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SINGAPORE LAND GROUP LTD (U06) Fair Value & Analysis

Real Estate · SG · Market cap 4.6B SGD

SL SINGAPORE LAND GROUP LTD U06 · SG
Price3.32 SGD
Fair Value3.23 SGD
Upside-2.7%
Quality74/100
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Healthy Growth
Highly profitable · 33.4% net margin
Low debt · generates free cash flow
1.41% dividend yield
Mixed vs. peers (8/15)
Moderate moat 64/100
Evidence: Medium Range 2.42 SGD – 4.04 SGD Share as image

Fair value as of: Aug 13, 2026

From 16 valuation models · updated 5 days ago

Share price +5.1% over the past month.

A solid business, currently priced close to our fair value.

What matters now

  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
  • 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)

3.88 SGD 1.65 SGD Fair Value 3.23 SGD Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range 1.65 SGD – 3.88 SGD · fair‑value band 2.42 SGD – 4.04 SGD · the 3.32 SGD price screens above the 3.23 SGD fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

SINGAPORE LAND GROUP LTD (U06) currently trades at 3.32 SGD, while our model-based Fair Value estimate is 3.23 SGD, implying the stock looks roughly 2.7% fairly valued today. The Quality Score stands at 74/100 (solid quality), in the Real Estate sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: medium).

Over the trailing twelve months, SINGAPORE LAND GROUP LTD generated revenue of 816M SGD at a net margin of 33.4%. Revenue grew 12.7% year over year. It earns a return on equity of 3.3%. Net debt stands at 429M SGD. Fundamentals as of Aug 13, 2026

Our scenario range runs from 2.42 SGD (bear case) to 4.04 SGD (bull case); at 3.32 SGD, the current price sits within 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 15% below its 52-week high and 50% above its 52-week low, currently below its 200-day average. For context, the median of 10 Real Estate peers we cover trades at -34% fair-value upside, at -3%, U06 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
Growth DCF 1.77 SGD 2.46 SGD 3.35 SGD 80
Residual Income 4.30 SGD 4.14 SGD 3.45 SGD 76
Rev-Margin DCF 1.57 SGD 2.44 SGD 3.35 SGD 74
All 16 models by family
DCF Models
FCF DCF 1.71 SGD 2.45 SGD 3.45 SGD 38
5Y Revenue Exit 1.57 SGD 2.41 SGD 3.43 SGD 39
5Y EBITDA Exit 2.10 SGD 3.33 SGD 4.69 SGD 41
10Y Revenue Exit 1.56 SGD 2.30 SGD 3.19 SGD 36
10Y EBITDA Exit 1.93 SGD 2.91 SGD 4.08 SGD 37
Dividend Discount
Gordon GGM 0.4000 SGD 0.6000 SGD 0.8200 SGD 70
DDM Multi-Stage 0.4000 SGD 0.5600 SGD 0.7400 SGD 61
Multiples
P/S Multiple 2.42 SGD 3.23 SGD 4.04 SGD 58
P/B Multiple 2.42 SGD 3.23 SGD 4.04 SGD 55
EV/EBIT 3.05 SGD 4.13 SGD 5.20 SGD 53
EV/EBITDA 2.70 SGD 3.65 SGD 4.61 SGD 54
EV/Revenue 1.60 SGD 2.37 SGD 3.13 SGD 43
Asset-Based
NCAV (Graham) 3.00 SGD 4.02 SGD 6.01 SGD 50
Growth DCF
Growth DCF 1.77 SGD 2.46 SGD 3.35 SGD 80
Rev-Margin DCF 1.57 SGD 2.44 SGD 3.35 SGD 74
Economic Profit
Residual Income 4.30 SGD 4.14 SGD 3.45 SGD 76

Widest divergence: Economic Profit (4.14 SGD) versus Dividend Discount (0.5600 SGD). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) 816M SGD
Revenue growth (YoY) +12.7%
Net margin 33.4%
Return on equity 3.3%
Free cash flow 271M SGD FY2025
P/E ratio 17.5
More key figures
Operating margin 39.8%
EPS (TTM) 0.1900 SGD
Dividend yield 1.4%
EPS growth (YoY) -11.3%
Net debt 429M SGD FY2025

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 74/100

Of which business quality 69 · Market factors (momentum, volatility) 56

Profitability 33
Margins and returns on capital today
Quality Growth 64
Are margins and returns improving?
Cashflow 84
Earnings quality: real cash, not paper profit
Fin. Strength 75
Balance sheet, leverage, solvency risk
Investment 91
Disciplined investing over empire-building
Low Volatility 90
Calm price path (market factor)
Momentum 34
Price trend over the last 3–12 months (market factor)
52W Momentum 55
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.

