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Asian Pay Television Trust (S7OU) Fair Value & Analysis

Communication Services · SG · Market cap 155M SGD

AP Asian Pay Television Trust S7OU · SG
Price0.0820 SGD
Fair Value0.1718 SGD
Upside+109.5%
Quality55/100
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Weak Growth
Thin margins · 6.9% net margin
Moderate debt · generates free cash flow
12.94% dividend yield
Ranks above peers (12/14)
Moderate moat 50/100
Evidence: High Range 0.1054 SGD – 0.1801 SGD Share as image

Fair value as of: Aug 13, 2026

From 14 valuation models · updated 5 days ago

Share price −4.7% over the past month.

A solid business, screening 110% undervalued on our models.

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What matters now

  • The price is below even our cautious bear case (0.1054 SGD). The market is more pessimistic than our downside scenario.
  • Solid quality (55/100) at a price below fair value, the discount is the argument here, not the business quality.
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Price vs Fair Value (5 years)

0.1028 SGD 0.0593 SGD Fair Value 0.1718 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 0.0593 SGD – 0.1028 SGD · fair‑value band 0.1054 SGD – 0.1801 SGD · the 0.0820 SGD price screens below the 0.1718 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

Asian Pay Television Trust (S7OU) currently trades at 0.0820 SGD, while our model-based Fair Value estimate is 0.1718 SGD, implying the stock looks roughly 109.5% undervalued today. The Quality Score stands at 55/100 (solid quality), in the Communication Services 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, Asian Pay Television Trust generated revenue of 243M SGD at a net margin of 6.9%. Revenue declined 4.2% year over year. It earns a return on equity of 2.5%. Net debt stands at 1.0B SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 0.1054 SGD (bear case) to 0.1801 SGD (bull case); at 0.0820 SGD, the current price sits below 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 21% below its 52-week high and 6% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at -43% fair-value upside, at 110%, S7OU 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
Residual Income 0.2500 SGD 0.2300 SGD 0.1600 SGD 76
Rev-Margin DCF 0.0200 SGD 74
Growth-Adj P/E 0.1000 SGD 0.1400 SGD 0.1900 SGD 68
All 14 models by family
DCF Models
FCF DCF 0.0200 SGD 38
5Y Revenue Exit 0.0200 SGD 39
5Y EBITDA Exit 0.1500 SGD 0.4500 SGD 41
10Y EBITDA Exit 0.1300 SGD 37
Earnings-Based
Graham-Dodd 0.0600 SGD 0.0700 SGD 0.0800 SGD 54
Multiples
P/E Multiple 0.1400 SGD 0.1900 SGD 0.2400 SGD 63
P/S Multiple 0.1100 SGD 0.1500 SGD 0.1800 SGD 58
P/B Multiple 0.1100 SGD 0.1500 SGD 0.1800 SGD 55
EV/EBIT 0.0600 SGD 0.2600 SGD 0.4600 SGD 53
EV/EBITDA 0.1200 SGD 0.3500 SGD 0.5700 SGD 54
Asset-Based
NCAV (Graham) 0.2000 SGD 0.2700 SGD 0.4000 SGD 50
Growth DCF
Rev-Margin DCF 0.0200 SGD 74
Economic Profit
Residual Income 0.2500 SGD 0.2300 SGD 0.1600 SGD 76
Growth Earnings
Growth-Adj P/E 0.1000 SGD 0.1400 SGD 0.1900 SGD 68

Widest divergence: Asset-Based (0.2700 SGD) versus Earnings-Based (0.0700 SGD). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) 243M SGD
Revenue growth (YoY) -4.2%
Net margin 6.9%
Return on equity 2.5%
Free cash flow 84.6M SGD FY2025
P/E ratio 8.2
More key figures
Operating margin 37.4%
EPS (TTM) 0.0100 SGD
Dividend yield 12.9%
EPS growth (YoY) +15.0%
Net debt 1.0B SGD FY2025

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

Quality Score breakdown

Overall quality 55/100

Of which business quality 52 · Market factors (momentum, volatility) 45

Profitability 19
Margins and returns on capital today
Quality Growth 44
Are margins and returns improving?
Cashflow 90
Earnings quality: real cash, not paper profit
Fin. Strength 19
Balance sheet, leverage, solvency risk
Investment 79
Disciplined investing over empire-building
Low Volatility 92
Calm price path (market factor)
Momentum 29
Price trend over the last 3–12 months (market factor)
52W Momentum 19
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

Asian Pay Television Trust operates as a business trust focused on acquiring, owning, operating, and maintaining mature, cash-generative pay-TV and broadband businesses in Taiwan, Hong Kong, Japan, and Singapore.

