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IJM Corporation BerhadKLSE:IJM Stock Report

Market Cap RM 7.9b
Share Price
RM 2.25
RM 1.77
27.1% overvalued intrinsic discount
1Y-14.4%
7D-3.4%
1D
Portfolio Value
View

IJM Corporation Berhad

KLSE:IJM Stock Report

Market Cap: RM 7.9b

IJM Community Fair Values

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See what 34 others think this stock is worth. Follow their fair value or set your own to get alerts.

IJM Corporation Berhad Competitors

Price History & Performance

Summary of share price highs, lows and changes for IJM Corporation Berhad
Historical stock prices
Current Share PriceRM 2.25
52 Week HighRM 3.13
52 Week LowRM 2.05
Beta0.015
1 Month Change-0.44%
3 Month Change-3.02%
1 Year Change-14.45%
3 Year Change41.51%
5 Year Change19.05%
Change since IPO242.39%

Recent News & Updates

New Narrative May 28

IJM Corporation: FY2026 reset year; stronger operating base points to better FY2027 delivery

IJM’s 4Q FY2026 headline numbers were clearly distorted, but the underlying read-through is more constructive than the reported loss suggests. While the Group recorded a 4Q FY2026 pre-tax loss of RM56.2 million, revenue still grew 4.2% YoY to RM1.87 billion.
New Narrative May 23

What's the Fair Value of IJM?

An analyst friend from Malaysia asked me to take a look at an M&A exercise involving two regional large-caps which has recently gone awry. I finished the valuation and shared it with him, then asked him if I could post it here since I had already done the work.
New Narrative Apr 07

IJM Corp: Has the market become too pessimistic on this blue-chip builder?

IJM Corporation Berhad now looks like one of those large-cap names where the market price may be telling a much weaker story than the underlying business. After Sunway’s takeover attempt lapsed, IJM’s share price fell back toward its pre-offer range, with the stock recently around RM2.31 to RM2.36.

Recent updates

New Narrative May 28

IJM Corporation: FY2026 reset year; stronger operating base points to better FY2027 delivery

IJM’s 4Q FY2026 headline numbers were clearly distorted, but the underlying read-through is more constructive than the reported loss suggests. While the Group recorded a 4Q FY2026 pre-tax loss of RM56.2 million, revenue still grew 4.2% YoY to RM1.87 billion.
New Narrative May 23

What's the Fair Value of IJM?

An analyst friend from Malaysia asked me to take a look at an M&A exercise involving two regional large-caps which has recently gone awry. I finished the valuation and shared it with him, then asked him if I could post it here since I had already done the work.
New Narrative Apr 07

IJM Corp: Has the market become too pessimistic on this blue-chip builder?

IJM Corporation Berhad now looks like one of those large-cap names where the market price may be telling a much weaker story than the underlying business. After Sunway’s takeover attempt lapsed, IJM’s share price fell back toward its pre-offer range, with the stock recently around RM2.31 to RM2.36.
Analysis Article Jan 02

Unpleasant Surprises Could Be In Store For IJM Corporation Berhad's (KLSE:IJM) Shares

When close to half the companies in Malaysia have price-to-earnings ratios (or "P/E's") below 13x, you may consider IJM...
Analysis Article Nov 30

IJM Corporation Berhad (KLSE:IJM) Has Affirmed Its Dividend Of MYR0.02

IJM Corporation Berhad ( KLSE:IJM ) has announced that it will pay a dividend of MYR0.02 per share on the 7th of...
Analysis Article Nov 27

Does IJM Corporation Berhad (KLSE:IJM) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jun 30

IJM Corporation Berhad (KLSE:IJM) Not Lagging Market On Growth Or Pricing

When close to half the companies in Malaysia have price-to-earnings ratios (or "P/E's") below 13x, you may consider IJM...
Analysis Article Jun 01

IJM Corporation Berhad (KLSE:IJM) Is Paying Out A Dividend Of MYR0.06

IJM Corporation Berhad ( KLSE:IJM ) will pay a dividend of MYR0.06 on the 18th of July. This means the annual payment...
Analysis Article May 30

These 4 Measures Indicate That IJM Corporation Berhad (KLSE:IJM) Is Using Debt Extensively

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Apr 08

With EPS Growth And More, IJM Corporation Berhad (KLSE:IJM) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Feb 18

Here's Why IJM Corporation Berhad (KLSE:IJM) Can Manage Its Debt Responsibly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 01

Estimating The Intrinsic Value Of IJM Corporation Berhad (KLSE:IJM)

Key Insights The projected fair value for IJM Corporation Berhad is RM2.45 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Jan 13

IJM Corporation Berhad's (KLSE:IJM) Business Is Trailing The Market But Its Shares Aren't

With a price-to-earnings (or "P/E") ratio of 18.4x IJM Corporation Berhad ( KLSE:IJM ) may be sending bearish signals...
Analysis Article Nov 06

We Think IJM Corporation Berhad (KLSE:IJM) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Oct 16

Calculating The Intrinsic Value Of IJM Corporation Berhad (KLSE:IJM)

Key Insights Using the 2 Stage Free Cash Flow to Equity, IJM Corporation Berhad fair value estimate is RM2.59 Current...
Analysis Article Sep 30

Should You Be Adding IJM Corporation Berhad (KLSE:IJM) To Your Watchlist Today?

