Lay Hong Bhd (9385) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Lay Hong Bhd MYR 1.33, price MYR 0.25, upside +432.0%, quality 47 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Lay Hong Bhd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 24, 2026.
How to read this chart
60‑month range 0.2012 MYR – 0.4496 MYR · fair‑value band 0.8500 MYR – 1.94 MYR · the 0.2500 MYR price screens below the 1.33 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 1 fiscal year is left out: there the valuation rested on only a fraction of the usual models. Dashed = 300-day average. As of Sep 24, 2026.
Follow Lay Hong Bhd in your weekly email
Every Wednesday you see whether Lay Hong Bhd is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Lay Hong Berhad, an investment holding company, engages in the integrated livestock farming in Malaysia. The company operates through Integrated Livestock Farming, Food Manufacturing, and Retail Business segments.
Show more
Lay Hong Berhad, an investment holding company, engages in the integrated livestock farming in Malaysia. The company operates through Integrated Livestock Farming, Food Manufacturing, and Retail Business segments. It also offers table eggs, liquid eggs, chicken and parts, chilled and frozen dressed chicken, processed related chicken products, as well as chicken frankfurters and nuggets, fried chicken, etc. In addition, the company is involved in the contract package of specialized chicken cuts and chicken-related products for fast food chains. It sells its products under the Nutriplus and Wise Choice names. Further, it engages in layer parent stock breeder farming and hatchery; production of organic fertiliser; boiler farming; food manufacturing; and egg processing. The company operates supermarkets under the G-Mart name; and retail shops under the MYSHOP and JT Trading names. Lay Hong Berhad was incorporated in 1983 and is based in Klang, Malaysia.
Stock analysis
Lay Hong Bhd (9385) currently trades at 0.2500 MYR, while our model-based Fair Value estimate is 1.33 MYR, implying the stock looks roughly 81.2% undervalued today.
Show more
Valuation
Bull case: the Multiples group reads highest at a median of 1.60 MYR per share, and 24 of the 24 models we run sit above the 0.2500 MYR price.
Bear case: the Earnings-Based group reads lowest at 0.4300 MYR, and 0 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: 0.8500 MYR (bear) to 1.94 MYR (bull), the price of 0.2500 MYR sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 47/100 (below-average quality), in the Consumer Defensive sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Lay Hong Bhd reported revenue of 1.1B MYR in FY2026 versus 960M MYR in FY2022, a compound +4.0%/yr. Reported net income was 64.5M MYR in FY2026.
Key figures
Market cap 190M MYR (≈ $46.5M) · P/E ratio 3.1 · P/S ratio 0.18 · EPS (TTM) 0.0800 MYR · Dividend yield 1.7% · Net margin 5.7% · Return on equity 8.6% · Return on assets (EBIT) 7.6%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 22% below its 52-week high and 14% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at 10% fair-value upside, at 432%, 9385 screens cheaper than that median.
Fair Value models
Bear 0.8500 MYRFair Value 1.33 MYRBull 1.94 MYR
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single model. Based on fiscal year 2026 figures (about 6 months old). Earnings retained since then (0.0408 MYR per share) are deliberately not added.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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.62/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Revenue growth 1 year
+4.8%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+1.7%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+4.0%
Start year 2021 (pandemic). Over 10 years: +5.7% a year
Revenue growth 13 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+6.1%
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
’26
What shareholders gained per year (last 5 years), in MYR ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+78.1%
Earnings growth per share plus dividend.
Earnings per share, growth per year+76.4%
Dividend (yield on the price)1.7%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.76.4% vs 11.0%, picking up
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.3% → 8%
Start year 2021 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−12.2%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Malaysia: IMF forecast 2.0% a year to 2030, 1.8% from 2016 to 2025) that is about −13.9% a year for the price.
Price, fair value, quality and upside side by side.
Free, no sign-up
Peer Groupⓘ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.Farm Products · 279 stocks
Beats the industry median on 11/14 measures
Overall it ranks above its industry peers.
Valuation
Quality Score47 · Below median
Fair Value upside+200.0% · Top 25%
Profitability
Return on equity (TTM)8.6% · Above median
Return on assets4.7% · Above median
Net margin (TTM)5.7% · Above median
Operating margin (TTM)4.7% · Below median
Growth and dividend
Revenue growth20.1% · Top 25%
Dividend yield (TTM)1.7% · Below median
Balance sheet
Debt / equity0.06× · Below median
Valuation Multiplesvs Farm Products median · lower = cheaper
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). "Lay Hong Bhd Fair Value". https://www.fairvalue-calculator.com/stock/9385
Frequently asked questions
Is Lay Hong Bhd (9385) overvalued or undervalued?
As of Sep 24, 2026, our model estimates a fair value of 1.33 MYR versus a price of 0.2500 MYR, about +432% upside (undervalued).
What is the fair value of 9385?
Our model-based fair value for Lay Hong Bhd is 1.33 MYR (as of Sep 24, 2026), built from audited fundamentals. The current price: 0.2500 MYR.
What is the quality score of 9385?
Lay Hong Bhd has a Quality Score of 47/100. 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 price target for Lay Hong Bhd (9385)?
Our model-based price target is the fair value of 1.33 MYR (as of Sep 24, 2026) from 24 valuation models. Cautious scenario 0.8500 MYR, optimistic scenario 1.94 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Lay Hong Bhd stock forecast for 2026?
Our models put fair value at 1.33 MYR, about +432% upside versus a price of 0.2500 MYR (undervalued). Cautious scenario 0.8500 MYR, optimistic scenario 1.94 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Lay Hong Bhd (9385)?
