EN DE

ALLIANCE HEALTHCARE GROUP LTD (MIJ) Fair Value & Analysis

Healthcare · SG · Market cap 33.8M SGD

AH ALLIANCE HEALTHCARE GROUP LTD MIJ · SG
Price0.1600 SGD
Fair Value0.1600 SGD
Upside+0.0%
Quality59/100
Watch ALLIANCE HEALTHCARE GROUP LTD for free, get notified when fair value or trend changes. Watch for free
Healthy Growth
Thin margins · 3.4% net margin
Low debt · generates free cash flow
0.61% dividend yield
Mixed vs. peers (8/14)
Narrow moat 30/100
Evidence: High Range 0.1200 SGD – 0.2000 SGD Share as image

Fair value as of: Aug 13, 2026

From 24 valuation models · updated 5 days ago

Share price +1.3% over the past month.

A solid business, currently priced close to our fair value.

Fair value for all 35,000+ stocks, review alerts and the diversification check: 14 days of Pro free, no card.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • Our model range runs from 0.1200 SGD (bear) to 0.2000 SGD (bull), base 0.1600 SGD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 59/100 (solid quality) with high evidence: the data supports the verdict.
Share this valuation: 𝕏 WhatsApp

Price vs Fair Value (5 years)

0.1780 SGD 0.0900 SGD Fair Value 0.1600 SGD Apr 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 0.0900 SGD – 0.1780 SGD · fair‑value band 0.1200 SGD – 0.2000 SGD · the 0.1600 SGD price screens below the 0.1600 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

Full chart & analysis →

Which stocks are undervalued right now? Check free Discover now →

Analysis

ALLIANCE HEALTHCARE GROUP LTD (MIJ) currently trades at 0.1600 SGD, while our model-based Fair Value estimate is 0.1600 SGD, implying the stock looks roughly 0.0% fairly valued today. The Quality Score stands at 59/100 (solid quality), in the Healthcare 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, ALLIANCE HEALTHCARE GROUP LTD generated revenue of 81.5M SGD at a net margin of 3.4%. Revenue grew 11.6% year over year. It earns a return on equity of 9.7%. The stock trades on a trailing P/E of 16.0. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.1200 SGD (bear case) to 0.2000 SGD (bull case); at 0.1600 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 2% below its 52-week high and 82% above its 52-week low, currently above its 200-day average. For context, the median of 10 Healthcare peers we cover trades at -31% fair-value upside, at 0%, MIJ 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 0.2300 SGD 0.3400 SGD 0.4800 SGD 80
Residual Income 0.0800 SGD 0.0800 SGD 0.0800 SGD 76
Rev-Margin DCF 0.3400 SGD 0.5900 SGD 0.9200 SGD 74
All 24 models by family
DCF Models
FCF DCF 0.2400 SGD 0.3600 SGD 0.5500 SGD 38
Owner Earnings 0.2600 SGD 0.4000 SGD 0.6000 SGD 31
5Y Revenue Exit 0.3400 SGD 0.6000 SGD 0.9600 SGD 39
5Y EBITDA Exit 0.4900 SGD 0.9100 SGD 1.46 SGD 41
5Y P/E Exit 0.1900 SGD 0.2800 SGD 0.3800 SGD 38
10Y Revenue Exit 0.2900 SGD 0.4900 SGD 0.8300 SGD 36
10Y EBITDA Exit 0.3800 SGD 0.6900 SGD 1.19 SGD 37
10Y P/E Exit 0.2100 SGD 0.2900 SGD 0.4000 SGD 35
Earnings-Based
Graham-Dodd 0.0500 SGD 0.2500 SGD 0.3500 SGD 54
Lynch FV 0.0700 SGD 0.1000 SGD 0.1300 SGD 50
PEG = 1.0 0.0700 SGD 0.1000 SGD 0.1300 SGD 46
EPV 0.3100 SGD 0.3400 SGD 0.3700 SGD 59
Multiples
P/E Multiple 0.1200 SGD 0.1600 SGD 0.2000 SGD 63
P/S Multiple 0.0900 SGD 0.1200 SGD 0.1600 SGD 58
P/B Multiple 0.0900 SGD 0.1200 SGD 0.1600 SGD 55
EV/EBIT 0.5700 SGD 0.7500 SGD 0.9200 SGD 53
EV/EBITDA 0.7200 SGD 0.9400 SGD 1.17 SGD 54
EV/Revenue 0.4200 SGD 0.5800 SGD 0.7400 SGD 43
Asset-Based
NCAV (Graham) 0.0600 SGD 0.0800 SGD 0.1200 SGD 50
Growth DCF
Growth DCF 0.2300 SGD 0.3400 SGD 0.4800 SGD 80
Rev-Margin DCF 0.3400 SGD 0.5900 SGD 0.9200 SGD 74
Economic Profit
Residual Income 0.0800 SGD 0.0800 SGD 0.0800 SGD 76
ROIC Compounder 0.3300 SGD 0.3900 SGD 0.4600 SGD 72
Growth Earnings
Growth-Adj P/E 0.1100 SGD 0.1500 SGD 0.2000 SGD 68

Widest divergence: DCF Models (0.4000 SGD) versus Asset-Based (0.0800 SGD). Highest evidence: Growth DCF (80).

Notify me when MIJ reaches fair value

Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.

