4251.KLSE I-Berhad
- Market cap
- MYR 353M
- P/E
- 6.3x
- P/B
- 0.29x
- ROE
- 3.3%
- Dividend yield
- 2.53%
- Fundamental score
- 3.8/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is 4251.KLSE undervalued?
Graham numberThe Graham number of I-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?
I-Berhad fundamental analysis
18 of 22 checks passedROE 0/2
Low return on equity (3.3%), below 10%.
ROA 1/1
Return on assets (2.3%) 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 (91.0%) is above the 5-year average (82.3% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (91.0%) is above the industry median (3.6%).
Revenue Growth 2/2
Revenue grew 39.2% 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 (18.0%), 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 4.6x against interest expense, below 5x.
PE vs Market 1/1
PE (6.3x) is below the market median (11.4x).
PE vs Industry 1/1
PE (6.3x) is below the industry median (8.4x).
PBV 1/1
Price to book (0.3x) is below the industry median (0.4x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 1.8, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.08, growth is cheap.
Dividend Yield 1/2
Dividend yield (2.5%) is above 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 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 16.0%, 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 I-Berhad
I-Berhad, an investment holding company, engages in the property investment and development activities in Malaysia. It operates through Property Development, Property Investment, Leisure and Hospitality, and Other segments. The company develops and sells residential and commercial properties; invests in and holds properties; and promotes, markets, and manages events, leisure, hotel, and other tourism related activities. It also contracts for construction works; owns land and…
Full company profileI-Berhad 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.
I-Berhad 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 | 384M | 455M | 375M | 172M | 80.1M | 80.2M | 120M | 176M | 222M | 323M | 185M |
| Gross Profit | 125M | 140M | 129M | 104M | 23.9M | 36.5M | 66.0M | 94.5M | 117M | 139M | 108M |
| Operating Income | 89.5M | 92.8M | 79.7M | 62.3M | -11.0M | -11.9M | 20.2M | 15.8M | 37.4M | 80.8M | 108M |
| EBITDA | - | 120M | 93.9M | 59.6M | 11.5M | 20.7M | 48.9M | 43.5M | 70.7M | 105M | 69.3M |
| Net Income | 66.6M | 61.7M | 58.7M | 58.2M | 1.67M | 369K | 27.2M | 12.0M | 29.2M | 55.7M | 44.1M |
| EPS | 0.07 | 0.06 | 0.06 | 0.05 | 0.00 | 0.00 | 0.01 | 0.01 | 0.02 | 0.03 | 0.02 |
| Balance Sheet | |||||||||||
| Total Assets | 1.37B | 1.53B | 1.68B | 1.92B | 1.93B | 1.91B | 1.92B | 1.83B | 1.88B | 1.95B | 1.91B |
| Total Liabilities | 510M | 590M | 704M | 741M | 788M | 765M | 750M | 654M | 628M | 615M | 563M |
| Shareholders' Equity | 856M | 938M | 979M | 1.18B | 1.14B | 1.14B | 1.17B | 1.18B | 1.25B | 1.33B | 1.35B |
| Cash & Short-term Investments | 174M | 171M | 18.8M | 139M | 61.5M | 22.7M | 18.8M | 25.4M | 26.9M | 57.3M | 9.23M |
| Total Debt | 194M | 194M | 433K | 252M | 243M | - | - | - | - | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | 163M | 146M | 26.9M | 19.1M | -22.5M | -7.21M | 29.9M | 24.1M | 55.0M | 42.5M | -37.1M |
| Capital Expenditure | 6.72M | 22.3M | 36.3M | 57.5M | 33.2M | 38.5M | 20.7M | 12.9M | 22.5M | 19.5M | 3.95M |
| Free Cash Flow | - | 122M | -17.3M | -38.4M | -55.8M | -45.7M | -4.72M | 11.2M | 32.6M | 23.0M | -41.1M |
| Ratios | |||||||||||
| ROE | 7.8% | 6.6% | 6.0% | 4.9% | 0.1% | 0.0% | 2.3% | 1.0% | 2.3% | 4.2% | 3.3% |
| ROA | 4.9% | 4.0% | 3.5% | 3.0% | 0.1% | 0.0% | 1.4% | 0.7% | 1.6% | 2.9% | 2.3% |
| Net Profit Margin | 17.4% | 13.6% | 15.6% | 33.8% | 2.1% | 0.5% | 22.8% | 6.8% | 13.1% | 17.3% | 23.9% |
| Debt to Equity | 0.23x | 0.21x | 0.00x | 0.21x | 0.21x | - | - | - | - | - | - |
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.
I-Berhad dividends
- Dividend yield
- 2.53%
- Forward dividend
- 0.01 MYR
- Payout ratio
- 16.0%
- Ex-dividend date
- Aug 28, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | MYR 8.92M | 0.00 | 16.0% |
| 2024 | MYR 3.71M | 0.00 | 12.7% |
| 2023 | MYR 3.71M | 0.00 | 31.0% |
| 2022 | MYR 20.5M | 0.01 | 75.4% |
| 2021 | MYR 20.5M | 0.02 | 5,564.2% |
| 2020 | MYR 7.81M | 0.01 | 469.3% |
| 2019 | MYR 17.8M | 0.02 | 30.5% |
| 2018 | MYR 21.5M | 0.02 | 36.6% |
| 2017 | MYR 18.9M | 0.02 | 30.7% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 6:5 on Oct 10, 2014.
Who owns I-Berhad
- Insiders 84.25%
- Institutions 0.00%
- Public & others 15.75%
- Shares outstanding 1.86B
- Free float 297M
I-Berhad company profile
- Company name
- I-Berhad
- Ticker
- 4251.KLSE
- ISIN
- MYL4251OO004
- Exchange
- Kuala Lumpur Exchange
- Sector
- Real Estate
- Industry
- Real Estate Management & Development
- Employees
- 400
- Fiscal year end
- December
- Address
- Mercu Maybank, Shah Alam, Malaysia, 40000
- Phone
- 60 3 5521 8800
- Website
- i-bhd.com
About I-Berhad
I-Berhad, an investment holding company, engages in the property investment and development activities in Malaysia. It operates through Property Development, Property Investment, Leisure and Hospitality, and Other segments. The company develops and sells residential and commercial properties; invests in and holds properties; and promotes, markets, and manages events, leisure, hotel, and other tourism related activities. It also contracts for construction works; owns land and property; provides managed network, telephony, and advisory services; and develops and manages i-City, Shah Alam as a MSC Malaysia Cybercentre. In addition, the company is involved in the money lending and property management activities; retails wireless technology, and information and communication technology products; operates as a travel agent, advertising agent, advertiser, and advertising contractor; and operates co-working space, event venue, and related services, as well as café, coffee house, and food and beverages retail outlet. Further, it provides AI-enabled development services; recurring income and infrastructure; leisure and hospitality; and AI city platform services. The company was formerly known as Sanyo Industries (Malaysia) Sdn Bhd and changed its name to I-Berhad in 1999. I-Berhad was incorporated in 1967 and is based in Shah Alam, Malaysia. I-Berhad is a subsidiary of Sumurwang Sdn Bhd.
I-Berhad management
6- Ms. Siew Thuan TeyCEO & Executive Director · born 1954
- Ms. Khai Fen OonHead of Business Strategy & Investment · born 1987
- Ms. Soke Cheng TangHead of Hospitality & Leisure · born 1978
- Mr. Kok Chin TangHead of Corporate Planning · born 1979
- Mr. Kok Leong LaiHead of Property · born 1968
- Nurul Eryna Binti SaibulCompany Secretary