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Old Chang Kee Ltd (5ML) Fair Value & Analysis

Consumer Cyclical · SG · Market cap 140M SGD

OC Old Chang Kee Ltd 5ML · SG
Price1.15 SGD
Fair Value1.73 SGD
Upside+50.4%
Quality69/100
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Evidence: High Range 1.30 SGD – 2.16 SGD

Fair value as of: Jul 3, 2026

From 25 valuation models · updated today

Share price −0.9% over the past month.

Price vs Fair Value (12 months)

1.29 SGD 1.01 SGD Fair Value 1.73 SGD Jul 2025 Jul 2026

12‑month range 1.01 SGD – 1.29 SGD · fair‑value band 1.30 SGD – 2.16 SGD · the 1.15 SGD price screens below the 1.73 SGD fair value. As of Jul 3, 2026.

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Analysis

Old Chang Kee Ltd (5ML) currently trades at 1.15 SGD, while our model-based Fair Value estimate is 1.73 SGD — implying the stock looks roughly 50.4% undervalued today. We read business quality at 69/100 (solid quality), in the Consumer Cyclical 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: high) — always confirm before acting.

Over the trailing twelve months, Old Chang Kee Ltd generated revenue of 103M SGD at a net margin of 9.2%. Revenue grew 2.8% year over year. It earns a return on equity of 15.7%. The stock trades on a trailing P/E of 14.4. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) 103M SGD
Revenue growth (YoY) +2.8%
Net margin 9.2%
Return on equity 15.7%
Free cash flow 21.0M SGD FY2026
P/E ratio 14.4
More key figures
Operating margin 9.6%
EPS (TTM) 0.0800 SGD
Dividend yield 1.7%
EPS growth (YoY) -11.7%

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Old Chang Kee Ltd., an investment holding company, engages in the manufacture and distribution of food products under the Old Chang Kee brand in Singapore, Australia, and Malaysia. The company offers traditional, seafood, and chicken products; and desserts and breakfast set products. It also operates retail food outlets; provides general trading and delivery, catering services and non-retail sales; and franchise rights to sell its products. In addition, the company operates Curry Times, a curry-themed restaurant; O' My Darling, a mobile kitchen food truck; and Dip'n'Go, a concept of food on the go. Old Chang Kee Ltd. was founded in 1956 and is headquartered in Singapore.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Old Chang Kee Ltd reported revenue of 103M SGD in FY2026 versus 77.5M SGD in FY2022, a compound +7.5%/yr. Reported net income was 9.6M SGD in FY2026, compounding +13.9%/yr from FY2022.

Revenue +7.5%/yr
FY22 77.5M SGD
FY23 89.8M SGD
FY24 101M SGD
FY25 102M SGD
FY26 103M SGD
Net income +13.9%/yr
FY22 5.7M SGD
FY23 6.2M SGD
FY24 9.7M SGD
FY25 11.3M SGD
FY26 9.6M SGD

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Frequently asked questions

Is Old Chang Kee Ltd (5ML) undervalued?
As of Jul 3, 2026, our model estimates a fair value of 1.73 SGD versus a price of 1.15 SGD — about +50% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 5ML?
Our model-based fair value for Old Chang Kee Ltd is 1.73 SGD (as of Jul 3, 2026), built from audited fundamentals. The current price is 1.15 SGD.
What is the quality score of 5ML?
Old Chang Kee Ltd has a Quality Score of 69/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Old Chang Kee Ltd (5ML)?
Old Chang Kee Ltd reported trailing-twelve-month revenue of about 103M SGD (latest available figure, as of Jul 3, 2026).
What is the net profit margin of 5ML?
The net profit margin of Old Chang Kee Ltd is about 9.2%, meaning it keeps roughly 9.2% of revenue as net income. Based on the latest reported figures.
Does Old Chang Kee Ltd pay a dividend?
Old Chang Kee Ltd currently shows a dividend yield of about 1.74% relative to its recent price (as of Jul 3, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.