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LION ASIAPAC LTD (BAZ) Fair Value & Analysis

Basic Materials · SG · Market cap 19.9M SGD

LA LION ASIAPAC LTD BAZ · SG
Price0.2650 SGD
Fair Value0.6600 SGD
Upside+149.1%
Quality58/100
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Weak Growth
Loss-making · -28.4% net margin
generates free cash flow
Mixed vs. peers (6/11)
Narrow moat 6/100
Evidence: Medium Range 0.4900 SGD – 0.8300 SGD Share as image

Fair value as of: Aug 13, 2026

From 12 valuation models · updated 4 days ago

Share price −11.7% over the past month.

A solid business, screening 149% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.4900 SGD). The market is more pessimistic than our downside scenario.
  • Solid quality (58/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

0.3113 SGD 0.1301 SGD Fair Value 0.6600 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 0.1301 SGD – 0.3113 SGD · fair‑value band 0.4900 SGD – 0.8300 SGD · the 0.2650 SGD price screens below the 0.6600 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

LION ASIAPAC LTD (BAZ) currently trades at 0.2650 SGD, while our model-based Fair Value estimate is 0.6600 SGD, implying the stock looks roughly 149.1% undervalued today. The Quality Score stands at 58/100 (solid quality), in the Basic Materials 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, LION ASIAPAC LTD generated revenue of 24.5M SGD at a net margin of -28.4%. Revenue grew 23.6% year over year. It earns a return on equity of -0.7%. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.4900 SGD (bear case) to 0.8300 SGD (bull case); at 0.2650 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 18% below its 52-week high and 29% above its 52-week low, currently below its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -60% fair-value upside, at 149%, BAZ 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
Growth DCF 0.7700 SGD 0.8400 SGD 0.9500 SGD 72
Gordon GGM 0.7000 SGD 0.7400 SGD 0.8100 SGD 70
Rev-Margin DCF 0.7100 SGD 0.8100 SGD 0.9300 SGD 67
All 12 models by family
DCF Models
FCF DCF 0.7600 SGD 0.8400 SGD 0.9700 SGD 38
5Y Revenue Exit 0.7100 SGD 0.8000 SGD 0.9300 SGD 39
5Y EBITDA Exit 0.6200 SGD 0.6400 SGD 0.6600 SGD 41
10Y Revenue Exit 0.7300 SGD 0.7900 SGD 0.8500 SGD 36
10Y EBITDA Exit 0.6900 SGD 0.7100 SGD 0.7200 SGD 37
Dividend Discount
Gordon GGM 0.7000 SGD 0.7400 SGD 0.8100 SGD 70
DDM Multi-Stage 0.7000 SGD 0.8100 SGD 0.9400 SGD 61
Multiples
EV/EBITDA 0.4900 SGD 0.5000 SGD 0.5100 SGD 54
EV/Revenue 0.6900 SGD 0.7800 SGD 0.8800 SGD 43
Asset-Based
NCAV (Graham) 0.3600 SGD 0.4900 SGD 0.7200 SGD 50
Growth DCF
Growth DCF 0.7700 SGD 0.8400 SGD 0.9500 SGD 72
Rev-Margin DCF 0.7100 SGD 0.8100 SGD 0.9300 SGD 67

Widest divergence: Growth DCF (0.8100 SGD) versus Asset-Based (0.4900 SGD). Highest evidence: Growth DCF (72).

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Key figures & financial health

Revenue (TTM) 24.5M SGD
Revenue growth (YoY) +23.6%
Net margin -28.4%
Return on equity -0.7%
Free cash flow 3.4M SGD FY2025
Operating margin -9.3%
More key figures
EPS growth (YoY) +8,393%

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

Quality Score breakdown

Overall quality 58/100

Of which business quality 62 · Market factors (momentum, volatility) 44

Profitability 8
Margins and returns on capital today
Quality Growth 23
Are margins and returns improving?
Cashflow 80
Earnings quality: real cash, not paper profit
Fin. Strength 92
Balance sheet, leverage, solvency risk
Investment 95
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 40
Price trend over the last 3–12 months (market factor)
52W Momentum 42
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

Lion Asiapac Limited, an investment holding company, engages in lime manufacturing and sales activities in Malaysia and Singapore. The company operates through the Supply of Roofing Solution, Lime Sales, Trading, and Investment Holding segments.

