Sinmah Capital Bhd (9776) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Sinmah Capital Bhd stock MYR 0.11, price MYR 0.32, that is 65.6% below the price, quality 56 out of 100. Rating: strongly overvalued. Calculated from audited financials with 7 of our 26 valuation models and 37 quality factors, updated daily.
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. As of Nov 3, 2026.
How to read this chart
60‑month range 0.0350 MYR – 0.4950 MYR · fair‑value band 0.0900 MYR – 0.1300 MYR · the 0.3200 MYR price screens above the 0.1100 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 3, 2026.
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Rivertree STF Synergies Berhad, an investment holding company, engages in the property development business in Malaysia. It operates through Housing development and Other business segments. The company develops and constructs residential and commercial properties.
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It is also involved in the property management; building construction; general trading and management; and healthcare related activities, as well as operates as a general contractor.
The company was formerly known as Sinmah Capital Berhad and changed its name to Rivertree STF Synergies Berhad in January 2026. Rivertree STF Synergies Berhad was incorporated in 1994 and is headquartered in Kuala Lumpur, Malaysia.
Stock analysis
Sinmah Capital Bhd (9776) currently trades at 0.3200 MYR, while our model-based Fair Value estimate is 0.1100 MYR, 66% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 0.1100 MYR per share, and 0 of the 7 models we run sit above the 0.3200 MYR price.
Bear case: the Asset-Based group reads lowest at 0.0500 MYR, and 7 of the 7 models stay below the price. Data coverage for this calculation is low.
Scenario range: 0.0900 MYR (bear) to 0.1300 MYR (bull), the price of 0.3200 MYR sits above 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 56/100 (solid quality), in the Consumer Defensive sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Sinmah Capital Bhd reported revenue of 32.7M MYR in FY2024 versus 114M MYR in FY2020, a compound −26.8%/yr. Reported net income was −41.8M MYR in FY2024.
Key figures
Market cap 153M MYR (≈ $37.7M) Micro · P/S ratio 6.90 · EPS (TTM) −0.0300 MYR · Net margin −128% · Return on equity −4,805% · Return on assets (EBIT) −17.3% (5-year average) · Operating margin 7.4% · Revenue (TTM) 21.8M MYR.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 20 out of 100 (low confidence).
What moves the price
The share trades about 21% below its 52-week high and 33% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at −1% fair-value upside, at −66%, 9776 screens richer than that median.
Fair Value models
Bear0.0900 MYRFair Value 0.1100 MYRBull0.1300 MYR
Price 0.3200 MYR · Downside -65.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.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.Coverage ⓘCoverage = 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.21/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
+30.3%
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.
−37.1%
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.
−29.1%
Revenue growth 12 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.
−18.9%
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Profit margin (trend) ⓘ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.
3.1% (2019) → −131.6% (2024)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2024 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes more 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).
+27.6%
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 +25.1% a year for the price.
Price, fair value, quality and upside side by side.
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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.Packaged Foods · 625 stocks
Beats the industry median on 4/10 measures
A mixed picture versus its industry peers.
Valuation
Quality Score56 · Above median
Fair Value upside−65.6% · Bottom 25%
Profitability
Return on assets−53.7% · Bottom 25%
Net margin (12 months)−127.8% · Bottom 25%
Operating margin (12 months)7.4% · Above median
Growth and dividend
Revenue growth (quarter YoY)12.9% · Above median
Balance sheet
Debt / equity0.01× · Lowest 25%
Valuation Multiplesvs Packaged Foods 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). "Sinmah Capital Bhd Fair Value". https://www.fairvalue-calculator.com/stock/9776
Frequently asked questions
Is Sinmah Capital Bhd (9776) overvalued or undervalued?
As of Nov 3, 2026, our model estimates a fair value of 0.1100 MYR versus a price of 0.3200 MYR, about 66% lower (overvalued).
What is the fair value of 9776?
Our model-based fair value for Sinmah Capital Bhd is 0.1100 MYR (as of Nov 3, 2026), built from audited fundamentals. The current price: 0.3200 MYR.
What is the quality score of 9776?
Sinmah Capital Bhd has a Quality Score of 56/100. 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 Sinmah Capital Bhd (9776)?
Our model-based price target is the fair value of 0.1100 MYR (as of Nov 3, 2026) from 7 valuation models. Cautious scenario 0.0900 MYR, optimistic scenario 0.1300 MYR. It is a calculation from audited fundamentals, not an analyst target.
What is the Sinmah Capital Bhd stock forecast for 2026?
Our models put fair value at 0.1100 MYR, about 66% lower versus a price of 0.3200 MYR (overvalued). Cautious scenario 0.0900 MYR, optimistic scenario 0.1300 MYR. The calculation is refreshed regularly with new filings.
What is the revenue of Sinmah Capital Bhd (9776)?
Sinmah Capital Bhd reported trailing-twelve-month revenue of about 21.8M MYR (latest available figure, as of Nov 3, 2026).
What growth is priced into Sinmah Capital Bhd (9776)?
