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Rohas Tecnic Berhad, an investment holding company, (9741) Fair Value & Analysis

Industrials · MY · Market cap 92.2M MYR

RT Rohas Tecnic Berhad, an investment holding company, 9741 · KLSE
Price0.1800 MYR
Fair Value0.1400 MYR
Upside-22.2%
Quality43/100
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Mixed Growth
Thin margins · 0.9% net margin
Low debt · negative free cash flow
Trails peers (3/11)
Narrow moat 24/100
Evidence: Medium Range 0.1000 MYR – 0.1700 MYR Share as image

Fair value as of: Jul 18, 2026

From 12 valuation models · updated 23 days ago

Share price −10.0% over the past month.

Below-average quality, and screening another 22% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.1700 MYR). The favourable scenario is already priced in.
  • Weak quality (43/100) and above fair value at the same time, the margin of safety is missing on both counts.
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Price vs Fair Value (5 years)

0.4200 MYR 0.1650 MYR Fair Value 0.1400 MYR Feb 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 18, 2026.

How to read this chart

60‑month range 0.1650 MYR – 0.4200 MYR · fair‑value band 0.1000 MYR – 0.1700 MYR · the 0.1800 MYR price screens above the 0.1400 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 18, 2026.

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Analysis

Rohas Tecnic Berhad, an investment holding company, (9741) currently trades at 0.1800 MYR, while our model-based Fair Value estimate is 0.1400 MYR, implying the stock looks roughly 22.2% overvalued today. The Quality Score stands at 43/100 (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, Rohas Tecnic Berhad, an investment holding company, generated revenue of 332M MYR at a net margin of 0.9%. Revenue grew 73.1% year over year. It earns a return on equity of 0.8%. Net debt stands at 37.4M MYR. Fundamentals as of Jul 18, 2026

Our scenario range runs from 0.1000 MYR (bear case) to 0.1700 MYR (bull case); at 0.1800 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 42% below its 52-week high and 13% 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 -22%, 9741 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
Residual Income 0.4200 MYR 0.3700 MYR 0.2300 MYR 76
ROIC Compounder 0.1400 MYR 0.1600 MYR 0.1700 MYR 72
Growth-Adj P/E 0.0700 MYR 0.1000 MYR 0.1300 MYR 68
All 12 models by family
Earnings-Based
Graham-Dodd 0.0400 MYR 0.0500 MYR 0.0600 MYR 54
EPV 0.1400 MYR 0.1600 MYR 0.1700 MYR 59
Multiples
P/E Multiple 0.1000 MYR 0.1400 MYR 0.1700 MYR 63
P/S Multiple 0.0800 MYR 0.1100 MYR 0.1400 MYR 58
P/B Multiple 0.0800 MYR 0.1100 MYR 0.1400 MYR 55
EV/EBIT 0.4400 MYR 0.5800 MYR 0.7200 MYR 53
EV/EBITDA 0.5600 MYR 0.7400 MYR 0.9200 MYR 54
EV/Revenue 0.3200 MYR 0.4500 MYR 0.5800 MYR 43
Asset-Based
NCAV (Graham) 0.3400 MYR 0.4600 MYR 0.6800 MYR 50
Economic Profit
Residual Income 0.4200 MYR 0.3700 MYR 0.2300 MYR 76
ROIC Compounder 0.1400 MYR 0.1600 MYR 0.1700 MYR 72
Growth Earnings
Growth-Adj P/E 0.0700 MYR 0.1000 MYR 0.1300 MYR 68

Widest divergence: Asset-Based (0.4600 MYR) versus Earnings-Based (0.0500 MYR). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 332M MYR
Revenue growth (YoY) +73.1%
Net margin 0.9%
Return on equity 0.8%
Free cash flow −41.0M MYR FY2025
P/E ratio 19.5
More key figures
Operating margin -1.4%
EPS (TTM) 0.0100 MYR
EPS growth (YoY) +1,527%
Net debt 37.4M MYR FY2025

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

Quality Score breakdown

Overall quality 43/100

Of which business quality 41 · Market factors (momentum, volatility) 33

Profitability 19
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 10
Earnings quality: real cash, not paper profit
Fin. Strength 48
Balance sheet, leverage, solvency risk
Investment 76
Disciplined investing over empire-building
Low Volatility 53
Calm price path (market factor)
Momentum 31
Price trend over the last 3–12 months (market factor)
52W Momentum 13
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

Rohas Tecnic Berhad, an investment holding company, manufactures and sells steel lattice towers, and monopoles for power transmission and telecommunications in Malaysia, Bangladesh, Cambodia, and Nepal.

