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Amcorp Global Limited (S9B) Fair Value & Analysis

Real Estate · SG · Market cap 46.6M SGD

AG Amcorp Global Limited S9B · SG
Price0.1040 SGD
Fair Value0.2600 SGD
Upside+150.0%
Quality64/100
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Evidence: Medium Range 0.2340 SGD – 0.2600 SGD

Fair value as of: Jul 4, 2026

From 8 valuation models · updated yesterday

Share price +5.1% over the past month.

Price vs Fair Value (12 months)

0.1280 SGD 0.0950 SGD Fair Value 0.2600 SGD Jul 2025 Jul 2026

12‑month range 0.0950 SGD – 0.1280 SGD · fair‑value band 0.2340 SGD – 0.2600 SGD · the 0.1040 SGD price screens below the 0.2600 SGD fair value. As of Jul 4, 2026.

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Analysis

Amcorp Global Limited (S9B) currently trades at 0.1040 SGD, while our model-based Fair Value estimate is 0.2600 SGD — implying the stock looks roughly 150.0% undervalued today. We read business quality at 64/100 (solid quality), in the Real Estate 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, Amcorp Global Limited generated revenue of 6.4M SGD at a net margin of -15.9%. Revenue grew 18.5% year over year. It earns a return on equity of -1.7%. Net debt stands at 47.4M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 6.4M SGD
Revenue growth (YoY) +18.5%
Net margin -15.9%
Return on equity -1.7%
Free cash flow 21.3M SGD FY2026
Operating margin 1.9%
More key figures
Net debt 47.4M SGD FY2024

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

About the company

Amcorp Global Limited, an investment holding company, operates as a real estate developer in Singapore, Malaysia, and Vietnam. It undertakes residential, commercial, and industrial property development projects, as well as invests in real estate properties. The company was formerly known as TEE Land Limited and changed its name to Amcorp Global Limited in April 2020. The company was incorporated in 2012 and is based in Singapore. Amcorp Global Limited is a subsidiary of Amcorp Supreme Pte. Ltd.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Amcorp Global Limited reported revenue of 6.4M SGD in FY2026 versus 42.2M SGD in FY2022, a compound −37.5%/yr. Reported net income was −1.0M SGD in FY2026.

Revenue −37.5%/yr
FY22 42.2M SGD
FY23 84.5M SGD
FY24 81.8M SGD
FY25 5.6M SGD
FY26 6.4M SGD
Net income
FY22 −9.4M SGD
FY23 654K SGD
FY24 −15.2M SGD
FY25 2.2M SGD
FY26 −1.0M SGD

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Similar stocks

6 more Real Estate - Development stocks, each showing price versus our Fair Value estimate (as of Jul 4, 2026).

Stock Price Fair Value vs Fair Value
Vinhomes Joint Stock Company VHM 155,400 VND 148,549 VND -4%
DLF Limited DLF ₹577.70 ₹263.02 -54%
PT Pantai Indah Kapuk Dua Tbk, PANI 6,150 IDR 1,330 IDR -78%
Lodha Developers Limited LODHA ₹926.65 ₹774.29 -16%
Oberoi Realty Limited OBEROIRLTY ₹1,592 ₹1,400 -12%
Godrej Properties Limited GODREJPROP ₹1,851 ₹1,044 -44%

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Frequently asked questions

Is Amcorp Global Limited (S9B) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.2600 SGD versus a price of 0.1040 SGD — about +150% (undervalued). Model-based estimate, not financial advice.
What is the fair value of S9B?
Our model-based fair value for Amcorp Global Limited is 0.2600 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.1040 SGD.
What is the quality score of S9B?
Amcorp Global Limited has a Quality Score of 64/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Amcorp Global Limited (S9B)?
Amcorp Global Limited reported trailing-twelve-month revenue of about 6.4M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of S9B?
The net profit margin of Amcorp Global Limited is about -15.9%, 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.