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TREK 2000 INTERNATIONAL LTD (5AB) Fair Value & Analysis

Technology · SG · Market cap 75.6M SGD

T2 TREK 2000 INTERNATIONAL LTD 5AB · SG
Price0.2850 SGD
Fair Value0.2600 SGD
Upside-8.8%
Quality75/100
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Weak Growth
Highly profitable · 23.5% net margin
Low debt · generates free cash flow
Ranks above peers (9/13)
Moderate moat 46/100
Evidence: High Range 0.1900 SGD – 0.3200 SGD Share as image

Fair value as of: Aug 13, 2026

From 18 valuation models · updated 4 days ago

Fair value updated Aug 13, 2026, revised from 0.2500 SGD to 0.2600 SGD (+4.0%) since Aug 9, 2026. Share price +18.8% over the past month.

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

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What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 0.1900 SGD (bear) to 0.3200 SGD (bull), base 0.2600 SGD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 75/100 (high quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

0.3150 SGD 0.0410 SGD Fair Value 0.2600 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 0.0410 SGD – 0.3150 SGD · fair‑value band 0.1900 SGD – 0.3200 SGD · the 0.2850 SGD price screens above the 0.2600 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

TREK 2000 INTERNATIONAL LTD (5AB) currently trades at 0.2850 SGD, while our model-based Fair Value estimate is 0.2600 SGD, implying the stock looks roughly 8.8% fairly valued today. The Quality Score stands at 75/100 (high quality), in the Technology 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, TREK 2000 INTERNATIONAL LTD generated revenue of 19.6M SGD at a net margin of 23.5%. Revenue grew 10.5% year over year. It earns a return on equity of 14.6%. The stock trades on a trailing P/E of 14.3. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.1900 SGD (bear case) to 0.3200 SGD (bull case); at 0.2850 SGD, the current price sits within 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 7% below its 52-week high and 360% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -9%, 5AB 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
Growth DCF 0.2700 SGD 0.3100 SGD 0.3700 SGD 80
Residual Income 0.1000 SGD 0.1100 SGD 0.1700 SGD 76
Rev-Margin DCF 0.2800 SGD 0.3600 SGD 0.4700 SGD 74
All 18 models by family
DCF Models
FCF DCF 0.2600 SGD 0.3100 SGD 0.3800 SGD 38
Owner Earnings 0.2000 SGD 0.2300 SGD 0.2700 SGD 31
5Y Revenue Exit 0.2800 SGD 0.3600 SGD 0.4700 SGD 39
5Y P/E Exit 0.3200 SGD 0.4300 SGD 0.5600 SGD 38
10Y Revenue Exit 0.2600 SGD 0.3200 SGD 0.3700 SGD 36
10Y P/E Exit 0.2900 SGD 0.3500 SGD 0.4100 SGD 35
Earnings-Based
Graham-Dodd 0.1000 SGD 0.1300 SGD 0.1400 SGD 54
Dividend Discount
Gordon GGM 0.0600 SGD 0.0600 SGD 0.0700 SGD 70
DDM Multi-Stage 0.0600 SGD 0.0600 SGD 0.0800 SGD 61
Multiples
P/E Multiple 0.3200 SGD 0.4300 SGD 0.5300 SGD 63
P/S Multiple 0.1900 SGD 0.2600 SGD 0.3200 SGD 58
P/B Multiple 0.1900 SGD 0.2600 SGD 0.3200 SGD 55
EV/Revenue 0.3100 SGD 0.4000 SGD 0.4900 SGD 43
Asset-Based
NCAV (Graham) 0.0500 SGD 0.0700 SGD 0.1100 SGD 50
Growth DCF
Growth DCF 0.2700 SGD 0.3100 SGD 0.3700 SGD 80
Rev-Margin DCF 0.2800 SGD 0.3600 SGD 0.4700 SGD 74
Economic Profit
Residual Income 0.1000 SGD 0.1100 SGD 0.1700 SGD 76
Growth Earnings
Growth-Adj P/E 0.2200 SGD 0.3200 SGD 0.4200 SGD 68

Widest divergence: DCF Models (0.3200 SGD) versus Dividend Discount (0.0600 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 19.6M SGD
Revenue growth (YoY) +10.5%
Net margin 23.5%
Return on equity 14.6%
Free cash flow 7.2M SGD FY2025
P/E ratio 14.3
More key figures
Operating margin -31.1%
EPS (TTM) 0.0200 SGD
EPS growth (YoY) +4,627%

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

Quality Score breakdown

Overall quality 75/100

Of which business quality 77 · Market factors (momentum, volatility) 84

Profitability 51
Margins and returns on capital today
Quality Growth 43
Are margins and returns improving?
Cashflow 94
Earnings quality: real cash, not paper profit
Fin. Strength 100
Balance sheet, leverage, solvency risk
Investment 69
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 100
Price trend over the last 3–12 months (market factor)
52W Momentum 96
Distance to the 52-week high (market factor)
Net Issuance 97
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

Trek 2000 International Ltd, an investment holding company, provides interactive consumer, wireless, encryption, and enterprise solutions. The company operates through Artificial Intelligence of Things, Corporate, Customized Solutions, and Artificial Intelligence Renewable Energy Solutions segments.

