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SHNG Fair Value & Analysis

Real Estate · PH · Market cap 13.1B PHP

S SHNG SHNG · PSE
Price3.19 PHP
Fair Value7.98 PHP
Upside+150.2%
Quality49/100
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Weak Growth
Thin margins · 0.0% net margin
Low debt
Ranks above peers (8/9)
Moderate moat 49/100
Evidence: High Range 5.85 PHP – 10.10 PHP Share as image

Fair value as of: Jul 10, 2026

From 9 valuation models · updated 31 days ago

Fair value updated Jul 10, 2026, revised from 7.90 PHP to 7.98 PHP (+1.0%) since Jun 26, 2026. Share price +0.9% over the past month.

Below-average quality, screening 150% undervalued on our models.

What matters now

  • The price is below even our cautious bear case (5.85 PHP). The market is more pessimistic than our downside scenario.
  • Solid quality (49/100) at a price below fair value, the discount is the argument here, not the business quality.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.
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Price vs Fair Value (5 years)

4.15 PHP 1.70 PHP Fair Value 7.98 PHP Oct 2020 Jul 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Jul 10, 2026.

How to read this chart

60‑month range 1.70 PHP – 4.15 PHP · fair‑value band 5.85 PHP – 10.10 PHP · the 3.19 PHP price screens below the 7.98 PHP fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Jul 10, 2026.

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Analysis

SHNG (SHNG) currently trades at 3.19 PHP, while our model-based Fair Value estimate is 7.98 PHP, implying the stock looks roughly 150.2% undervalued today. The Quality Score stands at 49/100 (below-average 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: high), always confirm before acting.

The stock trades on a trailing P/E of 4.1. Fundamentals as of Jul 10, 2026

Our scenario range runs from 5.85 PHP (bear case) to 10.10 PHP (bull case); at 3.19 PHP, 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 25% below its 52-week high and 5% above its 52-week low. For context, the median of 10 Real Estate peers we cover trades at 62% fair-value upside, at 150%, SHNG 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 15.27 PHP 21.08 PHP 93.01 PHP 76
Gordon GGM 2.07 PHP 4.30 PHP 6.83 PHP 70
DDM Multi-Stage 2.07 PHP 3.63 PHP 4.52 PHP 61
All 9 models by family
Dividend Discount
Gordon GGM 2.07 PHP 4.30 PHP 6.83 PHP 70
DDM Multi-Stage 2.07 PHP 3.63 PHP 4.52 PHP 61
Multiples
P/S Multiple 14.08 PHP 18.77 PHP 23.47 PHP 58
P/B Multiple 18.78 PHP 25.04 PHP 31.30 PHP 55
EV/EBIT 18.85 PHP 25.60 PHP 32.35 PHP 53
EV/EBITDA 15.48 PHP 21.11 PHP 26.74 PHP 54
EV/Revenue 9.77 PHP 14.56 PHP 19.34 PHP 43
Asset-Based
NCAV (Graham) 6.26 PHP 8.39 PHP 12.52 PHP 50
Economic Profit
Residual Income 15.27 PHP 21.08 PHP 93.01 PHP 76

Widest divergence: Multiples (21.11 PHP) versus Dividend Discount (3.63 PHP). Highest evidence: Residual Income (76).

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Quality Score breakdown

Overall quality 49/100

Of which business quality 46 · Market factors (momentum, volatility) 38

Profitability 50
Margins and returns on capital today
Quality Growth 62
Are margins and returns improving?
Cashflow 2
Earnings quality: real cash, not paper profit
Fin. Strength 47
Balance sheet, leverage, solvency risk
Investment 60
Disciplined investing over empire-building
Low Volatility 78
Calm price path (market factor)
Momentum 27
Price trend over the last 3–12 months (market factor)
52W Momentum 13
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.

Revenue & earnings trend

FY2020 – FY2024 · reported fiscal years

SHNG reported revenue of 11.8B PHP in FY2024 versus 6.2B PHP in FY2020, a compound +17.4%/yr. Reported net income was 9.4B PHP in FY2024, compounding +58.8%/yr from FY2020.

Growth Quality 19/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2024)
11.8B PHP
Latest YoY
+20.4%
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.
+37.2%
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.
+0.8%
Avg. growth/yr (10Y) 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.
+6.2%
Revenue +17.4%/yr
FY20 6.2B PHP
FY21 4.6B PHP
FY22 7.9B PHP
FY23 9.8B PHP
FY24 11.8B PHP
Net income +58.8%/yr
FY20 1.5B PHP
FY21 2.1B PHP
FY22 3.6B PHP
FY23 5.5B PHP
FY24 9.4B PHP

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Cite: Fair Value Calculator (2026). "SHNG Fair Value". https://www.fairvalue-calculator.com/stock/SHNG

Peer Group

Real Estate Operations · 38 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 50 · Below median
Fair Value upside +150% · Top 25%
Return on assets 0% · Top 25%
Net margin (TTM) 0% · Top 25%
Operating margin (TTM) 0% · Top 25%
Revenue growth 0% · Top 25%
Debt / equity 0.14× · Lower than median

Valuation Multiples vs Real Estate Operations median · lower = cheaper

P/E (TTM) 4.1× · Cheaper than 75% of peers

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 100
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 93 · sector 89
DIVIDEND 0 · sector 0

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 Real Estate Operations stocks, each showing price versus our Fair Value estimate (as of Jul 10, 2026).

Stock Price Fair Value vs Fair Value
SMPH SMPH 18.24 PHP 17.53 PHP -4%
ALI ALI 16.00 PHP 19.27 PHP +20%
RLC RLC 16.34 PHP 40.85 PHP +150%
DDPR DDPR 93.00 PHP 112.27 PHP +21%
ALLHC ALLHC 1.16 PHP 0.7200 PHP -38%
DMW DMW 5.00 PHP 5.83 PHP +17%
FLI FLI 0.7000 PHP 1.75 PHP +150%
SLI SLI 2.08 PHP 5.20 PHP +150%
PT Rimo International Lestari Tbk RIMO 50.00 IDR 80.85 IDR +62%
BEL BEL 1.21 PHP 3.03 PHP +150%

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Frequently asked questions

Is SHNG overvalued or undervalued?
As of Jul 10, 2026, our model estimates a fair value of 7.98 PHP versus a price of 3.19 PHP, about +150% (undervalued).
What is the fair value of SHNG?
Our model-based fair value for SHNG is 7.98 PHP (as of Jul 10, 2026), built from audited fundamentals. The current price is 3.19 PHP.
What is the quality score of SHNG?
SHNG has a Quality Score of 49/100. 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 net profit margin of SHNG?
The net profit margin of SHNG is about 0.0%, meaning it keeps roughly 0.0% 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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