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SINOSTAR PEC HOLDINGS LIMITED (C9Q) Fair Value & Analysis

Energy · SG · Market cap 101M SGD

SP SINOSTAR PEC HOLDINGS LIMITED C9Q · SG
Price0.1140 SGD
Fair Value0.1247 SGD
Upside+9.4%
Quality39/100
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Mixed Growth
Thin margins · 1.1% net margin
Low debt · generates free cash flow
Ranks above peers (8/11)
Narrow moat 32/100
Evidence: High Range 0.0779 SGD – 0.1715 SGD Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 4 days ago

Share price +18.8% over the past month.

Below-average quality, currently priced close to our fair value.

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What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (0.0779 SGD to 0.1715 SGD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

0.4139 SGD 0.0743 SGD Fair Value 0.1247 SGD May 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 0.0743 SGD – 0.4139 SGD · fair‑value band 0.0779 SGD – 0.1715 SGD · the 0.1140 SGD price screens below the 0.1247 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

SINOSTAR PEC HOLDINGS LIMITED (C9Q) currently trades at 0.1140 SGD, while our model-based Fair Value estimate is 0.1247 SGD, implying the stock looks roughly 9.4% fairly valued today. The Quality Score stands at 39/100 (below-average quality), in the Energy 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: high), always confirm before acting.

Over the trailing twelve months, SINOSTAR PEC HOLDINGS LIMITED generated revenue of 4.4B SGD at a net margin of 1.1%. Revenue declined 10.8% year over year. It earns a return on equity of 3.1%. Net debt stands at 197M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.0779 SGD (bear case) to 0.1715 SGD (bull case); at 0.1140 SGD, the current price sits within 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 26% below its 52-week high and 43% above its 52-week low, currently above its 200-day average. For context, the median of 10 Energy peers we cover trades at -35% fair-value upside, at 9%, C9Q 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 1.75 SGD 2.60 SGD 3.67 SGD 80
Residual Income 1.03 SGD 0.9300 SGD 0.6100 SGD 76
Rev-Margin DCF 0.9600 SGD 1.38 SGD 1.90 SGD 74
All 24 models by family
DCF Models
FCF DCF 1.77 SGD 2.72 SGD 4.01 SGD 38
Owner Earnings 1.49 SGD 2.30 SGD 3.39 SGD 31
5Y Revenue Exit 0.9600 SGD 1.35 SGD 1.82 SGD 39
5Y EBITDA Exit 1.27 SGD 1.96 SGD 2.77 SGD 41
5Y P/E Exit 0.8300 SGD 1.09 SGD 1.35 SGD 38
10Y Revenue Exit 1.28 SGD 1.71 SGD 2.27 SGD 36
10Y EBITDA Exit 1.46 SGD 2.09 SGD 2.93 SGD 37
10Y P/E Exit 1.21 SGD 1.56 SGD 1.95 SGD 35
Earnings-Based
Graham-Dodd 0.1800 SGD 0.7300 SGD 0.9900 SGD 54
Lynch FV 0.1800 SGD 0.2600 SGD 0.3400 SGD 50
PEG = 1.0 0.1800 SGD 0.2600 SGD 0.3400 SGD 46
EPV 0.0900 SGD 0.1200 SGD 0.1400 SGD 59
Multiples
P/E Multiple 0.2800 SGD 0.3700 SGD 0.4700 SGD 63
P/S Multiple 0.3400 SGD 0.4500 SGD 0.5700 SGD 58
P/B Multiple 0.3400 SGD 0.4500 SGD 0.5700 SGD 55
EV/EBIT 0.3100 SGD 0.4400 SGD 0.5800 SGD 53
EV/EBITDA 1.02 SGD 1.39 SGD 1.77 SGD 54
EV/Revenue 0.3900 SGD 0.6100 SGD 0.8200 SGD 43
Asset-Based
NCAV (Graham) 0.8300 SGD 1.11 SGD 1.66 SGD 50
Growth DCF
Growth DCF 1.75 SGD 2.60 SGD 3.67 SGD 80
Rev-Margin DCF 0.9600 SGD 1.38 SGD 1.90 SGD 74
Economic Profit
Residual Income 1.03 SGD 0.9300 SGD 0.6100 SGD 76
ROIC Compounder 0.0900 SGD 0.1200 SGD 0.1400 SGD 72
Growth Earnings
Growth-Adj P/E 0.2600 SGD 0.3700 SGD 0.4800 SGD 68

