My E.G. Services Berhad

KLSE:MYEG Stock Report

Market Cap: RM 6.9b

My E.G. Services Berhad Valuation

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

Valuation Score

6/6

Valuation Score 6/6

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

Below Fair Value: MYEG (MYR0.91) is trading below our estimate of fair value (MYR2.28)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MYEG. This is calculated by dividing MYEG's market cap by their current earnings.
What is MYEG's PE Ratio?
PE Ratio10.3x
EarningsRM 666.58m
Market CapRM 6.85b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MYEG vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average38.5x
CTOS CTOS Digital Berhad
22.9x13.2%RM 3.0b
CCIB CC International Berhad
66.1xn/aRM 167.9m
FRONTKN Frontken Corporation Berhad
50.6x19.4%RM 6.5b
AFRY Afry
14.5x18.8%SEK 17.3b
MYEG My E.G. Services Berhad
10.3x3.1%RM 6.9b

Price-To-Earnings vs Peers: MYEG is good value based on its Price-To-Earnings Ratio (10.3x) compared to the peer average (29.4x).

Price to Earnings Ratio vs Industry

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

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MYEG 10.3xIndustry Avg. 19.3xNo. of Companies51PE01632486480+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MYEG is good value based on its Price-To-Earnings Ratio (10.3x) compared to the Asian Professional Services industry average (19.3x).

Price to Earnings Ratio vs Fair Ratio

What is MYEG'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.

MYEG PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.3x
Fair PE Ratio18.4x

Price-To-Earnings vs Fair Ratio: MYEG is good value based on its Price-To-Earnings Ratio (10.3x) compared to the estimated Fair Price-To-Earnings Ratio (18.4x).

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 MYEG forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 0.91
RM 1.43
+57.0%
11.0%RM 1.68RM 1.14n/a6
Nov ’25RM 0.84
RM 1.45
+72.0%
7.6%RM 1.68RM 1.34n/a6
Oct ’25RM 0.90
RM 1.45
+61.5%
7.6%RM 1.68RM 1.34n/a6
Sep ’25RM 0.90
RM 1.45
+61.5%
7.6%RM 1.68RM 1.34n/a6
Aug ’25RM 1.01
RM 1.41
+40.0%
9.9%RM 1.68RM 1.21n/a6
Jul ’25RM 0.99
RM 1.30
+30.8%
23.3%RM 1.68RM 0.63n/a7
Jun ’25RM 1.10
RM 1.23
+12.2%
24.9%RM 1.68RM 0.69n/a7
May ’25RM 0.94
RM 1.07
+14.0%
15.9%RM 1.24RM 0.69n/a8
Apr ’25RM 0.79
RM 1.06
+35.0%
15.8%RM 1.24RM 0.69n/a8
Mar ’25RM 0.81
RM 1.03
+27.5%
17.1%RM 1.24RM 0.69n/a7
Feb ’25RM 0.78
RM 1.03
+32.2%
16.9%RM 1.23RM 0.69n/a7
Jan ’25RM 0.81
RM 1.03
+26.5%
16.9%RM 1.23RM 0.69n/a7
Dec ’24RM 0.80
RM 1.05
+30.8%
16.1%RM 1.23RM 0.69n/a8
Nov ’24RM 0.78
RM 1.03
+33.4%
15.1%RM 1.18RM 0.69RM 0.848
Oct ’24RM 0.80
RM 1.03
+30.0%
15.1%RM 1.18RM 0.69RM 0.908
Sep ’24RM 0.78
RM 1.03
+33.4%
15.1%RM 1.18RM 0.69RM 0.908
Aug ’24RM 0.76
RM 1.03
+35.9%
14.7%RM 1.18RM 0.69RM 1.018
Jul ’24RM 0.75
RM 1.02
+35.8%
14.4%RM 1.18RM 0.69RM 0.998
Jun ’24RM 0.84
RM 0.99
+18.1%
15.8%RM 1.18RM 0.69RM 1.109
May ’24RM 0.79
RM 0.95
+20.1%
18.5%RM 1.18RM 0.66RM 0.949
Apr ’24RM 0.77
RM 0.94
+23.1%
20.8%RM 1.22RM 0.66RM 0.799
Mar ’24RM 0.73
RM 0.92
+25.1%
19.3%RM 1.22RM 0.66RM 0.819
Feb ’24RM 0.91
RM 1.19
+30.8%
9.2%RM 1.37RM 1.00RM 0.788
Jan ’24RM 0.87
RM 1.19
+36.8%
9.2%RM 1.37RM 1.00RM 0.818
Dec ’23RM 0.95
RM 1.20
+26.7%
8.9%RM 1.37RM 1.00RM 0.808
Nov ’23RM 0.89
RM 1.20
+34.6%
9.4%RM 1.30RM 0.92RM 0.788

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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