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JEP HOLDINGS LTD. (1J4) Fair Value & Analysis

Industrials · SG · Market cap 258M SGD

JH JEP HOLDINGS LTD. 1J4 · SG
Price0.5650 SGD
Fair Value0.1400 SGD
Upside-75.2%
Quality52/100
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Weak Growth
Thin margins · 6.2% net margin
Low debt · negative free cash flow
Trails peers (4/13)
Narrow moat 33/100
Evidence: Medium Range 0.1000 SGD – 0.1700 SGD Share as image

Fair value as of: Aug 13, 2026

From 14 valuation models · updated 4 days ago

Share price +5.6% over the past month.

A solid business, but screening 75% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.1700 SGD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (52/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

0.7900 SGD 0.1950 SGD Fair Value 0.1400 SGD May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 0.1950 SGD – 0.7900 SGD · fair‑value band 0.1000 SGD – 0.1700 SGD · the 0.5650 SGD price screens above the 0.1400 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

JEP HOLDINGS LTD. (1J4) currently trades at 0.5650 SGD, while our model-based Fair Value estimate is 0.1400 SGD, implying the stock looks roughly 75.2% overvalued today. The Quality Score stands at 52/100 (solid quality), in the Industrials sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, JEP HOLDINGS LTD. generated revenue of 53.8M SGD at a net margin of 6.2%. Revenue declined 10.3% year over year. It earns a return on equity of 4.1%. Net debt stands at 3.3M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.1000 SGD (bear case) to 0.1700 SGD (bull case); at 0.5650 SGD, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 33% below its 52-week high and 140% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -60% fair-value upside, at -75%, 1J4 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Note: the current price implies far more future growth than the conservative anchors of our models allow (base growth is deliberately capped, we do not regard such extreme rates as sustainable). Our models are not designed for expectations this high; that is why the individual models scatter extremely (0.0100 SGD to 0.3100 SGD). Read the values as a conservative anchor, not as a price target.
Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income 0.1300 SGD 0.1300 SGD 0.1000 SGD 76
ROIC Compounder 0.0300 SGD 0.0300 SGD 0.0300 SGD 72
Gordon GGM 0.0100 SGD 0.0100 SGD 0.0100 SGD 70
All 14 models by family
Earnings-Based
Graham-Dodd 0.0600 SGD 0.0700 SGD 0.0800 SGD 54
EPV 0.0300 SGD 0.0300 SGD 0.0300 SGD 59
Dividend Discount
Gordon GGM 0.0100 SGD 0.0100 SGD 0.0100 SGD 70
DDM Multi-Stage 0.0100 SGD 0.0100 SGD 0.0100 SGD 61
Multiples
P/E Multiple 0.1300 SGD 0.1700 SGD 0.2100 SGD 63
P/S Multiple 0.1000 SGD 0.1400 SGD 0.1700 SGD 58
P/B Multiple 0.1000 SGD 0.1400 SGD 0.1700 SGD 55
EV/EBIT 0.1000 SGD 0.1400 SGD 0.1700 SGD 53
EV/EBITDA 0.2300 SGD 0.3100 SGD 0.3900 SGD 54
EV/Revenue 0.0700 SGD 0.1000 SGD 0.1400 SGD 43
Asset-Based
NCAV (Graham) 0.1000 SGD 0.1400 SGD 0.2000 SGD 50
Economic Profit
Residual Income 0.1300 SGD 0.1300 SGD 0.1000 SGD 76
ROIC Compounder 0.0300 SGD 0.0300 SGD 0.0300 SGD 72
Growth Earnings
Growth-Adj P/E 0.0900 SGD 0.1300 SGD 0.1700 SGD 68

Widest divergence: Multiples (0.1400 SGD) versus Dividend Discount (0.0100 SGD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 53.8M SGD
Revenue growth (YoY) -10.3%
Net margin 6.2%
Return on equity 4.1%
Free cash flow −4.8M SGD FY2025
P/E ratio 56.5
More key figures
Operating margin 10.6%
EPS (TTM) 0.0100 SGD
EPS growth (YoY) -14.4%
Net debt 3.3M SGD FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 52/100

Of which business quality 53 · Market factors (momentum, volatility) 71

Profitability 27
Margins and returns on capital today
Quality Growth 39
Are margins and returns improving?
Cashflow 49
Earnings quality: real cash, not paper profit
Fin. Strength 70
Balance sheet, leverage, solvency risk
Investment 61
Disciplined investing over empire-building
Low Volatility 59
Calm price path (market factor)
Momentum 76
Price trend over the last 3–12 months (market factor)
52W Momentum 77
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

JEP Holdings Ltd., an investment holding company, engages in precision machining and engineering services in Singapore, the People's Republic of China, Malaysia, the United States, and Canada, and internationally. It operates through precision machining; trading and other businesses; and equipment manufacturing segments.

