TAT SENG PACKAGING GROUP LTD (T12) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of TAT SENG PACKAGING GROUP LTD S$1.76, price S$0.97, upside +82.4%, quality 63 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? Yes
- Good quality? Yes
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TAT SENG PACKAGING GROUP LTD
T12 · SGClearly undervaluedStrong Fair Value upside, but quality is only moderate.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Oct 2, 2026.
How to read this chart
60‑month range 0.3732 SGD – 1.25 SGD · fair‑value band 1.37 SGD – 2.07 SGD · the 0.9650 SGD price screens below the 1.76 SGD fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Oct 2, 2026.
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Company profile
Tat Seng Packaging Group Ltd, together with its subsidiaries, designs, manufactures, and sells corrugated paper products and other packaging products in Singapore and the People's Republic of China.
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Tat Seng Packaging Group Ltd, together with its subsidiaries, designs, manufactures, and sells corrugated paper products and other packaging products in Singapore and the People's Republic of China. The company offers regular slotted carton boxes, die-cut carton boxes, offset-printed boxes, corrugated partition pads/layer pads, corrugated boards, and heavy duty corrugated products. It also provides other packaging-related or customized products, such as tapes, stretch films, foams, and edge board protectors; and paper pallets for storage and transport requirements. In addition, the company serves multi-national corporations and local manufacturers in the food and beverage, electronics and electrical, pharmaceutical and chemical, plastic and metal stamping, and other exporting related industries. The company was formerly known as Tat Seng Paper Containers Pte Ltd. and changed its name to Tat Seng Packaging Group Ltd in 2001. Tat Seng Packaging Group Ltd was founded in 1968 and is based in Singapore. The company operates as a subsidiary of PSC Corporation Ltd.
Stock analysis
TAT SENG PACKAGING GROUP LTD (T12) currently trades at 0.9650 SGD, while our model-based Fair Value estimate is 1.76 SGD, implying the stock looks roughly 45.2% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of 1.89 SGD per share, and 20 of the 22 models we run sit above the 0.9650 SGD price.
Bear case: the Earnings-Based group reads lowest at 0.8900 SGD, and 2 of the 22 models stay below the price. Evidence for this calculation is low.
Scenario range: 1.37 SGD (bear) to 2.07 SGD (bull), the price of 0.9650 SGD sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 63/100 (solid quality), in the Consumer Cyclical sector.
Weak Growth: Revenue is shrinking: the last year, the last three and the last five years are all negative.
TAT SENG PACKAGING GROUP LTD reported revenue of 231M SGD in FY2025 versus 368M SGD in FY2021, a compound −10.9%/yr. Reported net income was 16.9M SGD in FY2025, compounding −7.7%/yr from FY2021.
Key figures
Market cap 152M SGD (≈ $119M) · P/E ratio 9.7 · P/S ratio 0.70 · EPS (TTM) 0.1000 SGD · Dividend yield 6.2% · Net margin 7.3% · Return on equity 8.8% · Return on assets (EBIT) 7.3%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 23% below its 52-week high and 52% above its 52-week low, currently above its 200-day average.
For context, the median of 10 Consumer Cyclical peers we cover trades at −16% fair-value upside, at 82%, T12 screens cheaper than that median.
Fair Value models
All 22 models by family
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Set up alert →Quality Score breakdown
Of which business quality 63 · Market factors (momentum, volatility) 65
Revenue & earnings trend
Growth Forecast
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Compare TAT SENG PACKAGING GROUP LTD with another stock
Price, fair value, quality and upside side by side.
Peer Groupⓘ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.Packaging & Containers · 254 stocks
Valuation Multiplesvs Packaging & Containers median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Materials sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Valuation of the Singapore market
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more Packaging & Containers stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Smurfit Westrock Plc, SW | $46.41 | $29.85 | −36% |
| Packaging Corporation PKG | $234.52 | $130.10 | −45% |
| International Paper Company IP | $32.52 | $21.53 | −34% |
| Ball Corporation BALL | $56.83 | $47.81 | −16% |
| Avery Dennison Corporation AVY | $170.78 | $125.35 | −27% |
| Crown Holdings CCK | $108.06 | $121.85 | +13% |
| Stora Enso Oyj STEAV | €10.45 | €9.66 | −8% |
| SIG Group SIGN | CHF 13.37 | CHF 9.59 | −28% |
| ShenZhen YUTO Packaging Technology Co 002831 | ¥29.00 | ¥31.90 | +10% |
| Sonoco Products Company SON | $48.74 | $61.98 | +27% |
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Key figures of TAT SENG PACKAGING GROUP LTD
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