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Progen Holdings (583) Fair Value & Analysis

Industrials · SG · Market cap 10.2M SGD

PH Progen Holdings 583 · SG
Price0.0260 SGD
Fair Value0.0218 SGD
Upside-16.0%
Quality46/100
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Evidence: Low Range 0.0218 SGD – 0.0244 SGD

Fair value as of: Jul 4, 2026

From 5 valuation models · updated today

Share price −3.7% over the past month.

Price vs Fair Value (12 months)

0.0340 SGD 0.0250 SGD Fair Value 0.0218 SGD Jul 2025 Jul 2026

12‑month range 0.0250 SGD – 0.0340 SGD · fair‑value band 0.0218 SGD – 0.0244 SGD · the 0.0260 SGD price screens above the 0.0218 SGD fair value. As of Jul 4, 2026.

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Analysis

Progen Holdings (583) currently trades at 0.0260 SGD, while our model-based Fair Value estimate is 0.0218 SGD — implying the stock looks roughly 16.0% overvalued today. We read business quality at 46/100 (below-average 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: low).

Over the trailing twelve months, Progen Holdings generated revenue of 5.1M SGD at a net margin of -13.7%. Revenue declined 27.3% year over year. It earns a return on equity of -2.7%. Net debt stands at 1.4M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 5.1M SGD
Revenue growth (YoY) -27.3%
Net margin -13.7%
Return on equity -2.7%
Free cash flow −130K SGD FY2025
Operating margin 3.6%
More key figures
EPS growth (YoY) -72.0%
Net debt 1.4M SGD FY2022

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Progen Holdings Ltd, an investment holding company, engages in the design, supply, installation, and maintenance of air-conditioning and mechanical ventilation systems primarily in Singapore. It operates through four segments: Products and Installation, Servicing and Maintenance, Rental, and Property Development. The company is also involved in the trading and contracting of engineering works, cooling towers, air-conditioning, and mechanical ventilation systems; service and repair of air-conditioners, cooling towers, and other cooling equipment; and supply and installation of cooling fans, cooling towers, and air-conditioners. In addition, it engages in the sale and distribution of household electrical appliances and air-conditioners; leasing of leasehold buildings and office spaces; and development and sale of residential properties. The company was founded in 1981 and is based in Singapore.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Progen Holdings reported revenue of 5.1M SGD in FY2025 versus 3.9M SGD in FY2021, a compound +6.4%/yr. Reported net income was −693K SGD in FY2025.

Revenue +6.4%/yr
FY21 3.9M SGD
FY22 5.2M SGD
FY23 4.4M SGD
FY24 5.7M SGD
FY25 5.1M SGD
Net income
FY21 −2.7M SGD
FY22 1.7M SGD
FY23 −1.1M SGD
FY24 −720K SGD
FY25 −693K SGD

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Frequently asked questions

Is Progen Holdings (583) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.0218 SGD versus a price of 0.0260 SGD — about −16% (overvalued). Model-based estimate, not financial advice.
What is the fair value of 583?
Our model-based fair value for Progen Holdings is 0.0218 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.0260 SGD.
What is the quality score of 583?
Progen Holdings has a Quality Score of 46/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Progen Holdings (583)?
Progen Holdings reported trailing-twelve-month revenue of about 5.1M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 583?
The net profit margin of Progen Holdings is about -13.7%, 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.