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SHENG SIONG GROUP LTD (OV8) Fair Value & Analysis

Consumer Defensive · SG · Market cap 5.0B SGD

SS SHENG SIONG GROUP LTD OV8 · SG
Price3.25 SGD
Fair Value2.09 SGD
Upside-35.7%
Quality74/100
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Healthy Growth
Thin margins · 9.5% net margin
Low debt · generates free cash flow
2.10% dividend yield
Mixed vs. peers (7/15)
Moderate moat 63/100
Evidence: High Range 1.57 SGD – 2.61 SGD Share as image

Fair value as of: Aug 16, 2026

From 24 valuation models · updated 3 days ago

Share price −0.9% over the past month.

A solid business, but screening 36% overvalued on our models.

What matters now

  • A high-quality business (quality 74/100), yet the market already pays well above fair value. Quality at a full price, with little margin of safety.
  • The price sits above even our optimistic bull case (2.61 SGD). The favourable scenario is already priced in.
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Price vs Fair Value (5 years)

3.34 SGD 1.21 SGD Fair Value 2.09 SGD May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 16, 2026.

How to read this chart

60‑month range 1.21 SGD – 3.34 SGD · fair‑value band 1.57 SGD – 2.61 SGD · the 3.25 SGD price screens above the 2.09 SGD fair value. Dashed = 300-day average. As of Aug 16, 2026.

Full chart & analysis →

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Analysis

SHENG SIONG GROUP LTD (OV8) currently trades at 3.25 SGD, while our model-based Fair Value estimate is 2.09 SGD, implying the stock looks roughly 35.7% overvalued today. The Quality Score stands at 74/100 (solid quality), in the Consumer Defensive 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: high).

Over the trailing twelve months, SHENG SIONG GROUP LTD generated revenue of 1.6B SGD at a net margin of 9.5%. Revenue grew 12.4% year over year. It earns a return on equity of 25.4%. The stock trades on a trailing P/E of 32.5. Fundamentals as of Aug 16, 2026

Our scenario range runs from 1.57 SGD (bear case) to 2.61 SGD (bull case); at 3.25 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 4% below its 52-week high and 70% above its 52-week low, currently above its 200-day average. For context, the median of 10 Consumer Defensive peers we cover trades at -27% fair-value upside, at -36%, OV8 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 1.85 SGD 2.55 SGD 3.51 SGD 80
Residual Income 0.6300 SGD 0.8500 SGD 4.42 SGD 76
Rev-Margin DCF 1.49 SGD 2.13 SGD 2.85 SGD 74
All 24 models by family
DCF Models
FCF DCF 1.83 SGD 2.62 SGD 3.78 SGD 38
Owner Earnings 1.66 SGD 2.37 SGD 3.40 SGD 31
5Y Revenue Exit 1.49 SGD 2.11 SGD 2.89 SGD 39
5Y EBITDA Exit 1.73 SGD 2.55 SGD 3.50 SGD 41
5Y P/E Exit 1.73 SGD 2.56 SGD 3.42 SGD 38
10Y Revenue Exit 1.57 SGD 2.16 SGD 2.92 SGD 36
10Y EBITDA Exit 1.75 SGD 2.46 SGD 3.37 SGD 37
10Y P/E Exit 1.75 SGD 2.46 SGD 3.32 SGD 35
Earnings-Based
Graham-Dodd 0.6800 SGD 2.06 SGD 2.73 SGD 54
Lynch FV 0.4400 SGD 0.6300 SGD 0.8200 SGD 50
PEG = 1.0 0.4400 SGD 0.6300 SGD 0.8200 SGD 46
EPV 1.17 SGD 1.31 SGD 1.43 SGD 59
Multiples
P/E Multiple 1.57 SGD 2.09 SGD 2.61 SGD 63
P/S Multiple 1.25 SGD 1.67 SGD 2.09 SGD 58
P/B Multiple 1.27 SGD 1.69 SGD 2.11 SGD 55
EV/EBIT 1.78 SGD 2.28 SGD 2.77 SGD 53
EV/EBITDA 1.84 SGD 2.36 SGD 2.88 SGD 54
EV/Revenue 1.35 SGD 1.81 SGD 2.27 SGD 43
Asset-Based
NCAV (Graham) 0.2000 SGD 0.2600 SGD 0.3900 SGD 50
Growth DCF
Growth DCF 1.85 SGD 2.55 SGD 3.51 SGD 80
Rev-Margin DCF 1.49 SGD 2.13 SGD 2.85 SGD 74
Economic Profit
Residual Income 0.6300 SGD 0.8500 SGD 4.42 SGD 76
ROIC Compounder 1.20 SGD 1.37 SGD 1.53 SGD 72
Growth Earnings
Growth-Adj P/E 1.29 SGD 1.84 SGD 2.39 SGD 68

Widest divergence: DCF Models (2.46 SGD) versus Asset-Based (0.2600 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 1.6B SGD
Revenue growth (YoY) +12.4%
Net margin 9.5%
Return on equity 25.4%
Free cash flow 216M SGD FY2025
P/E ratio 32.5
More key figures
Operating margin 11.6%
EPS (TTM) 0.1000 SGD
Dividend yield 2.1%
EPS growth (YoY) +11.7%

Figures from reported company fundamentals · as of Aug 16, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 74/100

