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Hor Kew Corporation (BBP) Fair Value & Analysis

Industrials · SG · Market cap 53.6M SGD

HK Hor Kew Corporation BBP · SG
Price1.03 SGD
Fair Value2.49 SGD
Upside+141.7%
Quality52/100
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Evidence: High Range 1.69 SGD – 3.43 SGD

Fair value as of: Jul 4, 2026

From 22 valuation models · updated today

Share price −10.4% over the past month.

Price vs Fair Value (12 months)

1.46 SGD 0.9381 SGD Fair Value 2.49 SGD Jul 2025 Jul 2026

12‑month range 0.9381 SGD – 1.46 SGD · fair‑value band 1.69 SGD – 3.43 SGD · the 1.03 SGD price screens below the 2.49 SGD fair value. As of Jul 4, 2026.

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Analysis

Hor Kew Corporation (BBP) currently trades at 1.03 SGD, while our model-based Fair Value estimate is 2.49 SGD — implying the stock looks roughly 141.7% undervalued today. We read business quality at 52/100 (solid quality), in the Industrials 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: high) — always confirm before acting.

Over the trailing twelve months, Hor Kew Corporation generated revenue of 69.4M SGD at a net margin of 18.5%. Revenue declined 24.5% year over year. It earns a return on equity of 13.9%. Net debt stands at 74.2M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 69.4M SGD
Revenue growth (YoY) -24.5%
Net margin 18.5%
Return on equity 13.9%
Free cash flow 18.4M SGD FY2025
P/E ratio 4.1
More key figures
Operating margin 22.4%
EPS (TTM) 0.2500 SGD
Dividend yield 1.4%
EPS growth (YoY) -19.4%
Net debt 74.2M SGD FY2025

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

About the company

Hor Kew Corporation Limited, an investment holding company, provides an integrated range of construction related products and services in Singapore. The company operates in Property Investment and Development and Prefabrication segments. The Property Investment and Development segment is involved in the development, sale, and leasing of residential, commercial, and industrial properties. The Prefabrication segment designs, manufactures, and sells prestressed and reinforced concrete building components, as well as prefabricated architectural metal components. It also rents machinery. Hor Kew Corporation Limited was founded in 1979 and is based in Singapore.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hor Kew Corporation reported revenue of 69.4M SGD in FY2025 versus 56.8M SGD in FY2021, a compound +5.1%/yr. Reported net income was 12.9M SGD in FY2025, compounding +33.8%/yr from FY2021.

Revenue +5.1%/yr
FY21 56.8M SGD
FY22 76.5M SGD
FY23 105M SGD
FY24 82.9M SGD
FY25 69.4M SGD
Net income +33.8%/yr
FY21 4.0M SGD
FY22 1.7M SGD
FY23 7.4M SGD
FY24 13.7M SGD
FY25 12.9M SGD

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

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Frequently asked questions

Is Hor Kew Corporation (BBP) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 2.49 SGD versus a price of 1.03 SGD — about +142% (undervalued). Model-based estimate, not financial advice.
What is the fair value of BBP?
Our model-based fair value for Hor Kew Corporation is 2.49 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 1.03 SGD.
What is the quality score of BBP?
Hor Kew Corporation has a Quality Score of 52/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Hor Kew Corporation (BBP)?
Hor Kew Corporation reported trailing-twelve-month revenue of about 69.4M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of BBP?
The net profit margin of Hor Kew Corporation is about 18.5%, meaning it keeps roughly 18.5% of revenue as net income. Based on the latest reported figures.
Does Hor Kew Corporation pay a dividend?
Hor Kew Corporation currently shows a dividend yield of about 1.40% 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.