HE Group Berhad (0296.KL) has a MoatMap StockRank of 90/100 based on Quality (76/100), Value (53/100), and Momentum (45/100) factor scores. The current signal is STRONG BUY. HE Group is a specialized electrical engineering provider in Malaysia focusing on high-voltage power distribution systems for semiconductor fabs and data centers. As global tech giants aggressively shift packaging and testing capacity to Malaysia (Penang hub) to mitigate geopolitical risks, HE Group acts as a critical, high-margin gatekeeper for local infrastructure deployment. Its high quality score (76) and niche expertise create a strong local moat with a multi-year backlog.
HE Group Berhad is an electrical engineering service provider in Malaysia, specializing in high-voltage (HV), medium-voltage (MV), and low-voltage (LV) power distribution systems. The company serves industrial plants, data centers, and semiconductor fabrication facilities requiring highly reliable power infrastructure. Its competitive edge is rooted in its specialized engineering capabilities, safety track record, and ability to deliver complex, fast-track electrical installations.
| Price | $0.12 |
| Market Cap | $52M |
| P/E (TTM) | 23.25 |
| P/E (Forward) | 12.05 |
| Price/Book | 2.96 |
| Return on Equity | 16.0% |
| Return on Invested Capital | 20.7% |
| Debt/Equity | 3.89 |
| Gross Margin | 21.7% |
| Operating Margin | 13.0% |
| Revenue Growth | -16.8% |
| Dividend Yield | 3.0% |
| Free Cash Flow | $780K |
HE Group Berhad operates in the Engineering & Construction industry, part of the Industrials sector (Malaysia).