Lay Hong Bhd reported trailing-twelve-month revenue of about 1.1B MYR (latest available figure, as of Sep 24, 2026).
Does Lay Hong Bhd pay a dividend?
Lay Hong Bhd currently shows a dividend yield of about 1.74% relative to its recent price (as of Sep 24, 2026).
What growth is priced into Lay Hong Bhd (9385)?
For today's price to be fair in a discounted-cash-flow model, Lay Hong Bhd would have to grow free cash flow by -12.2 % per year for five years (discount rate 9.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +4.0 % per year. As of Sep 24, 2026.
What discount rate (WACC) does the fair value of 9385 use?
Our models discount Lay Hong Bhd at 9.7 %: a base by market capitalisation (nano), damped by beta 0.41, country premium for Malaysia. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Lay Hong Bhd that is -12.2 % per year a year over ten years, using the same discount rate (9.7 %) and the same formula as our fair value.
How much growth has Lay Hong Bhd (9385) delivered so far?
Over the past 5 years revenue at Lay Hong Bhd grew +4.0 % a year. The price currently implies -12.2 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Lay Hong Bhd (9385) growing?
The median revenue growth in the sector is +2.8 % a year. That is the yardstick for the growth priced into Lay Hong Bhd (-12.2 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Lay Hong Bhd (9385)?
The free-cash-flow yield on the price is 22.50 %: that much free cash flow Lay Hong Bhd produces per unit of market value. When it exceeds the discount rate of our models (9.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Lay Hong Bhd (9385)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Lay Hong Bhd it is 1.33 MYR per share (as of Sep 24, 2026), against a price of 0.2500 MYR. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is Lay Hong Bhd stock overvalued or undervalued in 2026?
As of Sep 24, 2026, 9385 trades below its calculated fair value: price 0.2500 MYR, fair value 1.33 MYR, a gap of about +432% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of 9385?
No. The price is what the market pays today (0.2500 MYR); the fair value is what the company's own numbers justify (1.33 MYR). For Lay Hong Bhd the two are 1.08 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Lay Hong Bhd worth?
The market values Lay Hong Bhd at about 190M MYR (market capitalisation, as of Sep 24, 2026). Per share that is 0.2500 MYR; our models calculate a fair value of 1.33 MYR per share.
What do the bullish and bearish scenarios say about 9385?
Our models span a range for Lay Hong Bhd: cautious scenario 0.8500 MYR, base 1.33 MYR, optimistic 1.94 MYR per share (as of Sep 24, 2026, price 0.2500 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of 9385?
Lay Hong Bhd trades at a price-to-earnings ratio of 3.1 (as of Sep 24, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.33 MYR is built from several models across several years. Other multiples: P/B 0.2, P/S 0.2, EV/EBITDA 1.1.
How solid is the balance sheet of Lay Hong Bhd (9385)?
Balance-sheet figures for Lay Hong Bhd (as of Sep 24, 2026): return on equity 8.6%, debt of 0.06 per unit of equity. They feed the Quality Score of 47/100, which measures business quality independently of the share price.
How far is 9385 from its 52-week high?
Lay Hong Bhd trades at 0.2500 MYR, about 22% below its 52-week high of 0.3200 MYR and 14% above the low of 0.2200 MYR (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 1.33 MYR is for.
Which stocks are comparable to Lay Hong Bhd?
From the same area (Consumer Defensive) we also value Archer-Daniels-Midland Company, Muyuan Foods Group, Bunge Global SA, Tyson Foods, Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Lay Hong Bhd stock attractive at the current price?
The data as of Sep 24, 2026: price 0.2500 MYR, calculated fair value 1.33 MYR (+432%), Quality Score 47/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of 9385 calculated?
We run Lay Hong Bhd through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 1.33 MYR, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. Lay Hong Bhd currently trades 81 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Lay Hong Bhd (9385)?
The closing price on Oct 2, 2026 was 0.2500 MYR. Our model-based fair value is 1.33 MYR, about +432% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Lay Hong Bhd right now?
The price is below even our cautious bear case (0.8500 MYR). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (47/100) at a price below fair value, the discount is the argument here, not the business quality. A fairly wide model range (0.8500 MYR to 1.94 MYR) leaves room in how you read the outcome.
Key figures of Lay Hong Bhd
How large is the market capitalisation of Lay Hong Bhd (9385)?
The market capitalisation of Lay Hong Bhd is 190M MYR (≈ $46.5M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Lay Hong Bhd (9385)?
The price-to-sales ratio of Lay Hong Bhd is 0.18 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Lay Hong Bhd (9385)?
Earnings per share at Lay Hong Bhd are 0.0800 MYR (price ÷ EPS = P/E 3.1). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Lay Hong Bhd (9385)?
The dividend yield of Lay Hong Bhd is 1.7% (payout 5.4%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Lay Hong Bhd (9385)?
The net margin of Lay Hong Bhd is 5.7% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Lay Hong Bhd (9385)?
The return on equity (ROE) of Lay Hong Bhd is 8.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Lay Hong Bhd (9385)?
On an EBIT basis the return on assets of Lay Hong Bhd is 7.6% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Lay Hong Bhd (9385)?
The operating margin of Lay Hong Bhd is 4.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Lay Hong Bhd (9385)?
Revenue at Lay Hong Bhd is growing +20.1% versus a year earlier (3y avg +1.7%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Lay Hong Bhd (9385)?
Earnings per share at Lay Hong Bhd are growing −19.5% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Lay Hong Bhd (9385) carry?
The net debt of Lay Hong Bhd is 63.5M MYR (fiscal year 2026, ≈ 1.5 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Lay Hong Bhd in the live analysis
One click puts Lay Hong Bhd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
