VALUETRONICS HOLDINGS LIMITED (BN2) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of VALUETRONICS HOLDINGS LIMITED S$1.31, price S$1.00, upside +31.0%, quality 67 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 1, 2026.
How to read this chart
60‑month range 0.3553 SGD – 1.18 SGD · fair‑value band 0.9800 SGD – 1.63 SGD · the 1.00 SGD price screens below the 1.31 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 1, 2026.
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Valuetronics Holdings Limited, an investment holding company, provides integrated electronics manufacturing services (EMS) in the United States, the People's Republic of China, Canada, Poland, Hong Kong, the Netherlands, Indonesia, France, Taiwan, South Korea, Germany, and internationally.
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Valuetronics Holdings Limited, an investment holding company, provides integrated electronics manufacturing services (EMS) in the United States, the People's Republic of China, Canada, Poland, Hong Kong, the Netherlands, Indonesia, France, Taiwan, South Korea, Germany, and internationally. It operates through two segments, Consumer Electronics; and Industrial and Commercial Electronics. The company offers engineering services comprising mechanical design services, including industrial design, rapid prototyping (SLA, FDM), motion mechanisms, and packaging design, as well as plastic and metal parts, and enclosures; plastic tool design services consisting of 2D/3D design, mold flow analysis, and plastic and over-mold parts; electronics, RF, and software design; regulatory compliance engineering and testing; and product test development services, such as design-for-test, in-circuit-test, custom functional test, and in-house test fixtures design and fabrication. It also provides manufacturing services comprising plastic tool fabrication and injection molding; printed circuit board assemblies; sub-assemblies and complete box build; reliability engineering and testing; quality systems; materials procurement; and program management. In addition, the company offers supply chain support services, including in-house logistics to manage shipment of products to final destinations; product customization and drop shipment; spare parts inventory and shipment; and direct fulfillment programs. Further, it provides trading and business services; and holds properties. The company serves multinational and mid-size companies in the automotive, telecommunications and networking, industrial, commercial, energy saving, and consumer fields. Valuetronics Holdings Limited was founded in 1992 and is headquartered in Sha Tin, Hong Kong.
Stock analysis
VALUETRONICS HOLDINGS LIMITED (BN2) currently trades at 1.00 SGD, while our model-based Fair Value estimate is 1.31 SGD, implying the stock looks roughly 23.7% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 1.24 SGD per share, and 13 of the 24 models we run sit above the 1.00 SGD price.
Bear case: the Dividend Discount group reads lowest at 0.3700 SGD, and 11 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: 0.9800 SGD (bear) to 1.63 SGD (bull), the price of 1.00 SGD sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 67/100 (solid quality), in the Technology sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
VALUETRONICS HOLDINGS LIMITED reported revenue of HK$1.7B in FY2026 versus HK$2.0B in FY2022, a compound −4.9%/yr. Reported net income was HK$117M in FY2026, compounding +0.8%/yr from FY2022.
Key figures
Market cap 409M SGD (≈ $319M) · P/E ratio 20.0 · P/S ratio 1.41 · EPS (TTM) 0.0500 SGD · Net margin 7.1% · Return on equity 7.6% · Return on assets (EBIT) 5.4% · Operating margin 6.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 15% below its 52-week high and 31% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Technology peers we cover trades at −64% fair-value upside, at 31%, BN2 screens cheaper than that median.
Fair Value models
Bear 0.9800 SGDFair Value 1.31 SGDBull 1.63 SGD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.40/100
Revenue is shrinking: the last year, the last three and the last five years are all negative.
Revenue growth 1 year
−4.0%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−6.2%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−6.2%
Start year 2021 (pandemic). Over 10 years: −1.6% a year
Revenue growth 12 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
−3.1%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−7.0%
Earnings growth per share plus dividend.
Earnings per share, growth per year−7.0%
Dividend (yield on the price)0.0%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−7.0% vs 3.2%, slowing
Profit margin 2021 to 2026 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.8% → 8%
Start year 2021 (pandemic)
⚠ Revenue per share shrinking 3.4%/yr over ~8Y (margins eroding too) ⓘStructural-decline marker: revenue PER SHARE has fallen over the last decade (robust median trend, not a single year). Backtested across 2005 to 2017, such businesses trailed the market by about 2.5 percentage points per year. Display only: it does not change the fair value or the quality score.
