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KSH Holdings (ER0) Fair Value & Analysis

Industrials · SG · Market cap 182M SGD

KH KSH Holdings ER0 · SG
Price0.3200 SGD
Fair Value0.2000 SGD
Upside-37.5%
Quality60/100
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Evidence: High Range 0.1500 SGD – 0.2500 SGD

Fair value as of: Jul 4, 2026

From 22 valuation models · updated today

Share price −8.6% over the past month.

Price vs Fair Value (12 months)

0.4142 SGD 0.2657 SGD Fair Value 0.2000 SGD Jul 2025 Jul 2026

12‑month range 0.2657 SGD – 0.4142 SGD · fair‑value band 0.1500 SGD – 0.2500 SGD · the 0.3200 SGD price screens above the 0.2000 SGD fair value. As of Jul 4, 2026.

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Analysis

KSH Holdings (ER0) currently trades at 0.3200 SGD, while our model-based Fair Value estimate is 0.2000 SGD — implying the stock looks roughly 37.5% overvalued today. We read business quality at 60/100 (solid quality), in the Industrials 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, KSH Holdings generated revenue of 158M SGD at a net margin of 4.3%. Revenue declined 32.5% year over year. It earns a return on equity of 1.8%. Net debt stands at 38.2M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 158M SGD
Revenue growth (YoY) -32.5%
Net margin 4.3%
Return on equity 1.8%
Free cash flow 31.7M SGD FY2026
P/E ratio 32.0
More key figures
Operating margin 5.3%
EPS (TTM) 0.0100 SGD
Dividend yield 4.8%
EPS growth (YoY) +169%
Net debt 38.2M SGD FY2026

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

About the company

KSH Holdings Limited, together with its subsidiaries, engages in the construction business in Singapore and the People's Republic of China. It operates through Construction, Property Development and Investment, and Others segments. The company operates as contractors on construction projects; and provides construction services to property developers in the private and public sectors. It also develops and constructs residential, commercial, hospitality, and mixed-use development projects. In addition, the company engages in the development, rental, and sale of properties; holding of assets for investment; and provision of property management services. KSH Holdings Limited was incorporated in 1979 and is based in Singapore.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

KSH Holdings reported revenue of 150M SGD in FY2026 versus 240M SGD in FY2022, a compound −11.1%/yr. Reported net income was 6.8M SGD in FY2026, compounding −27.1%/yr from FY2022.

Revenue −11.1%/yr
FY22 240M SGD
FY23 298M SGD
FY24 214M SGD
FY25 182M SGD
FY26 150M SGD
Net income −27.1%/yr
FY22 24.2M SGD
FY23 22.1M SGD
FY24 −31.0M SGD
FY25 −5.9M SGD
FY26 6.8M SGD

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Similar stocks

6 more Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Jul 4, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LTOD $0.4110 $0.0100 -98%
Samsung C&T Corporation 028260 520,000 KRW 268,469 KRW -48%
China State Construction Engineering Corporation 601668 ¥4.65 ¥17.35 +273%
TopBuild Corp BLD 7,547 MXN 324.01 MXN -96%
Hyundai Engineering & Construction Co 000720 130,300 KRW 55,602 KRW -57%
United Integrated Services Co 2404 1,205 TWD 1,891 TWD +57%

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Frequently asked questions

Is KSH Holdings (ER0) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.2000 SGD versus a price of 0.3200 SGD — about −38% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ER0?
Our model-based fair value for KSH Holdings is 0.2000 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.3200 SGD.
What is the quality score of ER0?
KSH Holdings has a Quality Score of 60/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of KSH Holdings (ER0)?
KSH Holdings reported trailing-twelve-month revenue of about 158M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of ER0?
The net profit margin of KSH Holdings is about 4.3%, meaning it keeps roughly 4.3% of revenue as net income. Based on the latest reported figures.
Does KSH Holdings pay a dividend?
KSH Holdings currently shows a dividend yield of about 4.76% 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.