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Singapore Shipping Corporation (S19) Fair Value & Analysis

Industrials · SG · Market cap 122M SGD

SS Singapore Shipping Corporation S19 · SG
Price0.3050 SGD
Fair Value0.6500 SGD
Upside+113.1%
Quality74/100
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Evidence: High Range 0.4800 SGD – 0.8200 SGD

Fair value as of: Jul 4, 2026

From 22 valuation models · updated yesterday

Share price +3.4% over the past month.

Price vs Fair Value (12 months)

0.3150 SGD 0.2752 SGD Fair Value 0.6500 SGD Jul 2025 Jul 2026

12‑month range 0.2752 SGD – 0.3150 SGD · fair‑value band 0.4800 SGD – 0.8200 SGD · the 0.3050 SGD price screens below the 0.6500 SGD fair value. As of Jul 4, 2026.

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Analysis

Singapore Shipping Corporation (S19) currently trades at 0.3050 SGD, while our model-based Fair Value estimate is 0.6500 SGD — implying the stock looks roughly 113.1% undervalued today. We read business quality at 74/100 (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, Singapore Shipping Corporation generated revenue of 50.6M SGD at a net margin of 32.5%. Revenue grew 8.3% year over year. It earns a return on equity of 11.9%. Net debt stands at 8.2M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 50.6M SGD
Revenue growth (YoY) +8.3%
Net margin 32.5%
Return on equity 11.9%
Free cash flow 22.0M SGD FY2026
P/E ratio 6.1
More key figures
Operating margin 25.5%
EPS (TTM) 0.0500 SGD
Dividend yield 2.6%
EPS growth (YoY) +84.6%
Net debt 8.2M SGD FY2021

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

About the company

Singapore Shipping Corporation Limited, an investment holding company, owns and manages ships in Singapore, Japan, and internationally. It operates through two segments, Ship Owning, and Agency and Logistics. The company operates a fleet of vessels; and provides ship management services, such as technical management, procurement, ISO1/ISM1 certification and audits, ship stores and spares, and crew procurement and management, as well as ship inspection and new construction consultancy. It also provides shipping agency and terminal operation services, including vessel, marketing, and documentation support, as well as vessel husbandry, stevedoring, and cargo management; and specialized services, such as supervision of loading/discharging operations by port captains, vessel pre-planning for stowage, and coordinating with masters and agents for vessel turn-around and dispatch. In addition, it offers logistics and warehousing services, such as international sea/airfreight forwarding, …

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Singapore Shipping Corporation reported revenue of 50.6M SGD in FY2026 versus 45.8M SGD in FY2022, a compound +2.5%/yr. Reported net income was 16.4M SGD in FY2026, compounding +13.7%/yr from FY2022.

Revenue +2.5%/yr
FY22 45.8M SGD
FY23 47.4M SGD
FY24 45.5M SGD
FY25 48.6M SGD
FY26 50.6M SGD
Net income +13.7%/yr
FY22 9.8M SGD
FY23 11.5M SGD
FY24 9.1M SGD
FY25 11.4M SGD
FY26 16.4M SGD

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Frequently asked questions

Is Singapore Shipping Corporation (S19) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.6500 SGD versus a price of 0.3050 SGD — about +113% (undervalued). Model-based estimate, not financial advice.
What is the fair value of S19?
Our model-based fair value for Singapore Shipping Corporation is 0.6500 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.3050 SGD.
What is the quality score of S19?
Singapore Shipping Corporation has a Quality Score of 74/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Singapore Shipping Corporation (S19)?
Singapore Shipping Corporation reported trailing-twelve-month revenue of about 50.6M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of S19?
The net profit margin of Singapore Shipping Corporation is about 32.5%, meaning it keeps roughly 32.5% of revenue as net income. Based on the latest reported figures.
Does Singapore Shipping Corporation pay a dividend?
Singapore Shipping Corporation currently shows a dividend yield of about 2.58% 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.