3905.KLSE Mulpha International Bhd
- Market cap
- MYR 796M
- P/E
- 2.5x
- P/B
- 0.20x
- ROE
- 9.0%
- Dividend yield
- -
- Fundamental score
- 2.9/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is 3905.KLSE undervalued?
Graham numberThe Graham number of Mulpha International Bhd 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?
Mulpha International Bhd fundamental analysis
13 of 22 checks passedROE 0/2
Low return on equity (9.0%), below 10%.
ROA 1/1
Return on assets (5.6%) is above the industry median (1.8%).
Profit Consistency 2/2
Profitable for 5 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 0/1
Not enough positive earnings history to compare last year's growth with the 5-year average.
Earnings Growth vs Industry 1/1
Last year's EPS growth (469.4%) is above the industry median (43.3%).
Revenue Growth 2/2
Revenue grew 17.9% 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 2/2
Low debt to equity (12.3%), 40% or less.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 0/1
Operating cash flow does not cover 20% of total debt.
Interest Coverage 0/1
EBIT is 4.8x against interest expense, below 5x.
PE vs Market 1/1
PE (2.5x) is below the market median (11.4x).
PE vs Industry 1/1
PE (2.5x) is below the industry median (9.5x).
PBV 1/1
Price to book (0.2x) is below the industry median (0.4x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 0.5, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 0/2
No dividend paid in the last reported year.
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 0/1
No dividend, or no profit to pay it from.
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 Mulpha International Bhd
Mulpha International Bhd, an investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand. It operates through four segments: Property Development; Property Investment and Finance; Hospitality and Leisure; and Investment and Others. The company engages in property development and investment; real estate investment; licensed money lending; provision of financial services; ownership and operation of hotels and services;…
Full company profileMulpha International Bhd financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Mulpha International Bhd annual financial statements (MYR; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 1.28B | 1.17B | 785M | 850M | 617M | 787M | 971M | 1.20B | 1.03B | 1.59B | 1.11B |
| Gross Profit | 1.14B | 1.07B | 698M | 758M | 572M | 726M | 856M | 1.05B | 867M | 856M | - |
| Operating Income | 12.2M | 319M | 219M | -3.84M | 12.8M | 463M | 157M | 226M | 194M | 608M | 441M |
| EBITDA | - | 625M | 438M | -67.1M | 45.8M | 548M | 238M | 311M | 294M | 732M | 569M |
| Net Income | 16.8M | 369M | 236M | -212M | -58.4M | 433M | 84.9M | 110M | 71.0M | 404M | 360M |
| EPS | 0.05 | 1.16 | 0.74 | -0.66 | -0.18 | 1.39 | 0.27 | 0.35 | 0.23 | 1.32 | 1.18 |
| Balance Sheet | |||||||||||
| Total Assets | 5.73B | 5.86B | 5.90B | 5.31B | 5.37B | 5.44B | 5.92B | 6.34B | 6.20B | 6.08B | 6.41B |
| Total Liabilities | 2.76B | 2.55B | 2.69B | 2.44B | 2.39B | 2.00B | 2.39B | 2.74B | 2.79B | 2.33B | 2.40B |
| Shareholders' Equity | 2.98B | 3.32B | 3.22B | 2.87B | 2.98B | 3.44B | 3.53B | 3.60B | 3.41B | 3.74B | 4.02B |
| Cash & Short-term Investments | 371M | 494M | 405M | 524M | 462M | 375M | 234M | 291M | 358M | 1.01B | 458M |
| Total Debt | 2.33B | 1.38B | 1.55B | 1.08B | 1.01B | - | - | - | - | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 3.44M | 358M | -76.8M | 135M | 198M | -88.8M | 3.50M | 89.5M | -326M | 89.2M | -79.2M |
| Capital Expenditure | 159M | 64.4M | 269M | 190M | 92.2M | 256M | 266M | 295M | 60.0M | 67.6M | 52.9M |
| Free Cash Flow | - | 292M | -356M | -72.9M | 83.4M | -355M | -271M | -218M | -401M | 14.1M | -132M |
| Ratios | |||||||||||
| ROE | 0.6% | 11.1% | 7.3% | -7.4% | -2.0% | 12.6% | 2.4% | 3.0% | 2.1% | 10.8% | 9.0% |
| ROA | 0.3% | 6.3% | 4.0% | -4.0% | -1.1% | 8.0% | 1.4% | 1.7% | 1.1% | 6.7% | 5.6% |
| Net Profit Margin | 1.3% | 31.6% | 30.0% | -24.9% | -9.5% | 55.0% | 8.7% | 9.1% | 6.9% | 25.4% | 32.6% |
| Debt to Equity | 0.78x | 0.42x | 0.48x | 0.38x | 0.34x | - | - | - | - | - | - |
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.
- Total Debt
- Short and long-term borrowings.
- 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.
- Debt to Equity
- Total debt divided by shareholders' equity.
Mulpha International Bhd dividends
Mulpha International Bhd has not paid dividends in the last 9 fiscal years.
Last stock split: 1:10 on Jun 28, 2017.
Who owns Mulpha International Bhd
- Insiders 76.97%
- Institutions 13.45%
- Public & others 9.58%
- Shares outstanding 306M
- Free float 66.7M
Mulpha International Bhd company profile
- Company name
- Mulpha International Bhd
- Ticker
- 3905.KLSE
- ISIN
- MYL3905OO006
- Exchange
- Kuala Lumpur Exchange
- Sector
- Industrials
- Industry
- Industrial Conglomerates
- Employees
- 323
- Fiscal year end
- December
- Address
- The Office Club, Petaling Jaya, Malaysia, 47810
- Phone
- 60 3 7718 6288
- Website
- mulphagroup.com
About Mulpha International Bhd
Mulpha International Bhd, an investment holding company, invests in the real estate and hospitality sectors in Malaysia, Australia, and New Zealand. It operates through four segments: Property Development; Property Investment and Finance; Hospitality and Leisure; and Investment and Others. The company engages in property development and investment; real estate investment; licensed money lending; provision of financial services; ownership and operation of hotels and services; operation of food, beverage, and entertainment and events business; operation of winery and vineyard; and investment in securities, education, and others. It is also involved in the operation of resorts; car parks, marinas, and recreation club; trading of securities; car wash and childcare businesses; hotelier activities; hospitality operations; property ownership; and acts as a promotional and corporate merchandiser, trust and fund manager, bond issuer; and event operator. In addition, it provides management, maintenance, corporate, and facilities management services; asset management and financial services; and advisory services. The company was incorporated in 1974 and is headquartered in Petaling Jaya, Malaysia.
Mulpha International Bhd management
9- Mr. Seng Huang LeeNon-Independent Executive Chairman · born 1974
- Mr. Gavin Roy SuttonChief Financial Officer · born 1979
- Ms. Naomi L. McRae BSc, BSc LLM, LLB, LLMGeneral Manager of Legal, Governance & Compliance
- Mr. Shi Lin LeeGeneral Manager of Corporate Development
- Ms. Bobbi Tailor-JepsonExecutive General Manager of People & Culture
- Madam Say Kien LimChief of Staff · born 1969
- Mr. Andrew HallHead of Real Estate
- Mr. Marcus HannaHead of Hotels, Hospitality & Leisure
- Mr. Suan Choo LeeCompany Secretary