Manforce Group Berhad (MFGROUP) Stock Overview

An investment holding, provides workforce management services in Malaysia. More details

MFGROUP fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	2/6
Financial Health	6/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (14.6x) is below the Professional Services industry average (15.7x)

Risk Analysis

Shares are highly illiquid

Does not have a meaningful market cap (MYR120M)

Shareholders have been diluted in the past year

MFGROUP Community Fair Values

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Manforce Group Berhad Competitors

Price History & Performance

Summary of share price highs, lows and changes for Manforce Group Berhad
Historical stock prices
Current Share Price	RM 0.30
52 Week High	RM 0.38
52 Week Low	RM 0.26
Beta	-0.0096
1 Month Change	n/a
3 Month Change	n/a
1 Year Change	n/a
3 Year Change	n/a
5 Year Change	n/a
Change since IPO	30.43%

Recent updates

Shareholder Returns

	MFGROUP	MY Professional Services	MY Market
7D	9.1%	-0.6%	-0.9%
1Y	n/a	-15.2%	11.5%

Return vs Industry: Insufficient data to determine how MFGROUP performed against the MY Professional Services industry.

Return vs Market: Insufficient data to determine how MFGROUP performed against the MY Market.

Price Volatility

Is MFGROUP's price volatile compared to industry and market?
MFGROUP volatility
MFGROUP Average Weekly Movement	n/a
Professional Services Industry Average Movement	7.3%
Market Average Movement	5.9%
10% most volatile stocks in MY Market	12.1%
10% least volatile stocks in MY Market	2.8%

Stable Share Price: MFGROUP's share price has been volatile over the past 3 months compared to the MY market.

Volatility Over Time: Insufficient data to determine MFGROUP's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
2004	6,088	Paul Wong	www.manforce.net

Manforce Group Berhad, an investment holding, provides workforce management services in Malaysia. It operates through Foreign Worker Management Services, Manual Labour Services, Hostel Management Services, and Investment Holding and Other Business Activities segments. The Foreign Worker Management Services offers human resources, payroll, administration support, training, welfare, and immigration related solutions for foreign workers.

Manforce Group Berhad Fundamentals Summary

How do Manforce Group Berhad's earnings and revenue compare to its market cap?
MFGROUP fundamental statistics
Market cap	RM 119.99m
Earnings (TTM)	RM 8.21m
Revenue (TTM)	RM 174.92m

14.6x

P/E Ratio

0.7x

P/S Ratio

Is MFGROUP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MFGROUP income statement (TTM)
Revenue	RM 174.92m
Cost of Revenue	RM 148.79m
Gross Profit	RM 26.13m
Other Expenses	RM 17.93m
Earnings	RM 8.21m

Last Reported Earnings

Feb 28, 2026

Next Earnings Date

n/a

Earnings per share (EPS)	0.021
Gross Margin	14.94%
Net Profit Margin	4.69%
Debt/Equity Ratio	25.1%

How did MFGROUP perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

18%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2026/05/31 01:55
End of Day Share Price	2026/05/29 00:00
Earnings	2026/02/28
Annual Earnings	2026/02/28

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.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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

Manforce Group Berhad is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Manforce Group BerhadKLSE:MFGROUP Stock Report