Full company description

Lion Asiapac Limited, an investment holding company, engages in lime manufacturing and sales activities in Malaysia and Singapore. The company operates through the Supply of Roofing Solution, Lime Sales, Trading, and Investment Holding segments. It also produces and sells quicklime, hydrated lime, and quicklime powder; trades in consumables for steel product manufacturing and mining equipment, scrap metal, roofing materials, and construction and roofing works; provides solutions for metal roofing and wall cladding; and manufactures and sells galvanized iron and colored galvanized iron roofing sheets. The company was formerly known as Metal Containers Limited and changed its name to Lion Asiapac Limited in 1996. Lion Asiapac Limited was incorporated in 1968 and is based in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

LION ASIAPAC LTD reported revenue of 17.3M SGD in FY2025 versus 19.3M SGD in FY2021, a compound −2.8%/yr. Reported net income was −841K SGD in FY2025.

Growth Quality 29/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
17.3M SGD
Latest YoY
−32.9%
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.
−16.6%
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.
+0.5%
Avg. growth/yr (11Y) 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.
−5.8%
Revenue −2.8%/yr
FY21 19.3M SGD
FY22 29.7M SGD
FY23 30.4M SGD
FY24 25.7M SGD
FY25 17.3M SGD
Net income
FY21 937K SGD
FY22 −1.6M SGD
FY23 −3.0M SGD
FY24 1.5M SGD
FY25 −841K SGD

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Cite: Fair Value Calculator (2026). "LION ASIAPAC LTD Fair Value". https://www.fairvalue-calculator.com/stock/BAZ

Peer Group

Building Materials · 259 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 58 · Above median
Fair Value upside +149% · Top 25%
Return on assets -0% · Bottom 25%
Net margin (TTM) -28% · Bottom 25%
Operating margin (TTM) -9% · Bottom 25%
Revenue growth 24% · Top 25%

Valuation Multiples vs Building Materials median · lower = cheaper

P/B 0.26× · Cheaper than 75% of peers
P/S (TTM) 0.63× · Cheaper than median
P/FCF 4.6× · Pricier than median
PEG 0.59× · Cheaper than median

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 23
FUTURE 100 · sector 2
PAST 0 · sector 15
HEALTH 0 · sector 92
DIVIDEND 0 · sector 52

Values & ESG

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

None of the checked exposures detected

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

Similar stocks

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

Stock Price Fair Value vs Fair Value
UltraTech Cement Limited ULTRACEMCO ₹11,891 ₹4,718 -60%
China Jushi Co 600176 ¥43.31 ¥13.22 -69%
Grasim Industries Limited GRASIM ₹3,308 ₹1,245 -62%
CEMEX, S.A. CEMEXCPO 21.71 MXN 12.27 MXN -43%
Anhui Conch Cement Company 600585 ¥17.49 ¥26.14 +49%
Ambuja Cements Limited AMBUJACEM ₹421.00 ₹216.73 -49%
Shree Cement Limited SHREECEM ₹25,570 ₹8,215 -68%
TCC Group 1101B 43.15 TWD 9.76 TWD -77%
Taiwan Glass Ind. Corp 1802 57.60 TWD 13.98 TWD -76%
J.K. Cement Limited JKCEMENT ₹5,349 ₹2,184 -59%

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Frequently asked questions

Is LION ASIAPAC LTD (BAZ) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.6600 SGD versus a price of 0.2650 SGD, about +149% (undervalued).
What is the fair value of BAZ?
Our model-based fair value for LION ASIAPAC LTD is 0.6600 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.2650 SGD.
What is the quality score of BAZ?
LION ASIAPAC LTD has a Quality Score of 58/100. 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 LION ASIAPAC LTD (BAZ)?
LION ASIAPAC LTD reported trailing-twelve-month revenue of about 24.5M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of BAZ?
The net profit margin of LION ASIAPAC LTD is about -28.4%, 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.

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