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Chemical Industries (Far East) Limited (C05) Fair Value & Analysis

Basic Materials · SG · Market cap 46.3M SGD

CI Chemical Industries (Far East) Limited C05 · SG
Price0.6100 SGD
Fair Value0.9601 SGD
Upside+57.4%
Quality54/100
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Weak Growth
Loss-making · -1.5% net margin
Low debt · generates free cash flow
0.79% dividend yield
Mixed vs. peers (6/14)
Narrow moat 11/100
Evidence: Medium Range 0.8401 SGD – 1.14 SGD Share as image

Fair value as of: Aug 9, 2026

From 13 valuation models · updated today

Share price +6.0% over the past month.

A solid business, screening 57% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.8401 SGD). The market is more pessimistic than our downside scenario.
  • Solid quality (54/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

0.7421 SGD 0.4324 SGD Fair Value 0.9601 SGD May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 9, 2026.

How to read this chart

60‑month range 0.4324 SGD – 0.7421 SGD · fair‑value band 0.8401 SGD – 1.14 SGD · the 0.6100 SGD price screens below the 0.9601 SGD fair value. Dashed = 300-day average. As of Aug 9, 2026.

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Analysis

Chemical Industries (Far East) Limited (C05) currently trades at 0.6100 SGD, while our model-based Fair Value estimate is 0.9601 SGD, implying the stock looks roughly 57.4% undervalued today. The Quality Score stands at 54/100 (solid quality), in the Basic Materials 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: medium), always confirm before acting.

Over the trailing twelve months, Chemical Industries (Far East) Limited generated revenue of 60.6M SGD at a net margin of -1.5%. Revenue declined 4.5% year over year. It earns a return on equity of -0.9%. Fundamentals as of Aug 9, 2026

Our scenario range runs from 0.8401 SGD (bear case) to 1.14 SGD (bull case); at 0.6100 SGD, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 10% below its 52-week high and 32% above its 52-week low, currently above its 200-day average. For context, the median of 10 Basic Materials peers we cover trades at -46% fair-value upside, at 57%, C05 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 BearBaseBull Evidence
Highest evidence
Growth DCF 0.3900 SGD 0.4200 SGD 0.4600 SGD 80
Rev-Margin DCF 0.3900 SGD 0.4500 SGD 0.5300 SGD 74
Gordon GGM 0.2300 SGD 0.2500 SGD 0.2700 SGD 70
All 13 models by family
DCF Models
FCF DCF 0.3800 SGD 0.4100 SGD 0.4600 SGD 38
Owner Earnings 0.3900 SGD 0.4300 SGD 0.4800 SGD 31
5Y Revenue Exit 0.3900 SGD 0.4500 SGD 0.5300 SGD 39
5Y EBITDA Exit 0.4800 SGD 0.6000 SGD 0.7600 SGD 41
10Y Revenue Exit 0.3800 SGD 0.4200 SGD 0.4600 SGD 36
10Y EBITDA Exit 0.4300 SGD 0.5000 SGD 0.5800 SGD 37
Dividend Discount
Gordon GGM 0.2300 SGD 0.2500 SGD 0.2700 SGD 70
DDM Multi-Stage 0.2300 SGD 0.2700 SGD 0.3100 SGD 61
Multiples
EV/EBITDA 0.6200 SGD 0.7400 SGD 0.8600 SGD 54
EV/Revenue 0.4100 SGD 0.4800 SGD 0.5400 SGD 43
Asset-Based
NCAV (Graham) 0.6900 SGD 0.9300 SGD 1.39 SGD 50
Growth DCF
Growth DCF 0.3900 SGD 0.4200 SGD 0.4600 SGD 80
Rev-Margin DCF 0.3900 SGD 0.4500 SGD 0.5300 SGD 74

Widest divergence: Asset-Based (0.9300 SGD) versus Dividend Discount (0.2500 SGD). Highest evidence: Growth DCF (80).

Key figures & financial health

Revenue (TTM) 60.6M SGD
Revenue growth (YoY) -4.5%
Net margin -1.5%
Return on equity -0.9%
Free cash flow 1.2M SGD FY2026
Operating margin 0.8%
More key figures
EPS (TTM) -0.0100 SGD
Dividend yield 0.8%
EPS growth (YoY) +123%

Figures from reported company fundamentals · as of Aug 9, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 54/100

Of which business quality 52 · Market factors (momentum, volatility) 61

Profitability 15
Margins and returns on capital today
Quality Growth 55
Are margins and returns improving?
Cashflow 19
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 62
Calm price path (market factor)
Momentum 58
Price trend over the last 3–12 months (market factor)
52W Momentum 64
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

Chemical Industries (Far East) Limited, an investment holding company, manufactures and sells chemicals in Singapore and Myanmar. The company operates in two segments, Industrial Chemicals and Properties.

