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CASA HOLDINGS LIMITED (C04) Fair Value & Analysis

Consumer Cyclical · SG · Market cap 21.6M SGD

CH CASA HOLDINGS LIMITED C04 · SG
Price0.1140 SGD
Fair Value0.1300 SGD
Upside+14.0%
Quality44/100
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Mixed Growth
Loss-making · -8.9% net margin
Low debt · generates free cash flow
4.85% dividend yield
Trails peers (4/12)
Narrow moat 1/100
Evidence: Low Range 0.1300 SGD – 0.1300 SGD Share as image

Fair value as of: Aug 13, 2026

From 6 valuation models · updated 4 days ago

Below-average quality, screening 14% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.1300 SGD). The market is more pessimistic than our downside scenario.
  • Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
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Price vs Fair Value (5 years)

0.1442 SGD 0.0435 SGD Fair Value 0.1300 SGD Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 0.0435 SGD – 0.1442 SGD · the 0.1140 SGD price screens below the 0.1300 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

CASA HOLDINGS LIMITED (C04) currently trades at 0.1140 SGD, while our model-based Fair Value estimate is 0.1300 SGD, implying the stock looks roughly 14.0% undervalued today. The Quality Score stands at 44/100 (below-average quality), in the Consumer Cyclical 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: low), always confirm before acting.

Over the trailing twelve months, CASA HOLDINGS LIMITED generated revenue of 18.5M SGD at a net margin of -8.9%. Revenue declined 17.3% year over year. It earns a return on equity of -3.8%. Fundamentals as of Aug 13, 2026

The share trades about 26% below its 52-week high and 13% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at 8% fair-value upside, at 14%, C04 screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

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. Evidence
Highest evidence
Growth DCF 0.1300 SGD 0.1300 SGD 0.1300 SGD 80
NCAV (Graham) 0.1600 SGD 0.2100 SGD 0.3100 SGD 50
EV/Revenue 0.1300 SGD 0.1300 SGD 0.1300 SGD 43
All 6 models by family
DCF Models
FCF DCF 0.1300 SGD 0.1300 SGD 0.1300 SGD 38
5Y Revenue Exit 0.1300 SGD 0.1300 SGD 0.1300 SGD 39
10Y Revenue Exit 0.1300 SGD 0.1300 SGD 0.1300 SGD 36
Multiples
EV/Revenue 0.1300 SGD 0.1300 SGD 0.1300 SGD 43
Asset-Based
NCAV (Graham) 0.1600 SGD 0.2100 SGD 0.3100 SGD 50
Growth DCF
Growth DCF 0.1300 SGD 0.1300 SGD 0.1300 SGD 80

Widest divergence: Asset-Based (0.2100 SGD) versus DCF Models (0.1300 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 18.5M SGD
Revenue growth (YoY) -17.3%
Net margin -8.9%
Return on equity -3.8%
Free cash flow 13.0K SGD FY2025
Operating margin -26.2%
More key figures
EPS (TTM) -0.0100 SGD
Dividend yield 4.9%
EPS growth (YoY) -76.2%

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 45 · Market factors (momentum, volatility) 40

Profitability 9
Margins and returns on capital today
Quality Growth 27
Are margins and returns improving?
Cashflow 12
Earnings quality: real cash, not paper profit
Fin. Strength 77
Balance sheet, leverage, solvency risk
Investment 94
Disciplined investing over empire-building
Low Volatility 54
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 29
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Casa Holdings Limited, an investment holding company, engages in the trading of electrical and electronic home appliances, kitchen and bathroom fixtures, and accessories in Singapore, Malaysia, Morocco, and internationally. It operates through two segments, Trading and Property Development.

