6912.KLSE Pasdec Holdings Bhd
- Market cap
- MYR 118M
- P/E
- 2.0x
- P/B
- 0.28x
- ROE
- 26.3%
- Dividend yield
- 4.41%
- Fundamental score
- 3.6/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is 6912.KLSE undervalued?
Graham numberThe Graham number of Pasdec Holdings 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?
Pasdec Holdings Bhd fundamental analysis
17 of 22 checks passedROE 2/2
High return on equity (26.3%), above 20%.
ROA 1/1
Return on assets (24.4%) is above the industry median (1.4%).
Profit Consistency 1/2
Profitable for 3 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 1/1
Last year's EPS growth (16.8%) is above the 5-year average (-30.5% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (16.8%) is above the industry median (3.6%).
Revenue Growth 2/2
Revenue grew 14.8% 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 (1.2%), 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 1/1
EBIT is 481.1x against interest expense, well covered.
PE vs Market 1/1
PE (2.0x) is below the market median (11.4x).
PE vs Industry 1/1
PE (2.0x) 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 = 0.6, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 1/2
Dividend yield (4.4%) 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 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 63.0%, 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 Pasdec Holdings Bhd
Pasdec Holdings Berhad, an investment holding company, engages in property development business in Malaysia. It operates through four segments, Investment holding, Property Development, Construction, and Others. The company also constructs residential and commercial properties; and provides project management, property management, and building and civil construction services. Pasdec Holdings Berhad was incorporated in 1995 and is based in Kuantan, Malaysia.
Full company profilePasdec Holdings 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.
Pasdec Holdings 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 | 123M | 112M | 57.2M | 31.7M | 45.0M | 39.7M | 21.7M | 36.4M | 29.5M | 32.9M | 163M |
| Gross Profit | 31.3M | 46.7M | 20.8M | 14.0M | 18.6M | 9.61M | 8.98M | 17.0M | 18.8M | 21.5M | 151M |
| Operating Income | -12.4M | 15.8M | -1.57M | -9.79M | 80.4M | 450K | -1.21M | 6.96M | 8.29M | 8.86M | 147M |
| EBITDA | - | 22.2M | 3.60M | -5.08M | 82.5M | 2.18M | 4.16M | 11.9M | 12.2M | 14.0M | 145M |
| Net Income | -22.8M | 5.88M | -19.9M | -27.5M | 50.9M | -2.85M | -15.8M | 7.34M | 7.07M | 8.26M | 111M |
| EPS | -0.11 | 0.01 | -0.05 | -0.07 | 0.13 | -0.01 | -0.04 | 0.02 | 0.02 | 0.02 | 0.28 |
| Balance Sheet | |||||||||||
| Total Assets | 498M | 577M | 549M | 505M | 436M | 417M | 391M | 377M | 398M | 407M | 453M |
| Total Liabilities | 222M | 249M | 201M | 179M | 64.2M | 48.6M | 38.7M | 16.5M | 34.8M | 41.9M | 32.3M |
| Shareholders' Equity | 276M | 328M | 348M | 326M | 372M | 368M | 353M | 360M | 364M | 365M | 421M |
| Cash & Short-term Investments | 28.3M | 17.5M | 29.5M | 18.2M | 16.9M | 19.7M | 20.1M | 19.1M | 21.7M | 21.5M | 58.8M |
| Total Debt | 67.3M | 87.5M | 55.1M | 14.7M | 15.2M | - | - | - | - | - | - |
| Cash Flow | |||||||||||
| Operating Cash Flow | -9.12M | 7.47M | -8.09M | -8.70M | 21.2M | 19.4M | 10.8M | -6.46M | -1.77M | -48.5K | - |
| Capital Expenditure | 12.7M | 6.19M | 4.43M | 6.78M | 6.33M | 5.57M | 55.0K | 180.00 | 19.2K | 137K | 0.00 |
| Free Cash Flow | - | 1.12M | -12.5M | -15.5M | 14.9M | 13.8M | 10.9M | -6.46M | -1.79M | -185K | 90.8M |
| Ratios | |||||||||||
| ROE | -8.2% | 1.8% | -5.7% | -8.4% | 13.7% | -0.8% | -4.5% | 2.0% | 1.9% | 2.3% | 26.3% |
| ROA | -4.6% | 1.0% | -3.6% | -5.5% | 11.7% | -0.7% | -4.0% | 1.9% | 1.8% | 2.0% | 24.4% |
| Net Profit Margin | -18.5% | 5.2% | -34.8% | -86.8% | 113.2% | -7.2% | -72.5% | 20.2% | 24.0% | 25.1% | 67.8% |
| Debt to Equity | 0.24x | 0.27x | 0.16x | 0.05x | 0.04x | - | - | - | - | - | - |
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.
Pasdec Holdings Bhd dividends
- Dividend yield
- 4.41%
- Forward dividend
- 0.02 MYR
- Payout ratio
- 63.0%
- Ex-dividend date
- Aug 6, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | MYR 5.20M | 0.01 | 63.0% |
| 2024 | MYR 4.00M | 0.01 | 56.6% |
| 2023 | - | - | - |
| 2022 | - | - | - |
| 2021 | - | - | - |
| 2020 | - | - | - |
| 2019 | - | - | - |
| 2018 | - | - | - |
| 2017 | - | - | - |
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: 21:20 on May 14, 2018.
Who owns Pasdec Holdings Bhd
- Insiders 90.63%
- Institutions 0.00%
- Public & others 9.37%
- Shares outstanding 400M
- Free float 39.1M
Pasdec Holdings Bhd company profile
- Company name
- Pasdec Holdings Bhd
- Ticker
- 6912.KLSE
- ISIN
- MYL6912OO009
- Exchange
- Kuala Lumpur Exchange
- Sector
- Real Estate
- Industry
- Real Estate Management & Development
- Employees
- 50
- Fiscal year end
- December
- Address
- Menara Zenith, Kuantan, Malaysia, 25200
- Phone
- 60 9 513 3888
- Website
- pasdec.com.my
About Pasdec Holdings Bhd
Pasdec Holdings Berhad, an investment holding company, engages in property development business in Malaysia. It operates through four segments, Investment holding, Property Development, Construction, and Others. The company also constructs residential and commercial properties; and provides project management, property management, and building and civil construction services. Pasdec Holdings Berhad was incorporated in 1995 and is based in Kuantan, Malaysia.
Pasdec Holdings Bhd management
4- Mr. Kim Thin TewExecutive Deputy Chairman · born 1958
- Mr. Kim Kiat TewExecutive Director · born 1962
- Ms. Ros Maliya binti MamatFinancial Controller · born 1971
- Ms. Shakerah EnayetaliCOO & Group Company Secretary · born 1973