About the company

Singapore Land Group Limited, an investment holding company, engages in the development of properties for investment and trading in Singapore and internationally. The company operates through Property Investment, Property Trading, Hotel Operations, Technology Operations, and Others segments.

Full company description

Singapore Land Group Limited, an investment holding company, engages in the development of properties for investment and trading in Singapore and internationally. The company operates through Property Investment, Property Trading, Hotel Operations, Technology Operations, and Others segments. It develops and leases commercial office, retail space, and residential properties. The company also offers property management services; invests in and operates hotels; invests in retail centers; distributes computers and related products; and provides information technology, systems integration, and networking infrastructure services. In addition, it invests in shares; retails computer hardware and software; and provides project and marketing management, and other related services, as well as treasury services. The company was incorporated in 1963 and is based in Singapore. Singapore Land Group Limited is a subsidiary of UOL Group Limited.

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

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

SINGAPORE LAND GROUP LTD reported revenue of 783M SGD in FY2025 versus 607M SGD in FY2021, a compound +6.6%/yr. Reported net income was 272M SGD in FY2025, compounding −4.8%/yr from FY2021.

Growth Quality 69/100
Revenue growth appears healthy and is supported by profitability and cash-flow quality.
Latest Revenue (FY 2025)
783M SGD
Latest YoY
+6.9%
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.
+8.6%
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.
+3.1%
Avg. growth/yr (12Y) 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.
+1.4%
Revenue +6.6%/yr
FY21 607M SGD
FY22 611M SGD
FY23 685M SGD
FY24 732M SGD
FY25 783M SGD
Net income −4.8%/yr
FY21 331M SGD
FY22 455M SGD
FY23 271M SGD
FY24 284M SGD
FY25 272M SGD

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Cite: Fair Value Calculator (2026). "SINGAPORE LAND GROUP LTD Fair Value". https://www.fairvalue-calculator.com/stock/U06

Peer Group

Real Estate - Diversified · 138 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 73 · Top 25%
Fair Value upside −3% · Below median
Return on equity (TTM) 3% · Below median
Return on assets 2% · Above median
Net margin (TTM) 33% · Above median
Operating margin (TTM) 40% · Above median
Revenue growth 13% · Above median
Dividend yield (TTM) 1.4% · Below median
Debt / equity 0.05× · Lower than 75% of peers

Valuation Multiples vs Real Estate - Diversified median · lower = cheaper

P/E (TTM) 17.5× · Pricier than median
P/B 0.42× · Cheaper than median
P/S (TTM) 4.41× · Pricier than median
P/FCF 13.3× · Pricier than 75% of peers
EV/EBITDA 10.9× · Cheaper than median
PEG 2.58× · Pricier than median

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 30 · sector 43
FUTURE 64 · sector 31
PAST 13 · sector 18
HEALTH 98 · sector 74
DIVIDEND 28 · sector 60

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 Aug 13, 2026).

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Frequently asked questions

Is SINGAPORE LAND GROUP LTD (U06) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of 3.23 SGD versus a price of 3.32 SGD, about −3% (fairly valued).
What is the fair value of U06?
Our model-based fair value for SINGAPORE LAND GROUP LTD is 3.23 SGD (as of Aug 13, 2026), built from audited fundamentals. The current price is 3.32 SGD.
What is the quality score of U06?
SINGAPORE LAND GROUP LTD has a Quality Score of 74/100. 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 revenue of SINGAPORE LAND GROUP LTD (U06)?
SINGAPORE LAND GROUP LTD reported trailing-twelve-month revenue of about 816M SGD (latest available figure, as of Aug 13, 2026).
What is the net profit margin of U06?
The net profit margin of SINGAPORE LAND GROUP LTD is about 33.4%, meaning it keeps roughly 33.4% of revenue as net income. Based on the latest reported figures.
Does SINGAPORE LAND GROUP LTD pay a dividend?
SINGAPORE LAND GROUP LTD currently shows a dividend yield of about 1.41% relative to its recent price (as of Aug 13, 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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