Frasers Logistics & Industrial (BUOU) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of Frasers Logistics & Industrial S$1.15, price S$0.87, upside +33.0%, quality 61 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
Watch Frasers Logistics & Industrial for free, get notified when fair value or trend changes. Plus fair value for all 35,000+ stocks, 14 days of Pro free, no card.Watch for freePro now: $1 first month
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 27, 2026.
How to read this chart
60‑month range 0.7160 SGD – 1.15 SGD · fair‑value band 0.6000 SGD – 2.01 SGD · the 0.8650 SGD price screens below the 1.15 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 27, 2026.
Follow Frasers Logistics & Industrial in your weekly email
Every Wednesday you see whether Frasers Logistics & Industrial is on track or worth a review, plus price against fair value. Free, up to 3 stocks.
We send you a confirmation link. Unsubscribe with one click.
Frasers Logistics & Commercial Trust is a Singapore-listed real estate investment trust. With a portfolio comprising 113 industrial and commercial properties, worth approximately S7.0 billion dollars as at 31 March 2026, diversified across five major developed markets " Australia, Germany, Singapore, the United Kingdom and the Netherlands.
Show more
Frasers Logistics & Commercial Trust is a Singapore-listed real estate investment trust. With a portfolio comprising 113 industrial and commercial properties, worth approximately S7.0 billion dollars as at 31 March 2026, diversified across five major developed markets " Australia, Germany, Singapore, the United Kingdom and the Netherlands. FLCT was listed on the Mainboard of Singapore Exchange Securities Trading Limited (SGX-ST) on 20 June 2016 as Frasers Logistics & Industrial Trust and was subsequently renamed Frasers Logistics & Commercial Trust on 29 April 2020 following the completion of a merger with Frasers Commercial Trust. FLCT's investment strategy is to invest globally in a diversified portfolio of income-producing properties used predominantly for logistics or industrial purposes located globally, or commercial purposes (comprising primarily CBD office space) or business park purposes (comprising primarily non-CBD office space and/or research and development space) located in the Asia-Pacific region or in Europe (including the United Kingdom). FLCT is sponsored by Frasers Property Limited. FLCT is a constituent of the FTSE EPRA Nareit Global Real Estate Index Series (Global Developed Index), Straits Times Index and Global Property Research (GPR) 250. Frasers Logistics & Commercial Trust was established on November 30, 2015 and incorporated in Singapore.
Stock analysis
Frasers Logistics & Industrial (BUOU) currently trades at 0.8650 SGD, while our model-based Fair Value estimate is 1.15 SGD, implying the stock looks roughly 24.8% undervalued today.
Show more
Valuation
Bull case: the DCF Models group reads highest at a median of 1.05 SGD per share, and 6 of the 14 models we run sit above the 0.8650 SGD price.
Bear case: the Growth DCF group reads lowest at 0.6700 SGD, and 8 of the 14 models stay below the price. Evidence for this calculation is low.
Scenario range: 0.6000 SGD (bear) to 2.01 SGD (bull), the price of 0.8650 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 61/100 (solid quality), in the Real Estate sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Frasers Logistics & Industrial reported revenue of 471M SGD in FY2025 versus 469M SGD in FY2021, a compound +0.1%/yr. Reported net income was 205M SGD in FY2025, compounding −27.2%/yr from FY2021.
Key figures
Market cap 3.3B SGD (≈ $2.6B) · P/E ratio 14.4 · P/S ratio 6.27 · EPS (TTM) 0.0600 SGD · Dividend yield 6.8% · Net margin 43.5% · Return on equity 5.2% · Return on assets (EBIT) 4.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 42 out of 100 (low confidence).
What moves the price
The share trades about 15% below its 52-week high and at its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at 27% fair-value upside, at 33%, BUOU screens cheaper than that median.
Fair Value models
Bear 0.6000 SGDFair Value 1.15 SGDBull 2.01 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. Based on fiscal year 2025 figures (about 12 months old). Earnings retained since then (0.0010 SGD per share) are deliberately not added.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.79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
+5.6%
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.
+1.6%
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.
+7.3%
Start year 2020 (pandemic). Over 10 years: +15.8% a year
Revenue growth 11 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.
+15.0%
’14
’15
’16
’17
’18
’19
’20
’21
’22
’23
’24
’25
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. Basis: EBIT basis.
+0.3%
Earnings growth per share plus dividend.
Earnings per share, growth per year−6.5%
Dividend (yield on the price)6.8%
Profit margin 2020 to 2025 ⓘ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.160% → 63%
Growth Forecast
Price in line with expectations
The price assumes about as much growth as the company has delivered so far and about what analysts expect.
