M

My EG Services Bhd
KLSE:MYEG

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My EG Services Bhd
KLSE:MYEG
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Price: 0.95 MYR 1.06% Market Closed
Market Cap: 7.2B MYR
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Net Margin
My EG Services Bhd

70.5%
Current
58%
Average
4.2%
Industry

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
70.5%
=
Net Income
666.6m
/
Revenue
945.4m

Net Margin Across Competitors

Country Company Market Cap Net
Margin
MY
My EG Services Bhd
KLSE:MYEG
7.2B MYR
71%
UK
Relx PLC
LSE:REL
67.4B GBP
20%
CA
Thomson Reuters Corp
TSX:TRI
105.3B CAD
32%
UK
IHS Markit Ltd
F:0M3
37.9B EUR
26%
IE
Experian PLC
LSE:EXPN
31.8B GBP
17%
NL
Wolters Kluwer NV
AEX:WKL
37.9B EUR
18%
US
Verisk Analytics Inc
NASDAQ:VRSK
39.4B USD
33%
US
Equifax Inc
NYSE:EFX
32.2B USD
10%
US
CoStar Group Inc
NASDAQ:CSGP
29.9B USD
7%
US
Leidos Holdings Inc
NYSE:LDOS
19.4B USD
7%
CH
SGS SA
SIX:SGSN
17.1B CHF
8%
Country MY
Market Cap 7.2B MYR
Net Margin
71%
Country UK
Market Cap 67.4B GBP
Net Margin
20%
Country CA
Market Cap 105.3B CAD
Net Margin
32%
Country UK
Market Cap 37.9B EUR
Net Margin
26%
Country IE
Market Cap 31.8B GBP
Net Margin
17%
Country NL
Market Cap 37.9B EUR
Net Margin
18%
Country US
Market Cap 39.4B USD
Net Margin
33%
Country US
Market Cap 32.2B USD
Net Margin
10%
Country US
Market Cap 29.9B USD
Net Margin
7%
Country US
Market Cap 19.4B USD
Net Margin
7%
Country CH
Market Cap 17.1B CHF
Net Margin
8%
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
1.15 MYR
Undervaluation 17%
Intrinsic Value
Price
M

See Also

Discover More
What is Net Margin?

Net Margin measures how much net income is generated as a percentage of revenues received. It helps investors assess if a company's management is generating enough profit from its sales and whether operating costs and overhead costs are being contained.

Net Margin
70.5%
=
Net Income
666.6m
/
Revenue
945.4m
What is the Net Margin of My EG Services Bhd?

Based on My EG Services Bhd's most recent financial statements, the company has Net Margin of 70.5%.