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Alliance Healthcare Group (MIJ) Fair Value & Analysis

Healthcare · SG · Market cap 33.8M SGD

AH Alliance Healthcare Group MIJ · SG
Price0.1580 SGD
Fair Value0.1600 SGD
Upside+1.3%
Quality67/100
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Evidence: High Range 0.1200 SGD – 0.2000 SGD

Fair value as of: Jul 4, 2026

From 24 valuation models · updated yesterday

Share price −3.7% over the past month.

Price vs Fair Value (12 months)

0.1640 SGD 0.0900 SGD Fair Value 0.1600 SGD Jul 2025 Jul 2026

12‑month range 0.0900 SGD – 0.1640 SGD · fair‑value band 0.1200 SGD – 0.2000 SGD · the 0.1580 SGD price screens below the 0.1600 SGD fair value. As of Jul 4, 2026.

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Analysis

Alliance Healthcare Group (MIJ) currently trades at 0.1580 SGD, while our model-based Fair Value estimate is 0.1600 SGD — implying the stock looks roughly 1.3% undervalued today. We read business quality at 67/100 (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 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 16.3. Fundamentals as of Jul 4, 2026

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 16.3
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 (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

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. 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.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Alliance Healthcare Group 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.

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

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Frequently asked questions

Is Alliance Healthcare Group (MIJ) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.1600 SGD versus a price of 0.1580 SGD — about +1% (undervalued). Model-based estimate, not financial advice.
What is the fair value of MIJ?
Our model-based fair value for Alliance Healthcare Group is 0.1600 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.1580 SGD.
What is the quality score of MIJ?
Alliance Healthcare Group has a Quality Score of 67/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Alliance Healthcare Group (MIJ)?
Alliance Healthcare Group reported trailing-twelve-month revenue of about 81.5M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of MIJ?
The net profit margin of Alliance Healthcare Group 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 pay a dividend?
Alliance Healthcare Group currently shows a dividend yield of about 0.61% 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.