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Frasers Property Limited (TQ5) Fair Value & Analysis

Real Estate · SG · Market cap 4.2B SGD

FP Frasers Property Limited TQ5 · SG
Price1.05 SGD
Fair Value1.05 SGD
Upside+0.0%
Quality62/100
Weak Growth
Thin margins · 5.7% net margin
High debt · generates free cash flow
4.21% dividend yield
Trails peers (5/14)
Moderate moat 49/100
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Evidence: Medium Range 0.7900 SGD – 1.44 SGD Share as image

Fair value as of: Jul 4, 2026

From 22 valuation models · updated 27 days ago

Share price −1.9% over the past month.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • A fairly wide model range (0.7900 SGD to 1.44 SGD) leaves room in how you read the outcome.
  • As a real-estate business, asset- and dividend-based methods carry more weight here than a standard DCF.

Price vs Fair Value (12 months)

1.19 SGD 0.9096 SGD Fair Value 1.05 SGD Aug 2025 Jul 2026

12‑month range 0.9096 SGD – 1.19 SGD · fair‑value band 0.7900 SGD – 1.44 SGD · the 1.05 SGD price screens below the 1.05 SGD fair value. As of Jul 4, 2026.

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Analysis

Frasers Property Limited (TQ5) currently trades at 1.05 SGD, while our model-based Fair Value estimate is 1.05 SGD, implying the stock looks roughly 0.0% fairly valued today. We read business quality at 62/100 (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, Frasers Property Limited generated revenue of 3.3B SGD at a net margin of 5.7%. Revenue declined 5.2% year over year. It earns a return on equity of 3.3%. Net debt stands at 15.3B SGD. Fundamentals as of Jul 4, 2026

Our scenario range runs from 0.7900 SGD (bear case) to 1.44 SGD (bull case); at 1.05 SGD, the current price sits within that range. The share trades about 13% below its 52-week high and 25% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at 9% fair-value upside, at 0%, TQ5 screens richer than that median.

Key figures & financial health

Revenue (TTM) 3.3B SGD
Revenue growth (YoY) -5.2%
Net margin 5.7%
Return on equity 3.3%
Free cash flow 982M SGD FY2025
P/E ratio 26.8
More key figures
Operating margin 32.1%
EPS (TTM) 0.0400 SGD
Dividend yield 4.2%
EPS growth (YoY) -42.6%
Net debt 15.3B SGD FY2025

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

Quality Score breakdown

Overall quality 62/100
Profitability 18
Quality Growth 56
Cashflow 100
Fin. Strength 17
Investment 100
Low Volatility 92
Momentum 41
52W Momentum 55
Net Issuance 82

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

Frasers Property Limited, an investment holding company, develops, invests in, and manages a portfolio of real estate assets in Singapore. It also does this in Australia, Europe, China, Thailand, and internationally.

Full company description

Frasers Property Limited, an investment holding company, develops, invests in, and manages a portfolio of real estate assets in Singapore. It also does this in Australia, Europe, China, Thailand, and internationally. Its asset portfolio includes commercial and business parks, hospitality, industrial and logistics, and residential and retail properties; and owns and/or operates serviced apartments and hotels. The company acts as a sponsor of two real estate investment trusts (REITs) listed on the SGX-ST that comprises Frasers Centrepoint Trust, and Frasers Logistics & Commercial Trust focused on retail, commercial, and industrial properties; one stapled trust listed on the SGX-ST, such as Frasers Hospitality Trust focused on hospitality properties; and two REITs listed on the Stock Exchange of Thailand comprising Frasers Property (Thailand) Public Company Limited, a sponsor of Frasers Property Thailand Industrial Freehold & Leasehold REIT that focuses on industrial and logistics properties in Thailand, as well as Golden Ventures Leasehold Real Estate Investment Trust, which focuses on commercial properties. Frasers Property Limited was formerly known as Frasers Centrepoint Limited and changed its name to Frasers Property Limited in February 2018. Frasers Property Limited was incorporated in 1963 and is based in Singapore. Frasers Property Limited operates as a subsidiary of TCC Assets Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Frasers Property Limited reported revenue of 3.4B SGD in FY2025 versus 3.8B SGD in FY2021, a compound −2.5%/yr. Reported net income was 243M SGD in FY2025, compounding −26.5%/yr from FY2021.

Revenue −2.5%/yr
FY21 3.8B SGD
FY22 3.9B SGD
FY23 3.9B SGD
FY24 4.2B SGD
FY25 3.4B SGD
Net income −26.5%/yr
FY21 833M SGD
FY22 928M SGD
FY23 173M SGD
FY24 206M SGD
FY25 243M SGD

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Cite: Fair Value Calculator (2026). "Frasers Property Limited Fair Value". https://www.fairvalue-calculator.com/stock/TQ5

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 33 / 42
FUTURE 0 / 29
PAST 13 / 15
HEALTH 24 / 75
DIVIDEND 84 / 42

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 - 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 $23.69 $13.49 -43%
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%
Central Pattana Public Company CPN 64.25 THB 84.32 THB +31%
SM Prime Holdings SPHXF $0.2801 $0.4700 +68%
Prestige Estates Projects Limited PRESTIGE ₹1,381 ₹972.98 -30%
The Phoenix Mills Limited PHOENIXLTD ₹1,905 ₹701.78 -63%
Fastighets AB BALDF $5.42 $7.00 +29%
NEPI Rockcastle N.V NRP €7.99 €14.07 +76%

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Frequently asked questions

Is Frasers Property Limited (TQ5) overvalued or undervalued?
As of Jul 4, 2026, our model estimates a fair value of 1.05 SGD versus a price of 1.05 SGD, about +0% (fairly valued).
What is the fair value of TQ5?
Our model-based fair value for Frasers Property Limited is 1.05 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 1.05 SGD.
What is the quality score of TQ5?
Frasers Property Limited has a Quality Score of 62/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Frasers Property Limited (TQ5)?
Frasers Property Limited reported trailing-twelve-month revenue of about 3.3B SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of TQ5?
The net profit margin of Frasers Property Limited is about 5.7%, meaning it keeps roughly 5.7% of revenue as net income. Based on the latest reported figures.
Does Frasers Property Limited pay a dividend?
Frasers Property Limited currently shows a dividend yield of about 4.21% 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.

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