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Southern Alliance Mining Ltd (QNS) Fair Value & Analysis

Basic Materials · SG · Market cap 274M SGD

SA Southern Alliance Mining Ltd QNS · SG
Price0.4300 SGD
Fair Value0.1500 SGD
Upside-65.1%
Quality53/100
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Evidence: Low Range 0.1300 SGD – 0.1700 SGD

Fair value as of: Jul 4, 2026

From 4 valuation models · updated today

Share price −2.3% over the past month.

Price vs Fair Value (12 months)

0.5750 SGD 0.3900 SGD Fair Value 0.1500 SGD Jul 2025 Jul 2026

12‑month range 0.3900 SGD – 0.5750 SGD · fair‑value band 0.1300 SGD – 0.1700 SGD · the 0.4300 SGD price screens above the 0.1500 SGD fair value. As of Jul 4, 2026.

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Analysis

Southern Alliance Mining Ltd (QNS) currently trades at 0.4300 SGD, while our model-based Fair Value estimate is 0.1500 SGD — implying the stock looks roughly 65.1% overvalued today. We read business quality at 53/100 (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: low).

Over the trailing twelve months, Southern Alliance Mining Ltd generated revenue of 266M SGD at a net margin of -8.0%. Revenue grew 95.4% year over year. It earns a return on equity of -5.0%. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 266M SGD
Revenue growth (YoY) +95.4%
Net margin -8.0%
Return on equity -5.0%
Free cash flow −8.2M SGD FY2024
Operating margin -6.3%
More key figures
EPS (TTM) -0.0100 SGD
EPS growth (YoY) -62.4%

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

About the company

Southern Alliance Mining Ltd., an investment holding company, engages in the exploration, mining, and processing of iron ores in Malaysia. The company primarily explores for iron ore, gold, precious and base metals, and rare earth deposits. Its flagship project, the Chaah Mine, is located in Johor, Malaysia. The company also provides pipe coating materials and management services. Additionally, it is involved in the mining, quarrying, and trading of various minerals and materials, as well as the processing and sale of other precious and base metals. The company has a strategic alliance with Brazilian Critical Minerals Limited for the development and distribution of rare earth products. The company was incorporated in 2019 and is headquartered in Kuantan, Malaysia.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

Southern Alliance Mining Ltd reported revenue of 166M SGD in FY2024 versus 254M SGD in FY2020, a compound −10.1%/yr. Reported net income was −4.4M SGD in FY2024.

Revenue −10.1%/yr
FY20 254M SGD
FY21 387M SGD
FY22 179M SGD
FY23 124M SGD
FY24 166M SGD
Net income
FY20 62.1M SGD
FY21 148M SGD
FY22 16.3M SGD
FY23 −7.8M SGD
FY24 −4.4M SGD

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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 $22.20 $11.06 -50%
Nucor Corporation NUE $250.49 $79.02 -68%
ArcelorMittal S.A ARMT34 R$172.80 R$119.18 -31%
JSW Steel Limited JSWSTEEL ₹1,270 ₹1,007 -21%
Baoshan Iron & Steel Co 600019 ¥5.75 ¥8.07 +40%
POSCO Holdings 005490 363,000 KRW 143,097 KRW -61%

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Frequently asked questions

Is Southern Alliance Mining Ltd (QNS) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.1500 SGD versus a price of 0.4300 SGD — about −65% (overvalued). Model-based estimate, not financial advice.
What is the fair value of QNS?
Our model-based fair value for Southern Alliance Mining Ltd is 0.1500 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.4300 SGD.
What is the quality score of QNS?
Southern Alliance Mining Ltd has a Quality Score of 53/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Southern Alliance Mining Ltd (QNS)?
Southern Alliance Mining Ltd reported trailing-twelve-month revenue of about 266M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of QNS?
The net profit margin of Southern Alliance Mining Ltd is about -8.0%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.