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Pan-United Corporation (P52) Fair Value & Analysis

Basic Materials · SG · Market cap 946M SGD

PU Pan-United Corporation P52 · SG
Price1.35 SGD
Fair Value1.23 SGD
Upside-8.9%
Quality69/100
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Evidence: High Range 0.7900 SGD – 1.54 SGD

Fair value as of: Jul 4, 2026

From 24 valuation models · updated today

Share price −9.4% over the past month.

Price vs Fair Value (12 months)

1.73 SGD 0.8581 SGD Fair Value 1.23 SGD Jul 2025 Jul 2026

12‑month range 0.8581 SGD – 1.73 SGD · fair‑value band 0.7900 SGD – 1.54 SGD · the 1.35 SGD price screens above the 1.23 SGD fair value. As of Jul 4, 2026.

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Analysis

Pan-United Corporation (P52) currently trades at 1.35 SGD, while our model-based Fair Value estimate is 1.23 SGD — implying the stock looks roughly 8.9% overvalued today. We read business quality at 69/100 (solid quality), in the Basic Materials 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, Pan-United Corporation generated revenue of 899M SGD at a net margin of 5.6%. Revenue grew 16.1% year over year. It earns a return on equity of 18.1%. Net debt stands at 19.8M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 899M SGD
Revenue growth (YoY) +16.1%
Net margin 5.6%
Return on equity 18.1%
Free cash flow 29.9M SGD FY2025
P/E ratio 19.3
More key figures
Operating margin 7.8%
EPS (TTM) 0.0700 SGD
Dividend yield 3.3%
EPS growth (YoY) +34.9%
Net debt 19.8M SGD FY2020

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

About the company

Pan-United Corporation Ltd, an investment holding company, engages in the concrete and logistics businesses in Singapore and internationally. The company operates in two segments, Concrete and Cement, and Trading and Others. It supplies cement, aggregates, and ready-mix concrete and slag products, as well as refined petroleum products. The company is also involved in the trading of raw materials and bulk shipping. In addition, it manufactures, trades in, and supplies basic building materials. Further, the company provides sustainable technology solutions and marketing services. Additionally, it acts as a cement silo operator; and engages in the general trading, as well as provision of software consultancy, information technology, and computer service activities. The company provides solutions for aesthetic, aviation, commercial, healthcare, marine and ports, residential, transport infrastructure, underground, and waste and water management. Pan-United Corporation Ltd was founded in …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Pan-United Corporation reported revenue of 898M SGD in FY2025 versus 587M SGD in FY2021, a compound +11.2%/yr. Reported net income was 50.7M SGD in FY2025, compounding +28.4%/yr from FY2021.

Revenue +11.2%/yr
FY21 587M SGD
FY22 703M SGD
FY23 774M SGD
FY24 812M SGD
FY25 898M SGD
Net income +28.4%/yr
FY21 18.7M SGD
FY22 23.4M SGD
FY23 34.3M SGD
FY24 40.9M SGD
FY25 50.7M SGD

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Similar stocks

6 more Building Materials stocks, each showing price versus our Fair Value estimate (as of Jul 4, 2026).

Stock Price Fair Value vs Fair Value
CRH plc CRH $111.25 $70.25 -37%
Holcim AG HOLN CHF 76.44 CHF 35.29 -54%
Heidelberg Materials AG HEI €172.00 €136.22 -21%
Vulcan Materials Company VMC $304.39 $119.01 -61%
Martin Marietta Materials, Inc MLM $552.87 $149.37 -73%
UltraTech Cement Limited ULTRACEMCO ₹10,912 ₹4,589 -58%

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Frequently asked questions

Is Pan-United Corporation (P52) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 1.23 SGD versus a price of 1.35 SGD — about −9% (overvalued). Model-based estimate, not financial advice.
What is the fair value of P52?
Our model-based fair value for Pan-United Corporation is 1.23 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 1.35 SGD.
What is the quality score of P52?
Pan-United Corporation has a Quality Score of 69/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Pan-United Corporation (P52)?
Pan-United Corporation reported trailing-twelve-month revenue of about 899M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of P52?
The net profit margin of Pan-United Corporation is about 5.6%, meaning it keeps roughly 5.6% of revenue as net income. Based on the latest reported figures.
Does Pan-United Corporation pay a dividend?
Pan-United Corporation currently shows a dividend yield of about 3.33% 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.