ES Ceramics Technology Bhd (XKLS:0100) Intrinsic Value: DCF (Dividends Based): RM (As of Jul. 29, 2026)

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XKLS:0100 ES Ceramics Technology Bhd XKLS:0100
61 GF Score
Price RM0.17
GF Value RM0.19
Valuation Modestly Undervalued
! 7 Warning Signs
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What is ES Ceramics Technology Bhd Intrinsic Value: DCF (Dividends Based)?

ES Ceramics Technology Bhd XKLS:0100 -2.94% 61 Intrinsic Value: DCF (Dividends Based) is RM as of Jul. 29, 2026. GuruFocus rates XKLS:0100 with a GF Score™ of 61/100 and a GF Value™ of RM0.19 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 218 Chemicals companies, ES Ceramics Technology Bhd ranks worse than 458715.14% on this metric.

As of today (2026-07-29), ES Ceramics Technology Bhd's intrinsic value calculated from the Discounted Dividend model is RM.

Note: Discounted Dividend model is only suitable for companies who have a consistant distribution history. If the company's dividends does not remain steady over a long period, results may not be accurate due to the low consistency. The model is also only suitable for predictable companies (Business Predictability Rank higher than 1-Star) with dividend payments. If the company's Predictability Rank is 1-Star or Not Rated, or if the company does not pay dividend, the data will not be stored into our database.

ES Ceramics Technology Bhd's Predictability Rank is 1-Star. Thus, this page is only used for demonstration purposes and the DCF related results in the screener and portfolio will appear as zero.

Margin of Safety % (DCF Dividends Based) using Discounted Dividend Model for ES Ceramics Technology Bhd is

The historical rank and industry rank for ES Ceramics Technology Bhd's Intrinsic Value: DCF (Dividends Based) or its related term are showing as below:

XKLS:0100's Price-to-DCF (Dividends Based) is not ranked *
in the Chemicals industry.
Industry Median: 1.31
* Ranked among companies with meaningful Price-to-DCF (Dividends Based) only.

ES Ceramics Technology Bhd  (XKLS:0100) Intrinsic Value: DCF (Dividends Based) Explanation

Unlike valuation methods such as Net Current Asset Value, Tangible Book per Share, Graham Number, Median PS Value etc, discounted Dividends model evaluates the companies based on their power of future dividend distribution instead of their assets.


Be Aware

What you need to know about Discounted Dividends model:

1. The Discounted Dividends model evaluates a company based on its future dividends distribution power
2. Dividend growth is taken into account; therefore a company with a higher dividend growth rate is worth more if everything else is the same.
3. Since we are projecting future growth, it is assumed that the company will grow at the same rate as it did during the past 10 years. Therefore this model works better for the companies with consistently steady dividends distributed.
4. The Discounted Dividends model works poorly for inconsistent dividends distributor like high growth companies.
5. Your expected return from the investment is a reasonable discount rate assumption.
6. A larger margin of safety should be required for companies with less dividends distributed.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) and Intrinsic Value: DCF (Dividends Based) with the GuruFocus All-in-One Screener. Companies with a high Predictability Rank that trade at a discount to their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings Based) can be found in the screen of Undervalued Predictable Companies.


ES Ceramics Technology Bhd Intrinsic Value: DCF (Dividends Based) Related Terms


ES Ceramics Technology Bhd Intrinsic Value: DCF (Dividends Based) Historical Data

* Premium members only.

The historical data trend for ES Ceramics Technology Bhd's Intrinsic Value: DCF (Dividends Based) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ES Ceramics Technology Bhd Intrinsic Value: DCF (Dividends Based) Chart

ES Ceramics Technology Bhd Annual Data
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Intrinsic Value: DCF (Dividends Based)
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ES Ceramics Technology Bhd Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Intrinsic Value: DCF (Dividends Based) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

XKLS:0100 vs LIN, SHW, ECL: Intrinsic Value: DCF (Dividends Based) Comparison

For the Specialty Chemicals subindustry, ES Ceramics Technology Bhd's Price-to-DCF (Dividends Based), along with its competitors' market caps and Price-to-DCF (Dividends Based) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ES Ceramics Technology Bhd Price-to-DCF (Dividends Based) vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, ES Ceramics Technology Bhd's Price-to-DCF (Dividends Based) distribution charts can be found below:

* The bar in red indicates where ES Ceramics Technology Bhd's Price-to-DCF (Dividends Based) falls into.


