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Frencken Group (E28) Fair Value & Analysis

Technology · SG · Market cap 1.3B SGD

FG Frencken Group E28 · SG
Price2.94 SGD
Fair Value1.82 SGD
Upside-38.1%
Quality74/100
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Evidence: High Range 1.37 SGD – 2.28 SGD

Fair value as of: Jul 4, 2026

From 26 valuation models · updated today

Share price −4.2% over the past month.

Price vs Fair Value (12 months)

3.54 SGD 1.30 SGD Fair Value 1.82 SGD Jul 2025 Jul 2026

12‑month range 1.30 SGD – 3.54 SGD · fair‑value band 1.37 SGD – 2.28 SGD · the 2.94 SGD price screens above the 1.82 SGD fair value. As of Jul 4, 2026.

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Analysis

Frencken Group (E28) currently trades at 2.94 SGD, while our model-based Fair Value estimate is 1.82 SGD — implying the stock looks roughly 38.1% overvalued today. We read business quality at 74/100 (solid quality), in the Technology 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: high).

Over the trailing twelve months, Frencken Group generated revenue of 865M SGD at a net margin of 4.5%. Revenue grew 2.9% year over year. It earns a return on equity of 8.6%. Net debt stands at 1.6M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 865M SGD
Revenue growth (YoY) +2.9%
Net margin 4.5%
Return on equity 8.6%
Free cash flow 147M SGD FY2025
P/E ratio 32.7
More key figures
Operating margin 5.2%
EPS (TTM) 0.0900 SGD
Dividend yield 1.0%
EPS growth (YoY) +0.9%
Net debt 1.6M SGD FY2018

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

About the company

Frencken Group Limited, an investment holding company, provides original design, original equipment, and diversified integrated manufacturing solutions in Singapore, the Netherlands, People's Republic of China, and Malaysia. The company operates through the Mechatronics and Integrated Manufacturing Services (IMS) segments. The Mechatronics segment designs, develops, and produces precision-engineered systems and machines, electromechanical assemblies, and high precision parts and components for original equipment manufacturers in the medical, semiconductor, analytical, pharmaceutical, and industrial/factory automation, aerospace, and other industries. It also offers value engineering, prototyping, program management, supply chain management, precision machining components and sheet metal parts manufacturing, and modular and equipment system assembly, integration, testing, and commissioning; process and manufacturing; production engineering; and turnkey project management and …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Frencken Group reported revenue of 865M SGD in FY2025 versus 767M SGD in FY2021, a compound +3.1%/yr. Reported net income was 39.1M SGD in FY2025, compounding −9.7%/yr from FY2021.

Revenue +3.1%/yr
FY21 767M SGD
FY22 786M SGD
FY23 743M SGD
FY24 794M SGD
FY25 865M SGD
Net income −9.7%/yr
FY21 58.7M SGD
FY22 51.9M SGD
FY23 32.5M SGD
FY24 37.1M SGD
FY25 39.1M SGD

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Frequently asked questions

Is Frencken Group (E28) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 1.82 SGD versus a price of 2.94 SGD — about −38% (overvalued). Model-based estimate, not financial advice.
What is the fair value of E28?
Our model-based fair value for Frencken Group is 1.82 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 2.94 SGD.
What is the quality score of E28?
Frencken Group has a Quality Score of 74/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Frencken Group (E28)?
Frencken Group reported trailing-twelve-month revenue of about 865M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of E28?
The net profit margin of Frencken Group is about 4.5%, meaning it keeps roughly 4.5% of revenue as net income. Based on the latest reported figures.
Does Frencken Group pay a dividend?
Frencken Group currently shows a dividend yield of about 0.97% relative to its recent price (as of Jul 4, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.