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LEY CHOON GROUP HLDG LIMITED (Q0X) Fair Value & Analysis

Industrials · SG · Market cap 136M SGD

LC LEY CHOON GROUP HLDG LIMITED Q0X · SG
Price0.0900 SGD
Fair Value0.0900 SGD
Upside+0.0%
Quality58/100
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Mixed Growth
Thin margins · 7.0% net margin
Low debt · generates free cash flow
2.22% dividend yield
Ranks above peers (11/14)
Moderate moat 53/100
Evidence: High Range 0.0630 SGD – 0.1170 SGD Share as image

Fair value as of: Aug 13, 2026

From 23 valuation models · updated 4 days ago

Fair value updated Aug 13, 2026, revised from 0.0899 SGD to 0.0900 SGD (+0.1%) since Aug 9, 2026. Share price −1.1% over the past month.

A solid business, currently priced close to our fair value.

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What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (0.0630 SGD to 0.1170 SGD) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

0.1290 SGD 0.0110 SGD Fair Value 0.0900 SGD May 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 0.0110 SGD – 0.1290 SGD · fair‑value band 0.0630 SGD – 0.1170 SGD · the 0.0900 SGD price screens below the 0.0900 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

LEY CHOON GROUP HLDG LIMITED (Q0X) currently trades at 0.0900 SGD, while our model-based Fair Value estimate is 0.0900 SGD, implying the stock looks roughly 0.0% fairly valued today. The Quality Score stands at 58/100 (solid quality), in the Industrials 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, LEY CHOON GROUP HLDG LIMITED generated revenue of 144M SGD at a net margin of 7.0%. Revenue grew 20.4% year over year. It earns a return on equity of 13.6%. Net debt stands at 12.2M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.0630 SGD (bear case) to 0.1170 SGD (bull case); at 0.0900 SGD, the current price sits within 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 32% below its 52-week high and 39% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at -34% fair-value upside, at 0%, Q0X 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 0.0400 SGD 0.0500 SGD 0.0600 SGD 80
Residual Income 0.0400 SGD 0.0500 SGD 0.0700 SGD 76
Rev-Margin DCF 0.0600 SGD 0.0800 SGD 0.1200 SGD 74
All 23 models by family
DCF Models
FCF DCF 0.0400 SGD 0.0500 SGD 0.0600 SGD 38
Owner Earnings 0.0800 SGD 0.1000 SGD 0.1200 SGD 31
5Y Revenue Exit 0.0600 SGD 0.0800 SGD 0.1200 SGD 39
5Y EBITDA Exit 0.0800 SGD 0.1200 SGD 0.1800 SGD 41
5Y P/E Exit 0.0700 SGD 0.1100 SGD 0.1500 SGD 38
10Y Revenue Exit 0.0500 SGD 0.0700 SGD 0.0900 SGD 36
10Y EBITDA Exit 0.0600 SGD 0.0900 SGD 0.1300 SGD 37
10Y P/E Exit 0.0600 SGD 0.0800 SGD 0.1200 SGD 35
Earnings-Based
Graham-Dodd 0.0500 SGD 0.1100 SGD 0.1500 SGD 54
PEG = 1.0 0.0200 SGD 0.0300 SGD 0.0400 SGD 46
EPV 0.0500 SGD 0.0600 SGD 0.0600 SGD 59
Multiples
P/E Multiple 0.1000 SGD 0.1400 SGD 0.1700 SGD 63
P/S Multiple 0.0800 SGD 0.1100 SGD 0.1400 SGD 58
P/B Multiple 0.0800 SGD 0.1100 SGD 0.1400 SGD 55
EV/EBIT 0.1000 SGD 0.1300 SGD 0.1600 SGD 53
EV/EBITDA 0.1200 SGD 0.1600 SGD 0.2000 SGD 54
EV/Revenue 0.0700 SGD 0.1000 SGD 0.1300 SGD 43
Asset-Based
NCAV (Graham) 0.0300 SGD 0.0300 SGD 0.0500 SGD 50
Growth DCF
Growth DCF 0.0400 SGD 0.0500 SGD 0.0600 SGD 80
Rev-Margin DCF 0.0600 SGD 0.0800 SGD 0.1200 SGD 74
Economic Profit
Residual Income 0.0400 SGD 0.0500 SGD 0.0700 SGD 76
ROIC Compounder 0.0500 SGD 0.0600 SGD 0.0700 SGD 72
Growth Earnings
Growth-Adj P/E 0.0800 SGD 0.1200 SGD 0.1500 SGD 68

Widest divergence: Growth Earnings (0.1200 SGD) versus Asset-Based (0.0300 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 144M SGD
Revenue growth (YoY) +20.4%
Net margin 7.0%
Return on equity 13.6%
Free cash flow 5.9M SGD FY2026
P/E ratio 9.0
More key figures
Operating margin 8.1%
EPS (TTM) 0.0100 SGD
Dividend yield 2.2%
EPS growth (YoY) -45.5%
Net debt 12.2M SGD FY2023

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

Quality Score breakdown

Overall quality 58/100

Of which business quality 58 · Market factors (momentum, volatility) 39

Profitability 55
Margins and returns on capital today
Quality Growth 29
Are margins and returns improving?
Cashflow 34
Earnings quality: real cash, not paper profit
Fin. Strength 86
Balance sheet, leverage, solvency risk
Investment 62
Disciplined investing over empire-building
Low Volatility 61
Calm price path (market factor)
Momentum 24
Price trend over the last 3–12 months (market factor)
52W Momentum 40
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

Ley Choon Group Holdings Limited, an investment holding company, provides underground utilities infrastructure construction services in Singapore and Sri Lanka. The company operates in two segments: Pipes and Roads, and Construction Materials.