Full company description

Trek 2000 International Ltd, an investment holding company, provides interactive consumer, wireless, encryption, and enterprise solutions. The company operates through Artificial Intelligence of Things, Corporate, Customized Solutions, and Artificial Intelligence Renewable Energy Solutions segments. The company offers external storage devices, such as portable data storage devices, thumb-sized external portable data storage devices, and single-write access-numerous drives; encryption of storage with the utilization of a built-in hardware encryption system; Single-Write Access-Numerous (SWAN); finger authentication sensor technology. It also provides renewable energy solutions include the construction, operation, and management of solar farms; supply of smart meters, data loggers, IoT-sensors, and rechargeable batteries and an energy management system software; provision of TRE-Solutions Dashboard, an artificial intelligence-based energy management platform for data visualization, monitoring, and control; and delivery of iOS and Android mobile apps that enable customers remote access to the dashboards. In addition, the company offers design solutions, such as design-in modules or sub-modules in semi-customized or customized forms, as well as engage in investment activities. Further, it engages in research, design, development, and dealing in computer hardware, software, electronic components, and other related products; research and development of environment and clean technologies; and development and marketing of web portal services, including social networking sites. It serves customers in China, Hong Kong, India, Indonesia, Malaysia, Singapore, Taiwan, Thailand, and the United States. Trek 2000 International Ltd was incorporated in 1999 and is headquartered in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TREK 2000 INTERNATIONAL LTD reported revenue of 19.6M SGD in FY2025 versus 37.3M SGD in FY2021, a compound −14.8%/yr. Reported net income was 4.6M SGD in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
19.6M SGD
Latest YoY
−1.1%
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.
+5.7%
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.
−5.0%
Avg. growth/yr (10Y) 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.
−18.3%
Revenue −14.8%/yr
FY21 37.3M SGD
FY22 16.6M SGD
FY23 16.8M SGD
FY24 19.8M SGD
FY25 19.6M SGD
Net income
FY21 −1.2M SGD
FY22 −13.3M SGD
FY23 2.7M SGD
FY24 335K SGD
FY25 4.6M SGD

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Cite: Fair Value Calculator (2026). "TREK 2000 INTERNATIONAL LTD Fair Value". https://www.fairvalue-calculator.com/stock/5AB

Peer Group

Communication Equipment · 300 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 75 · Top 25%
Fair Value upside −9% · Above median
Return on equity (TTM) 15% · Top 25%
Return on assets -6% · Bottom 25%
Net margin (TTM) 23% · Top 25%
Operating margin (TTM) -31% · Bottom 25%
Revenue growth 11% · Above median
Dividend yield (TTM) 3.2% · Top 25%

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/E (TTM) 14.3× · Cheaper than 75% of peers
P/B 1.82× · Cheaper than median
P/S (TTM) 3.01× · Pricier than median
P/FCF 8.3× · Pricier 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 22 · sector 0
FUTURE 53 · sector 36
PAST 58 · sector 15
HEALTH 100 · sector 98
DIVIDEND 64 · sector 24

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 Communication Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $120.43 $61.53 -49%
Zhongji Innolight Co 300308 ¥921.00 ¥171.09 -81%
Foxconn Industrial Internet Co 601138 ¥65.60 ¥28.65 -56%
Eoptolink Technology Inc 300502 ¥429.90 ¥176.99 -59%
Nokia Oyj NOK $10.32 $3.77 -63%
Motorola Solutions, Inc MSI $469.74 $236.33 -50%
Suzhou TFC Optical Communication Co 300394 ¥240.05 ¥43.67 -82%
Accton Technology Corporation 2345 2,270 TWD 1,135 TWD -50%
Telefonaktiebolaget LM Ericsson (publ), ERICB kr 97.78 kr 157.82 +61%
ZTE Corporation 000063 ¥35.59 ¥19.72 -45%

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Frequently asked questions

Is TREK 2000 INTERNATIONAL LTD (5AB) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.2600 SGD versus a price of 0.2850 SGD, about −9% (fairly valued).
What is the fair value of 5AB?
Our model-based fair value for TREK 2000 INTERNATIONAL LTD is 0.2600 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.2850 SGD.
What is the quality score of 5AB?
TREK 2000 INTERNATIONAL LTD has a Quality Score of 75/100. 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 TREK 2000 INTERNATIONAL LTD (5AB)?
TREK 2000 INTERNATIONAL LTD reported trailing-twelve-month revenue of about 19.6M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 5AB?
The net profit margin of TREK 2000 INTERNATIONAL LTD is about 23.5%, meaning it keeps roughly 23.5% of revenue as net income. 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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