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ENECO ENERGY LIMITED (R14) Fair Value & Analysis

Industrials · SG · Market cap 30.4M SGD

EE ENECO ENERGY LIMITED R14 · SG
Price0.0090 SGD
Fair Value0.0100 SGD
Upside+11.1%
Quality33/100
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Weak Growth
Thin margins · 3.4% net margin
Low debt · generates free cash flow
Mixed vs. peers (5/11)
Narrow moat 18/100
Evidence: Medium Range 0.0100 SGD – 0.0100 SGD Share as image

Fair value as of: Aug 18, 2026

From 11 valuation models · updated yesterday

Fair value updated Aug 18, 2026, revised from 0.0090 SGD to 0.0100 SGD (+11.6%) since Aug 13, 2026. Share price +12.5% over the past month.

Below-average quality, screening 11% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (0.0100 SGD). The market is more pessimistic than our downside scenario.
  • Our model range runs from 0.0100 SGD (bear) to 0.0100 SGD (bull), base 0.0100 SGD. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 33/100 (below-average quality) with medium evidence: read the verdict with care.
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Price vs Fair Value (5 years)

0.0260 SGD 0.0060 SGD Fair Value 0.0100 SGD May 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 18, 2026.

How to read this chart

60‑month range 0.0060 SGD – 0.0260 SGD · the 0.0090 SGD price screens below the 0.0100 SGD fair value. Dashed = 300-day average. As of Aug 18, 2026.

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Analysis

ENECO ENERGY LIMITED (R14) currently trades at 0.0090 SGD, while our model-based Fair Value estimate is 0.0100 SGD, implying the stock looks roughly 11.1% undervalued today. The Quality Score stands at 33/100 (below-average 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: medium), always confirm before acting.

Over the trailing twelve months, ENECO ENERGY LIMITED generated revenue of 31.9M SGD at a net margin of 3.4%. Revenue grew 1.3% year over year. It earns a return on equity of -3.6%. Fundamentals as of Aug 18, 2026

The share trades about 25% below its 52-week high and 29% above its 52-week low, currently below its 200-day average. For context, the median of 10 Industrials peers we cover trades at 26% fair-value upside, at 11%, R14 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 0.0100 SGD 0.0100 SGD 0.0100 SGD 80
Rev-Margin DCF 0.0100 SGD 0.0100 SGD 0.0200 SGD 74
EV/EBITDA 0.0200 SGD 0.0200 SGD 0.0200 SGD 54
All 11 models by family
DCF Models
FCF DCF 0.0100 SGD 0.0100 SGD 0.0100 SGD 38
Owner Earnings 0.0100 SGD 0.0100 SGD 0.0200 SGD 31
5Y Revenue Exit 0.0100 SGD 0.0100 SGD 0.0200 SGD 39
5Y EBITDA Exit 0.0100 SGD 0.0200 SGD 0.0200 SGD 41
10Y Revenue Exit 0.0100 SGD 0.0100 SGD 0.0100 SGD 36
10Y EBITDA Exit 0.0100 SGD 0.0100 SGD 0.0200 SGD 37
Multiples
EV/EBITDA 0.0200 SGD 0.0200 SGD 0.0200 SGD 54
EV/Revenue 0.0100 SGD 0.0100 SGD 0.0200 SGD 43
Asset-Based
NCAV (Graham) 0.0100 SGD 50
Growth DCF
Growth DCF 0.0100 SGD 0.0100 SGD 0.0100 SGD 80
Rev-Margin DCF 0.0100 SGD 0.0100 SGD 0.0200 SGD 74

Widest divergence: DCF Models (0.0100 SGD) versus DCF Models (0.0100 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 31.9M SGD
Revenue growth (YoY) +1.3%
Net margin 3.4%
Return on equity -3.6%
Free cash flow 3.4M SGD FY2024
Operating margin 6.5%
More key figures
EPS growth (YoY) +513%

Figures from reported company fundamentals · as of Aug 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 33/100

Of which business quality 39 · Market factors (momentum, volatility) 36

Profitability 17
Margins and returns on capital today
Quality Growth 14
Are margins and returns improving?
Cashflow 62
Earnings quality: real cash, not paper profit
Fin. Strength 72
Balance sheet, leverage, solvency risk
Investment 55
Disciplined investing over empire-building
Low Volatility 45
Calm price path (market factor)
Momentum 32
Price trend over the last 3–12 months (market factor)
52W Momentum 31
Distance to the 52-week high (market factor)
Net Issuance 1
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

Eneco Energy Limited, an investment holding company, provides logistics services in Singapore. The company operates through logistics and corporate segments. The company offers logistics services, such as transportation management and air cargo terminal handling services; and corporate services and treasury function.

