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BBR HOLDINGS (S) LTD (KJ5) Fair Value & Analysis

Industrials · SG · Market cap 60.6M SGD

BH BBR HOLDINGS (S) LTD KJ5 · SG
Price0.2250 SGD
Fair Value0.2900 SGD
Upside+28.9%
Quality57/100
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Healthy Growth
Thin margins · 1.8% net margin
Moderate debt · generates free cash flow
1.59% dividend yield
Mixed vs. peers (8/14)
Narrow moat 31/100
Evidence: High Range 0.2200 SGD – 0.3600 SGD Share as image

Fair value as of: Aug 13, 2026

From 22 valuation models · updated 5 days ago

Share price +2.3% over the past month.

A solid business, screening 29% undervalued on our models.

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What matters now

  • Solid quality (57/100) at a price below fair value, the discount is the argument here, not the business quality.
  • Our model range runs from 0.2200 SGD (bear) to 0.3600 SGD (bull), base 0.2900 SGD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 57/100 (solid quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

0.2850 SGD 0.0994 SGD Fair Value 0.2900 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 0.0994 SGD – 0.2850 SGD · fair‑value band 0.2200 SGD – 0.3600 SGD · the 0.2250 SGD price screens below the 0.2900 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

BBR HOLDINGS (S) LTD (KJ5) currently trades at 0.2250 SGD, while our model-based Fair Value estimate is 0.2900 SGD, implying the stock looks roughly 28.9% undervalued today. The Quality Score stands at 57/100 (solid 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, BBR HOLDINGS (S) LTD generated revenue of 244M SGD at a net margin of 1.8%. Revenue declined 26.8% year over year. It earns a return on equity of 3.4%. Net debt stands at 26.8M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.2200 SGD (bear case) to 0.3600 SGD (bull case); at 0.2250 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 10% below its 52-week high and 34% above its 52-week low, currently above its 200-day average. For context, the median of 10 Industrials peers we cover trades at -34% fair-value upside, at 29%, KJ5 screens cheaper 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 0.6200 SGD 0.7800 SGD 1.02 SGD 80
Residual Income 0.2600 SGD 0.2500 SGD 0.1900 SGD 76
Rev-Margin DCF 0.5400 SGD 0.7800 SGD 1.07 SGD 74
All 22 models by family
DCF Models
FCF DCF 0.6100 SGD 0.7800 SGD 1.05 SGD 38
Owner Earnings 0.1000 SGD 0.1400 SGD 0.2000 SGD 31
5Y Revenue Exit 0.5400 SGD 0.7600 SGD 1.08 SGD 39
5Y EBITDA Exit 0.5900 SGD 0.8500 SGD 1.19 SGD 41
5Y P/E Exit 0.3600 SGD 0.4500 SGD 0.5600 SGD 38
10Y Revenue Exit 0.5600 SGD 0.7100 SGD 0.8700 SGD 36
10Y EBITDA Exit 0.5900 SGD 0.7600 SGD 0.9200 SGD 37
10Y P/E Exit 0.4700 SGD 0.5400 SGD 0.6000 SGD 35
Earnings-Based
Graham-Dodd 0.0900 SGD 0.1200 SGD 0.1400 SGD 54
EPV 0.3500 SGD 0.4000 SGD 0.4400 SGD 59
Multiples
P/E Multiple 0.2200 SGD 0.2900 SGD 0.3600 SGD 63
P/S Multiple 0.1800 SGD 0.2400 SGD 0.2900 SGD 58
P/B Multiple 0.1800 SGD 0.2400 SGD 0.2900 SGD 55
EV/EBIT 0.7500 SGD 1.02 SGD 1.28 SGD 53
EV/EBITDA 0.6700 SGD 0.9200 SGD 1.16 SGD 54
EV/Revenue 0.5200 SGD 0.7600 SGD 1.01 SGD 43
Asset-Based
NCAV (Graham) 0.2000 SGD 0.2700 SGD 0.4000 SGD 50
Growth DCF
Growth DCF 0.6200 SGD 0.7800 SGD 1.02 SGD 80
Rev-Margin DCF 0.5400 SGD 0.7800 SGD 1.07 SGD 74
Economic Profit
Residual Income 0.2600 SGD 0.2500 SGD 0.1900 SGD 76
ROIC Compounder 0.3500 SGD 0.4000 SGD 0.4400 SGD 72
Growth Earnings
Growth-Adj P/E 0.1500 SGD 0.2200 SGD 0.2900 SGD 68

Widest divergence: Growth DCF (0.7800 SGD) versus Earnings-Based (0.1200 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 244M SGD
Revenue growth (YoY) -26.8%
Net margin 1.8%
Return on equity 3.4%
Free cash flow 29.5M SGD FY2025
P/E ratio 22.5
More key figures
Operating margin 12.1%
EPS (TTM) 0.0100 SGD
Dividend yield 1.6%
EPS growth (YoY) +136%
Net debt 26.8M SGD FY2025

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

Quality Score breakdown

Overall quality 57/100

Of which business quality 57 · Market factors (momentum, volatility) 58

Profitability 28
Margins and returns on capital today
Quality Growth 45
Are margins and returns improving?
Cashflow 77
Earnings quality: real cash, not paper profit
Fin. Strength 46
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 50
Price trend over the last 3–12 months (market factor)
52W Momentum 60
Distance to the 52-week high (market factor)
Net Issuance 82
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

BBR Holdings (S) Ltd, an investment holding company, engages in construction business in Singapore and Malaysia. The company operates through five segments: Specialised Engineering, General Construction, Property Development, Green Technology, and Accommodation Business.

