Malaysia Marine and Heavy Engineering Holdings Berhad Stocks

MYR 0.42Last Updated 29.04.2026

Issuer Rating

3/7
Performance

Average

Risk

Considerable

Recommendation

Sell

Market Cap

MYR 166.07M

Review
Evaluation
Target price
Dynamics
Performance
Growth
Dividends
Risks
MYR 0.42
Key Takeaways

Risk factor

Very poor trading liquidity

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Data is available to registered users only

Profitability factor

Undervalued vs peers

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Risks

  • Default risk
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  • Volatility
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  • Selling difficulty
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  • Stress test
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  • Country risks
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  • Other risks
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About

Malaysia Marine and Heavy Engineering Holdings Berhad, an investment holding company, provides marine and heavy engineering solutions for offshore and onshore facilities, and vessels in Malaysia. It operates through Heavy Engineering, Marine, and Plant Turnaround & Shutdown Maintenance segments. The company offers fabrication services for offshore and onshore facilities, which include deepwater facilities, fixed platforms, process modules, wind farms, and other services. It also provides drydocking repair, refurbishment and upgrading, afloat repair, conversion, modification, life extension, retrofitting, and other typical shipyard works for merchant vessels, such as liquefied natural gas carriers, very large crude carriers, products and chemical tankers, bulkers, container vessels, and general cargoes vessels, as well as floaters, including floating production storage and offloading, floating storage and offloading, floating storage regasification units, floating storage units, and mobile offshore production units. In addition, the company offers remote maintenance for liquefied natural gas floaters at offshore locations comprising cargo tank integrity tests, inspections, and maintenance; and jumboisation, modification and lengthening, conversion and jack-up/semi-submersible rigs repairs, and conversion solutions. Further, it provides range of mechanical maintenance and minor engineering, procurement, fabrication, and installation services for the onshore oil and gas industry. The company was formerly known as MSE Holdings Berhad and changed its name to Malaysia Marine and Heavy Engineering Holdings Berhad in June 2010. The company was incorporated in 1989 and is based in Kuala Lumpur, Malaysia. Malaysia Marine and Heavy Engineering Holdings Berhad is a subsidiary of MISC Berhad.

Company Valuation

Undervalued
6/7

Based on key historical and expected multiples, the stock is undervalued relative to its peers. Specifically, the stock is 'cheap' on P/E, undervalued on EV/EBITDA, overp

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Target Price

Somewhat favourable
5/7

The average target price of 5186.KL is 0.60 and suggests 45% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to inc

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Risks

  • Default risk
    Data is available to registered users only
  • Volatility
    Data is available to registered users only
  • Selling difficulty
    Data is available to registered users only
  • Stress test
    Data is available to registered users only
  • Country risks
    Data is available to registered users only
  • Other risks
    Data is available to registered users only
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