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).
+8.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
+7.7%
Yearly sales growth analysts expect, extended to five years.
After inflation (Singapore: IMF forecast 2.0% a year to 2030, 1.7% from 2016 to 2025) that is about +6.5% a year for the price and +5.6% for the forecasts.
Compare Frasers Logistics & Industrial with another stock
Price, fair value, quality and upside side by side.
Free, no sign-up
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.REIT - Industrial · 53 stocks
Beats the industry median on 7/15 measures
A mixed picture versus its industry peers.
Valuation
Quality Score62 · Above median
Fair Value upside+32.9% · Top 25%
Profitability
Return on equity (TTM)5.2% · Below median
Return on assets2.6% · Below median
Net margin (TTM)44.5% · Below median
Operating margin (TTM)64.2% · Above median
Growth and dividend
Revenue growth2.8% · Below median
Dividend yield (TTM)6.8% · Above median
Balance sheet
Debt / equity0.49× · Above median
Valuation Multiplesvs REIT - Industrial 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 Frasers Logistics & Industrial (BUOU) overvalued or undervalued?
As of Sep 27, 2026, our model estimates a fair value of 1.15 SGD versus a price of 0.8650 SGD, about +33% upside (undervalued).
What is the fair value of BUOU?
Our model-based fair value for Frasers Logistics & Industrial is 1.15 SGD (as of Sep 27, 2026), built from audited fundamentals. The current price: 0.8650 SGD.
What is the quality score of BUOU?
Frasers Logistics & Industrial has a Quality Score of 61/100. 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 Frasers Logistics & Industrial (BUOU)?
Our model-based price target is the fair value of 1.15 SGD (as of Sep 27, 2026) from 14 valuation models. Cautious scenario 0.6000 SGD, optimistic scenario 2.01 SGD. It is a calculation from audited fundamentals, not an analyst target.
What is the Frasers Logistics & Industrial stock forecast for 2026?
Our models put fair value at 1.15 SGD, about +33% upside versus a price of 0.8650 SGD (undervalued). Cautious scenario 0.6000 SGD, optimistic scenario 2.01 SGD. The calculation is refreshed regularly with new filings.
What is the revenue of Frasers Logistics & Industrial (BUOU)?
Frasers Logistics & Industrial reported trailing-twelve-month revenue of about 478M SGD (latest available figure, as of Sep 27, 2026).
Does Frasers Logistics & Industrial pay a dividend?
Frasers Logistics & Industrial currently shows a dividend yield of about 6.82% relative to its recent price (as of Sep 27, 2026).
What growth is priced into Frasers Logistics & Industrial (BUOU)?
For today's price to be fair in a discounted-cash-flow model, Frasers Logistics & Industrial would have to grow free cash flow by +8.6 % per year for five years (discount rate 8.7 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +7.3 % per year. As of Sep 27, 2026.
What discount rate (WACC) does the fair value of BUOU use?
Our models discount Frasers Logistics & Industrial at 8.7 %: a base by market capitalisation (mid), damped by beta 0.64, 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 Frasers Logistics & Industrial that is +8.6 % per year a year over ten years, using the same discount rate (8.7 %) and the same formula as our fair value.
How much growth has Frasers Logistics & Industrial (BUOU) delivered so far?
Over the past 5 years revenue at Frasers Logistics & Industrial grew +7.3 % a year. The price currently implies +8.6 % 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 Frasers Logistics & Industrial (BUOU) growing?
The median revenue growth in the sector is +1.8 % a year. That is the yardstick for the growth priced into Frasers Logistics & Industrial (+8.6 % 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 Frasers Logistics & Industrial (BUOU)?
The free-cash-flow yield on the price is 7.70 %: that much free cash flow Frasers Logistics & Industrial produces per unit of market value. When it exceeds the discount rate of our models (8.7 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Frasers Logistics & Industrial (BUOU)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Frasers Logistics & Industrial it is 1.15 SGD per share (as of Sep 27, 2026), against a price of 0.8650 SGD. It is the blended result of 14 valuation models (cash flow, earnings, asset, dividend).
Is Frasers Logistics & Industrial stock overvalued or undervalued in 2026?
As of Sep 27, 2026, BUOU trades below its calculated fair value: price 0.8650 SGD, fair value 1.15 SGD, a gap of about +33% (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 BUOU?
No. The price is what the market pays today (0.8650 SGD); the fair value is what the company's own numbers justify (1.15 SGD). For Frasers Logistics & Industrial the two are 0.2850 SGD per share apart. That gap is exactly why we show both numbers side by side.
