In short
Malaysia Marine and Heavy Engineering Holdings Berhad (5186.KL) has revenue down 45.2% to MYR 2.0B and net income down 15.0% to MYR 102.9M year on year. Its net margin is 5.2% and gross margin 18.5%, and it trades at 3.5× trailing earnings. Fisclear flags 2 high-severity risks, led by: Revenue fell 45% year-over-year — a sharp decline that signals the business is contracting significantly. How we calculate this
Valuation
EnergyLive · Yahoo FinancePrice
RM0.34
RM544M
1.8x
52-Week Range
4-engine score — Quality and Peers engines require SEC EDGAR (US stocks only)
P/E 3.4× — low multiple.
PEG 0.33 — below growth rate.
⚠ Revenue declining 45% YoY.
Based on filing period ending Dec 2025
International FisclearScore uses 4 engines (no EDGAR data). Based on Yahoo Finance & Alpha Vantage reported financials. Not financial advice.
🇲🇾 Malaysia Macro Indicators
Full dashboard →Policy Rate
2.75%→
Moderate
CPI Inflation
1.80%→
Near target · +0.10% MoM
Unemployment
2.90%↓
Tight labour market
GDP Growth
6.00%↑
Strong
USD/MYR
4.08→
Current Account
1.61% GDP↑
Surplus
The Malaysia central bank policy rate stands at 2.75% — a moderately elevated rate environment; CPI inflation is 1.8% year-over-year (inflation near target); unemployment stands at 2.9% (tight labour market); GDP growth is 6.0% year-over-year (strong growth); USD/MYR is at 4.0812.
SWOT Analysis — 5186.KL
Inflationary BoomStrengths
Operating Cash Flow: MYR 172.7M (+39.1% YoY) — Operating cash flow grew 39% — the business generated more cash from day-to-day operations.
Weaknesses
Revenue: MYR 2.0B (-45.2% YoY) — Revenue fell 45% — the company generated less from its core operations.
Gross Profit: MYR 364.9M (-15.5% YoY) — Gross profit declined 15% — costs are growing faster than revenue.
Net Income: MYR 102.9M (-15.0% YoY) — Profit fell 15% but remained positive.
EPS (Diluted): MYR 0.06 (-14.9% YoY) — Earnings per share fell 15%.
Price-to-book ratio of 0.35x — stock trades below book value, which may indicate market concerns about asset quality or profitability.
Opportunities
No clear opportunities identified at this time.
Threats
Revenue fell 45% year-over-year — a sharp decline that signals the business is contracting significantly.
Current ratio of 0.85x — short-term liabilities exceed current assets, which could create near-term liquidity pressure.
Year-over-Year Changes
Revenue
MYR 2.0B
was MYR 3.6B
Revenue fell 45% — the company generated less from its core operations.
Operating Cash Flow
MYR 172.7M
was MYR 124.1M
Operating cash flow grew 39% — the business generated more cash from day-to-day operations.
Gross Profit
MYR 364.9M
was MYR 431.8M
Gross profit declined 15% — costs are growing faster than revenue.
Net Income
MYR 102.9M
was MYR 121.0M
Profit fell 15% but remained positive.
EPS (Diluted)
MYR 0.06
was MYR 0.08
Earnings per share fell 15%.
Risk Flags
2 high · 0 medium · 1 low- ⚠ High
Revenue fell 45% year-over-year — a sharp decline that signals the business is contracting significantly.
- ⚠ High
Current ratio of 0.85x — short-term liabilities exceed current assets, which could create near-term liquidity pressure.
- ○ Low
Price-to-book ratio of 0.35x — stock trades below book value, which may indicate market concerns about asset quality or profitability.
Technical Signals
Daily closes · 1-year dataMalaysia Marine and Heavy Engineering Holdings Berhad: common questions
Is Malaysia Marine and Heavy Engineering Holdings Berhad profitable?
Yes. Malaysia Marine and Heavy Engineering Holdings Berhad made a net profit of RM103M in its latest fiscal year (fiscal 2025), a net margin of 5.2%.
Is Malaysia Marine and Heavy Engineering Holdings Berhad's revenue growing?
No. Revenue fell 45.2% year on year, to MYR 2.0B.
What is Malaysia Marine and Heavy Engineering Holdings Berhad's P/E ratio?
Malaysia Marine and Heavy Engineering Holdings Berhad trades at 3.4× its trailing twelve-month earnings. In other words, the share price is about 3 times the profit per share the company earned over the past year.
Does Malaysia Marine and Heavy Engineering Holdings Berhad pay a dividend?
No dividend is currently expected from Malaysia Marine and Heavy Engineering Holdings Berhad, according to the latest market data.
What are the main risks for Malaysia Marine and Heavy Engineering Holdings Berhad?
Fisclear's checks flag 2 medium- or high-severity risks. The most serious: Revenue fell 45% year-over-year — a sharp decline that signals the business is contracting significantly.
Answers are generated from the figures in this report (updated 13 Oct 2026). Information, not investment advice.
Latest News
via FinnhubGet the weekly digest
5 company reports + macro context every week, free. No spam.
- Unlimited goal simulations
- 5 free company report summaries per day
- Weekly financial insights newsletter
External Links
Research Malaysia Marine and Heavy Engineering Holdings Berhad
Data sourced from Bursa Malaysia, FRED (Federal Reserve), OECD, BIS, and Yahoo Finance. For informational purposes only. Not financial advice.