Full company description

Casa Holdings Limited, an investment holding company, engages in the trading of electrical and electronic home appliances, kitchen and bathroom fixtures, and accessories in Singapore, Malaysia, Morocco, and internationally. It operates through two segments, Trading and Property Development. The company offers kitchen, laundry, bathroom, lifestyle, heating products under the EF, Elba, Beko, Rubine, Ferroli, Chateau, KITH, Westinghouse Homeware, uHoo, Evel, and Entropy brand names. It is also involved in the property development and construction activities. Casa Holdings Limited was founded in 1976 and is based in Singapore.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

CASA HOLDINGS LIMITED reported revenue of 20.3M SGD in FY2025 versus 19.0M SGD in FY2021, a compound +1.7%/yr. Reported net income was −1.3M SGD in FY2025.

Growth Quality 39/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
20.3M SGD
Latest YoY
−1.9%
Avg. growth/yr (3Y) 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.
−2.1%
Avg. growth/yr (5Y) 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.
+6.7%
Avg. growth/yr (12Y) 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.
−3.5%
Revenue +1.7%/yr
FY21 19.0M SGD
FY22 21.7M SGD
FY23 23.5M SGD
FY24 20.7M SGD
FY25 20.3M SGD
Net income
FY21 2.4M SGD
FY22 1.8M SGD
FY23 2.0M SGD
FY24 8.1M SGD
FY25 −1.3M SGD

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Cite: Fair Value Calculator (2026). "CASA HOLDINGS LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/C04

Peer Group

Furnishings, Fixtures & Appliances · 315 stocks

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.

Quality Score 44 · Below median
Fair Value upside +14% · Above median
Return on assets -2% · Bottom 25%
Net margin (TTM) -9% · Bottom 25%
Operating margin (TTM) -26% · Bottom 25%
Revenue growth -17% · Bottom 25%
Dividend yield (TTM) 4.9% · Above median
Debt / equity 0.00× · Lower than 75% of peers

Valuation Multiples vs Furnishings, Fixtures & Appliances median · lower = cheaper

P/B 0.26× · Cheaper than 75% of peers
P/S (TTM) 0.92× · Pricier than median
P/FCF 1,301.0× · Pricier than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 52 · sector 20
FUTURE 0 · sector 0
PAST 0 · sector 19
HEALTH 100 · sector 98
DIVIDEND 97 · sector 63

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Furnishings, Fixtures & Appliances stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Midea Group 000333 ¥84.34 ¥99.66 +18%
Gree Electric Appliances, Inc 000651 ¥40.23 ¥86.91 +116%
Haier Smart Home Co 600690 ¥21.79 ¥36.04 +65%
King Slide Works Co 2059 12,500 TWD 1,917 TWD -85%
Guangdong Songfa Ceramics Co 603268 ¥173.26 ¥38.83 -78%
Hisense Home Appliances Group 000921 ¥27.69 ¥50.62 +83%
Ecovacs Robotics Co 603486 ¥57.74 ¥54.14 -6%
Zhejiang Supor Co 002032 ¥41.68 ¥44.84 +8%
COWAY Co 021240 97,200 KRW 103,928 KRW +7%
Voltas Limited VOLTAS ₹1,290 ₹152.27 -88%

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Frequently asked questions

Is CASA HOLDINGS LIMITED (C04) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.1300 SGD versus a price of 0.1140 SGD, about +14% (undervalued).
What is the fair value of C04?
Our model-based fair value for CASA HOLDINGS LIMITED is 0.1300 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.1140 SGD.
What is the quality score of C04?
CASA HOLDINGS LIMITED has a Quality Score of 44/100. 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 revenue of CASA HOLDINGS LIMITED (C04)?
CASA HOLDINGS LIMITED reported trailing-twelve-month revenue of about 18.5M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of C04?
The net profit margin of CASA HOLDINGS LIMITED is about -8.9%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does CASA HOLDINGS LIMITED pay a dividend?
CASA HOLDINGS LIMITED currently shows a dividend yield of about 4.85% relative to its recent price (as of Aug 13, 2026).

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.

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