EN DE

PNE INDUSTRIES LTD (BDA) Fair Value & Analysis

Technology · SG · Market cap 34.8M SGD

PI PNE INDUSTRIES LTD BDA · SG
Price0.3800 SGD
Fair Value0.1700 SGD
Upside-55.3%
Quality56/100
Watch PNE INDUSTRIES LTD for free, get notified when fair value or trend changes. Watch for free
Weak Growth
Loss-making · -0.9% net margin
negative free cash flow
5.95% dividend yield
Mixed vs. peers (4/10)
Narrow moat 9/100
Evidence: Medium Range 0.1300 SGD – 0.2200 SGD Share as image

Fair value as of: Aug 13, 2026

From 12 valuation models · updated 4 days ago

Fair value updated Aug 13, 2026, revised from 0.1200 SGD to 0.1700 SGD (+41.7%) since Aug 9, 2026. Share price −7.3% over the past month.

A solid business, but screening 55% overvalued on our models.

Fair value for all 35,000+ stocks, review alerts and the diversification check: 14 days of Pro free, no card.

What matters now

  • The price sits above even our optimistic bull case (0.2200 SGD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

0.7399 SGD 0.3767 SGD Fair Value 0.1700 SGD Apr 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 0.3767 SGD – 0.7399 SGD · fair‑value band 0.1300 SGD – 0.2200 SGD · the 0.3800 SGD price screens above the 0.1700 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

PNE INDUSTRIES LTD (BDA) currently trades at 0.3800 SGD, while our model-based Fair Value estimate is 0.1700 SGD, implying the stock looks roughly 55.3% overvalued today. The Quality Score stands at 56/100 (solid quality), in the Technology 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: medium).

Over the trailing twelve months, PNE INDUSTRIES LTD generated revenue of 67.5M SGD at a net margin of -0.9%. Revenue declined 10.5% year over year. It earns a return on equity of -0.9%. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.1300 SGD (bear case) to 0.2200 SGD (bull case); at 0.3800 SGD, the current price sits above 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 29% below its 52-week high, currently below its 200-day average. For context, the median of 10 Technology peers we cover trades at -68% fair-value upside, at -55%, BDA 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 0.4900 SGD 0.4400 SGD 0.2700 SGD 76
Gordon GGM 0.2100 SGD 0.3400 SGD 0.4500 SGD 70
Growth-Adj P/E 0.1000 SGD 0.1400 SGD 0.1900 SGD 68
All 12 models by family
DCF Models
Owner Earnings 0.3200 SGD 0.3600 SGD 0.4100 SGD 31
Earnings-Based
Graham-Dodd 0.0400 SGD 0.1100 SGD 0.1400 SGD 54
PEG = 1.0 0.0200 SGD 0.0300 SGD 0.0400 SGD 46
Dividend Discount
Gordon GGM 0.2100 SGD 0.3400 SGD 0.4500 SGD 70
DDM Multi-Stage 0.2100 SGD 0.2900 SGD 0.3700 SGD 61
Multiples
P/E Multiple 0.1300 SGD 0.1700 SGD 0.2200 SGD 63
P/S Multiple 0.0800 SGD 0.1100 SGD 0.1300 SGD 58
P/B Multiple 0.0800 SGD 0.1100 SGD 0.1300 SGD 55
EV/EBITDA 0.4200 SGD 0.5000 SGD 0.5700 SGD 54
Asset-Based
NCAV (Graham) 0.4000 SGD 0.5300 SGD 0.7900 SGD 50
Economic Profit
Residual Income 0.4900 SGD 0.4400 SGD 0.2700 SGD 76
Growth Earnings
Growth-Adj P/E 0.1000 SGD 0.1400 SGD 0.1900 SGD 68

Widest divergence: Asset-Based (0.5300 SGD) versus Earnings-Based (0.0300 SGD). Highest evidence: Residual Income (76).

Notify me when BDA reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 67.5M SGD
Revenue growth (YoY) -10.5%
Net margin -0.9%
Return on equity -0.9%
Free cash flow −4.0M SGD FY2025
Operating margin -2.4%
More key figures
EPS (TTM) -0.0100 SGD
Dividend yield 6.0%
EPS growth (YoY) -94.3%

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

Quality Score breakdown

Overall quality 56/100

Of which business quality 56 · Market factors (momentum, volatility) 39

Profitability 28
Margins and returns on capital today
Quality Growth 63
Are margins and returns improving?
Cashflow 1
Earnings quality: real cash, not paper profit
Fin. Strength 93
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 81
Calm price path (market factor)
Momentum 30
Price trend over the last 3–12 months (market factor)
52W Momentum 8
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

PNE Industries Ltd, together with its subsidiaries, manufactures, assembles, and trades in electrical and electronic products primarily in Romania, the Netherlands, Europe, Malaysia, Singapore, and the People's Republic of China. It operates in two segments, Contract Manufacturing and Trading.

