Risk factor
Very high price volatility
Profitability factor
Undervalued vs peers
About
AIMAX Berhad is an investment holding company founded in Petaling Jaya, Malaysia, in 2001 that conducts a diverse range of business operations primarily across Malaysia. The company's activities span several key segments, including healthcare, financial services, gloves, search and advertising, and various other ventures. Within its healthcare division, it delivers medical diagnostic, research, and genetic testing services, alongside the wholesale and retail of pharmaceutical, medical, and orthopedic products. Its financial services arm is involved in money lending. The group also engages in the manufacturing and global trade of rubber gloves. In the search and advertising sector, it creates online presence and advertising solutions, operates search platforms, publishes business directories, and provides content development and database marketing. Furthermore, AIMAX's additional undertakings encompass software development, training, property investment, the construction and management of tank farm facilities for feedstock storage and associated logistics, and the production and trading of nitrile butadiene latex. Formerly known as MSCM Holdings Berhad and then Hong Seng Consolidated Berhad, the company adopted its current name in June 2026.
Company Valuation
Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is undervalued on EV/EBITDA.