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9R Limited (1Y1) Fair Value & Analysis

Technology · SG · Market cap 42.5M SGD

9L 9R Limited 1Y1 · SG
Price0.0380 SGD
Fair Value0.0312 SGD
Upside-18.0%
Quality33/100
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Evidence: Low Range 0.0274 SGD – 0.0312 SGD

Fair value as of: Jul 3, 2026

From 2 valuation models · updated today

Share price +15.2% over the past month.

Price vs Fair Value (12 months)

0.0630 SGD 0.0310 SGD Fair Value 0.0312 SGD Jul 2025 Jul 2026

12‑month range 0.0310 SGD – 0.0630 SGD · fair‑value band 0.0274 SGD – 0.0312 SGD · the 0.0380 SGD price screens above the 0.0312 SGD fair value. As of Jul 3, 2026.

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Analysis

9R Limited (1Y1) currently trades at 0.0380 SGD, while our model-based Fair Value estimate is 0.0312 SGD — implying the stock looks roughly 18.0% overvalued today. We read business quality at 33/100 (below-average quality), in the Technology 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: low).

Over the trailing twelve months, 9R Limited generated revenue of 13.6M SGD at a net margin of -19.0%. Revenue grew 11.7% year over year. It earns a return on equity of -19.6%. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) 13.6M SGD
Revenue growth (YoY) +11.7%
Net margin -19.0%
Return on equity -19.6%
Free cash flow −1.1M SGD FY2025
Operating margin -23.8%
More key figures
Net debt 119K SGD FY2021

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

About the company

9R Limited, an investment holding company, engages in supply chain management and lifestyle retail businesses in Malaysia and Singapore. It operates through chartering services; Supply chain management; and Lifestyle retail business segments. The company is involved in the trading, supply, and distribution of artificial intelligence-powered robotic products. It also engages in the operation of family karaoke and entertainment business under the Red Box Plus brand; and food and beverage services. The company was formerly known as Viking Offshore and Marine Limited and changed its name to 9R Limited in June 2022. 9R Limited was incorporated in 1993 and is based in Singapore.

Revenue & earnings trend

FY2020 – FY2025 · reported fiscal years

9R Limited reported revenue of 13.6M SGD in FY2025 versus 17.2M SGD in FY2020, a compound −4.5%/yr. Reported net income was −2.6M SGD in FY2025.

Revenue −4.5%/yr
FY20 17.2M SGD
FY21 10.8M SGD
FY22 3.0M SGD
FY23 6.6M SGD
FY25 13.6M SGD
Net income
FY20 −26.0M SGD
FY21 15.5M SGD
FY22 −1.8M SGD
FY23 −5.3M SGD
FY25 −2.6M SGD

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Frequently asked questions

Is 9R Limited (1Y1) undervalued?
As of Jul 3, 2026, our model estimates a fair value of 0.0312 SGD versus a price of 0.0380 SGD — about −18% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 1Y1?
Our model-based fair value for 9R Limited is 0.0312 SGD (as of Jul 3, 2026), built from audited fundamentals. The current price is 0.0380 SGD.
What is the quality score of 1Y1?
9R Limited has a Quality Score of 33/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of 9R Limited (1Y1)?
9R Limited reported trailing-twelve-month revenue of about 13.6M SGD (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 1Y1?
The net profit margin of 9R Limited is about -19.0%, meaning it is currently running at a net loss. 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.