Full company description

JEP Holdings Ltd., an investment holding company, engages in precision machining and engineering services in Singapore, the People's Republic of China, Malaysia, the United States, and Canada, and internationally. It operates through precision machining; trading and other businesses; and equipment manufacturing segments. The Precision Machining segment provides precision machining services for aerospace, oil and gas, electronics, and automotive industries. The Trading and Other segment sells machines; and offers customized cutting tools. The Equipment Manufacturing segment provides plastic fabrication, computer numerical control machined plastic components, and precision engineering services. It also manufactures, imports and exports, trades, and repairs precision machineries, carbide cutting tools, hardware, and industrial equipment, as well as undertakes engineering works; and offers steel structure fabrication for aerospace, semiconductor and oil and gas industries. The company was formerly known as Alantac Technology Ltd. and changed its name to JEP Holdings Ltd. JEP Holdings Ltd. was incorporated in 1994 and is headquartered in Singapore. JEP Holdings Ltd. is a subsidiary of UMS Integration Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

JEP HOLDINGS LTD. reported revenue of 53.8M SGD in FY2025 versus 75.9M SGD in FY2021, a compound −8.2%/yr. Reported net income was 3.4M SGD in FY2025, compounding −19.2%/yr from FY2021.

Growth Quality 8/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
53.8M SGD
Latest YoY
−5.4%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−13.3%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−6.0%
Avg. growth/yr (10Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−0.9%
Revenue −8.2%/yr
FY21 75.9M SGD
FY22 82.6M SGD
FY23 58.1M SGD
FY24 56.9M SGD
FY25 53.8M SGD
Net income −19.2%/yr
FY21 7.9M SGD
FY22 7.6M SGD
FY23 1.7M SGD
FY24 3.1M SGD
FY25 3.4M SGD

1J4 screens 75% overvalued. Compare with General Electric Company →

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Cite: Fair Value Calculator (2026). "JEP HOLDINGS LTD. Fair Value". https://www.fairvalue-calculator.com/stock/1J4

Peer Group

Aerospace & Defense · 222 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 52 · Below median
Fair Value upside −75% · Bottom 25%
Return on equity (TTM) 4% · Below median
Return on assets 2% · Below median
Net margin (TTM) 6% · Below median
Operating margin (TTM) 11% · Above median
Revenue growth -10% · Bottom 25%
Dividend yield (TTM) 0.2% · Bottom 25%
Debt / equity 0.12× · Lower than median

Valuation Multiples vs Aerospace & Defense median · lower = cheaper

P/E (TTM) 56.5× · Pricier than median
P/B 2.41× · Cheaper than median
P/S (TTM) 3.75× · Pricier than median
EV/EBITDA 19.4× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 0 · sector 51
PAST 16 · sector 38
HEALTH 94 · sector 93
DIVIDEND 3 · sector 16

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Weapons Defense

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Aerospace & Defense stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
General Electric Company GE $365.33 $116.71 -68%
RTX Corporation RTX $222.76 $88.37 -60%
The Boeing Company BA $231.20 $49.09 -79%
China CSSC Holdings 600150 ¥33.89 ¥21.90 -35%
HD Hyundai Heavy Industries Co 329180 496,000 KRW 272,966 KRW -45%
Hanwha Aerospace Co 012450 1,160,000 KRW 573,468 KRW -51%
ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi ASELS 346.75 TRY 130.70 TRY -62%
Saab AB SAABB kr 680.10 kr 212.84 -69%
Kongsberg Gruppen ASA KOG kr 330.10 kr 101.07 -69%
HD Korea Shipbuilding & Offshore Engineering Co 009540 371,500 KRW 643,950 KRW +73%

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Frequently asked questions

Is JEP HOLDINGS LTD. (1J4) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.1400 SGD versus a price of 0.5650 SGD, about −75% (overvalued).
What is the fair value of 1J4?
Our model-based fair value for JEP HOLDINGS LTD. is 0.1400 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.5650 SGD.
What is the quality score of 1J4?
JEP HOLDINGS LTD. has a Quality Score of 52/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of JEP HOLDINGS LTD. (1J4)?
JEP HOLDINGS LTD. reported trailing-twelve-month revenue of about 53.8M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 1J4?
The net profit margin of JEP HOLDINGS LTD. is about 6.2%, meaning it keeps roughly 6.2% 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.

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