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NERATELECOMMUNICATIONS LTD (N01) Fair Value & Analysis

Technology · SG · Market cap 61.9M SGD

NL NERATELECOMMUNICATIONS LTD N01 · SG
Price0.1800 SGD
Fair Value0.0700 SGD
Upside-61.1%
Quality56/100
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Weak Growth
Loss-making · -3.0% net margin
Low debt · generates free cash flow
Mixed vs. peers (6/14)
Narrow moat 9/100
Evidence: Medium Range 0.0500 SGD – 0.0800 SGD Share as image

Fair value as of: Aug 13, 2026

From 13 valuation models · updated 4 days ago

Fair value updated Aug 13, 2026, revised from 0.0500 SGD to 0.0700 SGD (+40.0%) since Aug 9, 2026. Share price −1.6% over the past month.

A solid business, but screening 61% overvalued on our models.

What matters now

  • The price sits above even our optimistic bull case (0.0800 SGD). The favourable scenario is already priced in.
  • Solid but not exceptional quality (56/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

0.1940 SGD 0.0640 SGD Fair Value 0.0700 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 0.0640 SGD – 0.1940 SGD · fair‑value band 0.0500 SGD – 0.0800 SGD · the 0.1800 SGD price screens above the 0.0700 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

NERATELECOMMUNICATIONS LTD (N01) currently trades at 0.1800 SGD, while our model-based Fair Value estimate is 0.0700 SGD, implying the stock looks roughly 61.1% overvalued today. The Quality Score stands at 56/100 (solid quality), in the Technology sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, NERATELECOMMUNICATIONS LTD generated revenue of 100M SGD at a net margin of -3.0%. Revenue grew 9.0% year over year. It earns a return on equity of -7.4%. Net debt stands at 2.8M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.0500 SGD (bear case) to 0.0800 SGD (bull case); at 0.1800 SGD, the current price sits above 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 8% below its 52-week high and 94% above its 52-week low, currently above its 200-day average. For context, the median of 10 Technology peers we cover trades at -50% fair-value upside, at -61%, N01 screens richer 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 0.1100 SGD 0.1300 SGD 0.1500 SGD 80
Rev-Margin DCF 0.0800 SGD 0.0900 SGD 0.1100 SGD 74
ROIC Compounder 0.0400 SGD 0.0400 SGD 0.0400 SGD 72
All 13 models by family
DCF Models
FCF DCF 0.1000 SGD 0.1200 SGD 0.1600 SGD 38
5Y Revenue Exit 0.0800 SGD 0.0900 SGD 0.1100 SGD 39
5Y EBITDA Exit 0.1200 SGD 0.1600 SGD 0.2200 SGD 41
10Y Revenue Exit 0.0900 SGD 0.1000 SGD 0.1100 SGD 36
10Y EBITDA Exit 0.1100 SGD 0.1400 SGD 0.1600 SGD 37
Earnings-Based
EPV 0.0400 SGD 0.0400 SGD 0.0400 SGD 59
Multiples
EV/EBIT 0.0800 SGD 0.1000 SGD 0.1200 SGD 53
EV/EBITDA 0.1500 SGD 0.1900 SGD 0.2300 SGD 54
EV/Revenue 0.0600 SGD 0.0700 SGD 0.0800 SGD 43
Asset-Based
NCAV (Graham) 0.0500 SGD 0.0700 SGD 0.1100 SGD 50
Growth DCF
Growth DCF 0.1100 SGD 0.1300 SGD 0.1500 SGD 80
Rev-Margin DCF 0.0800 SGD 0.0900 SGD 0.1100 SGD 74
Economic Profit
ROIC Compounder 0.0400 SGD 0.0400 SGD 0.0400 SGD 72

Widest divergence: DCF Models (0.1200 SGD) versus Earnings-Based (0.0400 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 100M SGD
Revenue growth (YoY) +9.0%
Net margin -3.0%
Return on equity -7.4%
Free cash flow 3.8M SGD FY2025
Operating margin 1.7%
More key figures
EPS (TTM) -0.0100 SGD
EPS growth (YoY) -81.0%
Net debt 2.8M SGD FY2022

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

Quality Score breakdown

Overall quality 56/100

Of which business quality 56 · Market factors (momentum, volatility) 73

Profitability 23
Margins and returns on capital today
Quality Growth 57
Are margins and returns improving?
Cashflow 52
Earnings quality: real cash, not paper profit
Fin. Strength 50
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 72
Calm price path (market factor)
Momentum 62
Price trend over the last 3–12 months (market factor)
52W Momentum 93
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

Nera Telecommunications Ltd designs, engineers, distributes, sells, services, installs, and maintains telecommunication systems and products in transmission networks and satellite communications and information technology networks. It operates in two segments, Wireless Infrastructure Networks and Network Infrastructure.

