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A-Smart Holdings (BQC) Fair Value & Analysis

Industrials · SG · Market cap 27.9M SGD

AS A-Smart Holdings BQC · SG
Price0.1040 SGD
Fair Value0.0900 SGD
Upside-13.5%
Quality38/100
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Evidence: Low Range 0.0600 SGD – 0.1200 SGD

Fair value as of: Jul 4, 2026

From 1 valuation models · updated today

Share price −7.1% over the past month.

Price vs Fair Value (12 months)

0.1320 SGD 0.0770 SGD Fair Value 0.0900 SGD Jul 2025 Jul 2026

12‑month range 0.0770 SGD – 0.1320 SGD · fair‑value band 0.0600 SGD – 0.1200 SGD · the 0.1040 SGD price screens above the 0.0900 SGD fair value. As of Jul 4, 2026.

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Analysis

A-Smart Holdings (BQC) currently trades at 0.1040 SGD, while our model-based Fair Value estimate is 0.0900 SGD — implying the stock looks roughly 13.5% overvalued today. We read business quality at 38/100 (below-average 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: low).

Over the trailing twelve months, A-Smart Holdings generated revenue of 6.7M SGD at a net margin of -16.0%. Revenue declined 8.3% year over year. It earns a return on equity of -4.2%. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 6.7M SGD
Revenue growth (YoY) -8.3%
Net margin -16.0%
Return on equity -4.2%
Free cash flow −2.6M SGD FY2025
Operating margin -10.6%

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

About the company

A-Smart Holdings Ltd. provides print manufacturing, smart technologies, real estate, and investment solutions in Singapore and internationally. The company operates through four segments: Print and Media, Property Development and Real Estate Investment, Smart Technologies, and Others Investments. It offers financial printing, conceptualization, design, copywriting, translation, typesetting, color proofing, printing, post-press packaging, distribution, and delivery. The company also provides food waste digester system utilizing advanced green technology for food waste composting and recycling; and organized a variety of events, including concerts, business and marketing conferences, and large-scale outdoor lantern displays in Singapore. In addition, it is involved in property development and property investments. Further, it is involved in provision of general printing, multimedia, and pre-press work; real estate developers and property investment activities; publishing and event …

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

A-Smart Holdings reported revenue of 7.5M SGD in FY2024 versus 5.4M SGD in FY2020, a compound +8.6%/yr. Reported net income was −927K SGD in FY2024.

Revenue +8.6%/yr
FY20 5.4M SGD
FY21 5.9M SGD
FY22 6.1M SGD
FY23 6.3M SGD
FY24 7.5M SGD
Net income
FY20 141K SGD
FY21 −701K SGD
FY22 −1.1M SGD
FY23 113K SGD
FY24 −927K SGD

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Frequently asked questions

Is A-Smart Holdings (BQC) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.0900 SGD versus a price of 0.1040 SGD — about −13% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BQC?
Our model-based fair value for A-Smart Holdings is 0.0900 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.1040 SGD.
What is the quality score of BQC?
A-Smart Holdings has a Quality Score of 38/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of A-Smart Holdings (BQC)?
A-Smart Holdings reported trailing-twelve-month revenue of about 6.7M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of BQC?
The net profit margin of A-Smart Holdings is about -16.0%, 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.