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JASON MARINE GROUP LIMITED (5PF) Fair Value & Analysis

Technology · SG · Market cap 18.2M SGD

JM JASON MARINE GROUP LIMITED 5PF · SG
Price0.1300 SGD
Fair Value0.3600 SGD
Upside+176.9%
Quality73/100
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Healthy Growth
Thin margins · 2.7% net margin
Low debt · generates free cash flow
4.60% dividend yield
Ranks above peers (10/14)
Narrow moat 39/100
Evidence: High Range 0.2700 SGD – 0.4400 SGD Share as image

Fair value as of: Aug 19, 2026

From 23 valuation models · updated today

Fair value updated Aug 19, 2026, revised from 0.2730 SGD to 0.3600 SGD (+31.9%) since Aug 13, 2026. Share price −23.5% over the past month.

A solid business, screening 177% undervalued on our models.

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What matters now

  • The rarer combination: high quality (73/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (0.2700 SGD). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

0.2240 SGD 0.0700 SGD Fair Value 0.3600 SGD Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 19, 2026.

How to read this chart

60‑month range 0.0700 SGD – 0.2240 SGD · fair‑value band 0.2700 SGD – 0.4400 SGD · the 0.1300 SGD price screens below the 0.3600 SGD fair value. Dashed = 300-day average. As of Aug 19, 2026.

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Analysis

JASON MARINE GROUP LIMITED (5PF) currently trades at 0.1300 SGD, while our model-based Fair Value estimate is 0.3600 SGD, implying the stock looks roughly 176.9% undervalued today. The Quality Score stands at 73/100 (solid quality), in the Technology 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, JASON MARINE GROUP LIMITED generated revenue of 49.9M SGD at a net margin of 2.7%. Revenue grew 3.8% year over year. It earns a return on equity of 5.9%. The stock trades on a trailing P/E of 13.0. Fundamentals as of Aug 19, 2026

Our scenario range runs from 0.2700 SGD (bear case) to 0.4400 SGD (bull case); at 0.1300 SGD, the current price sits below 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 28% below its 52-week high and 12% above its 52-week low, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -46% fair-value upside, at 177%, 5PF 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 0.2300 SGD 0.2700 SGD 0.3300 SGD 80
Residual Income 0.1500 SGD 0.1500 SGD 0.1300 SGD 76
Rev-Margin DCF 0.2100 SGD 0.2800 SGD 0.3500 SGD 74
All 23 models by family
DCF Models
FCF DCF 0.2300 SGD 0.2800 SGD 0.3400 SGD 38
Owner Earnings 0.2000 SGD 0.2400 SGD 0.3000 SGD 31
5Y Revenue Exit 0.2100 SGD 0.2700 SGD 0.3500 SGD 39
5Y EBITDA Exit 0.3100 SGD 0.4600 SGD 0.6300 SGD 41
5Y P/E Exit 0.2700 SGD 0.3700 SGD 0.4900 SGD 38
10Y Revenue Exit 0.2100 SGD 0.2700 SGD 0.3300 SGD 36
10Y EBITDA Exit 0.2700 SGD 0.3700 SGD 0.5000 SGD 37
10Y P/E Exit 0.2500 SGD 0.3300 SGD 0.4200 SGD 35
Earnings-Based
Graham-Dodd 0.0900 SGD 0.2200 SGD 0.2900 SGD 54
PEG = 1.0 0.0400 SGD 0.0600 SGD 0.0800 SGD 46
EPV 0.1600 SGD 0.1800 SGD 0.1800 SGD 59
Multiples
P/E Multiple 0.2700 SGD 0.3600 SGD 0.4400 SGD 63
P/S Multiple 0.1600 SGD 0.2200 SGD 0.2700 SGD 58
P/B Multiple 0.1600 SGD 0.2200 SGD 0.2700 SGD 55
EV/EBIT 0.3400 SGD 0.4300 SGD 0.5200 SGD 53
EV/EBITDA 0.4300 SGD 0.5500 SGD 0.6700 SGD 54
EV/Revenue 0.2000 SGD 0.2600 SGD 0.3200 SGD 43
Asset-Based
NCAV (Graham) 0.1100 SGD 0.1500 SGD 0.2200 SGD 50
Growth DCF
Growth DCF 0.2300 SGD 0.2700 SGD 0.3300 SGD 80
Rev-Margin DCF 0.2100 SGD 0.2800 SGD 0.3500 SGD 74
Economic Profit
Residual Income 0.1500 SGD 0.1500 SGD 0.1300 SGD 76
ROIC Compounder 0.1600 SGD 0.1800 SGD 0.1800 SGD 72
Growth Earnings
Growth-Adj P/E 0.2000 SGD 0.2900 SGD 0.3800 SGD 68

Widest divergence: Growth Earnings (0.2900 SGD) versus Asset-Based (0.1500 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 49.9M SGD
Revenue growth (YoY) +3.8%
Net margin 2.7%
Return on equity 5.9%
Free cash flow 2.1M SGD FY2026
P/E ratio 13.0
More key figures
Operating margin 4.6%
EPS (TTM) 0.0100 SGD
Dividend yield 4.6%
EPS growth (YoY) +11.8%

Figures from reported company fundamentals · as of Aug 19, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 73/100

Of which business quality 72 · Market factors (momentum, volatility) 40

Profitability 52
Margins and returns on capital today
Quality Growth 76
Are margins and returns improving?
Cashflow 57
Earnings quality: real cash, not paper profit
Fin. Strength 87
Balance sheet, leverage, solvency risk
Investment 89
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 26
Distance to the 52-week high (market factor)
Net Issuance 84
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

Jason Marine Group Limited, an investment holding company, provides marine electronic equipment and communication integration solutions for offshore vessels. It operates through Sale of Goods, Rendering of Services, and Airtime Revenue segments.