Full company description

BBR Holdings (S) Ltd, an investment holding company, engages in construction business in Singapore and Malaysia. The company operates through five segments: Specialised Engineering, General Construction, Property Development, Green Technology, and Accommodation Business. The company is involved in the provision of design-and-build, general building construction, civil and structural engineering, and conservation and restoration services; specialized engineering services comprising piling and foundation systems, post-tensioning, stay cable systems, heavy lifting, bridge design and construction, maintenance repair and retrofitting, and prefabricated prefinished volumetric construction services. It also develops residential projects, as well as mixed commercial and residential development projects; and provides property management and consultancy services. In addition, the company engages in system integration and distribution of renewable energy; supply, installation, and leasing of solar panels and grid connected systems; and owns, develops, constructs, manages, and operates purpose-built accommodation assets, such as dormitories, purpose-built workers' accommodation, student accommodation, and other similar accommodation. Further, it provides prefabricated buildings assembly, bored piling works, renovation, and retro-fitting services; and operates as a building contractor, as well as project and contract manager for building and civil engineering works. BBR Holdings (S) Ltd was incorporated in 1993 and is headquartered in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

BBR HOLDINGS (S) LTD reported revenue of 244M SGD in FY2025 versus 180M SGD in FY2021, a compound +7.9%/yr. Reported net income was 4.5M SGD in FY2025, compounding +29.3%/yr from FY2021.

Growth Quality 90/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
244M SGD
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.
+17.2%
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.
+17.8%
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.
−3.5%
Revenue +7.9%/yr
FY21 180M SGD
FY22 170M SGD
FY23 237M SGD
FY24 290M SGD
FY25 244M SGD
Net income +29.3%/yr
FY21 1.6M SGD
FY22 5.7M SGD
FY23 6.4M SGD
FY24 21.1M SGD
FY25 4.5M SGD

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Cite: Fair Value Calculator (2026). "BBR HOLDINGS (S) LTD Fair Value". https://www.fairvalue-calculator.com/stock/KJ5

Peer Group

Engineering & Construction · 835 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 57 · Above median
Fair Value upside +29% · Above median
Return on equity (TTM) 3% · Below median
Return on assets 4% · Above median
Net margin (TTM) 2% · Below median
Operating margin (TTM) 12% · Top 25%
Revenue growth -27% · Bottom 25%
Dividend yield (TTM) 1.6% · Below median
Debt / equity 0.62× · Higher than 75% of peers

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 22.5× · Pricier than median
P/B 0.37× · Cheaper than 75% of peers
P/S (TTM) 0.20× · Cheaper than 75% of peers
P/FCF 1.6× · Cheaper than median
EV/EBITDA 2.6× · 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 72 · sector 15
FUTURE 0 · sector 15
PAST 14 · sector 26
HEALTH 69 · sector 94
DIVIDEND 32 · sector 43

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹4,020 ₹1,994 -50%
Samsung C&T Corporation 028260 357,500 KRW 261,411 KRW -27%
Hyundai Engineering & Construction Co 000720 113,700 KRW 61,453 KRW -46%
Samsung E&A Co 028050 49,300 KRW 43,624 KRW -12%
Rail Vikas Nigam Limited RVNL ₹228.50 ₹48.92 -79%
Daewoo Engineering & Construction Co 047040 18,400 KRW 6,507 KRW -65%
KEPCO Engineering & Construction Company 052690 99,800 KRW 19,346 KRW -81%
GS Engineering & Construction Corporation 006360 35,200 KRW 23,135 KRW -34%
DL E&C Co 375500 73,500 KRW 148,433 KRW +102%
KEPCO Plant Service & Engineering Co 051600 46,350 KRW 43,924 KRW -5%

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Frequently asked questions

Is BBR HOLDINGS (S) LTD (KJ5) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.2900 SGD versus a price of 0.2250 SGD, about +29% (undervalued).
What is the fair value of KJ5?
Our model-based fair value for BBR HOLDINGS (S) LTD is 0.2900 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.2250 SGD.
What is the quality score of KJ5?
BBR HOLDINGS (S) LTD has a Quality Score of 57/100. 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 BBR HOLDINGS (S) LTD (KJ5)?
BBR HOLDINGS (S) LTD reported trailing-twelve-month revenue of about 244M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of KJ5?
The net profit margin of BBR HOLDINGS (S) LTD is about 1.8%, meaning it keeps roughly 1.8% of revenue as net income. Based on the latest reported figures.
Does BBR HOLDINGS (S) LTD pay a dividend?
BBR HOLDINGS (S) LTD currently shows a dividend yield of about 1.59% 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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