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Ho Wah Genting Berhad, an investment holding company, (9601) Fair Value & Analysis

Industrials · MY · Market cap 24.7M MYR

HW Ho Wah Genting Berhad, an investment holding company, 9601 · KLSE
Price0.1050 MYR
Fair Value0.0700 MYR
Upside-33.3%
Quality39/100
Weak Growth
Loss-making · -8.4% net margin
Low debt · generates free cash flow
Trails peers (4/11)
Narrow moat 16/100
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Evidence: Medium Range 0.0600 MYR – 0.0900 MYR Share as image

Fair value as of: Jul 18, 2026

From 13 valuation models · updated 14 days ago

Share price −8.7% over the past month.

What matters now

  • The price sits above even our optimistic bull case (0.0900 MYR). The favourable scenario is already priced in.
  • Weak quality (39/100) and above fair value at the same time, the margin of safety is missing on both counts.

Price vs Fair Value (12 months)

0.1950 MYR 0.1000 MYR Fair Value 0.0700 MYR Aug 2025 Jul 2026

12‑month range 0.1000 MYR – 0.1950 MYR · fair‑value band 0.0600 MYR – 0.0900 MYR · the 0.1050 MYR price screens above the 0.0700 MYR fair value. As of Jul 18, 2026.

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Analysis

Ho Wah Genting Berhad, an investment holding company, (9601) currently trades at 0.1050 MYR, while our model-based Fair Value estimate is 0.0700 MYR, implying the stock looks roughly 33.3% overvalued today. We read business quality at 39/100 (below-average quality), in the Industrials 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, Ho Wah Genting Berhad, an investment holding company, generated revenue of 294M MYR at a net margin of -8.4%. Revenue declined 26.4% year over year. Net debt stands at 3.3M MYR. Fundamentals as of Jul 18, 2026

Our scenario range runs from 0.0600 MYR (bear case) to 0.0900 MYR (bull case); at 0.1050 MYR, the current price sits above that range. The share trades about 56% below its 52-week high, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -33%, 9601 screens cheaper than that median.

Key figures & financial health

Revenue (TTM) 294M MYR
Revenue growth (YoY) -26.4%
Net margin -8.4%
Return on equity -454%
Free cash flow 13.6M MYR FY2025
Operating margin -9.9%
More key figures
EPS (TTM) -0.0200 MYR
EPS growth (YoY) -19.7%
Net debt 3.3M MYR FY2025

Figures from reported company fundamentals · as of Jul 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 39/100
Profitability 28
Quality Growth 31
Cashflow 48
Fin. Strength 56
Investment 97
Low Volatility 64
Momentum 16
52W Momentum 2
Net Issuance 42

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

Ho Wah Genting Berhad, an investment holding company, manufactures and sells wires and cables, moulded power supply cord sets, and cable assemblies for electrical and electronic devices and equipment in Malaysia, rest of Asia, and the United States. It operates through three segments: Investment, Moulded Power Supply Cord Sets, and Healthcare.

Full company description

Ho Wah Genting Berhad, an investment holding company, manufactures and sells wires and cables, moulded power supply cord sets, and cable assemblies for electrical and electronic devices and equipment in Malaysia, rest of Asia, and the United States. It operates through three segments: Investment, Moulded Power Supply Cord Sets, and Healthcare. The company offers power supply cords, cord sets, low emission diode and lighting sets, cord reels, and electronic and building wires; and invests in properties, as well as involved in the trading of moulded power supply cord sets and cable assemblies. It also provides health supplements, and biotechnology and healthcare technology solutions. Ho Wah Genting Berhad was incorporated in 1993 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

Ho Wah Genting Berhad, an investment holding company, reported revenue of 271M MYR in FY2025 versus 451M MYR in FY2021, a compound −11.9%/yr. Reported net income was −3.6M MYR in FY2025.

Revenue −11.9%/yr
FY21 451M MYR
FY22 280M MYR
FY23 255M MYR
FY24 328M MYR
FY25 271M MYR
Net income
FY21 −5.4M MYR
FY22 −1.1M MYR
FY23 1.2M MYR
FY24 −2.2M MYR
FY25 −3.6M MYR

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Cite: Fair Value Calculator (2026). "Ho Wah Genting Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/9601.KLSE

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 / 0
FUTURE 0 / 56
PAST 0 / 23
HEALTH 95 / 97
DIVIDEND 0 / 17

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 Electrical Equipment & Parts stocks, each showing price versus our Fair Value estimate (as of Jul 18, 2026).

Stock Price Fair Value vs Fair Value
Contemporary Amperex Technology Co CYATY $23.70 $14.62 -38%
ABB Ltd ABLZF $107.67 $35.93 -67%
Delta Electronics (Thailand) Public Company TDED 12.39 SGD 1.48 SGD -88%
LG Energy Solution, Ltd 373220 385,500 KRW 7,302 KRW -98%
WEG S.A WEGE3 13,210 ARS 7,316 ARS -45%
Sungrow Power Supply Co 300274 ¥163.46 ¥245.40 +50%
Shenzhen Inovance Technology Co 300124 ¥68.95 ¥50.24 -27%
HD Hyundai Electric Co 267260 956,000 KRW 463,865 KRW -51%
LS ELECTRIC Co 010120 236,000 KRW 27,089 KRW -89%
Sieyuan Electric Co 002028 ¥175.00 ¥96.22 -45%

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Frequently asked questions

Is Ho Wah Genting Berhad, an investment holding company, (9601) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 0.0700 MYR versus a price of 0.1050 MYR, about −33% (overvalued).
What is the fair value of 9601?
Our model-based fair value for Ho Wah Genting Berhad, an investment holding company, is 0.0700 MYR (as of Jul 18, 2026), built from audited fundamentals. The current price is 0.1050 MYR.
What is the quality score of 9601?
Ho Wah Genting Berhad, an investment holding company, has a Quality Score of 39/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Ho Wah Genting Berhad, an investment holding company, (9601)?
Ho Wah Genting Berhad, an investment holding company, reported trailing-twelve-month revenue of about 294M MYR (latest available figure, as of Jul 18, 2026).
What is the net profit margin of 9601?
The net profit margin of Ho Wah Genting Berhad, an investment holding company, is about -8.4%, 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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