Econpile Holdings Berhad

KLSE:ECONBHD Stock Report

Market Cap: RM 581.2m

Econpile Holdings Berhad Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 ECONBHD when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
RM 0.63
Fair Value
36.3% undervalued intrinsic discount
3
Number of Analysts

Below Fair Value: ECONBHD (MYR0.4) is trading below our estimate of fair value (MYR0.63)

Significantly Below Fair Value: ECONBHD is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Sales ratio for ECONBHD. This is calculated by dividing ECONBHD's market cap by their current revenue.
What is ECONBHD's PS Ratio?
PS Ratio1.5x
SalesRM 377.08m
Market CapRM 581.18m

Price to Sales Ratio vs Peers

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

The above table shows the PS ratio for ECONBHD vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PSEstimated GrowthMarket Cap
Peer Average2.4x
CBHB CBH Engineering Holding Berhad
3.1x20.4%RM 630.1m
AZAMJAYA Azam Jaya Berhad
1.8x23.1%RM 525.0m
KAB Kinergy Advancement Berhad
2.7xn/aRM 635.6m
MNHLDG MN Holdings Berhad
1.9x16.0%RM 588.8m
ECONBHD Econpile Holdings Berhad
1.5x20.8%RM 581.2m

Price-To-Sales vs Peers: ECONBHD is good value based on its Price-To-Sales Ratio (1.5x) compared to the peer average (2.4x).

Price to Sales Ratio vs Industry

How does ECONBHD's PS Ratio compare vs other companies in the MY Construction Industry?

6 CompaniesPrice / SalesEstimated GrowthMarket Cap
EDGENTA UEM Edgenta Berhad
0.2x1.2%US$136.15m
PRTASCO Protasco Berhad
0.1xn/aUS$38.62m
CRESBLD Crest Builder Holdings Berhad
0.2xn/aUS$21.43m
TJSETIA Tuju Setia Berhad
0.2xn/aUS$16.45m
ECONBHD 1.5xIndustry Avg. 1.1xNo. of Companies13PS00.81.62.43.24+
6 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Sales vs Industry: ECONBHD is expensive based on its Price-To-Sales Ratio (1.5x) compared to the MY Construction industry average (1.1x).

Price to Sales Ratio vs Fair Ratio

What is ECONBHD'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.

ECONBHD PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio1.5x
Fair PS Ratio0.8x

Price-To-Sales vs Fair Ratio: ECONBHD is expensive based on its Price-To-Sales Ratio (1.5x) compared to the estimated Fair Price-To-Sales Ratio (0.8x).

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 ECONBHD forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 0.40
RM 0.51
+26.7%
14.9%RM 0.56RM 0.40n/a3
Jan ’26RM 0.47
RM 0.51
+9.0%
14.9%RM 0.56RM 0.40n/a3
Dec ’25RM 0.43
RM 0.51
+17.8%
14.9%RM 0.56RM 0.40n/a3
Nov ’25RM 0.40
RM 0.52
+31.6%
16.6%RM 0.60RM 0.40n/a3
Oct ’25RM 0.47
RM 0.52
+10.6%
16.6%RM 0.60RM 0.40n/a3
Sep ’25RM 0.40
RM 0.54
+35.9%
18.0%RM 0.61RM 0.40n/a3
Aug ’25RM 0.49
RM 0.57
+15.8%
19.8%RM 0.69RM 0.42n/a3
Jul ’25RM 0.46
RM 0.56
+22.5%
22.5%RM 0.69RM 0.39n/a3
Jun ’25RM 0.46
RM 0.56
+22.5%
22.5%RM 0.69RM 0.39n/a3
May ’25RM 0.48
RM 0.49
+3.1%
35.2%RM 0.71RM 0.27n/a4
Apr ’25RM 0.50
RM 0.49
-1.0%
35.2%RM 0.71RM 0.27n/a4
Mar ’25RM 0.34
RM 0.32
-8.2%
16.6%RM 0.39RM 0.27n/a3
Feb ’25RM 0.34
RM 0.17
-50.0%
41.6%RM 0.27RM 0.12RM 0.413
Jan ’25RM 0.30
RM 0.17
-44.3%
41.6%RM 0.27RM 0.12RM 0.473
Nov ’24RM 0.29
RM 0.13
-55.2%
7.7%RM 0.14RM 0.12RM 0.402
Oct ’24RM 0.28
RM 0.13
-56.1%
12.0%RM 0.14RM 0.11RM 0.472
Sep ’24RM 0.31
RM 0.14
-54.8%
17.5%RM 0.17RM 0.11RM 0.403
Aug ’24RM 0.23
RM 0.14
-35.6%
15.8%RM 0.17RM 0.11RM 0.494
Jul ’24RM 0.18
RM 0.14
-21.6%
15.8%RM 0.17RM 0.11RM 0.464
Jun ’24RM 0.20
RM 0.14
-25.6%
15.8%RM 0.17RM 0.11RM 0.464
May ’24RM 0.20
RM 0.16
-21.3%
15.8%RM 0.19RM 0.12RM 0.484
Apr ’24RM 0.20
RM 0.16
-23.2%
15.8%RM 0.19RM 0.12RM 0.504
Mar ’24RM 0.18
RM 0.16
-14.9%
15.8%RM 0.19RM 0.12RM 0.344
Feb ’24RM 0.22
RM 0.15
-29.5%
16.1%RM 0.19RM 0.12RM 0.344
Analyst Price Target
Consensus Narrative from 3 Analysts
RM 0.51
Fair Value
21.1% undervalued intrinsic discount
3
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/06 10:55
End of Day Share Price 2025/02/06 00:00
Earnings2024/09/30
Annual Earnings2024/06/30

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.

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 Github.

Analyst Sources

Econpile Holdings Berhad is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Sheng Cheong SooAmInvestment Bank Berhad
Ahmad Bin Abdul RahmanBIMB Securities Sdn. Bhd
Tjen-San ChongCGS International