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Octopus (APAC) Holdings (43A) Fair Value & Analysis

Consumer Cyclical · SG · Market cap 50.5M SGD

OA Octopus (APAC) Holdings 43A · SG
Price0.0530 SGD
Fair Value0.0355 SGD
Upside-33.0%
Quality49/100
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Evidence: Low Range 0.0302 SGD – 0.0408 SGD

Fair value as of: Jul 3, 2026

From 3 valuation models · updated today

Price vs Fair Value (12 months)

0.0660 SGD 0.0370 SGD Fair Value 0.0355 SGD Jul 2025 Jul 2026

12‑month range 0.0370 SGD – 0.0660 SGD · fair‑value band 0.0302 SGD – 0.0408 SGD · the 0.0530 SGD price screens above the 0.0355 SGD fair value. As of Jul 3, 2026.

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Analysis

Octopus (APAC) Holdings (43A) currently trades at 0.0530 SGD, while our model-based Fair Value estimate is 0.0355 SGD — implying the stock looks roughly 33.0% overvalued today. We read business quality at 49/100 (below-average quality), in the Consumer Cyclical 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, Octopus (APAC) Holdings generated revenue of 62.9M SGD at a net margin of -3.4%. Revenue declined 26.1% year over year. It earns a return on equity of -57.8%. Net debt stands at 1.3M SGD. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) 62.9M SGD
Revenue growth (YoY) -26.1%
Net margin -3.4%
Return on equity -57.8%
Free cash flow −478K SGD FY2024
Operating margin -11.5%
More key figures
EPS growth (YoY) -36.5%
Net debt 1.3M SGD FY2023

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

About the company

Octopus (APAC) Holdings Limited, an investment holding company, engages in leasing, operating, and managing self-owned or leased food courts, coffee shops, and eating houses in Singapore and Brunei. The company also operates food courts/coffee shops under the Hao Kou Wei brand; a chicken rice restaurant and chicken rice stalls in food courts under the Sing Swee Kee brand; a food kiosk under the Sing Swee Kee Express brand; halal chicken rice stall in the food court under the Rasa Chicken brand; and a local coffee cafe under the Raffles Coffee brand. In addition, it provides branding, operation, and procurement services, such as branding management, operational support, central procurement, recruitment, and customized training and development of human resources, as well as consultancy and management services in the food and beverage industry. Further, the company engages in processing and manufacturing of food products; and developing, franchising, trading, distribution, and …

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Octopus (APAC) Holdings reported revenue of 9.2M SGD in FY2024 versus 13.6M SGD in FY2020, a compound −9.2%/yr. Reported net income was −2.4M SGD in FY2024.

Revenue −9.2%/yr
FY20 13.6M SGD
FY21 6.0M SGD
FY22 7.1M SGD
FY23 9.2M SGD
FY24 9.2M SGD
Net income
FY20 694K SGD
FY21 −8.9M SGD
FY22 −6.3M SGD
FY23 −14.5M SGD
FY24 −2.4M SGD

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Frequently asked questions

Is Octopus (APAC) Holdings (43A) undervalued?
As of Jul 3, 2026, our model estimates a fair value of 0.0355 SGD versus a price of 0.0530 SGD — about −33% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 43A?
Our model-based fair value for Octopus (APAC) Holdings is 0.0355 SGD (as of Jul 3, 2026), built from audited fundamentals. The current price is 0.0530 SGD.
What is the quality score of 43A?
Octopus (APAC) Holdings has a Quality Score of 49/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Octopus (APAC) Holdings (43A)?
Octopus (APAC) Holdings reported trailing-twelve-month revenue of about 62.9M SGD (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 43A?
The net profit margin of Octopus (APAC) Holdings is about -3.4%, 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.