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FIGTREE HOLDINGS LIMITED (5F4) Fair Value & Analysis

Real Estate · SG · Market cap 11.1M SGD

FH FIGTREE HOLDINGS LIMITED 5F4 · SG
Price0.0290 SGD
Fair Value0.0264 SGD
Upside-9.0%
Quality37/100
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Weak Growth
Loss-making · -60.2% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/11)
Narrow moat 20/100
Evidence: Low Range 0.0235 SGD – 0.0264 SGD Share as image

Fair value as of: Aug 13, 2026

From 3 valuation models · updated 4 days ago

Share price −3.3% over the past month.

Below-average quality, currently priced close to our fair value.

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What matters now

  • The price sits above even our optimistic bull case (0.0264 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 (0.0235 SGD to 0.0264 SGD), unusually little disagreement for a valuation.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

0.0798 SGD 0.0150 SGD Fair Value 0.0264 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 0.0150 SGD – 0.0798 SGD · fair‑value band 0.0235 SGD – 0.0264 SGD · the 0.0290 SGD price screens above the 0.0264 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

FIGTREE HOLDINGS LIMITED (5F4) currently trades at 0.0290 SGD, while our model-based Fair Value estimate is 0.0264 SGD, implying the stock looks roughly 9.0% fairly valued today. The Quality Score stands at 37/100 (below-average quality), in the Real Estate 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, FIGTREE HOLDINGS LIMITED generated revenue of 5.2M SGD at a net margin of -60.2%. It earns a return on equity of -15.3%. Net debt stands at 12.7M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.0235 SGD (bear case) to 0.0264 SGD (bull case); at 0.0290 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 55% below its 52-week high and 81% 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 -9%, 5F4 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
Gordon GGM 0.0100 SGD 0.0100 SGD 0.0100 SGD 70
DDM Multi-Stage 0.0100 SGD 0.0100 SGD 0.0100 SGD 61
NCAV (Graham) 0.0300 SGD 0.0400 SGD 0.0500 SGD 50
All 3 models by family
Dividend Discount
Gordon GGM 0.0100 SGD 0.0100 SGD 0.0100 SGD 70
DDM Multi-Stage 0.0100 SGD 0.0100 SGD 0.0100 SGD 61
Asset-Based
NCAV (Graham) 0.0300 SGD 0.0400 SGD 0.0500 SGD 50

Widest divergence: Asset-Based (0.0400 SGD) versus Dividend Discount (0.0100 SGD). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 5.2M SGD
Revenue growth (YoY) +957%
Net margin -60.2%
Return on equity -15.3%
Free cash flow −2.8M SGD FY2025
Operating margin 19.2%
More key figures
EPS (TTM) -0.0100 SGD
Net debt 12.7M SGD FY2025

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

Quality Score breakdown

Overall quality 37/100

Of which business quality 36 · Market factors (momentum, volatility) 40

Profitability 1
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 36
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 48
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

Figtree Holdings Limited, an investment holding company, engages in designing and building commercial and industrial facilities in Singapore, Australia, and the People's Republic of China. It operates through Design and Build; and Property Development segments.

Full company description

Figtree Holdings Limited, an investment holding company, engages in designing and building commercial and industrial facilities in Singapore, Australia, and the People's Republic of China. It operates through Design and Build; and Property Development segments. The company also constructs, develops, sells, and/or leases residential, commercial, and industrial properties; and provides design, project, and construction management consulting services, as well as general building engineering services. In addition, it undertakes new construction, as well as addition and alteration works on existing buildings; and refurbishes and upgrades existing buildings. Figtree Holdings Limited was founded in 2009 and is based in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

FIGTREE HOLDINGS LIMITED reported revenue of 3.5M SGD in FY2025 versus 15.3M SGD in FY2021, a compound −30.8%/yr. Reported net income was −5.1M SGD in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
3.5M SGD
Latest YoY
−73.5%
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.
−56.4%
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.
−16.8%
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.
−24.4%
Revenue −30.8%/yr
FY21 15.3M SGD
FY22 42.6M SGD
FY23 10.2M SGD
FY24 13.3M SGD
FY25 3.5M SGD
Net income
FY21 −5.1M SGD
FY22 −8.4M SGD
FY23 −3.2M SGD
FY24 −4.9M SGD
FY25 −5.1M SGD

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Cite: Fair Value Calculator (2026). "FIGTREE HOLDINGS LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/5F4

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 39 · Below median
Fair Value upside +3% · Below median
Return on assets -2% · Bottom 25%
Net margin (TTM) -60% · Bottom 25%
Operating margin (TTM) 19% · Above median
Revenue growth 957% · Top 25%
Dividend yield (TTM) 4.5% · Above median

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

P/B 0.44× · Cheaper than median
P/S (TTM) 1.66× · 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 38 · sector 48
FUTURE 100 · sector 0
PAST 0 · sector 9
HEALTH 100 · sector 85
DIVIDEND 90 · 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 FIGTREE HOLDINGS LIMITED (5F4) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.0264 SGD versus a price of 0.0290 SGD, about −9% (fairly valued).
What is the fair value of 5F4?
Our model-based fair value for FIGTREE HOLDINGS LIMITED is 0.0264 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.0290 SGD.
What is the quality score of 5F4?
FIGTREE HOLDINGS LIMITED has a Quality Score of 37/100. 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 FIGTREE HOLDINGS LIMITED (5F4)?
FIGTREE HOLDINGS LIMITED reported trailing-twelve-month revenue of about 5.2M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 5F4?
The net profit margin of FIGTREE HOLDINGS LIMITED is about -60.2%, 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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