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ACESIAN PARTNERS LIMITED (5FW) Fair Value & Analysis

Industrials · SG · Market cap 10.9M SGD

AP ACESIAN PARTNERS LIMITED 5FW · SG
Price0.0280 SGD
Fair Value0.0314 SGD
Upside+12.1%
Quality42/100
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Weak Growth
Loss-making · -41.3% net margin
Low debt · negative free cash flow
Mixed vs. peers (5/10)
Narrow moat 0/100
Evidence: Low Range 0.0258 SGD – 0.0314 SGD Share as image

Fair value as of: Aug 13, 2026

From 1 valuation models · updated 4 days ago

Fair value updated Aug 13, 2026, revised from 0.0288 SGD to 0.0314 SGD (+9.2%) since Aug 8, 2026. Share price +21.7% over the past month.

Below-average quality, screening 12% undervalued on our models.

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What matters now

  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
  • Our model range runs from 0.0258 SGD (bear) to 0.0314 SGD (bull), base 0.0314 SGD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 42/100 (below-average quality) with low evidence: read the verdict with care.
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Price vs Fair Value (5 years)

0.0800 SGD 0.0140 SGD Fair Value 0.0314 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 0.0140 SGD – 0.0800 SGD · fair‑value band 0.0258 SGD – 0.0314 SGD · the 0.0280 SGD price screens below the 0.0314 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

ACESIAN PARTNERS LIMITED (5FW) currently trades at 0.0280 SGD, while our model-based Fair Value estimate is 0.0314 SGD, implying the stock looks roughly 12.1% undervalued today. The Quality Score stands at 42/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: low), always confirm before acting.

Over the trailing twelve months, ACESIAN PARTNERS LIMITED generated revenue of 6.2M SGD at a net margin of -41.3%. Revenue grew 44.2% year over year. It earns a return on equity of -11.8%. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.0258 SGD (bear case) to 0.0314 SGD (bull case); at 0.0280 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 32% below its 52-week high and 22% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -67% fair-value upside, at 12%, 5FW 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
NCAV (Graham) 0.0200 SGD 0.0300 SGD 0.0400 SGD 50
All 1 models by family
Asset-Based
NCAV (Graham) 0.0200 SGD 0.0300 SGD 0.0400 SGD 50

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Key figures & financial health

Revenue (TTM) 6.2M SGD
Revenue growth (YoY) +44.2%
Net margin -41.3%
Return on equity -11.8%
Free cash flow −1.6M SGD FY2025
Operating margin -23.2%
More key figures
EPS (TTM) -0.0100 SGD
EPS growth (YoY) -47.2%

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

Quality Score breakdown

Overall quality 42/100

Of which business quality 44 · Market factors (momentum, volatility) 30

Profitability 4
Margins and returns on capital today
Quality Growth 25
Are margins and returns improving?
Cashflow 0
Earnings quality: real cash, not paper profit
Fin. Strength 95
Balance sheet, leverage, solvency risk
Investment 75
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 17
Distance to the 52-week high (market factor)
Net Issuance 90
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

Acesian Partners Limited, together with its subsidiaries, provides environmental solutions and integrated services to the semiconductor, healthcare, electric vehicles battery, wastewater treatment, chemical, pharmaceutical, and biotechnological industries in Singapore and Malaysia.

Full company description

Acesian Partners Limited, together with its subsidiaries, provides environmental solutions and integrated services to the semiconductor, healthcare, electric vehicles battery, wastewater treatment, chemical, pharmaceutical, and biotechnological industries in Singapore and Malaysia. It operates in Critical Airflow Design and Supply; and Engineering Services segments. The company manufactures, sells, and distributes ethylene tetrafluoroethylene coated stainless steel ducts under the CMT brand; uncoated stainless-steel ducts; air related ducts and accessories; and other specialized exhaust system components. It also provides turnkey facility construction management and engineering solutions; and project management and consultancy services. In addition, the company operates as a general contractor for building construction, plumbing, pumping, and air-conditioning, as well as infocomm technologies. The company was formerly known as Linair Technologies Limited and changed its name to Acesian Partners Limited in October 2015. Acesian Partners Limited was incorporated in 1995 and is based in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ACESIAN PARTNERS LIMITED reported revenue of 6.2M SGD in FY2025 versus 14.8M SGD in FY2021, a compound −19.6%/yr. Reported net income was −2.6M SGD in FY2025.

Growth Quality 0/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
6.2M SGD
Latest YoY
−20.8%
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.
−45.4%
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.
−8.2%
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.
−12.0%
Revenue −19.6%/yr
FY21 14.8M SGD
FY22 38.2M SGD
FY23 15.8M SGD
FY24 7.8M SGD
FY25 6.2M SGD
Net income
FY21 1.9M SGD
FY22 7.9M SGD
FY23 7.5M SGD
FY24 505K SGD
FY25 −2.6M SGD

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Cite: Fair Value Calculator (2026). "ACESIAN PARTNERS LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/5FW

Peer Group

Specialty Industrial Machinery · 805 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 44 · Bottom 25%
Fair Value upside +7% · Top 25%
Return on assets -7% · Bottom 25%
Net margin (TTM) -41% · Bottom 25%
Operating margin (TTM) -23% · Bottom 25%
Revenue growth 44% · Top 25%

Valuation Multiples vs Specialty Industrial Machinery median · lower = cheaper

P/B 0.42× · Cheaper than 75% of peers
P/S (TTM) 1.37× · Cheaper 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 43 · sector 0
FUTURE 100 · sector 22
PAST 0 · sector 28
HEALTH 100 · sector 95
DIVIDEND 0 · sector 27

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 Specialty Industrial Machinery stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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ABB India Limited ABB ₹7,645 ₹1,322 -83%
Cummins India Limited CUMMINSIND ₹5,315 ₹1,355 -75%
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Frequently asked questions

Is ACESIAN PARTNERS LIMITED (5FW) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.0314 SGD versus a price of 0.0280 SGD, about +12% (undervalued).
What is the fair value of 5FW?
Our model-based fair value for ACESIAN PARTNERS LIMITED is 0.0314 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.0280 SGD.
What is the quality score of 5FW?
ACESIAN PARTNERS LIMITED has a Quality Score of 42/100. 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 ACESIAN PARTNERS LIMITED (5FW)?
ACESIAN PARTNERS LIMITED reported trailing-twelve-month revenue of about 6.2M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 5FW?
The net profit margin of ACESIAN PARTNERS LIMITED is about -41.3%, 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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