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NET PACIFIC FIN HLDGS LTD (5QY) Fair Value & Analysis

Financial Services · SG · Market cap 6.8M SGD

NP NET PACIFIC FIN HLDGS LTD 5QY · SG
Price0.0110 SGD
Fair Value0.0118 SGD
Upside+7.3%
Quality42/100
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Mixed Growth
Loss-making · -21.6% net margin
negative free cash flow
Trails peers (3/9)
Narrow moat 8/100
Evidence: Low Range 0.0118 SGD – 0.0130 SGD Share as image

Fair value as of: Aug 13, 2026

From 3 valuation models · updated 4 days ago

Share price −15.4% over the past month.

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

What matters now

  • The price is below even our cautious bear case (0.0118 SGD). The market is more pessimistic than our downside scenario.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • The models converge in a tight band (0.0118 SGD to 0.0130 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)

0.0410 SGD 0.0110 SGD Fair Value 0.0118 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 0.0110 SGD – 0.0410 SGD · fair‑value band 0.0118 SGD – 0.0130 SGD · the 0.0110 SGD price screens below the 0.0118 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

NET PACIFIC FIN HLDGS LTD (5QY) currently trades at 0.0110 SGD, while our model-based Fair Value estimate is 0.0118 SGD, implying the stock looks roughly 7.3% fairly valued today. The Quality Score stands at 42/100 (below-average quality), in the Financial Services 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, NET PACIFIC FIN HLDGS LTD generated revenue of 48.9M SGD at a net margin of -21.6%. Revenue grew 17.7% year over year. It earns a return on equity of -21.7%. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.0118 SGD (bear case) to 0.0130 SGD (bull case); at 0.0110 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 54% below its 52-week high and 10% above its 52-week low, currently below its 200-day average. For context, the median of 10 Financial Services peers we cover trades at -35% fair-value upside, at 7%, 5QY 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
Gordon GGM 0.0300 SGD 0.0400 SGD 0.0600 SGD 70
DDM Multi-Stage 0.0300 SGD 0.0400 SGD 0.0500 SGD 61
NCAV (Graham) 0.0700 SGD 0.1000 SGD 0.1500 SGD 50
All 3 models by family
Dividend Discount
Gordon GGM 0.0300 SGD 0.0400 SGD 0.0600 SGD 70
DDM Multi-Stage 0.0300 SGD 0.0400 SGD 0.0500 SGD 61
Asset-Based
NCAV (Graham) 0.0700 SGD 0.1000 SGD 0.1500 SGD 50

Widest divergence: Asset-Based (0.1000 SGD) versus Dividend Discount (0.0400 SGD). Highest evidence: Gordon GGM (70).

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Key figures & financial health

Revenue (TTM) 48.9M SGD
Revenue growth (YoY) +17.7%
Net margin -21.6%
Return on equity -21.7%
Free cash flow −17.6M SGD FY2024
Operating margin -18.9%
More key figures
EPS growth (YoY) -79.0%

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 46 · Market factors (momentum, volatility) 17

Profitability 4
Margins and returns on capital today
Quality Growth 60
Are margins and returns improving?
Cashflow 8
Earnings quality: real cash, not paper profit
Fin. Strength 81
Balance sheet, leverage, solvency risk
Investment 66
Disciplined investing over empire-building
Low Volatility 38
Calm price path (market factor)
Momentum 11
Price trend over the last 3–12 months (market factor)
52W Momentum 4
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

Net Pacific Holdings Limited, an investment holding company, provides various financial services and access to capital primarily to small and medium-sized enterprises (SMEs) in Singapore, the People's Republic of China, Hong Kong, and Australia. It operates through Financing Business; Luggage Business; and Golf Business segments.

Full company description

Net Pacific Holdings Limited, an investment holding company, provides various financial services and access to capital primarily to small and medium-sized enterprises (SMEs) in Singapore, the People's Republic of China, Hong Kong, and Australia. It operates through Financing Business; Luggage Business; and Golf Business segments. The Financing Business segment offers financing services, such as working capital financing, asset-backed loans, and mezzanine loans; and invests in companies. Its Luggage Business segment engages in the business of research, design, production and sale of travel hard case luggage in the North America, Asia Pacific, Middle East, and Europe. The Golf Business segment sells golf simulators; and operates indoor golf simulator venues in the People's Republic of China. The company was formerly known as Net Pacific Financial Holdings Limited and changed its name to Net Pacific Holdings Limited in November 2025. Net Pacific Holdings Limited was founded in 1987 and is based in Singapore.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

NET PACIFIC FIN HLDGS LTD reported revenue of 46.2M SGD in FY2024 versus 3.5M SGD in FY2020, a compound +91.2%/yr. Reported net income was −14.7M SGD in FY2024.

Growth Quality 36/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2024)
46.2M SGD
Latest YoY
+1,288.6%
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.
+140.7%
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.
+65.0%
Avg. growth/yr (11Y) 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%
Revenue +91.2%/yr
FY20 3.5M SGD
FY21 3.3M SGD
FY22 3.3M SGD
FY23 3.3M SGD
FY24 46.2M SGD
Net income
FY20 −6.3M SGD
FY21 535K SGD
FY22 −3.5M SGD
FY23 −4.9M SGD
FY24 −14.7M SGD

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Cite: Fair Value Calculator (2026). "NET PACIFIC FIN HLDGS LTD Fair Value". https://www.fairvalue-calculator.com/stock/5QY

Peer Group

Mortgage Finance · 91 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 45 · Bottom 25%
Fair Value upside −9% · Above median
Return on assets -15% · Bottom 25%
Net margin (TTM) -22% · Bottom 25%
Operating margin (TTM) -19% · Bottom 25%
Revenue growth 18% · Below median

Valuation Multiples vs Mortgage Finance median · lower = cheaper

P/B 0.07× · Cheaper than 75% of peers
P/S (TTM) 0.11× · 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 21 · sector 0
FUTURE 89 · sector 100
PAST 0 · sector 55
HEALTH 0 · sector 0
DIVIDEND 0 · sector 100

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.

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Frequently asked questions

Is NET PACIFIC FIN HLDGS LTD (5QY) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.0118 SGD versus a price of 0.0110 SGD, about +7% (fairly valued).
What is the fair value of 5QY?
Our model-based fair value for NET PACIFIC FIN HLDGS LTD is 0.0118 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.0110 SGD.
What is the quality score of 5QY?
NET PACIFIC FIN HLDGS LTD 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 NET PACIFIC FIN HLDGS LTD (5QY)?
NET PACIFIC FIN HLDGS LTD reported trailing-twelve-month revenue of about 48.9M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 5QY?
The net profit margin of NET PACIFIC FIN HLDGS LTD is about -21.6%, 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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