Full company description

Chemical Industries (Far East) Limited, an investment holding company, manufactures and sells chemicals in Singapore and Myanmar. The company operates in two segments, Industrial Chemicals and Properties. It engages in the manufacture and wholesale of sodium hypochlorite; and manufacture of basic chemicals, as well as offers sodium hydroxide, chlorine, hydrochloric acid, and calcium hydroxide for water treatment chemicals and electronics; and distribution and transportation services. The company also manages and rents commercial properties; and act as a proprietor of commercial buildings. In addition, it offers lab, engineering, wastewater management, and tolling services. The company was incorporated in 1962 and is based in Singapore.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Chemical Industries (Far East) Limited reported revenue of 60.6M SGD in FY2026 versus 85.0M SGD in FY2022, a compound −8.1%/yr. Reported net income was −919K SGD in FY2026.

Growth Quality 21/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2026)
60.6M SGD
Latest YoY
−7.3%
Avg. growth/yr (3Y)
−15.4%
Avg. growth/yr (5Y)
−0.8%
Avg. growth/yr (12Y)
−4.1%
Revenue −8.1%/yr
FY22 85.0M SGD
FY23 100M SGD
FY24 72.6M SGD
FY25 65.4M SGD
FY26 60.6M SGD
Net income
FY22 6.8M SGD
FY23 3.6M SGD
FY24 4.9M SGD
FY25 −21.5M SGD
FY26 −919K SGD

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Cite: Fair Value Calculator (2026). "Chemical Industries (Far East) Limited Fair Value". https://www.fairvalue-calculator.com/stock/C05

Peer Group

Chemicals · 337 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 54 · Above median
Fair Value upside +57% · Top 25%
Return on assets -1% · Bottom 25%
Net margin (TTM) -2% · Bottom 25%
Operating margin (TTM) 1% · Bottom 25%
Revenue growth -5% · Below median
Dividend yield (TTM) 0.8% · Below median

Valuation Multiples vs Chemicals median · lower = cheaper

P/B 0.34× · Cheaper than 75% of peers
P/S (TTM) 0.60× · Cheaper than median
P/FCF 29.0× · Pricier than 75% of peers
EV/EBITDA 6.4× · Cheaper than median
PEG 1.86× · 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 100 · sector 0
FUTURE 0 · sector 20
PAST 0 · sector 19
HEALTH 100 · sector 94
DIVIDEND 16 · sector 27

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 Chemicals stocks, each showing price versus our Fair Value estimate (as of Aug 9, 2026).

Stock Price Fair Value vs Fair Value
BASF SE BASN 1,034 MXN 532.13 MXN -49%
Ningxia Baofeng Energy Group 600989 ¥20.32 ¥20.17 -1%
Zhejiang Juhua Co 600160 ¥42.85 ¥23.35 -46%
PT Barito Pacific Tbk, BRPT 1,690 IDR 1,628 IDR -4%
LG Chem, Ltd 051910 260,500 KRW 587,755 KRW +126%
Formosa Chemicals & Fibre Corporation 1326 66.10 TWD 6.79 TWD -90%
PTT Global Chemical Public Company PTTGC 35.50 THB 18.21 THB -49%
542812 542812 ₹4,369 ₹791.05 -82%
Indorama Ventures Public Company IVL 24.50 THB 17.95 THB -27%
Navin Fluorine International Limited NAVINFLUOR ₹8,650 ₹2,146 -75%

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Frequently asked questions

Is Chemical Industries (Far East) Limited (C05) overvalued or undervalued?
As of Aug 9, 2026, our model estimates a fair value of 0.9601 SGD versus a price of 0.6100 SGD, about +57% (undervalued).
What is the fair value of C05?
Our model-based fair value for Chemical Industries (Far East) Limited is 0.9601 SGD (as of Aug 9, 2026), built from audited fundamentals. The current price is 0.6100 SGD.
What is the quality score of C05?
Chemical Industries (Far East) Limited has a Quality Score of 54/100. It combines two groups: business quality (profitability, growth, cash flow, balance-sheet strength) and market factors (price momentum, distance to the 52-week high, volatility). Both subtotals are shown separately in the detail view.
What is the revenue of Chemical Industries (Far East) Limited (C05)?
Chemical Industries (Far East) Limited reported trailing-twelve-month revenue of about 60.6M SGD (latest available figure, as of Aug 9, 2026).
What is the net profit margin of C05?
The net profit margin of Chemical Industries (Far East) Limited is about -1.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Chemical Industries (Far East) Limited pay a dividend?
Chemical Industries (Far East) Limited currently shows a dividend yield of about 0.79% relative to its recent price (as of Aug 9, 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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