Malaysian Undervalued over 20% based on DCF

Duopharma Biotech Berhad

Market Cap: RM 1.2b

An investment holding company, researches, develops, manufactures, distributes, and imports pharmaceutical products and medicines in Malaysia and internationally.

Pecca Group Berhad

Market Cap: RM 1.1b

An investment holding company, primarily engages in styling, manufacturing, distribution, and installation of leather upholstery seat covers for automotive and aviation industry in Malaysia, Asia Pacific, Europe, North America, and Oceania.

TMK Chemical Bhd

Market Cap: RM 1.1b

Engages in sourcing, processing, and distribution of inorganic chemicals and value-added services in Malaysia, Vietnam, Singapore, Indonesia, Brunei and internationally.

Crescendo Corporation Berhad

Market Cap: RM 1.0b

An investment holding company, invests in, develops, constructs, and manages properties in Malaysia.

Sentral REIT

Market Cap: RM 962.4m

A commercial Real Estate Investment Trust (REIT), established through the restated trust deed dated 2 December 2019 and the supplemental deed dated 24 December 2020.

Shin Yang Group Berhad

Market Cap: RM 880.7m

An investment holding company, offers shipping, shipbuilding, and ship repair services in Malaysia and internationally.

Signature Alliance Group Berhad

Market Cap: RM 880.0m

An investment holding company, provides interior fitting-out services and building construction works in Malaysia.

SNS Network Technology Berhad

Market Cap: RM 871.4m

Provides technology solutions and integrated information systems to end consumers, SME businesses, large corporations, and education and government institutions.

Wasco Berhad

Market Cap: RM 735.6m

Provides energy solutions worldwide.

Cypark Resources Berhad

Market Cap: RM 720.0m

Engages in the renewable energy, construction, engineering, green technology, environment, waste management, and waste-to-energy (WTE) businesses in Malaysia.

GE-Shen Corporation Berhad

Market Cap: RM 638.5m

An investment holding company, primarily engages in the manufacture and trading business in Malaysia, Singapore, and Vietnam.

Autocount Dotcom Berhad

Market Cap: RM 605.6m

A software development company, develops and distributes financial management software under the AutoCount brand in Malaysia, Singapore, and internationally.

Uoa Real Estate Investment

Market Cap: RM 604.7m

UOA Real Estate Investment Trust (“UOA REIT” or “Trust”) is a real estate trust fund which commenced its operations on 1 December 2005 and was listed on the Main Market of Bursa Malaysia Securities Berhad on 30 December 2005.

Manulife Holdings Berhad

Market Cap: RM 465.6m

An investment holding company, underwrites participating and non-participating life insurance and unit-linked products in Malaysia.

Able Global Berhad

Market Cap: RM 461.3m

An investment holding company, manufactures and sells tin cans and dairy products in Africa, Asia, Central America, North America, South America, Mexico, Malaysia, and internationally.

C.I. Holdings Berhad

Market Cap: RM 432.5m

An investment holding company, engages in manufacturing, selling, and packing various types of edible oils in Malaysia, Africa, Asia, and internationally.

GuocoLand (Malaysia) Berhad

Market Cap: RM 425.4m

An investment holding company, engages in the properties and other business activities primarily in Malaysia.

Muhibbah Engineering (M) Bhd

Market Cap: RM 413.1m

Engages in the provision of oil and gas, marine, infrastructure, civil, and structural engineering contract works in Malaysia and internationally.

REDtone Digital Berhad

Market Cap: RM 398.1m

An investment holding company, provides integrated telecommunications and digital infrastructure services in Malaysia.

Engtex Group Berhad

Market Cap: RM 396.5m

Engages in the wholesale and distribution of pipes, valves, fittings, plumbing materials, steel related products, general hardware products, and construction materials in Malaysia.

TASCO Berhad

Market Cap: RM 380.0m

Provides integrated logistics solutions worldwide.

SDS Group Berhad

Market Cap: RM 359.4m

An investment holding company, engages in the manufacture, distribution, and retail of bakery products in Malaysia, Singapore, and Indonesia.

Atrium Real Estate Investment Trust

Market Cap: RM 353.2m

An industrial asset focused real estate investment trust constituted by a Trust Deed entered into on 20 November 2006, amended by the First Supplementary Deed dated 25 November 2008 and the Restated Deed dated 24 March 2016 between CIMB Commerce Trustee Berhad (formerly known as BHLB Trustee Berhad) as the Trustee and Atrium REIT Managers Sdn Bhd as the Manager (collective known as First Deed).

Kawan Food Berhad

Market Cap: RM 346.8m

An investment holding company, manufactures, trades in, distributes, and sells frozen food products.

Negri Sembilan Oil Palms Berhad

Market Cap: RM 345.4m

An investment holding company, engages in the oil palms cultivation activities in Malaysia.

Tambun Indah Land Berhad

Market Cap: RM 338.3m

An investment holding company, engages in the property development and management in Malaysia.

Scicom (MSC) Berhad

Market Cap: RM 328.8m

An investment holding company, provides customer contact center outsourcing services in Malaysia, the Philippines, China, Singapore, Hong Kong, Sri Lanka, Thailand, Germany, and internationally.

New Hoong Fatt Holdings Berhad

Market Cap: RM 314.2m

An investment holding company, manufactures, markets, distributes, and trades in automotive parts and accessories in the replacement market.

FM Global Logistics Holdings Berhad

Market Cap: RM 307.1m

Provides international multi-modal freight services in Malaysia, Thailand, Indonesia, Vietnam, India, Australia, the Philippines, Singapore, and the United States.

Y.S.P. Southeast Asia Holding Berhad

Market Cap: RM 305.0m

Engages in the manufacturing and trading of generic drugs in Malaysia, Singapore, Vietnam, Philippines, Cambodia, Myanmar, Brunei, Indonesia, Thailand, Africa, and internationally.

Yoong Onn Corporation Berhad

Market Cap: RM 269.7m

An investment holding company, designs, manufactures, distributes, trades, and retails home linen, bedding accessories, and homewares in Malaysia.

Enproserve Group Berhad

Market Cap: RM 257.3m

Through its subsidiaries, provides mechanical and civil engineering services in Malaysia.

JKG Land Berhad

Market Cap: RM 238.9m

An investment holding company, engages in the property development activities in Malaysia.

Skygate Solutions Berhad

Market Cap: RM 238.2m

An investment holding company, engages in the manufacturing, property investment and management, and development businesses.

Al-Salam Real Estate Investment Trust

Market Cap: RM 237.8m

Al-Salam Real Estate Investment Trust (“Al-Salam REIT”) is a Shariah-compliant fund that invests in diversified Shariah-compliant properties.

TSA Group Berhad

Market Cap: RM 225.8m

An investment holding company, engages in the distribution and supply of ferrous and non-ferrous metal, and other industrial hardware products in Malaysia, Singapore, Bangladesh, Thailand, Indonesia, and internationally.