Key figures & financial health

Revenue (TTM) 81.5M SGD
Revenue growth (YoY) +11.6%
Net margin 3.4%
Return on equity 9.7%
Free cash flow 4.1M SGD FY2025
P/E ratio 16.0
More key figures
Operating margin 4.8%
EPS (TTM) 0.0100 SGD
Dividend yield 0.6%
EPS growth (YoY) +428%

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

Quality Score breakdown

Overall quality 59/100

Of which business quality 60 · Market factors (momentum, volatility) 69

Profitability 48
Margins and returns on capital today
Quality Growth 68
Are margins and returns improving?
Cashflow 58
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 61
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 71
Price trend over the last 3–12 months (market factor)
52W Momentum 87
Distance to the 52-week high (market factor)
Net Issuance 81
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

Alliance Healthcare Group Limited, an investment holding company, provides corporate health solutions in Singapore. The company operates through General Practitioner (GP) Clinic Services, Specialist Care Services, Managed Healthcare Solutions, Pharmaceutical Services, Mobile and Digital Health Services, and Others segments.

Full company description

Alliance Healthcare Group Limited, an investment holding company, provides corporate health solutions in Singapore. The company operates through General Practitioner (GP) Clinic Services, Specialist Care Services, Managed Healthcare Solutions, Pharmaceutical Services, Mobile and Digital Health Services, and Others segments. It also offers managed healthcare solutions to corporations and insurance companies. In addition, the company provides medical services by specialists and general practitioners, and mobile and home care services. Further, it offers administrative and management services. Further, the company is involved in the wholesale of pharmaceutical products and services, including medicines and health supplements, and medical devices. Alliance Healthcare Group Limited was incorporated in 2006 and is headquartered in Singapore. The company is a subsidiary of Alpine Investment Holdings Pte. Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

ALLIANCE HEALTHCARE GROUP LTD reported revenue of 77.1M SGD in FY2025 versus 46.4M SGD in FY2021, a compound +13.5%/yr. Reported net income was 1.5M SGD in FY2025, compounding −0.1%/yr from FY2021.

Growth Quality 82/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
77.1M SGD
Latest YoY
+13.4%
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.
+12.1%
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.
+12.5%
Avg. growth/yr (6Y) 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.
+13.3%
Revenue +13.5%/yr
FY21 46.4M SGD
FY22 54.8M SGD
FY23 58.0M SGD
FY24 68.0M SGD
FY25 77.1M SGD
Net income −0.1%/yr
FY21 1.5M SGD
FY22 3.1M SGD
FY23 2.1M SGD
FY24 720K SGD
FY25 1.5M SGD

Watch MIJ: get an alert when its fair value changes →

Share or link this analysis
For bloggers & editors: embed code + live data

For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.

Cite: Fair Value Calculator (2026). "ALLIANCE HEALTHCARE GROUP LTD Fair Value". https://www.fairvalue-calculator.com/stock/MIJ

Peer Group

Medical Care Facilities · 268 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 · Above median
Fair Value upside +0% · Above median
Return on equity (TTM) 10% · Above median
Return on assets 2% · Below median
Net margin (TTM) 3% · Below median
Operating margin (TTM) 5% · Below median
Revenue growth 12% · Above median
Dividend yield (TTM) 0.6% · Bottom 25%
Debt / equity 0.27× · Higher than median

Valuation Multiples vs Medical Care Facilities median · lower = cheaper

P/E (TTM) 16.0× · Cheaper than median
P/B 1.09× · Cheaper than median
P/S (TTM) 0.33× · Cheaper than 75% of peers
P/FCF 6.4× · Pricier than median
EV/EBITDA 3.4× · 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 33 · sector 27
FUTURE 58 · sector 23
PAST 39 · sector 29
HEALTH 87 · sector 90
DIVIDEND 12 · sector 41

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 Medical Care Facilities stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Compare ALLIANCE HEALTHCARE GROUP LTD with another stock

Price, fair value, quality and upside side by side.

Free, no sign-up

Explore undervalued stocks

More undervalued Healthcare stocks →

All undervalued stocks TechnologyFinancial ServicesHealthcareConsumer CyclicalConsumer DefensiveCommunication ServicesIndustrialsEnergyBasic MaterialsReal EstateUtilities Deeply Undervalued StocksUndervalued High-Quality StocksUndervalued Blue-Chip StocksUndervalued Small-Cap StocksUndervalued Dividend Stocks

Frequently asked questions

Is ALLIANCE HEALTHCARE GROUP LTD (MIJ) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.1600 SGD versus a price of 0.1600 SGD, about +0% (fairly valued).
What is the fair value of MIJ?
Our model-based fair value for ALLIANCE HEALTHCARE GROUP LTD is 0.1600 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.1600 SGD.
What is the quality score of MIJ?
ALLIANCE HEALTHCARE GROUP LTD has a Quality Score of 59/100. 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 ALLIANCE HEALTHCARE GROUP LTD (MIJ)?
ALLIANCE HEALTHCARE GROUP LTD reported trailing-twelve-month revenue of about 81.5M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of MIJ?
The net profit margin of ALLIANCE HEALTHCARE GROUP LTD is about 3.4%, meaning it keeps roughly 3.4% of revenue as net income. Based on the latest reported figures.
Does ALLIANCE HEALTHCARE GROUP LTD pay a dividend?
ALLIANCE HEALTHCARE GROUP LTD currently shows a dividend yield of about 0.61% 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.

14 days Pro free · no card

Track ALLIANCE HEALTHCARE GROUP LTD and try Pro for 14 days

One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.

Zero risk: nothing is ever charged. After 14 days you decide whether to stay.