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TSH (TSH) Fair Value & Analysis

Consumer Defensive · SG · Market cap 459M SGD

T TSH TSH · SG
Price0.3750 SGD
Fair Value0.8500 SGD
Upside+126.7%
Quality72/100
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Evidence: Medium Range 0.6500 SGD – 1.17 SGD

Fair value as of: Jul 4, 2026

From 24 valuation models · updated today

Share price −1.3% over the past month.

Price vs Fair Value (12 months)

0.4300 SGD 0.3274 SGD Fair Value 0.8500 SGD Jul 2025 Jul 2026

12‑month range 0.3274 SGD – 0.4300 SGD · fair‑value band 0.6500 SGD – 1.17 SGD · the 0.3750 SGD price screens below the 0.8500 SGD fair value. As of Jul 4, 2026.

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Analysis

TSH (TSH) currently trades at 0.3750 SGD, while our model-based Fair Value estimate is 0.8500 SGD — implying the stock looks roughly 126.7% undervalued today. We read business quality at 72/100 (solid quality), in the Consumer Defensive 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, TSH generated revenue of 990M SGD at a net margin of 15.8%. Revenue declined 25.5% year over year. It earns a return on equity of 8.9%. The stock trades on a trailing P/E of 9.3. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 990M SGD
Revenue growth (YoY) -25.5%
Net margin 15.8%
Return on equity 8.9%
Free cash flow 241M SGD FY2025
P/E ratio 9.3
More key figures
Operating margin 25.1%
EPS (TTM) 0.0400 SGD
Dividend yield 13.7%
EPS growth (YoY) -52.6%
Net debt 17.0K SGD FY2024

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

About the company

TSH Resources Berhad, an investment holding company, primarily engages in oil palm cultivation and processing, and forest plantation activities in Malaysia, Indonesia, Southwest Pacific, the United States, and internationally. It operates through Palm Products and Others segments. The Palm Products segment operates oil palm plantations; and manufactures and sells crude palm oil and palm kernel. The Others segment is involved in manufacturing and sale of downstream wood products; operating forest management unit; manufacturing, sale, and trading of cocoa products; and generation and supply of electricity from biomass plants. It undertakes Islamic securities transactions; trades goods; operates biogas power plant and palm oil mill; produces and supplies tree plantlets and plantables grown through tissue culture process; supplies and installs timber flooring; sub-licenses strip lock systems; and provides management services. TSH Resources Berhad was incorporated in 1979 and is based …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

TSH reported revenue of 1.1B SGD in FY2025 versus 1.2B SGD in FY2021, a compound −2.8%/yr. Reported net income was 183M SGD in FY2025, compounding +1.9%/yr from FY2021.

Revenue −2.8%/yr
FY21 1.2B SGD
FY22 1.3B SGD
FY23 1.1B SGD
FY24 1.0B SGD
FY25 1.1B SGD
Net income +1.9%/yr
FY21 169M SGD
FY22 456M SGD
FY23 95.1M SGD
FY24 136M SGD
FY25 183M SGD

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Frequently asked questions

Is TSH (TSH) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 0.8500 SGD versus a price of 0.3750 SGD — about +127% (undervalued). Model-based estimate, not financial advice.
What is the fair value of TSH?
Our model-based fair value for TSH is 0.8500 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 0.3750 SGD.
What is the quality score of TSH?
TSH has a Quality Score of 72/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of TSH (TSH)?
TSH reported trailing-twelve-month revenue of about 990M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of TSH?
The net profit margin of TSH is about 15.8%, meaning it keeps roughly 15.8% of revenue as net income. Based on the latest reported figures.
Does TSH pay a dividend?
TSH currently shows a dividend yield of about 13.70% 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.