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OUE Limited (LJ3) Fair Value & Analysis

Real Estate · SG · Market cap 759M SGD

OL OUE Limited LJ3 · SG
Price1.01 SGD
Fair Value2.53 SGD
Upside+150.5%
Quality57/100
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Evidence: Medium Range 1.19 SGD – 3.92 SGD

Fair value as of: Jul 4, 2026

From 13 valuation models · updated yesterday

Share price −5.6% over the past month.

Price vs Fair Value (12 months)

1.27 SGD 1.00 SGD Fair Value 2.53 SGD Jul 2025 Jul 2026

12‑month range 1.00 SGD – 1.27 SGD · fair‑value band 1.19 SGD – 3.92 SGD · the 1.01 SGD price screens below the 2.53 SGD fair value. As of Jul 4, 2026.

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Analysis

OUE Limited (LJ3) currently trades at 1.01 SGD, while our model-based Fair Value estimate is 2.53 SGD — implying the stock looks roughly 150.5% undervalued today. We read business quality at 57/100 (solid quality), in the Real Estate 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: medium) — always confirm before acting.

Over the trailing twelve months, OUE Limited generated revenue of 617M SGD at a net margin of -35.5%. Revenue declined 2.3% year over year. It earns a return on equity of -3.4%. Net debt stands at 2.6B SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 617M SGD
Revenue growth (YoY) -2.3%
Net margin -35.5%
Return on equity -3.4%
Free cash flow 177M SGD FY2025
Operating margin 35.0%
More key figures
EPS (TTM) -0.2900 SGD
Dividend yield 2.0%
EPS growth (YoY) -59.1%
Net debt 2.6B SGD FY2025

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

About the company

OUE Limited operates as a real estate development, investment, and management company in Singapore, the People's Republic of China, Japan, and Indonesia. It operates through Real Estate, Healthcare, and Others segments. The Real Estate segment comprises investment properties and fund management business, including rental of investment properties and management of real estate funds and investment properties under development; hospitality business, such as operation of hotels and hotel management; and development properties business, which engages in the sale of residential properties and other properties under development. Its Healthcare segment is involved in the operation of investment holdings, development of medical real estate, healthcare-related assets, and integrated mixed-use developments; and provision of healthcare services and management of healthcare investment trusts. The Others segment operates food and beverage outlets and consumer-related investments. The company was …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

OUE Limited reported revenue of 617M SGD in FY2025 versus 301M SGD in FY2021, a compound +19.7%/yr. Reported net income was −219M SGD in FY2025.

Revenue +19.7%/yr
FY21 301M SGD
FY22 491M SGD
FY23 623M SGD
FY24 646M SGD
FY25 617M SGD
Net income
FY21 80.9M SGD
FY22 190M SGD
FY23 82.7M SGD
FY24 −285M SGD
FY25 −219M SGD

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Similar stocks

6 more Real Estate - Diversified stocks, each showing price versus our Fair Value estimate (as of Jul 4, 2026).

Stock Price Fair Value vs Fair Value
Mitsubishi Estate Co MITEY $25.55 $35.90 +41%
Mitsui Fudosan Co MTSFF $9.20 $10.98 +19%
Henderson Land Development Company HLDVF $3.70 $2.53 -32%
Swiss Prime Site AG SPSN CHF 131.60 CHF 44.83 -66%
Central Pattana Public Company CPN 64.50 THB 79.02 THB +23%
SM Prime Holdings SPHXF $0.2801 $0.6700 +139%

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Frequently asked questions

Is OUE Limited (LJ3) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 2.53 SGD versus a price of 1.01 SGD — about +150% (undervalued). Model-based estimate, not financial advice.
What is the fair value of LJ3?
Our model-based fair value for OUE Limited is 2.53 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 1.01 SGD.
What is the quality score of LJ3?
OUE Limited has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of OUE Limited (LJ3)?
OUE Limited reported trailing-twelve-month revenue of about 617M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of LJ3?
The net profit margin of OUE Limited is about -35.5%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does OUE Limited pay a dividend?
OUE Limited currently shows a dividend yield of about 1.98% 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.