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SECURA GROUP LIMITED (43B) Fair Value & Analysis

Industrials · SG · Market cap 27.6M SGD

SG SECURA GROUP LIMITED 43B · SG
Price0.0730 SGD
Fair Value0.0710 SGD
Upside-2.7%
Quality53/100
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Mixed Growth
Thin margins · 2.5% net margin
Low debt · generates free cash flow
1.45% dividend yield
Trails peers (4/13)
Narrow moat 25/100
Evidence: High Range 0.0636 SGD – 0.0710 SGD Share as image

Fair value as of: Aug 13, 2026

From 26 valuation models · updated 4 days ago

Fair value updated Aug 13, 2026, revised from 0.0634 SGD to 0.0710 SGD (+12.1%) since Aug 9, 2026. Share price −2.7% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits above even our optimistic bull case (0.0710 SGD). The favourable scenario is already priced in.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • The models converge in a tight band (0.0636 SGD to 0.0710 SGD), unusually little disagreement for a valuation.
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Price vs Fair Value (5 years)

0.0914 SGD 0.0447 SGD Fair Value 0.0710 SGD May 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 0.0447 SGD – 0.0914 SGD · fair‑value band 0.0636 SGD – 0.0710 SGD · the 0.0730 SGD price screens above the 0.0710 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

SECURA GROUP LIMITED (43B) currently trades at 0.0730 SGD, while our model-based Fair Value estimate is 0.0710 SGD, implying the stock looks roughly 2.7% fairly valued today. The Quality Score stands at 53/100 (solid 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, SECURA GROUP LIMITED generated revenue of 53.1M SGD at a net margin of 2.5%. Revenue declined 9.4% year over year. It earns a return on equity of 2.8%. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.0636 SGD (bear case) to 0.0710 SGD (bull case); at 0.0730 SGD, the current price sits above 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 21% below its 52-week high and 35% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 6% fair-value upside, at -3%, 43B screens richer 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
Growth DCF 0.0600 SGD 0.0600 SGD 0.0600 SGD 80
Residual Income 0.0800 SGD 0.0700 SGD 0.0500 SGD 76
Rev-Margin DCF 0.0500 SGD 0.0600 SGD 0.0600 SGD 74
All 26 models by family
DCF Models
FCF DCF 0.0600 SGD 0.0600 SGD 0.0700 SGD 38
Owner Earnings 0.0900 SGD 0.1000 SGD 0.1200 SGD 31
5Y Revenue Exit 0.0500 SGD 0.0600 SGD 0.0600 SGD 39
5Y EBITDA Exit 0.0800 SGD 0.1100 SGD 0.1400 SGD 41
5Y P/E Exit 0.0800 SGD 0.1100 SGD 0.1400 SGD 38
10Y Revenue Exit 0.0500 SGD 0.0600 SGD 0.0600 SGD 36
10Y EBITDA Exit 0.0700 SGD 0.0900 SGD 0.1100 SGD 37
10Y P/E Exit 0.0700 SGD 0.0900 SGD 0.1100 SGD 35
Earnings-Based
Graham-Dodd 0.0200 SGD 0.0600 SGD 0.0800 SGD 54
Lynch FV 0.0100 SGD 0.0200 SGD 0.0200 SGD 50
PEG = 1.0 0.0100 SGD 0.0200 SGD 0.0200 SGD 46
EPV 0.0500 SGD 0.0500 SGD 0.0500 SGD 59
Dividend Discount
Gordon GGM 0.0100 SGD 0.0200 SGD 0.0200 SGD 70
DDM Multi-Stage 0.0100 SGD 0.0100 SGD 0.0200 SGD 61
Multiples
P/E Multiple 0.0700 SGD 0.0900 SGD 0.1100 SGD 63
P/S Multiple 0.0400 SGD 0.0600 SGD 0.0700 SGD 58
P/B Multiple 0.0400 SGD 0.0600 SGD 0.0700 SGD 55
EV/EBIT 0.0600 SGD 0.0700 SGD 0.0700 SGD 53
EV/EBITDA 0.1100 SGD 0.1300 SGD 0.1500 SGD 54
EV/Revenue 0.0500 SGD 0.0600 SGD 0.0600 SGD 43
Asset-Based
NCAV (Graham) 0.0600 SGD 0.0800 SGD 0.1200 SGD 50
Growth DCF
Growth DCF 0.0600 SGD 0.0600 SGD 0.0600 SGD 80
Rev-Margin DCF 0.0500 SGD 0.0600 SGD 0.0600 SGD 74
Economic Profit
Residual Income 0.0800 SGD 0.0700 SGD 0.0500 SGD 76
ROIC Compounder 0.0500 SGD 0.0500 SGD 0.0500 SGD 72
Growth Earnings
Growth-Adj P/E 0.0500 SGD 0.0800 SGD 0.1000 SGD 68

