EN DE

IOI Corporation Bhd (1961) Fair Value & Analysis

Consumer Defensive · MY · Market cap 28.7B MYR (≈ $7.1B) · ISIN MYL1961OO001

What is IOI Corporation Bhd really worth?

IC IOI Corporation Bhd 1961 · KLSE
Price4.72 MYR
Fair Value1.99 MYR
Upside−57.8%
Quality67/100

A solid business, but trading 137% above our fair value of 1.99 MYR.

Watch IOI Corporation Bhd for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card. Watch for free

Strengths

Solidly profitable · 13.8% net margin
Low debt · generates free cash flow
Ranks above peers (9/15)

Risks

!Weak Growth (revenue 5y +7.8 %/yr)
!Moderate moat 52/100

For context

·2.33% dividend yield
Evidence: High Range 1.75 MYR – 3.27 MYR

Fair value as of: Aug 14, 2026

From 24 valuation models · updated 22 days ago

Fair value updated Aug 14, 2026, revised from 2.18 MYR to 1.99 MYR (−8.7%) since Jul 16, 2026. Share price +3.7% over the past month.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

What matters now

  • The price sits above even our optimistic bull case (3.27 MYR). The favourable scenario is already priced in.
  • Solid but not exceptional quality (67/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (1.75 MYR to 3.27 MYR) leaves room in how you read the outcome.

Price vs Fair Value (5 years)

4.81 MYR 3.16 MYR Fair Value 1.99 MYR Apr 2021 Sep 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 14, 2026.

How to read this chart

60‑month range 3.16 MYR – 4.81 MYR · fair‑value band 1.75 MYR – 3.27 MYR · the 4.72 MYR price screens above the 1.99 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 14, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

IOI Corporation Bhd (1961) currently trades at 4.72 MYR, while our model-based Fair Value estimate is 1.99 MYR, implying the stock looks roughly 137.2% overvalued today. The Quality Score stands at 67/100 (solid quality), in the Consumer Defensive sector. Bull case: the Growth Earnings group reads highest at a median of 3.84 MYR per share, and 1 of the 24 models we run sit above the 4.72 MYR price. Bear case: the Growth DCF group reads lowest at 0.4800 MYR, and 23 of the 24 models stay below the price. Evidence for this calculation is high.

Over the trailing twelve months, IOI Corporation Bhd generated revenue of 11.7B MYR at a net margin of 13.8%. Revenue declined 2.2% year over year. It earns a return on equity of 12.9%. Net debt stands at 2.7B MYR. Fundamentals as of Aug 14, 2026

Our scenario range runs from 1.75 MYR (bear case) to 3.27 MYR (bull case); at 4.72 MYR, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades near its 52-week high and 36% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at −27% fair-value upside, at −58%, 1961 screens richer than that median.

Fair Value models

This estimate rests on fiscal year 2025 figures, and about 12 months have passed since. In that time the company retained roughly 0.1500 MYR per share, which is 7.5 % of the fair value. The fair value deliberately does not add this in: the models value reported figures, not a projection.

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted, family-balanced blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small. Every input is real reported data, nothing guessed.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
FCF DCF 0.2600 MYR 0.4600 MYR 0.8600 MYR 77
Owner Earnings 1.66 MYR 2.36 MYR 3.75 MYR 76
Growth DCF 0.2800 MYR 0.4800 MYR 0.8300 MYR 76
All 24 models by family
DCF Models
FCF DCF 0.2600 MYR 0.4600 MYR 0.8600 MYR 77
Owner Earnings 1.66 MYR 2.36 MYR 3.75 MYR 76
5Y Revenue Exit 1.00 MYR 1.77 MYR 2.93 MYR 70
5Y EBITDA Exit 1.37 MYR 2.40 MYR 3.81 MYR 73
5Y P/E Exit 1.95 MYR 3.40 MYR 5.16 MYR 69
10Y Revenue Exit 0.6600 MYR 1.27 MYR 1.98 MYR 65
10Y EBITDA Exit 0.9300 MYR 1.68 MYR 2.53 MYR 67
10Y P/E Exit 1.29 MYR 2.32 MYR 3.38 MYR 63
Earnings-Based
Graham-Dodd 1.65 MYR 2.51 MYR 3.00 MYR 67
EPV 1.23 MYR 1.48 MYR 1.71 MYR 74
Dividend Discount
Gordon GGM 0.9100 MYR 1.06 MYR 1.23 MYR 69
DDM Multi-Stage 0.9100 MYR 1.19 MYR 1.55 MYR 67
Multiples
P/E Multiple 3.81 MYR 5.08 MYR 6.35 MYR 63
P/S Multiple 2.16 MYR 2.89 MYR 3.61 MYR 58
P/B Multiple 3.08 MYR 4.11 MYR 5.14 MYR 55
EV/EBIT 2.44 MYR 3.35 MYR 4.26 MYR 66
EV/EBITDA 2.42 MYR 3.33 MYR 4.24 MYR 67
EV/Revenue 1.60 MYR 2.41 MYR 3.22 MYR 53
Asset-Based
NCAV (Graham) 0.9800 MYR 1.31 MYR 1.96 MYR 54
Growth DCF
Growth DCF 0.2800 MYR 0.4800 MYR 0.8300 MYR 76
Rev-Margin DCF 1.00 MYR 1.79 MYR 2.76 MYR 71
Economic Profit
Residual Income 1.83 MYR 2.18 MYR 4.28 MYR 72
ROIC Compounder 1.23 MYR 1.48 MYR 1.71 MYR 72
Growth Earnings
Growth-Adj P/E 2.69 MYR 3.84 MYR 5.00 MYR 67

Widest divergence: Growth Earnings (3.84 MYR) versus Growth DCF (0.4800 MYR). Highest evidence: FCF DCF (77).

Notify me when 1961 reaches fair value

Put 1961 on your watchlist. We get in touch as soon as price and fair value meet or the trend turns.

Set up alert →

Free, no payment details. Unsubscribe anytime in one click.

Key figures & financial health

P/E ratio 18.2
P/S ratio 2.44 P/E × margin
EPS (TTM) 0.2600 MYR price ÷ EPS = P/E 18.2
Dividend yield 2.3% payout 42.3%
Net margin 13.4% FY2025
Return on equity 12.9% TTM
More key figures
Profitability
Return on assets (EBIT) 8.2% avg 5y
Operating margin 10.5% TTM
Growth
Revenue (TTM) 11.7B MYR TTM
Revenue growth (YoY) −2.2% 3y avg −10.1%
EPS growth (YoY) +6.6%
Balance sheet & cash flow
Free cash flow 352M MYR FY2025
Net debt 2.7B MYR FY2025 · ≈ 7.6 yrs of FCF

Figures from reported company fundamentals · as of Aug 14, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 67/100

Of which business quality 63 · Market factors (momentum, volatility) 77

Profitability 62
Margins and returns on capital today
Quality Growth 82
Are margins and returns improving?
Cashflow 20
Earnings quality: real cash, not paper profit
Fin. Strength 73
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 99
Calm price path (market factor)
Momentum 61
Price trend over the last 3–12 months (market factor)
52W Momentum 81
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

IOI Corporation Berhad, an investment holding company, primarily engages in the plantation business in Malaysia, Europe, North America, Asia, and internationally. The company operates through two segments, Plantation and Resource-Based Manufacturing.

Full company description

IOI Corporation Berhad, an investment holding company, primarily engages in the plantation business in Malaysia, Europe, North America, Asia, and internationally. The company operates through two segments, Plantation and Resource-Based Manufacturing. It cultivates oil palm, softwood timber, rubber, and coconut; refines and processes crude palm, crude coconut, and palm kernel oils; and manufactures specialty oils and fats. The company also manufactures and exports fatty acids, soap noodles, glycerin, fatty esters, and other related products. In addition, it is involved in the commercialization of clonal ramets, tissue culturing process and biotechnology related research and development activities; provision of management and marketing services; production and supply of palm-based renewable energy; and trading of palm oil commodities, oilseeds, and edible oils and fats; and the processing of raw materials for the edible oils and fats industry. Further, the company engages in the property development, maintenance, and investment activities; issuance of exchangeable bonds and guaranteed notes; processing of oil palm trunks; storage tanks rental activities; manufacturing of oleochemical products; and provision of bulk cargo warehousing services, as well as treasury management services and management consulting services. Additionally, it is involved in the manufacture and sale of pharmaceutical products, plasticizer products, margarine, and shortening and fat spreads; manufacture of palm wood boards and panels under the OnCore brand name used in the furniture, construction, and building industries; and development of a proprietary keto-ester portfolio. The company was formerly known as Industrial Oxygen Incorporated Sdn Bhd and changed its name to IOI Corporation Berhad in March 1995. IOI Corporation Berhad was incorporated in 1969 and is based in Putrajaya, Malaysia.IOI Corporation Berhad is a subsidiary of Progressive Holdings Sdn. Bhd.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

IOI Corporation Bhd reported revenue of 11.3B MYR in FY2025 versus 11.3B MYR in FY2021, a compound +0.2%/yr. Reported net income was 1.5B MYR in FY2025, compounding +2.2%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
11.3B MYR
Latest YoY
+18.0%
Avg. revenue growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−10.1%
Avg. revenue growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+7.8%
Avg. revenue growth/yr (19Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+3.3%
Value creation/yr (5Y, in MYR) Earnings growth per share (CAGR 5 years, EBIT basis) plus dividend yield: value created per share and year. Measured in MYR: this currency has depreciated against the euro and dollar over the long run, so part of the nominal rate is currency erosion that never reaches a EUR/USD investor.
+8.8% (6.5 + 2.3)
Revenue +0.2%/yr
FY21 11.3B MYR
FY22 15.6B MYR
FY23 11.6B MYR
FY24 9.6B MYR
FY25 11.3B MYR
Net income +2.2%/yr
FY21 1.4B MYR
FY22 1.7B MYR
FY23 1.1B MYR
FY24 1.1B MYR
FY25 1.5B MYR
Character of growth · EPS growth decomposed (2014-2025) −0.9 % p.a.
Revenue per share −0.6 %

of which total revenue −0.9 % · buybacks/dilution +0.3 %

EBIT margin −0.2 %
Tax rate −0.3 %
Residual (interest, one-offs) +0.1 %

Annual growth per factor. These are factors, not summands: multiplied they give the EPS growth rate, added they do not quite. Start and end points are 3-year averages (details on hover).

