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Atlantic Navigation Holdings (Singapore) Limited (5UL) Fair Value & Analysis

Industrials · SG · Market cap 61.3M SGD

AN Atlantic Navigation Holdings (Singapore) Limited 5UL · SG
Price0.1140 SGD
Fair Value0.1181 SGD
Upside+3.6%
Quality84/100
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Weak Growth
Highly profitable · 30.7% net margin
Low debt · generates free cash flow
Ranks above peers (8/13)
Wide moat 66/100
Evidence: High Range 0.1181 SGD – 0.2953 SGD Share as image

Fair value as of: Aug 13, 2026

From 22 valuation models · updated 4 days ago

Fair value updated Aug 13, 2026, revised from 0.1000 SGD to 0.1181 SGD (+18.1%) since Aug 9, 2026. Share price +3.6% over the past month.

A strong business, currently priced close to our fair value.

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What matters now

  • The price is below even our cautious bear case (0.1181 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.
  • A fairly wide model range (0.1181 SGD to 0.2953 SGD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

0.2529 SGD 0.0243 SGD Fair Value 0.1181 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 0.0243 SGD – 0.2529 SGD · fair‑value band 0.1181 SGD – 0.2953 SGD · the 0.1140 SGD price screens below the 0.1181 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Atlantic Navigation Holdings (Singapore) Limited (5UL) currently trades at 0.1140 SGD, while our model-based Fair Value estimate is 0.1181 SGD, implying the stock looks roughly 3.6% fairly valued today. The Quality Score stands at 84/100 (high 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: high), always confirm before acting.

Over the trailing twelve months, Atlantic Navigation Holdings (Singapore) Limited generated revenue of 20.4M SGD at a net margin of 30.7%. Revenue grew 126.4% year over year. It earns a return on equity of 23.4%. Net debt stands at 49.5M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.1181 SGD (bear case) to 0.2953 SGD (bull case); at 0.1140 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 23% below its 52-week high and 192% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at 7% fair-value upside, at 4%, 5UL screens richer 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 0.1700 SGD 0.1900 SGD 0.2400 SGD 80
Residual Income 0.0600 SGD 0.0900 SGD 0.4600 SGD 76
Rev-Margin DCF 0.1200 SGD 0.1400 SGD 0.1800 SGD 74
All 22 models by family
DCF Models
FCF DCF 0.1600 SGD 0.1900 SGD 0.2400 SGD 38
Owner Earnings 0.1500 SGD 0.1800 SGD 0.2300 SGD 31
5Y Revenue Exit 0.1200 SGD 0.1400 SGD 0.1700 SGD 39
5Y EBITDA Exit 0.1500 SGD 0.1900 SGD 0.2500 SGD 41
5Y P/E Exit 0.1800 SGD 0.2500 SGD 0.3300 SGD 38
10Y Revenue Exit 0.1400 SGD 0.1600 SGD 0.1700 SGD 36
10Y EBITDA Exit 0.1600 SGD 0.1800 SGD 0.2100 SGD 37
10Y P/E Exit 0.1700 SGD 0.2100 SGD 0.2500 SGD 35
Earnings-Based
Graham-Dodd 0.0800 SGD 0.1100 SGD 0.1300 SGD 54
EPV 0.0800 SGD 0.0900 SGD 0.0900 SGD 59
Multiples
P/E Multiple 0.1900 SGD 0.2500 SGD 0.3100 SGD 63
P/S Multiple 0.0600 SGD 0.0800 SGD 0.1000 SGD 58
P/B Multiple 0.1300 SGD 0.1700 SGD 0.2100 SGD 55
EV/EBIT 0.1400 SGD 0.1700 SGD 0.2000 SGD 53
EV/EBITDA 0.1500 SGD 0.1900 SGD 0.2300 SGD 54
EV/Revenue 0.0900 SGD 0.1100 SGD 0.1300 SGD 43
Asset-Based
NCAV (Graham) 0.0200 SGD 0.0300 SGD 0.0400 SGD 50
Growth DCF
Growth DCF 0.1700 SGD 0.1900 SGD 0.2400 SGD 80
Rev-Margin DCF 0.1200 SGD 0.1400 SGD 0.1800 SGD 74
Economic Profit
Residual Income 0.0600 SGD 0.0900 SGD 0.4600 SGD 76
ROIC Compounder 0.0800 SGD 0.0900 SGD 0.0900 SGD 72
Growth Earnings
Growth-Adj P/E 0.1300 SGD 0.1900 SGD 0.2500 SGD 68

Widest divergence: Growth Earnings (0.1900 SGD) versus Asset-Based (0.0300 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 20.4M SGD
Revenue growth (YoY) +126%
Net margin 30.7%
Return on equity 23.4%
Free cash flow 8.9M SGD FY2025
P/E ratio 5.7
More key figures
Operating margin 10.3%
EPS (TTM) 0.0200 SGD
EPS growth (YoY) -91.1%
Net debt 49.5M SGD FY2023

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

Quality Score breakdown

Overall quality 84/100

Of which business quality 83 · Market factors (momentum, volatility) 61

Profitability 76
Margins and returns on capital today
Quality Growth 50
Are margins and returns improving?
Cashflow 91
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 54
Price trend over the last 3–12 months (market factor)
52W Momentum 84
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

Atlantic Navigation Holdings (Singapore) Limited, an investment holding company, provides marine logistic services, ship repair, fabrication, and other marine services in Qatar, Saudi Arabia, Oman, and internationally.

Full company description

Atlantic Navigation Holdings (Singapore) Limited, an investment holding company, provides marine logistic services, ship repair, fabrication, and other marine services in Qatar, Saudi Arabia, Oman, and internationally. The Marine Logistics Services segment offers ship chartering, technical, commercial, crewing and chartering project management services for the offshore oil and gas and marine construction industries. This segment also cross-charter vessels from third parties to serve the needs of its customers; and offers various services supporting the exploration, construction and development, maintenance, production, and post-production phases of offshore oil and gas, as well as chandlery services. The Ship Repair, Fabrication, and Other Marine Services segment provide afloat and drydock repair and maintenance of marine equipment, engines, and heavy machines, as well as related marine services. This segment also offers steel fabrication works for the ship repairs industry, including mobile drilling rigs; and provides mechanical, electrical, air-condition, and steel works; blasting and painting; and carpentry services. In addition, it offers logistics services; marine equipment, maintenance ships and boats repairing; project work and ship management services, as well as trades in marine equipment spare parts. The company serves various oil companies, contractors, survey companies, ship owners, shipyards, and charterers. Atlantic Navigation Holdings (Singapore) Limited was founded in 1997 and is based in Singapore. Atlantic Navigation Holdings (Singapore) Limited is a subsidiary of Hsbc (Singapore) Nominees Pte Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Atlantic Navigation Holdings (Singapore) Limited reported revenue of 20.4M SGD in FY2025 versus 43.8M SGD in FY2021, a compound −17.4%/yr. Reported net income was 6.3M SGD in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
20.4M SGD
Latest YoY
+110.3%
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.
−32.0%
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.
−20.5%
Avg. growth/yr (17Y) 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.
−21.7%
Revenue −17.4%/yr
FY21 43.8M SGD
FY22 64.9M SGD
FY23 9.0M SGD
FY24 9.7M SGD
FY25 20.4M SGD
Net income
FY21 −13.2M SGD
FY22 11.2M SGD
FY23 18.1M SGD
FY24 54.1M SGD
FY25 6.3M SGD

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Cite: Fair Value Calculator (2026). "Atlantic Navigation Holdings (Singapore) Limited Fair Value". https://www.fairvalue-calculator.com/stock/5UL

Peer Group

Marine Shipping · 232 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 84 · Top 25%
Fair Value upside +4% · Above median
Return on equity (TTM) 23% · Top 25%
Return on assets 5% · Above median
Net margin (TTM) 31% · Top 25%
Operating margin (TTM) 10% · Below median
Revenue growth 126% · Top 25%

Valuation Multiples vs Marine Shipping median · lower = cheaper

P/E (TTM) 5.7× · Cheaper than 75% of peers
P/B 2.40× · Pricier than 75% of peers
P/S (TTM) 2.35× · Pricier than median
P/FCF 5.4× · Pricier than median
EV/EBITDA 6.7× · Pricier 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 38 · sector 19
FUTURE 100 · sector 19
PAST 93 · sector 27
HEALTH 100 · sector 88
DIVIDEND 0 · sector 56

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 Marine Shipping stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Adani Ports and Special Economic Zone Limited ADANIPORTS ₹1,658 ₹1,041 -37%
A.P. Møller - Mærsk A/S MAERSKA kr 16,810 kr 3,033 -82%
COSCO SHIPPING Holdings 601919 ¥15.25 ¥49.90 +227%
HMM Co 011200 21,350 KRW 33,795 KRW +58%
JSW Infrastructure Limited JSWINFRA ₹346.60 ₹126.31 -64%
Wan Hai Lines Ltd 2615 87.10 TWD 212.79 TWD +144%
PT Transcoal Pacific Tbk, a shipping company, TCPI 3,640 IDR 368.32 IDR -90%
Pan Ocean Co 028670 5,630 KRW 11,840 KRW +110%
Sociedad Matriz SAAM S.A SMSAAM 137.00 CLP 146.51 CLP +7%
PT Ancara Logistics Indonesia Tbk ALII 795.00 IDR 350.80 IDR -56%

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Frequently asked questions

Is Atlantic Navigation Holdings (Singapore) Limited (5UL) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.1181 SGD versus a price of 0.1140 SGD, about +4% (fairly valued).
What is the fair value of 5UL?
Our model-based fair value for Atlantic Navigation Holdings (Singapore) Limited is 0.1181 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.1140 SGD.
What is the quality score of 5UL?
Atlantic Navigation Holdings (Singapore) Limited has a Quality Score of 84/100. 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 Atlantic Navigation Holdings (Singapore) Limited (5UL)?
Atlantic Navigation Holdings (Singapore) Limited reported trailing-twelve-month revenue of about 20.4M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of 5UL?
The net profit margin of Atlantic Navigation Holdings (Singapore) Limited is about 30.7%, meaning it keeps roughly 30.7% of revenue as net income. 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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