EN DE

Sycal Ventures Berhad, an investment holding company, (9717) Fair Value & Analysis

Industrials · MY · Market cap 70.8M MYR

SV Sycal Ventures Berhad, an investment holding company, 9717 · KLSE
Price0.1700 MYR
Fair Value0.0300 MYR
Upside-82.4%
Quality60/100
Watch Sycal Ventures Berhad, an investment holding company, for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Thin margins · 0.3% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/12)
Narrow moat 27/100
Evidence: High Range 0.0300 MYR – 0.0400 MYR Share as image

Fair value as of: Jul 13, 2026

From 21 valuation models · updated 28 days ago

A solid business, but screening 82% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.0400 MYR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (60/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

0.3350 MYR 0.1550 MYR Fair Value 0.0300 MYR May 2019 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 13, 2026.

How to read this chart

60‑month range 0.1550 MYR – 0.3350 MYR · fair‑value band 0.0300 MYR – 0.0400 MYR · the 0.1700 MYR price screens above the 0.0300 MYR fair value. Dashed = 300-day average. As of Jul 13, 2026.

Full chart & analysis →

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

Analysis

Sycal Ventures Berhad, an investment holding company, (9717) currently trades at 0.1700 MYR, while our model-based Fair Value estimate is 0.0300 MYR, implying the stock looks roughly 82.4% overvalued today. The Quality Score stands at 60/100 (solid 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: high).

Over the trailing twelve months, Sycal Ventures Berhad, an investment holding company, generated revenue of 49.1M MYR at a net margin of 0.3%. Revenue grew 98.5% year over year. It earns a return on equity of 0.2%. Net debt stands at 20.8M MYR. Fundamentals as of Jul 13, 2026

Our scenario range runs from 0.0300 MYR (bear case) to 0.0400 MYR (bull case); at 0.1700 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 17% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -45% fair-value upside, at -82%, 9717 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 0.1400 MYR 0.1800 MYR 0.2400 MYR 80
Rev-Margin DCF 0.1000 MYR 0.1500 MYR 0.2200 MYR 74
ROIC Compounder 0.0200 MYR 0.0300 MYR 0.0300 MYR 72
All 21 models by family
DCF Models
FCF DCF 0.1300 MYR 0.1800 MYR 0.2500 MYR 38
5Y Revenue Exit 0.1000 MYR 0.1500 MYR 0.2100 MYR 39
5Y EBITDA Exit 0.1100 MYR 0.1600 MYR 0.2200 MYR 41
5Y P/E Exit 0.0500 MYR 0.0600 MYR 0.0700 MYR 38
10Y Revenue Exit 0.1100 MYR 0.1500 MYR 0.1800 MYR 36
10Y EBITDA Exit 0.1200 MYR 0.1500 MYR 0.1800 MYR 37
10Y P/E Exit 0.0900 MYR 0.1000 MYR 0.1100 MYR 35
Earnings-Based
Graham-Dodd 0.0100 MYR 54
EPV 0.0200 MYR 0.0300 MYR 0.0300 MYR 59
Multiples
P/E Multiple 0.0100 MYR 0.0100 MYR 0.0100 MYR 63
P/S Multiple 0.0100 MYR 0.0100 MYR 0.0100 MYR 58
P/B Multiple 0.0100 MYR 0.0100 MYR 0.0100 MYR 55
EV/EBIT 0.1300 MYR 0.1800 MYR 0.2400 MYR 53
EV/EBITDA 0.1000 MYR 0.1500 MYR 0.1900 MYR 54
EV/Revenue 0.0800 MYR 0.1300 MYR 0.1800 MYR 43
Asset-Based
NCAV (Graham) 0.3400 MYR 0.4600 MYR 0.6800 MYR 50
Growth DCF
Growth DCF 0.1400 MYR 0.1800 MYR 0.2400 MYR 80
Rev-Margin DCF 0.1000 MYR 0.1500 MYR 0.2200 MYR 74
Economic Profit
Residual Income 0.4000 MYR 0.3500 MYR 0.2000 MYR 61
ROIC Compounder 0.0200 MYR 0.0300 MYR 0.0300 MYR 72
Growth Earnings
Growth-Adj P/E 0.0100 MYR 0.0100 MYR 0.0100 MYR 68

Widest divergence: Asset-Based (0.4600 MYR) versus Multiples (0.0100 MYR). Highest evidence: Growth DCF (80).

