Wellcall Holdings Berhad

KLSE:WELLCAL Stock Report

Market Cap: RM 771.8m

Wellcall Holdings Berhad Valuation

Is WELLCAL 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-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

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

Below Fair Value: WELLCAL (MYR1.56) is trading below our estimate of fair value (MYR1.91)

Significantly Below Fair Value: WELLCAL is trading below fair value, but not by a significant amount.

Key Valuation Metric

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

Key metric: As WELLCAL is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for WELLCAL. This is calculated by dividing WELLCAL's market cap by their current earnings.
What is WELLCAL's PE Ratio?
PE Ratio16.6x
EarningsRM 46.91m
Market CapRM 771.82m

Price to Earnings Ratio vs Peers

How does WELLCAL's PE Ratio compare to its peers?

The above table shows the PE ratio for WELLCAL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.8x
CBIP CB Industrial Product Holding Berhad
10.7xn/aRM 614.4m
BMGREEN BM GreenTech Berhad
30.8x4.9%RM 1.2b
KOBAY Kobay Technology Bhd
28.5xn/aRM 496.3m
CPETECH CPE Technology Berhad
57.1xn/aRM 617.6m
WELLCAL Wellcall Holdings Berhad
16.6x10.3%RM 771.8m

Price-To-Earnings vs Peers: WELLCAL is good value based on its Price-To-Earnings Ratio (16.6x) compared to the peer average (31.8x).

Price to Earnings Ratio vs Industry

How does WELLCAL's PE Ratio compare vs other companies in the MY Machinery Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MBL Muar Ban Lee Group Berhad
2.2xn/aUS$21.82m
JASKITA Jasa Kita Berhad
1.8xn/aUS$16.09m
No more companies available in this PE range
WELLCAL 16.6xIndustry Avg. 19.4xNo. of Companies7PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: WELLCAL is good value based on its Price-To-Earnings Ratio (16.6x) compared to the MY Machinery industry average (19.4x).

Price to Earnings Ratio vs Fair Ratio

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

WELLCAL PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio16.6x
Fair PE Ratio13.6x

Price-To-Earnings vs Fair Ratio: WELLCAL is expensive based on its Price-To-Earnings Ratio (16.6x) compared to the estimated Fair Price-To-Earnings Ratio (13.6x).

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 WELLCAL forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 1.56
RM 1.86
+19.4%
1.8%RM 1.90RM 1.82n/a3
Dec ’25RM 1.56
RM 1.86
+19.4%
1.8%RM 1.90RM 1.82n/a3
Nov ’25RM 1.54
RM 1.87
+21.6%
2.0%RM 1.90RM 1.82n/a3
Oct ’25RM 1.49
RM 1.87
+25.7%
2.0%RM 1.90RM 1.82n/a3
Sep ’25RM 1.47
RM 1.87
+27.4%
2.0%RM 1.90RM 1.82n/a3
Aug ’25RM 1.58
RM 1.92
+21.5%
4.7%RM 2.04RM 1.82n/a3
Jul ’25RM 1.63
RM 1.92
+17.8%
4.7%RM 2.04RM 1.82n/a3
Jun ’25RM 1.66
RM 1.92
+15.7%
4.7%RM 2.04RM 1.82n/a3
May ’25RM 1.56
RM 1.92
+23.1%
4.7%RM 2.04RM 1.82n/a3
Apr ’25RM 1.66
RM 1.92
+15.7%
4.7%RM 2.04RM 1.82n/a3
Mar ’25RM 1.73
RM 1.92
+11.0%
4.7%RM 2.04RM 1.82n/a3
Feb ’25RM 1.73
RM 1.88
+8.7%
2.3%RM 1.92RM 1.82n/a3
Jan ’25RM 1.67
RM 1.88
+12.6%
2.3%RM 1.92RM 1.82n/a3
Dec ’24RM 1.65
RM 1.88
+13.9%
2.3%RM 1.92RM 1.82RM 1.563
Nov ’24RM 1.56
RM 1.64
+4.9%
4.1%RM 1.73RM 1.58RM 1.543
Oct ’24RM 1.49
RM 1.64
+9.8%
4.1%RM 1.73RM 1.58RM 1.493
Sep ’24RM 1.40
RM 1.58
+12.9%
7.8%RM 1.73RM 1.43RM 1.473
Aug ’24RM 1.19
RM 1.39
+16.5%
4.5%RM 1.47RM 1.32RM 1.583
Jul ’24RM 1.17
RM 1.39
+18.5%
4.5%RM 1.47RM 1.32RM 1.633
Jun ’24RM 1.17
RM 1.39
+18.5%
4.5%RM 1.47RM 1.32RM 1.663
May ’24RM 1.16
RM 1.36
+17.2%
6.0%RM 1.46RM 1.25RM 1.564
Apr ’24RM 1.13
RM 1.36
+20.4%
6.0%RM 1.46RM 1.25RM 1.664
Mar ’24RM 1.17
RM 1.36
+16.2%
6.0%RM 1.46RM 1.25RM 1.734
Feb ’24RM 1.16
RM 1.41
+21.1%
6.8%RM 1.50RM 1.25RM 1.734
Jan ’24RM 1.13
RM 1.41
+24.3%
6.8%RM 1.50RM 1.25RM 1.674
Dec ’23RM 1.20
RM 1.41
+17.1%
6.8%RM 1.50RM 1.25RM 1.654

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

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 11:19
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2024/09/30

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 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

Wellcall Holdings Berhad is covered by 6 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
null nullBIMB Securities Sdn. Bhd
Lik Hsin AwCGS International
Minwei MakInter-Pacific Research Sdn Bhd