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UOB-Kay Hian Holdings (U10) Fair Value & Analysis

Financial Services · SG · Market cap 3.8B SGD

UK UOB-Kay Hian Holdings U10 · SG
Price3.88 SGD
Fair Value3.23 SGD
Upside-16.8%
Quality57/100
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Evidence: High Range 2.42 SGD – 4.04 SGD

Fair value as of: Jul 4, 2026

From 17 valuation models · updated today

Share price −0.3% over the past month.

Price vs Fair Value (12 months)

4.30 SGD 2.12 SGD Fair Value 3.23 SGD Jul 2025 Jul 2026

12‑month range 2.12 SGD – 4.30 SGD · fair‑value band 2.42 SGD – 4.04 SGD · the 3.88 SGD price screens above the 3.23 SGD fair value. As of Jul 4, 2026.

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Analysis

UOB-Kay Hian Holdings (U10) currently trades at 3.88 SGD, while our model-based Fair Value estimate is 3.23 SGD — implying the stock looks roughly 16.8% overvalued today. We read business quality at 57/100 (solid quality), in the Financial Services 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: high).

Over the trailing twelve months, UOB-Kay Hian Holdings generated revenue of 723M SGD at a net margin of 33.1%. Revenue grew 20.4% year over year. It earns a return on equity of 10.8%. Net debt stands at 138M SGD. Fundamentals as of Jul 4, 2026

Key figures & financial health

Revenue (TTM) 723M SGD
Revenue growth (YoY) +20.4%
Net margin 33.1%
Return on equity 10.8%
Free cash flow −82.1M SGD FY2025
P/E ratio 15.5
More key figures
Operating margin 34.9%
EPS (TTM) 0.2500 SGD
Dividend yield 3.3%
EPS growth (YoY) +21.9%
Net debt 138M SGD FY2022

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

About the company

UOB-Kay Hian Holdings Limited, an investment holding company, provides stockbroking, futures broking, structured lending, investment trading, margin financing, and nominee and research services. It offers corporate finance services, including underwriting and placement for primary and secondary equities, mergers and acquisitions, and compliance and financial advisory services; and acts as lenders and arrangers. The company also provides investor education and margin trading services; deals and trades securities; retail and institutional Investors; structured finance, such as privatization financing and credit restructuring services, as well as credit solutions and funding support services; money lending services; and wealth management products and services, including asset allocation strategies, discretionary portfolio management, asset manager platforms, and external investment products. In addition, it offers various products and services, such as equities, bonds, contracts for …

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

UOB-Kay Hian Holdings reported revenue of 624M SGD in FY2025 versus 620M SGD in FY2021, a compound +0.1%/yr. Reported net income was 239M SGD in FY2025, compounding +12.0%/yr from FY2021.

Revenue +0.1%/yr
FY21 620M SGD
FY22 448M SGD
FY23 454M SGD
FY24 533M SGD
FY25 624M SGD
Net income +12.0%/yr
FY21 152M SGD
FY22 102M SGD
FY23 170M SGD
FY24 224M SGD
FY25 239M SGD

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Frequently asked questions

Is UOB-Kay Hian Holdings (U10) undervalued?
As of Jul 4, 2026, our model estimates a fair value of 3.23 SGD versus a price of 3.88 SGD — about −17% (overvalued). Model-based estimate, not financial advice.
What is the fair value of U10?
Our model-based fair value for UOB-Kay Hian Holdings is 3.23 SGD (as of Jul 4, 2026), built from audited fundamentals. The current price is 3.88 SGD.
What is the quality score of U10?
UOB-Kay Hian Holdings has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of UOB-Kay Hian Holdings (U10)?
UOB-Kay Hian Holdings reported trailing-twelve-month revenue of about 723M SGD (latest available figure, as of Jul 4, 2026).
What is the net profit margin of U10?
The net profit margin of UOB-Kay Hian Holdings is about 33.1%, meaning it keeps roughly 33.1% of revenue as net income. Based on the latest reported figures.
Does UOB-Kay Hian Holdings pay a dividend?
UOB-Kay Hian Holdings currently shows a dividend yield of about 3.26% 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.