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jul 15

Is IJM Corporation Berhad (KLSE:IJM) A Risky Investment?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Jun 20

With EPS Growth And More, IJM Corporation Berhad (KLSE:IJM) Makes An Interesting Case

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jun 05

IJM Corporation Berhad (KLSE:IJM) Has Announced A Dividend Of MYR0.06

IJM Corporation Berhad ( KLSE:IJM ) will pay a dividend of MYR0.06 on the 19th of July. This means the dividend yield...
Analysis Article Apr 22

Shareholders Should Be Pleased With IJM Corporation Berhad's (KLSE:IJM) Price

IJM Corporation Berhad's ( KLSE:IJM ) price-to-earnings (or "P/E") ratio of 26.4x might make it look like a strong sell...
Analysis Article Mar 28

IJM Corporation Berhad (KLSE:IJM) Seems To Use Debt Quite Sensibly

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 24

Is There An Opportunity With IJM Corporation Berhad's (KLSE:IJM) 43% Undervaluation?

Key Insights IJM Corporation Berhad's estimated fair value is RM3.74 based on 2 Stage Free Cash Flow to Equity IJM...
Analysis Article Dec 12

IJM Corporation Berhad (KLSE:IJM) Will Pay A Dividend Of MYR0.02

IJM Corporation Berhad ( KLSE:IJM ) will pay a dividend of MYR0.02 on the 29th of December. This means the annual...
Analysis Article Nov 30

Does IJM Corporation Berhad (KLSE:IJM) Have A Healthy Balance Sheet?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Sep 04

Estimating The Intrinsic Value Of IJM Corporation Berhad (KLSE:IJM)

Key Insights The projected fair value for IJM Corporation Berhad is RM1.82 based on 2 Stage Free Cash Flow to Equity...
Analysis Article May 18

IJM Corporation Berhad (KLSE:IJM) Has A Pretty Healthy Balance Sheet

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Mar 02

Estimating The Intrinsic Value Of IJM Corporation Berhad (KLSE:IJM)

Key Insights The projected fair value for IJM Corporation Berhad is RM1.70 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Nov 22

Here's Why IJM Corporation Berhad (KLSE:IJM) Has A Meaningful Debt Burden

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

IJMMY ConstructionMY Market
7D-3.4%-2.0%-0.8%
1Y-14.4%0.5%8.9%

Return vs Industry: IJM underperformed the MY Construction industry which returned 0.5% over the past year.

Return vs Market: IJM underperformed the MY Market which returned 8.9% over the past year.

Price Volatility

Is IJM's price volatile compared to industry and market?
IJM volatility
IJM Average Weekly Movement5.3%
Construction Industry Average Movement6.2%
Market Average Movement5.8%
10% most volatile stocks in MY Market12.0%
10% least volatile stocks in MY Market2.7%

Stable Share Price: IJM has not had significant price volatility in the past 3 months compared to the MY market.

Volatility Over Time: IJM's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19832,569Rayland Leewww.ijm.com

IJM Corporation Berhad engages in the construction business in Malaysia, India, and the United Kingdom. It operates through Construction, Property Development, Manufacturing and Quarrying, Infrastructure – Tollway, and Infrastructure - Port segments. The company offers civil engineering works; commercial and cultural complexes, including shopping malls and other public buildings; restoration and refurbishment works for local authorities and commercial property owners; highways, roads, and bridges; water supply projects, gas turbine facilities, and hydroelectric power stations; and railways and metro systems.

IJM Corporation Berhad Fundamentals Summary

How do IJM Corporation Berhad's earnings and revenue compare to its market cap?
IJM fundamental statistics
Market capRM 7.89b
Earnings (TTM)RM 3.25m
Revenue (TTM)RM 6.88b
2,427x
P/E Ratio
1.1x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
IJM income statement (TTM)
RevenueRM 6.88b
Cost of RevenueRM 5.70b
Gross ProfitRM 1.18b
Other ExpensesRM 1.18b
EarningsRM 3.25m

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

Aug 26, 2026

Earnings per share (EPS)0.00093
Gross Margin17.14%
Net Profit Margin0.047%
Debt/Equity Ratio60.1%

How did IJM perform over the long term?

See historical performance and comparison

Dividends

3.6%
Current Dividend Yield
80%
Payout Ratio

Does IJM pay a reliable dividends?

See IJM dividend history and benchmarks
When do you need to buy IJM by to receive an upcoming dividend?
IJM Corporation Berhad dividend dates
Ex Dividend DateJun 29 2026
Dividend Pay DateJul 24 2026
Days until Ex dividend17 days
Days until Dividend pay date42 days

Does IJM pay a reliable dividends?

See IJM dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/11 17:01
End of Day Share Price 2026/06/11 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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.

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

IJM Corporation Berhad is covered by 25 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chee ChowAffin Hwang Investment Bank
Jia LimAffin Hwang Investment Bank
Sheng Cheong SooAmInvestment Bank Berhad