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IPC Corporation (AZA) Fair Value & Analysis

Real Estate · SG · Market cap 13.2M SGD

IC IPC Corporation AZA · SG
Price0.1550 SGD
Fair Value0.1200 SGD
Upside-22.6%
Quality45/100
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Evidence: Low Range 0.0800 SGD – 0.1600 SGD

Fair value as of: Jul 4, 2026

From 1 valuation models · updated today

Share price +2.6% over the past month.

Price vs Fair Value (12 months)

0.1930 SGD 0.1210 SGD Fair Value 0.1200 SGD Jul 2025 Jul 2026

12‑month range 0.1210 SGD – 0.1930 SGD · fair‑value band 0.0800 SGD – 0.1600 SGD · the 0.1550 SGD price screens above the 0.1200 SGD fair value. As of Jul 4, 2026.

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Analysis

IPC Corporation (AZA) currently trades at 0.1550 SGD, while our model-based Fair Value estimate is 0.1200 SGD — implying the stock looks roughly 22.6% overvalued today. We read business quality at 45/100 (below-average quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at 1.9M SGD. Revenue declined 4.8% year over year. It earns a return on equity of -7.0%. Net debt stands at 4.7M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 1.9M SGD
Revenue growth (YoY) -4.8%
Net margin -170%
Return on equity -7.0%
Free cash flow −5.6M SGD FY2025
Operating margin -322%
More key figures
EPS (TTM) -0.0400 SGD
EPS growth (YoY) +34.0%
Net debt 4.7M SGD FY2024

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

About the company

IPC Corporation Ltd, an investment holding company, engages in property development and investment activities in Singapore, Japan, and China. It operates through Properties, Hotel Management, Investment, and Others segments. The company invests in and resells properties; and offers property consulting services. It also provides hospitality services; operates fast food outlets; and manufactures food products. In addition, the company offers hotel and club management services. IPC Corporation Ltd was incorporated in 1985 and is based in Singapore.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

IPC Corporation reported revenue of 1.9M SGD in FY2025 versus 4.2M SGD in FY2021, a compound −17.6%/yr. Reported net income was −3.3M SGD in FY2025.

Revenue −17.6%/yr
FY21 4.2M SGD
FY22 1.5M SGD
FY23 3.2M SGD
FY24 2.2M SGD
FY25 1.9M SGD
Net income
FY21 −8.8M SGD
FY22 −7.5M SGD
FY23 −631K SGD
FY24 6.1M SGD
FY25 −3.3M SGD

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Similar stocks

6 more Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Jul 4, 2026).

Stock Price Fair Value vs Fair Value
Vingroup Joint Stock Company VIC 219,800 VND 33,299 VND -85%
CBRE Group CBRE $134.58 $67.17 -50%
KE Holdings 2423 HK$38.90 HK$17.91 -54%
Swire Properties Limited 1972 HK$20.40 HK$18.75 -8%
China Resources Mixc Lifestyle Services Limited 1209 HK$36.68 HK$34.70 -5%
Plaza S.A MALLPLAZA 3,800 CLP 5,905 CLP +55%

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Frequently asked questions

Is IPC Corporation (AZA) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.1200 SGD versus a price of 0.1550 SGD — about −23% (overvalued). Model-based estimate, not financial advice.
What is the fair value of AZA?
Our model-based fair value for IPC Corporation is 0.1200 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.1550 SGD.
What is the quality score of AZA?
IPC Corporation has a Quality Score of 45/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of IPC Corporation (AZA)?
IPC Corporation reported trailing-twelve-month revenue of about 1.9M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of AZA?
The net profit margin of IPC Corporation is about -170.2%, 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.

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