How much is Frasers Logistics & Industrial worth?
The market values Frasers Logistics & Industrial at about 3.3B SGD (market capitalisation, as of Sep 27, 2026). Per share that is 0.8650 SGD; our models calculate a fair value of 1.15 SGD per share.
What do the bullish and bearish scenarios say about BUOU?
Our models span a range for Frasers Logistics & Industrial: cautious scenario 0.6000 SGD, base 1.15 SGD, optimistic 2.01 SGD per share (as of Sep 27, 2026, price 0.8650 SGD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of BUOU?
Frasers Logistics & Industrial trades at a price-to-earnings ratio of 14.4 (as of Sep 27, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 1.15 SGD is built from several models across several years. Other multiples: PEG 7.2, P/B 0.8, P/S 6.8, EV/EBITDA 16.5.
What is the PEG ratio of BUOU?
The PEG ratio of Frasers Logistics & Industrial is 7.20 (P/E divided by earnings growth, as of Sep 27, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Frasers Logistics & Industrial (BUOU)?
Balance-sheet figures for Frasers Logistics & Industrial (as of Sep 27, 2026): return on equity 5.2%, debt of 0.49 per unit of equity. They feed the Quality Score of 61/100, which measures business quality independently of the share price.
How far is BUOU from its 52-week high?
Frasers Logistics & Industrial trades at 0.8650 SGD, about 15% below its 52-week high of 1.02 SGD and at the low of 0.8631 SGD (as of Oct 2, 2026). Distance from the high says nothing about value: that is what the fair value of 1.15 SGD is for.
Which stocks are comparable to Frasers Logistics & Industrial?
From the same area (Real Estate) we also value Public Storage, a member of the S&P 500,, Prologis, Inc, Extra Space Storage Inc, EastGroup Properties, Inc, 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 Frasers Logistics & Industrial stock attractive at the current price?
The data as of Sep 27, 2026: price 0.8650 SGD, calculated fair value 1.15 SGD (+33%), Quality Score 61/100, from 14 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 BUOU calculated?
We run Frasers Logistics & Industrial through 14 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 1.15 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. Frasers Logistics & Industrial currently trades 25 % 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 Frasers Logistics & Industrial (BUOU)?
The closing price on Oct 2, 2026 was 0.8650 SGD. Our model-based fair value is 1.15 SGD, about +33% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Frasers Logistics & Industrial right now?
The model range is unusually wide (0.6000 SGD to 2.01 SGD). The outcome hinges heavily on assumptions, so read the point estimate with caution. 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 (61/100) at a price below fair value, the discount is the argument here, not the business quality. As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
Key figures of Frasers Logistics & Industrial
How large is the market capitalisation of Frasers Logistics & Industrial (BUOU)?
The market capitalisation of Frasers Logistics & Industrial is 3.3B SGD (≈ $2.6B). 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 Frasers Logistics & Industrial (BUOU)?
The price-to-sales ratio of Frasers Logistics & Industrial is 6.27 (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 Frasers Logistics & Industrial (BUOU)?
Earnings per share at Frasers Logistics & Industrial are 0.0600 SGD (price ÷ EPS = P/E 14.4). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Frasers Logistics & Industrial (BUOU)?
The dividend yield of Frasers Logistics & Industrial is 6.8% (payout 98.3%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Frasers Logistics & Industrial (BUOU)?
The net margin of Frasers Logistics & Industrial is 43.5% (fiscal year 2025). 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 Frasers Logistics & Industrial (BUOU)?
The return on equity (ROE) of Frasers Logistics & Industrial is 5.2% (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 Frasers Logistics & Industrial (BUOU)?
On an EBIT basis the return on assets of Frasers Logistics & Industrial is 4.0% (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 Frasers Logistics & Industrial (BUOU)?
The operating margin of Frasers Logistics & Industrial is 64.2% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Frasers Logistics & Industrial (BUOU)?
Revenue at Frasers Logistics & Industrial is growing +2.8% versus a year earlier (3y avg +1.6%). 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 Frasers Logistics & Industrial (BUOU)?
Earnings per share at Frasers Logistics & Industrial are growing +8.9% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Frasers Logistics & Industrial (BUOU) carry?
The net debt of Frasers Logistics & Industrial is 2.2B SGD (fiscal year 2025, ≈ 8.8 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
Free · no account needed
Watch Frasers Logistics & Industrial in the live analysis
One click puts Frasers Logistics & Industrial on your watchlist: fair value and trend at a glance, plus comparison, the diversification check and the 35,000+ stock screener. You can also try 14 days of Pro there, no card.
Thin data
Sep 27, 2026