Full company description

Rohas Tecnic Berhad, an investment holding company, manufactures and sells steel lattice towers, and monopoles for power transmission and telecommunications in Malaysia, Bangladesh, Cambodia, and Nepal. It operates through Fabrication of Towers; Engineering, Procurement, Construction and Commissioning (EPCC); Concession; Telecommunication Structure Services; Investment Holding; and Others segments. The company engages in the design and fabrication of power transmission and telecommunication towers; construction, operation, and maintenance of infrastructure facilities under concession basis; and operation of a hot-dip galvanising plant. It also provides mechanical and electrical engineering, procurement, erection/construction of power transmission towers and telecommunication towers, and water treatment, water supply and sewerage treatment plants; and telecommunication tower leasing services. In addition, the company engages in the provision of other fabrication and installation works, telecommunication system and infra network installation services, and management services; operates as a contractor for installing electrical transmission lines and provision of other related services; designing, supplying, fabrication and installation of steel structures; construction activities and other general contract works and other related activities; acts as a contractor for water and wastewater treatment sectors and pipeline construction and other related activities; and development and operation of hydro power plant. Further, it provides information technology services. Rohas Tecnic Berhad is headquartered in Kuala Lumpur, Malaysia.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Rohas Tecnic Berhad, an investment holding company, reported revenue of 294M MYR in FY2025 versus 218M MYR in FY2021, a compound +7.8%/yr. Reported net income was 3.1M MYR in FY2025.

Growth Quality 55/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
294M MYR
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.
+14.6%
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.
−7.1%
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.
+4.5%
Revenue +7.8%/yr
FY21 218M MYR
FY22 436M MYR
FY23 364M MYR
FY24 328M MYR
FY25 294M MYR
Net income
FY21 −11.3M MYR
FY22 18.3M MYR
FY23 3.3M MYR
FY24 −5.1M MYR
FY25 3.1M MYR

9741 screens 22% overvalued. Compare with Larsen & Toubro Limited →

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Cite: Fair Value Calculator (2026). "Rohas Tecnic Berhad, an investment holding company, Fair Value". https://www.fairvalue-calculator.com/stock/9741

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 43 · Below median
Fair Value upside −22% · Below median
Return on equity (TTM) 1% · Below median
Return on assets 2% · Below median
Net margin (TTM) 1% · Below median
Operating margin (TTM) -1% · Bottom 25%
Revenue growth 73% · Top 25%
Debt / equity 0.25× · Higher than median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 19.5× · Pricier than median
P/B 0.07× · Cheaper than 75% of peers
P/S (TTM) 0.07× · 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 4 · sector 16
FUTURE 100 · sector 17
PAST 3 · sector 26
HEALTH 88 · sector 94
DIVIDEND 0 · sector 33

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 18, 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%

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Frequently asked questions

Is Rohas Tecnic Berhad, an investment holding company, (9741) overvalued or undervalued?
As of Jul 18, 2026, our model estimates a fair value of 0.1400 MYR versus a price of 0.1800 MYR, about −22% (overvalued).
What is the fair value of 9741?
Our model-based fair value for Rohas Tecnic Berhad, an investment holding company, is 0.1400 MYR (as of Jul 18, 2026), built from audited fundamentals. The current price is 0.1800 MYR.
What is the quality score of 9741?
Rohas Tecnic Berhad, an investment holding company, has a Quality Score of 43/100. 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 Rohas Tecnic Berhad, an investment holding company, (9741)?
Rohas Tecnic Berhad, an investment holding company, reported trailing-twelve-month revenue of about 332M MYR (latest available figure, as of Jul 18, 2026).
What is the net profit margin of 9741?
The net profit margin of Rohas Tecnic Berhad, an investment holding company, is about 0.9%, meaning it keeps roughly 0.9% 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.

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