FOOD EMPIRE HOLDINGS LIMITED (F03) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of FOOD EMPIRE HOLDINGS LIMITED S$2.09, price S$1.90, upside +10.0%, quality 64 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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FOOD EMPIRE HOLDINGS LIMITED
F03 · SGNeutralQuality growthThe stock looks roughly fairly valued with average quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range 0.2772 SGD – 107.36 SGD · fair‑value band 1.56 SGD – 2.62 SGD · the 1.90 SGD price screens below the 2.09 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
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Company profile
Food Empire Holdings Limited, together with its subsidiaries, operates as a food and beverage manufacturing and distribution company.
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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, Europe, and internationally. The company was founded in 1992 and is headquartered in Singapore.
Stock analysis
FOOD EMPIRE HOLDINGS LIMITED (F03) currently trades at 1.90 SGD, while our model-based Fair Value estimate is 2.09 SGD, implying the stock looks roughly 9.1% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 2.27 SGD per share, and 14 of the 26 models we run sit above the 1.90 SGD price.
Bear case: the Asset-Based group reads lowest at 0.4800 SGD, and 12 of the 26 models stay below the price. Evidence for this calculation is high.
Scenario range: 1.56 SGD (bear) to 2.62 SGD (bull), the price of 1.90 SGD sits inside it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 64/100 (solid quality), in the Consumer Defensive sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
FOOD EMPIRE HOLDINGS LIMITED reported revenue of $577M in FY2025 versus $320M in FY2021, a compound +15.9%/yr. Reported net income was $36.0M in FY2025, compounding +16.6%/yr from FY2021.
Key figures
Market cap 1.3B SGD (≈ $979M) · P/E ratio 14.6 · P/S ratio 0.91 · EPS (TTM) 0.1300 SGD · Dividend yield 3.1% · Net margin 6.2% · Return on equity 21.2% · Return on assets (EBIT) 14.0%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The last reported earnings sit well below what analysts expect (earnings in transition, for example after write-downs or an earnings dip); whether the stock is cheap or expensive hinges on the expected recovery actually arriving. Read the fair value with that caveat.
The share trades about 30% below its 52-week high and 9% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Defensive peers we cover trades at 10% fair-value upside, at 10%, F03 screens cheaper than that median.
Fair Value models
All 26 models by family
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Set up alert →Quality Score breakdown
Of which business quality 65 · Market factors (momentum, volatility) 28
Revenue & earnings trend
Growth Forecast
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Compare FOOD EMPIRE HOLDINGS LIMITED with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Beverages - Non-Alcoholic · 84 stocks
Valuation Multiplesvs Beverages - Non-Alcoholic median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Consumer Staples sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Valuation of the Singapore market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Beverages - Non-Alcoholic stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| The Coca-Cola Company KO | $86.84 | $29.32 | −66% |
| PepsiCo, Inc PEP | $126.72 | $96.95 | −23% |
| Monster Beverage Corporation MNST | $41.86 | $46.05 | +10% |
| Nongfu Spring Co 9633 | HK$38.40 | HK$42.24 | +10% |
| Coca-Cola Europacific Partners PLC CCEP | $102.87 | $85.49 | −17% |
| Keurig Dr Pepper Inc KDP | $31.03 | $40.34 | +30% |
| Varun Beverages Limited VBL | ₹434.65 | ₹187.49 | −57% |
| Eastroc Beverage (Group) Co 605499 | ¥110.83 | ¥173.16 | +56% |
| Hebei Yangyuan ZhiHui Beverage Co 603156 | ¥43.90 | ¥17.77 | −60% |
| Celsius Holdings CELH | $27.99 | $30.79 | +10% |
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Key figures of FOOD EMPIRE HOLDINGS LIMITED
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