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Hock Lian Seng Holdings (J2T) Fair Value & Analysis

Industrials · SG · Market cap 179M SGD

HL Hock Lian Seng Holdings J2T · SG
Price0.3500 SGD
Fair Value0.4800 SGD
Upside+37.1%
Quality45/100
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Evidence: High Range 0.4200 SGD – 0.6000 SGD

Fair value as of: Jul 4, 2026

From 15 valuation models · updated yesterday

Share price −5.4% over the past month.

Price vs Fair Value (12 months)

0.4957 SGD 0.3500 SGD Fair Value 0.4800 SGD Jul 2025 Jul 2026

12‑month range 0.3500 SGD – 0.4957 SGD · fair‑value band 0.4200 SGD – 0.6000 SGD · the 0.3500 SGD price screens below the 0.4800 SGD fair value. As of Jul 4, 2026.

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Analysis

Hock Lian Seng Holdings (J2T) currently trades at 0.3500 SGD, while our model-based Fair Value estimate is 0.4800 SGD — implying the stock looks roughly 37.1% undervalued today. We read business quality at 45/100 (below-average quality), in the Industrials sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high) — always confirm before acting.

Over the trailing twelve months, Hock Lian Seng Holdings generated revenue of 186M SGD at a net margin of 9.1%. Revenue declined 0.8% year over year. It earns a return on equity of 6.0%. The stock trades on a trailing P/E of 11.7. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 186M SGD
Revenue growth (YoY) -0.8%
Net margin 9.1%
Return on equity 6.0%
Free cash flow −107M SGD FY2025
P/E ratio 11.7
More key figures
Operating margin 4.7%
EPS (TTM) 0.0300 SGD
Dividend yield 3.1%
EPS growth (YoY) -27.6%

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

About the company

Hock Lian Seng Holdings Limited, an investment holding company, primarily provides civil engineering services to public and private sectors in Singapore. The company operates through three segments: Civil Engineering, Properties Development, and Properties Investment. The Civil Engineering segment engages in infrastructure construction and civil engineering works for bridges, expressways, tunnels, and other infrastructure works for government and government related bodies. The Properties Development segment develops properties in the residential and industrial sectors. The Properties Investment segment invests in properties for renting and/or for capital appreciation and others. The company offers mass rapid transit, port facilities, water and sewage facilities. Hock Lian Seng Holdings Limited was founded in 1969 and is based in Singapore.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Hock Lian Seng Holdings reported revenue of 186M SGD in FY2025 versus 169M SGD in FY2021, a compound +2.5%/yr. Reported net income was 17.0M SGD in FY2025, compounding −9.3%/yr from FY2021.

Revenue +2.5%/yr
FY21 169M SGD
FY22 143M SGD
FY23 202M SGD
FY24 183M SGD
FY25 186M SGD
Net income −9.3%/yr
FY21 25.1M SGD
FY22 16.5M SGD
FY23 26.6M SGD
FY24 32.0M SGD
FY25 17.0M SGD

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Frequently asked questions

Is Hock Lian Seng Holdings (J2T) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.4800 SGD versus a price of 0.3500 SGD — about +37% (undervalued). Model-based estimate, not financial advice.
What is the fair value of J2T?
Our model-based fair value for Hock Lian Seng Holdings is 0.4800 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.3500 SGD.
What is the quality score of J2T?
Hock Lian Seng Holdings has a Quality Score of 45/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Hock Lian Seng Holdings (J2T)?
Hock Lian Seng Holdings reported trailing-twelve-month revenue of about 186M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of J2T?
The net profit margin of Hock Lian Seng Holdings is about 9.1%, meaning it keeps roughly 9.1% of revenue as net income. Based on the latest reported figures.
Does Hock Lian Seng Holdings pay a dividend?
Hock Lian Seng Holdings currently shows a dividend yield of about 3.10% 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.