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Tuan Sing Holdings (T24) Fair Value & Analysis

Real Estate · SG · Market cap 387M SGD

TS Tuan Sing Holdings T24 · SG
Price0.3100 SGD
Fair Value0.4400 SGD
Upside+41.9%
Quality58/100
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Evidence: High Range 0.3300 SGD – 0.5500 SGD

Fair value as of: Jul 4, 2026

From 24 valuation models · updated today

Share price −4.6% over the past month.

Price vs Fair Value (12 months)

0.3625 SGD 0.2645 SGD Fair Value 0.4400 SGD Jul 2025 Jul 2026

12‑month range 0.2645 SGD – 0.3625 SGD · fair‑value band 0.3300 SGD – 0.5500 SGD · the 0.3100 SGD price screens below the 0.4400 SGD fair value. As of Jul 4, 2026.

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Analysis

Tuan Sing Holdings (T24) currently trades at 0.3100 SGD, while our model-based Fair Value estimate is 0.4400 SGD — implying the stock looks roughly 41.9% undervalued today. We read business quality at 58/100 (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: high) — always confirm before acting.

Over the trailing twelve months, Tuan Sing Holdings generated revenue of 146M SGD at a net margin of 22.0%. Revenue declined 12.0% year over year. It earns a return on equity of 2.6%. Net debt stands at 1.2B SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 146M SGD
Revenue growth (YoY) -12.0%
Net margin 22.0%
Return on equity 2.6%
Free cash flow 50.2M SGD FY2025
P/E ratio 10.3
More key figures
Operating margin 12.6%
EPS (TTM) 0.0300 SGD
Dividend yield 2.3%
EPS growth (YoY) +95.8%
Net debt 1.2B SGD FY2025

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

About the company

Tuan Sing Holdings Limited, an investment holding company, engages in the real estate investment and development, hospitality, and other businesses in Singapore, Australia, China, Malaysia, and Indonesia. The company develops and invests in residential, commercial, and industrial properties, as well as provides construction management and management consultancy services. It also owns and operates hotels managed by Hyatt International under the Grand Hyatt Melbourne and Residence on Langley Park names in Melbourne, Australia; and operates serviced apartments. In addition, the company provides maritime port services; manufactures and markets polypropylene woven bags; and manufactures and sells printed circuit boards, as well as distributes golf-related lifestyle products; and engages in the treasury and trustee activities. The company was formerly known as Hytex Limited and changed its name to Tuan Sing Holdings Limited in 1983. Tuan Sing Holdings Limited was incorporated in 1969 and …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Tuan Sing Holdings reported revenue of 146M SGD in FY2025 versus 245M SGD in FY2021, a compound −12.2%/yr. Reported net income was 32.1M SGD in FY2025, compounding −21.3%/yr from FY2021.

Revenue −12.2%/yr
FY21 245M SGD
FY22 225M SGD
FY23 304M SGD
FY24 193M SGD
FY25 146M SGD
Net income −21.3%/yr
FY21 83.7M SGD
FY22 4.6M SGD
FY23 4.8M SGD
FY24 2.3M SGD
FY25 32.1M SGD

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Similar stocks

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

Stock Price Fair Value vs Fair Value
Mitsubishi Estate Co MITEY $24.70 $13.49 -45%
Mitsui Fudosan Co MTSFF $9.40 $10.25 +9%
Henderson Land Development Company HLDVF $3.70 $2.19 -41%
Swiss Prime Site AG SPSN CHF 130.90 CHF 71.28 -46%
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Frequently asked questions

Is Tuan Sing Holdings (T24) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.4400 SGD versus a price of 0.3100 SGD — about +42% (undervalued). Model-based estimate, not financial advice.
What is the fair value of T24?
Our model-based fair value for Tuan Sing Holdings is 0.4400 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.3100 SGD.
What is the quality score of T24?
Tuan Sing Holdings has a Quality Score of 58/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Tuan Sing Holdings (T24)?
Tuan Sing Holdings reported trailing-twelve-month revenue of about 146M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of T24?
The net profit margin of Tuan Sing Holdings is about 22.0%, meaning it keeps roughly 22.0% of revenue as net income. Based on the latest reported figures.
Does Tuan Sing Holdings pay a dividend?
Tuan Sing Holdings currently shows a dividend yield of about 2.26% 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.