ADNEX logo

Adnex Group Berhad Stock Price

KLSE:ADNEX Community·RM 135.0m Market Cap
  • 1 Narratives written by author
  • 0 Comments on narratives written by author
  • 1 Fair Values set on narratives written by author

ADNEX Share Price Performance

RM 0.27
0.02 (8.00%)
RM 0.45
Fair Value
RM 0.27
0.02 (8.00%)
40.0% undervalued intrinsic discount
RM 0.45
Fair Value
Price RM 0.27
FA_Trader RM 0.45

ADNEX Community Narratives

FA_Trader·
Fair Value RM 0.45 40.0% undervalued intrinsic discount

Adnex: A straightforward fit-out business with real earnings, order book support, and room to grow

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Updated Narratives

ADNEX logo

Adnex: A straightforward fit-out business with real earnings, order book support, and room to grow

Fair Value: RM 0.45 40.0% undervalued intrinsic discount
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Snowflake Analysis

Excellent balance sheet and good value.

2 Risks
2 Rewards

Adnex Group Berhad Key Details

RM 94.3m

Revenue

RM 71.8m

Cost of Revenue

RM 22.4m

Gross Profit

RM 13.2m

Other Expenses

RM 9.2m

Earnings

Last Reported Earnings
Dec 31, 2025
Next Reporting Earnings
n/a
0.018
23.81%
9.78%
52.8%
View Full Analysis

About ADNEX

Founded
2004
Employees
55
CEO
Wai Kan
WebsiteView website
www.adnexinterior.com

Adnex Group Berhad, through its subsidiaries, provides interior fit-out services for commercial and industrial properties in Malaysia, The Philippines, Australia, Indonesia, New Zealand, and Singapore. The company offers interior fit-out and turnkey fit-out services for corporate offices, F&B outlets, and sales galleries. Its services include design, planning, and coordination services, such as overseeing, managing and coordinating the design concepts, space planning and layout plan designs, selection of materials, finishes, furnishings and fixtures; project planning and scheduling services, such as developing project timeline; engagement and appointment of professionals including identifying and engaging relevant professionals, including M&E consultant engineer, civil and structural consultant engineer and architect; cost management services, such as monitoring budgets and expenditure or preparation of estimated overall fit-out costs; Procurement including sourcing and procurement of materials, supplies and furniture; Liaising with various parties for documentation submission; appointment of subcontractors; Supervision and coordination of on-site fit-out activities carried out by subcontractors; Implementation of quality control and safety procedures; and manage and monitor rectification and repair of defects during the DLP. Its customers comprise property owners and tenants, as well as interior fit-out consultants and project management consultants. Adnex Group Berhad was founded in 2004 and is based in Shah Alam, Malaysia. Adnex Group Berhad operates as a subsidiary of Kan8 Holding Sdn Bhd.