Notify me when 9717 reaches fair value

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

Key figures & financial health

Revenue (TTM) 49.1M MYR
Revenue growth (YoY) +98.5%
Net margin 0.3%
Return on equity 0.2%
Free cash flow 9.5M MYR FY2024
Operating margin 4.1%
More key figures
EPS growth (YoY) -87.0%
Net debt 20.8M MYR FY2024

Figures from reported company fundamentals · as of Jul 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 60/100

Of which business quality 59 · Market factors (momentum, volatility) 46

Profitability 11
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 95
Earnings quality: real cash, not paper profit
Fin. Strength 43
Balance sheet, leverage, solvency risk
Investment 98
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 82
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

Sycal Ventures Berhad, an investment holding company, engages in construction and property development in Malaysia. It operates in three segments: Construction; Property Development and Management; and Manufacturing and Trading.

Full company description

Sycal Ventures Berhad, an investment holding company, engages in construction and property development in Malaysia. It operates in three segments: Construction; Property Development and Management; and Manufacturing and Trading. The company also invests in properties; and provides property management and consultancy services; as well as operates a theme park and convention hall facilities. In addition, it manufactures and trades in ready-mix concrete; trades in building materials; and operates as a turnkey contractor, contractor for building and civil engineering and management, as well as operates plant and machinery. The company was formerly known as Cygal Bhd and changed its name to Sycal Ventures Berhad in June 2007. Sycal Ventures Berhad was founded in 1980 and is headquartered in Kuala Lumpur, Malaysia.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Sycal Ventures Berhad, an investment holding company, reported revenue of 39.9M MYR in FY2024 versus 72.3M MYR in FY2020, a compound −13.8%/yr. Reported net income was 226K MYR in FY2024, compounding −31.2%/yr from FY2020.

Growth Quality 38/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
39.9M MYR
Latest YoY
−48.1%
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.
−15.6%
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.
−5.9%
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.
−11.3%
Revenue −13.8%/yr
FY20 72.3M MYR
FY21 66.3M MYR
FY22 72.2M MYR
FY23 76.8M MYR
FY24 39.9M MYR
Net income −31.2%/yr
FY20 1.0M MYR
FY21 1.3M MYR
FY22 1.6M MYR
FY23 1.9M MYR
FY24 226K MYR

9717 screens 82% overvalued. Compare with Larsen & Toubro Limited →

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). "Sycal Ventures Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/9717

Peer Group

Engineering & Construction · 839 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 60 · Top 25%
Fair Value upside −82% · Bottom 25%
Return on equity (TTM) 0% · Below median
Return on assets 1% · Below median
Net margin (TTM) 0% · Below median
Operating margin (TTM) 4% · Below median
Revenue growth 99% · Top 25%
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/B 0.06× · Cheaper than 75% of peers
P/S (TTM) 0.35× · Cheaper than median
P/FCF 1.8× · Pricier than median
EV/EBITDA 6.1× · 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 0 · sector 16
FUTURE 100 · sector 17
PAST 1 · sector 26
HEALTH 97 · sector 94
DIVIDEND 0 · sector 33

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 13, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹3,815 ₹1,994 -48%
Samsung C&T Corporation 028260 346,000 KRW 268,779 KRW -22%
Hyundai Engineering & Construction Co 000720 99,000 KRW 63,993 KRW -35%
United Integrated Services Co 2404 1,250 TWD 925.62 TWD -26%
Samsung E&A Co 028050 42,550 KRW 44,840 KRW +5%
Rail Vikas Nigam Limited RVNL ₹232.67 ₹61.46 -74%
Daewoo Engineering & Construction Co 047040 16,240 KRW 6,507 KRW -60%
NBCC (India) Limited NBCC ₹96.32 ₹48.22 -50%
Cemindia Projects Limited CEMPRO ₹1,330 ₹730.69 -45%
KEPCO Engineering & Construction Company 052690 92,700 KRW 20,172 KRW -78%

Compare Sycal Ventures 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 Industrials 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 Sycal Ventures Berhad, an investment holding company, (9717) overvalued or undervalued?
As of Jul 13, 2026, our model estimates a fair value of 0.0300 MYR versus a price of 0.1700 MYR, about −82% (overvalued).
What is the fair value of 9717?
Our model-based fair value for Sycal Ventures Berhad, an investment holding company, is 0.0300 MYR (as of Jul 13, 2026), built from audited fundamentals. The current price is 0.1700 MYR.
What is the quality score of 9717?
Sycal Ventures Berhad, an investment holding company, has a Quality Score of 60/100. 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 Sycal Ventures Berhad, an investment holding company, (9717)?
Sycal Ventures Berhad, an investment holding company, reported trailing-twelve-month revenue of about 49.1M MYR (latest available figure, as of Jul 13, 2026).
What is the net profit margin of 9717?
The net profit margin of Sycal Ventures Berhad, an investment holding company, is about 0.3%, meaning it keeps roughly 0.3% of revenue as net income. 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 Sycal Ventures 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.