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My EG Services Bhd
KLSE:MYEG

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My EG Services Bhd
KLSE:MYEG
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Price: 0.95 MYR 0.53%
Market Cap: 7.2B MYR
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My EG Services Bhd
Accounts Receivables

Last Value
3-Years 3-Y CAGR
5-Years 5-Y CAGR
10-Years 10-Y CAGR
Quarterly
Annual
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My EG Services Bhd
Accounts Receivables Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Accounts Receivables CAGR 3Y CAGR 5Y CAGR 10Y
M
My EG Services Bhd
KLSE:MYEG
Accounts Receivables
myr383m
CAGR 3-Years
50%
CAGR 5-Years
16%
CAGR 10-Years
30%
A
Advance Information Marketing Bhd
KLSE:AIM
Accounts Receivables
myr472k
CAGR 3-Years
-36%
CAGR 5-Years
0%
CAGR 10-Years
-2%
C
CTOS Digital Bhd
KLSE:CTOS
Accounts Receivables
myr45.4m
CAGR 3-Years
32%
CAGR 5-Years
28%
CAGR 10-Years
N/A
R
Rekatech Capital Bhd
KLSE:REKATECH
Accounts Receivables
myr102.1k
CAGR 3-Years
-76%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

My EG Services Bhd
Glance View

Market Cap
7.2B MYR
Industry
Professional Services

My EG Services Bhd, often referred to as MYEG, plays a vital role in the digital governance landscape of Malaysia. Founded in 2000, the company emerged as a pioneer of e-government services, offering a seamless bridge between government agencies and the public. MYEG has evolved significantly over the years, leveraging technology to enhance public service delivery. It initially started by providing counter services such as road tax renewals and driver's license applications, but quickly expanded to incorporate online platforms that facilitate payments and renewals for various governmental services. This shift not only improved accessibility for citizens but also positioned MYEG as a trusted facilitator in the realm of digital transactions, drawing a substantial portion of its revenue from transaction and commission fees. Beyond its core e-government services, MYEG has diversified its portfolio, venturing into commercial services, including insurance renewal and road safety solutions, further solidifying its revenue streams. The company also developed an innovative range of trade facilitation services that cater to different industries, providing solutions such as digital business licensing and customs declaration processing. This diversification strategy highlights MYEG's adaptation to changing market demands and its continuous efforts to digitize services that traditionally required physical presence. By leveraging a combination of strategic collaborations and technological advancements, MYEG has managed to sustain its growth trajectory, embedding itself deeper into the infrastructure of Malaysia's digital governance and commerce sectors.

MYEG Intrinsic Value
1.17 MYR
Undervaluation 19%
Intrinsic Value
Price
M

See Also

What is My EG Services Bhd's Accounts Receivables?
Accounts Receivables
383m MYR

Based on the financial report for Sep 30, 2024, My EG Services Bhd's Accounts Receivables amounts to 383m MYR.

What is My EG Services Bhd's Accounts Receivables growth rate?
Accounts Receivables CAGR 10Y
30%

Over the last year, the Accounts Receivables growth was 14%. The average annual Accounts Receivables growth rates for My EG Services Bhd have been 50% over the past three years , 16% over the past five years , and 30% over the past ten years .

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