Fortress Minerals Limited (OAJ) Fair Value & Analysis
Basic Materials · SG · Market cap 131M SGD
Fair value as of: Jul 4, 2026
From 24 valuation models · updated yesterday
Analysis
Fortress Minerals Limited (OAJ) currently trades at 0.2500 SGD, while our model-based Fair Value estimate is 0.3100 SGD — implying the stock looks roughly 24.0% undervalued today. We read business quality at 63/100 (solid quality), in the Basic Materials 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, Fortress Minerals Limited generated revenue of 68.0M SGD at a net margin of 15.6%. Revenue grew 23.7% year over year. It earns a return on equity of 11.6%. Net debt stands at 3.5M SGD. Fundamentals as of Jul 4, 2026
Key figures & financial health
More key figures
Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.
About the company
Fortress Minerals Limited, an investment holding company, engages in the exploration, mining, production, and sale of iron ore concentrates. It holds interest in the Bukit Besi mine located in Terengganu, Malaysia. The company is involved in the acquisition of mines, mining rights, metalliferous land, and quarries, trading of minerals. In addition, it undertakes contracts for drilling and blasting works, other site preparation activities, and mining works. Further, it transports iron ore and minerals; offers supporting services for transport equipment and vehicles; sells its iron ore concentrates primarily to steel mills and trading companies in the People's Republic of China and Malaysia. Fortress Minerals Limited was incorporated in 2017 and is based in Petaling Jaya, Malaysia.
Revenue & earnings trend
FY2022 – FY2026 · reported fiscal years
Fortress Minerals Limited reported revenue of 64.3M SGD in FY2026 versus 43.4M SGD in FY2022, a compound +10.3%/yr. Reported net income was 9.8M SGD in FY2026, compounding −8.4%/yr from FY2022.
Is OAJ fairly valued? → Check now
Similar stocks
6 more Steel stocks, each showing price versus our Fair Value estimate (as of Jul 4, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Tata Steel Limited TTST | $0.2140 | $0.2500 | +17% |
| Nucor Corporation NUE | $250.49 | $79.02 | -68% |
| ArcelorMittal S.A ARMT34 | R$163.20 | R$15.38 | -91% |
| JSW Steel Limited JSWSTEEL | ₹1,284 | ₹901.55 | -30% |
| Baoshan Iron & Steel Co 600019 | ¥5.75 | ¥8.07 | +40% |
| China Steel Corporation 2002A | 38.25 TWD | 9.37 TWD | -76% |
Explore undervalued stocks
More undervalued Basic Materials stocks →
Frequently asked questions
Is Fortress Minerals Limited (OAJ) undervalued?
What is the fair value of OAJ?
What is the quality score of OAJ?
What is the revenue of Fortress Minerals Limited (OAJ)?
What is the net profit margin of OAJ?
Does Fortress Minerals Limited pay a dividend?
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.