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GRP Limited (BLU) Fair Value & Analysis

Technology · SG · Market cap 11.7M SGD

GL GRP Limited BLU · SG
Price0.0650 SGD
Fair Value0.1463 SGD
Upside+125.0%
Quality60/100
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Evidence: Medium Range 0.1268 SGD – 0.1593 SGD

Fair value as of: Jul 4, 2026

From 9 valuation models · updated today

Share price +4.8% over the past month.

Price vs Fair Value (12 months)

0.0740 SGD 0.0390 SGD Fair Value 0.1463 SGD Jul 2025 Jul 2026

12‑month range 0.0390 SGD – 0.0740 SGD · fair‑value band 0.1268 SGD – 0.1593 SGD · the 0.0650 SGD price screens below the 0.1463 SGD fair value. As of Jul 4, 2026.

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Analysis

GRP Limited (BLU) currently trades at 0.0650 SGD, while our model-based Fair Value estimate is 0.1463 SGD — implying the stock looks roughly 125.0% undervalued today. We read business quality at 60/100 (solid quality), in the Technology 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, GRP Limited generated revenue of 8.9M SGD at a net margin of -69.8%. Revenue grew 13.8% year over year. It earns a return on equity of -31.7%. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 8.9M SGD
Revenue growth (YoY) +13.8%
Net margin -69.8%
Return on equity -31.7%
Free cash flow 1.8M SGD FY2024
Operating margin -0.7%
More key figures
EPS (TTM) -0.0300 SGD
EPS growth (YoY) -84.0%

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

About the company

GRP Limited, an investment holding company, engages in the measuring instruments/metrology, hose and marine, and property development businesses in Singapore, Indonesia, and internationally. Its Measuring Instruments/Metrology division deals in measuring instruments and scientific apparatus. The company's Property division include acquisition, holding of property-related assets and trading in properties, as well as offers property management projects. Its Hose and Marine division designs, manufactures, sells, and services industrial/marine hoses, fittings, marine safety equipment, and related products for the onshore, offshore, marine, pharmaceutical, and petrochemical markets. The company engages in the development and management of dormitories; rental of property; and property construction business, as well as trades in infrastructure building materials. GRP Limited was incorporated in 1977 and is headquartered in Singapore.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

GRP Limited reported revenue of 7.8M SGD in FY2024 versus 3.5M SGD in FY2020, a compound +22.0%/yr. Reported net income was −5.9M SGD in FY2024.

Revenue +22.0%/yr
FY20 3.5M SGD
FY21 15.4M SGD
FY22 20.7M SGD
FY23 18.0M SGD
FY24 7.8M SGD
Net income
FY20 −367K SGD
FY21 −5.4M SGD
FY22 −6.1M SGD
FY23 −10.0K SGD
FY24 −5.9M SGD

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Frequently asked questions

Is GRP Limited (BLU) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.1463 SGD versus a price of 0.0650 SGD — about +125% (undervalued). Model-based estimate, not financial advice.
What is the fair value of BLU?
Our model-based fair value for GRP Limited is 0.1463 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.0650 SGD.
What is the quality score of BLU?
GRP Limited has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of GRP Limited (BLU)?
GRP Limited reported trailing-twelve-month revenue of about 8.9M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of BLU?
The net profit margin of GRP Limited is about -69.8%, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.