NEW TOYO INT HLDGS LTD (N08) fair value: what the stock is really worth
As of Oct 1, 2026: fair value of NEW TOYO INT HLDGS LTD S$0.16, price S$0.21, upside -22.0%, quality 59 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
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New Toyo International Holdings Ltd, an investment holding company, produces and sells specialty packaging materials in Singapore, Hong Kong, Vietnam, Indonesia, Malaysia Dubai, and China. It operates through Specialty Papers, Printed Cartons and Labels, Trading, and Food and Beverages segments.
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New Toyo International Holdings Ltd, an investment holding company, produces and sells specialty packaging materials in Singapore, Hong Kong, Vietnam, Indonesia, Malaysia Dubai, and China. It operates through Specialty Papers, Printed Cartons and Labels, Trading, and Food and Beverages segments. The company offers specialty paper products, including laminated aluminium foil paper, coated paper, laminated metalised polyethylene teraphthalate board, and paper core and paper cone products for food and beverage, wine, liquor, tissue box, cosmetics packaging, cigarette boxes, and textile and paper applications. It also provides gravure and offset printed materials, as well as lithography/offset for tobacco packaging, including cigarette packs, and fast moving consumer product packaging; and manufactures corrugated recycled cartons and sheets for general packaging in fast moving consumer goods segments, such as tobacco, food and beverage, as well as other consumer industries such as electronics, electrical appliances, and furniture sectors. In addition, the company is involved in sale of raw materials, paper products, and equipment and tissue paper related products; and operation and management of restaurants. New Toyo International Holdings Ltd was founded in 1975 and is headquartered in Singapore.
Stock analysis
NEW TOYO INT HLDGS LTD (N08) currently trades at 0.2050 SGD, while our model-based Fair Value estimate is 0.1600 SGD, 22.0% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of 0.2800 SGD per share, and 15 of the 24 models we run sit above the 0.2050 SGD price.
Bear case: the Earnings-Based group reads lowest at 0.1100 SGD, and 9 of the 24 models stay below the price. Evidence for this calculation is low.
Scenario range: 0.1200 SGD (bear) to 0.2000 SGD (bull), the price of 0.2050 SGD sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 59/100 (solid quality), in the Consumer Cyclical sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
NEW TOYO INT HLDGS LTD reported revenue of 311M SGD in FY2025 versus 234M SGD in FY2021, a compound +7.3%/yr. Reported net income was 4.2M SGD in FY2025, compounding −15.3%/yr from FY2021.
Key figures
Market cap 89.9M SGD (≈ $70.3M) · P/E ratio 20.5 · P/S ratio 0.28 · EPS (TTM) 0.0100 SGD · Dividend yield 5.9% · Net margin 1.3% · Return on equity 3.4% · Return on assets (EBIT) 3.7%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 50 out of 100 (low confidence).
What moves the price
The share trades about 16% below its 52-week high and 7% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −27% fair-value upside, at −22%, N08 screens cheaper than that median.
Fair Value models
Bear 0.1200 SGDFair Value 0.1600 SGDBull 0.2000 SGD
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above is their evidence-weighted blend, not the output of a single 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. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Evidence ⓘEvidence = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.58/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−2.1%
Revenue growth 3 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+2.8%
Revenue growth 5 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+5.1%
Start year 2020 (pandemic). Over 10 years: +1.6% a year
Revenue growth 12 years ⓘ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. Per-share growth (which does include buybacks) is in the value-creation card.
+0.8%
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What shareholders gained per year (last 5 years) ⓘWhat the business itself delivers per year: earnings growth per share plus the dividend yield. This is what you get IF the market keeps valuing the stock the same way: it contains no assumption about the market changing its mind. Computed per share, so buybacks count and a merger does not pass as growth. For a company that pays no dividend it is pure earnings growth per share. Period: earnings growth per share as CAGR over the last 5 reported fiscal years (annual statements), plus the current dividend yield. The start value is the median of the three years around the start, so a single crisis year (a pandemic or a write-down) does not distort the rate.
−5.9%
Earnings growth per share plus dividend.
Earnings per share, growth per year−11.8%
Dividend (yield on the price)5.9%
Pace: 5 vs 10 years ⓘTwo data points, not a trend model: earnings growth per share over the last 5 fiscal years against the last 10. Labelled "steady" when both rates are within 3 percentage points of each other, otherwise picking up or flattening. Shown only when ten years of history exist.−11.8% vs −12.5%, steady
Profit margin 2020 to 2025 ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.3% → 2%
Start year 2020 (pandemic)
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−14.6%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect
n/a
No analyst forecast available.
After inflation (Singapore: IMF forecast 2.0% a year to 2030, 1.7% from 2016 to 2025) that is about −16.3% a year for the price.
