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Thakral Corporation (AWI) Fair Value & Analysis

Consumer Cyclical · SG · Market cap 266M SGD

TC Thakral Corporation AWI · SG
Price1.75 SGD
Fair Value2.22 SGD
Upside+26.8%
Quality60/100
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Evidence: Medium Range 1.37 SGD – 6.71 SGD

Fair value as of: Jul 4, 2026

From 15 valuation models · updated today

Share price −3.8% over the past month.

Price vs Fair Value (12 months)

2.03 SGD 1.29 SGD Fair Value 2.22 SGD Jul 2025 Jul 2026

12‑month range 1.29 SGD – 2.03 SGD · fair‑value band 1.37 SGD – 6.71 SGD · the 1.75 SGD price screens below the 2.22 SGD fair value. As of Jul 4, 2026.

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Analysis

Thakral Corporation (AWI) currently trades at 1.75 SGD, while our model-based Fair Value estimate is 2.22 SGD — implying the stock looks roughly 26.8% undervalued today. We read business quality at 60/100 (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, Thakral Corporation generated revenue of 411M SGD at a net margin of 41.6%. Revenue grew 56.3% year over year. It earns a return on equity of 59.2%. Net debt stands at 42.5M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 411M SGD
Revenue growth (YoY) +56.3%
Net margin 41.6%
Return on equity 59.2%
Free cash flow −17.6M SGD FY2025
P/E ratio 1.3
More key figures
Operating margin 18.8%
EPS (TTM) 1.35 SGD
Dividend yield 3.1%
EPS growth (YoY) +247%
Net debt 42.5M SGD FY2025

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

About the company

Thakral Corporation Ltd, an investment holding company, markets and distributes beauty, fragrance, and lifestyle products in Singapore, India, rest of South Asia, the People's Republic of China, North America, Australia, Japan, and internationally. It operates through three segments: Investment, Lifestyle, and Others. The company also offers fragrance under the Maison Margiela, Atelier Cologne, Ralph Lauren, Viktor & Rolf, Miu Miu, and Mugler brand; coffee under the Nespresso brand; and drones and accessories, as well as invests in real estate. In addition, it engages in the origination, execution, and management of investment opportunities; sales and servicing of electronic security equipment; and development and management of lifestyle resorts under the GemLife brand. The company was incorporated in 1993 and is based in Singapore. Thakral Corporation Ltd is a subsidiary of Thakral Group Limited.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Thakral Corporation reported revenue of 411M SGD in FY2025 versus 128M SGD in FY2021, a compound +33.9%/yr. Reported net income was 171M SGD in FY2025, compounding +77.4%/yr from FY2021.

Revenue +33.9%/yr
FY21 128M SGD
FY22 160M SGD
FY23 212M SGD
FY24 289M SGD
FY25 411M SGD
Net income +77.4%/yr
FY21 17.3M SGD
FY22 18.6M SGD
FY23 8.2M SGD
FY24 28.8M SGD
FY25 171M SGD

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Frequently asked questions

Is Thakral Corporation (AWI) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 2.22 SGD versus a price of 1.75 SGD — about +27% (undervalued). Model-based estimate, not financial advice.
What is the fair value of AWI?
Our model-based fair value for Thakral Corporation is 2.22 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 1.75 SGD.
What is the quality score of AWI?
Thakral Corporation has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Thakral Corporation (AWI)?
Thakral Corporation reported trailing-twelve-month revenue of about 411M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of AWI?
The net profit margin of Thakral Corporation is about 41.6%, meaning it keeps roughly 41.6% of revenue as net income. Based on the latest reported figures.
Does Thakral Corporation pay a dividend?
Thakral Corporation currently shows a dividend yield of about 3.09% 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.