ARB IOT Group Limited

AI-generated fair value estimate for this company.

Method: Net asset value: full net cash of $13.80 per share plus a 50% haircut on the remaining non-cash book value of $10.54 per share ($24.34 total book value per share minus $13.80 net cash per share) = $13.80 + $5.27 = $19.07 per share; 1.77M shares outstanding.

Reasoning: ARB IOT Group is unprofitable at the operating level and reports in Malaysian ringgit with volatile earnings, making a cash-flow DCF unreliable, but it holds $24.36M of net cash against only a $7.90M market cap (a classic statistical net-cash/net-asset situation); valuing the cash fully and haircutting the remaining non-cash assets for illiquidity, foreign-issuer, and unprofitable-operations risk is the more rigorous and defensible method here.