Widest divergence: DCF Models (0.0900 SGD) versus Dividend Discount (0.0100 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 53.1M SGD
Revenue growth (YoY) -9.4%
Net margin 2.5%
Return on equity 2.8%
Free cash flow 578K SGD FY2025
Operating margin 2.1%
More key figures
Dividend yield 1.5%
EPS growth (YoY) -77.1%

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

Quality Score breakdown

Overall quality 53/100

Of which business quality 53 · Market factors (momentum, volatility) 42

Profitability 33
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 23
Earnings quality: real cash, not paper profit
Fin. Strength 82
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 59
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 41
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

Secura Group Limited, an investment company, provides an integrated suite of security products, services, and solutions in Singapore, Taiwan, and Bangladesh. It operates through Security Printing; Security Guarding; Security Technology and Consultancy; and Cybersecurity segments.

Full company description

Secura Group Limited, an investment company, provides an integrated suite of security products, services, and solutions in Singapore, Taiwan, and Bangladesh. It operates through Security Printing; Security Guarding; Security Technology and Consultancy; and Cybersecurity segments. The company offers cybersecurity, products, services, and solutions; and unarmed security guarding services. It also provides security printing services for various value documents, including cheques and bank drafts, vouchers, certificates, cashier's orders, carpark coupons, postage stamps, licienses, tickets, variable data printing, and other services; integrated command center services; and security system integration and training services. In addition, the company offers private investigation services; and provides secured data solutions, eStatement, eArchiving, and security data processing; and printing of computer forms and stationery services. Further, it engages in information technology cybersecurity consultancy. The company serves customers in various industries, including multinational corporations, financial institutions, and government agencies. Secura Group Limited was incorporated in 2015 and is headquartered in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SECURA GROUP LIMITED reported revenue of 53.1M SGD in FY2025 versus 37.3M SGD in FY2021, a compound +9.3%/yr. Reported net income was 1.3M SGD in FY2025, compounding −14.5%/yr from FY2021.

Growth Quality 59/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
53.1M SGD
Latest YoY
−9.5%
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.
+3.0%
Avg. growth/yr (5Y) 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.
+9.4%
Avg. growth/yr (12Y) 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.
+15.8%
Revenue +9.3%/yr
FY21 37.3M SGD
FY22 48.6M SGD
FY23 59.7M SGD
FY24 58.7M SGD
FY25 53.1M SGD
Net income −14.5%/yr
FY21 2.4M SGD
FY22 1.3M SGD
FY23 1.0M SGD
FY24 3.3M SGD
FY25 1.3M SGD

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Cite: Fair Value Calculator (2026). "SECURA GROUP LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/43B

Peer Group

Security & Protection Services · 112 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 53 · Below median
Fair Value upside −4% · Above median
Return on equity (TTM) 3% · Below median
Return on assets 1% · Below median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth -9% · Bottom 25%
Dividend yield (TTM) 1.5% · Below median
Debt / equity 0.04× · Higher than median

Valuation Multiples vs Security & Protection Services median · lower = cheaper

P/B 0.46× · Cheaper than 75% of peers
P/S (TTM) 0.41× · Cheaper than median
P/FCF 37.4× · Pricier than 75% of peers
EV/EBITDA 2.0× · Cheaper than 75% of peers

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 28 · sector 28
FUTURE 0 · sector 38
PAST 11 · sector 20
HEALTH 98 · sector 99
DIVIDEND 29 · sector 50

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 Security & Protection Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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ASSA ABLOY AB ASSAB kr 360.50 kr 269.97 -25%
Verisure plc VSURE €9.33 €12.40 +33%
Allegion plc ALLE $166.11 $127.80 -23%
Securitas AB SECUB kr 147.90 kr 186.34 +26%
Zhejiang Dahua Technology Co 002236 ¥16.46 ¥31.47 +91%
MSA Safety Incorporated MSA $192.04 $116.42 -39%
ADT Inc ADT $7.31 $16.68 +128%
The Brink's Company BCO $113.96 $121.18 +6%
Brady Corporation BRC $95.12 $72.32 -24%
The GEO Group GEO $31.45 $25.50 -19%

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Frequently asked questions

Is SECURA GROUP LIMITED (43B) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.0710 SGD versus a price of 0.0730 SGD, about −3% (fairly valued).
What is the fair value of 43B?
Our model-based fair value for SECURA GROUP LIMITED is 0.0710 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.0730 SGD.
What is the quality score of 43B?
SECURA GROUP LIMITED has a Quality Score of 53/100. 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 SECURA GROUP LIMITED (43B)?
SECURA GROUP LIMITED reported trailing-twelve-month revenue of about 53.1M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 43B?
The net profit margin of SECURA GROUP LIMITED is about 2.5%, meaning it keeps roughly 2.5% of revenue as net income. Based on the latest reported figures.
Does SECURA GROUP LIMITED pay a dividend?
SECURA GROUP LIMITED currently shows a dividend yield of about 1.45% relative to its recent price (as of Aug 13, 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.

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