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GUOCOLAND LIMITED (F17) Fair Value & Analysis

Real Estate · SG · Market cap 2.5B SGD

GL GUOCOLAND LIMITED F17 · SG
Price2.27 SGD
Fair Value1.58 SGD
Upside-30.4%
Quality58/100
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Healthy Growth
Thin margins · 7.0% net margin
Moderate debt · generates free cash flow
3.27% dividend yield
Mixed vs. peers (8/15)
Narrow moat 41/100
Evidence: Medium Range 1.18 SGD – 2.29 SGD Share as image

Fair value as of: Aug 13, 2026

From 14 valuation models · updated 4 days ago

Share price +2.3% over the past month.

A solid business, but screening 30% overvalued on our models.

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What matters now

  • Solid but not exceptional quality (58/100) and above fair value, neither a clear bargain nor a standout compounder.
  • A fairly wide model range (1.18 SGD to 2.29 SGD) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

2.88 SGD 1.25 SGD Fair Value 1.58 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 1.25 SGD – 2.88 SGD · fair‑value band 1.18 SGD – 2.29 SGD · the 2.27 SGD price screens above the 1.58 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

GUOCOLAND LIMITED (F17) currently trades at 2.27 SGD, while our model-based Fair Value estimate is 1.58 SGD, implying the stock looks roughly 30.4% overvalued today. The Quality Score stands at 58/100 (solid quality), in the Real Estate 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: medium).

Over the trailing twelve months, GUOCOLAND LIMITED generated revenue of 1.7B SGD at a net margin of 7.0%. Revenue declined 22.1% year over year. It earns a return on equity of 2.6%. Net debt stands at 4.7B SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1.18 SGD (bear case) to 2.29 SGD (bull case); at 2.27 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 22% below its 52-week high and 54% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 15% fair-value upside, at -30%, F17 screens richer 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 1.42 SGD 80
Residual Income 2.74 SGD 2.61 SGD 2.06 SGD 76
Rev-Margin DCF 0.1200 SGD 1.79 SGD 74
All 14 models by family
DCF Models
FCF DCF 1.56 SGD 38
5Y Revenue Exit 0.1400 SGD 1.99 SGD 39
5Y EBITDA Exit 1.12 SGD 3.38 SGD 41
10Y Revenue Exit 1.66 SGD 36
10Y EBITDA Exit 0.5400 SGD 2.74 SGD 37
Multiples
P/S Multiple 1.18 SGD 1.58 SGD 1.97 SGD 58
P/B Multiple 1.18 SGD 1.58 SGD 1.97 SGD 55
EV/EBIT 0.7100 SGD 2.06 SGD 3.41 SGD 53
EV/EBITDA 1.00 SGD 2.09 SGD 54
EV/Revenue 0.8100 SGD 43
Asset-Based
NCAV (Graham) 1.96 SGD 2.63 SGD 3.92 SGD 50
Growth DCF
Growth DCF 1.42 SGD 80
Rev-Margin DCF 0.1200 SGD 1.79 SGD 74
Economic Profit
Residual Income 2.74 SGD 2.61 SGD 2.06 SGD 76

Widest divergence: Asset-Based (2.63 SGD) versus Growth DCF (0.1200 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.7B SGD
Revenue growth (YoY) -22.1%
Net margin 7.0%
Return on equity 2.6%
Free cash flow 196M SGD FY2025
P/E ratio 22.7
More key figures
Operating margin 23.0%
EPS (TTM) 0.1000 SGD
Dividend yield 3.3%
EPS growth (YoY) +20.7%
Net debt 4.7B SGD FY2025

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

Quality Score breakdown

Overall quality 58/100

Of which business quality 55 · Market factors (momentum, volatility) 62

Profitability 17
Margins and returns on capital today
Quality Growth 52
Are margins and returns improving?
Cashflow 72
Earnings quality: real cash, not paper profit
Fin. Strength 29
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 43
Price trend over the last 3–12 months (market factor)
52W Momentum 61
Distance to the 52-week high (market factor)
Net Issuance 89
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

GuocoLand Limited, an investment holding company, engages in the property investment and development business. It operates through GuocoLand Singapore, GuocoLand China, and GuocoLand Malaysia segments.

