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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: 0.965 MYR 1.58% Market Closed
Market Cap: 7.3B MYR
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My EG Services Bhd
Long-Term Investments

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
Long-Term Investments Peer Comparison

Competitors Analysis
Latest Figures & CAGR of Competitors

Company Long-Term Investments CAGR 3Y CAGR 5Y CAGR 10Y
M
My EG Services Bhd
KLSE:MYEG
Long-Term Investments
myr261.9m
CAGR 3-Years
10%
CAGR 5-Years
25%
CAGR 10-Years
63%
A
Advance Information Marketing Bhd
KLSE:AIM
Long-Term Investments
myr2.7m
CAGR 3-Years
-19%
CAGR 5-Years
-12%
CAGR 10-Years
49%
C
CTOS Digital Bhd
KLSE:CTOS
Long-Term Investments
myr576.8m
CAGR 3-Years
56%
CAGR 5-Years
N/A
CAGR 10-Years
N/A
V
VCI Global Ltd
NASDAQ:VCIG
Long-Term Investments
myr38.4m
CAGR 3-Years
N/A
CAGR 5-Years
N/A
CAGR 10-Years
N/A
No Stocks Found

My EG Services Bhd
Glance View

Market Cap
7.3B 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
1.151 MYR
Undervaluation 16%
Intrinsic Value
Price
M

See Also

What is My EG Services Bhd's Long-Term Investments?
Long-Term Investments
261.9m MYR

Based on the financial report for Sep 30, 2024, My EG Services Bhd's Long-Term Investments amounts to 261.9m MYR.

What is My EG Services Bhd's Long-Term Investments growth rate?
Long-Term Investments CAGR 10Y
63%

Over the last year, the Long-Term Investments growth was -6%. The average annual Long-Term Investments growth rates for My EG Services Bhd have been 10% over the past three years , 25% over the past five years , and 63% over the past ten years .

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