OCK Group Berhad

KLSE:OCK Stock Report

Market Cap: RM 502.2m

OCK Group Berhad Valuation

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

Valuation Score

5/6

Valuation Score 5/6

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

Below Fair Value: OCK (MYR0.47) is trading below our estimate of fair value (MYR3.82)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for OCK. This is calculated by dividing OCK's market cap by their current earnings.
What is OCK's PE Ratio?
PE Ratio15.6x
EarningsRM 32.20m
Market CapRM 502.23m

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for OCK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average18.1x
TM Telekom Malaysia Berhad
14.9x3.2%RM 25.7b
REDTONE REDtone Digital Berhad
9.7xn/aRM 660.9m
SARTELE SAR Televenture
37.5xn/a₹10.3b
3830 Giga PrizeLtd
10.1x11.9%JP¥24.3b
OCK OCK Group Berhad
15.6x26.2%RM 502.2m

Price-To-Earnings vs Peers: OCK is good value based on its Price-To-Earnings Ratio (15.6x) compared to the peer average (18.1x).

Price to Earnings Ratio vs Industry

How does OCK's PE Ratio compare vs other companies in the Asian Telecom Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
OCK 15.6xIndustry Avg. 15.8xNo. of Companies21PE01224364860+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: OCK is good value based on its Price-To-Earnings Ratio (15.6x) compared to the Asian Telecom industry average (15.8x).

Price to Earnings Ratio vs Fair Ratio

What is OCK'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.

OCK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio15.6x
Fair PE Ratio20.6x

Price-To-Earnings vs Fair Ratio: OCK is good value based on its Price-To-Earnings Ratio (15.6x) compared to the estimated Fair Price-To-Earnings Ratio (20.6x).

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 OCK forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 0.47
RM 0.65
+37.6%
22.2%RM 0.79RM 0.45n/a3
Dec ’25RM 0.45
RM 0.67
+48.1%
25.1%RM 0.79RM 0.43n/a3
Nov ’25RM 0.47
RM 0.72
+52.2%
12.1%RM 0.79RM 0.60n/a3
Oct ’25RM 0.47
RM 0.72
+55.5%
12.1%RM 0.79RM 0.60n/a3
Sep ’25RM 0.54
RM 0.74
+37.7%
13.2%RM 0.82RM 0.60n/a3
Aug ’25RM 0.63
RM 0.82
+30.7%
3.5%RM 0.86RM 0.79n/a3
Jul ’25RM 0.57
RM 0.80
+39.7%
5.2%RM 0.86RM 0.76n/a3
Jun ’25RM 0.59
RM 0.80
+36.2%
5.2%RM 0.86RM 0.76n/a3
May ’25RM 0.59
RM 0.72
+22.6%
11.3%RM 0.80RM 0.61n/a3
Apr ’25RM 0.61
RM 0.72
+17.6%
11.3%RM 0.80RM 0.61n/a3
Mar ’25RM 0.58
RM 0.72
+24.7%
11.3%RM 0.80RM 0.61n/a3
Feb ’25RM 0.53
RM 0.67
+27.0%
8.2%RM 0.74RM 0.61n/a3
Jan ’25RM 0.43
RM 0.67
+53.3%
8.2%RM 0.74RM 0.61RM 0.483
Dec ’24RM 0.41
RM 0.67
+62.6%
8.2%RM 0.74RM 0.61RM 0.453
Nov ’24RM 0.40
RM 0.65
+63.7%
9.1%RM 0.73RM 0.60RM 0.473
Oct ’24RM 0.42
RM 0.65
+54.0%
9.1%RM 0.73RM 0.60RM 0.473
Sep ’24RM 0.43
RM 0.65
+48.7%
9.1%RM 0.73RM 0.60RM 0.543
Aug ’24RM 0.41
RM 0.55
+34.1%
18.8%RM 0.73RM 0.45RM 0.635
Jul ’24RM 0.40
RM 0.55
+37.5%
18.8%RM 0.73RM 0.45RM 0.575
Jun ’24RM 0.38
RM 0.55
+44.7%
18.8%RM 0.73RM 0.45RM 0.595
May ’24RM 0.40
RM 0.54
+35.5%
16.6%RM 0.69RM 0.45RM 0.595
Apr ’24RM 0.41
RM 0.54
+30.6%
16.6%RM 0.69RM 0.45RM 0.615
Mar ’24RM 0.40
RM 0.55
+38.5%
15.3%RM 0.69RM 0.45RM 0.585
Feb ’24RM 0.41
RM 0.61
+50.6%
29.0%RM 0.95RM 0.45RM 0.535
Jan ’24RM 0.41
RM 0.65
+56.6%
27.1%RM 0.95RM 0.50RM 0.434

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/03 20:28
End of Day Share Price 2025/01/03 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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 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

OCK Group 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
Woo Kim TohDBS Vickers Research
Minwei MakInter-Pacific Research Sdn Bhd
Cheow-Ming LiangKenanga Research