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Food Empire Holdings (F03) Fair Value & Analysis

Consumer Defensive · SG · Market cap 1.7B SGD

FE Food Empire Holdings F03 · SG
Price2.53 SGD
Fair Value1.14 SGD
Upside-54.9%
Quality63/100
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Evidence: High Range 0.8600 SGD – 1.43 SGD

Fair value as of: Jul 4, 2026

From 26 valuation models · updated today

Share price +0.8% over the past month.

Price vs Fair Value (12 months)

107.36 SGD 1.51 SGD Fair Value 1.14 SGD Jul 2025 Jul 2026

12‑month range 1.51 SGD – 107.36 SGD · fair‑value band 0.8600 SGD – 1.43 SGD · the 2.53 SGD price screens above the 1.14 SGD fair value. As of Jul 4, 2026.

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Analysis

Food Empire Holdings (F03) currently trades at 2.53 SGD, while our model-based Fair Value estimate is 1.14 SGD — implying the stock looks roughly 54.9% overvalued today. We read business quality at 63/100 (solid quality), in the Consumer Defensive 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, Food Empire Holdings generated revenue of 577M SGD at a net margin of 6.2%. Revenue grew 20.6% year over year. It earns a return on equity of 10.8%. The stock trades on a trailing P/E of 36.1. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 577M SGD
Revenue growth (YoY) +20.6%
Net margin 6.2%
Return on equity 10.8%
Free cash flow 61.1M SGD FY2025
P/E ratio 36.1
More key figures
Operating margin 16.7%
EPS (TTM) 0.0700 SGD
Dividend yield 2.1%
EPS growth (YoY) +6.4%

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

About the company

Food Empire Holdings Limited, together with its subsidiaries, operates as a food and beverage manufacturing and distribution company. It offers instant coffee, tea, hot chocolate, and snack food products under the MacCoffee, CaféPH", Petrovskaya Sloboda, Klassno, Hillway, Kracks, MacTea, MacCereal, MacChocolate, MacChoco, CaféRite, NutriRite, FesAroma, Melosa, Assam, Nauryz, Simba, and Indira brand names. The company also engages in the manufacturing, production, preparation, packaging, sale, marketing, distribution, procurement, wholesale, and trade of instant food and beverages, including snack food, dairy products, tea, infusions, coffee, freeze dried instant coffee, confectionery, and chocolate; procurement and sale of raw materials, processed and non-processed food, and finished goods; general trading; and owning and leasing of real estate properties. It also exports its products. Food Empire Holdings Limited operates in Russia, Southeast Asia, Central Asia, South Asia, …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Food Empire Holdings reported revenue of 577M SGD in FY2025 versus 320M SGD in FY2021, a compound +15.9%/yr. Reported net income was 36.0M SGD in FY2025, compounding +16.6%/yr from FY2021.

Revenue +15.9%/yr
FY21 320M SGD
FY22 398M SGD
FY23 426M SGD
FY24 476M SGD
FY25 577M SGD
Net income +16.6%/yr
FY21 19.5M SGD
FY22 60.1M SGD
FY23 56.5M SGD
FY24 52.5M SGD
FY25 36.0M SGD

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Frequently asked questions

Is Food Empire Holdings (F03) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 1.14 SGD versus a price of 2.53 SGD — about −55% (overvalued). Model-based estimate, not financial advice.
What is the fair value of F03?
Our model-based fair value for Food Empire Holdings is 1.14 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 2.53 SGD.
What is the quality score of F03?
Food Empire Holdings has a Quality Score of 63/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Food Empire Holdings (F03)?
Food Empire Holdings reported trailing-twelve-month revenue of about 577M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of F03?
The net profit margin of Food Empire Holdings is about 6.2%, meaning it keeps roughly 6.2% of revenue as net income. Based on the latest reported figures.
Does Food Empire Holdings pay a dividend?
Food Empire Holdings currently shows a dividend yield of about 2.13% 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.