Full company description

PNE Industries Ltd, together with its subsidiaries, manufactures, assembles, and trades in electrical and electronic products primarily in Romania, the Netherlands, Europe, Malaysia, Singapore, and the People's Republic of China. It operates in two segments, Contract Manufacturing and Trading. The Contract Manufacturing segment manufactures electronic controllers, and other electrical and electronic products. The Trading segment manufactures and trades in emergency lighting equipment and related products under the PNE brand. It offers electrical apparatus, light fittings, and related products, as well as deals in domestic and commercial electronic appliances. In addition, the company provides manufacturing services, material sourcing and procurement, hardware and software development, project management, and quality assurance. PNE Industries Ltd was founded in 1983 and is headquartered in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PNE INDUSTRIES LTD reported revenue of 71.1M SGD in FY2025 versus 64.6M SGD in FY2021, a compound +2.4%/yr. Reported net income was 523K SGD in FY2025.

Growth Quality 20/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
71.1M SGD
Latest YoY
+16.6%
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.
−1.2%
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.
−3.7%
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.
−0.1%
Revenue +2.4%/yr
FY21 64.6M SGD
FY22 73.7M SGD
FY23 53.5M SGD
FY24 61.0M SGD
FY25 71.1M SGD
Net income
FY21 −779K SGD
FY22 3.6M SGD
FY23 753K SGD
FY24 1.3M SGD
FY25 523K SGD

BDA screens 55% overvalued. Compare with Delta Electronics, Inc →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "PNE INDUSTRIES LTD Fair Value". https://www.fairvalue-calculator.com/stock/BDA

Peer Group

Electronic Components · 645 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 56 · Above median
Fair Value upside −55% · Below median
Return on assets -1% · Bottom 25%
Net margin (TTM) -1% · Bottom 25%
Operating margin (TTM) -2% · Bottom 25%
Revenue growth -11% · Bottom 25%
Dividend yield (TTM) 6.0% · Top 25%

Valuation Multiples vs Electronic Components median · lower = cheaper

P/B 0.41× · Cheaper than 75% of peers
P/S (TTM) 0.40× · Cheaper 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 0 · sector 0
FUTURE 0 · sector 36
PAST 0 · sector 24
HEALTH 0 · sector 95
DIVIDEND 100 · sector 26

VALUE 0: the price sits above our fair-value range.

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 Electronic Components stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Delta Electronics, Inc 2308 1,790 TWD 602.37 TWD -66%
Luxshare Precision Industry Co 002475 ¥56.06 ¥38.44 -31%
Samsung Electro-Mechanics Co 009150 1,503,000 KRW 172,954 KRW -88%
Suzhou Dongshan Precision Manufacturing Co 002384 ¥202.11 ¥21.19 -90%
Shengyi Technology Co 600183 ¥143.23 ¥36.30 -75%
Shennan Circuits Co 002916 ¥392.90 ¥125.52 -68%
Victory Giant Technology (HuiZhou) Co 2476 HK$238.60 HK$75.68 -68%
Kingboard Laminates Holdings 1888 HK$38.70 HK$8.95 -77%
Asia Vital Components Co 3017 2,910 TWD 1,369 TWD -53%
Nan Ya Printed Circuit Board Corporation 8046 1,215 TWD 1,768 TWD +46%

Compare PNE INDUSTRIES LTD with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Technology stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is PNE INDUSTRIES LTD (BDA) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.1700 SGD versus a price of 0.3800 SGD, about −55% (overvalued).
What is the fair value of BDA?
Our model-based fair value for PNE INDUSTRIES LTD is 0.1700 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.3800 SGD.
What is the quality score of BDA?
PNE INDUSTRIES LTD has a Quality Score of 56/100. 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 PNE INDUSTRIES LTD (BDA)?
PNE INDUSTRIES LTD reported trailing-twelve-month revenue of about 67.5M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of BDA?
The net profit margin of PNE INDUSTRIES LTD is about -0.9%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does PNE INDUSTRIES LTD pay a dividend?
PNE INDUSTRIES LTD currently shows a dividend yield of about 5.95% 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.

14 days Pro free · no card

Track PNE INDUSTRIES LTD and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.