Price, fair value, quality and upside side by side.
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Peer Groupⓘ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.Packaging & Containers · 257 stocks
Beats the industry median on 6/13 measures
A mixed picture versus its industry peers.
Valuation
Quality Score59 · Above median
Fair Value upside−22.0% · Below median
Profitability
Return on equity (TTM)3.4% · Below median
Return on assets2.3% · Below median
Net margin (TTM)2.0% · Below median
Operating margin (TTM)4.5% · Below median
Growth and dividend
Revenue growth−18.7% · Bottom 25%
Dividend yield (TTM)5.9% · Top 25%
Valuation Multiplesvs Packaging & Containers median · lower = cheaper
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). "NEW TOYO INT HLDGS LTD Fair Value". https://www.fairvalue-calculator.com/stock/N08
Frequently asked questions
Is NEW TOYO INT HLDGS LTD (N08) overvalued or undervalued?
As of Oct 2, 2026, our model estimates a fair value of 0.1600 SGD versus a price of 0.2050 SGD, about −22% upside (overvalued).
What is the fair value of N08?
Our model-based fair value for NEW TOYO INT HLDGS LTD is 0.1600 SGD (as of Oct 2, 2026), built from audited fundamentals. The current price: 0.2050 SGD.
What is the quality score of N08?
NEW TOYO INT HLDGS 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 price target for NEW TOYO INT HLDGS LTD (N08)?
Our model-based price target is the fair value of 0.1600 SGD (as of Oct 2, 2026) from 24 valuation models. Cautious scenario 0.1200 SGD, optimistic scenario 0.2000 SGD. It is a calculation from audited fundamentals, not an analyst target.
What is the NEW TOYO INT HLDGS LTD stock forecast for 2026?
Our models put fair value at 0.1600 SGD, about −22% upside versus a price of 0.2050 SGD (overvalued). Cautious scenario 0.1200 SGD, optimistic scenario 0.2000 SGD. The calculation is refreshed regularly with new filings.
What is the revenue of NEW TOYO INT HLDGS LTD (N08)?
NEW TOYO INT HLDGS LTD reported trailing-twelve-month revenue of about 281M SGD (latest available figure, as of Oct 2, 2026).
Does NEW TOYO INT HLDGS LTD pay a dividend?
NEW TOYO INT HLDGS LTD currently shows a dividend yield of about 5.85% relative to its recent price (as of Oct 2, 2026).
What growth is priced into NEW TOYO INT HLDGS LTD (N08)?
For today's price to be fair in a discounted-cash-flow model, NEW TOYO INT HLDGS LTD would have to grow free cash flow by -14.6 % per year for five years (discount rate 11.0 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +5.1 % per year. As of Oct 2, 2026.
What discount rate (WACC) does the fair value of N08 use?
Our models discount NEW TOYO INT HLDGS LTD at 11.0 %: a base by market capitalisation (micro), damped by beta 0.08, country premium for Singapore. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For NEW TOYO INT HLDGS LTD that is -14.6 % per year a year over ten years, using the same discount rate (11.0 %) and the same formula as our fair value.
How much growth has NEW TOYO INT HLDGS LTD (N08) delivered so far?
Over the past 5 years revenue at NEW TOYO INT HLDGS LTD grew +5.1 % a year. The price currently implies -14.6 % per year free-cash-flow growth a year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of NEW TOYO INT HLDGS LTD (N08) growing?
The median revenue growth in the sector is +7.6 % a year. That is the yardstick for the growth priced into NEW TOYO INT HLDGS LTD (-14.6 % per year a year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of NEW TOYO INT HLDGS LTD (N08)?
The free-cash-flow yield on the price is 13.27 %: that much free cash flow NEW TOYO INT HLDGS LTD produces per unit of market value. When it exceeds the discount rate of our models (11.0 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of NEW TOYO INT HLDGS LTD (N08)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For NEW TOYO INT HLDGS LTD it is 0.1600 SGD per share (as of Oct 2, 2026), against a price of 0.2050 SGD. It is the blended result of 24 valuation models (cash flow, earnings, asset, dividend).
Is NEW TOYO INT HLDGS LTD stock overvalued or undervalued in 2026?
As of Oct 2, 2026, N08 trades above its calculated fair value: price 0.2050 SGD, fair value 0.1600 SGD, a gap of about −22% (overvalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of N08?
No. The price is what the market pays today (0.2050 SGD); the fair value is what the company's own numbers justify (0.1600 SGD). For NEW TOYO INT HLDGS LTD the two are 0.0450 SGD per share apart. That gap is exactly why we show both numbers side by side.
How much is NEW TOYO INT HLDGS LTD worth?