Full company description

GuocoLand Limited, an investment holding company, engages in the property investment and development business. It operates through GuocoLand Singapore, GuocoLand China, and GuocoLand Malaysia segments. The company owns, invests in, and manages a portfolio of commercial, mixed-used, residential, and integrated properties, as well as operates and manages hotels. It also offers planning and design, property management and development, and asset management services. The company was formerly known as First Capital Corporation Ltd. and changed its name to GuocoLand Limited in November 2002. GuocoLand Limited was incorporated in 1976 and is headquartered in Singapore. GuocoLand Limited is a subsidiary of GuocoLand Assets Pte. Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

GUOCOLAND LIMITED reported revenue of 1.9B SGD in FY2025 versus 854M SGD in FY2021, a compound +22.4%/yr. Reported net income was 107M SGD in FY2025, compounding −10.8%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.9B SGD
Latest YoY
+5.3%
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.
+25.7%
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.
+15.3%
Avg. growth/yr (11Y) 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.
+4.0%
Revenue +22.4%/yr
FY21 854M SGD
FY22 966M SGD
FY23 1.5B SGD
FY24 1.8B SGD
FY25 1.9B SGD
Net income −10.8%/yr
FY21 169M SGD
FY22 393M SGD
FY23 207M SGD
FY24 129M SGD
FY25 107M SGD

F17 screens 30% overvalued. Compare with DLF Limited →

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Cite: Fair Value Calculator (2026). "GUOCOLAND LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/F17

Peer Group

Real Estate - Development · 590 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 59 · Top 25%
Fair Value upside −30% · Below median
Return on equity (TTM) 3% · Above median
Return on assets 1% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 23% · Above median
Revenue growth -22% · Below median
Dividend yield (TTM) 3.3% · Above median
Debt / equity 1.02× · Higher than 75% of peers

Valuation Multiples vs Real Estate - Development median · lower = cheaper

P/E (TTM) 22.7× · Pricier than median
P/B 0.44× · Cheaper than median
P/S (TTM) 1.17× · Pricier than median
P/FCF 10.1× · Pricier than 75% of peers
EV/EBITDA 22.3× · Pricier than 75% of peers
PEG 0.10× · 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 0 · sector 48
FUTURE 0 · sector 0
PAST 11 · sector 9
HEALTH 49 · sector 85
DIVIDEND 65 · sector 58

VALUE 0: the price sits above our fair-value range.

Values & ESG

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

None of the checked exposures detected

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

Similar stocks

10 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
DLF Limited DLF ₹661.75 ₹146.13 -78%
Lodha Developers Limited LODHA ₹1,209 ₹583.43 -52%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,050 IDR 1,330 IDR -78%
PT Jaya Real Property, Tbk., JRPT 1,080 IDR 1,674 IDR +55%
PT Bumi Serpong Damai Tbk, BSDE 595.00 IDR 1,488 IDR +150%
PT Sentul City Tbk, BKSL 73.00 IDR 84.16 IDR +15%
PT Ciputra Development Tbk, CTRA 610.00 IDR 1,525 IDR +150%
PT Duta Pertiwi Tbk DUTI 4,300 IDR 6,239 IDR +45%
PT Puradelta Lestari Tbk DMAS 147.00 IDR 164.33 IDR +12%
Phat Dat Real Estate Development Corporation PDR 12,100 VND 4,943 VND -59%

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Frequently asked questions

Is GUOCOLAND LIMITED (F17) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1.58 SGD versus a price of 2.27 SGD, about −30% (overvalued).
What is the fair value of F17?
Our model-based fair value for GUOCOLAND LIMITED is 1.58 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 2.27 SGD.
What is the quality score of F17?
GUOCOLAND LIMITED has a Quality Score of 58/100. 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 GUOCOLAND LIMITED (F17)?
GUOCOLAND LIMITED reported trailing-twelve-month revenue of about 1.7B SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of F17?
The net profit margin of GUOCOLAND LIMITED is about 7.0%, meaning it keeps roughly 7.0% of revenue as net income. Based on the latest reported figures.
Does GUOCOLAND LIMITED pay a dividend?
GUOCOLAND LIMITED currently shows a dividend yield of about 3.27% relative to its recent price (as of Aug 13, 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.

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