Malakoff Corporation Berhad

KLSE:MALAKOF Stock Report

Market Cap: RM 3.9b

Malakoff Corporation Berhad Valuation

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

Discounted Cash Flow
Simply Wall St
RM 2.33
Fair Value
65.6% undervalued intrinsic discount
11
Number of Analysts

Below Fair Value: MALAKOF (MYR0.8) is trading below our estimate of fair value (MYR2.33)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for MALAKOF. This is calculated by dividing MALAKOF's market cap by their current earnings.
What is MALAKOF's PE Ratio?
PE Ratio18x
EarningsRM 217.02m
Market CapRM 3.91b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for MALAKOF vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average13.2x
MFCB Mega First Corporation Berhad
8.2x1.5%RM 3.8b
GASMSIA Gas Malaysia Berhad
12.1x-0.6%RM 5.4b
EDEN Eden Berhad
1xn/aRM 80.9m
RANHILL Ranhill Utilities Berhad
31.3x-1.6%RM 1.6b
MALAKOF Malakoff Corporation Berhad
18x13.5%RM 3.9b

Price-To-Earnings vs Peers: MALAKOF is expensive based on its Price-To-Earnings Ratio (18x) compared to the peer average (13.2x).

Price to Earnings Ratio vs Industry

How does MALAKOF's PE Ratio compare vs other companies in the Asian Renewable Energy Industry?

12 CompaniesPrice / EarningsEstimated GrowthMarket Cap
MALAKOF 18.0xIndustry Avg. 15.3xNo. of Companies29PE01224364860+
12 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: MALAKOF is expensive based on its Price-To-Earnings Ratio (18x) compared to the Asian Renewable Energy industry average (15.4x).

Price to Earnings Ratio vs Fair Ratio

What is MALAKOF'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.

MALAKOF PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18x
Fair PE Ratio18x

Price-To-Earnings vs Fair Ratio: MALAKOF is expensive based on its Price-To-Earnings Ratio (18x) compared to the estimated Fair Price-To-Earnings Ratio (18x).

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 MALAKOF forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentRM 0.80
RM 1.01
+25.9%
18.7%RM 1.38RM 0.75n/a11
Apr ’26RM 0.79
RM 1.01
+28.3%
18.7%RM 1.38RM 0.75n/a11
Mar ’26RM 0.82
RM 1.01
+22.6%
18.7%RM 1.38RM 0.75n/a11
Feb ’26RM 0.87
RM 1.02
+17.6%
17.7%RM 1.38RM 0.80n/a11
Jan ’26RM 0.84
RM 1.02
+20.7%
18.0%RM 1.38RM 0.80n/a11
Dec ’25RM 0.80
RM 1.03
+29.1%
18.7%RM 1.38RM 0.80n/a10
Nov ’25RM 0.84
RM 1.01
+20.7%
21.4%RM 1.38RM 0.68n/a10
Oct ’25RM 0.95
RM 1.03
+8.2%
19.4%RM 1.38RM 0.79n/a10
Sep ’25RM 0.92
RM 0.95
+3.3%
13.1%RM 1.11RM 0.79n/a10
Aug ’25RM 0.84
RM 0.78
-7.4%
20.5%RM 1.08RM 0.55n/a10
Jul ’25RM 0.81
RM 0.74
-7.5%
16.6%RM 1.00RM 0.55n/a10
Jun ’25RM 0.71
RM 0.72
+1.4%
12.9%RM 0.86RM 0.55n/a10
May ’25RM 0.67
RM 0.70
+4.6%
12.0%RM 0.80RM 0.55n/a10
Apr ’25RM 0.65
RM 0.70
+8.7%
12.0%RM 0.80RM 0.55RM 0.7910
Mar ’25RM 0.63
RM 0.70
+12.2%
12.0%RM 0.80RM 0.55RM 0.8210
Feb ’25RM 0.66
RM 0.69
+3.8%
13.4%RM 0.80RM 0.52RM 0.8710
Jan ’25RM 0.64
RM 0.68
+6.3%
12.4%RM 0.80RM 0.52RM 0.8410
Dec ’24RM 0.60
RM 0.68
+11.6%
12.4%RM 0.80RM 0.52RM 0.8010
Nov ’24RM 0.59
RM 0.67
+13.3%
10.8%RM 0.80RM 0.55RM 0.8410
Oct ’24RM 0.59
RM 0.67
+13.1%
11.0%RM 0.80RM 0.55RM 0.9510
Sep ’24RM 0.59
RM 0.69
+16.8%
16.0%RM 0.95RM 0.55RM 0.9210
Aug ’24RM 0.63
RM 0.75
+19.7%
12.7%RM 0.95RM 0.60RM 0.8410
Jul ’24RM 0.58
RM 0.75
+29.7%
12.6%RM 0.95RM 0.60RM 0.8110
Jun ’24RM 0.61
RM 0.76
+25.1%
11.3%RM 0.95RM 0.60RM 0.7110
May ’24RM 0.68
RM 0.88
+29.0%
14.2%RM 1.05RM 0.65RM 0.6710
Apr ’24RM 0.69
RM 0.88
+28.0%
13.9%RM 1.05RM 0.65RM 0.6510
AnalystConsensusTarget
Consensus Narrative from 11 Analysts
RM 1.01
Fair Value
20.6% undervalued intrinsic discount
11
Number of Analysts

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 Analysis2025/04/28 23:49
End of Day Share Price 2025/04/28 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

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.

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

Malakoff Corporation Berhad is covered by 22 analysts. 11 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chee ChowAffin Hwang Investment Bank
Huey GanAmInvestment Bank Berhad
null nullBIMB Securities Sdn. Bhd