XKLS:0100
61GF Score
ES Ceramics Technology Bhd XKLS:0100
Intrinsic Value: DCF (Dividends Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ES Ceramics Technology Bhd Intrinsic Value: DCF (Dividends Based) Calculation

This is the intrinsic value calculated from the Discounted Dividend Model with default parameters. The calculation method is the same as Discounted Cash Flow model except adjusted dividend are used in the calculation instead of free cash flow. This is the default method of calculation with GuruFocus DCF calculator.

Usually a two-stage model is used in calculating the intrinsic value with discounted cash flow model. The first stage is called growth stage; the second is called the terminal stage. In the growth stage the company grows at a faster rate. Because it cannot grow at that rate forever, a lower rate is used for the terminal stage.

GuruFocus DDM calculator is a two-stage model. The default values are defined as:

1. Discount Rate: d = 11%
A reasonable discount rate assumption should be at least the long term average return of the stock market, which can be estimated from risk free rate plus risk premium of stock market. GuruFocus uses 10-Year Treasury Constant Maturity Rate as the risk-free rate and rounded up to the nearest integer. It is updated daily. The current risk-free rate is 4.63%. Please go to Economic Indicators page for more information. Please note that we use the 10-Year Treasury Constant Maturity Rate of the country/region where the company is headquartered. If the data for that country/region is not available, then we will use the 10-Year Treasury Constant Maturity Rate of the United States as default. Then we added a risk premium of 6% to get the estimated discount rate. Some investors use their expected rate of return, which is also reasonable. A typical discount rate can be anywhere between 6% - 20%.

2. Dividend Growth Rate in the growth stage: g1 = %
The Growth Rate in the growth stage is initially set as the default 10-Year Dividend Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year Dividend Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year Dividend Growth Rate.
However, it's important to note that there is a growth rate range. If the calculated growth rate exceeds 20%, it will be capped at 20%. Conversely, if the calculated growth rate falls below 5%, it will be adjusted to 5% to maintain a reasonable range.
=>

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Dividends per Share: adjusted dividends per share = RM.
GuruFocus uses adjusted dividends per share by default to ensure that the valuation reflects the total value of the company, as the actual dividend is only a portion of the total value.

All of the default settings can be changed in the DCF calculator and the results are calculated automatically.

ES Ceramics Technology Bhd's Intrinsic Value: DCF (Dividends Based) for today is calculated as:

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[(1+g1)/(1+d)+(1+g1)^2/(1+d)^2+...+(1+g1)^10/(1+d)^10]
+(1+g1)^10/(1+d)^10*[(1+g2)/(1+d)+(1+g2)^2/(1+d)^2+...+(1+g2)^10/(1+d)^10]}

set x = (1+g1)/(1+d) = (1+)/(1+0.11) =
and y = (1+g2)/(1+d) = (1+)/(1+0.11) =

Intrinsic Value: DCF (Dividends Based)=Dividends per Share*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=Dividends per Share*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=*
=

Margin of Safety % (DCF Dividends Based) = (Intrinsic Value: DCF (Dividends Based)-Current Price) /Intrinsic Value: DCF (Dividends Based)
= ( - 0.165) /

