Megan Holdings Limited Class A Ordinary Shares (MGN)

FairStock Score: 62/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

Looking at Megan Holdings, I see a Malaysian aquaculture and agriculture construction and maintenance outfit with only four employees and no filed annual results yet. That alone tells me the business is tiny and dependent on a few contracts or assets. The FairStock figures show return on equity of 2.12% and return on capital employed of only 0.47%. Those are not the numbers of a high-quality compounder; they suggest capital is barely working. Debt is low, with D/E 0.08, which is a Graham comfort, but Altman Z-score 1.23 and Piotroski 3/9 point to financial fragility and weak accounting momentum. The moat, if any, is local relationships and specialized aquaculture and agriculture know-how, but with four employees and no filed growth history I cannot underwrite durable pricing power.

In plain English: Megan Holdings is a small Malaysian company that builds, maintains and upgrades fish farms and agriculture facilities, and sells industrial technology. It has only four employees, and its returns on the money it uses look weak. The stock price looks very cheap compared with the company’s stated profit and net asset value, but with no filed annual results yet and a wild price range, it is hard to tell if that cheapness is real or a warning.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer