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BANYAN TREE HOLDINGS LIMITED (B58) Fair Value & Analysis

Consumer Cyclical · SG · Market cap 486M SGD

BT BANYAN TREE HOLDINGS LIMITED B58 · SG
Price0.5400 SGD
Fair Value0.9300 SGD
Upside+72.2%
Quality40/100
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Expensive Growth
Thin margins · 8.9% net margin
Low debt · negative free cash flow
2.52% dividend yield
Ranks above peers (11/14)
Narrow moat 39/100
Evidence: Medium Range 0.6900 SGD – 1.21 SGD Share as image

Fair value as of: Aug 13, 2026

From 15 valuation models · updated 4 days ago

Share price −2.7% over the past month.

Below-average quality, screening 72% undervalued on our models.

What matters now

  • The large discount to fair value meets weak quality (40/100). That raises the risk this is a value trap rather than a bargain.
  • The price is below even our cautious bear case (0.6900 SGD). The market is more pessimistic than our downside scenario.
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Price vs Fair Value (5 years)

0.6994 SGD 0.2325 SGD Fair Value 0.9300 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 0.2325 SGD – 0.6994 SGD · fair‑value band 0.6900 SGD – 1.21 SGD · the 0.5400 SGD price screens below the 0.9300 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

BANYAN TREE HOLDINGS LIMITED (B58) currently trades at 0.5400 SGD, while our model-based Fair Value estimate is 0.9300 SGD, implying the stock looks roughly 72.2% undervalued today. The Quality Score stands at 40/100 (below-average 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, BANYAN TREE HOLDINGS LIMITED generated revenue of 477M SGD at a net margin of 8.9%. Revenue grew 35.0% year over year. It earns a return on equity of 6.2%. Net debt stands at 309M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.6900 SGD (bear case) to 1.21 SGD (bull case); at 0.5400 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 21% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 8% fair-value upside, at 72%, B58 screens cheaper 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
Residual Income 0.6700 SGD 0.6600 SGD 0.6000 SGD 76
ROIC Compounder 0.4700 SGD 0.5600 SGD 0.6300 SGD 72
Growth-Adj P/E 0.6500 SGD 0.9300 SGD 1.21 SGD 68
All 15 models by family
DCF Models
Owner Earnings 0.1800 SGD 0.4100 SGD 0.7600 SGD 31
Earnings-Based
Graham-Dodd 0.3300 SGD 1.51 SGD 2.07 SGD 54
Lynch FV 0.3900 SGD 0.5600 SGD 0.7300 SGD 50
PEG = 1.0 0.3900 SGD 0.5600 SGD 0.7300 SGD 46
EPV 0.4700 SGD 0.5600 SGD 0.6300 SGD 59
Multiples
P/E Multiple 0.8100 SGD 1.08 SGD 1.35 SGD 63
P/S Multiple 0.5000 SGD 0.6600 SGD 0.8300 SGD 58
P/B Multiple 0.6200 SGD 0.8300 SGD 1.04 SGD 55
EV/EBIT 1.04 SGD 1.44 SGD 1.84 SGD 53
EV/EBITDA 1.01 SGD 1.40 SGD 1.79 SGD 54
EV/Revenue 0.2900 SGD 0.4900 SGD 0.6900 SGD 43
Asset-Based
NCAV (Graham) 0.4600 SGD 0.6100 SGD 0.9100 SGD 50
Economic Profit
Residual Income 0.6700 SGD 0.6600 SGD 0.6000 SGD 76
ROIC Compounder 0.4700 SGD 0.5600 SGD 0.6300 SGD 72
Growth Earnings
Growth-Adj P/E 0.6500 SGD 0.9300 SGD 1.21 SGD 68

Widest divergence: Growth Earnings (0.9300 SGD) versus DCF Models (0.4100 SGD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 477M SGD
Revenue growth (YoY) +35.0%
Net margin 8.9%
Return on equity 6.2%
Free cash flow −51.4M SGD FY2025
P/E ratio 10.8
More key figures
Operating margin 19.5%
EPS (TTM) 0.0500 SGD
Dividend yield 2.5%
EPS growth (YoY) -7.0%
Net debt 309M SGD FY2025

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

Quality Score breakdown

Overall quality 40/100

Of which business quality 38 · Market factors (momentum, volatility) 46

Profitability 29
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 6
Earnings quality: real cash, not paper profit
Fin. Strength 33
Balance sheet, leverage, solvency risk
Investment 32
Disciplined investing over empire-building
Low Volatility 88
Calm price path (market factor)
Momentum 26
Price trend over the last 3–12 months (market factor)
52W Momentum 30
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

Banyan Tree Holdings Limited, an investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally. It operates through Hotel Investments, Residences, and Fee-Based segments.

Full company description

Banyan Tree Holdings Limited, an investment holding company, operates as a hospitality company in Singapore, rest of South East Asia, Indian Oceania, the Middle East, North East Asia, and internationally. It operates through Hotel Investments, Residences, and Fee-Based segments. The company owns and manages hotels under the Banyan Tree, Angsana, and Cassia brands; sells hotel villas or apartments to investors under a leaseback scheme; and develops and sells vacation homes in Laguna Phuket, as well as develops and sells land. It is also involved in the management and operation of resorts and spas; tourist transportation activities; management and ownership of golf courses, and rental of retail outlets and offices; management of asset-backed destination club and a private equity fund; sale of merchandise; holding land plots for future development; farming and restaurant business; health leisure activities; and spa and gallery related businesses. In addition, the company provides architectural, design, purchasing, project coordination, and technical services for hotels, resorts, and spas, as well as consultancy and marketing services; laundry services; ancillary services related to the hospitality industry; and holiday club membership and property development services. Banyan Tree Holdings Limited was founded in 1984 and is based in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BANYAN TREE HOLDINGS LIMITED reported revenue of 477M SGD in FY2025 versus 221M SGD in FY2021, a compound +21.2%/yr. Reported net income was 42.5M SGD in FY2025.

Growth Quality 58/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2025)
477M SGD
Latest YoY
+25.4%
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.
+20.7%
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.
+24.8%
Avg. growth/yr (12Y) 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.
+2.5%
Revenue +21.2%/yr
FY21 221M SGD
FY22 271M SGD
FY23 328M SGD
FY24 381M SGD
FY25 477M SGD
Net income
FY21 −55.2M SGD
FY22 767K SGD
FY23 31.7M SGD
FY24 42.1M SGD
FY25 42.5M SGD

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Cite: Fair Value Calculator (2026). "BANYAN TREE HOLDINGS LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/B58

Peer Group

Resorts & Casinos · 76 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 40 · Bottom 25%
Fair Value upside +72% · Top 25%
Return on equity (TTM) 6% · Above median
Return on assets 2% · Above median
Net margin (TTM) 9% · Above median
Operating margin (TTM) 19% · Top 25%
Revenue growth 35% · Top 25%
Dividend yield (TTM) 2.5% · Below median
Debt / equity 0.33× · Lower than median

Valuation Multiples vs Resorts & Casinos median · lower = cheaper

P/E (TTM) 10.8× · Cheaper than 75% of peers
P/B 0.48× · Cheaper than 75% of peers
P/S (TTM) 0.80× · Cheaper than median
EV/EBITDA 5.1× · Cheaper than median
PEG 10.80× · Pricier than 75% of peers

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 100 · sector 30
FUTURE 100 · sector 30
PAST 25 · sector 19
HEALTH 84 · sector 83
DIVIDEND 50 · sector 53

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

Gambling

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Resorts & Casinos stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Las Vegas Sands Corp LVS $45.68 $51.60 +13%
Galaxy Entertainment Group 0027 HK$34.20 HK$40.46 +18%
Sands China Ltd 1928 HK$14.34 HK$2.05 -86%
MGM Resorts International, through its subsidiaries, MGM $43.98 $17.73 -60%
Wynn Resorts, Limited WYNN $102.97 $69.39 -33%
Red Rock Resorts, Inc RRR $63.09 $18.01 -71%
Boyd Gaming Corporation BYD $82.98 $151.24 +82%
Caesars Entertainment, Inc CZR $29.74 $80.92 +172%
Genting Singapore Limited G13 0.6400 SGD 0.6900 SGD +8%
Vail Resorts, Inc MTN $148.36 $132.94 -10%

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Frequently asked questions

Is BANYAN TREE HOLDINGS LIMITED (B58) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.9300 SGD versus a price of 0.5400 SGD, about +72% (undervalued).
What is the fair value of B58?
Our model-based fair value for BANYAN TREE HOLDINGS LIMITED is 0.9300 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.5400 SGD.
What is the quality score of B58?
BANYAN TREE HOLDINGS LIMITED has a Quality Score of 40/100. 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 BANYAN TREE HOLDINGS LIMITED (B58)?
BANYAN TREE HOLDINGS LIMITED reported trailing-twelve-month revenue of about 477M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of B58?
The net profit margin of BANYAN TREE HOLDINGS LIMITED is about 8.9%, meaning it keeps roughly 8.9% of revenue as net income. Based on the latest reported figures.
Does BANYAN TREE HOLDINGS LIMITED pay a dividend?
BANYAN TREE HOLDINGS LIMITED currently shows a dividend yield of about 2.52% relative to its recent price (as of Aug 13, 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.

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