Subscribe

Fraser & Neave Holdings Bhd (3689.KL)

MYR29.10 -0.18 (-0.61%)
MY KLS Consumer Defensive Beverages - Non-Alcoholic
Address No. 1, Jalan Bukit Belimbing 26/38 40400
Shah Alam, MY
CEO Yew Hoe Lim
Website fn.com.my
IPO 2000-01-03
ISIN MYL3689OO006

Explore sections of this company profile

Description

Fraser & Neave Holdings Bhd functions as an investment entity with core activities focused on manufacturing and distributing a diverse array of soft drinks, dairy products, and various food items. Its commercial footprint spans across Southeast Asia, the Middle East, Africa, China, and other international regions. The company manages its operations through distinct segments, namely Food & Beverages Malaysia, Food & Beverages Thailand, Property, and an 'Others' division. Its extensive product line encompasses numerous dairy options, including sweetened condensed, evaporated, liquid, pasteurized, UHT, canned, flavored, and sterilized milk, alongside a range of juice products, isotonic and carbonated beverages, teas, and different types of water such as mineral, sparkling, and drinking water. Prominent beverage brands in its portfolio include 100PLUS, F&N Fun Flavours, F&N SEASONS, F&N ICE MOUNTAIN, BORNEO, OYOSHI, est Cola, and Ranger. Dairy offerings are marketed under names like F&N, TEAPOT, Gold Coin, Carnation, Ideal, Cap Junjung, F&N Magnolia, FARMHOUSE, F&N Fruit Tree Fresh, Sunkist, and Bear. The company also offers ketupat and sauces through its NONA brand. Beyond production, the firm is involved in distributing its soft drink and dairy lines, renting out dispensers, providing management services encompassing financial, treasury, and property management, and engaging in property development and investment ventures. Founded in 1883 and based in Shah Alam, Malaysia, Fraser & Neave Holdings Bhd is a subsidiary of Fraser and Neave, Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
Loading outlook…
Loading forecast...
Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
Loading risk profile…
Price Chart
Averages
Trend
Price
Levels
Draw
MYR29.10 -0.18 (-0.61%)
Loading historical data…
Volume Profile
Loading…
Liquidity & share structure
Average Volume
119.0K
Beta
0.25
Float Shares
98.88M
Free Float %
27.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-0.35% -2.75% -9.58% -19.00% -17.97% -20.28% +3.66% +9.78% +6.39% +19.21% +633.16%
Rolling Volatility
Loading…
Drawdown
Loading…
Relative Strength
Loading…
Monthly Returns Heatmap
From To
Loading…
Annual Monthly Returns
Loading…
Daily Returns Distribution
vs.
Loading histogram data…

Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
29.10
DCF (Unlevered) 50.46 +73.4%
DCF (Levered) 28.72 -1.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 67% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 4 0
Hold 2 +1
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
5.53
Safe zone
Piotroski F-Score
5 / 9
Average
MOAT Score
4 / 10
Developing
Composite Rating
B
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
3 / 5
Medium
ROA Score
4 / 5
High
D/E Score
3 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Beverages - Non-Alcoholic: +4.6%
    -0.9% Q1'26: -7.6% (vs Q1'25)
  • EPS growth Beverages - Non-Alcoholic: +9.3%
    -6.1% Q1'26: -31.6% (vs Q1'25)
  • FCF margin FCF growth · Beverages - Non-Alcoholic: +17.3%
    +7.2% Q1'26: +4.3% (vs Q1'25)
  • EBIT margin Beverages - Non-Alcoholic: +13.6%
    +14.7% Q1'26: +12.0% (vs Q1'25)
  • ROIC Beverages - Non-Alcoholic: +11.1%
    +13.8% Q1'26: +9.7% (vs Q1'25)
  • Share dilution Beverages - Non-Alcoholic: +0.1%
    -0.1% Q1'26: +0.1% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Beverages - Non-Alcoholic: -0.18×
    0.72× Q1'26: 0.85× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.31) × ERP
WACC = 94% × Ke + 6% × Kd (5.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 50.46 Current price: 29.10
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Sep 2015
actual
Sep 2016
actual
Sep 2017
actual
Sep 2018
actual
Sep 2019
actual
Sep 2020
actual
Sep 2021
actual
Sep 2022
actual
Sep 2023
actual
Sep 2024
actual
Sep 2025
actual
Sep 2026
5 Rev. Ana.
4 EPS Ana.
Sep 2027
5 Rev. Ana.
4 EPS Ana.
Sep 2028
1 Rev. Ana.
2 EPS Ana.
Sep 2029
2 Rev. Ana.
1 EPS Ana.
Revenue
4.06B
est: 4.05B (+0.2%)
4.17B
est: 4.17B (0.0%)
4.10B
est: 4.28B (-4.1%)
4.11B
est: 4.42B (-7.0%)
4.08B
est: 4.10B (-0.5%)
3.99B
est: 4.10B (-2.7%)
4.13B
est: 4.18B (-1.2%)
4.47B
est: 4.47B (0.0%)
5.00B
est: 5.00B (+0.0%)
5.25B
est: 5.47B (-4.1%)
5.20B
est: 5.38B (-3.5%)
5.17B
4.94B – 5.44B
-4.0% YoY
5.54B
5.27B – 5.99B
+7.2% YoY
5.83B
5.57B – 6.23B
+5.4% YoY
5.94B
5.67B – 6.34B
+1.7% YoY
EBITDA
442.86M
est: 627.69M (-29.4%)
554.04M
est: 645.94M (-14.2%)
451.57M
est: 662.39M (-31.8%)
528.72M
est: 684.76M (-22.8%)
638.09M
est: 634.78M (+0.5%)
659.55M
est: 634.93M (+3.9%)
618.35M
est: 647.75M (-4.5%)
585.75M
est: 692.84M (-15.5%)
806.52M
est: 774.60M (+4.1%)
877.35M
est: 1.20B (-26.8%)
917.11M
est: 1.18B (-22.3%)
1.13B
1.08B – 1.19B
-4.0% YoY
1.21B
1.16B – 1.31B
+7.2% YoY
1.28B
1.22B – 1.37B
+5.4% YoY
1.30B
1.24B – 1.39B
+1.7% YoY
EBIT
349.75M
est: 505.18M (-30.8%)
457.16M
est: 519.87M (-12.1%)
368.99M
est: 533.11M (-30.8%)
439.55M
est: 551.11M (-20.2%)
537.23M
est: 510.88M (+5.2%)
526.98M
est: 511.01M (+3.1%)
482.49M
est: 521.33M (-7.4%)
459.59M
est: 557.62M (-17.6%)
660.34M
est: 623.42M (+5.9%)
732.66M
est: 1.06B (-31.0%)
766.03M
est: 1.04B (-26.7%)
1.00B
958.95M – 1.05B
-4.0% YoY
1.07B
1.02B – 1.16B
+7.2% YoY
1.13B
1.08B – 1.21B
+5.4% YoY
1.15B
1.10B – 1.23B
+1.7% YoY
Net Income
280.07M
est: 296.08M (-5.4%)
385.37M
est: 417.95M (-7.8%)
323.38M
est: 397.84M (-18.7%)
385.13M
est: 394.60M (-2.4%)
410.26M
est: 421.04M (-2.6%)
410.38M
est: 411.97M (-0.4%)
395.16M
est: 412.48M (-4.2%)
383.21M
est: 371.06M (+3.3%)
536.90M
est: 464.55M (+15.6%)
542.77M
est: 600.78M (-9.7%)
508.47M
est: 528.53M (-3.8%)
470.08M
433.10M – 521.92M
-11.1% YoY
555.14M
506.88M – 605.61M
+18.1% YoY
677.18M
637.26M – 737.22M
+22.0% YoY
— – —
-100.0% YoY
SGA
923.39M
est: 701.14M (+31.7%)
1.07B
est: 721.52M (+48.1%)
974.46M
est: 739.90M (+31.7%)
963.29M
est: 764.88M (+25.9%)
751.46M
est: 709.05M (+6.0%)
728.88M
est: 709.22M (+2.8%)
709.41M
est: 723.54M (-2.0%)
719.90M
est: 773.91M (-7.0%)
858.72M
est: 865.23M (-0.8%)
933.79M
est: 939.10M (-0.6%)
913.95M
est: 924.11M (-1.1%)
886.71M
848.41M – 933.22M
-4.0% YoY
950.21M
905.22M – 1.03B
+7.2% YoY
1.00B
956.01M – 1.07B
+5.4% YoY
1.02B
972.67M – 1.09B
+1.7% YoY
EPS
0.77
est: 0.81 (-4.5%)