Of which business quality 75 · Market factors (momentum, volatility) 86

Profitability 80
Margins and returns on capital today
Quality Growth 42
Are margins and returns improving?
Cashflow 71
Earnings quality: real cash, not paper profit
Fin. Strength 96
Balance sheet, leverage, solvency risk
Investment 67
Disciplined investing over empire-building
Low Volatility 94
Calm price path (market factor)
Momentum 74
Price trend over the last 3–12 months (market factor)
52W Momentum 95
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

Sheng Siong Group Ltd, an investment holding company, operates a chain of supermarket retail stores. The company's stores include live, fresh, and chilled produce, such as seafood, meat, fruits, and vegetables; dairy products; pantry staples, including rice, noodles, oils, spices, and seasonings; packaged, processed, frozen, and preserved food products; …

Full company description

Sheng Siong Group Ltd, an investment holding company, operates a chain of supermarket retail stores. The company's stores include live, fresh, and chilled produce, such as seafood, meat, fruits, and vegetables; dairy products; pantry staples, including rice, noodles, oils, spices, and seasonings; packaged, processed, frozen, and preserved food products; baby and personal care products; and assortment of beverages, wines, beers, and spirits, as well as other essential household merchandises. It is also involved in general trading, and wholesale import and export businesses. In addition, the company operates Sheng Siong Online, an online shopping platform for groceries. It operates stores in Singapore and Kunming, China under the Sheng Siong brand name. The company was founded in 1985 and is headquartered in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SHENG SIONG GROUP LTD reported revenue of 1.6B SGD in FY2025 versus 1.4B SGD in FY2021, a compound +3.5%/yr. Reported net income was 149M SGD in FY2025, compounding +3.0%/yr from FY2021.

Growth Quality 68/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
1.6B SGD
Latest YoY
+9.9%
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.
+5.4%
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.
+2.4%
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.
+7.1%
Revenue +3.5%/yr
FY21 1.4B SGD
FY22 1.3B SGD
FY23 1.4B SGD
FY24 1.4B SGD
FY25 1.6B SGD
Net income +3.0%/yr
FY21 133M SGD
FY22 133M SGD
FY23 134M SGD
FY24 138M SGD
FY25 149M SGD

OV8 screens 36% overvalued. Compare with Loblaw Companies Limited →

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Cite: Fair Value Calculator (2026). "SHENG SIONG GROUP LTD Fair Value". https://www.fairvalue-calculator.com/stock/OV8

Peer Group

Grocery Stores · 82 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 74 · Top 25%
Fair Value upside −36% · Bottom 25%
Return on equity (TTM) 25% · Top 25%
Return on assets 11% · Top 25%
Net margin (TTM) 10% · Top 25%
Operating margin (TTM) 12% · Top 25%
Revenue growth 12% · Top 25%
Dividend yield (TTM) 2.1% · Below median

Valuation Multiples vs Grocery Stores median · lower = cheaper

P/E (TTM) 32.5× · Pricier than 75% of peers
P/B 6.63× · Pricier than 75% of peers
P/S (TTM) 2.41× · Pricier than 75% of peers
P/FCF 18.1× · Pricier than 75% of peers
EV/EBITDA 17.6× · Pricier than 75% of peers
PEG 3.28× · Pricier than 75% of peers

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 36
FUTURE 62 · sector 17
PAST 100 · sector 50
HEALTH 100 · sector 92
DIVIDEND 42 · sector 52

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 Grocery Stores stocks, each showing price versus our Fair Value estimate (as of Aug 16, 2026).

Stock Price Fair Value vs Fair Value
Loblaw Companies Limited L C$60.79 C$44.44 -27%
Koninklijke Ahold Delhaize N.V AD €31.87 €53.50 +68%
The Kroger Co KR $56.06 $28.19 -50%
Woolworths Group WOW A$39.72 A$8.33 -79%
George Weston Limited WN C$99.75 C$147.70 +48%
Coles Group COL A$23.44 A$15.86 -32%
Metro Inc MRU C$89.98 C$94.01 +4%
Carrefour SA CA €15.73 €11.19 -29%
CP ALL Public Company TCPD 1.81 SGD 2.35 SGD +30%
BIM Birlesik Magazalar A.S., BIMAS 385.75 TRY 267.12 TRY -31%

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Frequently asked questions

Is SHENG SIONG GROUP LTD (OV8) overvalued or undervalued?
As of Aug 16, 2026, our model estimates a fair value of 2.09 SGD versus a price of 3.25 SGD, about −36% (overvalued).
What is the fair value of OV8?
Our model-based fair value for SHENG SIONG GROUP LTD is 2.09 SGD (as of Aug 16, 2026), built from audited fundamentals. The current price is 3.25 SGD.
What is the quality score of OV8?
SHENG SIONG GROUP LTD has a Quality Score of 74/100. 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 SHENG SIONG GROUP LTD (OV8)?
SHENG SIONG GROUP LTD reported trailing-twelve-month revenue of about 1.6B SGD (latest available figure, as of Aug 16, 2026).
What is the net profit margin of OV8?
The net profit margin of SHENG SIONG GROUP LTD is about 9.5%, meaning it keeps roughly 9.5% of revenue as net income. Based on the latest reported figures.
Does SHENG SIONG GROUP LTD pay a dividend?
SHENG SIONG GROUP LTD currently shows a dividend yield of about 2.10% relative to its recent price (as of Aug 16, 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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