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China Aviation Oil (Singapore) Corporation (G92) Fair Value & Analysis

Energy · SG · Market cap 1.6B SGD

CA China Aviation Oil (Singapore) Corporation G92 · SG
Price1.87 SGD
Fair Value1.80 SGD
Upside-3.7%
Quality67/100
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Evidence: High Range 1.35 SGD – 2.25 SGD

Fair value as of: Jul 4, 2026

From 24 valuation models · updated today

Share price +3.9% over the past month.

Price vs Fair Value (12 months)

2.23 SGD 0.9373 SGD Fair Value 1.80 SGD Jul 2025 Jul 2026

12‑month range 0.9373 SGD – 2.23 SGD · fair‑value band 1.35 SGD – 2.25 SGD · the 1.87 SGD price screens above the 1.80 SGD fair value. As of Jul 4, 2026.

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Analysis

China Aviation Oil (Singapore) Corporation (G92) currently trades at 1.87 SGD, while our model-based Fair Value estimate is 1.80 SGD — implying the stock looks roughly 3.7% overvalued today. We read business quality at 67/100 (solid quality), in the Energy 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, China Aviation Oil (Singapore) Corporation generated revenue of 16.4B SGD at a net margin of 0.7%. Revenue declined 1.3% year over year. It earns a return on equity of 10.7%. The stock trades on a trailing P/E of 11.0. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 16.4B SGD
Revenue growth (YoY) -1.3%
Net margin 0.7%
Return on equity 10.7%
Free cash flow 150M SGD FY2025
P/E ratio 11.0
More key figures
Operating margin 0.4%
EPS (TTM) 0.1700 SGD
Dividend yield 2.1%
EPS growth (YoY) +68.2%

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

About the company

China Aviation Oil (Singapore) Corporation Ltd trades in and supplies jet fuel to civil aviation industry worldwide. It operates through three segments: Middle Distillates, Other Oil Products, and Investments in Oil-Related Assets. The company offers gas oil, fuel oil, crude oil, gasoline, and naphtha products. It also invests in oil-related assets. The company was incorporated in 1993 and is headquartered in Singapore. China Aviation Oil (Singapore) Corporation Ltd operates as a subsidiary of China National Aviation Fuel Group Limited.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

China Aviation Oil (Singapore) Corporation reported revenue of 16.4B SGD in FY2025 versus 17.6B SGD in FY2021, a compound −1.7%/yr. Reported net income was 111M SGD in FY2025, compounding +28.6%/yr from FY2021.

Revenue −1.7%/yr
FY21 17.6B SGD
FY22 16.5B SGD
FY23 14.4B SGD
FY24 15.5B SGD
FY25 16.4B SGD
Net income +28.6%/yr
FY21 40.4M SGD
FY22 33.5M SGD
FY23 58.9M SGD
FY24 78.4M SGD
FY25 111M SGD

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Frequently asked questions

Is China Aviation Oil (Singapore) Corporation (G92) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 1.80 SGD versus a price of 1.87 SGD — about −4% (overvalued). Model-based estimate, not financial advice.
What is the fair value of G92?
Our model-based fair value for China Aviation Oil (Singapore) Corporation is 1.80 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 1.87 SGD.
What is the quality score of G92?
China Aviation Oil (Singapore) Corporation has a Quality Score of 67/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of China Aviation Oil (Singapore) Corporation (G92)?
China Aviation Oil (Singapore) Corporation reported trailing-twelve-month revenue of about 16.4B SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of G92?
The net profit margin of China Aviation Oil (Singapore) Corporation is about 0.7%, meaning it keeps roughly 0.7% of revenue as net income. Based on the latest reported figures.
Does China Aviation Oil (Singapore) Corporation pay a dividend?
China Aviation Oil (Singapore) Corporation currently shows a dividend yield of about 2.11% 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.