Asia File Corporation Bhd.

KLSE:ASIAFLE Stock Report

Market Cap: RM 318.1m

Asia File Corporation Bhd Valuation

Is ASIAFLE 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-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 ASIAFLE when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
RM 1.85
Fair Value
9.2% undervalued intrinsic discount
2
Number of Analysts

Below Fair Value: ASIAFLE (MYR1.68) is trading below our estimate of fair value (MYR1.85)

Significantly Below Fair Value: ASIAFLE 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 ASIAFLE?

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

The above table shows the Price to Earnings ratio for ASIAFLE. This is calculated by dividing ASIAFLE's market cap by their current earnings.
What is ASIAFLE's PE Ratio?
PE Ratio11x
EarningsRM 28.91m
Market CapRM 318.12m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ASIAFLE vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average27.6x
TAFI TAFI Industries Berhad
29.3xn/aRM 206.8m
UNIQUE Unique Fire Holdings Berhad
16xn/aRM 160.0m
DAY3 Daythree Digital Berhad
18.2xn/aRM 156.0m
JAG JAG Berhad
46.8xn/aRM 230.7m
ASIAFLE Asia File Corporation Bhd
11x4.0%RM 318.1m

Price-To-Earnings vs Peers: ASIAFLE is good value based on its Price-To-Earnings Ratio (11x) compared to the peer average (27.6x).

Price to Earnings Ratio vs Industry

How does ASIAFLE's PE Ratio compare vs other companies in the Asian Commercial Services Industry?

10 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ASIAFLE 11.0xIndustry Avg. 17.1xNo. of Companies53PE01224364860+
10 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ASIAFLE is good value based on its Price-To-Earnings Ratio (11x) compared to the Asian Commercial Services industry average (17.1x).

Price to Earnings Ratio vs Fair Ratio

What is ASIAFLE'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.

ASIAFLE PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11x
Fair PE Ratio12x

Price-To-Earnings vs Fair Ratio: ASIAFLE is good value based on its Price-To-Earnings Ratio (11x) compared to the estimated Fair Price-To-Earnings Ratio (12x).

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 ASIAFLE forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 1.68
RM 2.07
+23.2%
30.4%RM 2.70RM 1.44n/a2
Feb ’26RM 1.69
RM 2.07
+22.5%
30.4%RM 2.70RM 1.44n/a2
Jan ’26RM 1.70
RM 2.07
+21.8%
30.4%RM 2.70RM 1.44n/a2
Dec ’25RM 1.77
RM 2.07
+16.9%
30.4%RM 2.70RM 1.44n/a2
Nov ’25RM 1.82
RM 2.38
+30.5%
13.7%RM 2.70RM 2.05n/a2
Oct ’25RM 1.91
RM 2.38
+24.3%
13.7%RM 2.70RM 2.05n/a2
Sep ’25RM 2.00
RM 2.38
+18.8%
13.7%RM 2.70RM 2.05n/a2
Aug ’25RM 2.18
RM 2.38
+8.9%
13.7%RM 2.70RM 2.05n/a2
Jul ’25RM 2.37
RM 2.38
+0.2%
13.7%RM 2.70RM 2.05n/a2
Jun ’25RM 2.20
RM 2.23
+1.1%
16.9%RM 2.60RM 1.85n/a2
May ’25RM 2.29
RM 2.23
-2.8%
16.9%RM 2.60RM 1.85n/a2
Apr ’25RM 2.29
RM 2.23
-2.8%
16.9%RM 2.60RM 1.85n/a2
Mar ’25RM 2.21
RM 2.23
+0.7%
16.9%RM 2.60RM 1.85n/a2
Feb ’25RM 2.11
RM 2.23
+5.5%
16.9%RM 2.60RM 1.85RM 1.692
Jan ’25RM 2.08
RM 2.23
+7.0%
16.9%RM 2.60RM 1.85RM 1.702
Dec ’24RM 1.97
RM 2.10
+6.6%
23.8%RM 2.60RM 1.60RM 1.772
Nov ’24RM 1.95
RM 1.83
-6.2%
18.0%RM 2.16RM 1.50RM 1.822
Oct ’24RM 1.92
RM 1.83
-4.7%
18.0%RM 2.16RM 1.50RM 1.912
Sep ’24RM 1.91
RM 1.86
-2.9%
16.4%RM 2.16RM 1.55RM 2.002
Aug ’24RM 1.83
RM 1.62
-11.5%
4.3%RM 1.69RM 1.55RM 2.182
Jul ’24RM 1.77
RM 1.62
-8.5%
4.3%RM 1.69RM 1.55RM 2.372
Jun ’24RM 1.73
RM 1.65
-4.9%
2.7%RM 1.69RM 1.60RM 2.202
May ’24RM 1.76
RM 1.65
-6.5%
2.7%RM 1.69RM 1.60RM 2.292
Apr ’24RM 1.75
RM 1.65
-6.0%
2.7%RM 1.69RM 1.60RM 2.292
Mar ’24RM 1.70
RM 1.73
+1.8%
2.3%RM 1.77RM 1.69RM 2.212
Feb ’24RM 1.73
RM 1.82
+4.9%
2.5%RM 1.86RM 1.77RM 2.112
Analyst Price Target
Consensus Narrative from 2 Analysts
RM 2.07
Fair Value
18.8% undervalued intrinsic discount
2
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price, but there are not enough analysts covering the stock to determine statistical confidence in agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/16 00:06
End of Day Share Price 2025/02/14 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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

Asia File Corporation Bhd. is covered by 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chek FooCGS International
Research TeamKenanga Research
Hui Yee NgMalacca Securities Sdn Bhd