Tan Chong Motor Holdings Berhad

KLSE:TCHONG Stock Report

Market Cap: RM 267.2m

Tan Chong Motor Holdings Berhad Valuation

Is TCHONG undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of TCHONG when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
RM 0.064
Fair Value
541.1% overvalued intrinsic discount
6
Number of Analysts

Below Fair Value: TCHONG (MYR0.41) is trading above our estimate of fair value (MYR0.06)

Significantly Below Fair Value: TCHONG is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for TCHONG?

Key metric: As TCHONG is unprofitable we use its Price-To-Sales Ratio for relative valuation analysis.

The above table shows the Price to Sales ratio for TCHONG. This is calculated by dividing TCHONG's market cap by their current revenue.
What is TCHONG's PS Ratio?
PS Ratio0.1x
SalesRM 2.22b
Market CapRM 267.17m

Price to Sales Ratio vs Peers

How does TCHONG's PS Ratio compare to its peers?

The above table shows the PS ratio for TCHONG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average1.2x
DRBHCOM DRB-HICOM Berhad
0.1x4.9%RM 2.0b
NHFATT New Hoong Fatt Holdings Berhad
1.1xn/aRM 319.1m
BETA Betamek Berhad
0.9xn/aRM 191.3m
FEYTECH Feytech Holdings Berhad
2.8x17.2%RM 581.8m
TCHONG Tan Chong Motor Holdings Berhad
0.1x7.6%RM 267.2m

Price-To-Sales vs Peers: TCHONG is good value based on its Price-To-Sales Ratio (0.1x) compared to the peer average (1.2x).

Price to Sales Ratio vs Industry

How does TCHONG's PS Ratio compare vs other companies in the Asian Auto Industry?

9 CompaniesPrice / SalesEstimated GrowthMarket Cap
Industry Avg.1.2x8.0%
TCHONG Tan Chong Motor Holdings Berhad
 0.1x7.6%US$59.69m
TCHONG 0.1xIndustry Avg. 1.2xNo. of Companies16PS012345+
9 CompaniesEstimated GrowthMarket Cap
Industry Avg.1.2x10.9%
TCHONG Tan Chong Motor Holdings Berhad
 0.1x35.3%US$59.69m
No more companies

Price-To-Sales vs Industry: TCHONG is good value based on its Price-To-Sales Ratio (0.1x) compared to the Asian Auto industry average (1.2x).

Price to Sales Ratio vs Fair Ratio

What is TCHONG's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

TCHONG PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio0.1x
Fair PS Ratio0.2x

Price-To-Sales vs Fair Ratio: TCHONG is good value based on its Price-To-Sales Ratio (0.1x) compared to the estimated Fair Price-To-Sales Ratio (0.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst TCHONG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 0.41
RM 0.45
+9.8%
39.6%RM 0.84RM 0.32n/a6
Jan ’26RM 0.41
RM 0.45
+9.8%
39.6%RM 0.84RM 0.32n/a6
Dec ’25RM 0.49
RM 0.45
-9.1%
39.6%RM 0.84RM 0.32n/a6
Nov ’25RM 0.55
RM 0.67
+21.5%
24.7%RM 0.84RM 0.35n/a6
Oct ’25RM 0.62
RM 0.72
+15.9%
12.4%RM 0.84RM 0.60n/a6
Sep ’25RM 0.73
RM 0.78
+5.9%
10.7%RM 0.91RM 0.65n/a6
Aug ’25RM 0.79
RM 0.79
-0.4%
11.1%RM 0.91RM 0.65n/a6
Jul ’25RM 0.87
RM 0.79
-9.6%
11.1%RM 0.91RM 0.65n/a6
Jun ’25RM 0.85
RM 0.79
-8.0%
11.1%RM 0.91RM 0.65n/a6
May ’25RM 0.84
RM 0.78
-7.9%
11.0%RM 0.91RM 0.65n/a6
Apr ’25RM 0.90
RM 0.78
-13.5%
11.0%RM 0.91RM 0.65n/a6
Mar ’25RM 0.98
RM 0.79
-20.0%
11.7%RM 0.92RM 0.65n/a6
Feb ’25RM 0.98
RM 0.80
-18.5%
11.1%RM 0.92RM 0.65n/a6
Jan ’25RM 0.97
RM 0.80
-17.7%
11.1%RM 0.92RM 0.65RM 0.416
Dec ’24RM 0.98
RM 0.80
-18.5%
11.1%RM 0.92RM 0.65RM 0.496
Nov ’24RM 1.02
RM 0.82
-19.6%
10.8%RM 0.94RM 0.66RM 0.556
Oct ’24RM 1.03
RM 0.82
-20.4%
10.8%RM 0.94RM 0.66RM 0.626
Sep ’24RM 1.07
RM 0.82
-23.4%
10.8%RM 0.94RM 0.66RM 0.736
Aug ’24RM 1.06
RM 0.84
-20.3%
10.4%RM 0.95RM 0.70RM 0.796
Jul ’24RM 1.06
RM 0.84
-20.3%
10.4%RM 0.95RM 0.70RM 0.876
Jun ’24RM 1.06
RM 0.85
-20.0%
10.8%RM 0.96RM 0.70RM 0.856
May ’24RM 1.10
RM 0.97
-12.1%
15.6%RM 1.19RM 0.72RM 0.847
Apr ’24RM 1.15
RM 0.97
-15.9%
15.6%RM 1.19RM 0.72RM 0.907
Mar ’24RM 1.11
RM 0.97
-12.9%
15.6%RM 1.19RM 0.72RM 0.987
Feb ’24RM 1.22
RM 1.04
-14.8%
18.9%RM 1.35RM 0.72RM 0.987
Jan ’24RM 1.18
RM 1.04
-11.9%
18.9%RM 1.35RM 0.72RM 0.977
Analyst Price Target
Consensus Narrative from 6 Analysts
RM 0.45
Fair Value
8.9% undervalued intrinsic discount
6
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

Discover undervalued companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/21 20:56
End of Day Share Price 2025/01/21 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Tan Chong Motor Holdings Berhad is covered by 13 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jake Hui YapAmInvestment Bank Berhad
Mei Chi LawBIMB Securities Sdn. Bhd
Mohammed Shanaz Noor AzamCGS International