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ASTAKA HOLDINGS LIMITED (42S) Fair Value & Analysis

Real Estate · SG · Market cap 74.8M SGD

AH ASTAKA HOLDINGS LIMITED 42S · SG
Price0.0310 SGD
Fair Value0.0454 SGD
Upside+46.5%
Quality51/100
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Mixed Growth
Loss-making · -7.1% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/10)
Narrow moat 10/100
Evidence: Low Range 0.0374 SGD – 0.0518 SGD Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 4 days ago

Share price −22.5% over the past month.

A solid business, screening 46% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.0374 SGD). The market is more pessimistic than our downside scenario.
  • The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution.
  • Solid quality (51/100) at a price below fair value, the discount is the argument here, not the business quality.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

0.0880 SGD 0.0260 SGD Fair Value 0.0454 SGD Apr 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 0.0260 SGD – 0.0880 SGD · fair‑value band 0.0374 SGD – 0.0518 SGD · the 0.0310 SGD price screens below the 0.0454 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

ASTAKA HOLDINGS LIMITED (42S) currently trades at 0.0310 SGD, while our model-based Fair Value estimate is 0.0454 SGD, implying the stock looks roughly 46.5% undervalued today. The Quality Score stands 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: low), always confirm before acting.

Over the trailing twelve months, ASTAKA HOLDINGS LIMITED generated revenue of 94.6M SGD at a net margin of -7.1%. Revenue grew 143.9% year over year. It earns a return on equity of -18.6%. Net debt stands at 23.1M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.0374 SGD (bear case) to 0.0518 SGD (bull case); at 0.0310 SGD, the current price sits below 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 56% below its 52-week high and 3% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 15% fair-value upside, at 46%, 42S screens cheaper 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.

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
NCAV (Graham) 0.0200 SGD 0.0200 SGD 0.0300 SGD 50
All 1 models by family
Asset-Based
NCAV (Graham) 0.0200 SGD 0.0200 SGD 0.0300 SGD 50

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Key figures & financial health

Revenue (TTM) 94.6M SGD
Revenue growth (YoY) +144%
Net margin -7.1%
Return on equity -18.6%
Free cash flow −67.8M SGD FY2026
Operating margin 0.7%
More key figures
Net debt 23.1M SGD FY2026

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

Quality Score breakdown

Overall quality 51/100

Of which business quality 48 · Market factors (momentum, volatility) 17

Profitability 6
Margins and returns on capital today
Quality Growth 92
Are margins and returns improving?
Cashflow 33
Earnings quality: real cash, not paper profit
Fin. Strength 28
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 4
Price trend over the last 3–12 months (market factor)
52W Momentum 1
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

Astaka Holdings Limited, an investment holding company, engages in the property development business in Malaysia. It is primarily involved in the development of mixed township projects, luxury condominiums, shops, offices, private marts, hospitals, and residential and commercial development projects.

Full company description

Astaka Holdings Limited, an investment holding company, engages in the property development business in Malaysia. It is primarily involved in the development of mixed township projects, luxury condominiums, shops, offices, private marts, hospitals, and residential and commercial development projects. In addition, The company engages in marketing, sale, trading and distribution of the Sterilisation LED and other health-tech related products. The company is headquartered in Johor Bahru, Malaysia. Astaka Holdings Limited operates as a subsidiary of Horizon Sea Limited.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

ASTAKA HOLDINGS LIMITED reported revenue of 94.6M SGD in FY2026 versus 52.0M SGD in FY2022, a compound +16.1%/yr. Reported net income was −6.7M SGD in FY2026.

Growth Quality 17/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
94.6M SGD
Latest YoY
+91.7%
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.
+5.9%
Avg. growth/yr (11Y) 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.
+74.4%
Revenue +16.1%/yr
FY22 52.0M SGD
FY23 79.7M SGD
FY24 60.7M SGD
FY25 49.4M SGD
FY26 94.6M SGD
Net income
FY22 −22.9M SGD
FY23 7.9M SGD
FY24 3.1M SGD
FY25 −13.8M SGD
FY26 −6.7M SGD

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Cite: Fair Value Calculator (2026). "ASTAKA HOLDINGS LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/42S

Peer Group

Real Estate - Development · 590 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 49 · Above median
Fair Value upside +61% · Above median
Return on assets -1% · Bottom 25%
Net margin (TTM) -7% · Below median
Operating margin (TTM) 1% · Below median
Revenue growth 144% · Top 25%
Debt / equity 0.22× · Lower than median

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/B 0.94× · Pricier than median
P/S (TTM) 0.62× · 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 100 · sector 48
FUTURE 100 · sector 0
PAST 0 · sector 9
HEALTH 89 · sector 85
DIVIDEND 0 · sector 58

Values & ESG

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

None of the checked exposures detected

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

Similar stocks

10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹661.75 ₹146.13 -78%
Lodha Developers Limited LODHA ₹1,209 ₹583.43 -52%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,050 IDR 1,330 IDR -78%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 595.00 IDR 1,488 IDR +150%
PT Sentul City Tbk, BKSL 73.00 IDR 84.16 IDR +15%
PT Ciputra Development Tbk, CTRA 610.00 IDR 1,525 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,300 IDR 6,239 IDR +45%
PT Puradelta Lestari Tbk DMAS 147.00 IDR 164.33 IDR +12%
Phat Dat Real Estate Development Corporation PDR 12,100 VND 4,943 VND -59%

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Frequently asked questions

Is ASTAKA HOLDINGS LIMITED (42S) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.0454 SGD versus a price of 0.0310 SGD, about +46% (undervalued).
What is the fair value of 42S?
Our model-based fair value for ASTAKA HOLDINGS LIMITED is 0.0454 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.0310 SGD.
What is the quality score of 42S?
ASTAKA HOLDINGS LIMITED has a Quality Score of 51/100. 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 ASTAKA HOLDINGS LIMITED (42S)?
ASTAKA HOLDINGS LIMITED reported trailing-twelve-month revenue of about 94.6M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 42S?
The net profit margin of ASTAKA HOLDINGS LIMITED is about -7.1%, 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.

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