1.05
est: 1.14 (-7.7%)
0.88
est: 1.08 (-18.8%)
1.05
est: 1.07 (-2.3%)
1.12
est: 1.15 (-2.3%)
1.12
est: 1.12 (-0.2%)
1.08
est: 1.12 (-3.8%)
1.05
est: 1.01 (+3.9%)
1.47
est: 1.26 (+16.2%)
1.48
est: 1.64 (-9.6%)
1.39
est: 1.44 (-3.5%)
1.28
1.18 – 1.42
-11.1% YoY
1.51
1.38 – 1.65
+18.1% YoY
1.85
1.74 – 2.01
+22.0% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-29 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-28 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-26 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-25 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-22 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-21 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-20 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-19 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-18 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-15 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-14 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-13 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-12 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-11 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-08 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-07 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-06 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-05 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-05-04 B 3/5 3/5 3/5 4/5 3/5 2/5 2/5
2026-04-30 B 3/5 3/5 3/5 5/5 2/5 2/5 2/5
2026-04-29 B 3/5 3/5 3/5 5/5 2/5 2/5 2/5
2026-04-28 B 3/5 3/5 3/5 5/5 2/5 2/5 2/5
2026-04-27 B 3/5 3/5 3/5 5/5 2/5 2/5 2/5
2026-04-24 B 3/5 3/5 3/5 5/5 2/5 2/5 2/5
2026-04-23 B 3/5 3/5 3/5 5/5 2/5 2/5 2/5
2026-04-22 B 3/5 3/5 3/5 5/5 2/5 2/5 2/5
2026-04-21 B 3/5 3/5 3/5 5/5 2/5 2/5 2/5
2026-04-20 B 3/5 3/5 3/5 5/5 2/5 2/5 2/5
2026-04-17 B 3/5 3/5 3/5 5/5 2/5 2/5 2/5
2026-04-16 B 3/5 3/5 3/5 5/5 2/5 2/5 2/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-57.01M
OE per share TTM
-0.16
Owner's Yield
-0.55%
Maintenance CapEx ratio
135.86%
Maint CapEx / Avg PPE
39.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock Held by 68 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 HSBC Emerging Market Screened Equity UCITS ETF HSEM.L 0.10% 287.7K 0.18%
2 iShares MSCI AC Far East ex-Japan Small Cap UCITS ETF ISFE.L 0.09% 62.7K 0.74%
3 HSBC Asia Pacific Ex Japan Screened Equity UCITS ETF HSXD.L 0.08% 545.1K 0.25%
4 State Street SPDR MSCI Emerging Markets Small Cap UCITS ETF EMSD.L 0.08% 463.9K 0.55%
5 iShares MSCI EM Small Cap UCITS ETF IEMS.L 0.05% 188.2K 0.74%
6 iShares MSCI Emerging Markets Small-Cap ETF EEMS 0.05% 183.9K 0.72%
7 Hartford Multifactor Emerging Markets ETF ROAM 0.04% 40.1K 0.44%
8 Dimensional - Emerging Markets High Profitability ETF DEHP 0.03% 115.0K 0.44%
9 Avantis Emerging Markets Equity UCITS ETF USD Acc AVEM.L 0.02% 39.9K 0.35%
10 Vanguard Emerging Markets Ex-China ETF VEXC 0.01% 34.4K 0.07%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
206.6K
Shares Outstanding
366.28M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Cheng Yew Lau Managing Director of Domestic Commercial Operation of Malaysia male
Chui Chui Tan Director of Communications, Corporation Affairs & Sustainability female
Geok Lin Teo Director of Digital Solutions & Technology female
Ming Kong Lai Managing Director of F&N International Market Sdn Bhd male
Ong Seng Onn Director of Legal & Company Secretary male
Peng Kang Yap Managing Director of Agriculture & Dairy Farm
Suchit Riewcharoon Managing Director of F&N Dairies (Thailand) Limited male
Suhana Abdul Halim Director of Human Capital female
Yean Yau Tiong Chief Financial Officer male
Yew Hoe Lim Chief Executive Officer male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

Share your view on this stock and instantly see how the community has voted over the last 6 months.

These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits