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LHN Limited (41O) Fair Value & Analysis

Real Estate · SG · Market cap 248M SGD

LL LHN Limited 41O · SG
Price0.5700 SGD
Fair Value0.7800 SGD
Upside+36.8%
Quality51/100
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Evidence: High Range 0.5900 SGD – 1.06 SGD

Fair value as of: Jul 3, 2026

From 23 valuation models · updated today

Share price −4.2% over the past month.

Price vs Fair Value (12 months)

0.9888 SGD 0.5510 SGD Fair Value 0.7800 SGD Jul 2025 Jul 2026

12‑month range 0.5510 SGD – 0.9888 SGD · fair‑value band 0.5900 SGD – 1.06 SGD · the 0.5700 SGD price screens below the 0.7800 SGD fair value. As of Jul 3, 2026.

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Analysis

LHN Limited (41O) currently trades at 0.5700 SGD, while our model-based Fair Value estimate is 0.7800 SGD — implying the stock looks roughly 36.8% undervalued today. We read business quality at 51/100 (solid 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: high) — always confirm before acting.

Over the trailing twelve months, LHN Limited generated revenue of 122M SGD at a net margin of 18.6%. Revenue declined 13.7% year over year. It earns a return on equity of 9.1%. Net debt stands at 187M SGD. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) 122M SGD
Revenue growth (YoY) -13.7%
Net margin 18.6%
Return on equity 9.1%
Free cash flow 64.1M SGD FY2025
P/E ratio 11.4
More key figures
Operating margin 30.8%
EPS (TTM) 0.0500 SGD
Dividend yield 3.5%
EPS growth (YoY) +16.5%
Net debt 187M SGD FY2025

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

About the company

LHN Limited, an investment holding company, engages in space optimization, property development, facilities management services, and energy businesses in Singapore, Hong Kong, Myanmar, Indonesia, and Cambodia. It operates through Industrial, Commercial, Residential, Property Development, Facilities Management, and Energy segments. The company offers integrated facilities management services, such as outcome-based cleaning services, disinfecting services, integrated pest control, building improvement, landscaping services, and smart technology; car park management solutions comprising electronic parking systems, centralized call center services, car park layout design and consultancy services, and management and administration of short term and season parking; and energy management services. It also acquires, develops, and/or sells properties, as well as invests in properties. In addition, the company redesigns unused, old, and underutilized industrial buildings, factories, …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

LHN Limited reported revenue of 131M SGD in FY2025 versus 121M SGD in FY2021, a compound +2.1%/yr. Reported net income was 20.1M SGD in FY2025, compounding −8.0%/yr from FY2021.

Revenue +2.1%/yr
FY21 121M SGD
FY22 112M SGD
FY23 93.6M SGD
FY24 121M SGD
FY25 131M SGD
Net income −8.0%/yr
FY21 28.1M SGD
FY22 45.8M SGD
FY23 38.2M SGD
FY24 47.3M SGD
FY25 20.1M SGD

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Frequently asked questions

Is LHN Limited (41O) undervalued?
As of Jul 3, 2026, our model estimates a fair value of 0.7800 SGD versus a price of 0.5700 SGD — about +37% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 41O?
Our model-based fair value for LHN Limited is 0.7800 SGD (as of Jul 3, 2026), built from audited fundamentals. The current price is 0.5700 SGD.
What is the quality score of 41O?
LHN Limited has a Quality Score of 51/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of LHN Limited (41O)?
LHN Limited reported trailing-twelve-month revenue of about 122M SGD (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 41O?
The net profit margin of LHN Limited is about 18.6%, meaning it keeps roughly 18.6% of revenue as net income. Based on the latest reported figures.
Does LHN Limited pay a dividend?
LHN Limited currently shows a dividend yield of about 3.51% relative to its recent price (as of Jul 3, 2026).

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.