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Intrinsic Value: DCF (Dividends Based) of RM mean?
ES Ceramics Technology Bhd (XKLS:0100) has a Intrinsic Value: DCF (Dividends Based) of RM as of Jul. 29, 2026. Intrinsic Value: DCF (Dividends Based) is the stock value based on a two-stage discounted dividend model. View historical data on ES Ceramics Technology Bhd and its competitors. According to the industry distribution chart, ES Ceramics Technology Bhd ranks #999999 out of 218 companies in the Chemicals industry.
Is ES Ceramics Technology Bhd's Intrinsic Value: DCF (Dividends Based) too high?
ES Ceramics Technology Bhd's current Intrinsic Value: DCF (Dividends Based) is RM. Based on the distribution chart, ES Ceramics Technology Bhd ranks #999999 out of 218 companies in the Chemicals industry, which is in the bottom quartile relative to peers. Overall, ES Ceramics Technology Bhd has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ES Ceramics Technology Bhd's Intrinsic Value: DCF (Dividends Based) compare to LIN and SHW?
According to the Chemicals industry distribution chart, ES Ceramics Technology Bhd ranks #999999 out of 218 companies for Intrinsic Value: DCF (Dividends Based). This places ES Ceramics Technology Bhd in the lower half of its industry. The industry median Intrinsic Value: DCF (Dividends Based) is 1.31. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intrinsic Value: DCF (Dividends Based) for a Chemicals company?
The median Intrinsic Value: DCF (Dividends Based) among Chemicals companies is 1.31, based on 218 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (Dividends Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (Dividends Based) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intrinsic Value: DCF (Dividends Based) mean?
A high Intrinsic Value: DCF (Dividends Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (Dividends Based) is the stock value based on a two-stage discounted dividend model. View historical data on ES Ceramics Technology Bhd and its competitors. For the Chemicals industry, the median Intrinsic Value: DCF (Dividends Based) is 1.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ES Ceramics Technology Bhd's current Intrinsic Value: DCF (Dividends Based) is RM. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ES Ceramics Technology Bhd stock overvalued right now?
Based on GuruFocus' analysis, ES Ceramics Technology Bhd (XKLS:0100) is currently considered Modestly Undervalued. The stock's GF Value™ is RM0.19, compared to a current price of RM0.17 — trading 13.2% below its estimated fair value. The current Intrinsic Value: DCF (Dividends Based) is RM. ES Ceramics Technology Bhd's overall GF Score™ is 61/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (Dividends Based) calculated?
Intrinsic Value: DCF (Dividends Based) is calculated from a company's financial statements. For ES Ceramics Technology Bhd (XKLS:0100), the current Intrinsic Value: DCF (Dividends Based) is RM as of Jul. 29, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ES Ceramics Technology Bhd (XKLS:0100) Overvalued in 2026?

Based on GuruFocus' analysis, ES Ceramics Technology Bhd stock appears to be undervalued. The current stock price of RM0.17 is trading 13.2% below its estimated GF Value™ of RM0.19. GuruFocus considers ES Ceramics Technology Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:0100:

  • Intrinsic Value: DCF (Dividends Based): RM
  • GF Value™: RM0.19 vs. price of RM0.17 (13.2% below fair value)
  • GF Score™: 61/100 with 7 warning signs

No single metric tells the full story. See the XKLS:0100 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ES Ceramics Technology Bhd Business Description

Address Lot 207429, Jalan Seramik Chepor 11/5, Kawasan Perusahaan Seramik Chepor, Chemor, PRK, MYS, 31200
ES Ceramics Technology Bhd is an investment holding company. Through its holding, the company manufactures and distributes ceramic hand formers. Its product offerings include examination formers, surgical formers, household formers, and breathing bags and balloons. The formers are for continuous industrial use under heavy-duty conditions, to withstand the complex processes involving heat and chemicals to produce gloves. Geographically, it derives a majority of its revenue from Malaysia. Its segments include Investing, Glove equipment, and Construction, of which the Construction segment derives the maximum revenue. The Construction segment is engaged in the manufacturing and supply of chemical products and construction materials, including readymix concrete.
61GF Score

Get the complete analysis for XKLS:0100

Intrinsic Value: DCF (Dividends Based) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

RM0.17
Price
RM0.19
GF Value