Full company description

Nera Telecommunications Ltd designs, engineers, distributes, sells, services, installs, and maintains telecommunication systems and products in transmission networks and satellite communications and information technology networks. It operates in two segments, Wireless Infrastructure Networks and Network Infrastructure. The company offers Artificial Intelligence of Things solutions, including sustainable buildings and smart retail, devices and embedded systems; and cloud and hybrid cloud solutions such as private and hybrid cloud architectures, cloud infrastructure and virtualization, cloud migration and integration, edge-to-cloud enablement, data resiliency and business continuity, cloud security and governance. It also provides connectivity solutions comprising microwave transmission networks, optical networks, wired and wireless networking, and carrier networking services; cybersecurity solutions, including smart security consulting services, design and implementation and smart managed security services; and technology services such as infrastructure and lifecycle services, managed service, security operation center, and network operation center. In addition, the company is involved in the provision of sales, marketing and distribution, design and engineering, project implementation, service, and maintenance of satellite communications, transmission products and systems, info-communications network infrastructure, network security solutions, IP networks, optical networks, and broadcast infrastructure, as well as wireless solutions. It operates in Singapore, Indonesia, Malaysia, the Philippines, Thailand, Europe, the Middle East, Africa, and internationally. Nera Telecommunications Ltd was incorporated in 1978 and is headquartered in Singapore. Nera Telecommunications Ltd operates as a subsidiary of Ennoconn Solutions Singapore Pte. Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

NERATELECOMMUNICATIONS LTD reported revenue of 100M SGD in FY2025 versus 103M SGD in FY2021, a compound −0.6%/yr. Reported net income was −3.0M SGD in FY2025.

Growth Quality 24/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
100M SGD
Latest YoY
+2.0%
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.
−8.9%
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.
−5.2%
Avg. growth/yr (12Y) 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.
−4.7%
Revenue −0.6%/yr
FY21 103M SGD
FY22 133M SGD
FY23 142M SGD
FY24 98.2M SGD
FY25 100M SGD
Net income
FY21 −16.0M SGD
FY22 −7.3M SGD
FY23 5.7M SGD
FY24 −2.8M SGD
FY25 −3.0M SGD

N01 screens 61% overvalued. Compare with Cisco Systems, Inc →

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Cite: Fair Value Calculator (2026). "NERATELECOMMUNICATIONS LTD Fair Value". https://www.fairvalue-calculator.com/stock/N01

Peer Group

Communication Equipment · 300 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 56 · Above median
Fair Value upside −61% · Below median
Return on assets 0% · Below median
Net margin (TTM) -3% · Below median
Operating margin (TTM) 2% · Below median
Revenue growth 9% · Above median
Dividend yield (TTM) 2.9% · Top 25%

Valuation Multiples vs Communication Equipment median · lower = cheaper

P/B 1.25× · Cheaper than median
P/S (TTM) 0.48× · Cheaper than 75% of peers
P/FCF 12.7× · Pricier than median
EV/EBITDA 27.8× · Pricier than median
PEG 2.13× · Pricier than median

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 0 · sector 0
FUTURE 45 · sector 36
PAST 0 · sector 15
HEALTH 100 · sector 98
DIVIDEND 58 · sector 24

VALUE 0: the price sits above our fair-value range.

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 Communication Equipment stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Cisco Systems, Inc CSCO $120.43 $61.53 -49%
Zhongji Innolight Co 300308 ¥921.00 ¥171.09 -81%
Foxconn Industrial Internet Co 601138 ¥65.60 ¥28.65 -56%
Eoptolink Technology Inc 300502 ¥429.90 ¥176.99 -59%
Nokia Oyj NOK $10.32 $3.77 -63%
Motorola Solutions, Inc MSI $469.74 $236.33 -50%
Suzhou TFC Optical Communication Co 300394 ¥240.05 ¥43.67 -82%
Accton Technology Corporation 2345 2,270 TWD 1,135 TWD -50%
Telefonaktiebolaget LM Ericsson (publ), ERICB kr 97.78 kr 157.82 +61%
ZTE Corporation 000063 ¥35.59 ¥19.72 -45%

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Frequently asked questions

Is NERATELECOMMUNICATIONS LTD (N01) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.0700 SGD versus a price of 0.1800 SGD, about −61% (overvalued).
What is the fair value of N01?
Our model-based fair value for NERATELECOMMUNICATIONS LTD is 0.0700 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.1800 SGD.
What is the quality score of N01?
NERATELECOMMUNICATIONS LTD has a Quality Score of 56/100. 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 NERATELECOMMUNICATIONS LTD (N01)?
NERATELECOMMUNICATIONS LTD reported trailing-twelve-month revenue of about 100M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of N01?
The net profit margin of NERATELECOMMUNICATIONS LTD is about -3.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

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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