The market values NEW TOYO INT HLDGS LTD at about 89.9M SGD (market capitalisation, as of Oct 2, 2026). Per share that is 0.2050 SGD; our models calculate a fair value of 0.1600 SGD per share.
What do the bullish and bearish scenarios say about N08?
Our models span a range for NEW TOYO INT HLDGS LTD: cautious scenario 0.1200 SGD, base 0.1600 SGD, optimistic 0.2000 SGD per share (as of Oct 2, 2026, price 0.2050 SGD). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the P/E ratio of N08?
NEW TOYO INT HLDGS LTD trades at a price-to-earnings ratio of 20.5 (as of Oct 2, 2026). A P/E on its own says little: it compares the price with ONE year of profit, while our fair value of 0.1600 SGD is built from several models across several years. Other multiples: P/B 0.6, P/S 0.3, EV/EBITDA 3.0.
How solid is the balance sheet of NEW TOYO INT HLDGS LTD (N08)?
Balance-sheet figures for NEW TOYO INT HLDGS LTD (as of Oct 2, 2026): return on equity 3.4%. They feed the Quality Score of 59/100, which measures business quality independently of the share price.
How far is N08 from its 52-week high?
NEW TOYO INT HLDGS LTD trades at 0.2050 SGD, about 16% below its 52-week high of 0.2455 SGD and 7% above the low of 0.1915 SGD (as of Oct 1, 2026). Distance from the high says nothing about value: that is what the fair value of 0.1600 SGD is for.
Which stocks are comparable to NEW TOYO INT HLDGS LTD?
From the same area (Consumer Cyclical) we also value Smurfit Westrock Plc,, Packaging Corporation, Amcor plc, International Paper Company, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is NEW TOYO INT HLDGS LTD stock attractive at the current price?
The data as of Oct 2, 2026: price 0.2050 SGD, calculated fair value 0.1600 SGD (−22%), Quality Score 59/100, from 24 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of N08 calculated?
We run NEW TOYO INT HLDGS LTD through 24 models from four families: discounted cash flow, earnings models, asset and balance-sheet models, and dividend models. Every model gets the same audited fundamentals; the result is the weighted average of 0.1600 SGD, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1 % above its aggregate fair value. NEW TOYO INT HLDGS LTD itself currently trades above fair value. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of NEW TOYO INT HLDGS LTD (N08)?
The closing price on Oct 1, 2026 was 0.2050 SGD. Our model-based fair value is 0.1600 SGD, about −22% upside (overvalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with NEW TOYO INT HLDGS LTD right now?
The price sits above even our optimistic bull case (0.2000 SGD). The favourable scenario is already priced in. Solid but not exceptional quality (59/100) and above fair value, neither a clear bargain nor a standout compounder. Evidence is limited here (fewer models, shorter history), so the fair value is a rougher estimate than usual.
Key figures of NEW TOYO INT HLDGS LTD
How large is the market capitalisation of NEW TOYO INT HLDGS LTD (N08)?
The market capitalisation of NEW TOYO INT HLDGS LTD is 89.9M SGD (≈ $70.3M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of NEW TOYO INT HLDGS LTD (N08)?
The price-to-sales ratio of NEW TOYO INT HLDGS LTD is 0.28 (P/E × margin). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of NEW TOYO INT HLDGS LTD (N08)?
Earnings per share at NEW TOYO INT HLDGS LTD are 0.0100 SGD (price ÷ EPS = P/E 20.5). Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of NEW TOYO INT HLDGS LTD (N08)?
The dividend yield of NEW TOYO INT HLDGS LTD is 5.9% (payout 120%). Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of NEW TOYO INT HLDGS LTD (N08)?
The net margin of NEW TOYO INT HLDGS LTD is 1.3% (fiscal year 2025). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of NEW TOYO INT HLDGS LTD (N08)?
The return on equity (ROE) of NEW TOYO INT HLDGS LTD is 3.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of NEW TOYO INT HLDGS LTD (N08)?
On an EBIT basis the return on assets of NEW TOYO INT HLDGS LTD is 3.7% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of NEW TOYO INT HLDGS LTD (N08)?
The operating margin of NEW TOYO INT HLDGS LTD is 4.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at NEW TOYO INT HLDGS LTD (N08)?
Revenue at NEW TOYO INT HLDGS LTD is growing −18.7% versus a year earlier (3y avg +2.8%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at NEW TOYO INT HLDGS LTD (N08)?
Earnings per share at NEW TOYO INT HLDGS LTD are growing +67.8% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does NEW TOYO INT HLDGS LTD (N08) carry?
The net debt of NEW TOYO INT HLDGS LTD is 22.5M SGD (fiscal year 2019, ≈ 1.9 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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