Full company description

Jason Marine Group Limited, an investment holding company, provides marine electronic equipment and communication integration solutions for offshore vessels. It operates through Sale of Goods, Rendering of Services, and Airtime Revenue segments. The Sale of Goods segment engages in the design, supply, integration, and installation of radio and satellite communication, navigation, and marine automation systems. The Rendering of Services segment offers equipment leasing, maintenance, and support services, which include repairs, troubleshooting, commissioning, radio surveys, and annual performance tests. The Airtime Revenue segment provides airtime services for satellite communication systems. The company offers CCTVs; PABX systems; PAGA systems for individual project specifications; GMDSS A3 solutions; VSAT systems; entertainment systems; local area network systems; Helideck monitoring and weather monitoring systems; UHF network systems; collision avoidance radar systems; microwave systems; and non-directional beacons. It also provides management consultancy services. In addition, the company offers navigation, communication, search and rescue, satellite communication, vessel monitoring system, ship health monitoring system, and integrated automation systems, as well as engages in the trading and servicing of communication. Further, it installs radio and satellite communication, navigation, and marine automation systems. The company operates in Singapore, Indonesia, Malaysia, the United Arab Emirates, the People's Republic of China, Cyprus, France, and internationally. Jason Marine Group Limited was founded in 1976 and is headquartered in Singapore.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

JASON MARINE GROUP LIMITED reported revenue of 49.9M SGD in FY2026 versus 30.9M SGD in FY2022, a compound +12.7%/yr. Reported net income was 1.3M SGD in FY2026, compounding +53.3%/yr from FY2022.

Growth Quality 77/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2026)
49.9M SGD
Latest YoY
+44.0%
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.
+18.1%
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.
+10.6%
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.
+0.0%
Revenue +12.7%/yr
FY22 30.9M SGD
FY23 30.3M SGD
FY24 48.6M SGD
FY25 34.7M SGD
FY26 49.9M SGD
Net income +53.3%/yr
FY22 240K SGD
FY23 140K SGD
FY24 92.0K SGD
FY25 777K SGD
FY26 1.3M SGD

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Cite: Fair Value Calculator (2026). "JASON MARINE GROUP LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/5PF

Peer Group

Scientific & Technical Instruments · 169 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 73 · Top 25%
Fair Value upside +177% · Top 25%
Return on equity (TTM) 6% · Above median
Return on assets 2% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 4% · Below median
Dividend yield (TTM) 4.6% · Top 25%

Valuation Multiples vs Scientific & Technical Instruments median · lower = cheaper

P/E (TTM) 13.0× · Cheaper than 75% of peers
P/B 0.63× · Cheaper than 75% of peers
P/S (TTM) 0.29× · Cheaper than 75% of peers
P/FCF 6.7× · Cheaper than median
EV/EBITDA 3.0× · Cheaper than 75% of peers

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 100 · sector 0
FUTURE 19 · sector 26
PAST 24 · sector 23
HEALTH 100 · sector 98
DIVIDEND 92 · sector 21

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 Scientific & Technical Instruments stocks, each showing price versus our Fair Value estimate (as of Aug 19, 2026).

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AVIC Chengdu Aircraft Company 302132 ¥57.89 ¥34.47 -40%
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Cognex Corporation CGNX $60.67 $19.25 -68%

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Frequently asked questions

Is JASON MARINE GROUP LIMITED (5PF) overvalued or undervalued?
As of Aug 19, 2026, our model estimates a fair value of 0.3600 SGD versus a price of 0.1300 SGD, about +177% (undervalued).
What is the fair value of 5PF?
Our model-based fair value for JASON MARINE GROUP LIMITED is 0.3600 SGD (as of Aug 19, 2026), built from audited fundamentals. The current price is 0.1300 SGD.
What is the quality score of 5PF?
JASON MARINE GROUP LIMITED has a Quality Score of 73/100. 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 JASON MARINE GROUP LIMITED (5PF)?
JASON MARINE GROUP LIMITED reported trailing-twelve-month revenue of about 49.9M SGD (latest available figure, as of Aug 19, 2026).
What is the net profit margin of 5PF?
The net profit margin of JASON MARINE GROUP LIMITED is about 2.7%, meaning it keeps roughly 2.7% of revenue as net income. Based on the latest reported figures.
Does JASON MARINE GROUP LIMITED pay a dividend?
JASON MARINE GROUP LIMITED currently shows a dividend yield of about 4.60% relative to its recent price (as of Aug 19, 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.

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