2305.KLSE AYER Holdings Bhd

Real Estate Real Estate Management & Development Kuala Lumpur Exchange
Add to portfolio Ask AI about 2305.KLSE
7.75 MYR
Close of Oct 29, 2026
Market cap
MYR 580M
P/E
8.3x
P/B
0.93x
ROE
9.5%
Dividend yield
7.74%
Fundamental score
3.6/5

Ratios use the latest price and the current fiscal year annualized from 1 quarter up to Jun 2026.

Is 2305.KLSE undervalued?

Graham number
Price7.75
Graham value13.20
Discount41.3%

2305.KLSE trades 41.3% below its Graham number.

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?

AYER Holdings Bhd fundamental analysis

17 of 22 checks passed

ROE 0/2

Low return on equity (9.5%), below 10%.

ROA 1/1

Return on assets (8.1%) is above the industry median (1.4%).

Profit Consistency 2/2

Profitable for 10 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 (54.8%) is above the 5-year average (48.9% a year).

Earnings Growth vs Industry 1/1

Last year's EPS growth (54.8%) is above the industry median (3.6%).

Revenue Growth 2/2

Revenue grew 16.9% 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 0/2

Debt to equity cannot be calculated: debt is not reported or equity is negative.

Debt Trend 0/1

Debt to equity has risen over the past 5 years.

Debt Coverage 0/1

Debt is not reported.

Interest Coverage 1/1

EBIT is 10,469.5x against interest expense, well covered.

PE vs Market 1/1

PE (8.3x) is below the market median (11.4x).

PE vs Industry 1/1

PE (8.3x) is below the industry median (8.4x).

PBV 0/1

Price to book (0.9x) is above the industry median (0.4x).

Graham Number 1/1

The price is below the Graham number (PE x PB = 7.8, limit 22.5).

PEG 1/1

PEG on 5-year earnings growth is 0.17, growth is cheap.

Dividend Yield 2/2

Dividend yield (7.7%) is in the top 25% of dividend payers in the market.

Dividend Stability 1/2

Dividends paid without a cut of more than 10% for 6 years.

Dividend Growth 1/1

Dividends paid grew over the past 5 years.

Payout Ratio 1/1

Payout ratio is 78.6%, 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 AYER Holdings Bhd

AYER Holdings Berhad engages in property development, plantation, and other businesses in Malaysia. It develops residential and commercial properties; and cultivates of oil palm and durian, as well as provides investment, management, and project management services. The company was formerly known as TAHPS Group Berhad and changed its name to AYER Holdings Berhad in December 2017. AYER Holdings Berhad was incorporated in 1907 and is based in Kuala Lumpur, Malaysia.

Full company profile