Risk factor
Modest price volatility
Profitability factor
Solid dividends
About
Malaysia Building Society Berhad, an investment holding company, provides banking and related financial services in Malaysia. The company operates through four segments: Consumer Banking, Corporate Banking, Global Market, and Others. It offers savings and current accounts, and demand and term deposits; personal, property, contract, corporate, commercial property, business, trade, equipment, cross-border, and wholesale financing; debit cards; fund transfer and self-service baking services; and wealth management, advisory, syndication, protection, investment, safe deposit, e-wallet, and estate management services. The company also provides treasury services, including money market, sukuk, and derivatives, as well as capital market securities trading services. In addition, it is involved in the property development; real estate property leasing; and trading activities, as well as provision of Islamic banking and related financial services. The company was founded in 1950 and is based in Petaling Jaya, Malaysia. Malaysia Building Society Berhad is a subsidiary of Citigroup Nominees (Tempatan) Sdn Bhd.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E. Editor's note:
Target Price
The average target price of 1171.KL is 0.72 and suggests 6% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendatio
