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Southern Packaging Group (BQP) Fair Value & Analysis

Consumer Cyclical · SG · Market cap 22.9M SGD

SP Southern Packaging Group BQP · SG
Price0.3250 SGD
Fair Value0.0400 SGD
Upside-87.7%
Quality45/100
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Evidence: Medium Range 0.0400 SGD – 0.0400 SGD

Fair value as of: Jul 4, 2026

From 8 valuation models · updated today

Share price +8.3% over the past month.

Price vs Fair Value (12 months)

0.3800 SGD 0.2300 SGD Fair Value 0.0400 SGD Jul 2025 Jul 2026

12‑month range 0.2300 SGD – 0.3800 SGD · the 0.3250 SGD price screens above the 0.0400 SGD fair value. As of Jul 4, 2026.

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Analysis

Southern Packaging Group (BQP) currently trades at 0.3250 SGD, while our model-based Fair Value estimate is 0.0400 SGD — implying the stock looks roughly 87.7% overvalued today. We read business quality at 45/100 (below-average quality), in the Consumer Cyclical 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, Southern Packaging Group generated revenue of 618M SGD at a net margin of -0.9%. Revenue declined 5.9% year over year. It earns a return on equity of -1.1%. Net debt stands at 354M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 618M SGD
Revenue growth (YoY) -5.9%
Net margin -0.9%
Return on equity -1.1%
Free cash flow −10.4M SGD FY2025
Operating margin 3.9%
More key figures
EPS (TTM) -0.0200 SGD
EPS growth (YoY) +33.0%
Net debt 354M SGD FY2025

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

About the company

Southern Packaging Group Limited, an investment holding company, engages in the manufacture and trading of flexible and rigid packaging products in the People's Republic of China, Australia, Thailand, the Philippines, and internationally. It operates through the Flexible Packaging, Rigid Packaging, and Property Development segments. The Flexible Packaging segment manufactures plastic packaging bags for the pharmaceutical industry, food and beverage industry and hygiene industry. Its Rigid Packaging segment manufactures polyethylene terephthalate (PET) bottles together for pharmaceutical industry, food and beverage, and hygiene industry. The Property Development segment develops and holds properties for sale. The company was founded in 1981 and is headquartered in Foshan, the People's Republic of China.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Southern Packaging Group reported revenue of 618M SGD in FY2025 versus 769M SGD in FY2021, a compound −5.3%/yr. Reported net income was −5.6M SGD in FY2025.

Revenue −5.3%/yr
FY21 769M SGD
FY22 604M SGD
FY23 692M SGD
FY24 688M SGD
FY25 618M SGD
Net income
FY21 14.0M SGD
FY22 −36.3M SGD
FY23 −13.5M SGD
FY24 −18.9M SGD
FY25 −5.6M SGD

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Similar stocks

6 more Packaging & Containers stocks, each showing price versus our Fair Value estimate (as of Jul 4, 2026).

Stock Price Fair Value vs Fair Value
Smurfit Kappa Group SMFTF $44.20 $30.87 -30%
Smurfit Westrock Plc, SW $41.28 $40.96 -1%
Packaging Corporation PKG $216.64 $122.66 -43%
International Paper Company IP $36.56 $84.00 +130%
Amcor plc AMCR $37.64 $18.34 -51%
Ball Corporation B1LL34 R$146.83 R$18.44 -87%

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Frequently asked questions

Is Southern Packaging Group (BQP) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.0400 SGD versus a price of 0.3250 SGD — about −88% (overvalued). Model-based estimate, not financial advice.
What is the fair value of BQP?
Our model-based fair value for Southern Packaging Group is 0.0400 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.3250 SGD.
What is the quality score of BQP?
Southern Packaging Group has a Quality Score of 45/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Southern Packaging Group (BQP)?
Southern Packaging Group reported trailing-twelve-month revenue of about 618M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of BQP?
The net profit margin of Southern Packaging Group is about -0.9%, 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.