Mah Sing Group Berhad

KLSE:MAHSING Stock Report

Market Cap: RM 4.4b

Mah Sing Group Berhad Valuation

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

Valuation Score

2/6

Valuation Score 2/6

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

Below Fair Value: MAHSING (MYR1.72) is trading above our estimate of fair value (MYR0.51)

Significantly Below Fair Value: MAHSING is trading above our estimate of fair value.


Key Valuation Metric

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

Other financial metrics that can be useful for relative valuation.

MAHSING key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2x
Enterprise Value/EBITDA11.3x
PEG Ratio1.7x

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MAHSING vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average31.7x
OSK OSK Holdings Berhad
6.9x6.7%RM 3.3b
ECOWLD Eco World Development Group Berhad
22.4x15.2%RM 5.0b
SPSETIA S P Setia Berhad
13.6x-12.2%RM 6.2b
UEMS UEM Sunrise Berhad
83.9x20.2%RM 5.0b
MAHSING Mah Sing Group Berhad
18.7x11.2%RM 4.4b

Price-To-Earnings vs Peers: MAHSING is good value based on its Price-To-Earnings Ratio (18.7x) compared to the peer average (31.7x).


Price to Earnings Ratio vs Industry

How does MAHSING's PE Ratio compare vs other companies in the MY Real Estate Industry?

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a-0.6%
n/an/an/a
No. of CompaniesPE048121620

Fetching data

0 CompaniesPrice / EarningsEstimated GrowthMarket Cap
Industry Avg.n/a-0.6%
n/an/an/a
No more companies

Price-To-Earnings vs Industry: MAHSING is expensive based on its Price-To-Earnings Ratio (18.7x) compared to the MY Real Estate industry average (13.6x).


Price to Earnings Ratio vs Fair Ratio

What is MAHSING'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.

MAHSING PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.7x
Fair PE Ratio14x

Price-To-Earnings vs Fair Ratio: MAHSING is expensive based on its Price-To-Earnings Ratio (18.7x) compared to the estimated Fair Price-To-Earnings Ratio (14x).


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 MAHSING forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 1.72
RM 2.07
+20.2%
7.5%RM 2.29RM 1.79n/a11
Sep ’25RM 1.63
RM 2.07
+26.9%
7.5%RM 2.29RM 1.79n/a11
Aug ’25RM 1.85
RM 2.06
+11.2%
9.0%RM 2.33RM 1.66n/a11
Jul ’25RM 1.78
RM 2.02
+13.4%
8.5%RM 2.27RM 1.66n/a10
Jun ’25RM 1.50
RM 1.83
+22.3%
16.3%RM 2.11RM 1.11n/a11
May ’25RM 1.25
RM 1.37
+9.5%
13.3%RM 1.58RM 1.11n/a11
Apr ’25RM 1.23
RM 1.25
+1.6%
10.1%RM 1.55RM 1.11n/a11
Mar ’25RM 0.97
RM 1.20
+22.8%
7.8%RM 1.38RM 1.10n/a11
Feb ’25RM 0.94
RM 1.04
+10.2%
11.1%RM 1.30RM 0.87n/a11
Jan ’25RM 0.83
RM 1.01
+21.6%
10.5%RM 1.30RM 0.87n/a11
Dec ’24RM 0.78
RM 1.01
+29.4%
10.5%RM 1.30RM 0.87n/a11
Nov ’24RM 0.81
RM 0.95
+16.1%
16.6%RM 1.30RM 0.65n/a11
Oct ’24RM 0.90
RM 0.92
+2.0%
16.9%RM 1.30RM 0.65RM 1.8011
Sep ’24RM 0.81
RM 0.86
+7.0%
11.3%RM 0.98RM 0.65RM 1.6312
Aug ’24RM 0.67
RM 0.77
+15.2%
8.9%RM 0.89RM 0.65RM 1.8512
Jul ’24RM 0.61
RM 0.77
+25.5%
8.9%RM 0.89RM 0.65RM 1.7812
Jun ’24RM 0.59
RM 0.75
+26.8%
9.2%RM 0.87RM 0.65RM 1.5012
May ’24RM 0.60
RM 0.74
+22.9%
9.7%RM 0.86RM 0.60RM 1.2512
Apr ’24RM 0.59
RM 0.73
+24.3%
10.4%RM 0.86RM 0.60RM 1.2312
Mar ’24RM 0.61
RM 0.73
+20.2%
10.4%RM 0.86RM 0.60RM 0.9712
Feb ’24RM 0.60
RM 0.71
+17.2%
11.8%RM 0.86RM 0.60RM 0.9410
Jan ’24RM 0.56
RM 0.70
+24.8%
11.8%RM 0.86RM 0.60RM 0.8310
Dec ’23RM 0.58
RM 0.70
+21.6%
11.8%RM 0.86RM 0.60RM 0.7810
Nov ’23RM 0.51
RM 0.71
+39.4%
11.9%RM 0.86RM 0.60RM 0.8110
Oct ’23RM 0.49
RM 0.71
+45.1%
11.9%RM 0.86RM 0.60RM 0.9010

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies