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Aspial Corporation (A30) Fair Value & Analysis

Consumer Cyclical · SG · Market cap 322M SGD

AC Aspial Corporation A30 · SG
Price0.1440 SGD
Fair Value0.2300 SGD
Upside+59.7%
Quality53/100
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Evidence: Medium Range 0.1700 SGD – 0.2900 SGD

Fair value as of: Jul 4, 2026

From 16 valuation models · updated today

Share price −11.7% over the past month.

Price vs Fair Value (12 months)

0.1660 SGD 0.0670 SGD Fair Value 0.2300 SGD Jul 2025 Jul 2026

12‑month range 0.0670 SGD – 0.1660 SGD · fair‑value band 0.1700 SGD – 0.2900 SGD · the 0.1440 SGD price screens below the 0.2300 SGD fair value. As of Jul 4, 2026.

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Analysis

Aspial Corporation (A30) currently trades at 0.1440 SGD, while our model-based Fair Value estimate is 0.2300 SGD — implying the stock looks roughly 59.7% undervalued today. We read business quality at 53/100 (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: medium) — always confirm before acting.

Over the trailing twelve months, Aspial Corporation generated revenue of 876M SGD at a net margin of 2.5%. Revenue grew 26.0% year over year. It earns a return on equity of 9.5%. Net debt stands at 1.2B SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 876M SGD
Revenue growth (YoY) +26.0%
Net margin 2.5%
Return on equity 9.5%
Free cash flow −26.1M SGD FY2025
P/E ratio 14.5
More key figures
Operating margin 3.8%
EPS (TTM) 0.0100 SGD
EPS growth (YoY) +59.2%
Net debt 1.2B SGD FY2025

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

About the company

Aspial Corporation Limited, an investment holding company, operates in the real estate, financial service, and jewelry businesses in Singapore, Australia, Malaysia, Greater China, and Europe, and internationally. It operates through Retail Business, Real Estate Business, Financial service Business, and Others segments. The company is involved in the provision of pawn brokerage and secured lending services; retail and trading of pre-loved jewelry, timepieces, and bags; and branded merchandise. It also operates the jewelry retail business under the Maxi-cash, Lee Hwa, Goldheart Jewelry, and Niessing brands. In addition, the company engages in the rental of properties and provision of management and other support services; property management and development; and jewelry manufacturing and wholesaling activities, as well as operates and manages hotels; and resorts and serviced residences. Further, it offers real estate consultancy services; and treasury services. The company was …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Aspial Corporation reported revenue of 876M SGD in FY2025 versus 417M SGD in FY2021, a compound +20.4%/yr. Reported net income was 30.1M SGD in FY2025.

Revenue +20.4%/yr
FY21 417M SGD
FY22 506M SGD
FY23 600M SGD
FY24 678M SGD
FY25 876M SGD
Net income
FY21 −363K SGD
FY22 −14.7M SGD
FY23 −22.2M SGD
FY24 12.1M SGD
FY25 30.1M SGD

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Frequently asked questions

Is Aspial Corporation (A30) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.2300 SGD versus a price of 0.1440 SGD — about +60% (undervalued). Model-based estimate, not financial advice.
What is the fair value of A30?
Our model-based fair value for Aspial Corporation is 0.2300 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.1440 SGD.
What is the quality score of A30?
Aspial Corporation has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Aspial Corporation (A30)?
Aspial Corporation reported trailing-twelve-month revenue of about 876M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of A30?
The net profit margin of Aspial Corporation is about 2.5%, meaning it keeps roughly 2.5% 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.

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