Full company description

Ley Choon Group Holdings Limited, an investment holding company, provides underground utilities infrastructure construction services in Singapore and Sri Lanka. The company operates in two segments: Pipes and Roads, and Construction Materials. The Pipes and Roads segment constructs and maintains underground utilities' infrastructure, including water pipes, NEWater pipes, high-pressure gas pipes, high-voltage power cables, and fiber optic cables; and offers sewer pipeline rehabilitation services. This segment also provides road and airfield pavement construction and maintenance services, such as supply and laying of graded stone and cement treated base, as well as milling and laying of asphalt premix. The Construction Materials segment produces asphalt premix and recycled aggregates from construction and demolition waste. The company provides maintenance services, civil engineering, training and tests for construction workers to operate the hydraulic excavator and bulldozer machines; and produces ready-mix concrete and cement bricks. Ley Choon Group Holdings Limited was incorporated in 1987 and is headquartered in Singapore.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

LEY CHOON GROUP HLDG LIMITED reported revenue of 144M SGD in FY2026 versus 92.9M SGD in FY2022, a compound +11.6%/yr. Reported net income was 10.0M SGD in FY2026, compounding +20.4%/yr from FY2022.

Growth Quality 79/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
144M SGD
Latest YoY
+10.3%
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.
+5.1%
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.
+13.7%
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.
+0.8%
Revenue +11.6%/yr
FY22 92.9M SGD
FY23 124M SGD
FY24 129M SGD
FY25 131M SGD
FY26 144M SGD
Net income +20.4%/yr
FY22 4.8M SGD
FY23 9.2M SGD
FY24 10.9M SGD
FY25 14.5M SGD
FY26 10.0M SGD

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Cite: Fair Value Calculator (2026). "LEY CHOON GROUP HLDG LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/Q0X

Peer Group

Engineering & Construction · 838 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 58 · Above median
Fair Value upside +0% · Above median
Return on equity (TTM) 14% · Above median
Return on assets 7% · Top 25%
Net margin (TTM) 7% · Above median
Operating margin (TTM) 8% · Above median
Revenue growth 20% · Above median
Dividend yield (TTM) 2.2% · Above median

Valuation Multiples vs Engineering & Construction median · lower = cheaper

P/E (TTM) 9.0× · Cheaper than 75% of peers
P/B 1.39× · Pricier than median
P/S (TTM) 0.74× · Pricier than median
P/FCF 18.1× · Pricier than 75% of peers
EV/EBITDA 6.2× · Cheaper 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.

VALUE 33 · sector 15
FUTURE 100 · sector 14
PAST 54 · sector 26
HEALTH 100 · sector 94
DIVIDEND 44 · sector 43

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 Engineering & Construction stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

Stock Price Fair Value vs Fair Value
Larsen & Toubro Limited LT ₹4,020 ₹1,994 -50%
Samsung C&T Corporation 028260 357,500 KRW 261,411 KRW -27%
Hyundai Engineering & Construction Co 000720 113,700 KRW 61,453 KRW -46%
Samsung E&A Co 028050 49,300 KRW 43,624 KRW -12%
Rail Vikas Nigam Limited RVNL ₹228.50 ₹48.92 -79%
Daewoo Engineering & Construction Co 047040 18,400 KRW 6,507 KRW -65%
KEPCO Engineering & Construction Company 052690 99,800 KRW 19,346 KRW -81%
GS Engineering & Construction Corporation 006360 35,200 KRW 23,135 KRW -34%
DL E&C Co 375500 73,500 KRW 148,433 KRW +102%
KEPCO Plant Service & Engineering Co 051600 46,350 KRW 43,924 KRW -5%

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Frequently asked questions

Is LEY CHOON GROUP HLDG LIMITED (Q0X) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.0900 SGD versus a price of 0.0900 SGD, about +0% (fairly valued).
What is the fair value of Q0X?
Our model-based fair value for LEY CHOON GROUP HLDG LIMITED is 0.0900 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.0900 SGD.
What is the quality score of Q0X?
LEY CHOON GROUP HLDG LIMITED has a Quality Score of 58/100. 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 LEY CHOON GROUP HLDG LIMITED (Q0X)?
LEY CHOON GROUP HLDG LIMITED reported trailing-twelve-month revenue of about 144M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of Q0X?
The net profit margin of LEY CHOON GROUP HLDG LIMITED is about 7.0%, meaning it keeps roughly 7.0% of revenue as net income. Based on the latest reported figures.
Does LEY CHOON GROUP HLDG LIMITED pay a dividend?
LEY CHOON GROUP HLDG LIMITED currently shows a dividend yield of about 2.22% 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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