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−7.4%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (figures in HKD, Hong Kong: IMF forecast 2.1% a year to 2030, 1.8% from 2016 to 2025) that is about −9.3% a year for the price.
Compare VALUETRONICS HOLDINGS LIMITED with another stock
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Peer Groupⓘ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.Electronic Components · 634 stocks
Beats the industry median on 12/13 measures
Overall it ranks above its industry peers.
Valuation
Quality Score67 · Top 25%
Fair Value upside+31.0% · Top 25%
Profitability
Return on equity (TTM)7.6% · Above median
Return on assets3.7% · Above median
Net margin (TTM)7.1% · Above median
Operating margin (TTM)6.7% · Above median
Growth and dividend
Revenue growth−5.0% · Below median
Dividend yield (TTM)18.0% · Top 25%
Valuation Multiplesvs Electronic Components median · lower = cheaper
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.
Is VALUETRONICS HOLDINGS LIMITED (BN2) overvalued or undervalued?
As of Oct 1, 2026, our model estimates a fair value of 1.31 SGD versus a price of 1.00 SGD, about +31% upside (undervalued).
What is the fair value of BN2?
Our model-based fair value for VALUETRONICS HOLDINGS LIMITED is 1.31 SGD (as of Oct 1, 2026), built from audited fundamentals. The current price: 1.00 SGD.
What is the quality score of BN2?
VALUETRONICS HOLDINGS LIMITED has a Quality Score of 67/100. 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 price target for VALUETRONICS HOLDINGS LIMITED (BN2)?
Our model-based price target is the fair value of 1.31 SGD (as of Oct 1, 2026) from 24 valuation models. Cautious scenario 0.9800 SGD, optimistic scenario 1.63 SGD. It is a calculation from audited fundamentals, not an analyst target.
What is the VALUETRONICS HOLDINGS LIMITED stock forecast for 2026?
Our models put fair value at 1.31 SGD, about +31% upside versus a price of 1.00 SGD (undervalued). Cautious scenario 0.9800 SGD, optimistic scenario 1.63 SGD. The calculation is refreshed regularly with new filings.
What is the revenue of VALUETRONICS HOLDINGS LIMITED (BN2)?
VALUETRONICS HOLDINGS LIMITED reported trailing-twelve-month revenue of about HK$1.7B (latest available figure, as of Oct 1, 2026).
What growth is priced into VALUETRONICS HOLDINGS LIMITED (BN2)?
For today's price to be fair in a discounted-cash-flow model, VALUETRONICS HOLDINGS LIMITED would have to grow free cash flow by -7.4 % per year for five years (discount rate 9.6 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew -6.2 % per year. As of Oct 1, 2026.
What discount rate (WACC) does the fair value of BN2 use?
Our models discount VALUETRONICS HOLDINGS LIMITED at 9.6 %: a base by market capitalisation (small), damped by beta 0.47, country premium for Singapore. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For VALUETRONICS HOLDINGS LIMITED that is -7.4 % per year a year over ten years, using the same discount rate (9.6 %) and the same formula as our fair value.
How much growth has VALUETRONICS HOLDINGS LIMITED (BN2) delivered so far?
Over the past 5 years revenue at VALUETRONICS HOLDINGS LIMITED grew -6.2 % a year. The price currently implies -7.4 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of VALUETRONICS HOLDINGS LIMITED (BN2) growing?
The median revenue growth in the sector is +9.6 % a year. That is the yardstick for the growth priced into VALUETRONICS HOLDINGS LIMITED (-7.4 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of VALUETRONICS HOLDINGS LIMITED (BN2)?
The free-cash-flow yield on the price is 7.12 %: that much free cash flow VALUETRONICS HOLDINGS LIMITED produces per unit of market value. When it exceeds the discount rate of our models (9.6 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of VALUETRONICS HOLDINGS LIMITED (BN2)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For VALUETRONICS HOLDINGS LIMITED it is 1.31 SGD per share (as of Oct 1, 2026), against a price of 1.00 SGD. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is VALUETRONICS HOLDINGS LIMITED stock overvalued or undervalued in 2026?
As of Oct 1, 2026, BN2 trades below its calculated fair value: price 1.00 SGD, fair value 1.31 SGD, a gap of about +31% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of BN2?
No. The price is what the market pays today (1.00 SGD); the fair value is what the company's own numbers justify (1.31 SGD). For VALUETRONICS HOLDINGS LIMITED the two are 0.3100 SGD per share apart. That gap is exactly why we show both numbers side by side.
How much is VALUETRONICS HOLDINGS LIMITED worth?
The market values VALUETRONICS HOLDINGS LIMITED at about 409M SGD (market capitalisation, as of Oct 1, 2026). Per share that is 1.00 SGD; our models calculate a fair value of 1.31 SGD per share.
What do the bullish and bearish scenarios say about BN2?
Our models span a range for VALUETRONICS HOLDINGS LIMITED: cautious scenario 0.9800 SGD, base 1.31 SGD, optimistic 1.63 SGD per share (as of Oct 1, 2026, price 1.00 SGD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BN2?
VALUETRONICS HOLDINGS LIMITED trades at a price-to-earnings ratio of 20.0 (as of Oct 1, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.31 SGD is built from several models across several years. Excluding one-off items of fiscal year 2026 it is 16.3 (reported for FY2026: 21.4). Other multiples: P/B 1.7, P/S 1.5, EV/EBITDA 7.4.
How solid is the balance sheet of VALUETRONICS HOLDINGS LIMITED (BN2)?
Balance-sheet figures for VALUETRONICS HOLDINGS LIMITED (as of Oct 1, 2026): return on equity 7.6%. They feed the Quality Score of 67/100, which measures business quality independently of the share price.
How far is BN2 from its 52-week high?
VALUETRONICS HOLDINGS LIMITED trades at 1.00 SGD, about 15% below its 52-week high of 1.18 SGD and 31% above the low of 0.7630 SGD (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of 1.31 SGD is for.
Which stocks are comparable to VALUETRONICS HOLDINGS LIMITED?
From the same area (Technology) we also value Amphenol Corporation, Delta Electronics, Inc, Corning Incorporated, Hon Hai Precision Industry Co, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is VALUETRONICS HOLDINGS LIMITED stock attractive at the current price?
The data as of Oct 1, 2026: price 1.00 SGD, calculated fair value 1.31 SGD (+31%), Quality Score 67/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of BN2 calculated?
We run VALUETRONICS HOLDINGS LIMITED through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 1.31 SGD, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 14.5 % above its aggregate fair value. VALUETRONICS HOLDINGS LIMITED currently trades 24 % below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of VALUETRONICS HOLDINGS LIMITED (BN2)?
The closing price on Oct 1, 2026 was 1.00 SGD. Our model-based fair value is 1.31 SGD, about +31% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with VALUETRONICS HOLDINGS LIMITED right now?
The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. Solid quality (67/100) at a price below fair value, the discount is the argument here, not the business quality.
Key figures of VALUETRONICS HOLDINGS LIMITED
How large is the market capitalisation of VALUETRONICS HOLDINGS LIMITED (BN2)?
The market capitalisation of VALUETRONICS HOLDINGS LIMITED is 409M SGD (≈ $319M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of VALUETRONICS HOLDINGS LIMITED (BN2)?
The price-to-sales ratio of VALUETRONICS HOLDINGS LIMITED is 1.41 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of VALUETRONICS HOLDINGS LIMITED (BN2)?
Earnings per share at VALUETRONICS HOLDINGS LIMITED are 0.0500 SGD (price ÷ EPS = P/E 20.0). Earnings per share over the last twelve months: total profit spread across every single share.
What is the net margin of VALUETRONICS HOLDINGS LIMITED (BN2)?
The net margin of VALUETRONICS HOLDINGS LIMITED is 7.1% (fiscal year 2026). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of VALUETRONICS HOLDINGS LIMITED (BN2)?
The return on equity (ROE) of VALUETRONICS HOLDINGS LIMITED is 7.6% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of VALUETRONICS HOLDINGS LIMITED (BN2)?
On an EBIT basis the return on assets of VALUETRONICS HOLDINGS LIMITED is 5.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of VALUETRONICS HOLDINGS LIMITED (BN2)?
The operating margin of VALUETRONICS HOLDINGS LIMITED is 6.7% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at VALUETRONICS HOLDINGS LIMITED (BN2)?
Revenue at VALUETRONICS HOLDINGS LIMITED is growing −5.0% versus a year earlier (3y avg −6.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at VALUETRONICS HOLDINGS LIMITED (BN2)?
Earnings per share at VALUETRONICS HOLDINGS LIMITED are growing −69.8% versus a year earlier. How much earnings per share grew versus a year earlier.
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