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Lincotrade & Associates Holdings (BFT) Fair Value & Analysis

Industrials · SG · Market cap 58.2M SGD

LA Lincotrade & Associates Holdings BFT · SG
Price0.3200 SGD
Fair Value0.2200 SGD
Upside-31.3%
Quality58/100
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Evidence: Medium Range 0.1600 SGD – 0.2900 SGD

Fair value as of: Jul 4, 2026

From 13 valuation models · updated today

Share price +3.2% over the past month.

Price vs Fair Value (12 months)

0.3500 SGD 0.0569 SGD Fair Value 0.2200 SGD Jul 2025 Jul 2026

12‑month range 0.0569 SGD – 0.3500 SGD · fair‑value band 0.1600 SGD – 0.2900 SGD · the 0.3200 SGD price screens above the 0.2200 SGD fair value. As of Jul 4, 2026.

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Analysis

Lincotrade & Associates Holdings (BFT) currently trades at 0.3200 SGD, while our model-based Fair Value estimate is 0.2200 SGD — implying the stock looks roughly 31.3% overvalued today. We read business quality at 58/100 (solid quality), in the Industrials 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, Lincotrade & Associates Holdings generated revenue of 93.3M SGD at a net margin of 6.2%. Revenue grew 58.2% year over year. It earns a return on equity of 40.6%. The stock trades on a trailing P/E of 10.7. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 93.3M SGD
Revenue growth (YoY) +58.2%
Net margin 6.2%
Return on equity 40.6%
Free cash flow −398K SGD FY2025
P/E ratio 10.7
More key figures
Operating margin 9.0%
EPS (TTM) 0.0300 SGD
Dividend yield 4.7%
EPS growth (YoY) +433%
Net debt 211K SGD FY2022

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

About the company

Lincotrade & Associates Holdings Limited, together with its subsidiaries, provides interior fitting-out, addition, and alteration works in Singapore, Malaysia, and the People's Republic of China. It operates through Commercial, Residential, and Showflats, and Property Development segments. The company undertakes interior fitting-out projects, including space planning and lay-out, interior construction, and finishing works on floorings, ceilings, partitions, doors, fixtures and fittings, and mechanical; and electrical and plumbing works, such as air-conditioning installation, water and sewage fit-outs, lighting, power, and other works. It offers addition and alteration works comprising minor alterations, extension, conversion, and upgrading of buildings; and minor repair and improvement works; and building construction services, such as construction of showflats and sales galleries. In addition, the company manufactures wooden windows, doors, builders' carpentry, joinery wood …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Lincotrade & Associates Holdings reported revenue of 73.6M SGD in FY2025 versus 0 SGD in FY2021. Reported net income was 2.6M SGD in FY2025.

Revenue
FY21 0 SGD
FY22 39.3M SGD
FY23 69.9M SGD
FY24 67.9M SGD
FY25 73.6M SGD
Net income
FY21 −4.9M SGD
FY22 −728K SGD
FY23 −8.7M SGD
FY24 2.3M SGD
FY25 2.6M SGD

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Frequently asked questions

Is Lincotrade & Associates Holdings (BFT) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.2200 SGD versus a price of 0.3200 SGD — about −31% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BFT?
Our model-based fair value for Lincotrade & Associates Holdings is 0.2200 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.3200 SGD.
What is the quality score of BFT?
Lincotrade & Associates Holdings has a Quality Score of 58/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Lincotrade & Associates Holdings (BFT)?
Lincotrade & Associates Holdings reported trailing-twelve-month revenue of about 93.3M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of BFT?
The net profit margin of Lincotrade & Associates Holdings is about 6.2%, meaning it keeps roughly 6.2% of revenue as net income. Based on the latest reported figures.
Does Lincotrade & Associates Holdings pay a dividend?
Lincotrade & Associates Holdings currently shows a dividend yield of about 4.69% 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.