

Below-average quality, screening 50% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (12/100). That raises the risk this is a value trap rather than a bargain.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • A fairly wide model range (0.1200 MYR to 0.2300 MYR) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

2.96 MYR 0.1150 MYR Fair Value 0.1800 MYR Jan 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 16, 2026.

How to read this chart

60‑month range 0.1150 MYR – 2.96 MYR · fair‑value band 0.1200 MYR – 0.2300 MYR · the 0.1200 MYR price screens below the 0.1800 MYR fair value. Dashed = 300-day average. As of Jul 16, 2026.

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Analysis

9237 (9237) currently trades at 0.1200 MYR, while our model-based Fair Value estimate is 0.1800 MYR, implying the stock looks roughly 50.0% undervalued today. The Quality Score stands at 12/100 (below-average quality), in the Basic Materials 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: low), always confirm before acting.

Over the trailing twelve months, 9237 generated revenue of 64.3M MYR at a net margin of -36.1%. Revenue declined 5.6% year over year. It earns a return on equity of 47.5%. Net debt stands at 81.4M MYR. Fundamentals as of Jul 16, 2026

Our scenario range runs from 0.1200 MYR (bear case) to 0.2300 MYR (bull case); at 0.1200 MYR, the current price sits within 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 57% below its 52-week high and 9% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -59% fair-value upside, at 50%, 9237 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
NCAV (Graham) 0.0900 MYR 0.1200 MYR 0.1800 MYR 50
All 1 models by family
Asset-Based
NCAV (Graham) 0.0900 MYR 0.1200 MYR 0.1800 MYR 50

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Key figures & financial health

Revenue (TTM) 64.3M MYR
Revenue growth (YoY) -5.6%
Net margin -36.1%
Return on equity 47.5%
Free cash flow −62.4M MYR FY2024
P/E ratio 12.0
More key figures
Operating margin -10.1%
EPS (TTM) 0.0100 MYR
EPS growth (YoY) -91.6%
Net debt 81.4M MYR FY2024

Figures from reported company fundamentals · as of Jul 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 12/100

Of which business quality 14 · Market factors (momentum, volatility) 28

Profitability 3
Margins and returns on capital today
Quality Growth 0
Are margins and returns improving?
Cashflow 3
Earnings quality: real cash, not paper profit
Fin. Strength 39
Balance sheet, leverage, solvency risk
Investment 3
Disciplined investing over empire-building
Low Volatility 45
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 12
Distance to the 52-week high (market factor)
Net Issuance 29
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

Sarawak Consolidated Industries Berhad, an investment holding company, manufactures and sells precast concrete products and industrialized building systems for use in the infrastructure and construction industries primarily in Malaysia. The company operates through Corporate, Property Trading, Construction/EPCC/Project Management, and Others segments.

Full company description

Sarawak Consolidated Industries Berhad, an investment holding company, manufactures and sells precast concrete products and industrialized building systems for use in the infrastructure and construction industries primarily in Malaysia. The company operates through Corporate, Property Trading, Construction/EPCC/Project Management, and Others segments. The Corporate segment provides management services. The Property Trading segment deals and trades in properties. The Construction/EPCC/Project Management segment supplies and installs industrialized building system components, construction contracts, engineering, procurement, construction, and commissioning that includes ping system, process control and instrumentation, equipment installation, road construction, road maintenance, and other related services. The Others segment is involved in the trading of shares, dropship, and trading sales. It also engages in property investment and development; dealing with capital markets and derivatives instruments; infrastructure and other related business; prefabricated lightweight system products; trading of construction materials; and manufacturing and sale of precast concrete pipes, prestressed spun concrete piles, and other related concrete products. The company was formerly known as Sarawak Concrete Industries Berhad and changed its name to Sarawak Consolidated Industries Berhad in July 2009. The company was incorporated in 1975 and is headquartered in Kuching, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

9237 reported revenue of 94.1M MYR in FY2025 versus 128M MYR in FY2021, a compound −7.5%/yr. Reported net income was −33.3M MYR in FY2025.

Growth Quality 13/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
94.1M MYR
Latest YoY
−46.5%
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.
−10.7%
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.
−13.9%
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.
+2.9%
Revenue −7.5%/yr
FY21 128M MYR
FY22 132M MYR
FY23 167M MYR
FY24 176M MYR
FY25 94.1M MYR
Net income
FY21 −43.6M MYR
FY22 −24.3M MYR
FY23 4.5M MYR
FY24 −1.9M MYR
FY25 −33.3M MYR

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Cite: Fair Value Calculator (2026). "9237 Fair Value". https://www.fairvalue-calculator.com/stock/9237

Peer Group

Building Materials · 253 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 14 · Bottom 25%
Fair Value upside +50% · Top 25%
Return on equity (TTM) 47% · Top 25%
Return on assets 9% · Top 25%
Net margin (TTM) -36% · Bottom 25%
Operating margin (TTM) -10% · Bottom 25%
Revenue growth -6% · Below median
Debt / equity 0.14× · Lower than median

Valuation Multiples vs Building Materials median · lower = cheaper

P/E (TTM) 12.0× · Cheaper than median
P/B 0.16× · Cheaper than 75% of peers
P/S (TTM) 0.34× · 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 27
FUTURE 0 · sector 2
PAST 100 · sector 15
HEALTH 93 · sector 92
DIVIDEND 0 · sector 42

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 Building Materials stocks, each showing price versus our Fair Value estimate (as of Jul 16, 2026).

Stock Price Fair Value vs Fair Value
CRH plc CRH $102.92 $70.57 -31%
UltraTech Cement Limited ULTRACEMCO ₹11,711 ₹4,719 -60%
China Jushi Co 600176 ¥54.52 ¥13.95 -74%
Grasim Industries Limited GRASIM ₹3,073 ₹1,245 -59%
CEMEX, S.A. CEMEXCPO 21.71 MXN 15.42 MXN -29%
Anhui Conch Cement Company 600585 ¥16.99 ¥26.14 +54%
Ambuja Cements Limited AMBUJACEM ₹435.25 ₹227.96 -48%
Shree Cement Limited SHREECEM ₹26,930 ₹8,215 -69%
TCC Group 1101B 43.70 TWD 10.48 TWD -76%
Taiwan Glass Ind. Corp 1802 53.30 TWD 13.98 TWD -74%

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Frequently asked questions

Is 9237 overvalued or undervalued?
As of Jul 16, 2026, our model estimates a fair value of 0.1800 MYR versus a price of 0.1200 MYR, about +50% (undervalued).
What is the fair value of 9237?
Our model-based fair value for 9237 is 0.1800 MYR (as of Jul 16, 2026), built from audited fundamentals. The current price is 0.1200 MYR.
What is the quality score of 9237?
9237 has a Quality Score of 12/100. 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 9237?
9237 reported trailing-twelve-month revenue of about 64.3M MYR (latest available figure, as of Jul 16, 2026).
What is the net profit margin of 9237?
The net profit margin of 9237 is about -36.1%, 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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