1961 screens 137% overvalued. Compare with Nestlé S.A →

Share or link this analysis
𝕏 Post WhatsApp LinkedIn Reddit
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "IOI Corporation Bhd Fair Value". https://www.fairvalue-calculator.com/stock/1961

Peer Group

Packaged Foods · 648 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 67 · Top 25%
Fair Value upside −58% · Bottom 25%
Return on equity (TTM) 13% · Above median
Return on assets 5% · Above median
Net margin (TTM) 14% · Top 25%
Operating margin (TTM) 10% · Above median
Revenue growth −2% · Below median
Dividend yield (TTM) 2.3% · Below median
Debt / equity 0.20× · Higher than median

Valuation Multiples vs Packaged Foods median · lower = cheaper

P/E (TTM) 18.2× · Pricier than median
P/B 0.58× · Cheaper than 75% of peers
P/S (TTM) 0.61× · Cheaper than median
P/FCF 20.2× · Pricier than 75% of peers
EV/EBITDA 4.9× · Cheaper than 75% of peers
PEG 1.12× · Cheaper than median

Strength profile in five axes (Snowflake)

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE0 · sector 25
FUTURE0 · sector 21
PAST51 · sector 28
HEALTH90 · sector 96
DIVIDEND47 · sector 53

VALUE 0: the price sits above our fair-value range.

Insider activity: 40/100

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Packaged Foods stocks, each showing price versus our Fair Value estimate (as of Aug 14, 2026).

Stock Price Fair Value vs Fair Value
Nestlé S.A NESN CHF 78.62 CHF 57.26 −27%
Danone S.A BN €64.28 €48.41 −25%
Nestlé India Limited NESTLEIND ₹1,478 ₹251.94 −83%
The Kraft Heinz Company KHC $25.13 $24.59 −2%
Foshan Haitian Flavouring and Food Company 603288 ¥35.05 ¥21.93 −37%
Inner Mongolia Yili Industrial Group 600887 ¥25.51 ¥32.50 +27%
Yihai Kerry Arawana Holdings 300999 ¥25.28 ¥9.89 −61%
General Mills, Inc GIS $40.44 $28.32 −30%
Wilmar International Limited F34 3.64 SGD 3.89 SGD +7%
Britannia Industries Limited BRITANNIA ₹5,511 ₹1,765 −68%

Compare IOI Corporation Bhd with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Consumer Defensive stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Try a ready-made strategy

Pick a strategy and jump into the live analysis with that exact screen applied.

🥇 Backtested Best 🏆 Big Names ⭐ Top Rated 💎 Quality on Sale 🚀 Profitable Growth 🧊 Quality Compounders 💵 Dividend Stars 📈 Strong Momentum 📉 Fallen Angels ⚖️ Deeply Undervalued 🔍 Small-Cap Gems 🏰 Moat at a Fair Price 💼 Insider Buying 🎩 Buffett-Style Quality 📚 Peter Lynch GARP 🧮 Greenblatt Magic Formula 🛡️ Graham Defensive

Discover tools

Stock screener Filter by region, size and sector Compare tool Two stocks side by side Extrinsic Value Calculator (Options) Splits an option premium into intrinsic and extrinsic (time) value. Peter Lynch Fair Value Formula & Calculator Apply Peter Lynch's fair value formula in seconds: fair P/E ≈ earnings growth (+ dividend) - free, with formula and example.

Frequently asked questions

Is IOI Corporation Bhd (1961) overvalued or undervalued?
As of Aug 14, 2026, our model estimates a fair value of 1.99 MYR versus a price of 4.72 MYR, about −58% upside (overvalued).
What is the fair value of 1961?
Our model-based fair value for IOI Corporation Bhd is 1.99 MYR (as of Aug 14, 2026), built from audited fundamentals. The current price: 4.72 MYR.
What is the quality score of 1961?
IOI Corporation Bhd has a Quality Score of 67/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of IOI Corporation Bhd (1961)?
IOI Corporation Bhd reported trailing-twelve-month revenue of about 11.7B MYR (latest available figure, as of Aug 14, 2026).
What is the net profit margin of 1961?
The net profit margin of IOI Corporation Bhd is about 13.8%, meaning it keeps roughly 13.8% of revenue as net income. Based on the latest reported figures.
Does IOI Corporation Bhd pay a dividend?
IOI Corporation Bhd currently shows a dividend yield of about 2.33% relative to its recent price (as of Aug 14, 2026).
Free · no account needed

Watch IOI Corporation Bhd in the live analysis

One click puts IOI Corporation Bhd on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.

Watch for free →

Zero risk: nothing is ever charged. Your watchlist is yours, with or without an account.