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Duty Free International Limited (5SO) Fair Value & Analysis

Consumer Cyclical · SG · Market cap 83.9M SGD

DF Duty Free International Limited 5SO · SG
Price0.0700 SGD
Fair Value0.0910 SGD
Upside+30.0%
Quality66/100
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Evidence: High Range 0.0700 SGD – 0.1050 SGD

Fair value as of: Jul 4, 2026

From 22 valuation models · updated today

Share price +2.9% over the past month.

Price vs Fair Value (12 months)

0.0950 SGD 0.0640 SGD Fair Value 0.0910 SGD Jul 2025 Jul 2026

12‑month range 0.0640 SGD – 0.0950 SGD · fair‑value band 0.0700 SGD – 0.1050 SGD · the 0.0700 SGD price screens below the 0.0910 SGD fair value. As of Jul 4, 2026.

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Analysis

Duty Free International Limited (5SO) currently trades at 0.0700 SGD, while our model-based Fair Value estimate is 0.0910 SGD — implying the stock looks roughly 30.0% undervalued today. We read business quality at 66/100 (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, Duty Free International Limited generated revenue of 213M SGD at a net margin of 10.3%. Revenue grew 108.1% year over year. It earns a return on equity of 6.5%. The stock trades on a trailing P/E of 7.0. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 213M SGD
Revenue growth (YoY) +108%
Net margin 10.3%
Return on equity 6.5%
Free cash flow 41.8M SGD FY2026
P/E ratio 7.0
More key figures
Operating margin 35.1%
EPS (TTM) 0.0100 SGD
Dividend yield 7.4%
EPS growth (YoY) +17.6%

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

Duty Free International Limited, an investment holding company, operates as a duty-free retailer under the Zon brand in Malaysia. It operates in Trading of Duty Free Goods and Non-Dutiable Merchandise; Manufacturing and Supplying of Automotive Component Parts; and Investment Holding and Others segments. The company engages in the wholesale, distribution, and retail of duty free and non-dutiable merchandise; manufacturing and supplying of automotive component parts; and properties management and cultivation of oil palm. Its duty-free retail outlets are located in airports, ferry terminals, seaports, border towns, and tourist destinations. The company was founded in 1978 and is based in Singapore. Duty Free International Limited operates as a subsidiary of Atlan Holdings Bhd.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Duty Free International Limited reported revenue of 213M SGD in FY2026 versus 99.1M SGD in FY2022, a compound +21.0%/yr. Reported net income was 21.8M SGD in FY2026.

Revenue +21.0%/yr
FY22 99.1M SGD
FY23 152M SGD
FY24 157M SGD
FY25 155M SGD
FY26 213M SGD
Net income
FY22 −3.6M SGD
FY23 15.6M SGD
FY24 14.0M SGD
FY25 53.6M SGD
FY26 21.8M SGD

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Frequently asked questions

Is Duty Free International Limited (5SO) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.0910 SGD versus a price of 0.0700 SGD — about +30% (undervalued). Model-based estimate, not financial advice.
What is the fair value of 5SO?
Our model-based fair value for Duty Free International Limited is 0.0910 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.0700 SGD.
What is the quality score of 5SO?
Duty Free International Limited has a Quality Score of 66/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Duty Free International Limited (5SO)?
Duty Free International Limited reported trailing-twelve-month revenue of about 213M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of 5SO?
The net profit margin of Duty Free International Limited is about 10.3%, meaning it keeps roughly 10.3% of revenue as net income. Based on the latest reported figures.
Does Duty Free International Limited pay a dividend?
Duty Free International Limited currently shows a dividend yield of about 7.35% relative to its recent price (as of Jul 4, 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.