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FAR EAST ORCHARD LIMITED (O10) Fair Value & Analysis

Real Estate · SG · Market cap 551M SGD

FE FAR EAST ORCHARD LIMITED O10 · SG
Price1.07 SGD
Fair Value1.26 SGD
Upside+17.8%
Quality55/100
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Healthy Growth
Highly profitable · 21.8% net margin
Low debt · generates free cash flow
3.67% dividend yield
Mixed vs. peers (7/15)
Narrow moat 43/100
Evidence: High Range 1.21 SGD – 1.77 SGD Share as image

Fair value as of: Aug 13, 2026

From 14 valuation models · updated 6 days ago

Share price −3.6% over the past month.

A solid business, screening 18% undervalued on our models.

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What matters now

  • The price is below even our cautious bear case (1.21 SGD). The market is more pessimistic than our downside scenario.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

1.32 SGD 0.8404 SGD Fair Value 1.26 SGD Feb 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 0.8404 SGD – 1.32 SGD · fair‑value band 1.21 SGD – 1.77 SGD · the 1.07 SGD price screens below the 1.26 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

FAR EAST ORCHARD LIMITED (O10) currently trades at 1.07 SGD, while our model-based Fair Value estimate is 1.26 SGD, implying the stock looks roughly 17.8% undervalued today. The Quality Score stands at 55/100 (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: high), always confirm before acting.

Over the trailing twelve months, FAR EAST ORCHARD LIMITED generated revenue of 248M SGD at a net margin of 21.8%. Revenue grew 65.3% year over year. It earns a return on equity of 3.9%. Net debt stands at 469M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 1.21 SGD (bear case) to 1.77 SGD (bull case); at 1.07 SGD, the current price sits below 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 19% below its 52-week high and 8% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 15% fair-value upside, at 18%, O10 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 0.1900 SGD 0.5100 SGD 0.9000 SGD 80
Residual Income 2.00 SGD 1.92 SGD 1.58 SGD 76
Rev-Margin DCF 0.1500 SGD 0.5900 SGD 1.10 SGD 74
All 14 models by family
DCF Models
FCF DCF 0.1800 SGD 0.5500 SGD 1.03 SGD 38
5Y Revenue Exit 0.1500 SGD 0.5900 SGD 1.14 SGD 39
5Y EBITDA Exit 0.5700 SGD 1.36 SGD 2.29 SGD 41
10Y Revenue Exit 0.1300 SGD 0.5100 SGD 1.01 SGD 36
10Y EBITDA Exit 0.4000 SGD 1.00 SGD 1.81 SGD 37
Multiples
P/S Multiple 1.40 SGD 1.87 SGD 2.33 SGD 58
P/B Multiple 1.40 SGD 1.87 SGD 2.33 SGD 55
EV/EBIT 0.8300 SGD 1.32 SGD 1.82 SGD 53
EV/EBITDA 1.02 SGD 1.57 SGD 2.12 SGD 54
EV/Revenue 0.1700 SGD 0.5200 SGD 0.8700 SGD 43
Asset-Based
NCAV (Graham) 1.43 SGD 1.92 SGD 2.87 SGD 50
Growth DCF
Growth DCF 0.1900 SGD 0.5100 SGD 0.9000 SGD 80
Rev-Margin DCF 0.1500 SGD 0.5900 SGD 1.10 SGD 74
Economic Profit
Residual Income 2.00 SGD 1.92 SGD 1.58 SGD 76

Widest divergence: Asset-Based (1.92 SGD) versus Growth DCF (0.5100 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 248M SGD
Revenue growth (YoY) +65.3%
Net margin 21.8%
Return on equity 3.9%
Free cash flow 43.6M SGD FY2025
P/E ratio 9.7
More key figures
Operating margin 9.6%
EPS (TTM) 0.1100 SGD
Dividend yield 3.7%
EPS growth (YoY) -15.9%
Net debt 469M SGD FY2025

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

Quality Score breakdown

Overall quality 55/100

Of which business quality 54 · Market factors (momentum, volatility) 47

Profitability 30
Margins and returns on capital today
Quality Growth 41
Are margins and returns improving?
Cashflow 65
Earnings quality: real cash, not paper profit
Fin. Strength 45
Balance sheet, leverage, solvency risk
Investment 86
Disciplined investing over empire-building
Low Volatility 93
Calm price path (market factor)
Momentum 28
Price trend over the last 3–12 months (market factor)
52W Momentum 25
Distance to the 52-week high (market factor)
Net Issuance 74
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

Far East Orchard Limited, an investment holding company, engages in the hotel operations and property investment activities in Singapore, Australia, the United Kingdom, Japan, Malaysia, Germany, and Denmark.

