0245.KLSE MN Holdings Berhad
- Market cap
- MYR 2.73B
- P/E
- 30.4x
- P/B
- 7.07x
- ROE
- 24.0%
- Dividend yield
- 0.02%
- Fundamental score
- 3.4/5
Ratios use the latest price and the fiscal year ending Jun 2026.
Is 0245.KLSE undervalued?
Graham numberThe Graham number of MN Holdings Berhad cannot be estimated reliably (the estimate is too far from the market price).
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
MN Holdings Berhad fundamental analysis
15 of 22 checks passedROE 2/2
High return on equity (24.0%), above 20%.
ROA 1/1
Return on assets (13.0%) is above the industry median (1.5%).
Profit Consistency 2/2
Profitable for 9 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 1/1
Last year's EPS growth (69.4%) is above the 5-year average (47.4% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (69.4%) is above the industry median (10.1%).
Revenue Growth 2/2
Revenue grew 74.2% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 2/2
Low debt to equity (0.1%), 40% or less.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 1/1
EBIT is 161.9x against interest expense, well covered.
PE vs Market 0/1
PE (30.4x) is above the market median (11.4x).
PE vs Industry 0/1
PE (30.4x) is above the industry median (8.6x).
PBV 0/1
Price to book (7.1x) is above the industry median (0.5x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 215.0, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.64, growth is cheap.
Dividend Yield 0/2
Dividend yield (0.0%) is in the bottom 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 0.6%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
About MN Holdings Berhad
MN Holdings Berhad, an investment holding company, provides underground utilities engineering and substation engineering services and solutions in Malaysia. The company procures, supplies, delivers, installs, lays, constructs, tests, commissions, inspects, repairs, and maintains power and auxiliary cables, and accessories for electricity transmission and distribution; telecommunication and fiber optic network for fixed and mobile telephony services; sewerage pipelines for tr…
Full company profileMN Holdings Berhad financial statements
MN Holdings Berhad annual financial statements (MYR; K = thousand, M = million, B = billion, T = trillion)
| Item | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||
| Revenue | 51.8M | 65.7M | 68.0M | 115M | 104M | 164M | 256M | 540M | 869M |
| Gross Profit | 15.6M | 16.6M | 17.3M | 25.1M | 22.9M | 33.8M | 52.0M | 115M | 175M |
| Operating Income | 10.2M | 9.21M | 8.33M | 11.2M | 11.1M | 17.2M | 27.7M | 84.2M | 141M |
| EBITDA | - | - | - | - | - | 14.1M | 29.6M | 73.3M | 134M |
| Net Income | 7.37M | 6.37M | 5.66M | 8.13M | 5.53M | 9.50M | 16.9M | 47.7M | 92.1M |
| EPS | 0.02 | 0.02 | 0.01 | 0.02 | 0.01 | 0.02 | 0.04 | 0.08 | 0.14 |
| Balance Sheet | |||||||||
| Total Assets | 45.3M | 65.7M | 72.1M | 109M | 118M | 147M | 206M | 390M | 708M |
| Total Liabilities | 23.2M | 38.3M | 40.0M | 69.5M | 56.9M | 75.9M | 87.9M | 195M | 322M |
| Shareholders' Equity | 22.1M | 27.4M | 32.2M | 39.2M | 61.4M | 70.9M | 118M | 194M | 384M |
| Cash & Short-term Investments | 1.86M | 4.92M | 6.03M | 11.3M | 18.9M | 21.6M | 48.7M | 126M | 230M |
| Cash Flow | |||||||||
| Operating Cash Flow | 3.47M | 6.95M | 6.43M | 5.34M | -3.22M | 4.77M | -8.16M | 64.1M | 112M |
| Capital Expenditure | 314K | 6.02M | 497K | 87.5K | 568K | 2.96M | 103K | 1.19M | 2.07M |
| Free Cash Flow | - | - | 5.75M | 5.09M | -3.79M | 3.54M | -8.27M | 62.9M | 110M |
| Ratios | |||||||||
| ROE | 33.4% | 23.2% | 17.6% | 20.7% | 9.0% | 13.4% | 14.3% | 24.6% | 24.0% |
| ROA | 16.3% | 9.7% | 7.8% | 7.5% | 4.7% | 6.5% | 8.2% | 12.2% | 13.0% |
| Net Profit Margin | 14.2% | 9.7% | 8.3% | 7.1% | 5.3% | 5.8% | 6.6% | 8.8% | 10.6% |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
MN Holdings Berhad dividends
- Dividend yield
- 0.02%
- Forward dividend
- -
- Payout ratio
- 0.6%
- Ex-dividend date
- Jun 13, 2025
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2026 | MYR 584K | 0.00 | 0.6% |
| 2025 | MYR 745K | 0.00 | 1.6% |
| 2024 | - | - | - |
| 2023 | - | - | - |
| 2022 | - | - | - |
| 2021 | MYR 1.06M | 0.00 | 13.0% |
| 2020 | MYR 1.12M | 0.00 | 19.8% |
| 2019 | MYR 650K | 0.00 | 10.2% |
| 2018 | - | - | - |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns MN Holdings Berhad
- Insiders 38.00%
- Institutions 29.56%
- Public & others 32.43%
- Shares outstanding 692M
- Free float 408M
MN Holdings Berhad company profile
- Company name
- MN Holdings Berhad
- Ticker
- 0245.KLSE
- ISIN
- MYQ0245OO009
- Exchange
- Kuala Lumpur Exchange
- Sector
- Industrials
- Industry
- Construction & Engineering
- Employees
- 522
- Fiscal year end
- June
- Address
- F-07-01, Garden Shoppe One City, Subang Jaya, Malaysia, 47650
- Phone
- 60 3 5115 0008
- Website
- mnholdings.com.my
About MN Holdings Berhad
MN Holdings Berhad, an investment holding company, provides underground utilities engineering and substation engineering services and solutions in Malaysia. The company procures, supplies, delivers, installs, lays, constructs, tests, commissions, inspects, repairs, and maintains power and auxiliary cables, and accessories for electricity transmission and distribution; telecommunication and fiber optic network for fixed and mobile telephony services; sewerage pipelines for transportation of sewage; and drainage pipelines for transportation of water. It is also involved in the design and establishment of indoor and outdoor electrical substations, structural and civil construction for medium and high voltage power substations, medium and high voltage underground cabling, and overhead line systems for transmission and distribution lines; and project management, construction, installation, testing, and commissioning of medium and high voltage power substations, medium and high voltage underground cabling systems, and overhead line systems for transmission and distribution lines. In addition, the company distributes power control systems and components for substations; and provides pipe jacking and aerial bundled cable engineering services and solutions. The company serves power, gas, sewerage, and telecommunications industries. MN Holdings Berhad was founded in 2007 and is headquartered in Subang Jaya, Malaysia.
MN Holdings Berhad management
7- Mr. Eng Keat TohMD & Director · born 1976
- Mr. Siong Hay LoyExecutive Director · born 1966
- Mr. Siong Diang DangExecutive Director · born 1976
- Mr. Chien Chang PangChief Financial Officer · born 1987
- Ms. Yeng Yeng TohSustainability Manager · born 1985
- Mr. Tong Lang TanJoint Secretary · born 1977
- Hooi Pin LauJoint Secretary