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PropNex Limited (OYY) Fair Value & Analysis

Real Estate · SG · Market cap 1.4B SGD

PL PropNex Limited OYY · SG
Price1.86 SGD
Fair Value1.64 SGD
Upside-11.8%
Quality72/100
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Evidence: High Range 1.21 SGD – 3.56 SGD

Fair value as of: Jul 4, 2026

From 24 valuation models · updated yesterday

Share price +3.9% over the past month.

Price vs Fair Value (12 months)

2.53 SGD 1.12 SGD Fair Value 1.64 SGD Jul 2025 Jul 2026

12‑month range 1.12 SGD – 2.53 SGD · fair‑value band 1.21 SGD – 3.56 SGD · the 1.86 SGD price screens above the 1.64 SGD fair value. As of Jul 4, 2026.

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Analysis

PropNex Limited (OYY) currently trades at 1.86 SGD, while our model-based Fair Value estimate is 1.64 SGD — implying the stock looks roughly 11.8% overvalued today. We read business quality at 72/100 (solid quality), in the Real Estate 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, PropNex Limited generated revenue of 1.1B SGD at a net margin of 6.3%. Revenue grew 18.3% year over year. It earns a return on equity of 61.4%. The stock trades on a trailing P/E of 18.4. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 1.1B SGD
Revenue growth (YoY) +18.3%
Net margin 6.3%
Return on equity 61.4%
Free cash flow 90.8M SGD FY2025
P/E ratio 18.4
More key figures
Operating margin 5.4%
EPS (TTM) 0.1000 SGD
Dividend yield 5.2%
EPS growth (YoY) +28.4%

Figures from reported company fundamentals (EODHD) · as of Jul 4, 2026. TTM = trailing twelve months.

About the company

PropNex Limited, an investment holding company, provides real estate services in Singapore. The company operates through Agency Services, Project Marketing Services, Administrative Support Services, and Training Services segments. The Agency Services segment engages in the sale and lease of public and private residential and commercial/industrial properties, including housing and development board flats and executive condominiums, private condominiums, landed properties, retail shops, offices, and factories. The Project Marketing Services segment is involved in the sale of new private residential development projects for third-party property developers. The Administrative Support Services segment provides space and other ancillary services. The Training Services segment offers real estate related courses and training programs to salespersons. It also operates web portals. PropNex Limited was founded in 1996 and is headquartered in Singapore. PropNex Limited is a subsidiary of UOB …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

PropNex Limited reported revenue of 1.1B SGD in FY2025 versus 957M SGD in FY2021, a compound +3.9%/yr. Reported net income was 70.4M SGD in FY2025, compounding +4.1%/yr from FY2021.

Revenue +3.9%/yr
FY21 957M SGD
FY22 1.0B SGD
FY23 838M SGD
FY24 783M SGD
FY25 1.1B SGD
Net income +4.1%/yr
FY21 60.0M SGD
FY22 62.4M SGD
FY23 47.8M SGD
FY24 40.9M SGD
FY25 70.4M SGD

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Frequently asked questions

Is PropNex Limited (OYY) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 1.64 SGD versus a price of 1.86 SGD — about −12% (overvalued). Model-based estimate, not financial advice.
What is the fair value of OYY?
Our model-based fair value for PropNex Limited is 1.64 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 1.86 SGD.
What is the quality score of OYY?
PropNex Limited has a Quality Score of 72/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of PropNex Limited (OYY)?
PropNex Limited reported trailing-twelve-month revenue of about 1.1B SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of OYY?
The net profit margin of PropNex Limited is about 6.3%, meaning it keeps roughly 6.3% of revenue as net income. Based on the latest reported figures.
Does PropNex Limited pay a dividend?
PropNex Limited currently shows a dividend yield of about 5.16% relative to its recent price (as of Jul 4, 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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.