Apollo Food Holdings Bhd (XKLS:6432) Intrinsic Value: DCF (Earnings Based): RM6.42 (As of Sep. 22, 2026)

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XKLS:6432 Apollo Food Holdings Bhd XKLS:6432
88 GF Score
Price RM5.70
GF Value RM6.76
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Apollo Food Holdings Bhd Intrinsic Value: DCF (Earnings Based)?

Apollo Food Holdings Bhd XKLS:6432 +0.71% 88 Intrinsic Value: DCF (Earnings Based) is RM6.42 as of Sep. 22, 2026. GuruFocus rates XKLS:6432 with a GF Score™ of 88/100 and a GF Value™ of RM6.76 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 271 Consumer Packaged Goods companies, Apollo Food Holdings Bhd ranks worse than 369003.32% on this metric.

As of today (2026-09-22), Apollo Food Holdings Bhd's intrinsic value calculated from the Discounted Earnings model is RM6.42.

Note: Discounted Earnings model is only suitable for predictable companies (Business Predictability Rank higher than 1-Star). If the company's predictability rank is 1-Star or Not Rated, result may not be accurate due to the low predictability of business and the data will not be stored into our database.

Apollo Food Holdings 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 (Earnings Based) using Discounted Earnings model for Apollo Food Holdings Bhd is 11.21%.

The historical rank and industry rank for Apollo Food Holdings Bhd's Intrinsic Value: DCF (Earnings Based) or its related term are showing as below:

During the past 13 years, the highest Price-to-Intrinsic-Value-DCF (Earnings Based) Ratio of Apollo Food Holdings Bhd was 1.77. The lowest was 1.08. And the median was 1.57.

XKLS:6432's Price-to-DCF (Earnings Based) is not ranked *
in the Consumer Packaged Goods industry.
Industry Median: 0.89
* Ranked among companies with meaningful Price-to-DCF (Earnings Based) only.

Apollo Food Holdings Bhd  (XKLS:6432) Intrinsic Value: DCF (Earnings Based) Explanation

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


Be Aware

What you need to know about Discounted Earnings model:

1. The Discounted Earnings model evaluates a company based on its future earnings power
2. Growth is taken into account; therefore a faster growth company 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 that are relatively consistent performers.
4. The Discounted Earnings model works poorly for inconsistent performers like cyclicals.
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 predictable businesses.

You can screen for stocks that trade below their Intrinsic Value: DCF (FCF Based) and Intrinsic Value: DCF (Earnings 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.


Apollo Food Holdings Bhd Intrinsic Value: DCF (Earnings Based) Related Terms


Apollo Food Holdings Bhd Intrinsic Value: DCF (Earnings Based) Historical Data

* Premium members only.

The historical data trend for Apollo Food Holdings Bhd's Intrinsic Value: DCF (Earnings 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.

Apollo Food Holdings Bhd Intrinsic Value: DCF (Earnings Based) Chart

Apollo Food Holdings Bhd Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Intrinsic Value: DCF (Earnings Based)
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Apollo Food Holdings Bhd Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Intrinsic Value: DCF (Earnings 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 - - - - -

XKLS:6432 vs MDLZ, HSY, TR: Intrinsic Value: DCF (Earnings Based) Comparison

For the Confectioners subindustry, Apollo Food Holdings Bhd's Price-to-DCF (Earnings Based), along with its competitors' market caps and Price-to-DCF (Earnings 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.


Apollo Food Holdings Bhd Price-to-DCF (Earnings Based) vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Apollo Food Holdings Bhd's Price-to-DCF (Earnings Based) distribution charts can be found below:

* The bar in red indicates where Apollo Food Holdings Bhd's Price-to-DCF (Earnings Based) falls into.


XKLS:6432
88GF Score
Apollo Food Holdings Bhd XKLS:6432
Intrinsic Value: DCF (Earnings Based) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Apollo Food Holdings Bhd Intrinsic Value: DCF (Earnings Based) Calculation

This is the intrinsic value calculated from the Discounted Earnings model with default parameters. The calculation method is the same as Discounted Cash Flow model except earnings 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 DCF 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 4.95%. 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. Growth Rate in the growth stage: g1 = 8.90%
The Growth Rate in the growth stage is initially set as the default 10-Year EPS without NRI Growth Rate. In cases where the 10-year growth rate is unavailable, it defaults to using the 5-Year EPS without NRI Growth Rate. If both the 10-year and 5-year growth rates are unavailable, the system defaults to the 3-Year EPS without NRI 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.
=> Apollo Food Holdings Bhd's average EPS without NRI Growth Rate in the past 10 years was 8.90%, which is between 5% and 20%. => GuruFocus defaults => Growth Rate: 8.90%

3. Years of Growth Stage: y1 = 10

4. Terminal Growth Rate: g2 = 4%

5. Years of Terminal Growth: y2 = 10

6. EPS without NRI: eps without nri = RM0.431.
GuruFocus DCF calculator is actually a Discounted Earnings calculator, EPS without NRI is used as the default. The reason we are doing this is we found that historically stock prices are more correlated with earnings than free cash flow.

