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Emerging Towns & Cities Singapore Ltd (1C0) Fair Value & Analysis

Real Estate · SG · Market cap 38.8M SGD

ET Emerging Towns & Cities Singapore Ltd 1C0 · SG
Price0.0180 SGD
Fair Value0.0184 SGD
Upside+2.0%
Quality75/100
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Evidence: Medium Range 0.0166 SGD – 0.0292 SGD

Fair value as of: Jul 3, 2026

From 24 valuation models · updated today

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Analysis

Emerging Towns & Cities Singapore Ltd (1C0) currently trades at 0.0180 SGD, while our model-based Fair Value estimate is 0.0184 SGD — implying the stock looks roughly 2.0% undervalued today. We read business quality at 75/100 (high quality), in the Real Estate sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: medium) — always confirm before acting.

Over the trailing twelve months, Emerging Towns & Cities Singapore Ltd generated revenue of 23.6M SGD at a net margin of 18.9%. It earns a return on equity of 119.4%. Net debt stands at 41.6M SGD. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) 23.6M SGD
Revenue growth (YoY) +310%
Net margin 18.9%
Return on equity 119%
Free cash flow 5.7M SGD FY2025
Operating margin -14.2%
More key figures
EPS growth (YoY) -88.0%
Net debt 41.6M SGD FY2023

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Emerging Towns & Cities Singapore Ltd., an investment holding company, engages in the real estate business in Myanmar. The company develops and sells residential and commercial properties. It is also involved in property rental activities. Emerging Towns & Cities Singapore Ltd. was formerly known as Cedar Strategic Holdings Ltd. and changed its name to Emerging Towns & Cities Singapore Ltd. in February 2017. The company was incorporated in 1980 and is based in Singapore.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Emerging Towns & Cities Singapore Ltd reported revenue of 20.2M SGD in FY2025 versus 9.4M SGD in FY2021, a compound +21.3%/yr. Reported net income was 2.7M SGD in FY2025.

Revenue +21.3%/yr
FY21 9.4M SGD
FY22 18.2M SGD
FY23 0 SGD
FY24 13.7M SGD
FY25 20.2M SGD
Net income
FY21 −13.4M SGD
FY22 −21.1M SGD
FY23 −11.6M SGD
FY24 −54.9M SGD
FY25 2.7M SGD

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Similar stocks

6 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 3, 2026).

Stock Price Fair Value vs Fair Value
Vinhomes Joint Stock Company VHM 146,800 VND 367,000 VND +150%
DLF Limited DLF ₹577.70 ₹263.02 -54%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,325 IDR 1,330 IDR -79%
Lodha Developers Limited LODHA ₹894.45 ₹721.45 -19%
Oberoi Realty Limited OBEROIRLTY ₹1,633 ₹1,368 -16%
Godrej Properties Limited GODREJPROP ₹1,708 ₹2,070 +21%

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Frequently asked questions

Is Emerging Towns & Cities Singapore Ltd (1C0) undervalued?
As of Jul 3, 2026, our model estimates a fair value of 0.0184 SGD versus a price of 0.0180 SGD — about +2% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 1C0?
Our model-based fair value for Emerging Towns & Cities Singapore Ltd is 0.0184 SGD (as of Jul 3, 2026), built from audited fundamentals. The current price is 0.0180 SGD.
What is the quality score of 1C0?
Emerging Towns & Cities Singapore Ltd has a Quality Score of 75/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Emerging Towns & Cities Singapore Ltd (1C0)?
Emerging Towns & Cities Singapore Ltd reported trailing-twelve-month revenue of about 23.6M SGD (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 1C0?
The net profit margin of Emerging Towns & Cities Singapore Ltd is about 18.9%, meaning it keeps roughly 18.9% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.