For today's price to be fair in a discounted-cash-flow model, Sinmah Capital Bhd would have to grow free cash flow by +27.6 % per year for five years (discount rate 11.4 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -29.1 % per year. As of Nov 3, 2026.
What discount rate (WACC) does the fair value of 9776 use?
Our models discount Sinmah Capital Bhd at 11.4 %: a base by market capitalisation (nano), damped by beta 1.12, 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 Sinmah Capital Bhd that is +27.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (11.4 %) and the same formula as our fair value.
How much growth has Sinmah Capital Bhd (9776) delivered so far?
Over the past 5 years revenue at Sinmah Capital Bhd grew -29.1 % a year. The price currently implies free-cash-flow growth of +27.6 % per 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 Sinmah Capital Bhd (9776) growing?
The median revenue growth in the sector is +3.6 % a year. That is the yardstick for the growth priced into Sinmah Capital Bhd (+27.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Sinmah Capital Bhd (9776)?
The free-cash-flow yield on the price is 2.18 %: that much free cash flow Sinmah Capital Bhd produces per unit of market value. When it exceeds the discount rate of our models (11.4 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Sinmah Capital Bhd (9776)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Sinmah Capital Bhd it is 0.1100 MYR per share (as of Nov 3, 2026), against a price of 0.3200 MYR. It is the blended result of 7 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Sinmah Capital Bhd stock overvalued or undervalued in 2026?
As of Nov 3, 2026, 9776 trades above its calculated fair value: price 0.3200 MYR, fair value 0.1100 MYR, a gap of about −66% (overvalued). 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 9776?
No. The price is what the market pays today (0.3200 MYR); the fair value is what the company's own numbers justify (0.1100 MYR). For Sinmah Capital Bhd the two are 0.2100 MYR per share apart. That gap is exactly why we show both numbers side by side.
How much is Sinmah Capital Bhd worth?
The market values Sinmah Capital Bhd at about 153M MYR (market capitalisation, as of Nov 3, 2026). Per share that is 0.3200 MYR; our models calculate a fair value of 0.1100 MYR per share.
What do the bullish and bearish scenarios say about 9776?
Our models span a range for Sinmah Capital Bhd: cautious scenario 0.0900 MYR, base 0.1100 MYR, optimistic 0.1300 MYR per share (as of Nov 3, 2026, price 0.3200 MYR). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Sinmah Capital Bhd (9776)?
Balance-sheet figures for Sinmah Capital Bhd (as of Nov 3, 2026): debt of 0.01 per unit of equity. They feed the Quality Score of 56/100, which measures business quality independently of the share price.
How far is 9776 from its 52-week high?
Sinmah Capital Bhd trades at 0.3200 MYR, about 21% below its 52-week high of 0.4050 MYR and 33% above the low of 0.2400 MYR (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of 0.1100 MYR is for.
Which stocks are comparable to Sinmah Capital Bhd?
From the same area (Consumer Defensive) we also value Nestlé S.A, Danone S.A, Foshan Haitian Flavouring and Food Company, The Kraft Heinz Company, 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 Sinmah Capital Bhd stock attractive at the current price?
The data as of Nov 3, 2026: price 0.3200 MYR, calculated fair value 0.1100 MYR (−66%), Quality Score 56/100, from 7 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 9776 calculated?
We run Sinmah Capital Bhd through 7 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of 0.1100 MYR builds on their evidence-weighted average, 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 13.3% above its aggregate fair value. Sinmah Capital Bhd itself currently trades above fair value. 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 Sinmah Capital Bhd (9776)?
The closing price on Nov 6, 2026 was 0.3200 MYR. Our model-based fair value is 0.1100 MYR, about 66% lower (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Sinmah Capital Bhd right now?
The price sits above even our optimistic bull case (0.1300 MYR). The favourable scenario is already priced in. 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 but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
Key figures of Sinmah Capital Bhd
How large is the market capitalisation of Sinmah Capital Bhd (9776)?
The market capitalisation of Sinmah Capital Bhd is 153M MYR (≈ $37.7M). 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 Sinmah Capital Bhd (9776)?
The price-to-sales ratio of Sinmah Capital Bhd is 6.90 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Sinmah Capital Bhd (9776)?
Earnings per share at Sinmah Capital Bhd are −0.0300 MYR. Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of Sinmah Capital Bhd (9776)?
The net margin of Sinmah Capital Bhd is −128% (fiscal year 2024). 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 Sinmah Capital Bhd (9776)?
The return on equity (ROE) of Sinmah Capital Bhd is −4,805% (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 Sinmah Capital Bhd (9776)?
On an EBIT basis the return on assets of Sinmah Capital Bhd is −17.3% (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 Sinmah Capital Bhd (9776)?
The operating margin of Sinmah Capital Bhd is 7.4% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Sinmah Capital Bhd (9776)?
Revenue at Sinmah Capital Bhd is growing +12.9% versus a year earlier (3y avg −37.1%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How much net debt does Sinmah Capital Bhd (9776) carry?
The net debt of Sinmah Capital Bhd is 2.7M MYR (fiscal year 2023, ≈ 0.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 3, 2026