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Bonvests Holdings (B28) Fair Value & Analysis

Consumer Cyclical · SG · Market cap 395M SGD

BH Bonvests Holdings B28 · SG
Price0.9850 SGD
Fair Value0.8500 SGD
Upside-13.7%
Quality65/100
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Evidence: High Range 0.6000 SGD – 1.07 SGD

Fair value as of: Jul 4, 2026

From 25 valuation models · updated today

Share price +2.6% over the past month.

Price vs Fair Value (12 months)

1.03 SGD 0.8891 SGD Fair Value 0.8500 SGD Jul 2025 Jul 2026

12‑month range 0.8891 SGD – 1.03 SGD · fair‑value band 0.6000 SGD – 1.07 SGD · the 0.9850 SGD price screens above the 0.8500 SGD fair value. As of Jul 4, 2026.

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Analysis

Bonvests Holdings (B28) currently trades at 0.9850 SGD, while our model-based Fair Value estimate is 0.8500 SGD — implying the stock looks roughly 13.7% overvalued today. We read business quality at 65/100 (solid quality), in the Consumer Cyclical 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: high).

Over the trailing twelve months, Bonvests Holdings generated revenue of 229M SGD at a net margin of 8.5%. Revenue grew 5.5% year over year. It earns a return on equity of 2.3%. Net debt stands at 295M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 229M SGD
Revenue growth (YoY) +5.5%
Net margin 8.5%
Return on equity 2.3%
Free cash flow 35.5M SGD FY2025
P/E ratio 19.7
More key figures
Operating margin 13.2%
EPS (TTM) 0.0500 SGD
Dividend yield 1.3%
EPS growth (YoY) +340%
Net debt 295M SGD FY2025

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

About the company

Bonvests Holdings Limited, an investment holding company, engages in hotel ownership and management, property development and investment, and waste management and contract cleaning businesses. The company operates through Rental, Hotel, Industrial, Investment, Development, and Others segments. It owns, manages, and lets various commercial and residential properties. The company engages in the operation of the golf course, hotels and restaurants, resorts, bars, spas and thalassotherapy centers, and food and beverage outlets; and securities trading and investment holding activities. In addition, the company offers business and management, and public relations consultancy services; trustee services; sales and marketing support; contract cleaning; and waste management services, such as waste disposal services to commercial, industrial, and residential properties, as well as other waste disposal related services. It operates in Singapore, Maldives, Africa, Australia, and …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Bonvests Holdings reported revenue of 228M SGD in FY2025 versus 134M SGD in FY2021, a compound +14.2%/yr. Reported net income was 19.4M SGD in FY2025, compounding +12.2%/yr from FY2021.

Revenue +14.2%/yr
FY21 134M SGD
FY22 209M SGD
FY23 217M SGD
FY24 224M SGD
FY25 228M SGD
Net income +12.2%/yr
FY21 12.3M SGD
FY22 20.7M SGD
FY23 7.2M SGD
FY24 1.9M SGD
FY25 19.4M SGD

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Similar stocks

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

Stock Price Fair Value vs Fair Value
Marriott International, Inc MAR $384.19 $135.68 -65%
Hilton Worldwide Holdings HLT $343.83 $123.66 -64%
InterContinental Hotels Group IHG $171.02 $76.89 -55%
Hyatt Hotels Corporation H $185.21 $129.11 -30%
H World Group H1TH34 R$62.64 R$59.49 -5%
Accor SA ACRFF $57.35 $32.74 -43%

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Frequently asked questions

Is Bonvests Holdings (B28) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.8500 SGD versus a price of 0.9850 SGD — about −14% (overvalued). Model-based estimate, not financial advice.
What is the fair value of B28?
Our model-based fair value for Bonvests Holdings is 0.8500 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.9850 SGD.
What is the quality score of B28?
Bonvests Holdings has a Quality Score of 65/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Bonvests Holdings (B28)?
Bonvests Holdings reported trailing-twelve-month revenue of about 229M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of B28?
The net profit margin of Bonvests Holdings is about 8.5%, meaning it keeps roughly 8.5% of revenue as net income. Based on the latest reported figures.
Does Bonvests Holdings pay a dividend?
Bonvests Holdings currently shows a dividend yield of about 1.26% 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.