Widest divergence: DCF Models (1.71 SGD) versus Economic Profit (0.1200 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 4.4B SGD
Revenue growth (YoY) -10.8%
Net margin 1.1%
Return on equity 3.1%
Free cash flow 202M SGD FY2025
P/E ratio 11.4
More key figures
Operating margin 8.1%
EPS (TTM) 0.0100 SGD
EPS growth (YoY) +54.0%
Net debt 197M SGD FY2025

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

Quality Score breakdown

Overall quality 39/100

Of which business quality 42 · Market factors (momentum, volatility) 39

Profitability 35
Margins and returns on capital today
Quality Growth 5
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 62
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 51
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 28
Distance to the 52-week high (market factor)
Net Issuance 0
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

Sinostar PEC Holdings Limited, an investment holding company, produces and supplies petrochemical products in the People's Republic of China. It operates in two segments, Gas Separation, and Transport and Logistic Services.

Full company description

Sinostar PEC Holdings Limited, an investment holding company, produces and supplies petrochemical products in the People's Republic of China. It operates in two segments, Gas Separation, and Transport and Logistic Services. The company offers propylene, polypropylene, purified isobutylene, methyl tert-butyl ether, hydrogen, mixed gas, and processed liquefied petroleum gas (LPG) products. It also provides logistics and transportation services for delivering LPG and petrochemical related products. The company was incorporated in 2006 and is headquartered in Dongming, the People's Republic of China. Sinostar PEC Holdings Limited is a subsidiary of Intelligent People Holdings Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SINOSTAR PEC HOLDINGS LIMITED reported revenue of 4.5B SGD in FY2025 versus 4.7B SGD in FY2021, a compound −1.0%/yr. Reported net income was 25.7M SGD in FY2025, compounding −42.7%/yr from FY2021.

Growth Quality 63/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2025)
4.5B SGD
Latest YoY
−17.1%
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.
−2.3%
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.
+7.3%
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.
+26.7%
Revenue −1.0%/yr
FY21 4.7B SGD
FY22 4.8B SGD
FY23 5.3B SGD
FY24 5.5B SGD
FY25 4.5B SGD
Net income −42.7%/yr
FY21 237M SGD
FY22 39.4M SGD
FY23 218M SGD
FY24 170M SGD
FY25 25.7M SGD

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Cite: Fair Value Calculator (2026). "SINOSTAR PEC HOLDINGS LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/C9Q

Peer Group

Oil & Gas E&P · 318 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 39 · Below median
Fair Value upside +9% · Top 25%
Return on equity (TTM) 3% · Above median
Return on assets 2% · Above median
Net margin (TTM) 1% · Above median
Operating margin (TTM) 8% · Below median
Revenue growth -11% · Below median
Dividend yield (TTM) 17.0% · Top 25%
Debt / equity 0.06× · Lower than median

Valuation Multiples vs Oil & Gas E&P median · lower = cheaper

P/E (TTM) 11.4× · Cheaper than median
P/FCF 0.4× · Cheaper 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 46 · sector 10
FUTURE 0 · sector 0
PAST 12 · sector 0
HEALTH 97 · sector 87
DIVIDEND 100 · sector 66

Values & ESG

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

Oil & gas

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

Similar stocks

10 more Oil & Gas E&P stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
CNOOC Limited 600938 ¥32.85 ¥32.55 -1%
ConocoPhillips explores for, COP $126.78 $90.15 -29%
Canadian Natural Resources Limited CNQ $47.57 $31.14 -35%
EOG Resources, Inc EOG $143.14 $130.19 -9%
Occidental Petroleum Corporation OXY $58.55 $30.06 -49%
Diamondback Energy, Inc FANG $201.71 $105.24 -48%
Devon Energy Corporation DVN $44.86 $27.06 -40%
Woodside Energy Group WDS A$32.55 A$20.71 -36%
EQT Corporation EQT $54.06 $42.85 -21%
Texas Pacific Land Corporation TPL $342.77 $77.26 -77%

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Frequently asked questions

Is SINOSTAR PEC HOLDINGS LIMITED (C9Q) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.1247 SGD versus a price of 0.1140 SGD, about +9% (fairly valued).
What is the fair value of C9Q?
Our model-based fair value for SINOSTAR PEC HOLDINGS LIMITED is 0.1247 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.1140 SGD.
What is the quality score of C9Q?
SINOSTAR PEC HOLDINGS LIMITED has a Quality Score of 39/100. 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 SINOSTAR PEC HOLDINGS LIMITED (C9Q)?
SINOSTAR PEC HOLDINGS LIMITED reported trailing-twelve-month revenue of about 4.4B SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of C9Q?
The net profit margin of SINOSTAR PEC HOLDINGS LIMITED is about 1.1%, meaning it keeps roughly 1.1% of revenue as net income. 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.

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