Full company description

Far East Orchard Limited, an investment holding company, engages in the hotel operations and property investment activities in Singapore, Australia, the United Kingdom, Japan, Malaysia, Germany, and Denmark. It operates through Hospitality " Management Services, Hospitality " Operations, Hospitality " Property Ownership, Property " Student Accommodation, Property " Development, and Property " Investment segments. The company primarily develops residential, commercial, hospitality, and purpose-built student accommodation (PBSA) properties. It also owns and operates hotels and PBSA properties. In addition, the company manages and leases properties. The company was formerly known as Orchard Parade Holdings Limited and changed its name to Far East Orchard Limited in July 2012. The company was incorporated in 1967 and is headquartered in Singapore. Far East Orchard Limited is a subsidiary of Far East Organization Pte. Ltd.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

FAR EAST ORCHARD LIMITED reported revenue of 248M SGD in FY2025 versus 107M SGD in FY2021, a compound +23.4%/yr. Reported net income was 54.0M SGD in FY2025, compounding +17.7%/yr from FY2021.

Growth Quality 95/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
248M SGD
Latest YoY
+29.1%
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.
+20.7%
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.
+17.2%
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.
+3.8%
Revenue +23.4%/yr
FY21 107M SGD
FY22 141M SGD
FY23 184M SGD
FY24 192M SGD
FY25 248M SGD
Net income +17.7%/yr
FY21 28.1M SGD
FY22 21.9M SGD
FY23 65.9M SGD
FY24 59.0M SGD
FY25 54.0M SGD

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Cite: Fair Value Calculator (2026). "FAR EAST ORCHARD LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/O10

Peer Group

Real Estate Services · 532 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 +17% · Above median
Return on equity (TTM) 4% · Below median
Return on assets 1% · Below median
Net margin (TTM) 22% · Above median
Operating margin (TTM) 10% · Below median
Revenue growth 65% · Top 25%
Dividend yield (TTM) 3.7% · Above median
Debt / equity 0.35× · Higher than median

Valuation Multiples vs Real Estate Services median · lower = cheaper

P/E (TTM) 9.7× · Cheaper than median
P/B 0.31× · Cheaper than 75% of peers
P/S (TTM) 1.74× · Pricier than median
P/FCF 9.9× · Pricier than median
EV/EBITDA 15.2× · Pricier than median
PEG 2.04× · 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.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE57 · sector 33
FUTURE100 · sector 10
PAST16 · sector 16
HEALTH82 · sector 85
DIVIDEND73 · sector 59

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 Real Estate Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Plaza S.A MALLPLAZA 3,989 CLP 4,571 CLP +15%
PT Solusi Tunas Pratama Tbk SUPR 43,850 IDR 15,049 IDR -66%
Cencosud Shopping S.A CENCOMALLS 2,412 CLP 2,976 CLP +23%
PT Sarana Menara Nusantara Tbk. owns and TOWR 422.00 IDR 1,012 IDR +140%
PT Metropolitan Kentjana Tbk MKPI 22,000 IDR 19,160 IDR -13%
PT Bangun Kosambi Sukses Tbk, CBDK 3,610 IDR 3,464 IDR -4%
IRSA Inversiones y Representaciones Sociedad Anónima, IRSA 2,495 ARS 2,990 ARS +20%
PT Plaza Indonesia Realty Tbk PLIN 2,510 IDR 2,698 IDR +7%
PT MNC Tourism Indonesia Tbk, KPIG 74.00 IDR 122.12 IDR +65%
PT Indonesian Paradise Property Tbk INPP 770.00 IDR 291.52 IDR -62%

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Frequently asked questions

Is FAR EAST ORCHARD LIMITED (O10) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 1.26 SGD versus a price of 1.07 SGD, about +18% (undervalued).
What is the fair value of O10?
Our model-based fair value for FAR EAST ORCHARD LIMITED is 1.26 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 1.07 SGD.
What is the quality score of O10?
FAR EAST ORCHARD LIMITED has a Quality Score of 55/100. 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 FAR EAST ORCHARD LIMITED (O10)?
FAR EAST ORCHARD LIMITED reported trailing-twelve-month revenue of about 248M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of O10?
The net profit margin of FAR EAST ORCHARD LIMITED is about 21.8%, meaning it keeps roughly 21.8% of revenue as net income. Based on the latest reported figures.
Does FAR EAST ORCHARD LIMITED pay a dividend?
FAR EAST ORCHARD LIMITED currently shows a dividend yield of about 3.67% 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.

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