Full company description

Eneco Energy Limited, an investment holding company, provides logistics services in Singapore. The company operates through logistics and corporate segments. The company offers logistics services, such as transportation management and air cargo terminal handling services; and corporate services and treasury function. The company was formerly known as Ramba Energy Limited and changed its name to Eneco Energy Limited in March 2019. Eneco Energy Limited was founded in 1992 and is based in Singapore.

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

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

ENECO ENERGY LIMITED reported revenue of 31.3M SGD in FY2024 versus 36.6M SGD in FY2020, a compound −3.8%/yr. Reported net income was −715K SGD in FY2024.

Growth Quality 35/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
31.3M SGD
Latest YoY
+2.4%
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.
−7.5%
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.
−5.3%
Avg. growth/yr (11Y) 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.
−7.5%
Revenue −3.8%/yr
FY20 36.6M SGD
FY21 39.5M SGD
FY22 32.0M SGD
FY23 30.6M SGD
FY24 31.3M SGD
Net income
FY20 12.8M SGD
FY21 6.8M SGD
FY22 2.1M SGD
FY23 83.0K SGD
FY24 −715K SGD

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Cite: Fair Value Calculator (2026). "ENECO ENERGY LIMITED Fair Value". https://www.fairvalue-calculator.com/stock/R14

Peer Group

Integrated Freight & Logistics · 215 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 33 · Bottom 25%
Fair Value upside +11% · Above median
Return on assets 0% · Bottom 25%
Net margin (TTM) 3% · Above median
Operating margin (TTM) 7% · Above median
Revenue growth 1% · Below median

Valuation Multiples vs Integrated Freight & Logistics median · lower = cheaper

P/B 1.09× · Cheaper than median
P/S (TTM) 0.75× · Pricier than median
P/FCF 7.1× · Pricier 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 48 · sector 42
FUTURE 7 · sector 8
PAST 0 · sector 26
HEALTH 100 · sector 94
DIVIDEND 0 · sector 63

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 Integrated Freight & Logistics stocks, each showing price versus our Fair Value estimate (as of Aug 18, 2026).

Stock Price Fair Value vs Fair Value
United Parcel Service, Inc UPS $103.91 $103.34 -1%
FedEx Corporation FDX $326.77 $347.68 +6%
Deutsche Post AG DHL €55.32 €53.18 -4%
DSV A/S DSV kr 1,380 kr 712.57 -48%
S.F. Holding 002352 ¥32.96 ¥48.64 +48%
ZTO Express (Cayman) Inc 2057 HK$178.20 HK$224.41 +26%
Hyundai Glovis Co 086280 199,700 KRW 468,982 KRW +135%
YTO Express Group 600233 ¥18.48 ¥26.51 +43%
JD Logistics, Inc 2618 HK$14.17 HK$21.45 +51%
Sinotrans Limited 601598 ¥6.46 ¥7.38 +14%

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Frequently asked questions

Is ENECO ENERGY LIMITED (R14) overvalued or undervalued?
As of Aug 18, 2026, our model estimates a fair value of 0.0100 SGD versus a price of 0.0090 SGD, about +11% (undervalued).
What is the fair value of R14?
Our model-based fair value for ENECO ENERGY LIMITED is 0.0100 SGD (as of Aug 18, 2026), built from audited fundamentals. The current price is 0.0090 SGD.
What is the quality score of R14?
ENECO ENERGY LIMITED has a Quality Score of 33/100. 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 ENECO ENERGY LIMITED (R14)?
ENECO ENERGY LIMITED reported trailing-twelve-month revenue of about 31.9M SGD (latest available figure, as of Aug 18, 2026).
What is the net profit margin of R14?
The net profit margin of ENECO ENERGY LIMITED is about 3.4%, meaning it keeps roughly 3.4% of revenue as net income. 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.

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