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Hiap Seng Industries Limited (1L2) Fair Value & Analysis

Industrials · SG · Market cap 67.9M SGD

HS Hiap Seng Industries Limited 1L2 · SG
Price0.0140 SGD
Fair Value0.0134 SGD
Upside-4.0%
Quality42/100
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Evidence: High Range 0.0134 SGD – 0.0134 SGD

Fair value as of: Jul 4, 2026

From 15 valuation models · updated today

Share price −17.6% over the past month.

Price vs Fair Value (12 months)

0.0390 SGD 0.0070 SGD Fair Value 0.0134 SGD Jul 2025 Jul 2026

12‑month range 0.0070 SGD – 0.0390 SGD · the 0.0140 SGD price screens above the 0.0134 SGD fair value. As of Jul 4, 2026.

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Analysis

Hiap Seng Industries Limited (1L2) currently trades at 0.0140 SGD, while our model-based Fair Value estimate is 0.0134 SGD — implying the stock looks roughly 4.0% overvalued today. We read business quality at 42/100 (below-average 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: high).

Over the trailing twelve months, Hiap Seng Industries Limited generated revenue of 24.4M SGD at a net margin of 11.6%. Revenue grew 31.2% year over year. It earns a return on equity of 8.5%. Net debt stands at 12.8M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 24.4M SGD
Revenue growth (YoY) +31.2%
Net margin 11.6%
Return on equity 8.5%
Free cash flow −1.5M SGD FY2026
Operating margin 13.0%
More key figures
EPS growth (YoY) -39.2%
Net debt 12.8M SGD FY2021

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Hiap Seng Industries Limited, an investment holding company, provides engineering, procurement, construction, and plant maintenance services for oil and gas, and energy sectors in Singapore. The company offers building and plant construction, process piping, pressure vessels, process equipment installation, modular compression, and tanks and terminals services for oil and gas, petrochemical and chemical, power and utilities, and pharmaceutical industries. It also offers routine daily maintenance, total integrated plant maintenance, and turnaround maintenance services in the refineries, petrochemical/chemical complexes, pharmaceutical, and power/utilities plants. In addition, the company undertakes mechanical, electrical and instrumentation, civil/buildings, refractory, insulation, and blasting/painting works, as well as provides scaffolding services. Further, it offers mechanical engineering, plant fabrication, installation, and plant maintenance services for the oil and gas, …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Hiap Seng Industries Limited reported revenue of 24.4M SGD in FY2026 versus 26.8M SGD in FY2022, a compound −2.3%/yr. Reported net income was 2.8M SGD in FY2026, compounding −16.3%/yr from FY2022.

Revenue −2.3%/yr
FY22 26.8M SGD
FY23 18.6M SGD
FY24 24.9M SGD
FY25 22.9M SGD
FY26 24.4M SGD
Net income −16.3%/yr
FY22 5.8M SGD
FY23 −2.6M SGD
FY24 20.1M SGD
FY25 6.2M SGD
FY26 2.8M SGD

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6 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 4, 2026).

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Frequently asked questions

Is Hiap Seng Industries Limited (1L2) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.0134 SGD versus a price of 0.0140 SGD — about −4% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1L2?
Our model-based fair value for Hiap Seng Industries Limited is 0.0134 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.0140 SGD.
What is the quality score of 1L2?
Hiap Seng Industries Limited has a Quality Score of 42/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Hiap Seng Industries Limited (1L2)?
Hiap Seng Industries Limited reported trailing-twelve-month revenue of about 24.4M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 1L2?
The net profit margin of Hiap Seng Industries Limited is about 11.6%, meaning it keeps roughly 11.6% 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.