Full company description

Asian Pay Television Trust operates as a business trust focused on acquiring, owning, operating, and maintaining mature, cash-generative pay-TV and broadband businesses in Taiwan, Hong Kong, Japan, and Singapore. The company offers basic cable TV and premium digital TV services; and high-speed broadband, as well as sells electronic programme guide data to other system operators. Asian Pay Television Trust was founded in 1999 and is based in Singapore.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Asian Pay Television Trust reported revenue of 246M SGD in FY2025 versus 300M SGD in FY2021, a compound −4.8%/yr. Reported net income was 15.7M SGD in FY2025, compounding −5.8%/yr from FY2021.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
246M SGD
Latest YoY
−2.5%
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.
−4.9%
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.
−4.4%
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.
−1.0%
Revenue −4.8%/yr
FY21 300M SGD
FY22 286M SGD
FY23 266M SGD
FY24 252M SGD
FY25 246M SGD
Net income −5.8%/yr
FY21 19.9M SGD
FY22 45.3M SGD
FY23 −407M SGD
FY24 47.8M SGD
FY25 15.7M SGD

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Cite: Fair Value Calculator (2026). "Asian Pay Television Trust Fair Value". https://www.fairvalue-calculator.com/stock/S7OU

Peer Group

Entertainment · 266 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 55 · Above median
Fair Value upside +107% · Top 25%
Return on equity (TTM) 3% · Above median
Return on assets 3% · Above median
Net margin (TTM) 7% · Above median
Operating margin (TTM) 37% · Top 25%
Revenue growth -4% · Below median
Dividend yield (TTM) 12.9% · Top 25%
Debt / equity 1.46× · Higher than 75% of peers

Valuation Multiples vs Entertainment median · lower = cheaper

P/E (TTM) 8.2× · Cheaper than 75% of peers
P/B 0.17× · Cheaper than 75% of peers
P/S (TTM) 0.50× · Cheaper than median
P/FCF 1.4× · Cheaper than median
EV/EBITDA 8.5× · 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 100 · sector 7
FUTURE 0 · sector 10
PAST 10 · sector 0
HEALTH 27 · sector 97
DIVIDEND 100 · sector 44

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

Stock Price Fair Value vs Fair Value
Netflix, Inc ZNFL C$6.08 C$2.66 -56%
The Walt Disney Company DIS $103.18 $80.62 -22%
Warner Bros. Discovery, Inc WBD $27.65 $9.03 -67%
Live Nation Entertainment, Inc LYV $185.33 $59.97 -68%
Empresas Cablevisión, S.A. CABLECPO 55.00 MXN 59.14 MXN +8%
PT MNC Digital Entertainment Tbk, MSIN 370.00 IDR 212.14 IDR -43%
Prime Focus Limited PFOCUS ₹268.00 ₹63.45 -76%
JYP Entertainment Corporation 035900 46,000 KRW 82,382 KRW +79%
SM Entertainment Co 041510 75,500 KRW 208,415 KRW +176%
PVR INOX Limited PVRINOX ₹1,176 ₹467.91 -60%

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Frequently asked questions

Is Asian Pay Television Trust (S7OU) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 0.1718 SGD versus a price of 0.0820 SGD, about +110% (undervalued).
What is the fair value of S7OU?
Our model-based fair value for Asian Pay Television Trust is 0.1718 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 0.0820 SGD.
What is the quality score of S7OU?
Asian Pay Television Trust has a Quality Score of 55/100. 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 Asian Pay Television Trust (S7OU)?
Asian Pay Television Trust reported trailing-twelve-month revenue of about 243M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of S7OU?
The net profit margin of Asian Pay Television Trust is about 6.9%, meaning it keeps roughly 6.9% of revenue as net income. Based on the latest reported figures.
Does Asian Pay Television Trust pay a dividend?
Asian Pay Television Trust currently shows a dividend yield of about 12.94% 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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