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

Apollo Food Holdings Bhd's Intrinsic Value: DCF (Earnings Based) for today is calculated as:

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[(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+0.089)/(1+0.11) = 0.98108108108108
and y = (1+g2)/(1+d) = (1+0.04)/(1+0.11) = 0.93693693693694

Intrinsic Value: DCF (Earnings Based)=EPS without NRI*{[x+x^2+...+x^10]+x^10*[y+y^2+...+y^10]}
=EPS without NRI*[x*(1-x^10)/(1-x)+x^10*y*(1-y^10)/(1-y)]
=0.431*14.8916
=6.42

Margin of Safety % (DCF Earnings Based)=(Intrinsic Value: DCF (Earnings Based)-Current Price)/Intrinsic Value: DCF (Earnings Based)
=(6.42-5.70)/6.42
=11.21 %

* 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 (Earnings Based) of RM6.42 mean?
Apollo Food Holdings Bhd (XKLS:6432) has a Intrinsic Value: DCF (Earnings Based) of RM6.42 as of Sep. 22, 2026. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on Apollo Food Holdings Bhd and its competitors. According to the industry distribution chart, Apollo Food Holdings Bhd ranks #999999 out of 271 companies in the Consumer Packaged Goods industry.
Is Apollo Food Holdings Bhd's Intrinsic Value: DCF (Earnings Based) too high?
Apollo Food Holdings Bhd's current Intrinsic Value: DCF (Earnings Based) is RM6.42. Based on the distribution chart, Apollo Food Holdings Bhd ranks #999999 out of 271 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Apollo Food Holdings Bhd has a GF Score™ of 88/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Apollo Food Holdings Bhd's Intrinsic Value: DCF (Earnings Based) compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Apollo Food Holdings Bhd ranks #999999 out of 271 companies for Intrinsic Value: DCF (Earnings Based). This places Apollo Food Holdings Bhd in the lower half of its industry. The industry median Intrinsic Value: DCF (Earnings Based) is 0.89. 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 (Earnings Based) for a Consumer Packaged Goods company?
The median Intrinsic Value: DCF (Earnings Based) among Consumer Packaged Goods companies is 0.89, based on 271 companies in the industry. Companies in the top quartile (top 25%) have a Intrinsic Value: DCF (Earnings Based) significantly above this median, while those in the bottom quartile fall well below. However, Intrinsic Value: DCF (Earnings 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 (Earnings Based) mean?
A high Intrinsic Value: DCF (Earnings Based) can signal that a stock is expensive relative to its fundamentals. Intrinsic Value: DCF (Earnings Based) is the stock value based on a two-stage discounted earnings model. View historical data on Apollo Food Holdings Bhd and its competitors. For the Consumer Packaged Goods industry, the median Intrinsic Value: DCF (Earnings Based) is 0.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apollo Food Holdings Bhd's current Intrinsic Value: DCF (Earnings Based) is RM6.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apollo Food Holdings Bhd stock overvalued right now?
Based on GuruFocus' analysis, Apollo Food Holdings Bhd (XKLS:6432) is currently considered Modestly Undervalued. The stock's GF Value™ is RM6.76, compared to a current price of RM5.70 — trading 15.7% below its estimated fair value. The current Intrinsic Value: DCF (Earnings Based) is RM6.42. Apollo Food Holdings Bhd's overall GF Score™ is 88/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intrinsic Value: DCF (Earnings Based) calculated?
Intrinsic Value: DCF (Earnings Based) is calculated from a company's financial statements. For Apollo Food Holdings Bhd (XKLS:6432), the current Intrinsic Value: DCF (Earnings Based) is RM6.42 as of Sep. 22, 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 Apollo Food Holdings Bhd (XKLS:6432) Overvalued in 2026?

Based on GuruFocus' analysis, Apollo Food Holdings Bhd stock appears to be undervalued. The current stock price of RM5.70 is trading 15.7% below its estimated GF Value™ of RM6.76. GuruFocus considers Apollo Food Holdings Bhd to be Modestly Undervalued.

Key valuation signals for XKLS:6432:

  • Intrinsic Value: DCF (Earnings Based): RM6.42
  • GF Value™: RM6.76 vs. price of RM5.70 (15.7% below fair value)
  • GF Score™: 88/100 with 3 warning signs

No single metric tells the full story. See the XKLS:6432 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apollo Food Holdings Bhd Business Description

Address No. 70, Jalan Langkasuka, Larkin Industrial Area, Johor Bahru, JHR, MYS, 80350
Apollo Food Holdings Bhd is engaged in investment holding and the provision of management services. It is involved in the manufacturing of compound chocolate confectionery products and layer cakes. The company's operating segment includes Investment holding and Manufacturing, marketing and distribution of compound chocolates, chocolate confectionery products, and cakes. It generates maximum revenue from the Manufacturing, marketing and distribution segment. Geographically, it derives a majority of revenue from Malaysia and also has a presence in ASEAN (excluding Malaysia).
88GF Score

Get the complete analysis for XKLS:6432

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

RM5.70
Price
RM6.76
GF Value