MISC Bhd (3816) fair value: what the stock is really worth
We calculate from audited financials what MISC Bhd is really worth. The fair value tells you whether the price is too high or too low, the quality score (0 to 100) how solid the business behind it is. 26 models, 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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MISC Bhd
3816 · KLSEOvervalued / MonitorQuality is not strong enough to offset the price risk.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 18, 2026.
How to read this chart
60‑month range 5.12 MYR – 8.60 MYR · fair‑value band 4.74 MYR – 7.89 MYR · the 7.97 MYR price screens above the 6.31 MYR fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 18, 2026.
Company profile
MISC Berhad engages in ship ownership and operation, other activities related to shipping services, and the operation of offshore floating terminals in Malaysia, the Americas, Asia, Africa, and Europe. It operates through Gas Assets & Solutions, Petroleum & Product Shipping, Offshore Business, Marine & Heavy Engineering, and Others segments.
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MISC Berhad engages in ship ownership and operation, other activities related to shipping services, and the operation of offshore floating terminals in Malaysia, the Americas, Asia, Africa, and Europe. It operates through Gas Assets & Solutions, Petroleum & Product Shipping, Offshore Business, Marine & Heavy Engineering, and Others segments. The company offers liquefied natural gas (LNG) carrier services, non-conventional gas asset solutions; petroleum tanker, and chemical tanker services. It also owns, leases, operates, and maintains offshore, floating, production and offloading terminals; and owns and operates LNG ships and very large ethane carriers, as well as marginal marine production units, mobile offshore production units, and semi-submersible floating production systems. In addition, the company offers maritime education and training services; port and terminal operation and management; marine transportation services; integrated marine services; and ship management and owing, accounting, commercial management, shipping agent and lightering, crew management, and special purpose vehicle services. Further, it engages in engineering, procurement, construction, installation, and commissioning services for offshore and onshore facilities; marine repair and conversion oil and gas engineering and construction works; ship-owning chartering and operating of vessels; LNG trading activities; supply, operation, and maintenance of LNG floating storage units; development of software and applications; and provision of consultancy, and data processing services. Additionally, the company provides plant turnaround and shutdown maintenance; sea and passenger freight water transportation; professional services to oil and gas industry; marine support and consultancy; and human resource procurement services. MISC Berhad was incorporated in 1968 and is headquartered in Kuala Lumpur, Malaysia. MISC Berhad is a subsidiary of Petroliam Nasional Berhad.
Stock analysis
MISC Bhd (3816) currently trades at 7.97 MYR, while our model-based Fair Value estimate is 6.31 MYR, implying the stock looks roughly 26.3% overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 7.22 MYR per share, and 3 of the 24 models we run sit above the 7.97 MYR price.
Bear case: the Earnings-Based group reads lowest at 1.07 MYR, and 21 of the 24 models stay below the price. Evidence for this calculation is high.
Scenario range: 4.74 MYR (bear) to 7.89 MYR (bull), the price of 7.97 MYR sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 62/100 (solid quality), in the Industrials sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
MISC Bhd reported revenue of 11.1B MYR in FY2025 versus 10.7B MYR in FY2021, a compound +1.1%/yr. Reported net income was 1.7B MYR in FY2025, compounding −1.8%/yr from FY2021.
Key figures
Market cap 35.6B MYR (≈ $8.7B) · P/E ratio 20.4 · P/S ratio 3.12 · EPS (TTM) 0.3900 MYR · Dividend yield 4.8% · Net margin 15.3% · Return on equity 4.9% · Return on assets (EBIT) 3.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 46 out of 100 (low confidence).
What moves the price
The share trades about 10% below its 52-week high and 15% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Industrials peers we cover trades at 13% fair-value upside, at −21%, 3816 screens richer than that median.
Fair Value models
All 24 models by family
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Set up alert →Quality Score breakdown
Of which business quality 60 · Market factors (momentum, volatility) 60
Revenue & earnings trend
Growth Forecast
3816 screens 26% overvalued. Compare with Adani Ports and Special Economic Zone Limited →
Compare MISC Bhd with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Marine Shipping · 229 stocks
Valuation Multiplesvs Marine Shipping median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Industrials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Industrials
- Valuation of the Malaysia market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Marine Shipping stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Adani Ports and Special Economic Zone Limited ADANIPORTS | ₹1,738 | ₹1,041 | −40% |
| A.P. Møller - Mærsk A/S MAERSKA | kr 21,520 | kr 20,248 | −6% |
| 532921 532921 | ₹1,765 | ₹1,942 | +10% |
| COSCO SHIPPING Holdings 601919 | ¥16.19 | ¥49.90 | +208% |
| Hapag-Lloyd Aktiengesellschaft, HLAG | €133.80 | €88.00 | −34% |
| Shanghai International Port (Group) Co 600018 | ¥5.43 | ¥6.15 | +13% |
| HMM Co 011200 | 20,750 KRW | 33,795 KRW | +63% |
| Ningbo Zhoushan Port Company 601018 | ¥3.51 | ¥5.58 | +59% |
| Qingdao Port International Co 601298 | ¥9.75 | ¥18.81 | +93% |
| JSW Infrastructure Limited JSWINFRA | ₹343.05 | ₹122.71 | −64% |
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Frequently asked questions
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Key figures of MISC Bhd
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