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Serial System Ltd (S69) Fair Value & Analysis

Technology · SG · Market cap 66.1M SGD

SS Serial System Ltd S69 · SG
Price0.0730 SGD
Fair Value0.0489 SGD
Upside-33.0%
Quality56/100
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Evidence: High Range 0.0416 SGD – 0.0562 SGD

Fair value as of: Jul 4, 2026

From 15 valuation models · updated yesterday

Share price −5.2% over the past month.

Price vs Fair Value (12 months)

0.0926 SGD 0.0424 SGD Fair Value 0.0489 SGD Jul 2025 Jul 2026

12‑month range 0.0424 SGD – 0.0926 SGD · fair‑value band 0.0416 SGD – 0.0562 SGD · the 0.0730 SGD price screens above the 0.0489 SGD fair value. As of Jul 4, 2026.

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Analysis

Serial System Ltd (S69) currently trades at 0.0730 SGD, while our model-based Fair Value estimate is 0.0489 SGD — implying the stock looks roughly 33.0% overvalued today. We read business quality at 56/100 (solid quality), in the Technology 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, Serial System Ltd generated revenue of 860M SGD at a net margin of 0.3%. Revenue grew 13.0% year over year. It earns a return on equity of 2.0%. Net debt stands at 148M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 860M SGD
Revenue growth (YoY) +13.0%
Net margin 0.3%
Return on equity 2.0%
Free cash flow −2.2M SGD FY2025
Operating margin 0.9%
More key figures
Dividend yield 1.3%
EPS growth (YoY) -74.6%
Net debt 148M SGD FY2025

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

About the company

Serial System Ltd, an investment holding company, engages in the distribution of electronic and electrical components, and consumer products. It operates through three segments: Electronic Components Distribution, Consumer Products Distribution, and Other Businesses. The company offers computers and peripherals, printers and accessories, laptops/notebooks, processors, motherboards, SSDs, DRAM, VGA and graphic cards, and printer ink and toner cartridges. It is involved in the trading and rental of investment properties; assembly and distribution of medical devices and ethylene oxide sterilization; trading and distribution of consumer and information technology (IT); and distribution and marketing of IT, computer peripherals, parts, software, and related products. In addition, the company offers hospitality and healthcare, and constructs communications and power lines. Further, it provides management, marketing, and administrative services; and managed print services, as well as …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Serial System Ltd reported revenue of 860M SGD in FY2025 versus 896M SGD in FY2021, a compound −1.0%/yr. Reported net income was 2.3M SGD in FY2025, compounding −32.6%/yr from FY2021.

Revenue −1.0%/yr
FY21 896M SGD
FY22 907M SGD
FY23 759M SGD
FY24 789M SGD
FY25 860M SGD
Net income −32.6%/yr
FY21 11.1M SGD
FY22 −4.6M SGD
FY23 −14.8M SGD
FY24 516K SGD
FY25 2.3M SGD

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Frequently asked questions

Is Serial System Ltd (S69) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.0489 SGD versus a price of 0.0730 SGD — about −33% (overvalued). Model-based estimate, not financial advice.
What is the fair value of S69?
Our model-based fair value for Serial System Ltd is 0.0489 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.0730 SGD.
What is the quality score of S69?
Serial System Ltd has a Quality Score of 56/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Serial System Ltd (S69)?
Serial System Ltd reported trailing-twelve-month revenue of about 860M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of S69?
The net profit margin of Serial System Ltd is about 0.3%, meaning it keeps roughly 0.3% of revenue as net income. Based on the latest reported figures.
Does Serial System Ltd pay a dividend?
Serial System Ltd currently shows a dividend yield of about 1.33% 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.